UKX FTSE 100 Index

 
Washington Post Staffers Stage One-Day Strike 
 

The work stoppage, the first of this scale since the 1970s, comes amid tensions over pay and planned job cuts.

 
Woodside Energy, Santos in Talks to Create Global Energy Giant 
 

The Australian companies said a merger could result in a new global company worth around $52 billion.

 
JetBlue Airways Lifts Forecasts on Strong Holiday-Travel Demand 
 

JetBlue Airways lifted its outlook for fourth-quarter sales, saying that demand for travel is holding up and bookings have accelerated into the holidays.

 
Once Unstoppable, Alibaba Is Now Faltering 
 

Alibaba was a major driver of China's growing consumer economy. Now it has lost its lead-even in online shopping.

 
Morgan Stanley Raises Nearly $1.2 Billion for Late-Stage Growth Investing 
 

The bank's asset management arm closed growth and credit funds to back private companies.

 
Merck Scraps Phase 3 Keytruda-Lynparza Lung Cancer Study 
 

Merck & Co. is ending a late-stage study of the combination of Keytruda and Lynparza in certain lung cancer patients due to an expected failure of the trial.

 
AMD's Piece of the AI Pie Will Need to Prove Sticky 
 

The chip maker's latest AI processors is likely to hit near-term targets, but carving out a lasting share against Nvidia will be the real trick.

 
Shopping for Luxury Online Has Fallen Out of Fashion 
 

Stocks that unite two of the world's most successful industries, European luxury and American tech, might sound like winners. Instead, companies that sell luxury goods online have turned into quicksand for investors.

 
KPMG UK in merger talks with Swiss arm 
 

KPMG UK's chief executive Jon Holt said the two firms were examining a merger

 
Chris Hohn's TCI Fund Management sees profit fall 48% 
 

Turnover drops from $1.19bn to $701m as City hedge funds struggle

(END) Dow Jones Newswires

December 07, 2023 13:00 ET (18:00 GMT)

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