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Walt Disney threatens to pull ESPN, ABC from Optimum

NEW YORK (Reuters) – Walt Disney Co has threatened to pull its programming from the fourth largest U.S. cable distributor, Altice USA, if the two parties cannot reach a deal before the end of the month, the cable company said on Sunday.

Oil holds gains as producers say market rebalancing

TOKYO (Reuters) – Oil prices stood little changed on Monday, keeping most of their gains from the previous session to hold near their highest levels in months, as major producers meeting in Vienna said the market was well on its way towards rebalancing.

Euro, kiwi slip on political uncertainties, Asia shares fall

TOKYO (Reuters) – The euro slipped on Monday after German Chancellor Angela Merkel won a fourth term but faced a fractured parliament as support for the far-right surged, while Asian shares pulled back, weighed by concerns about China’s economy.

Euro and kiwi slip on political news, Asia shares track Wall Street

TOKYO (Reuters) – The euro slipped on Monday after German Chancellor Angela Merkel won a fourth term in a weekend election, but faced leading a much less stable coalition in a fractured parliament as support for the far-right party surged.

EU seeks more protection for Uber-style jobs

BRUSSELS (Reuters) – The European Commission wants more social protection and rights for casual workers, such as those in the “gig economy”, and others with non-standard contracts to try to tackle growing social inequality.

A celebrity listing crashes Japanese exchange’s party

TOKYO (Reuters) – On Japan’s newest exchange, fame can pay off. That may not be so great for investors though.

Fidget spinners and squishies: some Toys ‘R’ Us toymakers cut ties

(Reuters) – This summer, toy supplier Product Launchers delivered 100,000 specially ordered DC Comics fidget spinners to Toys ‘R’ Us, unaware that the biggest U.S. toy store chain was in financial trouble.

Lufthansa seen offering to pay 200 million euros for Air Berlin assets: source

FRANKFURT (Reuters) – A Lufthansa bid price of 200 million euros ($239 million) to buy assets from insolvent Air Berlin plus 100 million euros to meet operating costs is roughly correct, a source familiar with the talks said on Sunday.

A private solution for China’s zombie company problem? Unlikely

HONG KONG (Reuters) – China’s latest push to revive its bloated state-owned sector is set to pick up pace this year, with bankers and investors expecting possible spin-offs and asset sales to follow a key Communist Party Congress in October.

Uber ready to make concessions to reverse London license decision: paper

LONDON (Reuters) – U.S. taxi firm Uber is prepared to make concessions as it seeks to reverse a decision by London authorities not to renew its license in the city, which represents a potentially big blow for the fast-growing company, a newspaper reported.

Lufthansa offering to pay 200 million euros for Air Berlin: BamS

FRANKFURT (Reuters) – Lufthansa is offering to pay 200 million euros ($239 million) to buy its insolvent smaller rival Air Berlin and is prepared to pay up to 100 million euros to meet operating costs to keep the airline going in the interim, newspaper Bild am Sonntag (BamS) said on Sunday.

NAFTA talks intensify; U.S. seen putting off key demand on autos

OTTAWA (Reuters) – Talks to update the North American Free Trade Agreement intensified on Saturday although U.S. negotiators looked set to once again withhold proposals for one of the Trump administration’s most challenging issues.

Uber, reviving old tactic, is backed by more than 500,000 in London row

SAN FRANCISCO/LONDON (Reuters) – Half a million people have signed an online petition in under 24 hours backing Uber’s bid to stay on the roads of London, showing the company is turning to its tried-and-tested tactic of asking customers for help when it locks horns with regulators.

NAFTA talks intensify; U.S. set to unveil demands on key issues

OTTAWA (Reuters) – Talks to update the North American Free Trade Agreement looked set to intensify on Saturday as U.S. negotiators prepared for the first time to unveil their demands on some of the Trump administration’s most challenging issues.

Half a million sign petition supporting Uber in London

SAN FRANCISCO/LONDON (Reuters) – Half a million people have signed an online petition in under 24 hours backing Uber’s bid to stay on roads of London, showing the company is turning to its tried-and-tested tactic of asking customers for help when it locks horns with regulators.

