Italy Vote May Put Heavy Pressure on Banks 
 

The vote against a popular referendum is likely to stir fresh turmoil for Italy's banks, with pressure growing in particular on troubled lender Banca Monte dei Paschi di Siena SpA.

 
RBS Settles Dispute With Three Shareholder Groups 
 

Royal Bank of Scotland Group said it would pay up to GBP800 million ($1.02 billion) to settle claims with shareholder groups over allegations that it misled them in the lead up to an emergency rights issue during the financial crisis

 
Italian 'No' Vote Sends Shivers Through Banking Sector 
 

The resounding 'No' vote in Italy's constitutional referendum is set to lead to short-term political uncertainty which could complicate efforts to strengthen the country's embattled banking sector.

 
IBM CEO Joins Trump Business-Policy Advisers 
 

Ginni Rometty, CEO of IBM, a company criticized by President-elect Donald Trump for moving jobs overseas, was named as one of 16 business leaders who will advise Mr. Trump as he implements his plan to stem the outflow of U.S. jobs.

 
Apple Signals Interest in Self-Driving Software 
 

Apple confirmed for the first time its interest in autonomous-vehicle technology, but it remains unlikely the company will design or build a complete car.

 
Exxon CEO Now a Contender for Secretary of State 
 

President-elect Donald Trump widens the circle of candidates for the nation's top diplomatic job, a list that now includes Exxon CEO Rex Tillerson.

 
Trump Warns Another U.S. Company 
 

Donald Trump criticized Rexnord for its plans to move a factory from Indianapolis to Mexico, the second time the president-elect has pressed an attack against a U.S. company set to shift production abroad.

 
Pratt & Whitney Union Members Approve Five-Year Contract 
 

Workers at jet-engine maker Pratt & Whitney ratified a five-year contract Sunday, avoiding a potential labor dispute when the company is trying to increase production of new engines for commercial airliners.

 
Cheung Kong Bids $5.4 Billion for Australia's Duet Group 
 

Cheung Kong Infrastructure has bid about $5.4 billion for Australian pipeline operator and power distributor Duet Group, in another attempt by Hong Kong billionaire Li Ka-shing to strengthen his company's position in the country.

 
Bloomberg Expands Effort to Curb Tobacco Use World-wide 
 

Former New York City mayor and billionaire philanthropist Michael Bloomberg has spent hundreds of millions of dollars of his fortune over the past decade fighting tobacco use in the developing world. Now, with cigarette use declining globally, he is deepening his campaign.

(END) Dow Jones Newswires

December 05, 2016 05:15 ET (10:15 GMT)

Copyright (c) 2016 Dow Jones & Company, Inc.