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World stocks rise as metals surge mitigates iPhone X woes

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LONDON (Reuters) - World stocks edged higher on Wednesday as a strong rally in commodities buoyed expectations for a strong year for the global economy in 2018 and helped mitigate concerns over the technology sector triggered by reports of soft iPhone X demand. [Source]

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Big portion of future GM electric vehicles for China market: executive

DETROIT (Reuters) - General Motors Co's China unit will sell a "substantial portion" of the automaker's future electric vehicles, GM China President Matt Tsien said on Wednesday.

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Exclusive: Japan in driver's seat for Indian bullet train deals

NEW DELHI/TOKYO (Reuters) - Japanese steel and engineering companies are in the driver's seat to bag major supply contracts for a $17 billion Indian bullet train, several sources said, undermining a key component of Prime Minister Narendra Modi's economic policy - a push to 'Make in India'.

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GLOBAL MARKETS-Asia stocks near record highs after Wall St surge, dollar edges back

* MSCI Asia-Pacific index hits record high, Nikkei at 26-yr peak

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Russia's World Cup likely target for Islamic State: U.S. analysis firm

BAGHDAD (Reuters) - The World Cup soccer tournament to be held in Russia in June and July will be an "attractive target" for Islamic State given Russia's role in the territorial defeat of the militant group, the U.K.-based analysis firm, IHS, said on Thursday.

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EMERGING MARKETS-Brazil stocks rise on foreign inflows, news events

SAO PAULO, Jan 17 (Reuters) - Brazil's benchmark Bovespa equities index registered strong gains on Wednesday, breaching the 81,000-point mark for the first time amid strong inflows of foreign capital and industry-related news that lifted some major stocks.

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Verizon says new U.S. tax law to increase fourth-quarter earnings

NEW YORK (Reuters) - Verizon Communications Inc said on Wednesday the tax overhaul bill signed into law by U.S. President Donald Trump late last year will result in a one-time reduction in net deferred income tax liabilities of about $16.8 billion.

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Alcoa misses estimate as Brazil drought hits production

(Reuters) - Aluminum producer Alcoa Corp's profit and revenue both missed market estimates for the fourth quarter as a drought in Brazil hit bauxite production and higher power prices in Spain boosted expenses, the company said on Wednesday.

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Fed fines Taiwan's Mega Bank $29 million for anti-money laundering failures

WASHINGTON (Reuters) - The U.S. Federal Reserve Board said on Wednesday it had fined Taiwan's Mega International Commercial Bank Co. $29 million for anti-money laundering violations and required the company to improve its anti-money laundering oversight and controls.

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Verizon says new U.S. tax law to increase 4th-qtr earnings

NEW YORK (Reuters) - Verizon Communications Inc said on Wednesday the tax overhaul bill signed into law by U.S. President Donald Trump late last year will result in a one-time reduction in net deferred income tax liabilities of about $16.8 billion.

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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.

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Dow ends above 26,000 on earnings optimism

NEW YORK (Reuters) - U.S. stocks jumped on Wednesday and the Dow closed above 26,000 for the first time as investors' expectations for higher earnings lifted stocks across sectors.

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US STOCKS-Dow ends above 26,000 on earnings optimism

* Boeing shares jump after announcing JV to make aircraft seats

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CANADA STOCKS-TSX ends up as banks lead rally after rate hike

TORONTO, Jan 17 (Reuters) - Canada's main stock index ended higher on Wednesday, with financial stocks leading a broad but shallow rally as the Bank of Canada hiked rates, offsetting losses among gold miners as the price of the precious metal slipped.

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Apple issues $2,500 bonuses to employees after new tax law: Bloomberg

(Reuters) - Apple Inc told its employees on Wednesday that the iPhone maker is issuing a bonus of $2,500 worth of restricted stock units following the new U.S. tax reform, Bloomberg reported, citing people familiar with the matter.

cnn.com

Leon Panetta: World needs to know that Trump is not who we are

The President of the United States recently made a vulgar and disparaging remark about immigrants to our country from poor and impoverished areas of the world. The remark is unsurprising -- it came from a President who seeks to close our country off from the rest of the world.

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Exclusive: Trump considers big 'fine' over China intellectual property theft

WASHINGTON (Reuters) - President Donald Trump said on Wednesday the United States was considering a big "fine" as part of a probe into China's alleged theft of intellectual property, the clearest indication yet that his administration will take retaliatory trade action against China.

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Shari Redstone explores adding new CBS directors: WSJ

(Reuters) - Shari Redstone has discussed adding new directors to the board of CBS Corp as she renews her push to merge the company with Viacom Inc, The Wall Street Journal reported Wednesday.

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Regulatory fears hammer bitcoin below $10,000, half its peak

LONDON/TOKYO (Reuters) - Bitcoin fell as much as 20 percent on Wednesday, piercing below $10,000, while other cryptocurrencies took similar spills due to investor fears that regulators could clamp down on them in an effort to curb speculation.

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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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Major shareholder demands Xerox disclose JV agreement with Fuji

(Reuters) - Major Xerox Corp shareholder Darwin Deason has urged the photocopier pioneer to make public its joint venture agreement with Japan's Fujifilm Holdings Corp , saying U.S. securities laws require it should do so.

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FTC investigating Broadcom for antitrust practices

(Reuters) - The Federal Trade Commission (FTC) is investigating whether chipmaker Broadcom Ltd engaged in anticompetitive tactics in negotiations with customers, the company said on Wednesday.

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Enthusiasm for earnings lifts Wall Street

NEW YORK (Reuters) - Wall Street's main indexes rose on Wednesday as investors' expectations for higher earnings lifted stocks across sectors.

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FTC probing Broadcom for antitrust practices: source

(Reuters) - The Federal Trade Commission (FTC) is investigating whether chipmaker Broadcom Ltd engaged in anticompetitive tactics in negotiations with customers, according to a person familiar with the matter.

