Reuters Business Today: June 9, 2017

Click to View in Browser Friday, June 9, 2017 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 day in over a month, while world shares headed toward their first weekly fall since April. 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. 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 forecast for deliveries by 6 percent to 34,899 aircraft worth $5.3 trillion over the next 20 years, creating jobs for more than a million pilots and technicians as China surges past the United States to dominate air travel. EU approves J&J purchase of Actelion subject to conditions BRUSSELS (Reuters) - EU antitrust regulators approved on Friday Johnson & Johnson's planned purchase of Actelion Pharmaceutical subject to conditions intended to ensure clinical development of insomnia drugs were unaffected. Born-again BlackBerry: Canadian icon hopes to ride trucks to growth BOLTON, Ontario (Reuters) - A visit to trucking firm Titanium Transportation helps explain why BlackBerry's stock is once again a darling in Canadian markets, having soared 70 percent in two months. Toshiba says Western Digital meeting didn't dispel concerns over chip proposal TOKYO (Reuters) - Toshiba Corp said that Western Digital Corp CEO Steve Milligan met with its executives on Friday but failed to dispel concerns about the U.S. firm's proposal to buy Toshiba's prized chip unit. Oil comeback for cut-exempt producers threatens to swamp OPEC LONDON (Reuters) - OPEC's battle against an oil glut is under threat as unsold crude from members Nigeria and Libya, which are exempt from a global production-cutting deal, is swamping the Atlantic Basin. 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. 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. Related Video A $480 million investment duet for Sirius XM, Pandora Apple gets serious about Siri Counterparties is a curated snapshot of the best finance news and commentary around the web. Register Today News you can use with actionable, timely advice for managing your financial life, including retirement, taxes, real estate, education and more. 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