🔔 Reuters Before the Bell: June 9, 2017

Click to View in Browser Friday, June 9, 2017 GM confident of India dealer settlement though half object to terms: sources NEW DELHI (Reuters) - General Motors Co is confident of reaching a settlement with dealers in India before halting sales in the country even though half say the compensation on offer is too low, people familiar with the matter said after the first round of talks. Dollar cleans up as UK election shock stuns sterling LONDON (Reuters) - A shock British election result that left no single party with a clear claim to power hit sterling on Friday and left the dollar on course for its best week in over a month, while world shares headed toward their first weekly fall since April. Airbus CEO worried by Qatar crisis, risk of hard Brexit TOULOUSE, France (Reuters) - The head of Airbus expressed worries about growing geopolitical uncertainties on Thursday, calling the rift between key customer Qatar and its Gulf neighbors troubling and warning of the impact of a "hard Brexit" on the planemaker's UK operations. Oil's price fall stalls despite supply glut LONDON (Reuters) - Oil prices steadied on Friday following steep falls earlier in the week, pressured by widespread evidence of a fuel glut despite efforts led by OPEC to tighten the market. SoftBank to buy robotics businesses from Alphabet Inc TOKYO (Reuters) - SoftBank Group Corp said it would buy two firms that build walking robots from Google's parent company, Alphabet Inc , adding to the Japanese company's growing artificial intelligence portfolio. Airbus predicts $5.3 trillion jet demand, trims traffic outlook TOULOUSE, France (Reuters) - Airbus raised its 20-year forecast for aircraft demand on Friday to 34,170 jetliners and 730 freighters worth $5.3 trillion while trimming its traffic growth outlook. Airbus ready to boycott suppliers who perform badly TOULOUSE, France (Reuters) - Airbus warned suppliers on Friday that they risk a group-wide boycott if they fail to come up to standard for one of the group's businesses. Hong Kong, Singapore rivalry hobbling Asia in $100 billion fintech race: lobby group HONG KONG (Reuters) - Asia's competitiveness in fintech is being undermined by the rivalry among the region's financial centers that has created regulatory complexity and uncertainty, a financial lobby group has warned. Firms see big bucks in upgrade of U.S. air traffic control system SEATTLE (Reuters) - Inside the control tower at John F. Kennedy International Airport, air traffic controllers can track planes traveling hundreds of miles away. Mexico sugar deal hard to swallow for last U.S. candy cane maker NEW YORK (Reuters) - For the last U.S.-based manufacturer of the red and white striped candy cane that is a ubiquitous North American holiday season treat, the sugar supply deal struck between Mexico and Washington is anything but sweet. Related Video Sterling stunned by UK election shock Pandora buys time to explore investment from Sirius XM 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