🔔 Reuters Before the Bell: June 22, 2017

Click to View in Browser Thursday, June 22, 2017 Exclusive: China Unicom counts Alibaba, Tencent among investors in drive to raise $10 billion - sources HONG KONG (Reuters) - Chinese tech giants Alibaba Group Holdings and Tencent Holdings will be among new investors pouring a total of around $10 billion into mobile carrier China Unicom, sources said, part of efforts by Beijing to rejuvenate state behemoths with private cash. Thyssenkrupp plans more cost cuts in industrial solutions DUESSELDORF, Germany (Reuters) - Germany's Thyssenkrupp said it planned cost cuts worth at least 100 million euros ($112 million) to meet financial targets at its troubled unit that engineers industrial plants and builds ships, despite early signs of improvement. Sales chief says Boeing won 571 orders and commitments PARIS (Reuters) - Boeing said it had won 571 orders and commitments for jetliners at the Paris Airshow, upstaging European rival Airbus after the launch of a new model of its 737 MAX passenger jet. Two Iranian airlines plan to buy 73 Airbus jets PARIS (Reuters) - Airbus said on Thursday two Iranian airlines had committed to buying 73 planes in a last-minute flurry of deals for the European planemaker at the Paris Airshow. Airbus concedes defeat to Boeing in Paris order race PARIS (Reuters) - Airbus conceded defeat to rival Boeing in the race for new business at the Paris Airshow on Thursday, as a late haul of almost 100 aircraft failed to close a gap opened up by the launch of the American firm's new 737 model. Citi hires UBS banker as China head of corporate, investment banking: memo HONG KONG (Reuters) - Citigroup Inc has appointed UBS Group AG senior China banker Jiang Guorong as its chairman and head of China corporate and investment banking, according to an internal memo seen by Reuters on Thursday. Stock futures flat as oil prices remain under pressure (Reuters) - U.S. stock index futures were little changed on Thursday as oil edged up from multi-month lows but prices remained under pressure. European stock markets stumble as oil languishes near lows LONDON (Reuters) - European stocks fell for a third straight day on Thursday, as oil prices kept within sight of the seven-month lows reached overnight on worries about a supply glut and falling demand. For thousands of U.S. auto workers, downturn is already here LORDSTOWN, Ohio (Reuters) - Wall Street is fretting that the U.S. auto industry is heading for a downturn, but for thousands of workers at General Motors Co factories in the United States, the hard times are already here. Amazon's grocery push playing catch up with Chinese e-commerce giants BEIJING (Reuters) - As Amazon.com Inc looks to swallow U.S. grocery chain Whole Foods, China's tech giants are already digesting hefty bricks-and-mortar deals, taking the lead in the battle to transform supermarket shopping with big data and better supply chains. Related Video Toshiba shares slide as execs chase $18 bln deal Dow, S&P end lower 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