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December 15, 2019
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Uber submits appeal to regain London taxi license

Reuters
LONDON (Reuters) – Uber submitted an appeal on Friday against a decision by London’s transport regulator to strip the taxi app of its right to operate in one its most important markets, setting up a potentially lengthy legal process during which it can continue to take rides. FILE PHOTO: A...
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Facebook, privacy activist Schrems battle nears end on Dec. 19

Reuters
BRUSSELS (Reuters) – Austrian privacy activist Max Schrems’ seven-year battle against Facebook reaches a crucial point on Dec. 17 when an adviser to Europe’s top court will issue his view on whether tools used by companies to transfer data abroad are legal or not. FILE PHOTO: Facebook logos are seen...
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Global shares gain, oil rises, but caution lingers on U.S.-China deal

Reuters
NEW YORK (Reuters) – Global equity markets and oil prices rose on Friday after China and the United States agreed on an initial trade deal that rolls back some U.S. tariffs in exchange for China’s increased purchase of farm goods, coming just ahead of a deadline for a new round...
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Oil nears three-month high as trade hopes, UK election boost sentiment

Reuters
NEW YORK (Reuters) – Oil rose on Friday to its highest in nearly three months as investors cheered progress in resolving the U.S.-China trade dispute and a decisive general election result in Britain. FILE PHOTO: Oil pump jacks work at sunset near Midland, Texas, U.S., August 21, 2019. Picture taken...
Reuters - Business

Shares and sterling leap on trade and Brexit boosts

Reuters
LONDON (Reuters) – Stock markets and sterling gained on Friday as U.S.-China trade hopes and an election win for Britain’s Brexit-backing Conservative Party cleared two of the clouds on the global investment horizon. The relief undercut safe-haven sovereign bonds and the Japanese yen and led markets to scale back expectations...
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Oil hits three-month high as trade hopes, UK election lift sentiment

Reuters
LONDON (Reuters) – Oil rose on Friday to its highest in nearly three months as progress in resolving the U.S.-China trade dispute and Britain’s general election result appeared to lift two clouds that have been dampening investor appetite for risk. FILE PHOTO: Oil pump jacks work at sunset near Midland,...
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Qantas selects Airbus over Boeing for world’s longest flights

Reuters
SYDNEY (Reuters) – Australia’s Qantas Airways (QAN.AX) picked Airbus SE (AIR.PA) over Boeing Co (BA.N) as the preferred supplier for jets capable of the world’s longest commercial flights from Sydney to London, dealing the U.S. planemaker its latest setback this year. FILE PHOTO: Workers are seen near Qantas Airways, Australia’s...
Reuters - Business

Shares and sterling soar after trade and Brexit boosts

Reuters
LONDON/SYDNEY (Reuters) – Shares already trading at record highs piled on the gains and the pound soared on Friday as a last-gasp Sino-U.S. trade deal and a thumping election win by Britain’s Conservative Party cleared two of the darkest clouds on the global investment horizon. FILE PHOTO: Traders looks at...
Reuters - Business

Stocks glimpse a brighter future as global clouds lift

Reuters
SYDNEY (Reuters) – Asian shares scaled eight-month peaks on Friday as a last-gasp Sino-U.S. trade deal and a likely major election win by Britain’s Conservative Party looked to have cleared a couple of dark clouds from the global horizon. FILE PHOTO: A woman points to an electronic board showing stock...
Reuters - Business

Oil prices hit highest in three months as U.S.-China trade deal takes shape

Reuters
SINGAPORE (Reuters) – Oil prices extended gains on Friday, scaling three-month highs as the United States and China moved closer to a resolution to the 18-month trade war between the world’s two biggest economies that has raised big questions about global demand for crude. FILE PHOTO: Oil pump jacks work...
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Asian stocks see brighter world as trade, UK clouds lift

Reuters
SYDNEY (Reuters) – Asian share markets jumped on Friday as a last-gasp Sino-U.S. trade deal and a likely major election win by Britain’s Conservative Party looked to have cleared a couple of dark clouds from the global horizon. FILE PHOTO: A woman points to an electronic board showing stock prices...
Reuters - Business

Airbus beats Boeing to become preferred supplier for Qantas Sydney-London flights

Reuters
SYDNEY (Reuters) – Qantas Airways Ltd (QAN.AX) said on Friday is has chosen Airbus SE (AIR.PA) as preferred supplier for jets capable of the world’s longest commercial flights from Sydney to London, beating rival Boeing Co (BA.N) after a hard-fought contest. FILE PHOTO: Workers are seen near Qantas Airways, Australia’s...
Reuters - Business

Facebook pledges $130 million to content oversight board, delays naming members

Reuters
SAN FRANCISCO (Reuters) – Facebook said on Thursday it committed an initial $130 million to fund an independent oversight board, but said it would not announce its members this year, as originally expected. FILE PHOTO: Silhouettes of laptop users are seen next to a screen projection of a Facebook logo,...
Reuters - Business

Stocks near record highs, pound wavers before election result

Reuters
LONDON (Reuters) – World shares took another run at record highs on Thursday, as the right messages from the U.S. Federal Reserve set traders up for a packed day of central bank meetings and a Brexit-defining election in Britain. FILE PHOTO: People check their mobile phones as they stand outside...
Reuters - Business

Oil prices rise on OPEC deficit forecast

Reuters
TOKYO (Reuters) – Oil prices rose on Thursday, recouping some of the losses from the previous session that followed a surprise increase in U.S. crude inventories, as the market mood switched to relief after OPEC forecast a supply deficit next year. FILE PHOTO: Pumpjacks are seen during sunset at the...
Reuters - Business

Global stocks test record highs, pound braces for election all-nighter

Reuters
LONDON (Reuters) – World shares took a fresh run at record highs on Thursday, as all the right messages from the U.S. Federal Reserve set traders up nicely for a packed day of milestone central bank meetings and a Brexit-defining election in Britain. FILE PHOTO: A man looks on in...

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