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Turboprop maker ATR reports surge in orders for 2017

PARIS, Jan 22 (Reuters) - ATR, the world's largest turboprop maker, reported on Monday that its number of orders had more than tripled from a year ago, buoyed by a general pick-up in the aviation sector.

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RPT-UPDATE 1-Taiwan, with strong Dec, won record export orders in 2017

* Official: Jan orders to drop m/m, but up more than 25.1 pct y/y

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Sanofi digs deep to buy U.S. haemophilia group Bioverativ for $11.6 billion

PARIS (Reuters) - French healthcare group Sanofi has agreed to buy U.S. haemophilia specialist Bioverativ for $11.6 billion, its biggest deal for seven years, which it said would strengthen its presence in treatments for rare diseases.

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UK's Computacenter hikes 2017 expectations, sees stable 2018

(Reuters) - IT services firm Computacenter Plc said on Monday its 2017 adjusted pretax results were set to beat its expectations, driven by strength across Germany, the United Kingdom and France.

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UK's Computacenter says to beat 2017 expectations, sees stable 2018

(Reuters) - Computacenter Plc's 2017 adjusted pre-tax results are set to beat expectations driven by strength across Germany, the United Kingdom and France, the British IT services company said on Monday.

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Sanofi to buy U.S. haemophilia group Bioverativ for $11.6 billion

PARIS (Reuters) - French healthcare group Sanofi has agreed to buy U.S. haemophilia specialist Bioverativ for $11.6 billion, in a deal which it said would boost earnings and strengthen its presence in treatments for rare diseases.

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Sanofi confirms deal to buy Bioverativ for $11.6 billion

PARIS (Reuters) - French healthcare group Sanofi has agreed to buy U.S. peer Bioverativ for $11.6 billion, in a deal which Sanofi said would boost its earnings and strengthen its presence in the field of treatment for rare diseases.

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UPDATE 2-Wal-Mart shops Brazil unit stake to Advent, other funds -sources

SAO PAULO, Jan 21 (Reuters) - Wal-Mart Stores Inc is in talks with buyout firm Advent International Corp and other funds to sell a major stake in its Brazilian operations, two people with direct knowledge of the matter said on Sunday.

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Billionaire Gupta looks to make electric cars in Australia

MELBOURNE, Jan 22 (Reuters) - British industrialist Sanjeev Gupta is set to bid for industrial assets at General Motors Co's former Holden manufacturing site in South Australia, according to the state's treasurer, aiming to use the equipment to build electric vehicles.

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Japanese retail investors pull out of bear fund as Nikkei hits 26-year peak

* In the past, inflows to inverse ETF rose when Nikkei gained

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Sanofi set to buy Bioverativ for more than $11.5 billion: WSJ

(Reuters) - Sanofi SA is close to a deal to take over U.S. drug maker Bioverativ Inc for more than $11.5 billion, the Wall Street Journal reported, citing people familiar with the matter.

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Saudi-led coalition to give $1.5 billion in Yemen aid, expand port capacity

RIYADH (Reuters) - A military coalition led by Saudi Arabia said on Monday it would commit $1.5 billion in new humanitarian aid for Yemen where it is supporting the internationally recognized government against Iran-aligned Houthis in a three-year-old civil war.

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Wal-Mart shops Brazil unit stake to Advent, other funds: sources

SAO PAULO (Reuters) - Wal-Mart Stores Inc is in talks with buyout firm Advent International Corp and other funds to sell a major stake in its Brazilian operations, two people with direct knowledge of the matter said on Sunday.

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UPDATE 1-Wal-Mart shops Brazil unit stake to Advent, other funds -sources

SAO PAULO, Jan 21 (Reuters) - Wal-Mart Stores Inc is in talks with buyout firm Advent International Corp and other funds to sell a major stake in its Brazilian operations, two people with direct knowledge of the matter said on Sunday.

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Stock-focused hedge funds post biggest gains among top performers

BOSTON (Reuters) - Hedge funds managers who bet on stocks scored some of the industry's biggest gains in 2017, when equity markets galloped past a series of critical milestones, according to a new list of the top 20 all-time performers.

PersonalFinance reuters.com

U.S. hedge fund Tiger Global has invested more than $1 billion in Barclays: FT

(Reuters) - U.S. hedge fund Tiger Global Management has invested more than $1 billion in Britain's Barclays Plc, the Financial Times reported on Sunday.

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With 25,339 murders in 2017, Mexico suffers record homicide tally

MEXICO CITY (Reuters) - There were more than 25,000 murders across drug-ravaged Mexico in 2017, the highest annual tally since modern records began, government data showed.

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China's Dalian Wanda Group says 2017 revenue down 10.8 percent

HONG KONG (Reuters) - Chinese conglomerate Dalian Wanda Group said on Saturday its revenue dropped for a second consecutive year, by 10.8 percent in 2017, as the group sold off property assets and faced increasing scrutiny from regulators and lenders.

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BRIEF-Viacom CEO Robert Bakish's 2017 Total Compensation Was $20.3 Mln

* VIACOM INC - CEO ROBERT M. BAKISH 'S 2017 TOTAL COMPENSATION WAS $20.3 MILLION - SEC FILING‍​

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Brazil refined oil products output dipped in 2017 -ANP

RIO DE JANEIRO, Jan 19 (Reuters) - Brazilian production of refined oil products slid 4.5 percent last year to 665.721 million barrels compared with 2016, oil regulator ANP said on Friday, as output of both diesel and gasoline dipped.

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BRIEF-National Fuel Gas Co Says CEO Ronald Tanski's FY 2017 Total Compensation Was $7.6 Mln

* NATIONAL FUEL GAS CO SAYS CEO RONALD TANSKI'S FY 2017 TOTAL COMPENSATION WAS $7.6 MILLION VERSUS $7.1 MILLION IN FY 2016 - SEC FILING Source text : http://bit.ly/2rq1TwQ Further company coverage:

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Wall Street opens higher as investors shrug off shutdown fears

(Reuters) - U.S. stocks opened higher on Friday, putting the major indexes on track for three straight weeks of gains as hopes of a strong earnings season overshadowed fears of a potential U.S. government shutdown.

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US STOCKS SNAPSHOT-Wall St opens higher as investors shrug off shutdown fears

Jan 19 (Reuters) - U.S. stocks opened higher on Friday, putting the major indexes on track for three straight weeks of gains as hopes of a strong earnings season overshadowed fears of a potential U.S. government shutdown.

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BRIEF-Schlumberger says to fund 2018 activity growth without raising capex from 2017 levels

* SCHLUMBERGER SAYS RETURN TO GROWTH IN INTERNATIONAL MARKET WILL REPRESENT "SIGNIFICANT BOOST TO OUR EARNINGS POWER" - CONF CALL

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Futures climb as investors shrug off government shutdown fears

(Reuters) - U.S. stock futures pointed to a record open for the benchmark S&P 500 index on Friday as investors bet on strong corporate earnings, while playing down fears of a potential U.S. government shutdown.

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BRIEF-Nordson Corp Says CEO Michael Hilton's FY 2017 Total Compensation Was $6.75 Mln Vs $6.43 Mln In FY 2016

* NORDSON CORP SAYS CEO MICHAEL HILTON'S FY 2017 TOTAL COMPENSATION WAS $6.75 MILLION VERSUS $6.43 MILLION IN FY 2016 - SEC FILING Source text (http://bit.ly/2rkvHuJ) Further company coverage:

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US STOCKS-Futures climb as investors shrug off govt shutdown fears

Jan 19 (Reuters) - U.S. stock futures pointed to a record open for the benchmark S&P 500 index on Friday as investors bet on strong corporate earnings, while playing down fears of a potential U.S. government shutdown.

