Brazil plan to sell Celg-D stake lures one bidder: source
SAO PAULO (Reuters) – The Brazilian government’s effort to sell a stake in state-controlled Centrais Elétricas de Goiás SA attracted just a single unnamed bidder, a source with direct knowledge of the process told Reuters on Friday.
Wall Street finishes at record highs consumer staples, techs gain
(Reuters) – Wall Street’s three main indexes closed at record highs on Friday, helped by gains in consumer staples and technology stocks as investors hunted for bargains in a post-election rally.
Wells Fargo employees sue over funds in retirement plans
(Reuters) – Wells Fargo & Co faces a new U.S. lawsuit claiming that it funneled more than $3 billion of employee retirement savings into expensive, underperforming proprietary mutual funds to enrich itself.
Argentina third-quarter unemployment falls to 8.5 percent despite recession
BUENOS AIRES (Reuters) – Argentina had 8.5 percent unemployment in the third quarter of the year, the government’s Indec statistics agency said in a report on Friday, down from 9.3 percent in the second quarter.
Kirkland Lake Gold shareholders approve Newmarket takeover
TORONTO (Reuters) – Mid-tier Canadian miner Kirkland Lake Gold said on Friday its shareholders voted heavily in favor of its takeover of Newmarket Gold, confirming a Reuters story on Thursday.
Saudi wants OPEC to solve own problems before meeting non-OPEC
DUBAI/LONDON (Reuters) – Top OPEC oil exporter Saudi Arabia has told the producer group it will not attend talks on Monday with non-OPEC producers to discuss limiting supply, OPEC sources said, as it wants to focus on having consensus within the organi…
Lufthansa makes new offer to end costly pilots’ strike
BERLIN (Reuters) – German airline Lufthansa said it had made a new offer to try to break the deadlock in a long-running pay dispute with its pilots who have been on strike since Wednesday.
Daimler to invest $11 billion in electronic vehicles: paper
FRANKFURT (Reuters) – Luxury carmaker Daimler is planning to invest up to 10 billion euros ($11 billion) in developing electric vehicles, its research and development head told a German daily.
Oil falls 2 percent on OPEC cut uncertainty ahead of meeting
BOSTON (Reuters) – Oil prices fell more than 2 percent on Friday, dragged down by uncertainty over whether the Organization of the Petroleum Exporting Countries will reach an output deal, after Saudi Arabia said it will not attend talks on Monday with …
Three bidders left in the race for UniCredit’s Pioneer: sources
MILAN (Reuters) – France’s Amundi has submitted the highest offer to buy Italian UniCredit’s asset manager, Pioneer, while a consortium led by Poste Italiane and Ameriprise Financial are scrambling to stay in the race, three sources close to the matter…
