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Aston Martin hit by Daimler steering-column recall

PARIS (Reuters) - Aston Martin has become the latest carmaker to be caught up in a major recall of faulty Daimler steering-column components that can cause unintended airbag deployments.

businessNews reuters.com

Germany confirms Audi recall due to illicit emission-control device

BERLIN (Reuters) - Germany's transport ministry confirmed a media report on Monday that the KBA automotive watchdog detected illicit emission-control software in Audi's latest Euro-6 diesel models and ordered a recall of the vehicles.

businessNews reuters.com

Stocks shrug off U.S. shutdown, dollar dips

LONDON (Reuters) - World stocks and U.S. bond markets on Monday shrugged off a government shutdown in Washington, although the dollar pulled back as the euro continued its strong start to the year.

companyNews reuters.com

GLOBAL MARKETS-Stocks shrug off U.S. shutdown, dollar dips

LONDON, Jan 22 (Reuters) - World stocks and U.S. bond markets on Monday shrugged off a government shutdown in Washington, although the dollar pulled back as the euro continued its strong start to the year.

businessNews reuters.com

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.

businessNews reuters.com

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.

businessNews reuters.com

Wall Street futures, dollar dip after U.S. government shutdown, Asia resilient

TOKYO (Reuters) - Wall Street stock futures and the dollar pulled back slightly on Monday after the U.S. government was forced to shut down amid a dispute between President Donald Trump and Democrats over immigration.

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GLOBAL MARKETS-Wall Street futures, dollar dip after US government shutdown, Asia resilient

* South African rand shines, Turkish lira drops on Syria conflict

businessNews reuters.com

Exclusive: U.S. sanctions curb Microsoft sales to hundreds of Russian firms

MOSCOW (Reuters) - Two of Microsoft's official distributors in Russia have imposed restrictions on sales of Microsoft software to more than 200 Russian companies following new U.S. sanctions, according to notifications circulated by the distributors.

businessNews reuters.com

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.

businessNews reuters.com

Icahn, Deason to jointly push Xerox to explore selling itself, other options: WSJ

(Reuters) - Investor Carl Icahn and Darwin Deason, the biggest- and third-largest shareholders of Xerox Corp, jointly plan to push the printer and photocopier maker to explore options, including a sale of the firm, the Wall Street Journal reported on Sunday.

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Oil rises as Saudi Arabia says producers will cooperate beyond 2018

SINGAPORE (Reuters) - Oil prices climbed on Monday, pushed higher by comments from Saudi Arabia that cooperation between oil producers who are currently withholding supplies in an effort to prop up the market would continue beyond 2018.

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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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Toshiba considering IPO for memory chip unit: FT

TOKYO (Reuters) - Toshiba Corp is considering an IPO of its prized memory chip business if an agreed $18 billion sale of the unit to Bain Capital fails to gain antitrust approval by the end of March, the Financial Times reported on Monday.

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Oil prices rise on decline in U.S. drilling, Syria conflict

SINGAPORE (Reuters) - Oil prices climbed on Monday, pushed up by a drop in U.S. drilling activity and by fighting in Syria between Turkish forces and Kurdish fighters.

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Global stocks, dollar sag after U.S. government shutdown

TOKYO (Reuters) - Financial markets in the United States and Asian stocks took a knock early on Monday after the U.S. government was forced to shut down amid a dispute between President Donald Trump and Democrats over immigration.

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PRECIOUS-Gold up on safe haven buying after U.S. govt shutdown

Jan 22 (Reuters) - Gold prices edged up on Monday amid a softer dollar as investors sought safe haven assets after the U.S. government shutdown due to a funding impasse. FUNDAMENTALS * Spot gold rose 0.2 percent to $1,334.10 an ounce by 0046 GMT. * Spot gold fell 0.5 percent last week, its first weekly decline in six weeks. * U.S. gold futures were up 0.1 percent at $1,333.80. * The dollar index , which measures the greenback against a

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GLOBAL MARKETS-Stocks, dollar sag after US government shutdown

* South African rand shines, Turkish lira drops on Syria conflict

businessNews reuters.com

Icahn, Deason call on Xerox to explore options, including sale: WSJ

(Reuters) - Hedge fund investor Carl Icahn and another major owner of Xerox Corp stock, Darwin Deason, are pushing the digital print technology provider to explore strategic alternatives, including a sale, the Wall Street Journal reported on Sunday.

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Exclusive: Philadelphia Energy Solutions to file for bankruptcy - memo

(Reuters) - Philadelphia Energy Solutions LLC, the owner of the largest U.S. East Coast oil refining complex, announced to its employees on Sunday that it plans to file for Chapter 11 bankruptcy, according to an internal memo reviewed by Reuters.

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U.S. stock index futures dip after government shutdown continues

(Reuters) - Stock investors gave a muted reaction to the second day of a U.S. government shutdown on Sunday, with U.S. stock index futures dipping only slightly on expectations that the political impasse will not hurt the U.S. economy.

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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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U.S. stock index futures slip after government shutdown continues

(Reuters) - U.S. stock index futures slipped on Sunday after a government shutdown continued into a second day.

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Facebook to open digital training hubs in Europe

BRUSSELS (Reuters) - Facebook said on Monday it will open three new centers in Europe to train people in digital skills and committed to training one million people over the next two years, part of the social media giant's drive to show its contribution to the bloc.

cnn.com

Why I march: People reveal what compelled them to rally

Thousands of women came together this weekend in cities across the United States to rally for women's rights and mobilize for the 2018 midterm elections.

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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.

topNews reuters.com

In Women's March finale, Las Vegas rally kicks off voter drive

LAS VEGAS (Reuters) - Thousands of protesters gathered for the Women's March "Power to the Polls" rally in Las Vegas on Sunday, kicking off a national drive to register a million new voters as well as put more female candidates in office and stymie President Donald Trump's agenda.

businessNews reuters.com

Advent in talks to buy 50 percent of Wal-Mart's Brazilian unit: report

SAO PAULO (Reuters) - Private equity firm Advent is in talks to buy 50 percent of Wal-Mart Stores Inc's operations in Brazil, according to a report in Brazil's O Globo newspaper on Sunday.

