Breaking business news: Futures higher as Irma weakens, North Korea tensions ease

Click to View in Browser Monday, September 11, 2017 Futures higher as Irma weakens, North Korea tensions ease (Reuters) - U.S. stock index futures were sharply higher on Monday on relief that Hurricane Irma weakened and North Korea did not conduct a nuclear test over the weekend as feared. Insurers ache for qualified inspectors after U.S. hurricanes (Reuters) - Insurers are scrambling to find inspectors in Texas and Florida after fierce hurricanes battered the states one after the other, causing tens of billions of dollars' worth of property damage in less than two weeks. Lucky 8? $1,000 price tag dampens iPhone enthusiasm in China BEIJING (Reuters) - Apple Inc will launch an expected "iPhone 8" on Tuesday, hoping the number's auspicious connotations in China will help turn around fortunes in the world's biggest smartphone market after six quarters of falling sales. In sunny Monte Carlo, insurers tally hurricane costs MONACO (Reuters) - As Hurricane Irma battered Florida, the cream of the insurance world -- gathered under the Mediterranean sun in Monte Carlo -- was assessing the costs of the storm for the global industry. Mercedes-Benz to offer electric option for every car by 2022 FRANKFURT (Reuters) - Daimler's Chief Executive Dieter Zetsche on Monday said Mercedes-Benz will offer electric versions of all its models by 2022, converting its Smart city car brand to become fully electric. Japan to sell $12 billion of Japan Post Holdings, growth potential under scrutiny TOKYO (Reuters) - Japan's government on Monday said it will sell $12 billion worth of Japan Post Holdings Co Ltd stock in an announcement that fund managers gave a tepid reception, saying limited growth prospects is likely to dull demand from institutional investors. David v Goliath: Deezer seeks musical edge on Spotify LONDON (Reuters) - From Brazilian gospel to Puerto Rican reggaeton and Dutch hip-hop, music streaming company Deezer is scouring the globe for gaps in the market where it can survive and thrive against Spotify and Apple. Irma a 'major event' for insurance industry: Munich Re board member MONACO (Reuters) - Hurricane Irma is proving to be a "major event" for Florida and the insurance industry, Torsten Jeworrek, member of the board of the German reinsurance giant Munich Re , said on Sunday. ExxonMobil slashes LNG price to India in bad omen for producers MELBOURNE/NEW DELHI (Reuters) - India has won a price cut on a 20-year liquefied natural gas (LNG) deal with global giant ExxonMobil Corp in a rare contract renegotiation, a bad sign for producers in a heavily oversupplied global market. Global shares return to record high as Irma loses strength LONDON (Reuters) - World shares returned to a record high on Monday, on relief that hurricane Irma looked to be losing strength in the United States and that North Korea's anniversary celebrations at the weekend passed without any new missile test. Related Video Global economy: UK inflation targets still proving elusive Caribbean islands fear grim tourist season after Irma 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