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BRIEF-Citizens Financial Group Sees FY2018 Provision Expense $425 Mln - $475 Mln Vs. Underlying 2017‍​

* CITIZENS FINANCIAL GROUP SEES FY2018 PROVISION EXPENSE $425 MILLION - $475 MILLION VERSUS. UNDERLYING 2017‍​

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Exclusive: Most U.S. states lost coal mining jobs in 2017 – data

WASHINGTON (Reuters) - Nearly two-thirds of U.S. coal producing states lost coal mining jobs in 2017, even as overall employment in the downtrodden sector grew modestly, according to preliminary government data obtained by Reuters.

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India sends tax notices to cryptocurrency investors as trading hits $3.5 billion

NEW DELHI (Reuters) - India has sent tax notices to tens of thousands of people dealing in cryptocurrency after a nationwide survey showed more than $3.5 billion worth of transactions have been conducted over a 17-month period, the income tax department said.

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BRIEF-Selz Capital Reports 7.1 Pct Passive Stake In WPX Energy As Of Dec 31, 2017

* SELZ CAPITAL REPORTS 7.1 PERCENT PASSIVE STAKE IN WPX ENERGY AS OF DEC 31, 2017 - SEC FILING Source text (http://bit.ly/2FXnpfS) Further company coverage:

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BRIEF-Genesee & Wyoming's Traffic in Dec. 2017 Was 255,199 Carloads, Decrease Of 15,344 Carloads, Compared With Dec. 2016

* GENESEE & WYOMING INC - G&W'S TRAFFIC IN DECEMBER 2017 WAS 255,199 CARLOADS, A DECREASE OF 15,344 CARLOADS, OR 5.7%, COMPARED WITH DECEMBER 2016

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SEC says bitcoin funds raise 'investor protection issues'

(Reuters) - The U.S. securities regulator on Thursday raised alarm about the safety of bitcoin-themed investments, telling the fund industry they want answers to their concerns before endorsing more than a dozen proposed products based on cryptocurrencies.

healthNews reuters.com

China births drop 3.5 percent in 2017 - China Daily

SHANGHAI (Reuters) - Births in mainland China fell by 3.5 percent to 17.23 million last year, the China Daily reported on Friday, citing figures from the country's statistics bureau.

PersonalFinance reuters.com

Morgan Stanley raises targets, but Wall Street wants more

(Reuters) - Morgan Stanley raised key profitability and efficiency targets on Thursday, but those loftier goals failed to impress Wall Street analysts, who repeatedly asked Chief Executive Officer...

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UPDATE 1-U.S. fund investors pull most cash from 'junk' in 2 months -Lipper

(Adds details on funds, analyst quote, table, byline) By Trevor Hunnicutt NEW YORK, Jan 18 (Reuters) - U.S. fund investors pulled $3.1 billion from high-yield "junk" bonds during the latest week, Lipper data showed on Thursday, offering new warning signs about risk appetite despite global markets' continuing triumph. The junk bond withdrawals - from both mutual funds and exchange-traded funds (ETFs) during the week ended Wednesday - mark the largest of any week since November, accor

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Morgan Stanley lifts targets, but Wall Street wants more

(Reuters) - Morgan Stanley lifted key profitability and efficiency targets on Thursday, but those loftier goals failed to impress Wall Street analysts, who repeatedly asked Chief Executive Officer...

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U.S. fund investors pull most cash from 'junk' in two months: Lipper

NEW YORK (Reuters) - U.S. fund investors pulled $3.1 billion from high-yield "junk" bonds during the latest week, Lipper data showed on Thursday, offering new warning signs about risk appetite...

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U.S. fund investors pull most cash from 'junk' in 2 months -Lipper

NEW YORK, Jan 18 (Reuters) - U.S. fund investors pulled $3.1 billion from high-yield "junk" bonds during the latest week, Lipper data showed on Thursday, offering new warning signs about risk appetite despite global markets' continuing triumph.

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UPDATE 1-N. American Q4 cocoa grind falls, 5-year low for 2017

NEW YORK, Jan 18 (Reuters) - North American cocoa grindings took a surprise fall in the fourth quarter of 2017 and nudged down to a five-year low for the full calendar year, data from the National Confectioners Association (NCA) showed on Thursday.

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Factbox: Big U.S. banks' fourth-quarter results muddied by new tax law

(Reuters) - Morgan Stanley reported quarterly results on Thursday, rounding off an earnings season for big U.S. banks marked by across-the-board hit to profits from the U.S. tax overhaul.

businessNews reuters.com

Brazilian prosecutors ask BNY Mellon unit to return $2.5 billion to local fund

SAO PAULO (Reuters) - Brazilian prosecutors asked on Thursday that the local unit of Bank of New York Mellon Corp return 8.2 billion reais ($2.56 billion) to local pension fund Postalis, according to a statement.

businessNews reuters.com

CIBC eyes FirstCaribbean valuation around $1.4 billion: sources

TORONTO (Reuters) - Canadian Imperial Bank of Commerce is targeting a valuation of 10 times earnings for the potential listing of its FirstCaribbean business in New York, which would give it a market value of around $1.4 billion, five sources familiar with the matter told Reuters over the past week.

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UPDATE 2-Crisis-hit Venezuela's oil output plummets in 2017 to decades low

HOUSTON/CARACAS, Jan 18 (Reuters) - Venezuela's crude oil production fell nearly 13 percent last year, according to figures released by OPEC on Thursday, hitting a 28-year annual low that points to a deepening economic crisis and increased chances of a debt default.

environmentNews reuters.com

Earth sweltered again in 2017: hottest year without an El Nino

OSLO (Reuters) - Last year was the second or third warmest on record behind 2016, and the hottest without an extra dose of heat caused by an El Niño event in the Pacific Ocean, the United Nations said on Thursday.

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UPDATE 1-Crisis-hit Venezuela's oil output plummets in 2017 to decades low

HOUSTON/CARACAS, Jan 18 (Reuters) - Venezuela's crude oil production fell nearly 13 percent last year, according to figures released by OPEC on Thursday, hitting a 28-year annual low that points to a deepening economic crisis and increased chances of a debt default.

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Ex-Bank of America executive Malik to launch fund advisory firm

NEW YORK (Reuters) - Omeed Malik, a former Bank of America Merrill Lynch executive, is preparing to launch an advisory firm for hedge funds and other so-called alternative investment managers,...

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Families can pool resources for disabled in ABLE accounts

CHICAGO (Reuters) - TJ Rodriguez is 36 and cannot walk without a walker, but horse riding helps him build his strength.

cnn.com

2017 was again one of the hottest on record

2017 was once again one of the hottest years on record, ranked as the second-warmest by NASA and third-warmest by the National Oceanic and Atmospheric Administration.

environmentNews reuters.com

2017 was second or third warmest year, behind 2016 - U.N.