Britain’s minister for London slams ‘blanket ban’ on Uber

LONDON (Reuters) – A British government minister has criticized the London authorities for deciding to strip Uber of its taxi licence, a major setback to the U.S. technology firm that has become a big player in the city’s transport system.

Wells Fargo hires new law firm to prepare CEO for Senate appearance

NEW YORK (Reuters) – Wells Fargo & Co. has hired law firm Sidley Austin to take the lead in preparing Chief Executive Tim Sloan for his appearance before the U.S. Congress next month to answer questions about a year-long sales practices scandal, according to four sources with knowledge of the decision.

Take Five: World markets themes for the week ahead

LONDON (Reuters) – Following are five big themes likely to dominate thinking of investors and traders in the coming week and the Reuters stories related to them.

Shorting volatility: Rising risks mean itchier trigger fingers

NEW YORK (Reuters) – A long stretch of low volatility for U.S. stocks has made betting on continued calm a popular and lucrative trade, but traders and strategists warn that risks to the trade have mounted, while the potential for profits has shrunk.

Exclusive: T-Mobile, Sprint close to agreeing on deal terms – sources

(Reuters) – T-Mobile US Inc is close to agreeing tentative terms on a deal to merge with Sprint Corp , people familiar with the matter said on Friday, a major breakthrough in efforts to merge the third and fourth largest U.S. wireless carriers.

‘Unfit’ Uber stripped of London license, CEO tweets ‘pls work w/us’

LONDON (Reuters) – London deemed Uber unfit to run a taxi service on Friday and stripped it of its license to operate from the end of next week in a major blow to the U.S. firm and 3.5 million users in one of the world’s wealthiest cities.

Brazil Supreme Court denies request to release JBS brothers

SAO PAULO (Reuters) – Brazil Supreme Court Justice Gilmar Mendes on Friday denied a request to release from jail Joesley and Wesley Batista, the brothers who control the world’s largest meatpacker JBS SA.

‘Unfit’ Uber stripped of London license

LONDON (Reuters) – London deemed Uber unfit to run a taxi service on Friday and stripped it of its license to operate from the end of next week in a major blow to the U.S. firm and 3.5 million users in one of the world’s wealthiest cities.

Investor group seeks probe into SEC hack, urges data rules delay

WASHINGTON (Reuters) – A global investor group on Friday called for an independent investigation into a cyber breach at the U.S. Securities and Exchange Commission (SEC) and urged the regulator to delay new data-gathering rules until it could assure investors that its computer systems were secure.

Zuckerberg nixes new Facebook share class after shareholder lawsuit

WILMINGTON, Del. (Reuters) – Facebook Inc Chairman Mark Zuckerberg abandoned plans on Friday to create a new class of company stock with no voting power, which was meant to be a way for Zuckerberg to retain control over the company he founded while fulfilling a pledge to give away his wealth.

BMW to build new 8 series at German Dingolfing plant from 2018

BERLIN (Reuters) – Carmaker BMW plans to build its new 8 series model at its plant in the southern German town of Dingolfing from 2018, strengthening the site’s role in the production of premium models in addition to electric vehicle components.

Ex-Akebia employee suspected of insider trading re-arrested

BOSTON (Reuters) – A former Akebia Therapeutics Inc employee accused of insider trading was re-arrested on Friday after violating a bail condition as a prosecutor who once called him “increasingly unhinged” said he would seek the man’s detention pending trial.

Wall Street edges up, shaking off healthcare, North Korea worries

NEW YORK (Reuters) – The S&P 500 closed slightly higher on Friday even though Apple was a drag, as worries about Washington’s latest healthcare legislation proposal eased and investors shrugged off concerns about North Korea.

Facebook drops Class C plan: shareholder attorney

WILMINGTON, Del. (Reuters) – Facebook Inc has dropped its plan to issue Class C stock, according to an attorney who sued the company on behalf of a Facebook shareholder because the plan would have allegedly extended founder Mark Zuckerberg’s control over the company.

