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Tuesday, December 19, 2017

World stocks bulls carry on, dollar keeps calm

LONDON (Reuters) - World stocks steadied on Tuesday after their biggest jump in almost six-months on U.S. tax cut hopes had added to what is already one of the strongest and longest global bull runs on record.

Hershey, Campbell bet nearly $6 billion on healthy snacks makers

(Reuters) - Campbell Soup Co and Hershey Co on Monday unveiled deals totaling nearly $6 billion to buy healthy packaged snacks makers, the latest example of big U.S. food companies trying to cater to an increasing American preference for healthy foods.

Boeing-Bombardier spat puts U.S.-Canadian trade deals in spotlight

WASHINGTON (Reuters) - Boeing Co and Bombardier Inc traded barbs on Monday over the U.S. planemaker's claim that its Canadian rival benefited from billions of dollars in illegal government subsidies and dumped its newest jetliner in the United States at below cost.

Facebook makes German marketing push as hate speech law bites

BERLIN (Reuters) - Facebook is making a big marketing drive in Germany just as the country starts to implement tough regulations designed to clamp down on online hate speech.

Greenyard targets U.S. market with talks to acquire Dole Food

(Reuters) - Belgian fresh and frozen foods company Greenyard NV said on Tuesday it was in advanced negotiations to acquire Dole Food Company [DFCI.UL], the world's largest fruit and vegetable producer, confirming a Reuters report.

Central banks, trade and bubbles threaten the 2018 status quo

LONDON(Reuters) - After a year of relatively healthy global economic growth, economists are predicting pretty much the same for 2018 -- a neither too-hot nor too-cold Goldilocks scenario, but with little sight of the three bears.

ESPN President Skipper resigns to deal with substance addiction

(Reuters) - Walt Disney Co's John Skipper resigned on Monday as president of ESPN, the company's most important network, due to a problem with addiction.

London regulator says 'one or two issues' about accuracy of Uber’s license details

LONDON (Reuters) - Transport for London (TfL) had "one or two" issues regarding the accuracy of details provided by Uber, a lawyer for London's transport regulator said on Tuesday during a hearing over the taxi app's appeal against the loss of its London license.

Cuba boosts trade ties with Cold War ally Russia as U.S. disengages

HAVANA (Reuters) - Boxy Russian-built Lada automobiles still rattle around Cuba, growing more decrepit by the year, a reminder of vanished Soviet patronage for the Communist-led island.

Amtrak safety record under scrutiny even before deadly derailment

(Reuters) - The fatal derailment of an Amtrak train south of Seattle on Monday is likely to intensify scrutiny of the national passenger railroad company's safety record, which was already under the microscope following a series of fatal incidents.