OSLO (Reuters) - Last year was the second or third warmest on record behind 2016, and the hottest without an extra dose of heat caused by an El Niño event in the Pacific Ocean, the United Nations said on Thursday.

companyNews reuters.com

Crisis-stricken Venezuela's oil output plummeted to decades low in 2017

HOUSTON/CARACAS, Jan 17 (Reuters) - Venezuela's oil production fell nearly 13 percent last year according to figures released by OPEC on Thursday, hitting a 28-year annual low that suggested a deepening economic crisis and increased chances of a debt default.

cnn.com

Cities ranging from New York and LA to Columbus, Ohio are in the running to land the $5 billion campus

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Emirates hands Airbus A380 superjumbo a lifeline with $16 billion order

NANTES, France (Reuters) - Emirates announced a deal for up to 36 Airbus A380 aircraft on Thursday worth as much as $16 billion at list prices, saving the world's biggest passenger jet from death row and securing its future for at least another decade.

PersonalFinance reuters.com

Your estate plan needs an update, even if it is new

NEW YORK (Reuters) - Got a dusty old binder with your will and estate plan? Even if you had your paperwork set up a few years ago, all of your documents are now out of date, thanks to new tax laws...

PersonalFinance reuters.com

Oil specialist Westbeck to launch electric vehicle hedge fund

LONDON (Reuters) - Oil-focused hedge fund firm Westbeck Capital will enter new territory next month with an equities fund designed to tap into growing excitement over electric vehicles, according to...

businessNews reuters.com

Emirates hands Airbus A380 superjumbo lifeline with $16 billion order

NANTES, France (Reuters) - Emirates announced a deal for up to 36 Airbus A380 aircraft on Thursday worth as much as $16 billion at list prices, saving the world's biggest passenger jet from death row and securing its future for at least another decade.

PersonalFinance reuters.com

Nursing home study raises questions on Medicare managed care networks

CHICAGO (Reuters) - Managed care is the hot trend in Medicare, with the number of seniors enrolled in Medicare Advantage plans projected to soar over the coming decade. These plans offer simplicity...

businessNews reuters.com

Emirates hands A380 superjumbo lifeline with $16 billion order

NANTES, France (Reuters) - Emirates announced a deal for up to 36 Airbus A380 aircraft on Thursday worth as much as $16 billion at list prices, saving the world's biggest passenger jet from death row and securing its future for at least another decade.

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BRIEF-Extraction Oil & Gas Announces Preliminary Q4 2017 Production

* EXTRACTION OIL & GAS ANNOUNCES PRELIMINARY FOURTH-QUARTER 2017 PRODUCTION; ESTIMATED CRUDE OIL VOLUMES NEAR THE HIGH END OF GUIDANCE RANGE WHILE TOTAL EQUIVALENT VOLUMES EXCEED MIDPOINT Source text for Eikon: Further company coverage:

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BRIEF-Beta Hunt Mine Gold Production Increases 21 Pct In Q4 2017

* BETA HUNT MINE GOLD PRODUCTION INCREASES 21 PCT IN Q4 2017; EXITS YEAR AT 70,000 OUNCE ANNUALIZED PRODUCTION RATE Source text for Eikon: Further company coverage:

topNews reuters.com

China's 2017 GDP growth accelerates for first time in seven years

BEIJING (Reuters) - China's economy grew faster than expected in the fourth quarter of 2017, as an export recovery helped the country post its first annual acceleration in growth in seven years, defying concerns that intensifying curbs on industry and credit would hurt expansion.

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BRIEF-Interdigital Says Expect One-Time Charge Of About $40 Million To $55 Million in Q4 2017 Related To Revaluation Of Deferred Tax Assets & Liabilities

* INTERDIGITAL SAYS EXPECT RECORDING IN Q4 2017 ONE-TIME CHARGE OF ABOUT $40 MILLION TO $55 MILLION RELATED TO REVALUATION OF DEFERRED TAX ASSETS & LIABILITIES Source text: (http://bit.ly/2FQgdSw) Further company coverage:

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BRIEF-Airgain ‍Reaffirms 2017 Sales Forecast Of 12 Pct To 15 Pct Growth Over Prior Year​

* AIRGAIN INC - ‍REAFFIRMS PREVIOUSLY ISSUED GUIDANCE FOR ITS SALES OUTLOOK FOR FISCAL YEAR 2017 OF 12% TO 15% GROWTH OVER PRIOR YEAR​

cnn.com

China's economy had a pretty great 2017, but this year could be tougher

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China's 2017 GDP growth accelerates for first time in 7 years

BEIJING (Reuters) - China's economy grew faster than expected in the fourth quarter of 2017, as an export recovery helped the country post its first annual acceleration in growth in seven years, defying concerns that intensifying curbs on industry and credit would hurt expansion.

technologyNews reuters.com

Google, Temasek to come in as new investors in Indonesia's Go-Jek: sources

SINGAPORE (Reuters) - Alphabet Inc's Google, Singapore state investor Temasek and Chinese online platform Meituan-Dianping are investing in Indonesian ride-hailing start-up Go-Jek as part of a $1.2 billion fundraising round, sources familiar with the matter said.

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UPDATE 2-Google, Temasek to come in as new investors in Indonesia's Go-Jek -sources

* Go-Jek expanding in payments business (Adds details on Google's investment, industry context)

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China's JD.com says will invest over $3 billion in "rustbelt" regions: Xinhua

SHANGHAI (Reuters) - Chinese online retailer JD.com will invest more than 20 billion yuan ($3.11 billion) in the country's northeastern "rustbelt" regions over the next three years, the Xinhua news agency reported on Thursday, citing the company.

companyNews reuters.com

BRIEF-Balfour Beatty Says 2017 Profit Benefiting From Credit From Us Tax Reforms

* ‍NOTES THAT US GOVERNMENT RECENTLY PASSED TAX CUTS AND JOBS ACT WHICH CONTAINS SIGNIFICANT TAX REFORM MEASURES​

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UPDATE 1-Google, Temasek coming in as new investors in Indonesia's Go-Jek -sources

* Go-Jek expanding in payments business (Adds details of funding, quote)

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BRIEF-Meyer Burger announces preliminary FY 2017 net sales of about CHF 473 mln

* MEYER BURGER ANNOUNCES PRELIMINARY FINANCIAL INFORMATION FOR FISCAL YEAR 2017

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Google, Temasek coming in as new investors in Indonesia's Go-Jek: sources

SINGAPORE (Reuters) - Alphabet Inc's Google , Singapore state investor Temasek Holdings Pte Ltd and Chinese online platform Meituan-Dianping are investing in a fundraising round of Indonesian ride-hailing start-up Go-Jek, sources familiar with the matter said.

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Google, Temasek coming in as new investors in Indonesia's Go-Jek -sources

SINGAPORE, Jan 18 (Reuters) - Alphabet Inc's Google , Singapore state investor Temasek Holdings Pte Ltd and Chinese online platform Meituan-Dianping are investing in a fundraising round of Indonesian ride-hailing start-up Go-Jek, sources familiar with the matter said.

cnn.com

White supremacists responsible for most extremist killings in 2017, ADL says

White supremacists were responsible for the majority of extremist killings in 2017 compared to other groups, according to a newly released report by the Anti-Defamation League.

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Toshiba sees $3.7 billion balance sheet improvement from Westinghouse deal

TOKYO (Reuters) - Toshiba Corp said on Thursday it would sell its claims in bankrupt nuclear unit Westinghouse Electric Co to a group led by the Baupost Group - a move that would contribute to an improvement of about 410 billion yen ($3.68 billion) in its balance sheet.

