🔔 Reuters Before the Bell: June 5, 2017

Click to View in Browser Monday, June 5, 2017 Oil prices dip on fears Middle East spat could harm OPEC cuts LONDON (Reuters) - Oil prices reversed gains to trade down on Monday on concerns that the cutting of ties with Qatar by top crude exporter Saudi Arabia and other Arab states could hamper a global deal to reduce oil production. Herbalife raises profit forecast, tops key FTC threshold (Reuters) - Nutritional supplement maker Herbalife Ltd on Sunday raised its current-quarter adjusted profit forecast and said it exceeded a key threshold under its agreement with the U.S. Federal Trade Commission. Homebuilder D.R. Horton offers to buy 75 percent of Forestar for $520 million (Reuters) - U.S. homebuilder D.R. Horton Inc said on Monday it had offered to buy 75 percent of real estate development company Forestar Group Inc for about $520 million. Deutsche Bank asks for more time for U.S. query on Trump, Russia: source FRANKFURT (Reuters) - Germany's largest bank has asked for more time to respond to a request from Democrats on a U.S. House of Representatives panel for details about U.S. President Donald Trump's possible ties to Russia, a person familiar with the matter said on Monday. Big oil, small U.S. towns see new reward in old production technique HOBBS, New Mexico (Reuters) - Amid the frenetic activity of American shale oilfields recovering from a two-year recession sit a handful of oil towns that seemed impervious as many producers went into bankruptcy and the economy around them sank. Canada beats U.S. in pork sales to China - feet, elbows and all WINNIPEG/CHICAGO/BEIJING (Reuters) - Canada has overtaken the United States as the top North American supplier of pork to China as farmers and meat packers in both nations battle for lucrative shares of the biggest global market. Blackstone offers $2 billion for Finnish real estate firm Sponda HELSINKI (Reuters) - U.S. private equity group Blackstone Group said on Monday it had offered to buy all shares in Finnish real estate investment company Sponda for about 1.8 billion euros ($2.0 billion) as it seeks to expand its real estate business in the Nordic region. Foxconn says Apple, Amazon to join its bid for Toshiba chip business: Nikkei TOKYO (Reuters) - Apple Inc and Amazon.com Inc will join Foxconn's bid for Toshiba Corp's semiconductor business, the Nikkei business daily quoted Foxconn Chairman Terry Gou as saying on Monday. Oil jumps as Qatar ditched, London attacks hurt sterling SINGAPORE (Reuters) - Oil jumped after Saudi Arabia, Egypt, the United Arab Emirates and Bahrain cut ties with Qatar on Monday while sterling slipped after the weekend attacks in London that killed at least seven people and wounded 48, just days before Britain's general national election. GM China sales slip for second month in May as old model phased out BEIJING (Reuters) - General Motors Co on Monday said its sales in China fell in May for a second consecutive month, as the U.S. automaker phased out its older generation Buick Excelle in the high-volume small sedan segment. Related Video U.S. oil firms turn to CO2, and Congress, to help cut costs Tech leads Wall Street higher 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