Toshiba’s Westinghouse may file bankruptcy Tuesday, seeks Kepco aid: Nikkei

TOKYO (Reuters) – Westinghouse Electric Co, the U.S. nuclear unit of Japan’s Toshiba Corp , could file for bankruptcy protection as early as Tuesday and is seeking support from South Korea’s Korea Electric Power Corp , the Nikkei said on Monday.

Viacom’s shares could jump 40 percent: Barron’s

(Reuters) – Shares of Viacom Inc could rise 40 percent in the next year as the New York-based media company’s new CEO Bob Bakish focuses on its Paramount Pictures studio and a handful of its networks to turn the business around, according to Barron’s.

China Southern Airlines in talks over American Airlines cooperation deal

SHANGHAI (Reuters) – China Southern Airlines is negotiating a potential strategic tie-up with American Airlines that could involve a share issue and other forms of business cooperation, it said on Sunday.

OPEC, non-OPEC to look at extending oil-output cut by six months

KUWAIT (Reuters) – A joint committee of ministers from OPEC and non-OPEC oil producers has agreed to review whether a global pact to limit supplies should be extended by six months, it said in a statement on Sunday.

Uber suspends self-driving car program after Arizona crash

(Reuters) – Uber Technologies Inc [UBER.UL] suspended its pilot program for driverless cars on Saturday after a vehicle equipped with the nascent technology crashed on an Arizona roadway, the ride-hailing company and local police said.

Chinese court rules in favor of Apple in local design patent disputes

BEIJING (Reuters) – A Chinese court has ruled in favor of Apple in design patent disputes between the Cupertino, California company and a domestic phone-maker, overturning a ban on selling iPhone 6 and iPhone 6 Plus phones in China, Xinhua news agency reported.

Tesco nearing deal with Serious Fraud Office over accounting scandal: Sky

LONDON (Reuters) – Britain’s biggest retailer Tesco is in advanced talks with the Serious Fraud Office (SFO) over a plea deal that would involve it paying a large fine over its 2014 profit overstatement, Sky news said on Saturday.

Bull market not dead as tax reform takes spotlight

NEW YORK (Reuters) – The death of the Republican healthcare reform may not prove to be the knife to the heart of the bull market some had feared, but to keep the Trump Trade alive investors should temper expectations for the breadth of expected tax cuts.