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U.S. investors' love affair with bonds unshaken by rising yields

NEW YORK (Reuters) - U.S. fund investors stampeded into bonds and world stocks during the latest week, ignoring warning signs about stretched prices, according to the Investment Company Institute...

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Bank of America takes tax hit, vows longer-term boost

(Reuters) - Bank of America Corp's quarterly profit was nearly chopped in half by tax-related charges but the lender's management promised the new U.S. tax system would eventually benefit...

businessNews reuters.com

Apple plans new U.S. campus, to pay $38 billion in foreign cash taxes

(Reuters) - Apple Inc will open a new campus as part of a 5-year, $30 billion U.S. investment plan and will make about $38 billion in one-time tax payments on its overseas cash, one of the largest corporate spending plans announced since the passage of a tax cut signed by U.S. President Donald Trump.

businessNews reuters.com

Apple plans second U.S. campus, to pay $38 billion in foreign cash taxes

(Reuters) - Apple Inc will open a second U.S. campus as part of a 5-year, $30 billion U.S. investment plan and will make about $38 billion in one-time tax payments on its overseas cash, one of the largest corporate spending plans announced since the passage of a tax cut signed by U.S. President Donald Trump.

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Tom Siebel's billion-dollar software firm raises $100 million

SAN FRANCISCO (Reuters) - C3 IoT, a software company founded and run by longtime Silicon Valley executive Thomas Siebel that helps companies collect and analyze data, has raised another $100 million in a new funding backed by TPG Growth, the company said on Wednesday.

Federal Taxes (US) nytimes.com

Apple, Capitalizing on New Tax Law, Plans to Bring Billions in Cash Back to U.S.

Less than four weeks after President Trump signed a new tax bill, Apple plans to repatriate the vast majority of its $252 billion in cash held abroad.

businessNews reuters.com

Apple to pay $38 billion in U.S. taxes on foreign cash, open new campus

(Reuters) - Apple Inc on Wednesday said it will make about $38 billion in tax payments on its overseas cash and plans to open a second U.S. campus as part of a 5-year, $30 billion U.S. investment plan.

PersonalFinance reuters.com

Sovereign investor 2017 deal values down 24 percent at $72 billion

LONDON (Reuters) - Sovereign investor deal-making fell 24 percent in 2017 to $72.5 billion as megadeals such as China Investment Corp's (CIC) bumper $13.8 billion buy of warehouse firm Logicor, which...

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UPDATE 1-Retailer Carrefour again lowers 2017 profit forecast ahead of strategy plan

* Q4 sales 23.328 bln euros, slightly above forecasts (Adds details and background)

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Goldman investors rattled by latest plunge in bond trading

(Reuters) - Goldman Sachs Group Inc on Wednesday reported a sharp drop in trading revenue that renewed questions about its ability to revive a moribund profit driver or find business to replace it, sending shares down 3 percent.

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UPDATE 3-Goldman investors rattled by latest plunge in bond trading

Jan 17 (Reuters) - Goldman Sachs Group Inc on Wednesday reported a sharp drop in trading revenue that renewed questions about its ability to revive a moribund profit driver or find business to replace it, sending shares down 3 percent.

businessNews reuters.com

Bank of America net profit slumps on $2.9 billion tax charge, adjusted income beats

(Reuters) - Bank of America Corp's net profit nearly halved compared with a year earlier as it booked a $2.9 billion charge stemming from the new federal tax law although it beat analysts' estimates when adjusted for the charge.

companyNews reuters.com

BRIEF-Points International 2017 Gross Profit And Adjusted EBITDA Expected To Be Near High End Of Prior Guidance

* POINTS INTERNATIONAL LTD. REPORTS STRONG PRELIMINARY FULL YEAR 2017 FINANCIAL RESULTS

businessNews reuters.com

BofA net profit slumps on $2.9 billion tax charge, adjusted income beats

(Reuters) - Bank of America Corp's net profit nearly halved compared with a year earlier as it booked a $2.9 billion charge stemming from the new federal tax law although it beat analysts' estimates when adjusted for the charge.

worldNews reuters.com

Schools, health could be hit by U.S. cut for Palestinian refugee funds: UNRWA chief

JERUSALEM/GAZA (Reuters) - A cut in U.S. funding for a U.N. agency that helps Palestinian refugees will affect regional security and could put vital health, educational and food services at risk, its chief said on Wednesday, adding he would appeal for world donations.

businessNews reuters.com

Futures higher as investors weigh bank earnings

(Reuters) - U.S. stock futures pointed to a higher open for Wall Street on Wednesday as investors assessed earnings of Bank of America and U.S. Bancorp.

companyNews reuters.com

US STOCKS-Futures higher as investors weigh bank earnings

Jan 17 (Reuters) - U.S. stock futures pointed to a higher open for Wall Street on Wednesday as investors assessed earnings of Bank of America and U.S. Bancorp.

businessNews reuters.com

Bank of America profit slumps on $2.9 billion tax charge

(Reuters) - Bank of America Corp's fourth-quarter profit nearly halved as it booked a $2.9 billion charge stemming from the new federal tax law.

companyNews reuters.com

BRIEF-Fortuna Reports 2017 Production Of 11.9 Million Silver Equivalent Ounces And Issues Guidance For 2018

* FORTUNA REPORTS 2017 PRODUCTION OF 11.9 MILLION SILVER EQUIVALENT OUNCES AND ISSUES GUIDANCE FOR 2018

businessNews reuters.com

Exclusive: J&J attracts Chinese interest for diabetes business in potential $3-4 billion deal - sources

HONG KONG (Reuters) - Chinese bidders are circling a diabetes care business owned by the world's largest healthcare company Johnson & Johnson in a deal that could fetch up to $4 billion, five people with direct knowledge told Reuters.

worldNews reuters.com

UNRWA chief appeals for Palestinian refugee funds after US cut

JERUSALEM/GAZA (Reuters) - The head of the U.N. agency that provides aid to Palestinian refugees appealed on Wednesday for world donations after the United States withheld about half its planned funding for the organization, a move he said risks instability in the region.

worldNews reuters.com

UNRWA chief appeals for Palestinian refugee funds after U.S. cut

JERUSALEM/GAZA (Reuters) - The head of the U.N. agency that provides aid to Palestinian refugees appealed on Wednesday for world donations after the United States withheld about half its planned funding for the organization, a move he said risks instability in the region.

companyNews reuters.com

UPDATE 1-UK's Cineworld 2017 revenue grows as Star Wars, Dunkirk shine

Jan 17 (Reuters) - British cinema operator Cineworld Group , which is buying U.S. peer Regal Entertainment for $3.6 billion, said total 2017 revenue grew 11.6 percent on strong box office takings for titles such as "Star Wars: The Last Jedi" and "Dunkirk".

companyNews reuters.com

UK cinema chain Cineworld's 2017 revenue grows as Star Wars, Dunkirk shine

Jan 17 (Reuters) - British cinema operator Cineworld Group , which is buying U.S. peer Regal Entertainment for $3.6 billion, said total 2017 revenue grew 11.6 percent on strong box office takings for titles such as "Star Wars: The Last Jedi" and "Dunkirk".

PersonalFinance reuters.com

Pimco doubts U.S. will enact infrastructure spending, welfare reform in 2018

NEW YORK (Reuters) - Investment firm Pimco thinks it is unlikely that Washington will enact welfare reform or a major spending plan to improve bridges, roads and other infrastructure in 2018, Libby...

