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Wall St. rises as bank, healthcare stocks gain

Reuters Business News - Fri, 12/15/2017 - 11:54
(Reuters) - Wall Street indexes rose in morning trading on Friday, driven by gains in shares of banking and healthcare companies and on hopes that a final Republican tax bill will be unveiled in Congress later in the day.
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Exclusive: EU regulators set to clear Safran, Zodiac deal - source

Reuters Business News - Fri, 12/15/2017 - 11:50
BRUSSELS (Reuters) - EU antitrust regulators are expected to approve without conditions French aero engine maker Safran's bid for aircraft seats, toilets and galleys maker Zodiac Aerospace , a person familiar with the matter said on Friday.
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Unilever to sell margarine and spreads unit to KKR for $8 billion

Reuters Business News - Fri, 12/15/2017 - 11:37
LONDON (Reuters) - Unilever has agreed to sell its margarine and spreads business to KKR for 6.8 billion euros ($8 billion), it said on Friday, confirming an earlier report by Reuters saying the U.S. private equity fund had made it into exclusive talks to buy the shrinking business.
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EU court rejects U.S. intervention in Apple's Irish $15 billion tax case

Reuters Business News - Fri, 12/15/2017 - 11:32
BRUSSELS (Reuters) - Europe's second-highest court has rejected a request from the U.S. government to intervene in Apple's challenge against an EU order to pay back taxes of up to 13 billion euros ($15.3 billion) because it failed to prove a direct interest in the outcome of the case.
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Airbus board triggers shake-up to end succession row

Reuters Business News - Fri, 12/15/2017 - 11:22
PARIS (Reuters) - Airbus confirmed the departure of planemaking chief Fabrice Bregier as part of a series of board moves on Friday to clear the air over succession plans following weeks of speculation surrounding Europe's largest aerospace firm.
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Some Canada firms could move to U.S. amid NAFTA worries: survey

Reuters Business News - Fri, 12/15/2017 - 10:49
OTTAWA (Reuters) - More than a quarter of Canadian firms could move part of their operations to the United States amid uncertainty over the future of the NAFTA trade pact, the nation's export credit agency said on Friday.
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Steinhoff's ex-chairman Wiese calls off $2.6 billion Shoprite deal

Reuters Business News - Fri, 12/15/2017 - 10:22
JOHANNESBURG (Reuters) - South African tycoon Christo Wiese on Friday called off plans to sell his stake in grocer Shoprite to Steinhoff's African arm , a day after he resigned from Steinhoff's board in the midst of an accounting scandal.
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Wall Street up as gains in consumer staples power recovery

Reuters Business News - Fri, 12/15/2017 - 10:20
(Reuters) - Wall Street indexes rose on Friday with gains in consumer stocks such as Costco Wholesale helping a broad recovery.
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Exclusive: KKR wins auction for Unilever's spreads business - sources

Reuters Business News - Fri, 12/15/2017 - 09:52
(Reuters) - Private equity firm KKR is in exclusive talks to buy Unilever's margarine and spreads business after outbidding other buyout firms, people familiar with the matter said on Friday, in a deal expected to top $7 billion.
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Wall Street opens higher on tax bill optimism

Reuters Business News - Fri, 12/15/2017 - 09:41
(Reuters) - Wall Street opened higher on Friday as investors were optimistic about the passage of the Republican's much-awaited tax overhaul bill by the year-end.
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Chairman of Brazilian conglomerate Odebrecht to step down: paper

Reuters Business News - Fri, 12/15/2017 - 09:30
SAO PAULO (Reuters) - Emílio Odebrecht will resign as chairman of the board of the scandal-plagued Brazilian engineering conglomerate Odebrecht SA in the first half of next year, newspaper O Estado de S. Paulo reported on Friday, citing an unnamed source.
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Icahn steps up fight against SandRidge's plan to buy Bonanza Creek

Reuters Business News - Fri, 12/15/2017 - 09:22
(Reuters) - Activist investor Carl Icahn on Friday urged SandRidge Energy Inc's stockholders to vote against the oil and gas company's plan to issue shares for its proposed acquisition of Bonanza Creek Energy .
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Wall Street set for higher open as tax bill concerns wane

Reuters Business News - Fri, 12/15/2017 - 09:01
(Reuters) - Wall Street was set to open higher on Friday, recovering from a bout of uncertainty surrounding the passage of the Republicans' much-awaited tax overhaul bill.
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South African regulator probes conduct of Steinhoff auditors

Reuters Business News - Fri, 12/15/2017 - 08:33
JOHANNESBURG (Reuters) - South Africa's Independent Regulatory Board for Auditors (IRBA) is investigating Steinhoff's auditor following the retail group's disclosure of accounting irregularities, it said on Friday.
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Let board do its job finding successor, Airbus CEO urges staff

Reuters Business News - Fri, 12/15/2017 - 07:39
PARIS (Reuters) - Airbus Chief Executive Tom Enders, who is stepping down in 2019, urged employees on Friday to allow the board to pick his successor without being distracted by speculation about who would replace him.
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Stock futures recover from tax bill concerns

Reuters Business News - Fri, 12/15/2017 - 07:33
(Reuters) - U.S. stock markets were set to open higher on Friday, recovering from a bout of uncertainty surrounding the passage of the Republicans' much-awaited tax overhaul bill.
Categories: Reuters
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