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GLOBAL MARKETS-World shares advance as dollar loses steam

* Tech shares lead Wall St higher but Goldman, Bank of America lag

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'Just Hit Budget!' bankers at RBS restructuring unit told during crisis: memo

LONDON (Reuters) - Royal Bank of Scotland staff helping small firms to restructure debt during the financial crisis were given a list of ways to squeeze more money from struggling clients and told to "Just Hit Budget!", a memo released on Wednesday showed.

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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.

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Exclusive: Activist investor Sachem Head pushes Whitbread to consider break-up - sources

LONDON (Reuters) - Activist investor Sachem Head has asked Whitbread to consider a break up of its Costa Coffee chain from its hotels and restaurant businesses, two people familiar with the matter told Reuters.

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Ghosn lays groundwork for withdrawal as Renault CEO

PARIS (Reuters) - Renault-Nissan is to pursue plans to create separate strategy and operations leadership roles, Renault CEO Carlos Ghosn said on Wednesday in a sign he may pull back as boss of the French carmaker.

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Dealmaking Ferrero tycoon breaks decades of family tradition

MILAN (Reuters) - For almost 70 years, family-owned chocolate group Ferrero shunned acquisitions, relying completely on its ability to grow on its own and dream up new products. Those days are gone.

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FTC probing Broadcom for antitrust practices: WSJ

(Reuters) - The Federal Trade Commission (FTC) is investigating whether chipmaker Broadcom Ltd engaged in anticompetitive tactics in negotiations with customers, the Wall Street Journal reported, citing people familiar with the matter.

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German discounter Lidl slows U.S. expansion: paper

FRANKFURT (Reuters) - German discount food retailer Lidl is slowing its U.S. expansion and switching focus from big-box stores to smaller formats, the Handelsblatt business daily reported, citing local real estate and political sources.

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GE's 2018 gains wiped out as worries about turnaround plan persist

(Reuters) - Shares of General Electric Co continued its slide on Wednesday and wiped out all its gains in 2018, a day after the U.S. industrial conglomerate announced more than $11 billion in charges and hinted about a potential breakup.

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Tech, industrials lift Wall St.; financials recover

(Reuters) - Wall Street's main indexes were higher on Wednesday, led by technology and industrial stocks as well as a recovery in the financial sector.

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Rolls-Royce shares jump as commercial marine business goes on block

LONDON (Reuters) - Rolls-Royce is considering the sale of its loss-making commercial marine business in another shake-up by Chief Executive Warren East that will streamline its activities into civil aerospace, defense and power system units.

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Mining, demand for heating power U.S. industrial production

WASHINGTON (Reuters) - U.S. industrial production increased more than expected in December as unseasonably cold weather at the end of the month boosted demand for heating, but manufacturing output barely rose, pointing to moderate growth in the industrial sector.

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In replacing Dudley, New York Fed aims to avoid political pitfalls

NEW YORK (Reuters) - Unions and groups advocating for retirees, teachers, housing, and workers' benefits are among those visiting the ornate conference rooms of the Federal Reserve Bank of New York to lobby for a less conventional candidate to serve as its next president.

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Crypto stocks tumble as bitcoin selloff continues

(Reuters) - A slew of blockchain- and bitcoin-related stocks sank on Wednesday following a steep fall in the price of the cryptocurrency over the past few days on fears of regulatory clampdowns.

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Banks expected to share tiny proportion of mammoth Saudi Aramco IPO

LONDON (Reuters) - The banks that will advise and execute Saudi Aramco's stock market listing are expected to share a tiny proportion of the $100 billion Riyadh hopes to raise in its initial public offering, according to banking sources and industry insiders.

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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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Tech, industrials lead Wall Street higher, banks drop

(Reuters) - Wall Street's main indexes rose on Wednesday, led by gains in technology and industrial stocks, but losses in Goldman Sachs and Bank of America dragged down bank shares.

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In replacing Dudley, NY Fed aims to avoid political pitfalls

NEW YORK (Reuters) - Unions and groups advocating for retirees, teachers, housing, and workers' benefits are among those visiting the ornate conference rooms of the Federal Reserve Bank of New York to lobby for a less conventional candidate to serve as its next president.

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US STOCKS-Tech, industrials lead Wall Street higher, banks drop

* Indexes up: Dow 0.44 pct, S&P 0.31 pct, Nasdaq 0.34 pct (Changes comment, updates prices, adds details)

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U.S. approval to close Glencore's HNA deal seen by end-June: sources

LONDON (Reuters) - Swiss trader and miner Glencore expects to secure U.S. approval by the end of June on the U.S. portion of a deal to sell a 51 percent stake in its storage and logistics business to China's HNA Group, sources familiar with the matter said.

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BofA takes one-time tax hit, vows longer term boost

(Reuters) - Bank of America Corp's quarterly profit nearly halved due to tax-related charges, though net income excluding that hit topped estimates and management promised the new U.S. tax system would eventually benefit shareholders.

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Bitcoin slumps below $10,000, half its peak, as regulatory fears intensify

LONDON/TOKYO (Reuters) - Bitcoin skidded below $10,000 on Wednesday, halving in value from its peak price, with investors gripped by fears regulators could clamp down on the volatile cryptocurrency that sky-rocketed last year.

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EMERGING MARKETS-Brazil stocks rise on foreign inflows, one-time news events

SAO PAULO, Jan 17 (Reuters) - Brazil's benchmark Bovespa equities index registered strong gains on Wednesday, breaching the 80,000-point mark for the second time, amid strong inflows of foreign capital and industry-related news that lifted some major stocks. In the first nine sessions of 2018, the Bovespa registered 3.584 billion reais ($1.11 billion) in inflows, well above the 2.2 billion reais registered in the same period last year. Analysts and investors say this trend is continuing,

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Tech stocks lead Wall Street higher; banks drop

(Reuters) - Wall Street's main indexes were lifted by modest gains in technology stocks on Wednesday, led by Microsoft, IBM and Intel.

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Utilities, mining boost U.S. industrial production

WASHINGTON (Reuters) - U.S. industrial production increased more than expected in December as unseasonably cold weather at the end of the month boosted demand for heating, but manufacturing output barely rose, pointing to moderate growth in the industrial sector.