PersonalFinance reuters.com

U.S. companies list blockchain ETFs as bitcoin proposals languish

NEW YORK (Reuters) - Investors looking to profit from excitement surrounding bitcoin technology will get a new opportunity this week.

businessNews reuters.com

GE reignites break-up talk after $11 billion insurance, tax hit

NEW YORK (Reuters) - General Electric Co indicated it is looking closely at breaking itself up on Tuesday as the conglomerate announced more than $11 billion in charges from its long-term care insurance portfolio and new U.S. tax laws.

businessNews reuters.com

Ford's 2017 profit misses Wall Street estimates

(Reuters) - Ford Motor Co on Tuesday reported 2017 preliminary adjusted earnings that missed market estimates, while its 2018 earnings forecast largely fell short of analysts' expectations.

companyNews reuters.com

BRIEF-Eldorado Reports Preliminary 2017 Gold Production Of 285,919 Ounces

* ELDORADO ANNOUNCES PRELIMINARY 2017 OPERATIONAL RESULTS AND PARTIAL 2018 GUIDANCE

companyNews reuters.com

BRIEF-ONE Gas Issues 2018 Financial Guidance Increases 2017 Financial Guidance

* ONE GAS ISSUES 2018 FINANCIAL GUIDANCE; INCREASES 2017 FINANCIAL GUIDANCE

PersonalFinance reuters.com

Stock 'fear index' snaps out of extended snooze, jumps to six-week high

NEW YORK (Reuters) - A widely followed gauge of expected near-term stock price gyrations perked up on Tuesday to a six-week high as traders took to the equity options market to pick up some...

companyNews reuters.com

UPDATE 1-Britain's RBS pulled plug on Carillion days before collapse

LONDON, Jan 16 (Reuters) - Carillion collapsed only days after Royal Bank of Scotland (RBS), one of the British group's main lenders, tightened the terms of its funding, court documents show.

businessNews reuters.com

GE renews break-up talk after $11 billion insurance, tax hit

(Reuters) - General Electric Co again raised the prospect of breaking up the conglomerate on Tuesday as it announced more than $11 billion in charges from its long-term care insurance portfolio and new U.S. tax laws.

businessNews reuters.com

Health-conscious Nestle sells U.S. candy to Ferrero for $2.8 billion

LONDON/MILAN (Reuters) - Swiss food group Nestle has agreed to sell its U.S. confectionery business to Italy's Ferrero for $2.8 billion, it said on Tuesday, marking CEO Mark Schneider's first big sale and a small step on its path towards healthier products.

companyNews reuters.com

BRIEF-Freddie Mac Financed $73.2 Billion In Loan Purchase & Guarantee Volume For 2017​

* FREDDIE MAC - ‍ FINANCED $73.2 BILLION IN LOAN PURCHASE & GUARANTEE VOLUME FOR 2017​ Source text for Eikon: Further company coverage:

technologyNews reuters.com

U.S. warns investors over Venezuela's 'petro' cryptocurrency

WASHINGTON (Reuters) - The U.S. Treasury has warned U.S. investors to approach Venezuela's proposed "petro" cryptocurrency with caution, saying that it may contravene U.S. sanctions against the government of Venezuelan President Nicolas Maduro.

companyNews reuters.com

U.S. holiday shoppers spend record $108 billion online - Adobe

Jan 16 (Reuters) - U.S. shoppers spent a record $108 billion snapping up discounts on Amazon and other websites during the 2017 holiday season, with more people using smartphones and tablets, Adobe Analytics said on Tuesday.

businessNews reuters.com

Nestle sells U.S. candy business to Ferrero for $2.8 billion amid health push

LONDON/MILAN (Reuters) - Swiss food group Nestle has agreed to sell its U.S. confectionery business to Italy's Ferrero for $2.8 billion, it said on Tuesday, marking CEO Mark Schneider's first big sale and a small step on its path toward healthier products.

businessNews reuters.com

Citigroup reports $18 billion loss on one-time tax items

(Reuters) - Citigroup Inc posted an $18-billion quarterly loss on Tuesday because of charges related to a new U.S. tax law, but its adjusted earnings beat Wall Street expectations and management signaled that the bank may soon lift financial performance targets.

businessNews reuters.com

GE renews break-up talk as it discloses $11 billion fourth quarter hit

(Reuters) - General Electric Co again raised the prospect of breaking up the conglomerate on Tuesday as it announced more than $11 billion in charges from its long-term care insurance portfolio and new U.S. tax laws.

companyNews reuters.com

BRIEF-Sylogist Q4 2017 Earnings Per Share C$0.09

* SYLOGIST ANNOUNCES FOURTH QUARTER AND FISCAL 2017 RESULTS: EPS INCREASES 14%, REPORTED EARNINGS UP 9%, MARGINS INCREASE, AUDIT COMMITTEE APPOINTMENT

PersonalFinance reuters.com

Be a money superhero and cosplay on a budget

NEW YORK (Reuters) - If you ever happen to run into Burbank’s Mark Chu-Lin, he might not respond if you call out to him by name.

companyNews reuters.com

Goldman's commodities revenue fell 75 pct in 2017 - Bloomberg

Jan 16 (Reuters) - Goldman Sachs Group Inc is expected to report a 75 percent fall in 2017 commodities trading revenue to its lowest on record, hurt by losses in gas and power, Bloomberg News reported on Tuesday.

companyNews reuters.com

BRIEF-Goldman's Commodity Revenue Drops 75 pct In 2017 - Bloomberg

* GOLDMAN SACHS GROUP INC'S COMMODITIES UNIT NET REVENUES FELL ABOUT 75 PERCENT IN 2017 - BLOOMBERG CITING SOURCES Source text: https://bloom.bg/2FH5euH Further company coverage:

businessNews reuters.com

GE to take $6.2 billion hit from insurance portfolio

(Reuters) - General Electric Co will take a $6.2 billion charge in its fourth quarter results for a more than decade-old insurance portfolio covering long-term healthcare costs, the company said on Tuesday.

companyNews reuters.com

BRIEF-Citigroup Q4 2017 Adj Shr $1.28

* CITIGROUP QTRLY REPORTED LOSS PER SHARE $7.15; QTRLY ADJUSTED EARNINGS PER SHARE $1.28; QTRLY REVENUE $17.26 BILLION VERSUS $17.01 BILLION

companyNews reuters.com

BRIEF-Cray Sees Fy 2017 Revenue About $390 Million

* CRAY- ESTIMATES IMPACT OF TAX CUTS AND JOBS ACT WILL RESULT IN REDUCTION TO CO'S GAAP EARNINGS FOR Q4, YEAR ENDED DEC 31, 2017 IN RANGE OF $30-35 MILLION Source text for Eikon: Further company coverage:

businessNews reuters.com

Citi profit tops estimates; books $22 billion tax charge

(Reuters) - Citigroup Inc on Tuesday reported quarterly profit that topped Wall Street expectations as consumer businesses made up for lower revenue from bond and currency trading.

