Tuesday, 11 April 2017

Reuters Business Today: April 11, 2017

Click to View in Browser
Tuesday, April 11, 2017
Futures flat as geopolitical concerns boost safe-haven bids
(Reuters) - U.S. stock index futures were little changed on Tuesday as investors preferred to play safe amid rising geopolitical tensions in Syria and North Korea and ahead of the start of first-quarter earnings season later this week.
Apple may ditch Dialog, analyst says, hitting chipmaker's shares
FRANKFURT (Reuters) - Dialog Semiconductor risks losing a crucial supply deal with Apple Inc , according to a financial analyst who cut his rating on the stock on Tuesday, sending the Anglo-German chipmaker's shares down by as much as one-third.
Telecoms and cable group Altice kicks off IPO process for U.S. arm
PARIS (Reuters) - Altice , the telecoms and cable holding company owned by billionaire Patrick Drahi, kicked off on Tuesday the formal process for the initial public offering (IPO) of its U.S. activities in New York.
Oil eases from 5-week high, U.S. output rise undermines rally
LONDON (Reuters) - Crude oil edged back from a five-week high on Tuesday, as rising U.S. shale oil production weighed against support from tensions in the Middle East and production cuts in OPEC and other states.
Grains piled on runways, parking lots, fields amid global glut
CHICAGO (Reuters) - Iowa farmer Karl Fox is drowning in corn.
Exclusive - Saudis, oil majors discuss gas investments ahead of giant IPO
LONDON/DUBAI (Reuters) - Saudi Arabia and international oil companies have discussed gas venture opportunities inside the kingdom and abroad as part of the top crude-exporting country's drive to diversify investments before the listing of national energy giant Saudi Aramco.
Toshiba files results unapproved by auditor; warns of 'going concern' risk
TOKYO (Reuters) - Toshiba Corp filed twice-delayed business results on Tuesday without an endorsement from its auditor and warned its very survival was in doubt, deepening a prolonged crisis at the Japanese conglomerate.
Bombardier board approves proposal to cut chairman's pay
(Reuters) - Bombardier Inc said its board of directors approved a proposal to slash Executive Chairman Pierre Beaudoin's pay by $1.4 million, bringing his 2016 compensation to $3.8 million, equal to his remuneration for 2015.
Audi picks lower cost eastern European sites to build new SUVs
BERLIN (Reuters) - Audi will expand its lineup of higher margin sport-utility vehicles (SUVs) and assemble two new models at lower cost plants in eastern Europe, the German premium carmaker said on Tuesday, as it strives to boost profitability.
China's LeEco abandons $2 billion deal to buy U.S. TV maker Vizio
(Reuters) - LeEco has scrapped a planned $2 billion acquisition of U.S. consumer electronics company Vizio due to regulatory issues, a fresh setback to the cash-strapped Chinese conglomerate's expansion drive.
Related Video
High sales, record shares trend at LVMH
UK inflation - ready for take-off?
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 2017 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