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Wall Street Week Ahead: Where Netflix goes, Big Tech may follow

SAN FRANCISCO (Reuters) - Netflix Inc's quarterly results on Monday may offer an advanced preview of whether Facebook Inc , Amazon.com Inc and other heavyweights behind much of the U.S. stock market's record-breaking rally can keep delivering.

worldNews reuters.com

Greeks rally against use of "Macedonia" in name dispute with Skopje

THESSALONIKI, Greece (Reuters) - Hundreds of thousands of Greeks in the northern city of Thessaloniki rallied on Sunday to protest against the use of the name "Macedonia" in any solution to a row between Athens and Skopje over the name of the former Yugoslav republic.

Tennis nytimes.com

On Tennis: Momentum Builds Toward Grigor Dimitrov’s Grand Slam Breakthrough

Dimitrov, the No. 3 seed, put away Nick Kyrgios in four tight sets in a fourth-round classic at the Australian Open on Sunday.

businessNews reuters.com

Contrite Facebook executives seek to ward off more European rules

MUNICH (Reuters) - Facebook executives are fanning out across Europe this week to address the social media giant’s slow response to abuses on its platform, seeking to avoid further legislation along the lines of a new hate speech law in Germany it says goes too far.

businessNews reuters.com

Amazon's automated grocery store of the future opens Monday

SEATTLE (Reuters) - Amazon.com Inc will open its checkout-free grocery store to the public on Monday after more than a year of testing, the company said, moving forward on an experiment that could dramatically alter brick-and-mortar retail.

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Oil producers will cooperate beyond 2018, says Saudi Arabia

MUSCAT (Reuters) - Global oil producers are in agreement that they should continue cooperating on production after their deal on supply cuts expires at the end of this year, Saudi Arabia's energy minister Khalid al-Falih said on Sunday.

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Audi ordered to recall 127,000 vehicles over emissions -paper

FRANKFURT (Reuters) - Germany's KBA automotive watchdog has detected illicit emission-control software in Audi's latest Euro-6 diesel models and has ordered a recall of 127,000 vehicles, Bild am Sonntag reported.

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Saudi energy minister urges oil producers to extend cooperation beyond 2018

MUSCAT (Reuters) - Saudi Arabia's energy minister urged global oil producing nations on Sunday to extend their cooperation beyond 2018, but said this might mean a new form of deal rather than continuing the same supply cuts that have boosted prices in recent months.

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SoFi in talks with top Twitter exec about CEO position: WSJ

(Reuters) - Social Finance Inc (SoFi) is in discussions with Anthony Noto, a top Twitter Inc executive, to become the online lender's chief executive, the Wall Street Journal reported on Saturday, citing sources.

cnn.com

Whoopi Goldberg: We must commit to change

Viola Davis, Natalie Portman and Whoopi Goldberg were among the celebrities, activists and politicians who spoke at women's marches around the country.

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ADM pursues big ag merger with grain trader Bunge: source

CHICAGO/CALGARY, Alberta (Reuters) - Top U.S. grain merchant Archer Daniels Midland Co has proposed a takeover of Bunge Ltd , according to a person familiar with the approach, which could set up a bidding war with Swiss-based rival Glencore Plc .

sportsNews reuters.com

Rallying: Sainz clinches farewell Dakar victory for Peugeot

(Reuters) - Spaniard Carlos Sainz won the Dakar Rally for departing Peugeot in Argentina on Saturday.

sportsNews reuters.com

Figure skating: Record-breaking Papadakis, Cizeron take fourth European gold

MOSCOW (Reuters) - France's Gabriella Papadakis and Guillaume Cizeron set world records as they won their fourth consecutive European ice dance title on Saturday with an inspired performance that laid down a marker for a podium place at next month's Olympics.

cnn.com

Trump misses Mar-a-Lago party: High-dollar fundraiser to go on without him

With the government shut down, President Donald Trump isn't going to Mar-a-Lago as he planned for his high-dollar fundraiser Saturday night.

sportsNews reuters.com

Record-breaking Papadakis, Cizeron take fourth European gold

MOSCOW (Reuters) - France's Gabriella Papadakis and Guillaume Cizeron set world records as they won their fourth consecutive European ice dance title on Saturday with an inspired performance that laid down a marker for a podium place at next month's Olympics.

businessNews reuters.com

Deutsche Telekom expects steady dividend hikes: paper

FRANKFURT (Reuters) - Deutsche Telekom will keep to its promise of hiking dividends in 2018 and the years thereafter, its Chief Financial Officer Thomas Dannenfeldt told German daily Boersen-Zeitung.

worldNews reuters.com

Yemen's Houthis fire ballistic missile toward Saudi Arabia

DUBAI (Reuters) - Yemen's Houthi movement fired a ballistic missile toward the southern Saudi province of Najran on Saturday, the group's official al-Masirah TV reported, and a Saudi military spokesman said air defense forces had intercepted the missile.

businessNews reuters.com

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.

businessNews reuters.com

Possible Buffett heir Abel has small Berkshire stake, likely to grow

(Reuters) - Greg Abel, considered by many investors the top contender to succeed Warren Buffett as Berkshire Hathaway Inc's chief executive officer, on Friday reported owning about $2.1 million of the conglomerate's stock.

companyNews reuters.com

BRIEF-Core Gold Provides Update

* CORE GOLD PROVIDES UPDATE ON ELIPE S.A RESTORATION TO CORPORATE GOOD STANDING AND INVESTA BANK S.A. $15,000,000 DEBT FACILITY Source text for Eikon: Further company coverage:

sportsNews reuters.com

Sainz on the brink of Dakar Rally triumph for Peugeot

(Reuters) - Spaniard Carlos Sainz was one stage away from winning the Dakar Rally on Friday but Peugeot's hopes of a one-two finish in Argentina disappeared after reigning champion Stephane Peterhansel hit trouble.

businessNews reuters.com

ADM pursues big ag merger with grain trader Bunge: WSJ

CHICAGO/CALGARY, Alberta (Reuters) - Top U.S. grains merchant Archer Daniels Midland Co has proposed a takeover of Bunge Ltd , the Wall Street Journal reported on Friday, a move that could set up a battle for Bunge with London-based rival Glencore Plc .

