Reuters Business Today: December 21, 2016

Click to View in Browser Wednesday, December 21, 2016 Dollar retreats from 14-year high, banks drag Europe shares lower LONDON (Reuters) - The dollar eased from 14-year highs on Wednesday, giving back some of the gains chalked up since Donald Trump's U.S. election victory, while concerns over banks pulled European shares lower. U.S. mortgage activity edges up even as rates head higher NEW YORK (Reuters) - U.S. mortgage application activity rebounded from its lowest level since January despite interest rates on 30-year fixed-rate home loans hitting their highest levels in over 2-1/2 years, Mortgage Bankers Association data released on Wednesday showed. Coke moves away from AB InBev with Africa bottling deal BRUSSELS/LONDON (Reuters) - Coca-Cola Co has reached a deal to buy Anheuser-Busch InBev's majority stake in their African bottling venture for $3.15 billion and hold onto it until it finds a new owner, the companies said on Wednesday. Nintendo's mobile Mario game sets download record but pricing proves sticking point TOKYO (Reuters) - Nintendo Co Ltd's first Mario smartphone title has set a download record but gamers baulked at the one-time cost of unlocking content, prompting investors to push the Japanese game makers' stock to a one-month low. Rolls-Royce denies UK media report over past Iran sales LONDON (Reuters) - British engineering company Rolls-Royce denied a report in The Guardian newspaper on Wednesday that it had in the past sold equipment to Iran by exploiting a series of loopholes in U.S. sanctions. Actelion shares gain on report of progress in Sanofi talks ZURICH (Reuters) - Swiss biotech group Actelion's shares rose by more than 3 percent on Wednesday following a report that talks with Sanofi are making progress, increasing optimism that the two will strike a deal. Union calls new strikes at Amazon's German warehouses BERLIN (Reuters) - Workers at German warehouses of U.S. online retailer Amazon.com Inc were called out on strike by labor union Verdi on Wednesday as part of a long-running dispute over pay and conditions. Volkswagen gets final clearance from KBA watchdog for diesel fixes BERLIN (Reuters) - Volkswagen said on Wednesday it has received all clearances from Germany's motor vehicle authority KBA to fix diesel cars fitted with illicit emission-control software. Oil prices lifted by expected fall in U.S. inventories LONDON (Reuters) - Oil rose on Wednesday, driven by expectations for a decline in U.S. crude inventories and bringing price gains for December to 10 percent, which would be the strongest performance in the final month of the year in six years. Japan's TDK to buy U.S. chip maker InvenSense for $1.3 billion TOKYO (Reuters) - Japanese electronic parts maker TDK Corp said it had agreed to buy InvenSense Inc , a U.S. chip maker that produces motion sensors for Apple Inc and Samsung Electronics Co , for $1.33 billion. Related Video Praxair, Linde agree $65 billion merger outline Dow, Nasdaq set record highs Counterparties is a curated snapshot of the best finance news and commentary around the web. Register Today News you can use with actionable, timely advice for managing your financial life, including retirement, taxes, real estate, education and more. Register Today » » MORE NEWSLETTERS - 3 Times Square New York, NY 10036 USA © Copyright 2016 Thomson Reuters Ensure delivery of Reuters Newsmails, add newsletters@email.reuters.com to your address book. Subscribe to other Reuters newsletters. Unsubscribe from this newsletter. Follow us on Twitter Friend us on Facebook