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Wall Street opens higher as tech stocks gain

(Reuters) - Wall Street's main indexes opened higher on Wednesday, led by gains in technology stocks including Microsoft and IBM.

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CANADA STOCKS-TSX flat as gold miners weigh, financials and pot stocks rise

TORONTO, Jan 17 (Reuters) - Canada's main stock index opened flat on Wednesday, with falls among gold miners offset by gains for financial stocks and marijuana producers.

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US STOCKS SNAPSHOT-Wall St opens higher as tech stocks gain

Jan 17 (Reuters) - Wall Street's main indexes opened higher on Wednesday, led by gains in technology stocks including Microsoft and IBM.

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Rolls-Royce shares jump as commercial marine unit goes on block

LONDON (Reuters) - Britain's Rolls-Royce is considering the sale of its commercial marine business, which has been hit by weak demand in offshore oil and gas markets, as part of a restructuring of the company into three core units.

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UK PM May pressured to safeguard jobs after Carillion's collapse

LONDON (Reuters) - Britain needs to allow more time for firms to take on 8,500 workers whose jobs are threatened by the demise of Carillion, unions said on Wednesday, as Prime Minister Theresa May faced criticism for the way the government outsources public services.

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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.

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Goldman posts first quarterly loss in 6 years on tax hit; trading slumps

(Reuters) - Goldman Sachs Inc on Wednesday posted its first quarterly loss in six years on a huge tax charge but adjusted profit trumped analysts' estimates, as strength in the investment banking business cushioned the blow from a slump in trading.

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Rolls-Royce shares jump as commercial marine unit goes on the block

LONDON (Reuters) - Britain's Rolls-Royce said on Wednesday it was considering the sale of its commercial marine business, which has been hit by weak demand in offshore oil and gas markets, as part of a restructuring of the company into three core units.

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Goldman Sachs beats estimates as investment banking revenue soars

(Reuters) - Goldman Sachs Inc on Wednesday reported a quarterly profit that trumped analysts' estimates, as strength in its investment banking business helped cushion the blow from a slump in trading.

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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.

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Bitcoin slumps to $10,000, half its peak price, as regulatory fears grow

LONDON/TOKYO (Reuters) - Bitcoin skidded a further 12 percent on Wednesday, marking an almost halving in value from its peak price, with investors spooked by fears regulators could clamp down on the volatile cryptocurrency that skyrocketed last year.

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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.

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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.

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World shares pull back from record highs, set for second fall of 2018

LONDON (Reuters) - World shares pulled back from record highs on Wednesday, set for only their second day of losses in 2018 as lower commodity prices and a string of downbeat updates from companies dampened the mood in global markets.

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GLOBAL MARKETS-World shares pull back from record highs, set for second fall of 2018

LONDON, Jan 17 (Reuters) - World shares pulled back from record highs on Wednesday, set for only their second day of losses in 2018 as lower commodity prices and a string of downbeat updates from companies dampened the mood in global markets.

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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.

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U.S. charges Barclays forex trader with fraud

LONDON (Reuters) - The U.S. Department of Justice (DoJ) has charged a Barclays foreign exchange trader over his alleged role in a scheme to defraud a client of the bank, the DoJ said.

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Bitcoin jolted by regulation worries, tumbles 11 percent on extended sell-off

TOKYO/LONDON (Reuters) - Bitcoin skidded more than 11 percent on Wednesday, extending a precipitous downturn in fortunes with investors spooked by fears regulators might clamp down on an asset whose value has skyrocketed in the past year.

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BRIEF-Kirkland Lake Gold Targets Higher Production, Improved Unit Costs In 2018 Guidance

* KIRKLAND LAKE GOLD TARGETS HIGHER PRODUCTION, IMPROVED UNIT COSTS IN 2018 GUIDANCE, ANNOUNCES NEW SHAFT PROJECT FOR MACASSA

cnn.com

How to party like a world leader

Park the Porsche. Secure the yacht.

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.

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EMERGING MARKETS-Dollar, commodities weigh on stocks, Turkey's lira jitters

LONDON, Jan 17 (Reuters) - A stronger dollar and weaker commodity prices knocked emerging stocks off their near-decade highs and weighed on currencies, with Turkey's lira on track for its worst week since early November on flaring geopolitical tensions.

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Britain needs to give companies more time to save Carillion-linked jobs: union

LONDON (Reuters) - The British government needs to allow more time for firms to take on workers whose jobs are threatened by the collapse of outsourcer Carillion , the head of one of Britain's biggest trade unions said on Wednesday.

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GE appoints new CEO for Europe

(Reuters) - Industrial conglomerate General Electric has appointed Peter Stracar chief executive and president of its European region, the company said in a statement.

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Stocks pull back from record highs, set for second day of losses in new year

LONDON (Reuters) - World shares pulled back from record highs on Wednesday, set for only their second day of losses in the new year as lower commodity prices and a string of downbeat updates from companies dampened the mood in global markets.

cnn.com

Stocks: 6 things to know before the bell

Mobile Applications nytimes.com

State of the Art: It’s Time for Apple to Build a Less Addictive iPhone

Apple gave us the modern smartphone. Now, it can create a new take on the device by encouraging us to use it more deliberately — and a lot less.

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GLOBAL MARKETS-Stocks pull back from record highs, set for second day of losses in new year

LONDON, Jan 17 (Reuters) - World shares pulled back from record highs on Wednesday, set for only their second day of losses in the new year as lower commodity prices and a string of downbeat updates from companies dampened the mood in global markets.

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U.S. charges former Barclays forex trader with fraud

LONDON (Reuters) - The U.S. Department of Justice (DoJ) has charged a former Barclays foreign exchange trader over his alleged role in a scheme to defraud a client of the bank, the DoJ said.

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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".

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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".

businessNews reuters.com

Asian shares retreat as commodities ease, bitcoin pummeled

TOKYO (Reuters) - Asian equities stepped back from a record high on Wednesday as the region's resource shares were knocked by falling oil and commodity prices while digital currencies tumbled on worries about tighter regulations.

