Monday, 25 December 2017

Breaking business news: Aston Martin to recall over 5,000 vehicles in U.S.: safety agency

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Monday, December 25, 2017
Aston Martin to recall over 5,000 vehicles in U.S.: safety agency
(Reuters) - British sportscar maker Aston Martin is recalling around 5,500 vehicles in the United States due to problems with powertrains and battery cables, according to documents posted on the National Highway Traffic Safety Administration's (NHTSA) website.
Israel regulator seeks to ban bitcoin firms from stock exchange
JERUSALEM (Reuters) - Israel's markets regulator will propose regulation to ban companies based on bitcoin and other digital currencies from trading on the Tel Aviv Stock Exchange, he said on Monday.
Russia's standards agency says Nissan to recall 127,738 cars
MOSCOW (Reuters) - Japanese automaker Nissan Motor Co Ltd will recall 127,738 Nissan cars in Russia, Russia's technical safety watchdog Rosstandart said on Monday.
Russia's FinMin: crypto FX should only be traded by professionals
MOSCOW (Reuters) - Russian Finance Minister Anton Siluanov said on Monday that cryptocurrencies should be traded only by professional investors, not in the mainstream.
Kremlin hopes Rosneft/Sistema settlement to be smoothly implemented
MOSCOW (Reuters) - The Kremlin said on Monday it hoped an out-of-court settlement reached between Russia's largest oil producer Rosneft and the Sistema conglomerate would be implemented smoothly.
This year's lumps of coal could be 2018's diamonds
SAN FRANCISCO (Reuters) - Investors saddled in 2017 with the market's worst performers, including Under Armour and General Electric, may do well to remember as December draws to an end that lumps of coal sometimes turn into diamonds.
VW may post excellent 2017 results, CEO tells Welt am Sonntag
BERLIN (Reuters) - Volkswagen will report excellent group results this year, its chief executive said, helped by expected record vehicle sales and by spending cuts.
Exclusive: ArcelorMittal tells Ilva it wants to change buying contract
ROME (Reuters) - Steelmaker ArcelorMittal has told commissioners running Italy's Ilva plant that it wants changes made to the contract in which it agreed to buy the company in order to protect it from legal challenges in Italy.
Amgen estimates its U.S. tax bill at over $6 billion as it repatriates cash
NEW YORK (Reuters) - Amgen Inc said it expects to incur tax expenses of $6 billion to $6.5 billion over time as it repatriates cash it has accumulated around the world because of the new U.S. tax law signed by President Donald Trump on Friday.
An investor's best friend: China's booming pet market sparks deals
PINGYANG, China/SHANGHAI (Reuters) - Li Mingjie is a pet industry investor's dream. The 23-year-old e-commerce worker spares little expense to make his pooch happy.
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