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Headlines
Sunday, 17 December
CSX CEO Harrison dies months into railroad's turnaround effort
3h ago - NEW YORK (Reuters) - CSX Corp (>> CSX) Chief Executive Hunter Harrison has died, the freight railway operator said on Saturday, just a few days after announcing that the veteran rail executive hired earlier this year to boost its profits had taken a medical leave of absence.
Oil hovers below two-year highs with focus on U.S. output
1d ago - NEW YORK (Reuters) - Oil prices were mixed on Friday, lingering below two-year highs as the continuing outage of a North Sea pipeline gave support, while climbing U.S. output and weak gasoline demand kept a lid on gains.
Unilever to sell spreads business to KKR for $8 billion
1d ago - (Reuters) - Unilever (>> Unilever) has agreed to sell its margarine and spreads business to U.S. private equity firm KKR (>> KKR & Co. L.P.) for 6.83 billion euros ($8.04 billion) to concentrate on faster growing products.
Healthcare draws election-year worry, but 2016 repeat not seen
1d ago - NEW YORK (Reuters) - With another election year looming, investors in the healthcare sector are wary the coming months could reopen wounds suffered during the 2016 U.S. presidential race.
China, UK vow to bolster economic cooperation, speed up stock connect plan
1d ago - BEIJING (Reuters) - China and Britain have vowed to continue and strengthen cooperation on a wide range of economic, financial and trade issues, including speeding the introduction of a London-Shanghai stock connect programme.
U.S. Justice Department, AT&T settlement talks failed: court filing
1d ago - WASHINGTON (Reuters) - The U.S. Department of Justice and AT&T Inc (>> AT&T) have held unsuccessful settlement talks over the wireless and pay-TV company's bid to buy movie and TV show maker Time Warner Inc (>> Time Warner), the two sides said in a court filing on Friday.
Britain looking at distinct trade deal with EU - Hammond
1d ago - BEIJING (Reuters) - British Chancellor of the Exchequer Philip Hammond said on Saturday it is likely Britain will want to negotiate a bespoke arrangement for a future trade deal with the European Union, rather than copying existing arrangements like the Canada-EU deal.
P&G appoints Peltz to board despite losing proxy battle
1d ago - (Reuters) - Procter & Gamble Co (>> Procter & Gamble Company) said it appointed Nelson Peltz to its board despite the activist investor narrowly losing a months-long proxy fight, the biggest ever involving a U.S. company.
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