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BRIEF-Cineworld ‍Fully Underwritten Rights Issue Raising Proceeds Of 1.7 Bln STG - bookrunner

* ‍FULLY UNDERWRITTEN RIGHTS ISSUE RAISING PROCEEDS OF £1.7 BILLION IN CONNECTION WITH PROPOSED ACQUISITION OF REGAL ENTERTAINMENT

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UPDATE 1-Chip tool maker ASML Q4 beats expectations, sees strong 2018

AMSTERDAM, Jan 17 (Reuters) - ASML, the Dutch supplier of equipment to key chip makers, reported a better-than-expected net profit for the fourth quarter as several customers asked for early delivery of products amid a booming semiconductor industry.

companyNews reuters.com

Nikkei falls as mining, oil stocks slip, bitcoin-related shares tumble

TOKYO, Jan 17 (Reuters) - Japan's Nikkei share average dropped on Wednesday as mining, oil and shipping stocks lost ground, while bitcoin-related stocks tumbled after the cryptocurrency's value extended its sharp decline on worries over tighter regulation.

companyNews reuters.com

Chip tool maker ASML Q4 beats expectations, sees strong 2018

AMSTERDAM, Jan 17 (Reuters) - ASML, the Dutch supplier of equipment to key chip makers, reported a better-than-expected net profit for the fourth quarter as several customers asked for early delivery of products amid a booming semiconductor industry.

sportsNews reuters.com

North Korea to send 230-strong cheering squad to Olympics in South, says Seoul

SEOUL (Reuters) - North Korea will send around 230 people as a single cheering squad to the Winter Olympics in the South next month, South Korea's unification ministry said in a statement after officials from the two Koreas held talks on Wednesday.

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China luxury sales rebound as millennials snap up cosmetics, handbags: report

SHANGHAI (Reuters) - China's luxury goods market is back in fashion.

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Big U.S. lenders reap benefits of higher rates, but savers not so much

NEW YORK (Reuters) - The U.S. Federal Reserve began steadily raising interest rates one year ago, offering a long-awaited tailwind for bank earnings because lenders can charge borrowers more for loans.

businessNews reuters.com

Bitcoin jolted by regulation worries, falls 7 percent on extended selloff

TOKYO/SINGAPORE (Reuters) - Bitcoin extended its sharp tumble of the past 24 hours, skidding more than seven percent on Wednesday in a rapid downturn in fortunes as investors were spooked by fears regulators might clamp down on an asset whose value has skyrocketed in the past year.

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Exclusive: GM, DHL use a Chinese plant to lead manufacturing change

LIUZHOU, China,  (Reuters) - Inside General Motors Co's vehicle assembly plant in this southern China city, many workers wear the red-and-yellow uniforms of DHL, the logistics company.

lifestyleMolt reuters.com

World's biggest flooded cave found in Mexico, explorers say

MEXICO CITY (Reuters) - A group of divers has connected two underwater caverns in eastern Mexico to reveal what is believed to be the biggest flooded cave on the planet, a discovery that could help...

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Bitcoin falls more than 7 percent as regulation worries mount

TOKYO (Reuters) - The price of bitcoin extended its sharp tumble of the past 24 hours, dropping more than seven percent on the Bitstamp exchange on Wednesday, spooked by worries regulators may try to clamp down on the highly-volatile trading in the digital currency.

businessNews reuters.com

Japan central bank to keep policy on hold, offer upbeat inflation view

TOKYO (Reuters) - Japan's central bank is set to maintain upbeat price forecasts next week and paint a slightly better picture of the economy than it did three months ago, signaling its conviction the country is making slow but steady progress in eradicating deflation.

companyNews reuters.com

Nikkei drops; mining, oil and shipping stocks lose ground, Bitcoin shares tumble

TOKYO, Jan 17 (Reuters) - Japan's Nikkei share average dropped on Wednesday morning as mining, oil and shipping stocks lost ground, while Bitcoin-related stocks tumbled after the cryptocurrency's value slid on worries about tighter regulations.

businessNews reuters.com

Top Walmart executive to be appointed International CEO: source

(Reuters) - Wal-Mart Stores Inc Chief Operating Officer Judith McKenna will take up the role of chief executive of its international unit, according to a source with knowledge of the matter.

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GRAINS-Wheat edges higher, lingers near more than 1-month low

SYDNEY, Jan 17 (Reuters) - U.S. wheat futures edged higher for the first time in four sessions on Wednesday, though prices continued to linger near more than one-month lows as ample global supplies continued to weigh. FUNDAMENTALS * The most active wheat futures on the Chicago Board Of Trade were up 0.1 percent at $4.16-3/4 a bushel by 0124 GMT, having closed down 1 percent on Tuesday when prices hit a low of $4.13-3/4 a bushel - the lowest since December 13, 2017. *

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Miramax bid for Weinstein Co. complicates sale process: LA Times

(Reuters) - An attempt by Qatar-owned film company Miramax to buy Weinstein Co. has complicated plans to sell the studio to a group of investors led by former Obama administration official Maria Contreras-Sweet, the Los Angeles Times reported on Tuesday, citing people familiar with the matter.

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Ford gives disappointing outlook, says turnaround to take years

DETROIT (Reuters) - Ford Motor Co on Tuesday estimated financial results for 2017 and 2018 that fell short of investor expectations, in a downbeat forecast that contrasted with a more positive outlook from rival automaker General Motors Co .

businessNews reuters.com

Asian shares dip as commodities ease, bitcoin licks wounds

TOKYO (Reuters) - Asian stocks stepped back from a record high on Wednesday as the region's resource shares were dented by falling oil and commodity prices while digital currencies tumbled on worries about tighter regulations.

Soccer nytimes.com

Morocco Wants to Host the World Cup. Just Don’t Ask for Any Details.

