Daily Investor Update: Stock performance in 2017 points to wealth for many nations

Click to View in Browser Friday, December 29, 2017 Stock performance in 2017 points to wealth for many nations (Reuters) - Markets bid 2017 goodbye on a modestly defensive note on Friday, but the year will be best remembered for leaving global investors wealthier. Trump wants Postal Service to charge 'much more' for Amazon shipments SEATTLE/WASHINGTON (Reuters) - President Donald Trump called on the U.S. Postal Service on Friday to charge "much more" to ship packages for Amazon , picking another fight with an online retail giant he has criticized in the past. Wall Street quiet on last trading day of a strong year NEW YORK (Reuters) - There were no fireworks on Wall Street for the last trading day of the year, as U.S. stocks closed out their best year since 2013 on a down note, with losses in technology and financial stocks keeping equities in negative territory for the session. Airbus sprints from behind in bid to upset Boeing order lead PARIS (Reuters) - Airbus is pulling out the stops to try and take the lead in its annual order contest with Boeing, lining up a spree of multi-billion-dollar deals to close a traumatic year haunted by management upheaval and corruption investigations. Brazilian regulator accuses Petrobras ex-executives of graft SAO PAULO (Reuters) - Brazil's securities regulator formally accused eight former executives of state-run oil company Petroleo Brasileiro SA of corruption on Friday, as the world's largest graft investigation stretches deep into its third year. BA owner IAG to buy insolvent Austrian holiday airline Niki FRANKFURT (Reuters) - British Airways' owner IAG said on Friday it would buy Niki, Air Berlin's insolvent Austrian holiday airline, for 20 million euros ($24.01 million) and provide additional liquidity to the company of up to 16.5 million euros. Goldman warns of $5-billion earnings hit from U.S. tax law (Reuters) - Goldman Sachs Group Inc said on Friday it would take a $5 billion earnings hit in the fourth quarter for the new U.S. tax law, becoming the first major U.S. bank to detail the law's one-time impact on corporate profits held overseas. Gold soars toward largest annual gain since 2010 on dollar boost NEW YORK/LONDON (Reuters) - Gold extended its rally to a three-month high on Friday, leaping toward its biggest one-year rise in seven years as a wilting U.S. dollar, political tensions and receding concerns over the impact of U.S. interest rate hikes fed into its rally. Pershing Square, Valeant arrive at settlement split for Allergan lawsuit (Reuters) - Activist investor William Ackman's Pershing Square and Valeant Pharmaceuticals on Friday decided to pay $290 million to settle a lawsuit that accused them of insider trading before bidding for Allergan Plc in 2014. Amazon ordered not to pull in customers who can't spell 'Birkenstock' A German court has ordered Amazon not to lure internet shoppers to its online marketplace when they mistakenly search for "Brikenstock", "Birkenstok", "Bierkenstock" and other variations in Google. Related Video Hong Kong eyes blockbuster tech IPO lineup South Korean students dive into virtual coins Related News Noosa founder Koel Thomae found her dream in a spoon of yogurt U.S. stock funds attract most cash since 2014: Lipper Get a jump on the day with our early morning summary of key news developments for the US markets, as well as global market news. Register Today The latest Reuters articles on M&A, IPOs, private equity, hedge funds and regulatory updates delivered to your inbox each day. 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