Reuters - Daily Investor Update

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Monday, November 6, 2017

Exclusive: General Electric mulls options for aircraft leasing unit - sources

(Reuters) - General Electric Co is exploring options for its aircraft leasing operations, including the sale of all or part of the business, as Chief Executive John Flannery searches for new divestitures, according to people familiar with the matter.

Wall Street climbs to record highs amid merger talk

NEW YORK (Reuters) - U.S. stocks climbed to record highs on Monday amid optimism about merger activity and as investors bet that a Republican plan to cut corporate taxes would bolster earnings.

Exclusive: France's Lanvin in financial straits as sales slump - sources

PARIS (Reuters) - Auditors for Lanvin, France's oldest fashion house, have filed a warning with a commercial court in Paris over financial troubles at the label as it struggles to stem slumping sales, two sources familiar with the company's performance said.

Amazon discounts other sellers' products as retail competition stiffens

NEW YORK (Reuters) - Amazon.com Inc is cutting prices of products from third-party sellers on its website, moving beyond its more typical method of discounts on items it sells directly.

Siemens Gamesa to cut as many as 6,000 jobs

BERLIN (Reuters) - Siemens Gamesa said on Monday it plans to cut as many as 6,000 jobs worldwide as it braces for sales to plunge by as much as a fifth next year.

Fox held talks to sell most of company to Disney: CNBC

(Reuters) - Rupert Murdoch's Twenty-First Century Fox film and television conglomerate has held talks to sell most of the company to media giant Walt Disney Co, CNBC reported on Monday, citing unidentified people familiar with the matter.

Broadcom offers $103 billion for Qualcomm, sets up takeover battle

(Reuters) - Chip maker Broadcom Ltd made an unsolicited $103 billion bid for Qualcomm Inc on Monday, setting the stage for a major takeover battle as it looks to dominate the fast-growing market for semiconductors used in mobile phones.

Commerce chief Ross: Nothing improper about his Russia-tied investments

WASHINGTON (Reuters) - U.S. Commerce Secretary Wilbur Ross said on Monday he had done nothing wrong and did properly disclose his investments in a shipping firm that has significant business ties to Russian President Vladimir Putin's inner circle.

U.S. commerce chief Ross says nothing improper about investments: BBC reporter

LONDON (Reuters) - U.S. Commerce Secretary Wilbur Ross said there was nothing improper about his investments in a shipping firm with significant ties to Russian President Vladimir Putin's inner circle, a BBC journalist reported on Monday.

Russia's Sibur says had no direct dealings with Wilbur Ross

MOSCOW (Reuters) - Russian petrochemical holding Sibur said on Monday it had no direct dealings with U.S. Commerce Secretary Wilbur Ross and that its ties to its partners were not in breach of sanctions imposed on Russia over the Ukraine crisis.