Five months after declaring its interest in hosting the 2026 World Cup, Morocco hasn’t said much about how it proposes to stage the world’s most-watched sporting event.

businessNews reuters.com

Automakers, U.S. lawmakers hope for progress on self-driving car bill

DETROIT (Reuters) - Automakers and lawmakers expressed hope on Tuesday that U.S. Congress would soon pass a stalled bill aimed at speeding self-driving cars to market, even as safety advocates argued for more performance requirements.

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Bitcoin falls 25 percent to $10,200 on Bitstamp exchange

SYDNEY (Reuters) - Bitcoin had lost a quarter of its value in early Asian trading on Wednesday as fears grew of a regulatory crackdown after reports that South Korea's finance minister said banning trading in cryptocurrencies was still an option.

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.

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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.

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CANADA STOCKS-TSX retreats as lower commodity prices pressure resource stocks

TORONTO, Jan 16 (Reuters) - Canada's main stock index fell on Tuesday as lower commodity prices weighed on the shares of materials and energy companies.

businessNews reuters.com

Railroad operator CSX's revenue misses as shipments fall

(Reuters) - CSX Corp reported lower-than-expected revenue for the fourth quarter due to a drop in shipments, but beat Wall Street's earnings targets on better prices and cost controls, capping a tumultuous year for the third-largest U.S. railroad operator.

businessNews reuters.com

NYSE to launch new NYSE National exchange in second quarter

NEW YORK (Reuters) - New York Stock Exchange parent Intercontinental Exchange Inc (ICE) plans to launch its fourth U.S. stock market, NYSE National, in the second quarter, according to a recent regulatory filing.

businessNews reuters.com

Wall St. eases as oil prices, General Electric fall

NEW YORK (Reuters) - Wall Street paused its rally on Tuesday, weighed down by weakness in General Electric shares and as lower oil prices dragged down the energy sector.

businessNews reuters.com

Exclusive: Mexico's Pemex chose Japan's Mitsui to complete Tula coking plant - sources

MEXICO CITY (Reuters) - Mexican state oil company Pemex [PEMX.UL] has chosen Japanese conglomerate Mitsui as its partner for a $2.6 billion coking plant project at its Tula refinery in a preliminary deal, two sources told Reuters this week.

healthNews reuters.com

Early puberty puts women at higher risk for heart disease and stroke

(Reuters Health) - Girls who start menstruating before they’re 12 years old may have a greater risk of heart disease and stroke later in life than their peers who go through puberty later, a U.K. study suggests.

businessNews reuters.com

Wells Fargo loses bid to end Philadelphia predatory lending lawsuit

(Reuters) - A federal judge in Philadelphia on Tuesday rejected Wells Fargo & Co's bid to dismiss that city's lawsuit accusing the largest U.S. mortgage lender of predatory lending targeting black and Hispanic borrowers.

businessNews reuters.com

Wall St. eases on lower oil prices

NEW YORK (Reuters) - Wall Street's major stock indexes pared gains in late afternoon trading on Tuesday as lower oil prices weighed on the energy sector.

companyNews reuters.com

US STOCKS-Wall St eases on lower oil prices

* GE slides after saying it would take $6.2 bln 4th-quarter charge

companyNews reuters.com

GLOBAL MARKETS-Stocks retreat from early gains as oil, copper fall

* Oil, copper drop after rally (Updates with European market close)

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.

businessNews reuters.com

Dow hits 26,000 for first time on earnings optimism

(Reuters) - The Dow Jones Industrial Average raced past the 26,000 mark for the first time on Tuesday as fourth-quarter earnings season got off to a strong start following upbeat results from UnitedHealth and Citigroup.

companyNews reuters.com

US STOCKS-Dow hits 26,000 for first time on earnings optimism

* Indexes up: Dow 0.59 pct, S&P 0.23 pct, Nasdaq 0.25 pct (Updates to early afternoon)

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.

worldNews reuters.com

World Bank urges Russia to spend more on healthcare, education

MOSCOW (Reuters) - Russia's new government after its March presidential election should invest more in education and healthcare to help spur economic growth, the World Bank's chief executive officer said on Tuesday.

companyNews reuters.com

UPDATE 2-European stocks end steady as commodity stocks weigh

* PSA, Engie, JD Sports also gain after updates (Adds details, closing prices)

businessNews reuters.com

Britain investigates Carillion directors after collapse

LONDON/CAMBRIDGE, England (Reuters) - Britain ordered a fast-track inquiry into the role played by Carillion's directors in the failure of the construction and services group, as some of its thousands of small suppliers started to lay off workers on Tuesday.

businessNews reuters.com

Nestle sells U.S. candy to Ferrero amid health push

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

businessNews reuters.com

Equities advance as Dow tops 26,000, dollar steadies

NEW YORK (Reuters) - World stock markets advanced on Tuesday, with investors on Wall Street pushing the Dow index past the 26,000 threshold, while the U.S. dollar strengthened after four days of declines.

businessNews reuters.com

Dow briefly tops 26,000 mark

(Reuters) - The Dow eased slightly after hitting the 26,000 mark for the first time on Tuesday, as earnings season got off to a strong start following upbeat results from UnitedHealth and Citigroup.

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

CEE MARKETS-Leu falls after PM quits, CEE stocks set multi-year highs

* Leu nears record low after PM resignation * Leu, Romanian stocks rebound as ruling party proposes new PM * German stocks rally helps Prague, Warsaw hit multi-year highs * Czech PM Babis loses confidence vote, but seen staying (Adds Romanian PM candidate, Czech confidence vote, central bankers) By Sandor Peto and Luiza Ilie BUDAPEST/BUCHAREST, Jan 16 (Reuters) - Romanian assets rebounded from a plunge on Tuesday as the ruling Social Democrat party (PSD) quickly picked

Restaurants nytimes.com

Critic’s Notebook: In Vancouver, a Door to a Parallel Culinary World

Kissa Tanto, a dolled-up setting for Italian food with Japanese influences, is part of a respectful revival in the city’s Chinatown.

companyNews reuters.com

US STOCKS-Dow briefly tops 26,000 mark

* Indexes up: Dow 0.57 pct, S&P 0.28 pct, Nasdaq 0.54 pct (Changes comment, adds details, updates prices)

businessNews reuters.com

German strikes spread to Daimler, union mulls escalation

BERLIN/FRANKFURT (Reuters) - Tens of thousands of German industrial workers downed tools on Tuesday in support of trade union IG Metall's demands for a 6 percent pay rise and a right to the first new cut in weekly working hours since the 1980s.

cnn.com

'Little girls don't stay little forever. They turn into strong women who return to destroy your world'

Kyle Stephens said she had her first sexual experience when she was 6 years old.

companyNews reuters.com

CANADA STOCKS-TSX slips as resource stocks retreat, pot stocks gain

TORONTO, Jan 16 (Reuters) - Canada's main stock index edged lower in morning trading on Tuesday as gold miners weighed down heavyweight resource stocks amid a commodity price retreat, even as marijuana producers extended a recent rally.