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UPDATE 1-Weaker dollar adds to optimism over U.S. earnings

NEW YORK, Jan 19 (Reuters) - The dollar's drop to three-year lows this week after prolonged weakness in 2017 is expected to further boost profits at big U.S. companies when investor optimism is already high over corporate tax cuts.

businessNews reuters.com

Venezuela's woes poised to hit U.S. oilfield service firms' earnings

HOUSTON (Reuters) - U.S. oilfield service companies exposed to Venezuela face new hits to earnings from the South American nation's ongoing economic turmoil and U.S. sanctions on the country and state-run oil company PDVSA.

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McDonald's 'joint employment' trial delayed amid settlement talks

(Reuters) - McDonald's Corp and a U.S. labor board are in talks to settle a case claiming the fast food company is liable for purported labor law violations by its franchisees, leading a judge on Friday to pause a trial that began in 2015.

cnn.com

Nunes' FBI memo becomes a conservative rallying cry

House conservatives are demanding the public release of a memo spearheaded by Rep. Devin Nunes, the chairman of the House Intelligence Committee, detailing allegations of FBI missteps during the 2016 election -- a move that Democrats say is an effort to torpedo special counsel Robert Mueller's investigation into the Trump campaign by discrediting FBI work central to his inquiry.

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ADM has made takeover approach to Bunge: WSJ

(Reuters) - Agricultural processing and trading company Archer Daniels Midland Co has proposed a takeover of Bunge Ltd , the Wall Street Journal reported on Friday, a move that could set up a battle for Bunge with London-based rival Glencore Plc in an industry moving toward consolidation.

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FTC makes second request on Broadcom's bid for Qualcomm

(Reuters) - The U.S. Federal Trade Commission has made a second request for information on chipmaker Broadcom Ltd's $103 billion hostile bid for Qualcomm Inc , Broadcom said in a statement on Friday, a move that could indicate heightened antitrust scrutiny.

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Parent company of 7-Eleven agrees to divest some U.S. stores in Sunoco deal

WASHINGTON (Reuters) - Seven & i Holdings Co Ltd , the Tokyo-based parent company of the 7-Eleven network of stores, agreed to sell and divest some fuel outlets in its proposed $3.3 billion acquisition of 1,100 Sunoco LP outlets, the U.S. Federal Trade Commission said Friday.

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Judge overseeing AT&T, Time Warner merger trial hears document dispute

WASHINGTON (Reuters) - AT&T , owner of DirecTV, is asking for documents from a long list of companies as part of preparation for a trial to determine if they will be allowed to buy movie and TV show maker Time Warner , their lawyer Daniel Petrocelli said in a pre-trial hearing on Friday.

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UPDATE 7-Oil prices fall as rally falters on growing U.S. output concerns

* U.S. crude output expected to break through 10 mln bpd -IEA

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Archer Daniels has made takeover approach to Bunge: WSJ

(Reuters) - Agricultural trader Archer Daniels Midland Co made a takeover approach to rival Bunge Ltd , the Wall Street Journal reported on Friday, citing people familiar with the matter. http://on.wsj.com/2mSY8L0

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GE shares stumble to worst week since financial crisis

NEW YORK (Reuters) - General Electric shares tumbled for a fifth straight session on Friday, sending the stock to its biggest weekly percentage drop since the financial crisis, after the company flagged a possible breakup and more than $11 billion in charges earlier in the week.

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Wall Street ends higher despite government shutdown threat

NEW YORK (Reuters) - Wall Street rose on Friday, led by gains in consumer stocks, even as a possible government shutdown loomed.

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Fed's Quarles details steps to ease rules from Volcker to stress tests

WASHINGTON (Reuters) - A top bank regulator at the U.S. Federal Reserve is planning several imminent changes that Wall Street has wanted involving capital rules, proprietary trading and a process known as "living wills" that aims to prevent taxpayer bailouts.

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Delaware sues opioid manufacturers, distributors over epidemic

(Reuters) - Delaware on Friday became the latest state to file a lawsuit accusing corporations of helping fuel the national opioid epidemic, suing a wide range of companies involved in making, distributing and selling prescription painkillers.

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S&P, Nasdaq hit records, Dow muted as government shutdown looms

NEW YORK (Reuters) - The S&P 500 and the Nasdaq rose on Friday, led by gains in consumer stocks and hitting intraday highs, even as a possible government shutdown loomed.

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FTC set to make second request on Broadcom's bid for Qualcomm: sources

(Reuters) - The U.S. Federal Trade Commission is set to make a second request for information on chipmaker Broadcom Ltd's $103 billion hostile bid for Qualcomm Inc , people familiar with the matter said on Friday, indicating heightened antitrust scrutiny.

companyNews reuters.com

Weaker dollar adds to optimism over U.S. earnings

NEW YORK, Jan 19 (Reuters) - The dollar's drop to three-year lows this week after prolonged weakness in 2017 is expected to further boost profits at big U.S. companies when investor optimism is already high over corporate tax cuts.

businessNews reuters.com

Fed's Quarles says regulators have begun work to 'streamline' Volcker Rule

WASHINGTON (Reuters) - U.S. financial regulators have begun work on a proposal to "streamline" the Volcker Rule banning banks from making risky bets with their own money, the country's top banking regulator said on Friday, in a development that will be cheered by banks that have long complained the rule is too onerous.

businessNews reuters.com

Nike at two-year high as analysts tout margin benefits of direct sales

(Reuters) - Nike Inc's shares surged to a two-year high on Friday after two Wall Street brokerages said the footwear maker's profitability would soon reap the benefits of its recent move to sell directly to consumers.

