Wednesday 29 November 2017

Reuters Before the Bell: Volkswagen CEO sees 'strong' Nov/Dec sales, new record in 2017

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Wednesday, November 29, 2017
Volkswagen CEO sees 'strong' Nov/Dec sales, new record in 2017
BERLIN (Reuters) - Volkswagen Chief Executive Matthias Mueller said on Wednesday the group's "strong trend" in auto sales would continue with November and December figures, enabling the carmaker to post record deliveries this year.
New electric London taxi poised for second overseas market
LONDON (Reuters) - London's black-cab maker could strike a deal soon on the second overseas market for the new electric version of its famous taxi, the boss of the Chinese Geely-owned firm told Reuters on Wednesday.
Tax bill hopes pull futures higher
(Reuters) - Wall Street indexes were set to climb at opening on Wednesday after progress on a U.S. tax bill and talk of deregulation in the banking sector pushed stocks to record levels.
Oil slips on OPEC deal uncertainty and rising U.S. inventories
LONDON (Reuters) - Oil prices slipped on Wednesday as doubts set in about Russia's willingness to substantially extend a deal among some of the world's biggest exporters to curb output to help tackle global oversupply and support prices.
Pound up as Britain coughs up, Bitcoin rockets
LONDON (Reuters) - Signs of progress with U.S. tax cuts and Europe's Brexit negotiations brought fresh highs for world stocks on Wednesday, while bitcoin topped $10,000 in a frenzy for cryptocurrencies.
CEO quits as LSE tries to draw line under management row
LONDON (Reuters) - London Stock Exchange CEO Xavier Rolet is stepping down immediately and its chairman will not seek re-election, as the exchange tries to draw a line under a row with a top shareholder over management succession.
Hong Kong listing would help Aramco with huge Chinese demand for IPO: HKEX CEO
SINGAPORE (Reuters) - Hong Kong Exchanges & Clearing (HKEX) Chief Executive Charles Li said a Hong Kong listing by Saudi Aramco would help the oil giant to anchor huge Chinese demand for its planned IPO.
Barclays Chairman says staff moves post Brexit could be 'in the hundreds'
LONDON (Reuters) - Barclays could move hundreds of staff out of Britain post-Brexit, the British bank's chairman told a parliamentary committee hearing on Wednesday.
Exclusive: PSA seeks Opel refund from GM over CO2 emissions
PARIS (Reuters) - Peugeot maker PSA Group, which paid General Motors 1.3 billion euros for Opel, now wants about half of the money back after discovering the full extent of its CO2 emissions challenges and exposure to European fines, sources told Reuters.
Bitcoin tops $10,000, marks 10-fold increase in 2017
NEW YORK (Reuters) - Virtual currency bitcoin soared to an all-time high above $10,000 on Wednesday on major exchanges and digital currency indexes, including the widely followed Luxembourg-based trading platform BitStamp.
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