NEW YORK-- YRC Worldwide's stock climbed Monday after the trucking company's union agreed to vote on extending an agreement that would help it refinance some debt. YRC, based in Overland Park, Kan., said that the International Brotherhood of Teamsters union vote will be completed by Jan. 8. YRC Worldwide Inc. has more than 26,000 union employees.» Read More
*Indonesia tin shipments up 28 percent in November. *Indonesia seeks way around ore export ban. Investors have become increasingly concerned about the proposed ban due to start next month on ore exports from top nickel producer Indonesia, despite signs that there may not be a complete cut-off in shipments.
Dec 9- McDonald's Corp on Monday reported another sluggish month of sales at established restaurants, results that suggest the famed hamburger chain is losing U.S. market share to rivals.
OVERLAND PARK, Kan.-- Restaurant franchisee NPC International Inc. said Monday that it has completed the acquisition of 53 Wendy's restaurants for $30.4 million. NPC is the world's largest Pizza Hut franchisee with 1,252 Pizza hut sites. They will be owned and operated by NPC's wholly-owned subsidiary, NPC Quality Burgers Inc..
Securities and Exchange Commission Republican member Daniel Gallagher told reporters on the sidelines of an event sponsored by the American Chamber of Commerce in Germany, held in Frankfurt.
WASHINGTON, Dec 9- The U.S. municipal bond market shrank to $3.686 trillion in the third quarter of the year, the smallest since the end of 2009, from $3.721 trillion in the second quarter of the year, according to Federal Reserve data released on Monday.
Dec 9- Struggling teen apparel retailer Abercrombie& Fitch Co said it will extend Chief Executive Mike Jeffries' contract by at least a year after it expires in February, days after a shareholder urged the company to replace him.
*Britain, France, German, Spain affected- union. PARIS, Dec 9- Airbus parent EADS plans to cut 5,800 European jobs in a three-year restructuring of its defence and space activities, the European aerospace group said on Monday.
NEW YORK, Dec 9- Stock markets worldwide rose on Monday and the euro climbed to a six-week high against the dollar after Chinese trade and inflation data boosted optimism about the global economy.
The FDA released documents about the device, called Watchman, ahead of a meeting on Wednesday of outside medical experts who will consider its risks and benefits and then recommend whether the FDA should approve the product for use in patients.
China's exports handily beat forecasts in November and an unexpected drop in consumer inflation eased fears of any imminent policy tightening, helping to sustain a rally in global shares which had been fuelled by estimate-beating jobs data from the United States on Friday.
*HSBC considering floating up to 30 pct of UK business- FT. LONDON, Dec 9- HSBC played down a report on Monday that it was considering listing a third of its British retail and commercial banking arm in order to meet UK regulation and unlock value for shareholders. The Financial Times on Monday said HSBC was considering selling 30 percent of its UK arm.
*Call comes after huge pro- Europe rally in Kiev. KIEV, Dec 9- Ukrainian President Viktor Yanukovich backed a call for talks with the opposition on Monday to end weeks of protests in Kiev, but tension was high with pro- Europe demonstrators barricading their protest camp in preparation for police intervention.
The Linens' N Things brand has been sold to Galaxy Brand Holdings for an undisclosed amount, the companies involved said Monday. Investment firms Hilco Consumer Capital and Gordon Brothers Brands acquired the brand in 2009, and it was re-launched as an online retailer of home goods.
CALGARY, Alberta, Dec 9- Transcanada Corp said on Monday that it has begun filling its new 700,000 barrel per day Gulf Coast pipeline with oil but gave no indication on when it expects the line to begin commercial service.
Baker Hughes Inc. Senior Vice President and Chief Financial Officer Peter Ragauss plans to retire by 2014' s end. Ragauss has worked for the Houston company for eight years. Shares of the oilfield services company fell 30 cents to $53.54 in midday trading.
Dec 9- U.S. fertilizer company Mosaic Co said on Monday that it would buy back about 10 percent of its outstanding stock in a roughly $2 billion purchase from the Margaret A. Cargill Foundation and the Anne Ray Charitable Trust over the next eight months. In late-morning trading, however, Mosaic shares slipped 1 percent in New York to $46.31, touching a one-month low.
Brent futures fell by as much as $1.70 a barrel to a low of $109.91 before recovering somewhat to trade around $110.13 by 11:05 a.m. EST, down sharply from Friday's close at $111.61. Brent fell close to the 100- day moving average of $109.70 while its premium over U.S. oil narrowed by more than $1.50 to $12.41, its smallest gap in two weeks.
PLYMOUTH, Minn.-- The Mosaic Company, which produces fertilizer and animal feed ingredients, said Monday it has reached an agreement to repurchase 43.3 million shares of its stock from the Margaret A. Cargill Foundation and Anne Ray Charitable Trust.
LAGUNA NIGUEL, Calif.-- An Olympic gold medal won by Jesse Owens at the 1936 Berlin Games has sold for a record $1.4 million in an online auction. SCP Auctions said Pittsburgh Penguins co-owner Ron Burkle paid $1,466,574, the highest price for a piece of Olympic memorabilia.
TOLEDO, Ohio-- Typewriters and a desk from the home of the original author of the Nancy Drew mystery books, along with a book detailing how the series was created, were auctioned in Ohio on Sunday.