healthNews reuters.com

Trump decries 'permissive' U.S. abortion laws at rally

WASHINGTON (Reuters) - President Donald Trump criticized U.S. abortion laws as among the most permissive in the world in a speech to anti-abortion activists at the annual March for Life on Friday, and pledged his administration would always defend "the right to life."

businessNews reuters.com

U.S. regulators have begun work to 'streamline' Volcker Rule: Fed official

WASHINGTON (Reuters) - U.S. financial regulators have begun work to "streamline" the Volcker Rule banning banks from making risky bets with their own money, the country's top banking regulator said on Friday.

businessNews reuters.com

General Electric shares drop for fifth straight session

NEW YORK (Reuters) - General Electric shares tumbled for a fifth straight session on Friday, flirting with their biggest weekly percentage drop since the financial crisis, after the company flagged a possible breakup and more than $11 billion in charges earlier in the week.

businessNews reuters.com

S&P lifted by consumer stocks, IBM weighs on Dow

(Reuters) - The S&P 500 and the Nasdaq edged higher on Friday following positive brokerage recommendations on a bunch of consumer names, but the Dow was reined in by losses in IBM.

businessNews reuters.com

Possible U.S. shutdown won't affect U.S.'s AAA-rating: Fitch

NEW YORK (Reuters) - Fitch Ratings said on Friday its top AAA debt rating for the United States would not be directly impacted by a possible federal shutdown, which will begin on Saturday if lawmakers fail to clinch a deal to fund the government.

politicsNews reuters.com

Thousands in Washington await Trump address to anti-abortion rally

WASHINGTON (Reuters) - Donald Trump will become the third sitting U.S. president to address anti-abortion activists at the annual March for Life on Friday, highlighting his shift in recent years from a supporter of women's access to abortion to a powerful opponent.

businessNews reuters.com

Gains in consumer stocks prop up S&P, Nasdaq

(Reuters) - The S&P 500 and the Nasdaq were prodded higher by gains in consumer stocks, while investors played down fears of a looming U.S. government shutdown.

businessNews reuters.com

Lowe's nominates directors after 'constructive' talks with D.E. Shaw

(Reuters) - Home improvement chain Lowe's Cos Inc said it has nominated two independent board members and plans to add a third following "constructive" talks with hedge fund D.E. Shaw Group, which has taken an activist stake, sending shares up 3 percent on Friday.

cnn.com

Video shows car careen toward truck driver

A car in Detroit slid on ice and nearly hit a tow truck driver. Fortunately, no one was injured in the crash.

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Amazon, Nike drive Wall Street higher

(Reuters) - Wall Street's main indexes rose on Friday, powered by gains in Amazon and Nike, while investors shrugged off fears of a looming U.S. government shutdown.

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Exclusive: Trump's coal job push stumbles in most states - data

WASHINGTON (Reuters) - President Donald Trump's effort to put coal miners back to work stumbled in most coal producing states last year, even as overall employment in the downtrodden sector grew modestly, according to preliminary government data obtained by Reuters.

businessNews reuters.com

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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BRIEF-Swedish Patent And Market Court Dismisses Allegations Towards Nasdaq

* JUDGEMENT FROM THE SWEDISH PATENT AND MARKET COURT - NASDAQ DISMISSED OF ALL ALLEGATIONS Source text for Eikon: Further company coverage: (Gdynia Newsroom)

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Road to ruin? Carillion collapse puts spotlight on UK outsourcing model

LONDON/BALMEDIE, Scotland (Reuters) - In Balmedie, a village on the northeast coast of Scotland, an unfinished 12 km stretch of dual carriageway is a stark illustration of why British construction company Carillion went bust this week.

businessNews reuters.com

NAFTA talks seen ending happily, despite growls from Trump

BENGALURU/SAO PAULO (Reuters) - The North American Free Trade Agreement will probably be renegotiated successfully with only marginal changes, said a large majority of economists in a Reuters poll, despite the Trump administration's saber-rattling.

sportsNews reuters.com

Olympics: Same gold medal favorites for women's ice hockey, same questions

(Reuters) - It has been 20 years since women's ice hockey became part of the Olympic program but those playing the game at the highest level are still stick-handling around the same old question.

businessNews reuters.com

Delta Air to tighten onboard emotional support animal requirements

NEW YORK (Reuters) - Delta Air Lines is tightening the requirements for passengers traveling with onboard service and emotional support animals, the carrier said on Friday, following a sharp uptick in animal-related safety issues over the last several years.

businessNews reuters.com

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.

businessNews reuters.com

Lowe's names two directors after talks with activist investor

(Reuters) - Lowe's Cos Inc said on Friday it added two board members, a week after reports that hedge fund D.E. Shaw & Co had built an active stake in the home improvement chain, sending its shares up 2 percent.

businessNews reuters.com

U.S. shutdown fears hurt dollar, Treasury yields at highest since 2014

LONDON (Reuters) - The dollar wallowed near three-year lows on Friday as heightened fears of a U.S. government shutdown unnerved investors, while U.S. Treasury yields continued an upward march to hit their highest levels since September 2014.

companyNews reuters.com

GLOBAL MARKETS-US shutdown fears hurt dollar, Treasury yields at highest since 2014

* Worries over possible U.S. government shutdown weigh on dollar

businessNews reuters.com

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.

businessNews reuters.com

Japan, U.S. to discuss trade 'framework', U.S. envoy says: NHK

TOKYO (Reuters) - Japan and the United States next week will start to discuss a framework of negotiations with the aim of concluding a trade pact and fixing bilateral trade imbalances, Japanese public broadcaster NHK quoted the U.S. ambassador to Japan as saying.

businessNews reuters.com

Dollar hurt by U.S. shutdown fears, Treasury yields at highest since 2014

LONDON (Reuters) - The dollar wallowed near three-year lows on Friday as heightened fears of a U.S. government shutdown unnerved investors, while U.S. Treasury yields continued an upward march to hit their highest levels since September 2014.

companyNews reuters.com

GLOBAL MARKETS-Dollar hurt by U.S. shutdown fears, Treasury yields at highest since 2014

