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Friday, December 8, 2017

Stock futures add to gains on strong November jobs data

(Reuters) - U.S. stock index futures extended gains on Friday after a Labor Department report showed job growth increased at a strong clip in November and wages rebounded.

JPMorgan, Citi not willing to support launch of bitcoin futures: FT

(Reuters) - Big Banks, including JPMorgan Chase and Citigroup will not immediately clear bitcoin trades for clients once Cboe Global Markets and CME Group start trading futures contracts in the cryptocurrency next week, the Financial Times reported, citing people familiar with the matter.

JPMorgan's Dimon taking customer pricing hints from Amazon

NEW YORK (Reuters) - JPMorgan Chase & Co expects to offer more price discounts to its banking customers who buy multiple products, similar to the way Amazon.com gives extras to its Prime subscribers, chief executive Jamie Dimon said on Thursday.

Exclusive: Bangladesh Bank, NY Fed discuss suing Manila bank for heist damages

DHAKA (Reuters) - Bangladesh's central bank has asked the Federal Reserve Bank of New York to join a lawsuit it plans to file against a Philippines bank for its role in one of the world's biggest cyber-heists, several sources said.

Toshiba, Western Digital aiming to settle chip dispute next week: sources

TOKYO (Reuters) - Toshiba Corp and Western Digital Corp have agreed in principle to settle a dispute over the Japanese firm's plans to sell its $18 billion chip unit and aim to have a final agreement in place next week, sources familiar with the matter said.

Steinhoff shares bounce off 14-year low in volatile trade

JOHANNESBURG (Reuters) - Steinhoff shares plunged another 50 percent on Friday, before recovering as traders booked profits on short positions taken out after the South African retailer disclosed accounting irregularities earlier this week.

Singapore's ComfortDelGro buys majority stake in Uber unit

(Reuters) - Singapore's top taxi operator ComfortDelGro Corp will buy a 51 percent stake in a unit of Uber [UBER.UL] that runs a fleet of private hire vehicles, as the companies seek to bridge the gap with dominant ride-hailing firm Grab.

Roche, Novartis' Italian heads risk trial for alleged market rigging: sources

ROME (Reuters) - The local heads of Swiss drugmakers Roche and Novartis risk facing trial in Italy for alleged market manipulation, judicial sources said on Friday.

RBS CEO says U.S. settlement could slip into next year: Bloomberg

LONDON (Reuters) - Royal Bank of Scotland's chances of reaching a deal this year with the U.S. Department of Justice over its mis-selling of toxic mortgage-backed securities are "diminishing", its chief executive said in a Bloomberg TV interview.

Lloyd's of London pushes ahead with Brexit plans

LONDON (Reuters) - Lloyd's of London [SOLYD.UL] will press ahead with plans to establish a foothold in the European Union regardless of progress in EU divorce talks that industry groups said was welcome but did little to dispel uncertainty.