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.

businessNews reuters.com

Dow breaches 26,000 mark on robust earnings reports

(Reuters) - Wall Street's main indexes rose sharply on Tuesday, with the Dow hitting the 26,000 mark for the first time, as the fourth-quarter earnings season kicked into high gear.

businessNews reuters.com

Dow hits 26,000 for first time

(Reuters) - The Dow Jones Industrial Average touched the 26,000-mark for the first time on Tuesday and other Wall Street indexes climbed as strong earnings from UnitedHealth and Citigroup helped lift the sentiment.

companyNews reuters.com

CANADA STOCKS-TSX slips as materials stocks weigh, pot stocks rise

TORONTO, Jan 16 (Reuters) - Canada's main stock index edged lower in early trade on Tuesday, as gold miners and other materials stocks weighed while marijuana producers extended their latest rally.

companyNews reuters.com

US STOCKS SNAPSHOT-Dow hits 26,000 for first time

Jan 16 (Reuters) - The Dow Jones Industrial Average touched the 26,000-mark for the first time on Tuesday and other Wall Street indexes climbed as strong earnings from UnitedHealth and Citigroup helped lift the sentiment.

businessNews reuters.com

Shares stay on record run as metals skid

LONDON (Reuters) - Asia and Europe's big bourses kept world shares on their record-breaking run on Tuesday, although a steadier dollar halted the sizzling start to the year for the euro, yen and yuan and sent metals markets skidding.

businessNews reuters.com

Some 10,000 Daimler employees strike in push for higher wages

BERLIN (Reuters) - Some 10,000 workers at German carmaker Daimler AG walked off their shifts for an hour on Tuesday as they sought to persuade employers to give engineering workers around Germany more pay and a shorter working week.

cnn.com

Trump doesn't deny he used 'strong language,' WH says

environmentNews reuters.com

Russia readies supercomputer to improve World Cup weather forecasts

MOSCOW (Reuters) - Russia is setting up a supercomputer meant to improve weather forecasts ahead of this year's soccer World Cup finals, the authorities said on Tuesday.

businessNews reuters.com

GM sees flat 2018 earnings, with pickups picking up in 2019

DETROIT (Reuters) - General Motors Co said on Tuesday it expects earnings in 2018 to be largely flat compared with 2017, but that profits should pick up pace in 2019 as its revamped line of high-margin pickup trucks hits the U.S. market.

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.

businessNews reuters.com

Dow on track to top 26,000 at open

(Reuters) - Futures on the Dow Jones Industrial Average surged more than 200 points on Tuesday, indicating that the blue-chip index could open above 26,000 for the first time, supported by strong earnings from UnitedHealth.

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.

businessNews reuters.com

French carmaker PSA's sales lifted by growth in Iran and Latin America

PARIS (Reuters) - French carmaker PSA's global sales jumped by 15 percent last year as strong growth in Iran and Latin America helped to offset difficulties in Britain and China.

businessNews reuters.com

Maersk, IBM to launch blockchain-based platform for global trade

COPENHAGEN (Reuters) - The world's largest container shipping firm A.P. Moller-Maersk is teaming up with IBM to create an industry-wide trading platform it says can speed up trade and save billions of dollars.

businessNews reuters.com

Exclusive: Saudi Aramco snubs UBS and Bank of America for listing roles - sources

LONDON (Reuters) - Saudi Aramco has not invited UBS and Bank of America Merrill Lynch to pitch for senior advisory roles in its stock market listing because they have not lent money to the state oil giant in recent years, according to five finance sources.

businessNews reuters.com

Bitcoin slides 18 percent on crackdown fears; crypto rivals also plunge

LONDON (Reuters) - Bitcoin tumbled 18 percent on Tuesday to a four-week trough close to $11,000, after reports that a ban on trading of cryptocurrencies in South Korea was still an option drove fears grew of a wider regulatory crackdown.

businessNews reuters.com

Shares stay on record run, metals suffer meltdown

LONDON (Reuters) - Asia and Europe's big bourses kept world shares on their record-breaking run on Tuesday, though a steadier dollar halted the sizzling start to the year for the euro, yen and yuan and sent metals markets sprawling.

cnn.com

Stocks: 5 things to know before the bell

companyNews reuters.com

UPDATE 1-European stocks rise as corporate updates lift sentiment

* UK inflation edged down (Adds quotes, more share price moves)

businessNews reuters.com

Bitcoin slides 14 percent on crackdown fears, hits four-week low

LONDON (Reuters) - Bitcoin slid as much as 14 percent on Tuesday to hit a four-week low below $12,000, as fears grew of a regulatory crackdown after reports that South Korea's finance minister had said banning trading in cryptocurrencies was still an option.

companyNews reuters.com

European stocks rise as corporate updates improve sentiment

LONDON, Jan 16 (Reuters) - European shares rose on Tuesday after corporate trading updates lifted sentiment, with shares in German fashion house Hugo Boss gaining on better-than-expected sales in the last quarter of 2017.

businessNews reuters.com

Asian shares hit record high, euro near three-year top

TOKYO (Reuters) - Asian shares erased early modest losses and pushed to a fresh record high, while the euro remained within sight of a 3-year peak on rising expectations that the European Central Bank could pare its monetary stimulus.

