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Friday, 3 November 2017

Reuters Before the Bell: Apple sees strong holiday sales, smooth sailing for iPhone X

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Friday, November 3, 2017
Apple sees strong holiday sales, smooth sailing for iPhone X
SAN FRANCISCO (Reuters) - Apple Inc on Thursday reported better-than-expected earnings and offered a rosy forecast for the holiday shopping season, allaying investor concerns about production delays on the new iPhone X and demonstrating remarkable strength across its growing line of products and services.
iPhone X seen taking Apple closer to trillion-dollar valuation
(Reuters) - Apple Inc took a step closer to becoming a trillion dollar company after the tech giant reported a blowout third quarter on Thursday and shrugged off concerns related to the $999 iPhone X.
Futures rise with Apple ahead of jobs data
(Reuters) - Apple's upbeat results and strong initial demand for the new iPhone X put Wall Street on track for a strong opening on Friday, while investors watched out for October jobs data for clues on the strength of the labor market.
Singapore police examine Goldman's role in 1MDB deals: Bloomberg
(Reuters) - Singaporean prosecutors and police are looking at Goldman Sachs Group's relationship with scandal-hit Malaysian state investment fund 1MDB, Bloomberg reported, citing people familiar with the matter.
World stocks pause, dollar creeps up ahead of payrolls
LONDON (Reuters) - World shares took a breather and the dollar crept up on Friday, as investors turned their attention to monthly U.S. jobs data after welcoming the appointment of a centrist to the helm of the country's central bank, the Federal Reserve.
T-Mobile and Sprint work to save merger talks: WSJ
FRANKFURT (Reuters) - T-Mobile US and Sprint are working to salvage their $74 billion merger and could reach a deal within weeks, the Wall Street Journal reported, citing people familiar with the matter.
GSK's R&D head to leave for top UK government job: source
LONDON (Reuters) - GlaxoSmithKline's research and development head Patrick Vallance is set to leave the drugmaker to become the British government's new chief scientific adviser, a person familiar with the matter said on Friday.
Toyota China sales likely to grow steadily but lag Japan rivals
BEIJING (Reuters) - Toyota Motor Corp , Japan's biggest automaker by volume, has fallen to the No. 3 spot among Japanese automakers in China, due to lack of presence in a key segment – a situation experts say will likely prevail well past the middle of 2018.
U.S. job growth seen surging after storm-related disruptions
WASHINGTON (Reuters) - U.S. job growth likely rebounded sharply in October after hurricane-related disruptions depressed employment in September, in a move that could seal the case for an interest rate increase from the Federal Reserve in December even as wage growth probably slowed.
Central bankers on the move, but where's the inflation?
LONDON (Reuters) - Now the Bank of England has raised interest rates for the first time in a decade, it is beyond doubt major central banks in industrialized economies are eager to shift away from ultra-easy policy.
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