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Thursday, September 21, 2017
Wall Street ends lower; Apple out of favor
SAN FRANCISCO (Reuters) - U.S. stock indexes closed lower on Thursday, with market heavyweight Apple out of favor on concerns about its latest iPhones, while financials rose as investors reacted to rising expectations for a third interest rate hike this year.
Lufthansa to land Air Berlin assets: sources
FRANKFURT (Reuters) - Lufthansa is set to pick up a large part of insolvent rival Air Berlin , and easyJet is also still in the running for some assets, two sources familiar with the matter said.
UniCredit proposes to remove 5 percent cap on voting rights
MILAN (Reuters) - UniCredit has called a shareholder meeting for Dec. 4 to put new governance proposals to the vote, including removing a 5 percent cap on voting rights and allowing the board to select its own candidates to be directors.
Exclusive: Persistent rail service disruptions dog CSX customers
(Reuters) - CSX Corp customers, including chemical, automotive and steel producers, are still battling delays and congestion despite top executives' assurances that the railroad has moved past service woes that plagued its system during the summer, people familiar with the situation said.
U.S. yield curve flattens, stocks dip; possible Dec hike in focus
NEW YORK (Reuters) - The U.S. Treasury yield curve flattened to a two-and-a-half month low and key world stock markets fell on Thursday, as investors assessed indications from the U.S. Federal Reserve that it may raise interest rates a third time this year.
Brazil's Votorantim Metais files for New York, Toronto IPO
SAO PAULO/TORONTO (Reuters) - Brazil-based mining company Votorantim Metais Holding SA filed on Thursday for an initial public offering in New York and Toronto, to tap into a wide base of investors betting on a long-term recovery in zinc, copper, lead and silver prices.
Billionaire L'Oreal heiress Bettencourt dies aged 94
PARIS (Reuters) - French businesswoman and billionaire Liliane Bettencourt, whose family founded L'Oreal and still owns the largest stake in the cosmetics giant, has died aged 94, her daughter said on Thursday.
L'Oreal heiress Bettencourt lived with the scent of money
PARIS (Reuters) - Regularly named France's richest person and for years the wealthiest woman in the world thanks to her L'Oreal inheritance, Liliane Bettencourt lived her life surrounded by the scent of money, politics and more than a touch of scandal.
Hack of Wall Street regulator rattles investors, lawmakers
WASHINGTON (Reuters) - Wall Street's top regulator came under fire on Thursday about its cyber security and disclosure practices after admitting hackers had breached its database of corporate announcements in 2016 and may have used it for insider trading.
Oil settles flat as unease builds ahead of OPEC meeting
NEW YORK (Reuters) - Oil prices settled nearly flat on Thursday, the eve of a meeting of major oil-producing countries in Vienna to discuss whether they will extend production limits that have helped reduce the global crude glut.
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