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Monday, October 2, 2017

Dollar surges as Fed talk boosts Treasury yields

LONDON (Reuters) - The dollar soared on Monday as U.S. Treasury yields hit their highest level since mid-July, while Spanish borrowing costs rose and stocks fell as a violent police crackdown on an independence vote in Catalonia rattled investors.

U.S. casino stocks fall following mass shooting in Las Vegas

(Reuters) - Shares of Las Vegas casino operators fell as much as 5 percent in premarket trading on Monday after a gunman killed at least 50 people and wounded 200 others in a mass shooting on the Las Vegas strip.

Exclusive: Uber's UK boss quits as firm battles to keep London license - email

LONDON (Reuters) - Uber's [UBER.UL] top boss in Britain will quit the taxi hailing app just as the firm battles to overturn a decision to strip it of its license in London, according to an email seen by Reuters.

OMERS buys landmark Berlin property Sony Center for 1.1 billion euros

FRANKFURT (Reuters) - Canadian pension fund OMERS and U.S. buyout group Madison are acquiring Berlin's landmark property Sony Center from Korea's national pension fund NPS for 1.1 billion euros ($1.3 billion), the companies said on Monday.

Uber’s path to win back London: data, fines and fees

(Reuters) - If history is a guide, Uber Technologies new Chief Executive Dara Khosrowshahi is likely to dangle data sharing and a promise to pay fines and fees when he sits down with London officials to negotiate the ride service's future in one of its most important markets.

Oil falls to below $56 on signs of higher output

LONDON (Reuters) - Oil fell more than $1 a barrel to below $56 on Monday as a rise in U.S. drilling and higher OPEC output put the brakes on a rally that saw prices score their biggest third-quarter gain in 13 years.

Chubb expects Hurricane Maria-related third quarter insurance losses of $200 million

(Reuters) - Property and casualty insurer Chubb Ltd on Monday estimated that the maximum net insurance and net reinsurance losses related to Hurricane Maria would be about $200 million after tax for the third quarter.

Drugs firm AstraZeneca wants three-year Brexit transition

STOCKHOLM (Reuters) - British pharmaceuticals giant AstraZeneca wants a transition period of at least three years when Britain leaves the European Union in 2019 and more clarity on what will happen in the longer term, its chairman said on Monday.

Disney, Altice reach deal that avoids ESPN blackout

LOS ANGELES (Reuters) - Walt Disney Co and cable operator Altice USA reached a tentative programing deal that keeps ESPN and other networks in the homes of millions of New York-area pay TV customers, the companies said in a statement on Sunday.

Britain will lobby U.S., Canada over Bombardier dispute: Hammond

MANCHESTER, England (Reuters) - Finance minister Philip Hammond said on Monday Britain would continue to lobby the United States over a trade dispute with Canadian planemaker Bombardier , but said there were limits to what it could achieve.