* Worries over possible U.S. government shutdown weigh on dollar

companyNews reuters.com

BRIEF-Golden Ocean: John Fredriksen's ‍Hemen Holding owns 34.2 pct after delivery of vessel

* GOLDEN OCEAN GROUP LTD: ‍HEMEN HOLDING LIMITED, WHICH IS INDIRECTLY CONTROLLED BY JOHN FREDRIKSEN FOR BENEFIT OF HIS IMMEDIATE FAMILY, HAS RECEIVED 2,000,000 COMMON SHARES IN COMPANY AS PART OF SETTLEMENT OF PURCHASE PRICE FOR VESSEL​

businessNews reuters.com

Emirates A380 orders allow Airbus to maintain minimum production - COO

PARIS (Reuters) - Airbus Chief Operating Officer Fabrice Bregier said on Friday that Emirates' latest order for up to 36 A380 aircraft worth $16 billion at list price would allow the European planemaker to maintain a minimum production level of the superjumbo.

businessNews reuters.com

Wall Street traders brace for meager paychecks as bonus season approaches

NEW YORK (Reuters) - Some traders at the largest Wall Street banks are about to get big, fat zeroes for bonuses while they watch markets thrive.

businessNews reuters.com

Asia stocks rise on China growth, U.S. govt. funding woes dent dollar

TOKYO (Reuters) - Asia stocks shook off losses on Wall Street and edged up to record highs on Friday following China's announcement of faster-than-expected fourth quarter growth, while worries over a possible U.S. government shutdown weighed on the dollar.

companyNews reuters.com

GLOBAL MARKETS-Asia stocks rise on China growth, US govt funding woes dent dollar

* Evidence of accelerated Chinese econ growth support sentiment

businessNews reuters.com

Asia stocks set record highs, U.S. government funding woes weigh on dollar

TOKYO (Reuters) - Asia stocks edged up to record highs on Friday, although losses on Wall Street slowed the advance, while worries over a possible U.S. government shutdown weighed on the dollar.

businessNews reuters.com

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.

businessNews reuters.com

South Korean group files complaint against Apple CEO over iPhone slowdown

SEOUL (Reuters) - A South Korean consumer group has filed a criminal complaint against Apple Inc CEO Tim Cook over slower iPhone devices, after probes in Europe into allegations the firm had deliberately shortened the life of its handsets.

businessNews reuters.com

Exclusive: U.S. puts HNA deals on ice until it gets ownership info - source

NEW YORK (Reuters) - The U.S. government will not approve any investment by HNA Group until the Chinese conglomerate, which has been scrutinized around the world over its ownership structure, provides adequate information on who its shareholders are, a source familiar with the situation said.

businessNews reuters.com

SEC questions prospects of bitcoin ETFs

(Reuters) - The U.S. Securities and Exchange Commission (SEC) has questioned the prospects of bitcoin exchange-traded funds saying there are a significant number of investor protection issues about cryptocurrencies and related products that need to be examined.

businessNews reuters.com

Asia stocks set record highs, U.S. govt. funding woes weigh on dollar

TOKYO (Reuters) - Asia stocks edged up to record highs on Friday, although losses on Wall Street slowed the advance, while worries over a possible U.S. government shutdown weighed on the dollar.

companyNews reuters.com

BRIEF-Golden Entertainment prices secondary offering of 6.5 mln shares at $28 per share

* GOLDEN ENTERTAINMENT ANNOUNCES PRICING OF SECONDARY PUBLIC OFFERING OF COMMON STOCK

companyNews reuters.com

GLOBAL MARKETS-Asia stocks set record highs, US govt funding woes weigh on dollar

* Worries over possible US government shutdown weigh on dollar

Haitian-Americans nytimes.com

‘Trump’s Racism Is a Rallying Cry for Us’: Miami Haitians See Opportunity in an Insult

The president’s disparagement of Haiti reminded some of the longstanding stigma Haitians face. Others hope the insults will increase voter turnout.

businessNews reuters.com

Possible Buffett successor Jain reports $109 million Berkshire stake

(Reuters) - Ajit Jain, who was recently appointed a vice chairman of Warren Buffett's Berkshire Hathaway Inc , on Thursday reported ownership of roughly $109 million of the conglomerate's stock.

businessNews reuters.com

MetLife, U.S. regulators agree to set aside legal fight

WASHINGTON (Reuters) - The U.S. government and MetLife announced on Thursday they would jointly be seeking to dismiss an appeal over whether the insurance company should face stricter oversight as a key part of the financial system.

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PRECIOUS-Gold inches up, but heads for first weekly loss in six

Jan 19 (Reuters) - Gold prices edged up on Friday, supported by a weaker dollar and worries about a possible U.S. government shutdown, but the precious metal was still on track for its first weekly drop in six weeks. FUNDAMENTALS * Spot gold was up 0.1 percent at $1,328.98 an ounce by 0111 GMT. Gold on Thursday touched its weakest level since Jan. 12 at $1,323.70 on Thursday, having fallen from recent four-month highs. * Spot gold has fallen 0.8 percent so far thi

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IBM returns to growth after six years, but dour forecast hits shares

(Reuters) - International Business Machines Corp's revenue rose for the first time in 23 quarters, beating analysts' estimates, but the company warned that a higher tax rate this year would eat into its profit.

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Asia stocks near record highs, U.S. funding woes weigh on dollar

TOKYO (Reuters) - Asia stocks edged higher on Friday and were within reach of record highs, although losses on Wall Street slowed the advance, while worries over a possible U.S. government shutdown weighed on the dollar.

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GLOBAL MARKETS-Asia stocks near record highs, US funding woes weigh on dollar

* Dollar dips on worries over possible US government shutdown

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SoftBank is now Uber's largest shareholder as deal closes

SAN FRANCISCO (Reuters) - A group of investors led by SoftBank Group Corp closed a deal with Uber Technologies Inc [UBER.UL] on Thursday, making SoftBank the largest stakeholder in the ride-services firm and providing a much-needed boost to controversy-ridden Uber.

