🔔 Reuters Before the Bell: June 21, 2017

Click to View in Browser Wednesday, June 21, 2017 El Al to buy three more Boeing Dreamliners for $729 million JERUSALEM (Reuters) - El Al Israel Airlines is buying three more Boeing 787 Dreamliners in a deal worth more than $729 million, firming up additional commitments made in 2015, the companies said on Wednesday. Toshiba picks Bain-Japan government group to buy chip unit, big hurdles remain TOKYO (Reuters) - Toshiba Corp has chosen a consortium of Bain Capital and Japanese government investors as the preferred bidder for its chip business, aiming to seal a deal worth some $18 billion by next week as it scrambles for funds to cover massive losses. Oil falls as bulls discount OPEC cuts, set for worst H1 since 1997 LONDON (Reuters) - Oil steadied on Wednesday, paring earlier losses, but was set for its largest price slide in the first half of any year for the past two decades, as investors discounted evidence of strong compliance by major producers with a deal to cut global output. Stock futures lower as oil hovers near seven-month lows (Reuters) - U.S. stock index futures were lower on Wednesday as oil prices hovered near seven-month lows and were headed for their largest slide in the first half of any year since 1997. Oil drop sends global stocks, bond yields sliding LONDON (Reuters) - A renewed slump in oil prices to seven-month lows dragged down world stocks on Wednesday and flattened bond curves as bets that inflation and interest rates will stay lower for even longer began to build again. China shares get MSCI nod in landmark moment for Beijing NEW YORK/HONG KONG (Reuters) - China's stocks took a major step toward global acceptance on Wednesday, finally winning a long campaign for inclusion in a leading emerging markets benchmark, in what was seen as a milestone for global investing. Uber CEO Travis Kalanick resigns under investor pressure (Reuters) - Uber Technologies Inc Chief Executive Travis Kalanick, co-founder of one of the most influential technology companies of its generation, resigned on Tuesday under mounting pressure from investors over his leadership. Oil firms could waste trillions if climate targets reached -report LONDON (Reuters) - Energy giants including Exxon Mobil and Royal Dutch Shell risk wasting more than a third of their budgets on projects that will not be needed if climate targets are to be met, a thinktank report shows. Boeing gets boost from United, lifts demand forecast PARIS (Reuters) - Boeing Co won a key endorsement from United Airlines for the latest model of its best-selling 737 on Tuesday and struck an upbeat tone by raising its 20-year industry demand forecast despite signs the pace of growth is slowing. Factbox: Airbus, Boeing commercial aircraft deals at Paris Airshow (Reuters) - Following is a summary of commercial aircraft deals announced by Airbus and Boeing at the Paris Airshow: Related Video China gets the green light for key MSCI index Large U.S. companies warm up to renewable energy 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