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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.
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.
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.
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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