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At AstraZeneca, fewer drug projects bring big productivity jump

LONDON (Reuters) - A focus on fewer diseases, together with cuts in laboratories and staff, has delivered a more than fourfold increase in research productivity at drugmaker AstraZeneca , based on one key measure of success. The analysis published on Friday comes at a time of soul-searching among large pharmaceutical companies as they compete with smaller biotech firms, which are getting new drugs to market more efficiently. The turnaround evident this decade at AstraZeneca fo

cnn.com

Russian spy ship moving toward US

US military officials are tracking a sophisticated Russian spy ship that appears to be moving toward the US. CNN's Brian Todd reports.

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Tax overhaul leads AmEx to first loss in 26 years, buyback suspension

(Reuters) - Credit card issuer American Express Co posted its first quarterly loss in 26 years and said it would not buy back shares for the next six months, both due to the impact of the recently enacted U.S. tax reform.

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Outback Australians grounded as pilot crisis worsens

(Reuters) - A recruitment drive by Australia's Qantas Airways Ltd after a seven-year hiatus is exacerbating shortages of pilots at regional air services that provide a lifeline to remote communities in the country's sparsely populated Outback.

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IBM returns to growth, but shares drop after recent rally

(Reuters) - International Business Machines Corp's revenue rose for the first time in 23 quarters and beat analysts' estimates as the company's shift into its focus areas such as cloud computing and security services gains traction.

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CORRECTED-UPDATE 2-IBM returns to growth, but shares drop after recent rally

Jan 18 (Reuters) - International Business Machines Corp's revenue rose for the first time in 23 quarters and beat analysts' estimates as the company's shift into its focus areas such as cloud computing and security services gains traction.

businessNews reuters.com

Wall St. pauses rally as utilities, industrials fall

NEW YORK (Reuters) - Wall Street fell on Thursday as losses in industrials and interest-rate sensitive sectors offset marginal gains in tech stocks.

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HSBC to pay $100 million to settle U.S. probe into currency rigging

(Reuters) - HSBC Holdings Plc on Thursday agreed to pay $101.5 million to settle a U.S. criminal probe into the rigging of currency transactions, which has already led the conviction of one of its former bankers.

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U.S. senators question extent of Ford 'Do Not Drive' warning on airbags

WASHINGTON (Reuters) - Two senators asked the U.S. Transportation Department on Thursday to explain why a "do not drive" directive issued last week by Ford Motor Co is limited to about 2,900 older pickup trucks and if other vehicles are potentially at risk from defective airbag inflators.

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Apple says it will decide new campus site without an auction

(Reuters) - Apple Inc said on Thursday that it will not hold a bidding process when it chooses the site for a planned new U.S. campus, marking a stark difference from the public contest that Amazon.com Inc has held for its second headquarters.

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Tax overhaul leads AmEx to first loss in 26 years, suspend buybacks

(Reuters) - Credit card issuer American Express Co posted its first quarterly loss in 26 years and said it would not buy back shares for the next six months, both due to the impact of the recently enacted U.S. tax overhaul.

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Judge tosses GM settlement on ignition switch

NEW YORK (Reuters) - A federal bankruptcy judge on Thursday said a settlement agreement that would require General Motors Co to pay $1 billion in stock to car owners suing the company over faulty ignition switches was not enforceable.

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IBM's first revenue rises in nearly six years tops estimates

(Reuters) - International Business Machines Corp's revenue rose for the first time in 23 quarters and beat analysts' estimates as the company's shift into its focus areas such as cloud computing and security services gains traction.

businessNews reuters.com

Exclusive: Boeing willing to preserve Brazil's 'golden share' in Embraer deal

BRASILIA (Reuters) - Boeing Co is working to overcome the Brazilian military's objections to its proposed tie-up with Embraer SA with alternatives that would preserve the government's strategic veto rights and ensure safeguards for its defense programs, four people familiar with the matter told Reuters.

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Wall St. ends lower as industrial shares weigh

NEW YORK (Reuters) - Wall Street ended lower on Thursday as losses in industrial stocks and interest-rate sensitive sectors offset marginal gains in tech stocks.

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Wells Fargo says resolved payment duplication glitch

(Reuters) - Wells Fargo & Co said on Thursday it resolved an internal processing error that resulted in customers' online bill payments being processed twice.

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Rallying: Sainz takes another step towards Dakar victory

(Reuters) - Carlos Sainz moved a step closer to a second Dakar win on Thursday after finishing the 12th stage with a 44 minute lead over Peugeot team mate Stephane Peterhansel and two days remaining.

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Brazil issues $1.5 bln in reopening of 2047 dollar bond

BRASILIA, Jan 18 (Reuters) - Brazil has issued $1.5 billion worth of a 2047 dollar bond at a spread of 271 bps over U.S. Treasuries, in a reopening that is its first sovereign debt transaction of the year, the National Treasury said on Thursday.

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Uber-SoftBank deal has closed, making SoftBank largest shareholder

SAN FRANCISCO (Reuters) - A group of investors led by SoftBank Group Corp closed a deal with Uber Technologies Inc [UBER.UL] on Thursday, making SoftBank the largest stakeholder in the ride-services firm and providing a much-needed boost to controversy-ridden Uber.

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Wall St. treads water as rising interest rates balance tech growth

NEW YORK (Reuters) - Wall Street's main indexes seesawed in choppy trade on Thursday, as gains in tech stocks offset losses in interest-rate sensitive sectors.

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Exclusive: Boeing willing to keep Brazil's 'golden share' in Embraer deal

BRASILIA (Reuters) - Boeing Co is working to overcome the Brazilian military's objections to its proposed tie-up with Embraer SA with alternatives that would preserve the government's strategic veto rights and ensure safeguards for its defense programs, four people familiar with the matter told Reuters.

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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.

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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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Nigeria sues JP Morgan for $875 million over Malabu oilfield deal

LONDON (Reuters) - Nigeria has filed a claim against JP Morgan Chase for more than $875 million, accusing it of negligence in transferring funds from a disputed 2011 oilfield deal to a company controlled by the country's former oil minister.

