U.S. tax cut outlook drives stocks but dents dollar
LONDON (Reuters) – Global stock markets hit record highs on Monday on expectations that a U.S. tax bill could soon pass, though a more cautious reading of the draft law’s prospects among currency traders put the dollar under pressure.
Workers at Israel’s Teva Pharm block roads, continue protest over job cuts
JERUSALEM (Reuters) – Workers at Israel’s Teva Pharmaceutical Industries protested pending job cuts for a second straight day on Monday, blocking roads and shutting down a number of the drugmaker’s plants nationwide.
Fiat Chrysler recalls 10,355 Jeep Grand Cherokee SUVs in Russia
MOSCOW (Reuters) – Italian-American carmaker Fiat Chrysler Automobiles NV will recall 10,355 Jeep Grand Cherokee sports utility vehicles sold in Russia to verify if their brake-booster shields were installed properly, Russia’s standards agency said on…
Lockheed hits 2017 F-35 delivery target despite production hiccups
(Reuters) – Lockheed Martin Corp said that it hit its 2017 target to deliver 66 F-35 fighter jets to the U.S. and its allies last week, despite production problems as the defense contractor built 40 percent more jets this year.
Buwog agrees to be taken over by Vonovia in $6.1 billion deal
FRANKFURT (Reuters) – Germany’s Vonovia has agreed to buy Buwog in a cash deal valuing the Austrian real estate company at 5.2 billion euros ($6.12 billion), the two companies said on Monday.
Thai Beverage unit wins auction to buy 54 percent stake in Sabeco
HO CHI MINH CITY (Reuters) – A unit of Thai Beverage won the auction to buy a $5 billion or 54 percent stake in top brewer Sabeco in the country’s biggest ever privatization process, an official from the Ho Chi Minh City Stock Exchange said on Monday…
France files complaint against Amazon for abuse of dominant position: paper
PARIS (Reuters) – The French government has filed a complaint with the Paris Commerce Court against e-commerce company Amazon for abusing its dominant position with some suppliers, newspaper Le Parsien said on Monday.
Toyota to make over 10 battery EV models in early 2020s
TOKYO (Reuters) – Toyota Motor Corp on Monday said it will market more than 10 all-electric vehicle (EV) models globally in the early 2020s, and that investment to develop their batteries is likely to exceed $13 billion (1.5 trillion yen) through 2030…
Hershey nears $1.6 billion deal to buy Amplify Snacks: CNBC
(Reuters) – Hershey Co , the maker of Reese’s Peanut Butter Cups and Hershey’s Kisses, is nearing a deal to buy SkinnyPop parent Amplify Snack Brands for $1.6 billion, CNBC reported on Monday.
Asian shares rise on U.S. tax cut hopes; China in focus
SYDNEY (Reuters) – Asian shares edged up on Monday, with sentiment boosted by expectations U.S. lawmakers will pass a long-awaited tax bill this week, while Chinese stocks were soggy on concerns about liquidity and tighter regulations in the world’s se…