PersonalFinance reuters.com

Round Hill, investor in Beatles and Bruno Mars songs, raises new fund

(Reuters) - Round Hill Music Royalty Partners, a private equity firm which invests in the copyright of songs from artists such as The Beatles, The Rolling Stones and Bruno Mars, said on Tuesday it...

businessNews reuters.com

GE to take $6.2 billion charge in its finance arm

(Reuters) - General Electric Co will record an after-tax charge of $6.2 billion in its fourth quarter results as part of an ongoing review of its finance arm's insurance portfolio, the company said.

cnn.com

With CHIP funds running low, doctors and parents scramble to cover kids' needs

environmentNews reuters.com

BP Deepwater Horizon costs balloon to $65 billion

LONDON (Reuters) - BP said on Tuesday it would take a new charge over the 2010 Deepwater Horizon spill after again raising estimates for outstanding claims, lifting total costs to around $65 billion.

PersonalFinance reuters.com

Activist fund Elliott urges changes to Bezeq Telecom board

TEL AVIV (Reuters) - Activist investor Elliott called for sweeping changes to the board of Bezeq Israel Telecom as it disclosed it has a 4.8 percent stake in the company, which has been under...

cnn.com

Billion dollar US embassy opens in London

The new US embassy in London opened its doors to the public for the first time on Tuesday, a billion dollar glass monolith presiding over a former industrial site south of the city.

companyNews reuters.com

BRIEF-Charter Court to sell interest Charter Mortgage Funding 2017-1

Jan 16 (Reuters) - Charter Court Financial Services Group Plc:

companyNews reuters.com

BRIEF-National Express Sees Small Tax Credit In 2017 from U.S. Tax Reform

* ANTICIPATED REDUCTION IN GROUP'S EFFECTIVE TAX RATE (ETR) FROM 1ST JANUARY 2018 DUE TO IMPACT OF US TAX CUTS AND JOBS ACT​

environmentNews reuters.com

BP to take $1.7 billion Deepwater Horizon charge

LONDON (Reuters) - BP said on Tuesday it expected to take a post-tax non-operating charge of around $1.7 billion in its fourth quarter results as part of the settlement of the deadly 2010 Deepwater Horizon spill in the United States.

companyNews reuters.com

BRIEF-Touchstone says Q4 2017 average production 1,448 BBLS/D

* ‍ACHIEVED NOVEMBER AND DECEMBER 2017 CRUDE OIL SALES OF 1,536 AND 1,337 BARRELS PER DAY ("BBLS/D"), RESPECTIVELY.​

cnn.com

Millions more Americans were uninsured in 2017

sportsNews reuters.com

Tennis: Kerber consigns 2017 to the history books

MELBOURNE (Reuters) - Angelique Kerber has turned the page on a horror 2017 season and is focused firmly on making a fresh start to her career, the German said after sailing into the second round at Melbourne Park on Tuesday.

cnn.com

Work provides crucial funds for N. Korea

North Korea is sending thousands of workers to Russia, then receiving the majority of their earnings despite international sanctions. CNN's Matthew Chance has an exclusive look inside one construction site.

companyNews reuters.com

BRIEF-Obsidian Energy reports FY 2017 production of 31,700 BOE/D

* OBSIDIAN ENERGY ANNOUNCES FULL YEAR 2017 PRODUCTION ABOVE GUIDANCE & PROVIDES OPERATIONAL UPDATE

companyNews reuters.com

UPDATE 3-Airbus wins 2017 order race after last-gasp sales spree

* Airbus confirms A380 future hinges on Emirates talks (Adds comments by Boeing, Moody's and market source)

companyNews reuters.com

BRIEF-SSR Mining Reports Q4, Year-End 2017 Production Results, 2018 Guidance

* SSR MINING REPORTS FOURTH QUARTER AND YEAR-END 2017 PRODUCTION RESULTS AND 2018 GUIDANCE

companyNews reuters.com

BRIEF-Turquoise Hill Announces Fourth Quarter 2017 Production

* TURQUOISE HILL RESOURCES LTD - ‍OYU TOLGOI MEETS 2017 PRODUCTION GUIDANCE​

companyNews reuters.com

Global carmakers to invest at least $90 billion in electric vehicles

DETROIT, Jan 15 (Reuters) - Ford Motor Co's plan to double its electrified vehicle spending is part of an investment tsunami in batteries and electric cars by global automakers that now totals $90 billion and is still growing, a Reuters analysis shows.

businessNews reuters.com

Carillion collapse hits banks and investors, boosts short sellers

LONDON (Reuters) - Leading British lenders including Barclays, the Royal Bank of Scotland and Lloyds Banking Group face the prospect of hundreds of millions of pounds in outstanding loans going unpaid from Carillion's collapse on Monday.

businessNews reuters.com

Airbus wins 2017 order race after last-gasp sales spree

PARIS (Reuters) - Frenetic selling in the closing weeks of 2017 saw Airbus overhaul Boeing's recent lead in the global jet market to win their annual order contest for a fifth year in a row, though doubts remain over the future of its flagship A380.

companyNews reuters.com

UPDATE 2-Airbus wins 2017 order race after last-gasp sales spree

* Airbus confirms A380 future hinges on Emirates talks (Adds detail, quotes, background)

companyNews reuters.com

BRIEF-‍Hennessy Advisors Completes Acquisition Of Rainier U.S. Equity Funds

* ‍HENNESSY ADVISORS, INC. COMPLETES ACQUISITION OF RAINIER U.S. EQUITY FUNDS, BRINGING ASSETS UNDER MANAGEMENT TO $7.3 BILLION​ Source text for Eikon: Further company coverage:

businessNews reuters.com

Investors see few silver linings in Carillion collapse

LONDON (Reuters) - Investors struggled to find buying opportunities after the collapse of British construction and support services company Carillion on Monday, underscoring how risks have piled up for the whole industry.

PersonalFinance reuters.com

Hedge funds intensify bearish dollar, U.S. bond bets: McGeever

LONDON (Reuters) - The direction fast money is flowing at the start of the year could not be clearer as hedge funds and speculators ramp up their bets on a lower dollar and higher U.S. bond yields.

companyNews reuters.com

CORRECTED-UPDATE 1-Airbus wins 2017 order race after last-minute sales spree

PARIS, Jan 15 (Reuters) - Frenetic selling in the closing weeks of 2017 saw Airbus overhaul Boeing's recent lead in the global jet market to win their annual order contest for the fifth year running, but doubts remain over the future of its flagship A380.

businessNews reuters.com

Exclusive: China's JD.com targets $2 billion fundraising at logistics unit - sources

HONG KONG (Reuters) - China's second-biggest e-commerce firm JD.com has kicked off a fundraising round at its logistics unit with a target of at least $2 billion, and eventually plans to list the business overseas, people with direct knowledge of the matter said.

companyNews reuters.com

GRAPHIC-CME copper volumes surge in 2017 on lower costs as rivals fade

By Melanie Burton MELBOURNE, Jan 15 (Reuters) - CME Group won a bigger slice of the copper market in 2017 from its rivals in London and Shanghai, a Reuters analysis of exchange data showed, a trend that is expected to continue though this year. Trades of CME's Comex copper contract surged 25.7 percent last year to a record of more than 300 million tonnes, the analysis showed. That makes Comex the world's second-biggest contract by volume. At the London Metal Exchange (LME), holde

companyNews reuters.com

Airbus wins 2017 order race after last-minute sales spree

PARIS, Jan 15 (Reuters) - Frenetic selling in the closing weeks of 2017 saw Airbus overhaul Boeing's recent lead in the global jet market to win their annual order contest for the fifth year running, while remaining behind its U.S. rival in the number of planes built.

