Reuters - Daily Investor Update

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Thursday, December 14, 2017

World stocks lower; U.S. Treasury yield gap shrinks

NEW YORK (Reuters) - World shares were lower on Thursday after concern from investors over potential obstacles to Republican's tax overhaul and a slate of policy meetings from major central banks in Europe.

Oil prices up slightly on pipeline outage support

NEW YORK (Reuters) - Oil prices rose almost 1 percent on Thursday as a pipeline outage in Britain continued to support prices despite forecasts showing global crude surplus in the beginning of next year.

Airbus planemaking chief Bregier to step down -sources

PARIS (Reuters) - Airbus planemaking chief Fabrice Bregier is leaving the aerospace group after losing a long-running power battle with Chief Executive Tom Enders, three sources familiar with the matter said on Thursday.

Leadership of New York Times passes to next-generation Sulzberger

NEW YORK (Reuters) - The New York Times on Thursday named a new publisher in 37-year-old A.G. Sulzberger, a fifth-generation descendant of Times leaders whose internal report on innovation has guided a newspaper known as "The Gray Lady" into the digital era.

Wall Street ends down; investors worry about tax bill passage

NEW YORK (Reuters) - U.S. stocks ended lower on Thursday as investors worried about potential roadblocks to Republicans' tax overhaul, offseting their optimism over strong retail sales data.

Disney buying Fox film, TV units for $52 billion in digital push

(Reuters) - Walt Disney Co has struck a deal to buy film, television and international businesses from Rupert Murdoch's Twenty-First Century Fox Inc for $52.4 billion in stock, giving the world's largest entertainment company an arsenal of shows and movies to combat growing digital rivals Netflix Inc and Amazon.com Inc.

Trump supports deal for Disney to acquire Fox film, TV units: White House

WASHINGTON (Reuters) - President Donald Trump supports the deal that Walt Disney Co has struck to buy film, television and international businesses from Rupert Murdoch's Twenty-First Century Fox Inc, the White House said on Thursday.

Delta Air Lines to place order for Airbus jets

NEW YORK (Reuters) - Delta Air Lines said on Thursday it will place a firm order for 100 Airbus A321neo jets and an optional order for 100 of the aircraft.

Airbus Helicopters chief Faury to run planes unit: sources

PARIS (Reuters) - Airbus Helicopters Chief Executive Guillaume Faury will replace Fabrice Bregier as head of the main Airbus planemaking division, two sources familiar with the decision said on Thursday.

Teva Pharm to lay off a quarter of workforce, suspends dividend

TEL AVIV (Reuters) - Teva Pharmaceutical Industries is to cut its workforce by more than a quarter, give up many of its manufacturing plants and suspend its dividend on ordinary shares in a much-anticipated overhaul to help pay off its debts.