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JPMorgan to buy third-party loyalty program unit of cxLoyalty

(Reuters) - JPMorgan Chase & Co (NYSE:JPM) said on Monday it would buy the global loyalty division of cxLoyalty Group Holdings Inc, a third-party credit card loyalty program service provider. The transaction, whose financial terms were not disclosed, will see the Wall Street bank integrate cxLoyalty's technology platforms, full service travel agency, gift card, merchandise, and points bank businesses into its Chase...

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Turkey, UK to sign free trade deal this week -Erdogan

ANKARA (Reuters) - Turkish President Tayyip Erdogan said on Monday a free trade deal with London would be signed on Tuesday and completed after Thursday, when Britain formally leaves the European Union. The UK trade ministry said on Sunday the two nations will sign a deal that replicates the existing trading terms. The trading relationship was worth 18.6 billion pounds...

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Swiss hand over remaining $150 million to U.S. from massive Ponzi scheme

ZURICH (Reuters) - Switzerland will return $150 million from blocked Swiss bank accounts by the end of the year to the United States to be given to victims of convicted Ponzi scheme con artist Robert Allen Stanford, the Federal Ministry of Justice said on Monday. Stanford, a former Texas financier known primarily by his middle name, was convicted of fraud by a...

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EU-China investment deal likely this week – senior EU official

BRUSSELS (Reuters) - China and the European Union are likely to clinch an investment deal this week that would give EU companies much better access to the Chinese market and protection for their assets there, a senior EU official said on Monday. Talks on the agreement launched in 2014, but were stuck for years as the EU complained that China was failing...

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France backs Brexit deal but vigilant on implementation

PARIS (Reuters) - France backs the draft Brexit trade deal agreed last week between the European Union and Britain but will be vigilant from day one over its proper implementation, President Emmanuel Macron's office said on Monday. Britain clinched a narrow deal with the EU on Thursday following months of tortuous negotiations and just seven days before it exits one of...

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Wall Street Hits Record Highs at Open on Stimulus Bill Signing; Dow up 170 Pts

By Geoffrey Smith  Investing.com -- U.S. stock markets opened at record highs on Monday after President Donald Trump dropped his objections to signing into law the $900 billion stimulus package passed last week by Congress. By 9:35 AM ET (1435 GMT), the Dow Jones Industrial Average was up 170 points, or 0.6%, at 30,370 points. The S&P 500 and the Nasdaq Composite were...

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U.S. EPA finalizing first-ever airplane emissions rules

By David Shepardson WASHINGTON (Reuters) -The U.S. Environmental Protection Agency (EPA) on Monday will finalize the first-ever proposed standards regulating greenhouse gas emissions from airplanes, a spokeswoman told Reuters. The EPA said in July its proposed requirements for airplanes used in commercial aviation and for large business jets would align the United States with international standards. In 2016, the U.N. International Civil...

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U.S. fliers less familiar with Boeing 737 MAX crashes two years on, but wary when reminded – Reuters/Ipsos poll

By Chris Kahn and Tracy Rucinski NEW YORK/CHICAGO (Reuters) - With the passage of time, Americans are less familiar with two fatal Boeing (NYSE:BA) 737 MAX crashes, but if they are made aware of those disasters, more than half say they would probably avoid the aircraft, according to a Reuters/Ipsos opinion poll. The poll results, released on Dec. 28, a day...

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