Monday, 12 June 2017

🔔 Reuters Before the Bell: June 12, 2017

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Monday, June 12, 2017
French finance minister says 'optimistic' about Greek deal after Athens talks
ATHENS (Reuters) - French Finance Minister Bruno Le Maire expressed optimism about Greece reaching a deal on new loans from its European creditors after talks with his Greek counterpart and Prime Minister Alexis Tsipras in Athens.
Stock futures down as tech rout continues
(Reuters) - U.S. stock index futures were lower on Monday, with Nasdaq futures taking the biggest hit as investors locked in gains on the richly-valued technology sector.
Foxconn says Apple, Dell join its bid for Toshiba chip business
TAIPEI (Reuters) - Apple Inc and computing giant Dell Inc will join a Foxconn-led consortium bidding for Toshiba Corp's highly prized chip unit, the CEO of the world's largest contract electronics manufacturer told Reuters on Monday.
Jeff Immelt to retire as GE CEO, Flannery to succeed
(Reuters) - General Electric Co said Jeff Immelt would retire as chief executive and would be replaced by John Flannery, the head of GE healthcare, ending a years-long succession plan.
Tech sell off spreads to Europe and Asia, politics lift euro
LONDON (Reuters) - Technology stocks fell across Europe and Asia on Monday after the worst day for Apple shares in more than a year, while the euro and European bonds were lifted by positive pro-European news in France and Italy.
Natixis sues Marex Spectron over metals warehouse receipts
LONDON (Reuters) - French bank Natixis has sued metals broker Marex Spectron for $32 million over alleged fraudulent receipts for nickel stored at warehouses in Asia run by a unit of commodities giant Glencore , a court filing showed.
Uber board adopts all recommendations from Eric Holder investigation
SAN FRANCISCO (Reuters) - The Uber Technologies Inc [UBER.UL] board of directors voted unanimously to adopt all recommendations from a report stemming from allegations of sexual harassment at the company and other employee concerns, a board representative said on Sunday.
German ministry orders probe of Porsche emissions
BERLIN (Reuters) - The German Transport Ministry has ordered the KBA watchdog agency to examine the emissions of sports car maker Porsche , a unit of Volkswagen , a ministry spokesman said on Monday following a critical media report.
Trump officials to unveil plan to cut factory rules this week
WASHINGTON (Reuters) - The Trump administration intends to unveil this week a plan to trim regulations it believes constrain U.S. manufacturing growth, potentially affecting environmental permits, worker safety and labor rules, an administration official said.
Takata recommends re-electing board as search for rescue deal drags on
TOKYO (Reuters) - Japan's Takata Corp , the airbag maker at the center of world's largest automotive recall, has recommended reappointing its current board, underscoring slow progress in its efforts to to clinch a financial backer to overhaul the business.
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