Monday, 22 May 2017

🔔 Reuters Before the Bell: May 22, 2017

Click to View in Browser
Monday, May 22, 2017
EU to conclude Google antitrust cases in next few months
OXFORD, England (Reuters) - EU antitrust regulators will rule in the "next few months" whether Alphabet's Google abused its dominance of internet searches and other areas, a senior European Commission official said on Monday, an outcome that could lead to a hefty fine.
Exclusive: ECB plan to take euro clearing from London stalled by infighting - sources
FRANKFURT (Reuters) - Discord between the euro zone's three largest countries is stalling the European Central Bank's efforts to come up with a way to force euro clearing out of London and put it under its watch, three sources told Reuters.
Ford to fire CEO Fields as challenges mount: sources
PARIS/DETROIT (Reuters) - Ford Motor Co. is set to replace Chief Executive Mark Fields with James Hackett, the head of its mobility arm, company sources said, responding to growing investor unease over the U.S. carmaker's stock performance and prospects.
China tells U.S. trade representative stronger cooperation needed
BEIJING (Reuters) - China's commerce minister Zhong Shan told new United States Trade Representative Robert Lighthizer the two sides should strengthen cooperation and manage disputes in trade, according to a statement on the website of China's Ministry of Commerce on Monday.
Ahead of Exxon's annual meeting, climate activists gain ground
BOSTON (Reuters) - Shareholder activists focused on climate issues are gaining traction in their push to have large energy companies and utilities take account of the impact rising global temperatures could have on their businesses.
RBS investor case adjourned for last-minute settlement talks
LONDON (Reuters) - Royal Bank of Scotland (RBS) pursued last-minute settlement talks with a group of investors on Monday to avoid a potentially embarrassing trial over allegations the lender misled them about a 2008 capital increase.
Euro bounces after Merkel points to impact on Germany
LONDON (Reuters) - The euro surged in morning trade in Europe on Monday after German leader Angela Merkel pointed to a weak euro and extremely loose monetary policy as causes of Germany's large trade surplus.
China slaps import duties on sugar; experts question impact
BEIJING (Reuters) - China said on Monday it will impose hefty penalties on sugar imports after lobbying by domestic mills, but experts said the ruling may not go far enough to stem the flow of lower-priced sweetener into the world's top importer.
Long seen as partners, Huntsman and Clariant seal $14 billion merger
ZURICH/FRANKFURT (Reuters) - U.S.-based Huntsman Corp and Swiss Clariant AG are combining to create a chemical manufacturer with a market value of over than $14 billion, the deal coming together after years of tentative mutual approaches.
Chinese regulator approves VW-JAC Motor electric car venture
BEIJING (Reuters) - Germany's Volkswagen AG and Anhui Jianghuai Automobile Group (JAC Motor) have received approval from Chinese regulators to form a joint venture to make electric vehicles, the two automakers said on Monday.
Related Video
Cathay Pacific makes biggest job cuts in 20 years
Asia trade deal in focus as US sticks to old script
Make sense of the market with highlights of valuable financial information and reports along with compelling investment insights. Register Today
The latest Reuters articles on M&A, IPOs, private equity, hedge funds and regulatory updates delivered to your inbox each day. 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