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Xerox-Fujifilm deal should have been changed long ago: Icahn

(Reuters) - Hedge fund investor Carl Icahn called on Thursday for the termination or renegotiation of Xerox Corp's long-running joint venture with Fujifilm Holdings reiterating demands for a change of leadership at Xerox.

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Deutsche Bank CEO says overhaul will take time

BERLIN/FRANKFURT (Reuters) - Deutsche Bank's CEO on Thursday said an overhaul of the bank would take time but plans to turn around its performance were on the right track.

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Wall St. rally falters as healthcare, industrials drag

(Reuters) - Losses in healthcare and industrial stocks paused Wall Street's new year rally that had driven the blue-chip Dow index to its fastest ever 1,000 point rise.

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Nestle nominates three board directors to help advance strategy

LONDON (Reuters) - Nestle proposed three new independent directors to its board on Thursday, as the world's largest food company seeks to accelerate its transformation into a health-conscious company.

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Cold weather chills U.S. homebuilding; jobless claims at 45-year low

WASHINGTON (Reuters) - U.S. homebuilding fell more than expected in December, recording its biggest drop in just over a year, likely as unseasonably cold weather at the end of the month disrupted the construction of single-family housing units.

businessNews reuters.com

Nigeria sues JP Morgan for $875 mln over Malabu oilfield deal

LONDON (Reuters) - Nigeria has filed a claim against JP Morgan Chase for more than $875 million, accusing it of negligence in transferring funds from a disputed 2011 oilfield deal to a company controlled by the country's former oil minister.

businessNews reuters.com

Exclusive: Blackstone's Hill hands hedge fund reins to McCormick

BOSTON (Reuters) - After nearly two decades of growing Blackstone Group into the world's biggest hedge fund investor with some $74 billion in assets, J. Tomilson Hill is passing the baton.

companyNews reuters.com

GLOBAL MARKETS-Stocks dip after rally as energy weighs; bond yields climb

* Dollar remains soft (Updates with U.S. market open, changes byline, dateline; previous LONDON)

businessNews reuters.com

Wall Street slips from record as healthcare, energy drag

(Reuters) - Wall Street's main indexes edged lower on Thursday as declines in healthcare and energy stocks paused a rally that had driven the Dow Jones index to its fastest ever 1,000 point gain.

businessNews reuters.com

WhatsApp inches closer to revenue plan with accounts for businesses

SAN FRANCISCO (Reuters) - Messaging application WhatsApp said on Thursday that it would begin allowing business accounts for the first time, a step that brings the free service closer to a plan that would make money for its corporate parent, Facebook Inc .

businessNews reuters.com

Apple's U.S. tax payment does not change EU's Irish tax ruling

BRUSSELS (Reuters) - Apple's announcement that it will pay $38 billion in U.S. tax on its overseas cash will not reduce the $16 billion tax bill the company owes Ireland following a European Union ruling, the EU's executive said on Thursday.

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Morgan Stanley tops estimates on underwriting, wealth management

(Reuters) - Morgan Stanley's adjusted quarterly profit topped Wall Street estimates on Thursday as strength in underwriting and wealth management offset a sharp but expected decline in bond trading revenue.

businessNews reuters.com

Wall Street slips as healthcare, energy stocks drag

(Reuters) - Wall Street's main indexes edged lower on Thursday as declines in healthcare and energy stocks paused a rally that had driven the Dow to its fastest ever 1,000 point gain.

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UPDATE 1-Brazil offers $1 bln in reopening of 2047 dollar bond -source

BRASILIA, Jan 18 (Reuters) - Brazil on Thursday offered an initial $1 billion worth of 2047 dollar bonds in the first sovereign debt transaction of the year, a source with direct knowledge of the matter told Reuters.

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Wall Street opens flat as energy stocks weigh

(Reuters) - Wall Street's main indexes opened little changed on Thursday as energy stocks took a hit from lower oil prices.

businessNews reuters.com

EU antitrust regulators clear Qualcomm purchase of NXP

BRUSSELS (Reuters) - EU antitrust regulators have approved U.S. smartphone chipmaker Qualcomm's planned $38 billion acquisition of NXP Semiconductors subject to a series of commitments Qualcomm has made.

businessNews reuters.com

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.

businessNews reuters.com

U.S. housing starts fall; jobless claims hit 45-year low

WASHINGTON (Reuters) - U.S. homebuilding fell more than expected in December, recording its biggest drop in just over a year, amid a steep decline in the construction of single-family housing units following two months of hefty gains.

businessNews reuters.com

U.S. housing starts down sharply on drop in single-family units

WASHINGTON, Jan 18 (Reuters) - U.S. homebuilding fell more than expected in December, recording its biggest drop in just over a year, amid a steep decline in the construction of single-family housing units following two months of hefty gains.

businessNews reuters.com

U.S. jobless claims fall to 45-year low

WASHINGTON, Jan 18 (Reuters) - The number of Americans filing for unemployment benefits fell more than expected last week to the lowest level in 45 years, but the decline likely overstated the health of the labor market as data for several states were estimated.

businessNews reuters.com

Morgan Stanley's wealth management business helps bank top estimates

(Reuters) - Morgan Stanley's quarterly profit dropped almost 60 percent on a provision related to the new U.S. tax law, but adjusted profit beat analyst expectations as strength in wealth management offset a drop in trading revenue.

sportsNews reuters.com

Canada heads back to gold medal drawing board

TORONTO (Reuters) - When the International Olympic Committee opened the doors of the Winter Games to National Hockey League players in 1998 picking a Team Canada was so simple everyone could do it. And they did.

