Reuters Before the Bell: U.S. Commerce Secretary Ross tells China to guarantee fair treatment for U.S. firms

Click to View in Browser Tuesday, September 26, 2017 U.S. Commerce Secretary Ross tells China to guarantee fair treatment for U.S. firms BEIJING (Reuters) - U.S. Commerce Secretary Wilbur Ross said China needed to "guarantee fair and reciprocal treatment for U.S. firms" as he tried to strike an upbeat tone on a visit to Beijing amid trade tensions between the two countries. Western Digital to seek injunction to block Toshiba's $18 billion chip unit sale TOKYO (Reuters) - Western Digital Corp said on Tuesday it will seek an injunction to block the sale of Toshiba Corp's prized semiconductor business to a rival group, upping the ante in an acrimonious battle with its chip venture partner. Bombardier aims to close plane deals ahead of Canadian PM's China visit SHANGHAI (Reuters) - Planemaker Bombardier aims to close deals with Chinese airlines in time for an expected trip by Canadian Prime Minister Justin Trudeau to China next month, a senior Bombardier executive said on Tuesday. Alibaba takes control of logistics business, pledges $15 billion to expand network HONG KONG/BEIJING (Reuters) - Chinese e-commerce firm Alibaba Group has taken control of logistics unit Cainiao and pledged to spend 100 billion yuan ($15 billion) over five years to build out a global logistics network, underscoring aggressive expansion plans overseas. BHP, world's largest miner, says 2017 is 'tipping point' for electric cars SINGAPORE (Reuters) - This year looks set to be the "tipping point" for electric cars, Arnoud Balhuizen, chief commercial officer at global miner BHP said on Tuesday, with the impact for raw materials producers to be felt first in the metals market, and only later in oil. U.S. companies urge EU to refrain from unilateral moves on Web tax BRUSSELS (Reuters) - The European Union's plans to increase taxes on digital firms risks undermining the bloc's growth and stifle global efforts to find common solutions, U.S. companies operating in the EU said on Tuesday. North Korea war cries stifle stocks, euro still groggy LONDON (Reuters) - World stocks and the euro fell for a fourth day on Tuesday, as investors that had piled into both all year took a step back as the list of global uncertainties began to lengthen again. Under activist pressure, Nestle sets margin goal LONDON/ZURICH (Reuters) - Nestle , under pressure from activist shareholder Third Point, set an operating margin target for the first time, although it was seen as conservative and fell short of rival Unilever's ambitions . ABB teams up with Northvolt on Europe's biggest battery plant ZURICH/STOCKHOLM (Reuters) - Swiss engineering group ABB has joined Northvolt's project to build Europe's largest lithium-ion battery factory in Sweden to cater for expected demand growth for electric cars. Nestle says approach to L'Oreal stake unchanged ZURICH (Reuters) - Nestle said on Tuesday its approach to its 23 percent stake in French cosmetics firm L'Oreal was unchanged after the death of L'Oreal heiress Liliane Bettencourt last week triggered speculation of an ownership shake-up. Related Video After German election, Macron to set out his vision for Europe Kenyan farmers go nuts for macadamias 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