Lawyers seek to launch fresh Brexit challenge in Irish courts
DUBLIN (Reuters) – A group of British and Irish lawyers are seeking to challenge Britain’s decision to leave the European Union in the Irish High Court to try to establish if Brexit can be reversed once divorce talks have been triggered.
OPEC, Russia see smooth road to global deal on output cut
VIENNA (Reuters) – Russia and Saudi Arabia said they expect OPEC and non-OPEC producers to reach an agreement on Saturday to curtail oil output and prop up prices in the first such joint move since 2001.
Exxon CEO is now Trump’s secretary of state favorite – transition official
GRAND RAPIDS, Mich. (Reuters) – Exxon Mobil Corp Chief Executive Officer Rex Tillerson emerged on Friday as President-elect Donald Trump’s leading candidate for U.S. secretary of state, a senior transition official said.
Trump names Dow Chemical CEO Liveris to head Manufacturing Council
(Reuters) – President-elect Donald Trump said on Friday he would name Andrew Liveris, chairman and chief executive of Dow Chemical Co, to head the Manufacturing Council, a private sector group that advises the U.S. secretary of commerce.
Ex-Cantor Fitzgerald mortgage bond trader indicted in U.S. for fraud
(Reuters) – A former Cantor Fitzgerald trader has been indicted on charges that he defrauded investors by lying about the price of mortgage bond transactions he handled for them after the financial crisis, U.S. prosecutors said on Friday.
All eyes focused on clues for future Fed hikes
PARIS (Reuters) – Just how fast the Federal Reserve hikes rates next year will be the all-important question global investors will be hoping to get answered when the U.S. central bank meets next week.
Murdoch’s Twenty-First Century Fox bids $14 billion for UK’s Sky
NEW YORK/LONDON (Reuters) – Rupert Murdoch’s Twenty-First Century Fox Inc has struck a preliminary deal to buy the 61 percent of British pay-TV firm Sky Plc it does not already own for around $14 billion, five years after a political scandal wrecked …
Aetna CEO defends merger with Humana in antitrust trial
WASHINGTON (Reuters) – Aetna Inc’s chief executive denied on Friday that its withdrawal from some Obamacare exchanges was in retaliation for government efforts to halt its merger with Humana Inc , as he sought to convince a federal judge to approve th…
Oil edges up about 1 percent on optimism over non-OPEC output cuts
NEW YORK (Reuters) – Oil prices rose about 1 percent on Friday on hopes that non-OPEC producers meeting in Vienna over the weekend would agree to output restrictions following limits OPEC announced last week to curb an oil glut.
Exclusive: Reinsurer Beechwood explores sale after Platinum woes – source
NEW YORK (Reuters) – The Beechwood group of reinsurance companies is in talks to sell most or all of itself after a backlash from some clients due to its relationship with troubled hedge fund manager Platinum Partners, according to a person familiar wi…
