Tuesday, 14 March 2017

Reuters Before the Bell: March 14, 2017

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Tuesday, March 14, 2017
VW CEO says not ruling out merger talks with Fiat Chrysler boss
WOLFSBURG, Germany (Reuters) - Volkswagen Chief Executive Matthias Mueller said he is not ruling out talks with Fiat Chrysler boss Sergio Marchionne about a possible merger.
Fall in Volkswagen brand profit shows long road to recovery
WOLFSBURG, Germany (Reuters) - Operating profit at Volkswagen's biggest car brand fell last year, showing the challenges still facing the world's largest automaker 18 months on from its emissions scandal.
Volkswagen CEO gets 7.78 million euros in pay and benefits for 2016
WOLFSBURG (Reuters) - Volkswagen Group's Matthias Mueller was awarded 7.78 million euros ($8.28 million) in pay and benefits for 2016, a more moderate package than his predecessor Martin Winterkorn got in the year the carmaker was embroiled in a diesel scandal.
Toshiba pushes sale of nuclear unit Westinghouse as crisis deepens
TOKYO (Reuters) - Toshiba Corp is 'actively considering' a sale and other strategic options for U.S. nuclear unit Westinghouse, the group said on Tuesday, as it expanded a probe into problems there that caused it to miss an earnings deadline for a second time.
Toshiba to 'aggressively consider' sale of most of Westinghouse
TOKYO (Reuters) - Japan's Toshiba Corp said on Tuesday it will speed up looking at whether it should sell a majority of its overseas nuclear power business.
Toshiba CEO says sees takers for Westinghouse nuclear unit
TOKYO (Reuters) - Toshiba Corp Chief Executive Satoshi Tsunakawa said on Tuesday he expected the company's U.S. nuclear unit Westinghouse to attract interest from potential buyers given its stable fuel and services business.
Factbox: Life after memory chips - what's in the New Toshiba?
SINGAPORE (Reuters) - Japan's Toshiba Corp , presenting its plan to sustain the firm after a $6.3 billion writedown, identified a "Rebuilt Toshiba" as a maker of components and machinery that will exclude its once-core memory chips arm and problematic nuclear power business.
Fed to hold rate policy meeting as planned despite weather
WASHINGTON (Reuters) - The U.S. Federal Reserve will hold an interest rate policy meeting as planned on Tuesday and Wednesday, the central bank said in a statement that might dispel any doubts over whether policymakers would brave a snowstorm hitting Washington on Tuesday morning.
Futures dip before Fed policy meeting kicks off
(Reuters) - U.S. stock index futures were marginally lower on Tuesday ahead of the Federal Reserve's closely watched two-day meeting, where it is widely expected to raise interest rates.
Oil edges off three-month lows, eyes on U.S. inventory
LONDON (Reuters) - Oil prices recovered modestly from three-month lows on Tuesday, with concerns persisting about rising U.S. inventories and few clear signs that OPEC will extend supply curbs beyond June.
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