Monday, 11 December 2017

Breaking business news: Bitcoin futures suggest breakneck rise in price to slow

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Monday, December 11, 2017
Bitcoin futures suggest breakneck rise in price to slow
By Saqib Iqbal Ahmed, Jemima Kelly and Gertrude Chavez-Dreyfuss
Wall Street ends higher with help from tech, energy
NEW YORK (Reuters) - Wall Street indexes closed higher on Monday and the biggest drivers were technology and energy sectors as oil prices rose and investors waited for an expected U.S. Federal Reserve rate hike later in the week.
Hackers hit U.S., Russian banks in ATM robbery scam: report
FRANKFURT (Reuters) - A previously undetected group of Russian-language hackers silently stole nearly $10 million from at least 18 mostly U.S. and Russian banks in recent years by targeting interbank transfer systems, a Moscow-based security firm said on Monday.
Monsanto offers cash to U.S. farmers who use controversial chemical
CHICAGO (Reuters) - Monsanto Co will give cash back to U.S. farmers who buy a weed killer that has been linked to widespread crop damage, offering an incentive to apply its product even as regulators in several U.S. states weigh restrictions on its use.
Verizon to pay $2.25 billion to NFL for five-year streaming deal: source
NEW YORK (Reuters) - Verizon Communications Inc will pay around $2.25 billion for a five-year partnership with the National Football League that allows users to stream games on its Yahoo and go90 platforms as well as on mobile devices, a source told Reuters on Monday.
Apple confirms deal to buy music discovery app Shazam
SAN FRANSICO (Reuters) - Apple Inc on Monday confirmed it had reached a deal to acquire Shazam Entertainment Ltd, the U.K.-based app that lets users identify songs by pointing a smart phone at the audio source.
Boeing lifts dividend by 20 percent, sets new $18 billion share buyback
(Reuters) - Boeing Co said on Monday it would raise its quarterly dividend by 20 percent to $1.71 per share and replace its existing share repurchase program with a new $18 billion authorization.
UBS leads blockchain data reporting pilot ahead of new EU rules
ZURICH/NEW YORK (Reuters) - Financial companies led by Swiss bank UBS are testing a blockchain platform to help them comply with new European Union trade data standards due to come into force next year.
Zurich Insurance to buy ANZ's life insurance businesses for $2.14 billion
(Reuters) - Zurich Insurance has agreed to buy ANZ's OnePath Life insurance businesses for 2.85 billion Australian dollars ($2.14 billion), the latest and largest foray by the Swiss company into the Australian market.
HSBC draws line under Mexican cartel case after five-years on probation
LONDON (Reuters) - HSBC drew a line under its punishment for lapses in anti-money laundering controls on Monday, saying the U.S. Department of Justice (DoJ) would end its deferred prosecution agreement, lifting the threat of further penalties.
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