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Friday, 8 September 2017

🔔 Reuters Before the Bell: U.S. stock futures drop as Irma heads toward Florida

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Friday, September 8, 2017
U.S. stock futures drop as Irma heads toward Florida
(Reuters) - U.S. stock index futures were lower on Friday as Hurricane Irma bore down on Florida even as Texas struggles with the devastation caused by Hurricane Harvey.
New York City comptroller wields new clout in boardroom diversity drive
BOSTON (Reuters) - New York City Comptroller Scott Stringer is wielding more clout as he presses more than 150 U.S. companies to detail plans to diversify their boardrooms.
Uber to stop using diesel cars in London by end 2019
LONDON (Reuters) - Uber [UBER.UL] will cease using diesel cars in London by the end of 2019 and the vast majority of rides will be in electric or hybrid vehicles by then, the taxi app said on Friday.
Euro rally keeps dollar in the doldrums
LONDON (Reuters) - The dollar remained mired near its lowest levels since early 2015 as European Central Bank President Mario Draghi's suggestion that the ECB may begin tapering its massive stimulus program this autumn continued to underpin the euro.
French probe alleges 2 million PSA cars had engine cheats: Le Monde
PARIS (Reuters) - The French investigation into alleged emissions cheating by PSA Group found that suspect software had been used on almost 2 million vehicles sold by the maker of Peugeot and Citroen cars, Le Monde reported on Friday.
Will Saudi Aramco deliver world record profit for next year's IPO?
LONDON (Reuters) - When oil giant Saudi Aramco discloses its financials for the first time next year, it must either surprise investors with world record profits or reduce its aspirations for a $2 trillion valuation in its initial public offering (IPO). [IPO-ARMO.SE]
Fresh China worries hit Hyundai, suppliers even as plant restarts
SEOUL/SHANGHAI (Reuters) - Shares in Hyundai Motor and its suppliers slid on Friday on fresh worries over their position in China after highly critical state newspaper comments, even as the South Korean automaker managed to get a Chinese car plant restarted.
Oil steady as Irma heads for Florida, Saudi Arabia cuts supply
LONDON (Reuters) - Oil prices steadied on Friday after almost a week of sharp rises as Hurricane Irma, one of the most powerful storms in a century, drove towards Florida after tearing through the Caribbean.
The next oil major? Service firm Schlumberger's big bet on production
HOUSTON (Reuters) - The world's largest oilfield services company, Schlumberger NV , is spending billions of dollars buying stakes in its customers' oil and gas projects - investing in the same ventures it supplies with equipment and expertise.
German competition watchdog to announce Facebook findings by year-end
FLORENCE (Reuters) - The initial findings of Germany's investigation of U.S. social network company Facebook over possible market abuse will be announced by the end of the year, the country's cartel office said on Friday.
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