Bhinneka News Online: Reuters Daily Investor Update: June 1, 2017

Thursday, 1 June 2017

Reuters Daily Investor Update: June 1, 2017

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Thursday, June 1, 2017

U.S. coal stocks fall; exit from climate deal may hurt, not help

(This version of the May 31st story removes fourth paragraph, which does not reflect Peabody's current position on Paris accord)

U.S. factory activity edges up; private payrolls surge

WASHINGTON (Reuters) - U.S. factory activity ticked up in May after slowing for two straight months and private employers stepped up hiring, suggesting the economy is regaining speed after struggling at the start of the year.

Oil mixed; global crude glut drags despite big U.S. inventory draw

NEW YORK (Reuters) - Oil prices were mixed on Thursday, with Brent crude down on concerns that key producers were still adding to the global crude glut but U.S. crude up slightly after a larger-than-expected domestic inventory drawdown.

Wall Street rises as data points to accelerating economy

NEW YORK (Reuters) - U.S. stocks advanced on Thursday, with each of the major U.S. indexes notching record highs, after a batch of economic data suggested the economy was picking up speed.

Upbeat U.S. data propel S&P, Nasdaq to record highs; oil steadies

NEW YORK (Reuters) - Major world stock markets rose on Thursday, with the S&P 500 and Nasdaq hitting record highs on encouraging U.S. economic data, while oil prices stabilized near three-week lows following a bigger-than-expected drop in U.S. crude inventories.

Linde, Praxair agree $73 billion merger to create global gases leader

FRANKFURT/MUNICH (Reuters) - The boards of Linde and Praxair voted on Thursday to merge, creating a $73 billion global industrial gases leader in what is likely to be the last in a wave of combinations that has resulted in a highly consolidated market.

Exclusive: Google faces hefty EU fine in shopping case by August - sources

BRUSSELS (Reuters) - EU antitrust regulators aim to slap a hefty fine on Alphabet unit Google over its shopping service before the summer break in August, two people familiar with the matter said, setting the stage for two other cases involving the U.S. company.

Canada seeks tough line on Boeing jets but sends mixed message

OTTAWA (Reuters) - Canada, embroiled in a dispute with Boeing Corp, tried to hit out at the U.S. firm for the second day in a row on Thursday but stumbled over whether talks over a proposed jet purchase had been suspended or not.

Audi emissions scandal erupts after Germany says it detects new cheating

BERLIN (Reuters) - Audi's emissions scandal flared up again on Thursday after the German government accused the carmaker of cheating emissions tests with its top-end models, the first time Audi has been accused of such wrongdoing in its home country.

Canada suspends talks with Boeing over jet purchase

OTTAWA (Reuters) - The Canadian government has suspended talks with Boeing Co over the planned purchase of Super Hornet jets as a stopgap measure, an official said on Thursday.