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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.

sportsNews reuters.com

Short track still Korea's most likely path to gold

(Reuters) - While there has been much handwringing over sluggish ticket sales for the Pyeongchang Winter Olympics, empty seats will not be an issue inside the Gangneung Ice Arena when short track speed skating is in session.

businessNews reuters.com

Stock futures edge higher after Morgan Stanley results

(Reuters) - Bullish global economic signals and gains for Morgan Stanley drove a rise in U.S. stock futures on Thursday, a day after the Dow extended a new year rally to close above 26,000 for the first time.

businessNews reuters.com

Morgan Stanley quarterly profit tanks; adjusted profit beats view

(Reuters) - Morgan Stanley's quarterly profit dropped almost 60 percent on a provision related to the new U.S. tax law, but adjusted profit beat analyst expectations as strength in wealth management helped offset a drop in trading revenue.

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.

companyNews reuters.com

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:

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Lexus, Infiniti luxury car brands test ways to fight Tesla, German rivals

DETROIT (Reuters) - Japanese luxury auto brands Lexus and Infiniti are using the Detroit auto show to test new ways to regain momentum against Germany's prestige automakers and Silicon Valley's Tesla Inc .

technologyNews reuters.com

Goldman Sachs, Wells Fargo and others invest $38 million in research tech startup

NEW YORK (Reuters) - Goldman Sachs Group Inc has led a $38 million investment round by large banks in Visible Alpha, a young New York-based company that helps investment managers better value the equity research services they receive from brokers.

companyNews reuters.com

FOREX-Dollar recovers but diversification plays weigh

LONDON, Jan 18 (Reuters) - The dollar edged higher on Thursday after plumbing a three-year low hit earlier in the session as higher U.S. Treasury yields prompted some investors to pare bearish bets against the greenback.

businessNews reuters.com

BMW aims to outsell Mercedes by 2020: CEO tells Manager Magazin

FRANKFURT (Reuters) - BMW aims to overtake rival Mercedes-Benz in terms of annual deliveries within two years, Chief Executive Harald Krueger told German monthly Manager Magazin.

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Strong China data cranks up pressure on bond markets

LONDON (Reuters) - Strong Chinese data on Thursday kept world stocks hovering near record highs, as bond markets pushed U.S. Treasury yields - the benchmark for global borrowing costs - to a 10-month high.

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UPDATE 1-European shares post modest rise after U.S. and Asia rally

LONDON, Jan 18 (Reuters) - European shares notched up modest gains on Thursday, failing to match a rally that lifted Wall Street and Asia to new records.

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FOREX-Dollar bounces from 3-year lows as U.S. yields rise

LONDON, Jan 18 (Reuters) - The dollar rose from a three-year low hit earlier in the day as a rise in U.S. Treasury yields prompted some investors to buy the greenback but the market remained cautious on the outlook for the currency amidst a lack of price pressures.

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European shares post modest rise after U.S., Asia rally

LONDON, Jan 18 (Reuters) - European shares notched up modest gains on Thursday, falling short of a rally that lifted Wall Street and Asia to new records.

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Asia stocks touch record highs after Wall St. surge, dollar edges back

TOKYO (Reuters) - Asian stocks struck record highs on Thursday, with a rally by Wall Street supporting bullish investor sentiment, while the dollar pulled back from three-year lows as comments by European Central Bank officials tempered the euro's recent rally.

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

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

businessNews reuters.com

Old hands in South Korea Bitcoin market unfazed by threats of ban

SEOUL/HONG KONG (Reuters) - Threats of a potential cryptocurrency trading ban in South Korea have scared many investors away, but some veterans of the young market are defiant, saying restrictions would be relatively easy to circumvent.

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Peugeot CEO outlines ambitious plan to re-enter U.S., go electric

DETROIT (Reuters) - Peugeot SA Chief Executive Carlos Tavares said on Wednesday the French automaker is using the know-how of former Opel engineers acquired from General Motors Co to develop vehicles to re-enter the U.S. market, and said Peugeot will offer electrification as an option on all its vehicles by 2025.

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Asia stocks reach record highs after Wall St. surge, dollar edges back

TOKYO (Reuters) - Asian stocks struck record highs on Thursday, with a rally by Wall Street supporting bullish investor sentiment, while the dollar pulled back from three-year lows as comments by European Central Bank officials tempered the euro's recent rally.

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

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

businessNews reuters.com

Intel: Problem in patches for Spectre, Meltdown extends to newer chips

(Reuters) - Data center computers with Intel Corp's newer chips might reboot more often than normal because of problems with the patches issued to fix the so-called Spectre and Meltdown security flaws, the company said on Wednesday.

Wines nytimes.com

Assistant to Goldman Sachs Executive Stole and Sold His Rare Wines, U.S. Says

Prize bottles of wine valued at more than $1.2 million were surreptitiously sold, prosecutors said.

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Peugeot CEO: All PSA vehicles will electrified by 2025

DETROIT (Reuters) - Peugeot SA Chief Executive Carlos Tavares said on Wednesday that by 2025 "the PSA Group will be 100 percent electrified," and will offer "no less than 40 electrified vehicles."

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Trump says solar tariff decision coming soon, stakes huge for industry

LOS ANGELES/WASHINGTON (Reuters) - U.S. President Donald Trump said on Wednesday he would announce a decision soon on whether to slap tariffs on imported solar panels, and quipped that when countries dump subsidized panels in the United States, “Everybody goes out of business.”

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Asia stocks near record highs after Wall St. surge, dollar edges back

TOKYO (Reuters) - Asian stocks were near record highs on Thursday, with a rally by Wall Street supporting bullish investor sentiment, while the dollar pulled back from three-year lows as the euro's recent rally lost steam.

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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

businessNews reuters.com

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.

businessNews reuters.com

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.

businessNews reuters.com

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.

#MeToo Movement nytimes.com

Want to Buy the Golden Globes Dresses? Try eBay

All of the proceeds from an auction of clothing worn by celebrities, which begins on Friday, will go to the Time’s Up Legal Defense Fund.

companyNews reuters.com

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.

sportsNews reuters.com

Rallying: Sainz stretches Dakar lead after penalty rescinded

(Reuters) - Spaniard Carlos Sainz stretched his Dakar Rally lead to more than an hour on Wednesday after organizers rescinded a 10-minute penalty imposed earlier in the week for an incident with a quadbike.

businessNews reuters.com

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.

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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.