Investors flee stocks for bonds, gold as U.S. tax cut hopes fade
LONDON (Reuters) - World stocks were set for a second day of losses on Friday after an exodus of U.S. executives from presidential business councils dealt a fresh blow to hopes of tax reform, hammering Wall Street and filtering through to Asia and Europe.
Former Uber CEO says investor lawsuit a 'public and personal attack'
SAN FRANCISCO (Reuters) - The ousted chief executive of Uber Technologies Inc [UBER.UL] rejected a lawsuit filed against him by one of the company's top investors as a "public and personal attack" without merit, according to court documents filed late on Thursday.
Exclusive: India threatens Philip Morris with 'punitive action' over alleged violations
NEW DELHI (Reuters) - The Indian government has threatened Philip Morris International Inc with "punitive action" over the tobacco giant's alleged violation of the country's anti-smoking laws, according to a letter sent to the company by the federal health ministry.
Ukraine central bank warns of new cyber-attack risk
KIEV (Reuters) - The Ukrainian central bank said on Friday it had warned state-owned and private lenders of the appearance of new malware as security services said Ukraine faced cyber attacks like those that knocked out global systems in June.
Wisconsin bill giving $3 billion incentives to Foxconn advances
(Reuters) - Wisconsin's Republican-controlled state Assembly voted 59-30 on Thursday to approve a bill that paves the way for a $3 billion incentives package for a proposed liquid-crystal display plant by Taiwan's Foxconn.
Exclusive: SEC officials' holdings, legal work, pose potential conflicts
WASHINGTON (Reuters) - Two lawyers appointed to senior jobs at the U.S. Securities and Exchange Commission have ties to major companies including financial firms Goldman Sachs Group Inc
and Wells Fargo & Co that could complicate efforts to regulate them, according to government documents viewed by Reuters.
Australia puts multinationals on notice after Chevron drops tax appeal
MELBOURNE (Reuters) - Chevron Corp
has withdrawn an appeal to Australia's High Court over a disputed A$340 million ($268 million) tax bill, leaving in place a landmark court ruling on related-party loans that could affect other multinational companies.
Auto groups side with Canada, Mexico on NAFTA origin rules
WASHINGTON (Reuters) - Auto industry groups from Canada, Mexico and the United States are pushing back against the Trump administration's demand for higher U.S. automotive content in a modernized North American Free Trade Agreement.
Union says Air Berlin's Niki Airlines future is unclear
VIENNA (Reuters) - Union representatives of insolvent Air Berlin's
Austrian unit Niki Airlines said its future was unclear and they hoped for support from the Austrian government if it runs out of money.
U.S. pension funds sue Goldman, JPMorgan, others over stock lending market
(Reuters) - Three U.S. pension funds sued six of the world's largest banks on Thursday, including Goldman Sachs Group Inc
and JP Morgan Chase & Co , accusing them of conspiring to stifle competition in the more than $1 trillion stock lending market.