Monday, 14 December 2020

S&P 500 ends down, Walt Disney weighs

S&P 500 ends down, Walt Disney weighs

(Reuters) -The S&P 500 ended lower on Monday, weighed down by Walt Disney, while Alexion Pharmaceuticals jumped on a $39 billion buyout offer from AstraZeneca in one of the year's biggest deals.

California urges court to compel Amazon to comply with coronavirus probe

(Reuters) -California Attorney General Xavier Becerra on Monday petitioned a court to force Amazon.com Inc to comply with outstanding subpoenas over a state investigation into its handling of the coronavirus pandemic.

Stocks mixed but Brexit hopes boost Euro, Pound

NEW YORK (Reuters) -Global stock markets were mixed on Monday as the start of the COVID-19 vaccine roll-out in the United States offered some respite to investors, but spikes in infection and death rates tempered optimism.

Adidas exploring strategic options, including sale, for Reebok

(Reuters) -German sportswear maker Adidas AG said on Monday it is considering strategic options, including a potential sale, for Reebok, 15 years after it bought the U.S.-focused brand to take on archrival Nike Inc on its home turf.

Airbus urges compromises on Brexit, transatlantic tariffs

MONTREAL/PARIS (Reuters) -The head of European planemaker Airbus called for an end to separate diplomatic squabbles over Britain's exit from the European Union and a transatlantic aircraft subsidy dispute that collectively overshadow its business.

BlackRock raises tactical outlook on equities to "overweight"

The BlackRock Investment Institute said on Monday it upgraded its 6-12 months asset class outlook on equities to "overweight".

Dollar falls, sterling jumps as Brexit deal hopes lift risk appetite

(Reuters) -The dollar hovered near two-year lows on Monday as riskier currencies got a boost from progress on COVID-19 vaccines and the possibility of a U.S. coronavirus relief plan.

UAW agrees to independent oversight to resolve U.S. corruption inquiry

The U.S. Attorney's Office in Detroit said Monday the United Auto Workers (UAW) union has agreed to independent oversight to resolve a five-year federal corruption investigation that ensnared two former UAW presidents.

Exxon Mobil, under pressure on climate, aims to cut emissions intensity by 2025

Oil major Exxon Mobil Corp, under increasing pressure from investors and climate change campaigners, said on Monday it planned to reduce its greenhouse gas emissions over the next five years.

Boeing inspecting 787 fuselages for previously disclosed defects

SEATTLE (Reuters) -Boeing Co quality inspections related to previously disclosed production flaws in its 787 Dreamliner found the same issue in other parts of the jet, the company said on Monday.

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