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Wires

  • MOSCOW, Dec 15- Transneft said on Friday its computers had been used for the unauthorised manufacture, or "mining", of the cryptocurrency Monero but said the firm now had systems to prevent this happening again. Software for mining cryptocurrency were automatically downloaded from the web by a Transneft computer and was then deleted, spokesman Igor Demin told...

  • Dec 15- Private equity firm KKR is in exclusive talks to buy Unilever's margarine and spreads business, people familiar with the matter said on Friday, in a deal expected to top $7 billion. KKR prevailed in an auction for the business and could finalize a deal as early as this month, the sources said, asking not to be identified because the discussions are...

  • Dec 15- Wall Street was set to open higher on Friday, recovering from a bout of uncertainty surrounding the passage of the Republicans' much-awaited tax overhaul bill. The S&P 500 fell the most in a month on Thursday after Republican Senators Marco Rubio and Mike Lee declined to back the bill without changes to child tax credits. That's something that can easily be...

  • The move convinced Italy's largest pilot union to suspend a four-hour strike planned for Friday afternoon, but it was unclear if other unions would suspend strikes planned for next week in Ireland and Portugal. Investors also took fright at the potentially major change to the business model at Europe's largest low-cost carrier, with Ryanair shares down 7.6...

  • AMSTERDAM, Dec 15- The Netherlands launched an attempt to fund an offshore wind farm without subsidies on Friday, hoping to capitalize on a boom in renewable energy. The Dutch tender follows strong demand at wind farm auctions in Germany earlier this year- where some slots were granted without subsidies- although a Dutch official acknowledged that the...

  • The move convinced Italy's largest pilot union to suspend a four-hour strike planned for Friday afternoon, but it was unclear if other unions would suspend strikes planned for next week in Ireland and Portugal. Investors also took fright at the potentially major change to the business model at Europe's largest low-cost carrier, with Ryanair shares down 7.6...

  • Arla Foods, one of Europe's biggest dairy companies, says Chinese demand for premium products and high food safety standards in Denmark have helped it almost double its sales to China this year. Food safety has been an important issue in China since a 2008 scandal killed six infants who had been fed milk powder that had been adulterated with the toxic melamine,...

  • BEIJING, Dec 15- Chinese internet giant Tencent Holdings Ltd plans to invest 4.2 billion yuan in a 5 percent stake in Yonghui Superstores Co Ltd, the supermarket chain operator said on Friday. Tencent aims to acquire a combined 478.5 million shares at 8.81 yuan per share from Yonghui's two owners via its affiliate Linzhi Tencent Technology, Yonghui said in a...

  • You can keep single market membership, Barnier tells Britain, but you will keep paying Brussels and be bound by all EU rules including ones not yet made, without having a say on making them. EU leaders want to agree their common negotiating position on trade at a summit on March 22-23, allowing talks with Britain to start some weeks after that. Close neighbours do a...

  • OTTAWA, Dec 15- Canadian manufacturing sales unexpectedly fell 0.4 percent in October, pulled down by weak sales of autos and other transportation equipment, data from Statistics Canada indicated on Friday. In a more promising sign for the economy, new orders rose by 5.3 percent, the most since an 8.0 percent boost in April 2016, on increased demand for aerospace...

  • PARIS, Dec 15- The head of France's new anti-corruption agency says one-year old legislation designed to bolster the fight against corporate graft should be overhauled because he is almost powerless to go after foreign companies. France adopted the so-called Sapin 2 law in November last year. It enables companies to strike negotiated settlements with...

  • LONDON, Dec 15- Britain's deal to move ahead with a second phase of Brexit talks is positive but there will probably be more deadlocks in the negotiations for a trade deal with the European Union, ratings agency Moody's said. "The agreement between the EU and the UK on' phase one' withdrawal issues does not actually resolve many details, for instance around the Irish...

  • WASHINGTON— Factories in New York State grew more slowly this month as shipments rose and new orders slipped. The Federal Reserve Bank of New York said Friday that its Empire State Manufacturing index declined to 18 in December from 19.4 last month. The index is down from a three-year high of 30.2 last month.

  • *Rain due to reach dry Argentina belts in coming days. MANILA/ PARIS, Dec 15- U.S. soybeans ticked higher on Friday as the market steadied after an earlier two-month low fuelled by expectations of rain relief for dry parts of Argentina. The most active soybean futures on the Chicago Board of Trade were up 0.4 percent at $9.71-1/ 2 a bushel by 1319 GMT, after earlier...

  • LONDON, Dec 15- Barclays will upgrade its trading platform for all financial products traded on exchanges on Jan. 3, taking on more trade reporting duties on behalf of its clients ahead of new European market reforms, a spokesman for the bank said. Barclays is the latest bank to opt-in to' Systematic Internaliser' status under the EU's Markets in Financial...

  • JOHANNESBURG, Dec 15- South Africa's Independent Regulatory Board for Auditors is investigating Steinhoff's auditor following the retail group's disclosure of accounting irregularities, it said on Friday.

  • Dec 15- Acting CSX Corp Chief Executive Officer James Foote said on Friday he would run the No. 3 U.S. railroad in same manner as Hunter Harrison while its famed top executive is on medical leave due to an unspecified illness. On a conference call with analysts following the late Thursday announcement of Harrison's leave, Foote offered no timeline for Harrison's...

  • CSX Corp. says Hunter Harrison is on leave "due to unexpected complications from a recent illness." Operating Chief James Foote will serve as acting CEO of the Jacksonville, Florida- based company. In May The Wall Street Journal reported that Harrison often works from home and occasionally uses oxygen because of an undisclosed health issue.

  • LONDON, Dec 15- Copper came under pressure on Friday from profit-taking ahead of the holiday period, but expectations of strong demand in top consumer China after data showed firm industrial activity lent support to prices. "Copper is seeing some profit-taking, book-squaring, but it seems to have established a floor at $6,500 and fundamentals are pretty strong...

  • LONDON, Dec 15- Bankers may be given a cribsheet to help the industry push for close ties with the European Union following Brexit, according to a document drawn up for the organisation that promotes Britain as a financial centre. The document, reviewed by Reuters, points to growing concerns at the TheCityUK lobby group that its core messages on Brexit- that...