Wednesday, 5 July 2017

🔔 Reuters Before the Bell: July 5, 2017

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Wednesday, July 5, 2017
S&P, Dow futures flat as Fed minutes awaited
(Reuters) - The S&P and the Dow futures were little changed on Wednesday as investors awaited minutes of the Federal Reserve's last meeting for clues on interest rate hikes.
Global stocks recover as eyes shift to Fed minutes
LONDON (Reuters) - Stock markets rode out the latest rise in tensions around North Korea on Wednesday, main markets in both Europe and Asia inching higher as attention moved to minutes from the U.S. Federal Reserve's last meeting.
Monte Paschi looks to leave 'emergency room' and return to profit
MILAN (Reuters) - Italian bank Monte dei Paschi di Siena set out plans to get out of the "emergency room" and return to profit on Wednesday, clearing the way for a state bailout that should remove the biggest threat to the country's financial stability.
Deutsche Bank CEO says he has no plans step down: Die Zeit
FRANKFURT (Reuters) - Deutsche Bank Chief Executive John Cryan said he has no plans to step down from the helm of Germany's biggest lender, he told German weekly Die Zeit in an interview.
Ominous signs from British firms, but euro zone loses momentum too
LONDON (Reuters) - British companies are giving ominous signs about the economy, just as the government embarks on European Union divorce negotiations, data showed on Wednesday, although momentum in the euro zone has lost some momentum.
Airbus signs deal to sell 140 planes to China
BERLIN (Reuters) - Airbus has signed an agreement to sell 140 aircraft to China, it said on Wednesday, in a deal worth around $23 billion at list prices.
Oil retreats after bull run, on rising OPEC exports, strong dollar
LONDON (Reuters) - Oil prices fell more than 1 percent on Wednesday, ending their longest bull-run in more than five years, as climbing OPEC exports and a stronger dollar turned sentiment more bearish.
Poland says close to missile launchers deal with Lockheed Martin
WARSAW (Reuters) - Poland will probably sign a supply deal with Lockheed Martin very soon for its long-planned HOMAR mobile artillery missile launcher project, defense minister Antoni Macierewicz said on Wednesday, ahead of a visit to Warsaw by U.S. President Donald Trump.
Geely's Volvo to go all electric with new models from 2019
STOCKHOLM (Reuters) - All Volvo car models launched after 2019 will be electric or hybrids, the Chinese-owned company said on Wednesday, making it the first major traditional automaker to set a date for phasing out vehicles powered solely by the internal combustion engine.
GM China says sales rebound in June, promises 10 models in second half
BEIJING (Reuters) - General Motors Co on Wednesday said sales rose in China in June after two consecutive months of decline, and promised to rebuild momentum in the world's largest car market with 10 new or refreshed models in the second half of 2017.
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