Breaking business news: Global shares score latest record high, dollar flexes muscle

Click to View in Browser Tuesday, October 3, 2017 Global shares score latest record high, dollar flexes muscle LONDON (Reuters) - World shares hit their latest in a run of record highs on Tuesday, while the dollar was at it loftiest in 1-1/2 months as encouraging U.S. data lifted it in tandem with global bond yields. Former Equifax chief will face questions from U.S. Congress over hack WASHINGTON (Reuters) - U.S. lawmakers are due to question the former head of Equifax Inc at a Tuesday hearing that could shed light on how hackers accessed the personal data of more than 140 million consumers. Consumer lending, insurance issues to weigh on Wells' CEO's Senate appearance on Tuesday (Reuters) - Wells Fargo & Co CEO Tim Sloan will be questioned about sales practices, mischarging customers for auto insurance, and complaints about mortgage fees at the bank's consumer lending unit when he testifies before U.S. senators on Tuesday. Uber boss to meet London transport chief in bid to keep license LONDON (Reuters) - Uber's new global boss Dara Khosrowshahi will meet London's transport regulator on Tuesday as the taxi hailing app fights to keep its license in one of its most important foreign markets. Whole Foods price cuts hit hardest at Trader Joe's, Sprouts: report LOS ANGELES (Reuters) - Whole Foods rivals Trader Joe's and Sprouts Farmers Market Inc have been hit hardest by customer defections since Amazon.com Inc's price cuts at the premium grocer, Whole Foods price cuts, a data analytics firm said on Tuesday. Uber board set for contentious meeting over ex-CEO's power SAN FRANCISCO (Reuters) - The board of Uber Technologies Inc [UBER.UL], including two new appointees of former Chief Executive Travis Kalanick, will meet on Tuesday to consider proposals that diminish the co-founder's influence, strip early investors of supervoting power and secure a multibillion-dollar investment, sources said. Fed's Yellen says AIG's threat to stability is reduced after downsizing WASHINGTON (Reuters) - American International Group Inc poses less of a threat to financial stability because it shrank its assets by more than $500 billion, Federal Reserve Chair Janet Yellen said on Monday in explaining why she voted in favor of releasing the company from stricter oversight. South African regulator to fast-track KPMG investigation CAPE TOWN (Reuters) - South Africa's audit regulator will fast-track an investigation into global auditor KPMG over work done for business friends of President Jacob Zuma, the regulator's chief executive told lawmakers on Tuesday. Monarch boss 'absolutely devastated' after airline's sudden collapse LONDON (Reuters) - The boss of Monarch Airlines said he was "absolutely devastated" by the failure of Britain's fifth largest carrier which wrecked the holiday plans of hundreds of thousands of tourists and left most of its staff out of work. Toshiba buying back 10 percent stake in Westinghouse unit for $522 million TOKYO (Reuters) - Japan's Toshiba Corp said on Thursday it is buying back a 10 percent stake in Westinghouse Electric Co from minority shareholder Kazatomprom for 59 billion yen ($522 million), taking full ownership of the bankrupt U.S. unit. Related Video Spotlight: Marriott International CEO Arne Sorenson Mass shooting won't affect Las Vegas travel business - expert Counterparties is a curated snapshot of the best finance news and commentary around the web. Register Today News you can use with actionable, timely advice for managing your financial life, including retirement, taxes, real estate, education and more. Register Today » » MORE NEWSLETTERS - 3 Times Square New York, NY 10036 USA © Copyright 2017 Thomson Reuters Ensure delivery of Reuters Newsmails, add newsletters@email.reuters.com to your address book. Subscribe to other Reuters newsletters. Unsubscribe from this newsletter. Follow us on Twitter Friend us on Facebook