Fed officials in muddle over permanent vs temporary inflation lull

OKLAHOMA CITY (Reuters) – Federal Reserve officials with competing views about inflation laid out on Friday the quandary facing U.S. policymakers as they wrestle over whether a recent dip in the pace of price increases is trivial, or the result of global forces that could permanently throw off the Fed’s policy calculus.

Facebook trial over Class C stock canceled: Delaware court

WILMINGTON, Del. (Reuters) – Facebook Inc’s trial over a shareholder lawsuit opposing the company’s stock reclassification has been canceled, according to a clerk in Delaware’s Court of Chancery.

Wall Street slips on healthcare, North Korea, earnings angst

(Reuters) – U.S. stocks were down slightly in late afternoon trading on Friday as Apple weighed and investors eyed the progress of a healthcare bill in Washington on top of concerns about North Korea and the upcoming corporate earnings season.

Native American tribe moves to dismiss Allergan patent case

(Reuters) – A Native American tribe holding patents for drugmaker Allergan Plc on Friday moved to dismiss a case brought by generic drug company Mylan NV challenging the patents.

Wall Street lukewarm on Chipotle’s new ‘queso’ amid customer scorn

LOS ANGELES (Reuters) – Chipotle Mexican Grill Inc’s new “queso” cheese sauce is going over better on Wall Street than on Twitter, where one person called it a “crime against cheese.”

Wall St. flat as gains in energy, industrials offset healthcare losses

(Reuters) – U.S. stocks were little changed in early afternoon trading on Friday as losses in healthcare and technology stocks were evened out by gains in energy and industrial stocks.

Ryanair crisis exposes low-cost scramble for senior pilots

DUBLIN/BERLIN (Reuters) – Ryanair blames an internal “cock up”, but its cancellation of 2,000 flights exposes the struggle that low-cost carriers face as they risk growing faster than their ability to recruit experienced pilots.

Diesel’s disgrace brings hybrids-for-all in race to electrify

FRANKFURT (Reuters) – Carmakers squeezed between carbon emissions cuts and falling sales of fuel-efficient diesels have used the Frankfurt auto show to spotlight a future generation of electric cars that will largely come too late to help them out of their bind.

Wall St. flat as losses in healthcare offset gains in energy

(Reuters) – Wall Street was little changed in late morning trading on Friday as losses in financial and healthcare stocks were offset by gains in energy and industrial stocks.

Time Inc in talks to sell assets; warns on third-quarter ad revenue softness

(Reuters) – Time Inc said on Friday it was looking to sell several assets, including Time Inc UK, and warned it experienced more-than-anticipated softness in both print and advertising revenue during the current quarter.

Phillips 66 Partners to buy Bakken assets from Phillips 66

(Reuters) – Phillips 66 Partners LP said on Friday it would buy pipeline and other assets from parent Phillips 66 in a $2.4 billion deal that strengthens the master limited partnership’s presence in the prolific Bakken basin.

Uber stripped of London license, plans to appeal

LONDON (Reuters) – London stripped Uber on Friday of its license to operate from the end of next week in a huge blow to the taxi service and 3.5 million users in one of the world’s wealthiest cities.

Turkey’s Pladis looks at Nestle’s U.S. candy as part of expansion

LONDON (Reuters) – Pladis, the Turkish company that owns Godiva chocolate and McVitie’s biscuits, is considering making an offer for Nestle’s U.S. confectionery assets, which could be valued at around $2 billion, as part of its international expansion plans.

Wall St. flat as North Korea tensions make investors risk-averse

(Reuters) – U.S. stocks were little changed on Friday as fresh concerns over tensions between North Korea and the United States weighed on the mood of investors.

Apple’s iPhone 8 sees muted launch in Asia

SYDNEY/TOKYO (Reuters) – Apple Inc’s launch of iPhone 8 kicked off in a less lively mood in Asia, versus previous debuts, as fans held out for the premium iPhone X due out in early November.

Exclusive: VW moves to secure cobalt supplies in shift to electric cars

LONDON (Reuters) – Germany’s Volkswagen is moving to secure long-term supplies of cobalt, a vital component of rechargeable batteries, as the group accelerates its ambitious shift to electric cars.