Lufthansa cancels 35 flights on Sunday

Germany's biggest airline Lufthansa has canceled 35 flights on Sunday as the fallout from a four-day strike by pilots over pay spilled into a fifth day. “Almost all LH (Lufthansa) flights will operate according to schedule tomorrow. A spokesman also denied an unsourced report in Frankfurter Allgemeine Zeitung that said the airline had considered going insolvent to rid itself of the costly labor

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Lufthansa cancels 35 flights on Sunday

Siemens is well placed to adapt business in U.S.: CEO

German trains-to-turbines group Siemens is well placed to do business in the United States, regardless of whether President-elect Donald Trump backs fossil-fuels at the expense of renewable energy, its CEO told a newspaper. Steam power plants that are powered by coal, state-of-the-art gas-fired power plants, wind energy, we can build solar parks and the necessary link to the power grid,” Joe Kaeser …

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Siemens is well placed to adapt business in U.S.: CEO

Saudi wants OPEC to solve own problems before meeting non-OPEC

DUBAI/LONDON (Reuters) – Top OPEC oil exporter Saudi Arabia has told the producer group it will not attend talks on Monday with non-OPEC producers to discuss limiting supply, OPEC sources said, as it wants to focus on having consensus within the organization first. The Nov. 28 meeting

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Saudi wants OPEC to solve own problems before meeting non-OPEC

Johnson & Johnson approaches Actelion about takeover deal

By Paul Arnold and Ludwig Burger ZURICH/FRANKFURT (Reuters) – U.S. healthcare company Johnson & Johnson said on Friday it was in preliminary talks with Actelion about a potential takeover of Europe's largest biotech

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Johnson & Johnson approaches Actelion about takeover deal

U.S. crowds pick up slightly on Black Friday, online sales jump

U.S. online sales surged on Black Friday, with Amazon.com Inc offering the steepest discounts among e-commerce sites as it set the agenda for what has traditionally been the biggest shopping day of the year for brick-and-mortar retailers. In-store shopping began to pick up in the afternoon, but the increase in customer traffic paled in comparison to the jump in online sales, analysts said. The National Retail Federation has said it expects total…

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U.S. crowds pick up slightly on Black Friday, online sales jump

GoDaddy in exclusive talks to buy Host Europe: sources

U.S. website domain name provider GoDaddy is in exclusive talks to buy peer Host Europe Group (HEG) as it seeks to expand in higher-margin businesses beyond the initial set-up of websites, people close to the matter said. Arizona-based GoDaddy, the world's largest website address registrar, has branched into hosting websites itself for small businesses and consumers. A purchase of HEG would help GoDaddy accelerate its shift into the more profitable

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GoDaddy in exclusive talks to buy Host Europe: sources

J&J makes takeover approach for Swiss drugmaker Actelion: Bloomberg

(Reuters) – U.S. healthcare company Johnson & Johnson has approached Swiss biotechnology firm Actelion Ltd about a potential takeover, Bloomberg reported on Thursday, citing people it said were familiar with the matter. The report said that deliberations are still at an early stage following Johnson & Johnson's initial offer, and Actelion is working with an adviser to explore options. Johnson & Johnson Chief Executive Alex Gorsky said earlier this year that the company

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J&J makes takeover approach for Swiss drugmaker Actelion: Bloomberg

Thanksgiving sales surge online as shoppers stay home for holiday

At the start of the first holiday shopping season since the election of Donald Trump as president on November 8, U.S. consumers loosened their purse strings and spent $1.15 billion online between midnight and…

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Thanksgiving sales surge online as shoppers stay home for holiday

Oil prices fall on strong dollar, trading thin ahead of OPEC meeting

By Henning Gloystein SINGAPORE (Reuters) – Oil prices fell on Friday, under pressure from a strong dollar, but activity was low after the U.S. Thanksgiving holiday and with many traders reluctant to take big…

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Oil prices fall on strong dollar, trading thin ahead of OPEC meeting

Wells Fargo asks U.S. court to dismiss account scandal lawsuit

Wells Fargo & Co has asked a U.S. court to order dozens of customers who are suing the bank over the opening of unauthorized accounts to resolve their disputes in private arbitrations instead of court, according to legal documents. The motion, filed in the U.S. District Court in Utah on Wednesday, is in response to the first class action lawsuit filed…

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Wells Fargo asks U.S. court to dismiss account scandal lawsuit

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