🔔 Reuters Before the Bell: June 28, 2017

Click to View in Browser Wednesday, June 28, 2017 Alibaba spending $1 bln to raise stake in Southeast Asia's Lazada SINGAPORE (Reuters) - Chinese e-commerce company Alibaba Group Holding is investing an additional $1 billion in Southeast Asian online retailer Lazada Group, boosting its stake by nearly a third to 83 percent and amplifying its focus on the region. Miranda Kerr returns jewelry gifted in alleged Malaysian scheme LOS ANGELES (Reuters) - Australian model and actress Miranda Kerr has handed over millions of dollars worth of jewelry that U.S. authorities say was given to her as part of a Malaysian money laundering scheme, her spokesperson said on Tuesday. Nasdaq futures fall as tech selloff continues (Reuters) - Nasdaq futures were lower for a second straight day on Wednesday as the selloff in tech stocks continued, while the S&P 500 and the Dow Jones Industrial Average futures were little changed. Oil stays below $47 as U.S. inventory report revives glut worries LONDON (Reuters) - Oil edged lower toward $47 a barrel on Wednesday after an industry report said U.S. inventories increased, reviving concerns that a three-year supply glut is far from over. Exclusive: Halliburton in talks to buy billionaire Kaiser's equipment firm - sources HOUSTON (Reuters) - Halliburton Co is in late-stage talks to acquire a fast-growing U.S. oilfield equipment supplier backed by Oklahoma energy and banking billionaire George Kaiser, according to sources familiar with the matter. Oil pipeline firms' discounts rile clients, roil markets NEW YORK (Reuters) - U.S. pipeline operators are selling their underused space at steep discounts to keep crude flowing - angering shippers and distorting an already opaque market for oil trading. Philips to buy medical device maker Spectranetics for 1.9 billion euros AMSTERDAM (Reuters) - Dutch healthcare company Philips has agreed to buy U.S.-based Spectranetics Corp , a maker of devices to treat heart disease, for 1.9 billion euros ($2.16 billion) including debt, as it expands its image-guided therapy business. Nissan's premium brand Infiniti courts NBA's Stephen Curry BEIJING (Reuters) - Japanese automaker Nissan Motor Co Ltd's premium brand Infiniti will announce a marketing agreement with U.S. basketball star Stephen Curry on Wednesday, according to a company statement seen by Reuters. Euro, bond yields drive higher on ECB scale-back bets LONDON (Reuters) - The euro hit a 1-year high on Wednesday and German 10-year Bund yields continued to rise after doubling the previous day, as bets grew that the European Central Bank is readying to scale back its 2-trillion-euro stimulus programme. Google faces years of EU oversight on top of record antitrust fine BRUSSELS/FRANKFURT (Reuters) - Beyond a headline-grabbing 2.4 billion euro ($2.7 billion) fine EU antitrust regulators have levelled against Google, the internet giant is likely to be shackled for years by Tuesday's precedent-setting decision defining the company as a monopoly. Related Video ATM celebrates its golden anniversary Pandora's CEO to step down - Recode 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