businessNews reuters.com

SoftBank considers IPO for Japan wireless unit, said to seek $18 billion

TOKYO (Reuters) - SoftBank Group Corp said on Monday it was considering listing its Japanese wireless business, seeking to raise a reported $18 billion in a move that would accelerate the conglomerate's transformation into one of the world's biggest tech investors.

companyNews reuters.com

UPDATE 1-VW brand car sales hit record 6.23 mln in 2017

DETROIT, Jan 14 (Reuters) - Volkswagen's core autos division increased vehicle sales to a record 6.23 million cars last year, as rising demand for VW brand models in the Americas and the key Chinese market offset a decline in western Europe.

businessNews reuters.com

Ford plans $11 billion investment, 40 electrified vehicles by 2022

DETROIT (Reuters) - Ford Motor Co will significantly increase its planned investments in electric vehicles to $11 billion by 2022 and have 40 hybrid and fully electric vehicles in its model lineup, Chairman Bill Ford said on Sunday at the Detroit auto show.

companyNews reuters.com

UPDATE 3-Ford plans $11 billion investment, 40 electrified vehicles by 2022

DETROIT, Jan 14 (Reuters) - Ford Motor Co will significantly increase its planned investments in electric vehicles to $11 billion by 2022 and have 40 hybrid and fully electric vehicles in its model lineup, Chairman Bill Ford said on Sunday at the Detroit auto show.

technologyNews reuters.com

End of a chip boom? Memory chip price drop spooks investors

SEOUL (Reuters) - After a blistering year-and-a-half long surge, a sudden drop in some memory prices, followed by Samsung Electronics Co's disappointing profit estimate, is causing jitters among investors who had bet the chip boom would last at least another year.

businessNews reuters.com

SoftBank plans $18 billion IPO of mobile phone unit: Nikkei

TOKYO (Reuters) - SoftBank Group plans to list its mobile phone business and raise some US$18bn, the Nikkei newspaper has said, a spin-off that would complete the Japanese telecoms conglomerate's transformation into a global technology investor.

worldNews reuters.com

China sees 1,300 fugitives returned from overseas in 2017: China Daily

SHANGHAI (Reuters) - A total of 1,300 fugitives were returned to China from overseas last year, including 347 corrupt officials, the China Daily reported on Monday, citing figures from the country's corruption watchdog.

businessNews reuters.com

VW to spend more than $3.3 billion through 2020 on U.S. model expansion

DETROIT (Reuters) - Volkswagen plans to spend more than $3.3 billion on development and production of new models in North America from 2018 to 2020 as the German group reboots operations in the world's second-largest auto market.

businessNews reuters.com

Softbank plans $18 billion IPO of mobile phone unit this year: Nikkei

TOKYO (Reuters) - SoftBank Group Corp plans to list its mobile-phone business and raise some $18 billion, the Nikkei newspaper said, a spin-off that would complete the Japanese telecoms conglomerate's transformation into a global technology investor.

businessNews reuters.com

Ford plans $11 billion investment, 40 electric vehicles by 2022

DETROIT (Reuters) - Ford Motor Co will significantly increase its planned investments in electric vehicles to $11 billion by 2022 and have 40 hybrid and fully electric vehicles in its model lineup, Chairman Bill Ford said on Sunday at the Detroit auto show.

companyNews reuters.com

UPDATE 2-Ford plans $11 billion investment, 40 electric vehicles by 2022

DETROIT, Jan 14 (Reuters) - Ford Motor Co will significantly increase its planned investments in electric vehicles to $11 billion by 2022 and have 40 hybrid and fully electric vehicles in its model lineup, Chairman Bill Ford said on Sunday at the Detroit auto show.

businessNews reuters.com

Ford ups electric vehicle plans to $11 billion by 2022: executive

(Reuters) - Ford Motor Co will increase significantly its planned investments in electric vehicles to $11 billion by 2022, Chairman Bill Ford told reporters on Sunday at the Detroit auto show.

companyNews reuters.com

UPDATE 1-Ford ups electric vehicle plans to $11 billion by 2022 - executive

Jan 14 (Reuters) - Ford Motor Co will increase significantly its planned investments in electric vehicles to $11 billion by 2022, Chairman Bill Ford told reporters on Sunday at the Detroit auto show.

companyNews reuters.com

Ford to increase electric vehicle investment to $11 billion - executive

Jan 14 (Reuters) - Ford Motor Co will increase to $11 billion its investments in electric vehicles, Jim Farley, the company's head of global markets, said on Sunday at the Detroit auto show.

technologyNews reuters.com

Softbank plans $18 billion IPO of mobile phone unit as soon as spring: Nikkei

TOKYO (Reuters) - SoftBank Group Corp plans to list its core mobile-phone unit in Tokyo and overseas as early as this spring, raising some 2 trillion yen ($18 billion) in one of Japan's biggest initial public offerings, the Nikkei newspaper said on Monday.

technologyNews reuters.com

French telcos to spend $3.7 billion to plug network gaps

PARIS (Reuters) - France's mobile telephone operators will spend more than 3 billion euros ($3.7 billion) rolling out a 4G network to ensure there are no coverage gaps by 2020, a government minister said.

businessNews reuters.com

VW brand car sales hit 6.23 million record in 2017

DETROIT (Reuters) - Volkswagen's core autos division increased vehicle sales to a new record last year, as rising demand for VW brand models in the Americas and the key Chinese market offset a decline in western Europe.

companyNews reuters.com

VW brand car sales hit 6.23 mln record in 2017

DETROIT, Jan 14 (Reuters) - Volkswagen's core autos division increased vehicle sales to a new record last year, as rising demand for VW brand models in the Americas and the key Chinese market offset a decline in western Europe.

companyNews reuters.com

RPT-U.S. 'socially screened' funds draw second-biggest inflows ever

NEW YORK, Jan 12 (Reuters) - U.S. investors poured $4.7 billion into so-called socially responsible mutual funds and exchange-traded funds in 2017, the category's second-biggest annual inflow ever, with managers pointing to Trump administration policies as a reason for the move.

companyNews reuters.com

RPT-Wall St Week Ahead-Investors green-light infrastructure trade, but expect road bumps

NEW YORK, Jan 12 (Reuters) - Volatility awaits shares of U.S. construction, engineering, building materials and other companies tied to infrastructure spending, but steel-nerved investors could be poised for gains if they weather a few bumps.

technologyNews reuters.com

French telcos commit three billion euros to cover network black spots: report

PARIS (Reuters) - France's mobile telephone operators will spend more than 3 billion euros ($3.7 billion) rolling out a 4G network in black spots across the country to ensure there are no coverage gaps by 2020, according to a government minister.

PersonalFinance reuters.com

U.S. 'socially screened' funds draw second-biggest inflows ever

NEW YORK (Reuters) - U.S. investors poured $4.7 billion into so-called socially responsible mutual funds and exchange-traded funds in 2017, the category's second-biggest annual inflow ever, with...

PersonalFinance reuters.com

U.S. Supreme Court takes up challenge to SEC in-house judges

(Reuters) - The U.S. Supreme Court on Friday agreed to hear a challenge to a key Securities and Exchange Commission practice - its use of in-house judges to enforce investor protection laws - by a...

