BAT agrees to buy Reynolds for $49 billion

LONDON (Reuters) – British American Tobacco has agreed a $49.4 billion takeover of U.S. rival Reynolds American Inc , creating the world’s biggest listed tobacco company after it increased an earlier offer by more than $2 billion.

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BAT agrees to buy Reynolds for $49 billion

Trump, Brexit uncertainty hit stocks and dollar, gold jumps

LONDON (Reuters) – Stocks, bond yields and the dollar fell on Tuesday, while gold rose as investors drew in their horns in response to comments on the dollar from U.S. President-elect Donald Trump and ahead of a speech on Brexit from British Prime Minister Theresa May.

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Trump, Brexit uncertainty hit stocks and dollar, gold jumps

Exclusive – Global ship insurers to resume near full coverage for Iran oil: officials

TOKYO/SINGAPORE (Reuters) – Global shipping insurers have devised a way to ensure nearly full coverage for Iranian oil exports from next month after striking a deal to provide cover without involving U.S.-domiciled reinsurers, officials in Tokyo and London said.

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Exclusive – Global ship insurers to resume near full coverage for Iran oil: officials

Carlyle to become largest shareholder in South Africa’s Global Credit Ratings

LONDON (Reuters) – Carlyle Group has agreed to become the largest shareholder in Johannesburg-based Global Credit Ratings (GCR), the U.S. buyout fund said on Tuesday, looking to broaden the pan-African ratings agency’s services.

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Carlyle to become largest shareholder in South Africa’s Global Credit Ratings

Rolls-Royce jumps on profit upgrade and bribery settlement

LONDON (Reuters) – Shares in Rolls-Royce climbed 5 percent on Tuesday after the British aero-engine maker settled a long-running bribery probe and said that 2016 profit would beat expectations.

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Rolls-Royce jumps on profit upgrade and bribery settlement

Luxottica’s Del Vecchio says listing in both Italy and France still an option: report

(Reuters) – The group created by the merger of Italy’s Luxottica and France’s Essilor will consider a listing in both Italy and France, as well as the United States, Luxottica founder Leonardo del Vecchio was quoted as saying on Tuesday.

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Luxottica’s Del Vecchio says listing in both Italy and France still an option: report

BAT agrees terms to buy Reynolds for $49.4 billion

LONDON (Reuters) – British American Tobacco has agreed a $49.4 billion takeover of U.S. rival Reynolds American Inc , creating the world’s biggest listed tobacco company after it nudged up an earlier offer by more than $2 billion.

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BAT agrees terms to buy Reynolds for $49.4 billion

Toyota Motor to start testing fuel cell vehicles in UAE

TOKYO (Reuters) – Toyota Motor Corp on Tuesday said it would begin testing its hydrogen fuel cell vehicle (FCV) in the United Arab Emirates as the Japanese automaker explores the potential for the zero-emissions fuel technology in hot, dry conditions.

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Toyota Motor to start testing fuel cell vehicles in UAE

Hyundai Motor to boost U.S. investment as automakers respond to Trump

SEOUL (Reuters) – The Hyundai Motor Group said it plans to boost U.S. investment by 50 percent to $3.1 billion over five years and may build a new U.S. factory – the latest auto firm to announce fresh investment after threats from President-elect Donald Trump to tax imports.

Hyundai Motor to boost U.S. investment as automakers respond to Trump

Pound quivers near three-month low, stocks weak before May’s Brexit stance speech

TOKYO (Reuters) – The pound hovered near three-month lows versus the dollar on Tuesday and stocks were mostly weaker as investors waited for British Prime Minister Theresa May to lay out plans to exit the European Union amid fears Britain will lose access to the single market.

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Pound quivers near three-month low, stocks weak before May’s Brexit stance speech

Honda says Takata airbag ruptured in Japan, caused minor injury

TOKYO (Reuters) – Honda Motor Co said on Tuesday that an air bag made by Takata Corp had ruptured in one of its cars in Japan, resulting in a minor injury to the car’s driver.

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Honda says Takata airbag ruptured in Japan, caused minor injury

Buffett’s Berkshire Hathaway wins reinsurance licence in Malaysia

KUALA LUMPUR (Reuters) – Warren Buffett’s Berkshire Hathaway has won a licence to provide reinsurance services in Malaysia, the billionaire investor’s group said, as it expands operations in Asia.

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Buffett’s Berkshire Hathaway wins reinsurance licence in Malaysia

Trump calls corporate tax border adjustment ‘too complicated’: WSJ

(Reuters) – U.S. President-elect Donald Trump says the border adjustment provision, a feature of House Republicans’ corporate-tax plan, is “too complicated”, the Wall Street Journal reported on Monday.

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Trump calls corporate tax border adjustment ‘too complicated’: WSJ

GM’s Cadillac sees double digit sales growth in China this year

BEIJING (Reuters) – Cadillac, General Motors Co’s luxury brand, is predicting a double digit growth rate in China sales this year, the brand’s country chief Andreas Schaaf told Reuters on Tuesday.

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GM’s Cadillac sees double digit sales growth in China this year

Oil prices mixed on Saudi commitment to cut output, investor scepticism

SINGAPORE (Reuters) – Oil markets were mixed on Tuesday, supported by Saudi Arabia saying it would strictly adhere to a commitment to cut output, but held back by scepticism in financial markets that oversupply would be curbed.

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Oil prices mixed on Saudi commitment to cut output, investor scepticism

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