businessNews reuters.com

U.S. oil industry set to break record, upend global trade

HOUSTON (Reuters) - Surging shale production is poised to push U.S. oil output to more than 10 million barrels per day - toppling a record set in 1970 and crossing a threshold few could have imagined even a decade ago.

businessNews reuters.com

Exclusive: U.S. lawmakers urge AT&T to cut commercial ties with Huawei - sources

WASHINGTON (Reuters) - U.S. lawmakers are urging AT&T Inc, the No. 2 wireless carrier, to cut all commercial ties to Chinese phone maker Huawei Technologies Co Ltd [HWT.UL] and oppose plans by telecom operator China Mobile Ltd to enter the U.S. market because of national security concerns, said two congressional aides.

businessNews reuters.com

PBOC official says China's centralized virtual currency trade needs to end: source

BEIJING (Reuters) - A senior Chinese central banker says authorities should ban centralized trading of virtual currencies as well as individuals and businesses that provide related services, an internal memo from a government meeting seen by Reuters showed.

businessNews reuters.com

Two Singapore Airbnb hosts to plead guilty to illegal letting charges: lawyer

SINGAPORE (Reuters) - Two Airbnb hosts charged in Singapore with unauthorized short-term letting of four apartments are expected to plead guilty next month, their lawyer said on Tuesday.

businessNews reuters.com

Asian shares shrug off losses, euro near three-year top

TOKYO (Reuters) - Asian shares pushed higher on Tuesday, erasing early modest losses while the euro stood near a 3-year peak on rising expectations that the European Central Bank could pare its monetary stimulus.

cnn.com

Russia's hidden world of North Korean labor

In pre-fabricated buildings, down a muddy track on the outskirts of St. Petersburg lies a world of hidden North Korean labor in Russia.

companyNews reuters.com

Nikkei ekes out gains, strong earnings expectations provide support

TOKYO, Jan 16 (Reuters) - Japan's Nikkei share average eked out gains on Tuesday, with expectations for strong corporate earnings underpinning sentiment.

businessNews reuters.com

Asian shares slip as iron ore softens, euro near three-year top

TOKYO (Reuters) - Asian shares slumped on Tuesday, as miners were pressured by weaker Chinese iron ore prices, while the euro stood near a 3-year peak on rising expectations that the European Central Bank could pare its monetary stimulus.

businessNews reuters.com

Germany's Continental hires JP Morgan for potential break-up: sources

FRANKFURT/LONDON (Reuters) - Germany's Continental AG has hired JP Morgan to advise on a possible break-up, sources told Reuters, as the auto parts maker repositions for a market focused on electric and self-driving vehicles.

businessNews reuters.com

China consumer group seeks answers from Apple about slowing iPhones

SHANGHAI (Reuters) - A Chinese consumer group has asked Apple for information about the slowing of older iPhones after operating system updates, demanding a reply before Friday, state news agency Xinhua reported.

companyNews reuters.com

CANADA STOCKS-Gold miners and pot stocks push TSX higher

TORONTO, Jan 15 (Reuters) - Canada's main stock index gained on Monday, boosted by a bounce-back in shares of cannabis producers and sharp gains for gold miners as bullion prices hit a four-month high.

businessNews reuters.com

Major automakers urge Trump administration: don't ditch NAFTA

DETROIT (Reuters) - Global automakers on Monday urged the Trump administration not to terminate the North American Free Trade Agreement and expressed hope the United States, Canada and Mexico can successfully conclude a modernized and improved trade pact.

companyNews reuters.com

CANADA STOCKS-TSX rises with pot stocks and gold miners

TORONTO, Jan 15 (Reuters) - Canada's main stock index ended higher on Monday, boosted by sharp jumps for cannabis stocks after a sell-off last week and by gains for major gold miners as the price of the precious metal hit a four-month high.

businessNews reuters.com

Fiat Chrysler CEO says no plans to sell brands to Chinese

DETROIT (Reuters) - Fiat Chrysler Automobiles NV's (FCA) has no intention of breaking up the company or selling individual brands to China or other parties, the company's chief executive said on Monday, adding that the group was counting on its coveted Jeep brand to drive future profits.

businessNews reuters.com

Oil hovers near three-year high despite rising U.S. output

CALGARY, Alberta (Reuters) - Oil hovered near a three-year high above $70 a barrel on Monday on signs that production cuts by OPEC and Russia are tightening supplies, although analysts warned of a "red flag" due to surging U.S. production.

Music nytimes.com

Review: Globalfest’s World Music for a Connected World

The 15th edition of the event featured 12 groups, from the Guadeloupean blues of Delgres to the diverse grooves of the Congolese group Jupiter & Okwess.

businessNews reuters.com

Lawsuit in U.S. accuses nine banks of rigging Canadian rate benchmark

NEW YORK/TORONTO (Reuters) - Nine large banks, including six from Canada, have been accused in a lawsuit of conspiring to rig a Canadian rate benchmark to improve profits from derivatives trading.

businessNews reuters.com

Fiat Chrysler boss says no plans to break up company

DETROIT (Reuters) - Fiat Chrysler Automobiles NV's CEO has no intention of breaking up the company or selling off individual brands to China or any other parties, he said on Monday, adding the group was counting on its coveted Jeep brand to drive profit.

businessNews reuters.com

Bidder for the Weinstein Company says bankruptcy may be best option

(Reuters) - Killer Content Inc, the movie producer that has partnered with philanthropist Abigail Disney in a consortium vying to acquire the Weinstein Company, said on Monday that a bankruptcy may be the best way forward for the U.S. film and TV studio.

businessNews reuters.com

Game of chicken: GM bets on Mexican-made pickup trucks

SILAO, Mexico/DETROIT (Reuters) - General Motors Co's assembly plant in Silao, a city in Mexico's automotive heartland, cranked out more than 400,000 highly profitable, large pickup trucks last year, and is critical to the launch of a new generation of Chevrolet Silverado trucks later this year.