PersonalFinance reuters.com

New Vanguard CEO Buckley says indexing fosters competition

BOSTON (Reuters) - Vanguard Group Inc's vast scale helps it promote efficient markets, its new chief executive said on Friday, pushing back on concerns the growth of passive index funds could reduce...

PersonalFinance reuters.com

U.S. consumer watchdog official takes leadership fight to appeals court

WASHINGTON (Reuters) - An official who hopes to lead the Consumer Financial Protection Bureau on Friday took her fight to a U.S. appeals court, urging it to oust President Donald Trump's pick for the...

technologyNews reuters.com

Facebook changes News Feed; investors click on 'sad'

(Reuters) - Shares of Facebook Inc fell more than 4 percent on Friday and were on track for their worst session in more than three months after Chief Executive Mark Zuckerberg announced changes that he said would hit user engagement in the near term.

PersonalFinance reuters.com

German property developer Instone targets March IPO: sources

FRANKFURT (Reuters) - German residential property developer Instone Real Estate is targeting a flotation on the Frankfurt stock exchange in March, adding to a growing pipeline of spring listings in...

PersonalFinance reuters.com

PNC Financial fourth quarter profit more than doubles

(Reuters) - PNC Financial Services Group Inc reported a better-than-expected quarterly profit on Friday, helped by higher interest income and consumer loan growth and the U.S. regional lender also...

worldNews reuters.com

A Picture and its Story: Syrian pulled from rubble mourns 'martyred' young son

EASTERN GHOUTA, Syria (Reuters) - His brow dripping with blood and his skin caked with brick dust, Abu Abdallah was pulled out from under the rubble of his house near Damascus after it was blown up in an air raid.

companyNews reuters.com

BRIEF-General Dynamics Awarded $1 Billion Contract To Deliver Armored Vehicles To Romanian Army

* GENERAL DYNAMICS AWARDED $1 BILLION CONTRACT TO DELIVER PIRANHA 5 WHEELED ARMORED VEHICLES TO ROMANIAN ARMY

PersonalFinance reuters.com

BlackRock, Alliance Bernstein tapping more into electronic bond trading

(This January 11 story, corrects name of firm in headline, 1st, 2nd, 4th and 10th paragraphs to Alliance Bernstein from Vanguard)

Credit and Debt nytimes.com

For Bond Investors, Low Expectations in a Low-Yield World

Small portfolio tweaks, emerging markets and money market funds are options — but prospects for big profits are rare.

businessNews reuters.com

Wells Fargo adds $3.25 billion to consumer legal bill in fourth quarter

(Reuters) - Wells Fargo & Co set aside $3.25 billion in the fourth quarter to cover legal expenses related to probes into its mortgage and sales practices, but its 2018 cost outlook met analyst expectations as the bank tries to rebound from the scandal in its consumer banking business.

Banking and Financial Institutions nytimes.com

JPMorgan’s 4th-Quarter Profit Weathers $2.4 Billion Charge Tied to Tax Bill

The banking giant earned $4.2 billion after taking a $2.4 billion charge linked to the tax overhaul. Wells Fargo reported $6.2 billion in quarterly earnings after a $173 million charge.

companyNews reuters.com

BRIEF-Sherritt Announces 2017 Production Results And Guidance For 2018

* SHERRITT ANNOUNCES 2017 PRODUCTION RESULTS AND GUIDANCE FOR 2018

businessNews reuters.com

Futures rise as investors assess big bank earnings

(Reuters) - U.S. stock futures rose and pointed to a positive open for Wall Street on Friday as investors digested fourth-quarter earnings reports from big U.S. lenders.

PersonalFinance reuters.com

PNC Financial profit more than doubles in fourth quarter

(Reuters) - U.S. regional lender PNC Financial Services reported a better-than-expected quarterly profit on Friday, helped by higher interest income and consumer loan growth.

companyNews reuters.com

US STOCKS- Futures rise as investors assess big bank earnings

Jan 12 (Reuters) - U.S. stock futures rose and pointed to a positive open for Wall Street on Friday as investors digested fourth-quarter earnings reports from big U.S. lenders.

businessNews reuters.com

BMW hits 2017 sales record but Mercedes keeps lead

BERLIN (Reuters) - BMW reported record sales last year on strong demand for its sport-utility vehicles and the overhauled 1-Series compact but was outsold by Mercedes-Benz, keeping the order in the three-way German luxury sales race unchanged.

businessNews reuters.com

Explainer: Investors to scour outlooks for U.S. companies' tax cut plans

NEW YORK (Reuters) - Corporate results for 2017's final quarter will start pouring in next week and are expected to be laden with one-time charges as U.S. companies begin to cope with tax code changes, including a one-time tax on trillions of dollars in profits held overseas.

businessNews reuters.com

Investors green-light infrastructure trade, but expect road bumps

NEW YORK (Reuters) - Volatility awaits shares of U.S. construction, engineering, building materials and other companies tied to infrastructure spending, but steel-nerved investors could be poised for gains if they weather a few bumps.

companyNews reuters.com

Wall St Week Ahead-Investors green-light infrastructure trade, but expect road bumps

NEW YORK, Jan 12 (Reuters) - Volatility awaits shares of U.S. construction, engineering, building materials and other companies tied to infrastructure spending, but steel-nerved investors could be poised for gains if they weather a few bumps.

companyNews reuters.com

EXPLAINER-Investors to scour outlooks for U.S. companies' tax cut plans

NEW YORK, Jan 12 (Reuters) - Corporate results for 2017's final quarter will start pouring in next week and are expected to be laden with one-time charges as U.S. companies begin to cope with tax code changes, including a one-time tax on trillions of dollars in profits held overseas.

companyNews reuters.com

METALS-Copper dips as equities catch investors' fancy

SYDNEY, Jan 12 (Reuters) - Copper prices eased in early Asian trading on Friday, hurt by a shift to stocks due to U.S. earnings optimism and a rise in oil prices.

companyNews reuters.com

BRIEF-Allegiant Reports December 2017 Traffic

* DEC 2017 SCHEDULED SERVICE ‍LOAD FACTOR 82.0%, UP 1.4 PTS ​

technologyNews reuters.com

SS&C boosts banking software heft with $5.4 billion DST deal

(Reuters) - SS&C Technologies Holdings Inc said on Thursday it would buy DST Systems Inc in a $5.4 billion deal, expanding its financial technology software prowess through its largest deal to date.

businessNews reuters.com

Corporations may dodge billions in U.S. taxes through new loophole: experts

WASHINGTON (Reuters) - A loophole in the new U.S. tax law could allow multinational corporations like Apple Inc to avoid paying billions of dollars in taxes on profits stashed overseas, according to experts.

businessNews reuters.com

Fiat Chrysler to invest $1 billion in Michigan plant, add 2,500 jobs

DETROIT (Reuters) - Fiat Chrysler Automobiles said on Thursday it will shift production of Ram heavy-duty pickup trucks from Mexico to Michigan in 2020, a move the automaker said was enabled "by the passage of U.S. tax reform legislation" in December.

companyNews reuters.com

BRIEF-Bluerock Residential Growth REIT Deploys $189 Million Of Equity Into $509 Million Of Real Estate Transactions During Fourth Quarter 2017

* BLUEROCK RESIDENTIAL GROWTH REIT DEPLOYS $189 MILLION OF EQUITY INTO $509 MILLION OF REAL ESTATE TRANSACTIONS DURING FOURTH QUARTER 2017 Source text for Eikon: Further company coverage: