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Reuters Company News
Dec 12, 2018

EMERGING MARKETS-Latam currencies buoyed by trade hopes; Brazil stocks jump 1 pct
Latin American currencies rose against a soft dollar on Wednesday as investors piled into risky emerging market assets after U.S. President Donald Trump sounded upbeat about a trade deal with China, with the Mexican peso hitting a one-week high. Trump said in an interview with Reuters that talks were taking place with Beijing officials by phone and he would not raise tariffs on Chinese imports until he was sure about a deal. He also said he wou

Reuters Company News
Dec 12, 2018

US STOCKS-Wall St set for strong open on Trump's upbeat trade comments
* Futures jump: Dow 0.91 pct, S&P 0.88 pct, Nasdaq 1.02 pct (Changes comment, adds details, updates prices)

Reuters Company News
Dec 12, 2018

GRAPHIC-The life and times of ECB quantitative easing, 2015-18
An era of extraordinarily easy monetary policy in the euro zone is drawing to a close as the European Central Bank is set to announce formally on Thursday that its massive bond-buying scheme will be terminated at the end of this year.

Reuters Company News
Dec 12, 2018

Brazil reaches deal with Petrobras over transfer of rights area
The Brazilian government has reached an agreement with state-controlled oil company PetrĂ³leo Brasileiro SA over the so-called transfer of rights area, Finance Minister Eduardo Guardia said on Wednesday.

Reuters Company News
Dec 12, 2018

UPDATE 1-Brazil judge halts suits seeking Avianca Brasil jets repossession
A Brazilian bankruptcy judge late on Tuesday granted a request by the country's fourth-largest airline, Avianca Brasil, to suspend lawsuits seeking repossession of at least 14 of its aircraft, according to a court document. Avianca Brasil filed for bankruptcy protection on Monday, after aircraft lessors sued and won initial victories in seeking to repossess the planes. The airline also has some 500 million reais ($129.05 million) in debt, according to a source famil

Reuters Company News
Dec 12, 2018

Brazil judge halts suits seeking Avianca Brasil jets repossession
A Brazilian bankruptcy judge late on Tuesday granted a request by the country's fourth-largest airline, Avianca Brasil, to suspend lawsuits seeking repossession of at least 14 of its aircraft, according to a court document. Avianca Brasil filed for bankruptcy protection on Monday, after aircraft lessors sued and won initial victories in seeking to repossess the planes. (Reporting by Marcelo Rochabrun and Ana Mano; Editing by Christian Plumb)

Reuters Company News
Dec 12, 2018

UPDATE 6-Oil rises to $61 on Libyan supply cut, U.S. inventories
* Market still plagued by oversupply - analyst (Updates prices, adds comments)

Reuters Company News
Dec 12, 2018

Iran airlines need 500 planes, official mulls Sukhoi -reports
Iran needs some 500 planes and would likely back buying the Sukhoi Superjet 100 if Russia is willing to sell them to its airlines, Iranian news agencies reported the country's top civil aviation official as saying on Wednesday.

Reuters Company News
Dec 12, 2018

CANADA STOCKS-Futures point to a higher start for TSX on rising oil
Stock futures pointed to a higher opening for Canada's main stock index on Wednesday as oil prices rose supported by a drop in U.S. crude inventories and a cut in Libyan supplies.

Reuters Company News
Dec 12, 2018

US STOCKS-Futures point to strong start after Trump's upbeat trade comments
U.S. stock futures rose about 0.7 percent on Wednesday, joining a global equities rally, as President Donald Trump's encouraging comments fueled optimism over trade negotiations between the United States and China.

Reuters Company News
Dec 12, 2018

Brazil antitrust body recommends convictions over alleged train tender cartel
Brazil's antitrust authority Cade has recommended that a court convict 16 companies and 52 individuals over allegations that they were involved in forming a cartel to fix bids for public train contracts across central and southern Brazil.

Reuters Company News
Dec 12, 2018

J&J says its psoriasis drug superior to Novartis' in study
Johnson & Johnson said on Wednesday its drug Tremfya was more effective than a rival medicine from Novartis AG, and met the main goal of a late-stage study in adults with moderate to severe plaque psoriasis.

Reuters Company News
Dec 12, 2018

RPT-Mexico president's Pemex plans rattle faith of debt-holders
Mexican President Andres Manuel Lopez Obrador's declaration of war on "neo-liberal" economics has shaken investors holding Petroleos Mexicanos bonds, fueling concern about the future of the highly-indebted state oil company he has pledged to revive.

Reuters Company News
Dec 12, 2018

FDA declines to approve reformulated Mallinckrodt opioid
Mallinckrodt Plc said on Wednesday the U.S. Food and Drug Administration declined to approve an abuse-deterrent version of its opioid painkiller Roxicodone.

Reuters Company News
Dec 12, 2018

UPDATE 1-Lilly partners with AC Immune for Alzheimer's treatment
U.S. drugmaker Eli Lilly & Co and AC Immune SA have agreed to jointly develop the Swiss biotech's potential treatment for Alzheimer's disease.

Reuters Company News
Dec 12, 2018

UPDATE 2-UK watchdog orders shake up of advisers to pension trustees
* Changes legally binding late 2019, following consultation (Adds more detail, reaction from Willis Towers Watson and Mercer, bullet points)

Reuters Company News
Dec 12, 2018

UPDATE 2-ABB confirms talks with Hitachi over power grid business
ABB is in talks with Japan's Hitachi about the Swiss engineering group's power grid business, which it may sell to focus on more profitable divisions.

Reuters Company News
Dec 12, 2018

Lilly partners with AC Immune for Alzheimer's treatment
Eli Lilly & Co and AC Immune SA have agreed to jointly develop a potential treatment for Alzheimer's disease.

Reuters Company News
Dec 12, 2018

Deals of the day-Mergers and acquisitions
The following bids, mergers, acquisitions and disposals were reported by 1100 GMT on Wednesday:

Reuters Company News
Dec 12, 2018

Physician assistant faces U.S. trial over Insys opioid kickbacks
A former physician assistant is set to face trial in New Hampshire on Wednesday over charges he accepted kickbacks from Insys Therapeutics Inc to prescribe a highly addictive fentanyl spray the drugmaker produced.

Reuters Company News
Dec 12, 2018

Washington takes center stage in bank branch battles
JPMorgan Chase & Co has made a splash this year in Washington, D.C. opening branches for the first time in the nation's capital.

Reuters Company News
Dec 12, 2018

France's Orange partners with Amazon over voice assistant technology
French telecoms operator Orange is partnering with Amazon to combine their respective voice assistant technology, Chief Executive Officer Stephane Richard said on Wednesday.

Reuters Company News
Dec 12, 2018

PRESS DIGEST- Canada - Dec 12
The following are the top stories from selected Canadian newspapers. Reuters has not verified these stories and does not vouch for their accuracy.

Reuters Company News
Dec 12, 2018

EMERGING MARKETS-Asia leads emerging stocks higher as trade tensions ease
Asian stock markets led gains in emerging markets on Wednesday as signs of an easing of U.S.-China trade tensions boosted investors' appetite for risk, while the dollar held near a one-month high, capping gains in many developing world currencies.

Reuters Company News
Dec 12, 2018

CEE MARKETS-Stocks rebound, crown eases despite rate hike suggestion
Warsaw led a rise of Central Europe's main stock indices on Wednesday as U.S. President Donald Trump generated optimism about a trade deal with China, helping global equities markets. Wa

Reuters Company News
Dec 12, 2018

GLOBAL MARKETS-Stocks cheered by Trump trade talk; sterling claws off lows
* Trump says trade talks ongoing with China, could act on Huawei

Reuters Company News
Dec 12, 2018

REUTERS NEWS SCHEDULE AT 10 a.m. GMT/5 a.m ET
Here are the top stories and upcoming coverage plans for Reuters text service as of 10 a.m. GMT/5 a.m ET. For a full schedule of news and events, go to our editorial calendar on Reuters Connect https://www.reutersconnect.com/planning or on Media Express http://mediaexpress.reuters.com/planning-tools/calendar.

Reuters Company News
Dec 12, 2018

UPDATE 5-Oil rises to $61 on Libyan supply cut, U.S. inventories
* U.S. crude inventories drop more than expected, API data shows (Updates prices, adds quotes, previous SINGAPORE)

Reuters Company News
Dec 12, 2018

UPDATE 2-Sainsbury's and Asda seek extra time for merger inquiry
* Sainsbury's, Asda apply for judicial review of process (Adds CMA response)

Reuters Company News
Dec 12, 2018

UPDATE 1-Hitachi nears $7 bln deal to buy ABB's power grid business - Nikkei
Japan's Hitachi Ltd is close to agreeing a deal to buy Switzerland based ABB Ltd's power grid business for about 800 billion yen ($7.1 billion), the Nikkei business daily reported on Wednesday.

Reuters Company News
Dec 12, 2018

UPDATE 3-Activist fund Elliott set to shake up drinks giant Pernod
* Pernod shares up nearly 4 percent (Adds analyst comments, byline)

Reuters Company News
Dec 12, 2018

UPDATE 2-Alstom, Siemens submit measures to EC to get their merger deal passed
* Decision expected by Feb. 18 (Introduces dual dateline, adds background, share price)

Reuters Company News
Dec 12, 2018

UPDATE 1-Trade optimism lifts European shares towards second day of gains
* Trump upbeat on trade in Reuters interview (Adds stocks, quote)

Reuters Company News
Dec 12, 2018

UPDATE 2-Superdry shares plunge a third as warm weather hits profit
* Considering store closures, relocations, rent renegotiation

Reuters Company News
Dec 12, 2018

Kremlin says U.S. stance on Nord Stream 2 is unfair competition
The Kremlin said on Wednesday that attempts by the United States to undermine the Russia-backed Nord Stream 2 pipeline project to Germany were an example of unfair competition to derail what it casts as a purely commercial project.

Reuters Company News
Dec 12, 2018

Mobility tech firm Optibus raises $40 mln, Alibaba takes stake
U.S.-Israeli mobility technology company Optibus said on Wednesday it raised $40 million in a private funding round led by Insight Venture Partners and with a strategic investment from the Alibaba Group .

Reuters Company News
Dec 12, 2018

Hitachi nears deal to buy ABB's power grid business - Nikkei
Hitachi Ltd is in final stages of talks to buy Switzerland based ABB Ltd's power grid business for about 800 billion yen ($7.05 billion), the Nikkei business daily reported on Wednesday.

Reuters Company News
Dec 12, 2018

UPDATE 2-Activist hedge fund Elliott takes stake in Pernod
* Pernod shares up more than 3 percent (Adds shares, background)

Reuters Company News
Dec 12, 2018

Trade optimism lifts European shares towards second day of gains
European shares opened higher on Wednesday and were set for a second day of gains as sentiment towards the Sino-US trade dispute lifted after U.S. President Donald Trump sounded upbeat about a deal in a Reuters interview.

Reuters Company News
Dec 12, 2018

REFILE-UPDATE 1-Indivior wins fresh hold on Dr. Reddy's Suboxone copy
Indivior Plc has secured another hold on the launch of a generic competitor to its best-selling opioid addiction drug in the United States, the London-listed company said on Wednesday.

Reuters Company News
Dec 12, 2018

UPDATE 4-Crisis Group says no word from China on detained Canadian employee
* ICG says it is seeking access to employee detained in China

Reuters Company News
Dec 12, 2018

UPDATE 14-Canada frees CFO of China's Huawei on bail; Trump might intervene
A top executive of Chinese telecoms giant Huawei Technologies Co Ltd was granted bail by a Canadian court on Tuesday, 10 days after her arrest in Vancouver at the request of U.S. authorities sparked a diplomatic dispute.

Reuters Company News
Dec 12, 2018

Amazon aims at office workers with compact cashier-less food store
Amazon.com Inc on Wednesday opened a compact version of its cashier-less Amazon Go food stores, broadening its footprint in the bricks-and-mortar world in a move to add shops in places such as office lobbies and hospitals.

Reuters Company News
Dec 12, 2018

UPDATE 1-Activist hedge fund Elliott takes stake in Pernod
* Has met with Pernod boss Alexandre Ricard (Adds detail and background)

Reuters Company News
Dec 12, 2018

UPDATE 1-UK's Superdry burnt again by warmer weather
Superdry Plc sales continued to suffer from unusually warm weather through the British fashion chain's two biggest trading months in November and December, prompting it to warn on Wednesday of an 11 million pound hit to profit last month.

Reuters Company News
Dec 12, 2018

UPDATE 1-UK Stocks-Factors to watch on Dec. 12
Britain's FTSE 100 index is seen opening 56 points higher at 6,863 on Wednesday, according to financial bookmakers, with FTSE 100 futures up 0.18 percent ahead of the cash market open.

Reuters Company News
Dec 12, 2018

UPDATE 1-UK watchdog orders shake up of advisors to pension trustees
Poor competition in the market for advice to pension fund trustees has resulted in "substantial customer detriment", Britain's Competition and Markets Authority said on Wednesday.

Reuters Company News
Dec 12, 2018

UPDATE 3-Crisis Group says no word from China on detained Canadian employee
* ICG says it is seeking access to employee detained in China

Reuters Company News
Dec 12, 2018

UPDATE 4-Oil prices climb on OPEC-led supply cuts, Asian stock rally
* U.S. is now world's biggest oil producer -EIA (Updates prices)

Reuters Company News
Dec 12, 2018

UPDATE 1-British American Tobacco stands by full-year target
British American Tobacco , the world's second-biggest international tobacco company by revenue, stood by its full-year forecast on Wednesday.

Reuters Company News
Dec 12, 2018

Indivior says wins fresh hold on Suboxone copy
Indivior Plc said on Wednesday a U.S. court ruling had put a hold on Indian rival Dr. Reddy's Laboratories launching a generic competitor to the London-listed drugmaker's bestselling opioid addiction treatment.

Reuters Company News
Dec 12, 2018

Superdry warns on profits again as warm weather continues
Superdry Plc sales continued to suffer from unusually warm weather through November and December, the British fashion chain's two biggest trading months, prompting it to warn on Wednesday of an 11 million pound hit to profit last month.

Reuters Company News
Dec 12, 2018

TABLE-UAE's Fujairah oil inventory data for week ended Dec 10
Fujairah Oil Industry Zone on Wednesday published, via industry information service S&P Global Platts, the following weekly inventory data for oil products for the week ended Dec. 10. Volumes are in thousands of barrels. Figures in brackets represent volume change from prior week calculated by Reuters. Week Light Middle Residual Fuels Distillates Distillates 2018 Dec 1

Reuters Company News
Dec 12, 2018

METALS-Base metals gain slightly amid U.S.-China trade hopes
Base metals were mostly up in a tight range on Wednesday, following U.S. President Donald Trump's upbeat comments about a trade deal with China, while the dollar held near a one-month peak against its peers.

Reuters Company News
Dec 12, 2018

Activist hedge fund Elliott takes stake in Pernod
Activist hedge fund Elliott Management has taken a stake in Pernod Ricard aiming to improve what Elliott said was relative underperformance at the French drinks company.

Reuters Company News
Dec 12, 2018

Sainsbury's and Asda appeal for more time for merger probe
Sainsbury's and Asda , the two British supermarkets that are trying to merge, said they wanted more time to provide and consider all the evidence in the competition investigation into the deal.

Reuters Company News
Dec 12, 2018

UK watchdog orders shake up of investment consultants
Poor competition in the market for consultants who advise pension funds has resulted in "substantial customer detriment", Britain's Competition and Markets Authority said on Wednesday.

Reuters Company News
Dec 12, 2018

China welcomes any effort to move Huawei case towards resolution
China's Foreign Ministry said on Wednesday that Canada's arrest of Meng Wanzhou, a top executive with Chinese tech giant Huawei, was a mistake from the start, and welcomed any efforts to move the case toward a correct resolution.

Reuters Company News
Dec 12, 2018

RPT-INSIGHT-Brexit Britain's financial sector faces "slow puncture"
* EU competition, regulation to stifle future UK business ties

Reuters Company News
Dec 12, 2018

Nikkei posts best daily gain in a month on easing Sino-US trade tensions
Japan's Nikkei posted its biggest daily gain in more than a month on Wednesday as investors' risk appetite revived on positive developments in Sino-U.S. trade relations.

Reuters Company News
Dec 12, 2018

China says detained Canadian may have broken foreign NGO law
If International Crisis Group (ICG) employee Michael Kovrig was carrying out "relevant activities" for the group in China without it being registered, then he may have broken China's foreign NGO law, China's Foreign Ministry said on Wednesday.

Reuters Company News
Dec 12, 2018

PRESS DIGEST - Wall Street Journal - Dec 12
The following are the top stories in the Wall Street Journal. Reuters has not verified these stories and does not vouch for their accuracy.

Reuters Company News
Dec 12, 2018

UPDATE 1-Chinese startup Luckin Coffee's valuation doubles to $2.2 bln
* Fundraising led by investors including GIC, China Int'l Capital (Adds details from Luckin's release, context)

Reuters Company News
Dec 12, 2018

UPDATE 3-Oil prices rise on Asian stock rally, OPEC-led cuts
* U.S. is now world's biggest oil producer -EIA (Adds Barclays comment, updates prices)

Reuters Company News
Dec 12, 2018

PRESS DIGEST- New York Times business news - Dec 12
The following are the top stories on the New York Times business pages. Reuters has not verified these stories and does not vouch for their accuracy.

Reuters Company News
Dec 12, 2018

UK Stocks-Factors to watch on Dec. 12
Britain's FTSE 100 index is seen opening 56 points higher at 6,863 on Wednesday, according to financial bookmakers. * INTERSERVE: Britain's government will continue granting contracts to Interserve Plc as the debt-laden outsourcing company battles to avoid a Carillion-style collapse, the Financial Times reported on Tuesday. * WM MORRISON SUPERMARKETS: WM Morrisons shares jumped on Tuesday as traders cited market rumours that the UK supermarket chain could be subject to a takeover approac

Reuters Company News
Dec 12, 2018

UPDATE 4-Police sound "all clear" after bomb threat at Facebook's Silicon Valley campus
A bomb threat prompted authorities on Tuesday to evacuate a building at the Silicon Valley headquarters of Facebook Inc, police said, but gave the "all clear" after an hours-long search turned up no sign of a device.

Reuters Company News
Dec 11, 2018

UPDATE 2-Crisis Group says no word from China on detained Canadian employee
* ICG says it is seeking access to employee detained in China

Reuters Company News
Dec 11, 2018

UPDATE 3-Police give "all clear" after bomb threat at Facebook's Silicon Valley campus
A bomb threat prompted authorities on Tuesday to evacuate a building at the Silicon Valley headquarters of Facebook Inc, police said, but gave the "all clear" after an hours-long search turned up no sign of a device.

Reuters Company News
Dec 11, 2018

GLOBAL MARKETS-Stocks cheered by Trump trade talk; sterling plagued by politics
* Trump says trade talks ongoing with China, could act on Huawei

Reuters Company News
Dec 11, 2018

UPDATE 1-Indonesia's Tokopedia secures $1.1 bln from Alibaba, SoftBank
* Follows $1.1 bln investment from Alibaba in 2017 (Adds details from statement, CEO comment)

Reuters Company News
Dec 11, 2018

Weeding out foreigners: strains over Thailand's legalisation of marijuana
Thailand is set to become the first Asian country to legalise medical marijuana, but a battle is brewing between local and foreign firms over control of a potentially lucrative market.

Reuters Company News
Dec 11, 2018

China startup Luckin Coffee raises $200 mln in latest funding round
Luckin Coffee, an up-and-coming coffee chain with ambitions to challenge Starbucks Corp in China, said on Wednesday it has raised $200 million in its latest funding round, bringing the company's valuation up to $2.2 billion.

Reuters Company News
Dec 11, 2018

UPDATE 2-Google studies steps to open representative office in Vietnam, govt says
* Different factors to look at before opening an office -Google

Reuters Company News
Dec 11, 2018

METALS-Most base metals trade in tight range amid Sino-US trade hopes
Most base metals traded in a tight range early on Wednesday as U.S. President Donald Trump sounded optimistic about a trade deal with China, while the dollar held near a one-month peak against its peers.

Reuters Company News
Dec 11, 2018

Warburg Pincus, Hande group to invest $1 bln in China joint venture
Warburg Pincus and Hande Group will invest a total $1 billion in a new joint venture to pursue special situations investments in real estate projects in China, the companies said on Wednesday.

Reuters Company News
Dec 11, 2018

"Aware of atrocities": Twitter CEO responds to critics of Myanmar tweets
Twitter CEO Jack Dorsey on Wednesday said he was "aware of the human rights atrocities and suffering in Myanmar," responding to criticism over his tweets about his meditation retreat in the country that did not mention the plight of Rohingya Muslims.

Reuters Company News
Dec 11, 2018

ICG says it has received no information from China on detention of Canadian employee
The International Crisis Group said on Wednesday that it had received no information from Chinese officials on the detention of its employee, former Canadian diplomat Michael Kovrig, and said it was seeking consular access to him.

Reuters Company News
Dec 11, 2018

FOREX-Dollar hovers near month high on U.S. yield bounce, shaky pound
* Long-term U.S. yields rebound from 3-mth lows, support dollar

Reuters Company News
Dec 11, 2018

UPDATE 1-Bomb threat at Facebook's Menlo Park HQ, buildings evacuated
Facebook Inc evacuated a few buildings at its headquarters campus in Menlo Park following a bomb threat, a company spokesman said on Tuesday.

Reuters Company News
Dec 11, 2018

Indonesia's Tokopedia secures $1.1 bln in latest financing round
Indonesian e-commerce company Tokopedia on Wednesday said it secured $1.1 billion in the latest funding round led by SoftBank Group Corp's Vision Fund and Alibaba Group Holding Ltd.

Reuters Company News
Dec 11, 2018

UPDATE 13-Canada frees CFO of China's Huawei on bail; Trump might intervene
A top executive of Chinese telecoms giant Huawei Technologies Co Ltd was granted bail by a Canadian court on Tuesday, 10 days after her arrest in Vancouver at the request of U.S. authorities sparked a diplomatic dispute.

Reuters Company News
Dec 11, 2018

Nikkei surges as easing Sino-U.S. trade tensions help risk appetite
Japan's Nikkei rallied on Wednesday morning, recouping some of the losses over the past two days, as investor risk appetite revived on positive developments in Sino-U.S. trade relations.

Reuters Company News
Dec 11, 2018

Facebook looking into bomb threat at HQ campus in Menlo Park
Facebook Inc is looking into a bomb threat at its headquarters campus in Menlo Park, a company spokesman said in an emailed statement to Reuters.

Reuters Company News
Dec 11, 2018

GLOBAL MARKETS-Stocks run with Sino-US trade hopes; sterling hamstrung by politics
* Trump says trade talks ongoing with China, could act on Huawei

Reuters Company News
Dec 11, 2018

UPDATE 1-Google studies steps to open representative office in Vietnam, govt says
Alphabet Inc's Google is studying steps towards opening a representative office in Vietnam, the government of the Southeast Asian nation said on its website, citing Google's Senior Vice President Kent Walker.

Reuters Company News
Dec 11, 2018

UPDATE 12-Canada frees CFO of China's Huawei on bail; Trump might intervene
A top executive of Chinese telecoms giant Huawei Technologies Co Ltd was granted bail by a Canadian court on Tuesday, 10 days after her arrest in Vancouver at the request of U.S. authorities sparked a diplomatic dispute.

Reuters Company News
Dec 11, 2018

WRAPUP 2-Trump says would intervene in arrest of Chinese executive
U.S. President Donald Trump said on Tuesday he would intervene with the U.S. Justice Department in the case against a Chinese telecommunications executive if it would help secure a trade deal with Beijing.

Reuters Company News
Dec 11, 2018

Google weighs steps to open representative office in Vietnam -govt
Alphabet Inc's Google is studying steps to open a representative office in Vietnam, the government of the Southeast Asian nation said on its website, citing Google's Senior Vice President Kent Walker.

Reuters Company News
Dec 11, 2018

PRESS DIGEST- British Business - Dec 12
The following are the top stories on the business pages of British newspapers. Reuters has not verified these stories and does not vouch for their accuracy.

Reuters Company News
Dec 11, 2018

UPDATE 3-China's Tencent Music raises nearly $1.1 bln in U.S. IPO
China-based music streaming company Tencent Music Entertainment Group said it raised close to $1.1 billion in its U.S. initial public offering (IPO) after pricing its shares at the bottom of its targeted range.

Reuters Company News
Dec 11, 2018

Oil prices rise as OPEC-led supply cuts expected to stabilise markets
U.S. oil prices climbed on Wednesday, supported by expectations that an OPEC-led supply cut announced last week for 2019 would stabilise markets.

Reuters Company News
Dec 11, 2018

GLOBAL MARKETS-Asia stocks up on Sino-US trade hopes, sterling nurses losses
Asian stock markets edged ahead on Wednesday as U.S. President Donald trump sounded upbeat about a trade deal with China, while sterling struggled with talk of an imminent party coup against British Prime Minister Theresa May.

Reuters Company News
Dec 11, 2018

UPDATE 11-Canada court grants bail to Huawei CFO; Trump might intervene
A top executive of Chinese telecoms giant Huawei Technologies Co Ltd wanted by the United States to answer to fraud accusations was granted C$10 million ($7.5 million) bail by a Canadian court on Tuesday, a move that could help soothe Chinese anger over her arrest. Meng Wanzhou, 46, Huawei's chief financial officer and the daughter of its founder, faces U.S. claims that she misled multinational banks about Iran-linked transactions, putting the banks at risk

Reuters Company News
Dec 11, 2018

WRAPUP 1-Trump says would intervene in arrest of Chinese executive
U.S. President Donald Trump said on Tuesday he would intervene with the U.S. Justice Department in the case against a Chinese telecommunications executive if it would help secure a trade deal with Beijing.

Reuters Company News
Dec 11, 2018

UPDATE 2-DoubleLine's Gundlach says S&P 500 likely to go below Feb 2018 lows
Jeffrey Gundlach, chief executive of DoubleLine Capital, said Tuesday on an investor webcast that the Standard & Poor's 500 Index is likely to go below its February 2018 lows.

Reuters Company News
Dec 11, 2018

REFILE-Bank of Japan's ETF buying this year reaches 6 trln yen target
The Bank of Japan (BOJ) has purchased just over a record 6 trillion yen ($53.2 billion) worth of exchange-traded funds this year, central bank data showed on Tuesday, reaching its target still with three weeks to go before the end of the year.

Reuters Company News
Dec 11, 2018

UPDATE 2-McDonald's to curb antibiotic use in its beef supply
McDonald's Corp said on Tuesday it plans to reduce the use of antibiotics in its global beef supply, fueling projections that other restaurants will follow suit.

Reuters Company News
Dec 11, 2018

L Catterton to buy Jose Cuervo-backed hot sauce brand Cholula
Buyout firm L Catterton said on Tuesday it has agreed to acquire Cholula, a privately held hot sauce producer whose investors include Mexican tequila producer Jose Cuervo, in a bet that zesty condiments will continue to become more popular with U.S. consumers.

Reuters Company News
Dec 11, 2018

UPDATE 4-Avianca Brasil files for bankruptcy, citing jet repossession threat
Brazil's fourth-largest airline, Avianca Brasil, filed for bankruptcy protection on Monday, saying its operations had been threatened by potential repossession of aircraft, which could prevent the carrier from continuing to operate.

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