Afghanistan nytimes.com

Challenging the Afghan State, a Cornered Strongman Tries to Ascend

Atta Muhammad Noor, who has ruled his resource-rich province like a king, is refusing to leave despite being fired by country’s president last month.

businessNews reuters.com

Ryanair wants to buy parts of Austrian airline Niki

VIENNA (Reuters) - Irish airline Ryanair said on Monday it had contacted the Austrian administrator of insolvent holiday airline Niki to express its interest in buying some of its assets.

businessNews reuters.com

Oil hovers around $70, clouded by rise in U.S. output

CALGARY, Alberta (Reuters) - Oil hovered near a three-year high above $70 a barrel on Monday on signs that production cuts by OPEC and Russia are tightening supplies, although analysts warned of "red flags" due to surging U.S. production.

businessNews reuters.com

U.S. automakers bet on diesel trucks after VW scandal

DETROIT (Reuters) - U.S. automakers are unveiling new diesel pickup trucks even as diesel sales have fallen sharply since Volkswagen AG's 2015 diesel emissions scandal.

businessNews reuters.com

Citi to raise pay for women and minorities in U.S., UK, Germany

(Reuters) - Citigroup Inc will increase compensation for women and minorities to bridge pay gaps in the United States, the United Kingdom and Germany, as part of its annual pay process this year, the Wall Street bank said on Monday.

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

Britain's Carillion collapses after banks pull the plug

LONDON (Reuters) - Carillion collapsed on Monday when its banks pulled the plug, triggering Britain's biggest corporate failure in a decade and forcing the government to step in to guarantee public services from school meals to road works.

businessNews reuters.com

America Last? EU says Trump is losing on trade

BRUSSELS (Reuters) - The European Union's trade tsar has no idea what Donald Trump will tell his audience at the World Economic Forum in Davos next week, but she is clear what the EU's message to the U.S. president will be.

companyNews reuters.com

CANADA STOCKS-TSX rises with gold miners and pot producers

TORONTO, Jan 15 (Reuters) - Canada's main stock index rose in morning trade on Monday, boosted by a bounce-back in shares of cannabis producers and sharp gains for gold miners as bullion prices hit a four-month high.

businessNews reuters.com

UK government seeks to limit damage after Carillion collapses

LONDON (Reuters) - Britain's Carillion collapsed on Monday after its banks lost faith in the construction and services company, forcing the government to step in to guarantee major public works contracts.

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.

businessNews reuters.com

BMW optimistic on favorable outcome to NAFTA talks

FRANKFURT (Reuters) - BMW is optimistic Washington's drive to renegotiate the North American Free Trade Agreement (NAFTA) will result in a deal that benefits the German carmaker, it said on Monday.

businessNews reuters.com

German carmakers eye further U.S. market share gains in 2018: VDA

DETROIT (Reuters) - German automakers expect to continue to grow market share in the United States this year thanks to a raft of new models, even as demand in the world's second largest car market is seen falling again slightly, Germany's VDA industry lobby said.

entertainmentNews reuters.com

Color returns to Hollywood's red carpets but Time's Up still strong

LOS ANGELES (Reuters) - After making a strong statement in black dresses at the Golden Globes to protest sexual harassment, actresses brought a burst of color back to the red carpet last week but said the message of the Time's Up campaign will continue throughout Hollywood's awards season.

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.

businessNews reuters.com

HNA wins loan deadline extension to proceed with Hong Kong property project

HONG KONG (Reuters) - Chinese conglomerate HNA Group's [HNAIR.UL] Hong Kong International Investment unit has negotiated a six-month deadline extension for a loan linked to a land parcel in Hong Kong as its parent contends with growing debt challenges.

cnn.com

Russian foreign minister accuses US of 'destabilizing' world

Russian Foreign Minister Sergey Lavrov has accused the United States of destabilizing the world, airing a list of grievances over the Trump administration's foreign policy.

worldNews reuters.com

Pope warns world is one step away from nuclear war

ABOARD THE PAPAL PLANE (Reuters) - Pope Francis said on Monday he was really afraid about the danger of nuclear war and that the world now stood at "the very limit".

businessNews reuters.com

Lloyd's of London to open Brussels unit in early 2019: CEO

HONG KONG (Reuters) - Insurance market Lloyd's of London [SOLYD.UL], an integral part of the British business scene since the 17th century, is on track to start operations at its Brussels unit next January, its chief executive said on Monday.

businessNews reuters.com

Legendary U.S. investor Boone Pickens closes energy hedge fund after setbacks

(Paragraph 6 of this JAN. 12 story has been corrected after HSBC said the Andurand Commodities Fund gained 2.2 pct in 2017, instead of losing 4.47 pct)

businessNews reuters.com

Noble Group nets less than expected from oil unit sale to Vitol

LONDON (Reuters) - Struggling commodities trader Noble Group has completed the sale of its U.S.-focused oil business to the world's largest oil trader Vitol, but net proceeds from the deal are lower than a previously announced estimate, the company said on Monday.

businessNews reuters.com

Oil hovers below $70 highs, clouded by rise in U.S. output

LONDON (Reuters) - Oil hovered below a three-year high near $70 a barrel on Monday on signs that production cuts by OPEC and Russia are tightening supplies, but analysts warned of "red flags" due to surging U.S. production.

companyNews reuters.com

EMERGING MARKETS-Record breaking Asia lifts stocks to 10-year high, yuan shines

LONDON, Jan 15 (Reuters) - Emerging markets started the week with the pedal to the metal on Monday, with the first record high for Asian stocks since 2007 and currencies from China's yuan to Mexico's peso and Russia's rouble rising against a sliding dollar.

businessNews reuters.com

Euro hits three-year high as Europe leads global optimism

LONDON (Reuters) - The euro hit a fresh three-year high on Monday as optimism around growth buoys expectations of tighter policy from central banks, while the chance of a pro-European coalition in Germany also boosted confidence in the continent.

businessNews reuters.com

Airbus aims to seize jet production crown from Boeing in 2020

PARIS (Reuters) - Airbus is three years away from recovering leadership of the commercial aircraft market by outproducing U.S. rival Boeing , its top planemaker predicted on Monday.