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Headlines
Wednesday, 13 December
U.S. Republicans craft tax deal, final votes seen next week
1h ago - WASHINGTON (Reuters) - Congressional Republicans reached a deal on final tax legislation on Wednesday, clearing the way for final votes next week on a package that would slash the U.S. corporate tax rate to 21 percent and cut taxes for wealthy Americans.
Fed lifts interest rates, keeps 2018 policy outlook unchanged
1h ago - WASHINGTON (Reuters) - The Federal Reserve raised interest rates by a quarter of a percentage point on Wednesday, as anticipated, but left its rate outlook for the coming years unchanged even as policymakers projected a short-term acceleration in U.S. economic growth.
U.S. transit agencies cautious on electric buses despite bold forecasts
4h ago - (This December 12 story corrects attribution in paragraph 4)
Debt-laden Carillion secures deal to sell part of UK healthcare unit
14h ago - (Reuters) - Troubled British construction firm Carillion (>> Carillion) said on Wednesday it had reached a deal to sell a large part of its UK healthcare facilities management business to outsourcing group Serco (>> Serco Group plc), helping it cut its debt by 41.4 million pounds.
Oil settles lower after rally on pipeline outage; Brent premium narrows
20h ago - HOUSTON (Reuters) - Oil prices fell sharply on Tuesday, as traders took profits after prices surged early to a two-year high on an unplanned closure of the pipeline that carries the largest North Sea crude oil grade.
Npower forces Innogy to cut profit outlook, shares tumble
6h ago - FRANKFURT (Reuters) - German energy company Innogy on Wednesday trimmed its operating profit forecast for 2017, citing a persistently difficult market environment for npower, its ailing British retail energy supply business.
AirAsia Aims to Seal Deal for Leasing Arm by March
13h ago - By Yantoultra Ngui SEPANG, Malaysia--Malaysia's AirAsia Bhd. , Asia's largest budget airline by passenger volume, hopes to seal a deal for...
Stocks Seek Direction Ahead of Fed Decision
19h ago - By Kenan Machado Asian stocks struggled for direction Wednesday, after continued weakness in tech stocks weighed on the Nasdaq overnight even...
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