Reuters: Business News

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12/11/2017 10:08 PM
Exclusive - Comcast drops bid for Fox assets, leaving Disney in pole position
(Reuters) - Comcast Corp said on Monday it had abandoned its bid for most of the assets of Twenty-First Century Fox Inc , leaving Walt Disney Co as the sole suitor in pursuit of the $40 billion-plus (£30 billion-plus) deal.

12/11/2017 09:55 PM
Bitcoin futures suggest breakneck rise in price to slow
By Saqib Iqbal Ahmed, Jemima Kelly and Gertrude Chavez-Dreyfuss

12/11/2017 09:34 PM
Zurich Insurance to buy ANZ's life insurance businesses for 2.85 billion Australian dollars
(Reuters) - Zurich Insurance has agreed to buy ANZ's OnePath Life insurance businesses for 2.85 billion Australian dollars (£1.60 billion), the latest and largest foray by the Swiss company into the Australian market.

12/11/2017 09:13 PM
Wall Street closes higher ahead of Fed meeting; stocks rise worldwide
NEW YORK (Reuters) - U.S. stocks closed higher on Monday as investors prepared for an expected Federal Reserve rate hike later in the week, while stocks rose around the world on continued solid global economic growth indicators.

12/11/2017 08:36 PM
'More to come' after bitcoin futures launch - Cboe CEO
NEW YORK (Reuters) - The generally smooth launch of bitcoin futures on Cboe Global Markets could pave the way for other cryptocurrency-related products like options and ETFs, the head of the exchange operator said in an interview on Monday.

12/11/2017 05:55 PM
Ryanair pilots in Dublin vote in favour of industrial action
DUBLIN (Reuters) - Pilots employed directly by Ryanair in Dublin, its second largest base, have voted overwhelmingly in favour of taking industrial action in a growing dispute over the airline's collective bargaining system, the IMPACT trade union said on Monday.

12/11/2017 05:30 PM
Uber's London licence appeal to be heard next year
LONDON (Reuters) - Uber will defend its right to operate in London in court next year after the app was deemed unfit to run a taxi service and stripped of its licence in its most important European market.

12/11/2017 04:21 PM
FCA cracks down on steelworker pensions advisers
LONDON (Reuters) - Three financial advice firms have stopped giving advice to steelworkers on transferring pension savings from a 15 billion pounds pot into other schemes, the Financial Conduct Authority said on Monday.

12/11/2017 03:22 PM
Labour could move Bank of England operations away from London
(Reuters) - Britain's opposition Labour Party is considering moving parts of the Bank of England to Birmingham if it wins power at the next national election, saying the change is needed to reduce the economy's reliance on London's banking industry.

12/11/2017 12:59 PM
Bankers call on Bank of England to act fast on EU branches
LONDON (Reuters) - The Bank of England should fast-track licensing of European banks that want to continue doing business in London after Brexit to avoid cutting off customers and disrupting markets, bankers and financial lobbyists said.