Monday, 20 March 2017

Reuters Before the Bell: March 20, 2017

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Monday, March 20, 2017
Uber president Jeff Jones quits, deepening turmoil
SAN FRANCISCO (Reuters) - Ride services company Uber Technologies Inc has been thrust deeper into turmoil with the departure of company president Jeff Jones, a marketing expert hired to help soften its often abrasive image.
Oil drops on rising U.S. drilling, steady OPEC supply
SINGAPORE (Reuters) - Oil prices fell on Monday, with already-bloated markets pressured by rising U.S. drilling activity and steady supplies from OPEC countries despite touted production cuts.
Asia stocks mixed, dollar slips as Fed continues to weigh
SINGAPORE (Reuters) - Asian stocks were mixed on Monday in thin trade, following Wall Street's declines and the G20's decision to drop a pledge to avoid trade protectionism, while the Federal Reserve's less hawkish-than-expected comments continued to weigh on the dollar.
NBA's Chris Paul, other celebrity athletes, invest for an impact
NEW YORK (Reuters) - Giving back to their communities has always been a challenge for pro athletes who get rich quick, because they tend to lose the money even more quickly. But even those who manage to build a substantial amount of wealth have a hard time using it charitably in a way that truly has a long-term impact.
G20 ministers give Mnuchin space to define Trump trade agenda
BADEN BADEN, Germany (Reuters) - Wary of their first official encounter with U.S. President Donald Trump's blustery trade agenda, the world's top finance officials were relieved to find new Treasury Secretary Steven Mnuchin polite and business-like over the weekend.
IBM launches enterprise-ready blockchain service
NEW YORK (Reuters) - International Business Machines Corp has launched a service that will allow businesses to build applications on its cloud using blockchain code from the Hyperledger Project, the cross-industry group led by the Linux Foundation.
MoneyGram offers to give Euronet confidential info to firm up bid: sources
(Reuters) - U.S. electronic payments company MoneyGram International Inc has offered to share confidential information with peer Euronet Worldwide Inc , after the latter made a $1 billion acquisition offer, people familiar with the matter said.
Albertsons held preliminary merger talks with Sprouts: Bloomberg
NEW YORK (Reuters) - Grocery business Albertsons Cos held preliminary talks to merge with Sprouts Farmers Market Inc , Bloomberg reported on Sunday, citing people familiar with the situation.
Three votes down - now for the French
LONDON (Reuters) - Americans angry with their lot elected the anti-establishment Donald Trump despite a U.S. economy running at an annual rate of around 3.5 percent and unemployment at a meager 4.6 percent.
G20 trade wording considered a setback for export champion Germany
BADEN-BADEN (Reuters) - The failure of the world's financial leaders to agree on resisting protectionism and support free trade marks a setback in the G20 process and poses a risk for growth of export-driven economies such as host Germany, economists said on Sunday.
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