Reuters Before the Bell: Trump's tax plan to propose deep U.S. rate cuts, lacks revenue details

Click to View in Browser Wednesday, September 27, 2017 Trump's tax plan to propose deep U.S. rate cuts, lacks revenue details WASHINGTON (Reuters) - U.S. President Donald Trump will call on Wednesday for slashing tax rates on businesses and the wealthy as part of a new tax plan that is likely to offer few details about how to pay for the cuts without expanding the federal deficit. France backs Siemens-Alstom rail deal despite job fears PARIS (Reuters) - The French government said on Wednesday that combining the rail operations of Germany's Siemens AG with Alstom would preserve "strategic interests" amid fears over job cuts. Special Report: Drowning in grain - How Big Ag sowed seeds of a profit-slashing glut CARMAN, Manitoba (Reuters) - On Canada's fertile Prairies, dominated by the yellows and golds of canola and wheat, summers are too short to grow corn on a major scale. U.S. slaps steep duties on Bombardier jets after Boeing complaint MONTREAL/NEW YORK (Reuters) - The U.S. Commerce Department on Tuesday slapped preliminary anti-subsidy duties on Bombardier Inc's CSeries jets after rival Boeing Co accused Canada of unfairly subsidizing the aircraft, a move likely to strain trade relations between the neighbors. UK warns Bombardier dispute could jeopardize its ties with Boeing BELFAST (Reuters) - Britain's defense secretary on Wednesday warned that a trade challenge taken by Boeing against Canadian rival Bombardier could jeopardize the U.S. firm's relationship with Britain, one of its biggest defense clients. UK Business Secretary confident will be able to have Bombardier case dismissed LONDON (Reuters) - British Business Secretary Greg Clark said on Wednesday he was confident he would be able to have the U.S. anti-subsidy complaint against Bombardier dismissed. Dismayed Britain chides Boeing over Bombardier ruling LONDON (Reuters) - Britain is bitterly disappointed by a U.S. decision to slap duties on a Boeing competitor's jets, Prime Minister Theresa May said on Wednesday, promising to fight for thousands of jobs in Northern Ireland that the ruling puts at risk. Uber defends business model at UK tribunal on worker rights LONDON (Reuters) - Uber told a British employment appeal tribunal on Wednesday its drivers were self-employed, not workers entitled to a range of benefits, less than a week after it heard it would lose its London license. SK Hynix set to invest in Toshiba chip unit, details consortium's plans SEOUL/TOKYO (Reuters) - South Korea's SK Hynix Inc said on Wednesday its board had approved its participation in a Bain Capital-led consortium that plans to purchase Toshiba Corp's memory chip unit for 2 trillion yen ($17.7 billion). Yellen lifts dollar as global markets await Trump tax plan LONDON (Reuters) - Growing expectations that the U.S. Federal Reserve will raise interest rates for the third time this year lifted the dollar on Wednesday, and European share prices rose as President Donald Trump's administration prepared to outline a new tax plan. Related Video Twitter to test 280-character tweets India's Reliance bets big on data with cut-price phone 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