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PRESS DIGEST- Financial Times - Jan 16

Published 16/01/2017, 01:25 pm
Updated 16/01/2017, 01:30 pm
© Reuters.  PRESS DIGEST- Financial Times - Jan 16

© Reuters. PRESS DIGEST- Financial Times - Jan 16

Jan 16 (Reuters) - The following are the top stories in the Financial Times. Reuters has not verified these stories and does not vouch for their accuracy.

Headlines

Luxottica and Essilor agree 50 bln euro merger

http://on.ft.com/2jNCtki

Facebook rolls out fake-news filtering service to Germany

http://on.ft.com/2ivHdKg

SpaceX mounts a comeback with successful rocket launch

http://on.ft.com/2jULwnC

Swan song for DUET Group as board approves Li Ka-shing bid

http://on.ft.com/2irYpF6

Overview

Italian eyewear maker Luxottica LUX.MI and French corrective eye lens maker Essilor ESSI.PA have agreed on a 50 billion euros ($53.11 billion) merger, the Financial Times reported, citing people familiar with the matter.

Facebook Inc FB.O said on Sunday it would roll out measures to fact check and flag fake news in Germany, in an attempt to reduce dissemination of hoaxes ahead of election.

Elon Musk's SpaceX on Saturday launched its first rocket back into space since a launch pad explosion that halted operations for more than four months. The Falcon 9 blasted off from southern California to put into orbit 10 one-ton satellites for Iridium Communications Inc IRDM.O , which will use them to enhance mobile voice and data relay capabilities.

Australian energy firm DUET Group's DUE.AX board approved a takeover offer from a consortium comprising of Cheung Kong Infrastructure Holdings Ltd 1038.HK , Cheung Kong Property Holdings Ltd 1113.HK and Power Assets Holdings LTd 0006.HK to buy all its shares, valuing the company at A$7.37 billion ($5.51 billion). ($1 = 1.3365 Australian dollars) ($1 = 0.9414 euros)

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