Reuters - Business Today

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Monday, December 4, 2017

Exclusive: EU set to approve easyJet purchase of parts of Air Berlin - sources

BRUSSELS/LONDON (Reuters) - British budget airline easyJet is set to win unconditional EU antitrust approval to buy parts of failed German peer Air Berlin , people familiar with the matter said on Monday.

CVS Health to acquire Aetna for $69 billion in year's largest acquisition

(Reuters) - U.S. drugstore chain operator CVS Health Corp said on Sunday it had agreed to acquire U.S. health insurer Aetna Inc for $69 billion, seeking to tackle soaring healthcare spending through lower-cost medical services in pharmacies.

Broadcom set to unveil challenge to Qualcomm's board: sources

(Reuters) - Chipmaker Broadcom Ltd will take its first formal step on Monday toward a hostile bid to take over Qualcomm Inc , unveiling nominees whom Qualcomm shareholders can vote on to replace the U.S. semiconductor company's board of directors, according to people familiar with the matter.

Tax deal sends dollar surging, preps U.S. stocks for strong day

LONDON (Reuters) - The dollar jumped on Monday versus the currencies of other developed and emerging nations while Treasury yields rose and Wall Street was primed for a another record-setting day after the U.S. Senate voted to approve a wide-ranging tax overhaul.

UK pushing to include Bitcoin under money-laundering rules

LONDON (Reuters) - Britain wants to increase regulation of Bitcoin and other digital currencies by expanding the reach of European Union anti-money-laundering rules that force traders to disclose their identities and report suspicious activity.

Confusion reigns as banks scramble to price FX, bond research under EU markets revamp

LONDON (Reuters) - How much are you worth? For the FX and bond analysts covering the world's biggest markets, how much to charge for their time and research remains in question just a month away from sweeping new rules that require fund managers to pay for these services.

Global air passenger traffic demand up 7.2 percent in October: IATA

Global demand for air travel climbed 7.2 percent in October, rebounding after September was disrupted by hurricanes, the International Air Transport Association (IATA) said on Monday.

Dialog shares tumble on warning Apple could build its own chips

LONDON/FRANKFURT (Reuters) - Dialog Semiconductor said on Monday top customer Apple could build its own power-management chips into future iPhones rather than rely on the Anglo-German chipmaker, sending its shares plunging as much as 19 percent.

French bank Natixis bets on fixed-income, equity derivatives to grow Asia sales

HONG KONG (Reuters) - Natixis SA aims to boost Asia's share of its corporate and investment banking sales to more than 15 percent over the next couple of years, as the French bank expands in areas such as fixed-income and equity derivatives, its chief executive said.

Saudi Arabian exchange enlists Nasdaq to turbocharge technology

DUBAI (Reuters) - Saudi Arabia's Stock Exchange said on Monday it has hired U.S. group Nasdaq to replace its 16-year-old registry, depository and settlement infrastructure as it tackles challenges including the forthcoming listing of Saudi Aramco.