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  • NIGERIAN OIL UNION PENGASSAN SUSPENDS NATIONWIDE STRIKE- UNION PRESIDENT.

  • The trend has been gaining traction as the companies that operate malls look for ways to keep people coming in at a time when Macy's, Sears and other big department store chains have shuttered hundreds of stores and consumers increasingly opt to shop online. "The mix of uses at our malls is changing," said Stephen Lebovitz, CEO of mall owner CBL Properties.

  • SOCHI, Russia, Dec 18- A global deal to cut oil production could be extended beyond 2018, Pavel Fedorov, first vice-president of Russia's largest oil producer Rosneft said on Monday, presenting the company's strategy through to 2022.. The Organization of the Petroleum Exporting Countries and other large oil producers led by Russia agreed last month to extend...

  • NEW YORK, Dec 18- Oil prices edged higher on Monday, supported by a North Sea pipeline outage and a workers' strike in the Nigerian energy industry. were up 27 cents at $63.50 a barrel at 11:45 a.m. EST. "The Forties pipeline outage is continuing to be supportive of the market," said John Kilduff, partner at Again Capital.

  • PARIS, Dec 18- Shares in French defence electronics maker Thales jumped more than 8 percent on Monday after chipmaker Gemalto accepted its 4.8 billion euro takeover bid to create a leader in digital security. Thales shares closed up 8.25 percent at 93.40 euros, while Amsterdam- listed Gemalto's shares ended 5.6 percent higher at 49.47 euros, just below Thales' 51...

  • U.S. 30- YEAR TREASURY YIELD RISES TO SESSION HIGHS AS YIELD CURVE STEEPENS.

  • Dec 18- Belgian frozen foods company Greenyard NV is exploring an acquisition of Dole Food Co, a U.S. fruit and vegetable producer that could be valued at more than $2.5 billion, including debt, people familiar with the matter said on Monday. California- based Dole has also been considering a potential initial public offering, but a deal with Greenyard could...

  • The other came from an " Ad-Hoc Group" of unsecured bondholders, including about 40 investors from the United States, Europe and Asia. "Indeed, the debtors recently received proposals from each of Barclays and the Ad Hoc Group," Seadrill said in the court documents filed last Friday. Seadrill said it would continue to engage with both Barclays and the Ad Hoc Group "in...

  • BUFFALO, N.Y.— Robert G. Wilmers, the longtime chairman and chief executive of M&T Bank Corp., has died. The Buffalo- based company says the 83- year-old banker died suddenly and unexpectedly at his New York City home late Saturday. Wilmers was also the co-owner of New England Newspapers, Inc., which in 2016 purchased The Berkshire Eagle in Massachusetts and in...

  • ROME— Italy's populist candidate for premier says he'd back an Italian exit from the euro currency zone if it were proposed in a "last-resort" referendum. Luigi Di Maio, a 5- Star Movement lawmaker, told private TV La7 Monday he hopes negotiations with Brussels if his party comes to power would lead to changes in the eurozone rules that would make a referendum...

  • NEW YORK, Dec 18- Berkshire Hathaway Inc's stock price touched $300,000 for the first time on Monday, reflecting investors' confidence in Warren Buffett's conglomerate despite four straight quarters of lower operating profit. Crossing the $300,000 threshold put Berkshire's Class A shares up 22.9 percent for the year, compared with a 20 percent gain in the...

  • The FTSE 100 was up 0.6 percent, restrained by a rising pound, while the pan-European STOXX 600 rose by twice as much, up 1.2 percent. A strong currency typically cuts revenues for the international companies that dominate the FTSE 100 and do much of their business outside the UK. The FTSE 250, made up of smaller constituents and more focused on the UK economy, was up...

  • *Record highs on Wall St, driven by tax bill hopes, M&A flurry. NEW YORK, Dec 18- Top world stock markets climbed to record highs on Monday as U.S. Leading Republicans said they expected Congress to vote as early as Tuesday on the bill, which would become the biggest U.S. tax code overhaul in more than three decades if approved.

  • BUENOS AIRES, Dec 18- Argentina's Congress could pass a hotly debated pension reform measure on Monday, lawmakers told reporters, as stone-throwing demonstrators gathered in the capital and the country's main union called a 24- hour general strike to protest the proposal. The day-long strike called by Argentina's main CGT labor group started at noon local...

  • PBS is firing back at Tavis Smiley, finding inconsistencies in the suspended TV host's defense in the face of allegations he had sexual relationships with subordinates and created an abusive workplace environment. Says PBS: " Tavis Smiley needs to get his story straight." PBS says it stands by the integrity of the investigation by a law firm that uncovered "...

  • WASHINGTON— The Senate Finance Committee chairman on Monday rejected as "categorically false" a report that Republican Sen. Bob Corker of Tennessee was responsible for a provision in the final tax bill that could help him financially. These types of companies can reduce their taxable income by 20 percent, but the Senate bill had only permitted them to do so if...

  • SANTIAGO, Dec 18- Conservative billionaire Sebastian Pinera trounced his center-left opponent in Chile's presidential runoff on Sunday, causing markets to jump on Monday in hopes of more business-friendly policies. He says his policies would double Chile's economic growth and eliminate poverty by 2025.. -Pinera wants to revitalize and increase...

  • VANCOUVER/ BENGALURU, Dec 18- Northern Dynasty Minerals said on Monday it had found a potential partner to help develop its Pebble mine in Alaska, breathing new life into the world's biggest undeveloped gold and copper project in the face of strong opposition from environmentalists. Shares of Vancouver- based First Quantum, which is developing a large copper...

  • LAGOS, Dec 18- A major Nigerian oil union said on Monday it would suspend a nationwide strike after securing worker demands through dispute resolution with the government and an oil firm. The Petroleum and Natural Gas Senior Staff Association of Nigeria, whose members are mostly managers in the upstream oil industry, began industrial action on Monday over...

  • *Merger Monday sees deals worth over $11 bln signed so far. *Amplify Brand jumps after Hershey's $1.6 bln buyout offer. Republicans Senators on Sunday said they expected Congress to pass the tax bill this week, with a Senate vote set for Tuesday and President Donald Trump expected to sign the bill into law by the end of the week.