Business

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All eyes focused on clues for future Fed hikes Friday, 9 Dec 2016

PARIS (Reuters) - Just how fast the Federal Reserve hikes rates next year will be the all-important question global investors will be hoping to get answered when the U.S. central bank meets next week.  Full Article

 
Spain's ACS cuts stake in Canadian toll road 8:00am EST 

MADRID (Reuters) - Spanish builder ACS has sold the bulk of its 50 percent stake in Canada's South Fraser Perimeter Road, a company which manages part of a highway in Vancouver, to two Canadian funds, it said in a statement on Sunday.  Full Article  

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Saudi hits new oil output record in November amid OPEC cut talk 8:05am EST 

VIENNA (Reuters) - Saudi Arabia pumped record-high amounts of oil in November, amid talks over a global deal to cut production, defying market expectations of lower output on slower domestic demand and refinery maintenance.  Full Article