| | | Futures rise as tax overhaul bill nears passage | | | (Reuters) - U.S. stock futures pointed to strong gains for Wall Street on Wednesday after the Senate approved a sweeping $1.5-trillion tax bill, taking President Donald Trump closer to his first legislative victory. |
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| | | Amazon's allure may be tough to top this holiday: poll | | | CHICAGO/NEW YORK (Reuters) - More U.S. online shoppers plan to give Amazon.com Inc the bulk of their holiday business this year than in previous years, according to a Reuters/Ipsos opinion poll, despite costly efforts by traditional retailers to attract customers to their websites. |
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| | | Streaming music market picks up tempo ahead of Spotify IPO | | | LONDON (Reuters) - Subscription music leader Spotify is set to capitalize next year on the rude health of the industry with a stock market flotation, even as competitors race to find fresh ways to outflank it by catering to often fickle consumer tastes. |
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| | | Exclusive: KPMG partners face court contempt over China audit | | | BEIJING (Reuters) - Several current and former KPMG partners are facing contempt proceedings in a Hong Kong court, as liquidators for a failed U.S.-listed Chinese company step up their action against the auditor over its refusal to produce Chinese working papers. |
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| | | Wells Fargo wants to finance metal trade in test of new rule | | | WASHINGTON (Reuters) - Wells Fargo & Co has asked its main regulator if it may buy platinum and lease it to a client in a test of a new rule meant to limit banks' exposure to volatile commodity markets, people familiar with the matter told Reuters. |
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| | | France fines J&J 25 million euros over painkiller patch | | | PARIS (Reuters) - France's competition authority fined U.S. healthcare group Johnson & Johnson 25 million euros ($29.62 million) on Wednesday after it found the company had deliberately slowed market access to generic copies of its painkiller Durogesic. |
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| | | Hedge fund Knight Vinke lifts stake in M&A target Uniper | | | FRANKFURT (Reuters) - Hedge Fund firm Knight Vinke has increased its holding in Germany's Uniper to 5.02 percent, adding it would not tender that stake to Finland's Fortum as part of a 8.05 billion euro ($9.5 billion) takeover offer. |
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