Reuters Before the Bell: India's Wipro faces lawsuit from National Grid US

Click to View in Browser Friday, December 1, 2017 India's Wipro faces lawsuit from National Grid US (Reuters) - Wipro Ltd , India's No.3 software exporter, said on Friday that it would challenge a lawsuit filed by National Grid US seeking damages of over $140 million related to a project that dates back to 2009. Deficit doubts on tax bill cool Wall Street rally (Reuters) - U.S. stock futures pointed to a reversal of some of this week's gains for Wall Street on Friday as a delay in voting on a Republican tax overhaul kept investors on edge about its passage. U.S.-listed Chinese financial firms drop as China sets new rules (Reuters) - U.S.-listed shares of Chinese financial firms slipped in premarket trade on Friday after Reuters reported that China's regulators had circulated new rules to local governments to clamp down on cash loan firms. British Labour leader Corbyn tells Morgan Stanley: 'We're a threat' LONDON (Reuters) - Britain's opposition Labour leader Jeremy Corbyn warned Morgan Stanley that bankers are right to regard him as a threat because he wants to transform what he cast as a rigged economy that profits speculators at the expense of ordinary people. Germany removes Tesla from subsidies list as too pricey BERLIN (Reuters) - A German government agency has removed Tesla from the list of electric cars eligible for subsidies, sparking a row with the U.S. company over whether its Model S is too expensive to qualify for the scheme. Oil prices rise after OPEC extends output curbs LONDON (Reuters) - Oil prices rose on Friday, following an agreement by OPEC and other major producers to extend output curbs until the end of 2018 to try to reduce the global oil glut. Too cold for a theme park, Disney looks to toy stores in Russia MOSCOW (Reuters) - Though too cold for a theme park, Russia's underserved toy market makes it an attractive business prospect for Walt Disney Co , the head of its Russian operations said on Friday. Global manufacturing buoyed as focus shifts to rate hikes LONDON/HONG KONG (Reuters) - Global manufacturing expanded at the fastest pace in years last month and the second-best in two decades in the euro zone, driven by robust demand and bolstering the case for central banks to shift to tighter monetary policy. Exclusive: Tezos founders push for legal bailout from Swiss foundation NEW YORK/ZURICH (Reuters) - The couple behind the embattled Tezos cryptocurrency tech project wants the Swiss-based Tezos Foundation to cover their costs for lawsuits accusing them of fraud related to an online fundraiser it ran, people familiar with the matter told Reuters. Markets ignore best European factory data in 17 years LONDON (Reuters) - European shares traded lower on Friday despite strong euro zone factory data, after a delay to a keenly awaited U.S. tax reform bill dented Asian trading and curbed appetite for the dollar. Related Video OPEC extends oil production cut through 2018 end American Airlines scrambles for holiday pilots 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