U.S. pipeline regulator to remain on site of spill until restart
NEW YORK (Reuters) – U.S. pipeline regulatory officials will remain at the site of TransCanada Corp’s Keystone crude oil pipeline spill in South Dakota until the line has been restarted, the agency said on Wednesday.
UK’s 15 billion pound RBS sale to boost government coffers
LONDON (Reuters) – Britain will reprivatise bailed-out lender Royal Bank of Scotland by selling 15 billion pounds ($20 billion) of shares, according to budget documents released on Wednesday, in a boost to finance minister Philip Hammond’s coffers.
Lower Saxony’s new government says will keep VW stake
BERLIN (Reuters) – Lower Saxony, Volkswagen’s second-largest shareholder, said it will hold on to its stake in the carmaker despite one of the German state’s two main parties calling for changes in the way the company is managed.
Higher oil prices help Wall Street nullify tech retreat
(Reuters) – Wall Street’s main indexes were flat in morning trading on Wednesday, but holding at record levels, as a retreat in technology stocks was offset by a jump in U.S. crude prices.
P&G reviewing board seat recount; Trian calls it waste of time
(Reuters) – Procter & Gamble Co said on Wednesday it was reviewing a recount of a shareholder vote that showed activist investor Nelson Peltz had narrowly won a seat on the company’s board.
HPE CEO Whitman’s surprise exit stumps Wall Street
(Reuters) – Shares of Hewlett Packard Enterprise Co fell 6 percent on Wednesday after Chief Executive Officer Meg Whitman’s decision to step down from the role took Wall Street by surprise.
Britain to sell 15 billion pounds of RBS shares over five years
LONDON (Reuters) – Britain’s government will begin the reprivatisation of bailed-out lender Royal Bank of Scotland by selling 3 billion pounds ($3.98 billion) worth of shares before the end of the 2018-19 fiscal year, according to an official report r…
Apple says illegal student labor discovered at iPhone X plant
BEIJING (Reuters) – Smartphone maker Apple Inc and its biggest manufacturing partner on Wednesday said that a small number of students were discovered working overtime in its Chinese factory, violating local labor laws.
Rockwell Automation rebuffs Emerson’s latest bid
(Reuters) – Rockwell Automation Inc on Wednesday rejected rival Emerson Electric Co’s sweetened takeover offer, saying the $29 billion bid undervalued the industrial automation company and that a merger would dampen its growth prospects.
World stocks ride tech boom to scale new highs in pre-Thanksgiving rally
LONDON (Reuters) – World shares scaled yet another record high on Wednesday, propelled by a bullish growth and company earnings outlook, as well as investors’ unflagging enthusiasm for technology stocks.
