Reuters Before the Bell: Sky says news is not a critical part of its business

Click to View in Browser Thursday, January 25, 2018 Sky says news is not a critical part of its business LONDON (Reuters) - Sky said Sky News was not a "critical" part of its customer offer, and no longer owning the 24-hour news channel would not make a material difference to its business. Caterpillar profit beats estimates as sales surge 35 percent (Reuters) - Caterpillar Inc beat estimates for fourth-quarter profit on Thursday as revenues surged 35 percent compared to a year earlier on the back of strong global demand for its construction and mining equipment. South Korea launches WTO challenge over U.S. tariffs GENEVA (Reuters) - South Korea has launched a challenge at the World Trade Organization over U.S. safeguard tariffs on washing machines, a filing published by the WTO showed on Thursday. Qualcomm signs $2 billion sales MOUs with Lenovo, Xiaomi, vivo and OPPO (Reuters) - Qualcomm Technologies Inc has signed memorandums of understanding for sales worth at least $2 billion with top Chinese smartphone vendors, receiving vocal support from the firms as it fights an unsolicited buyout bid from Broadcom Ltd . U.S. sparks fears of trade war as Trump arrives in Davos DAVOS, Switzerland (Reuters) - A day after sending the dollar reeling with comments supportive of a weak U.S. currency, U.S Treasury Secretary Steven Mnuchin said the Trump administration was not seeking a trade war but would defend its economic interests. Stock futures higher with ECB, earnings on tap NEW YORK (Reuters) - U.S. stock index futures advanced on Thursday as corporate earnings continue to roll in and investors awaited a flurry of economic data and an interest rate decision by the European Central Bank. Dollar skids lower as euro attention turns to ECB meeting LONDON (Reuters) - The dollar stumbled near multi-year lows on Thursday following the U.S. treasury secretary's comments that he welcomed a weaker greenback, while attention turned to whether the European Central Bank can stomach a surging euro at its policy decision. Solid U.S. economy, high rates point to strong dollar: SNB's Jordan ZURICH (Reuters) - Robust U.S. economic growth and relatively higher U.S. interest rates should support a strong dollar, Swiss National Bank Chairman Thomas Jordan said on Thursday. Exclusive: Small refiners hit EPA with surge of biofuel waiver requests: sources NEW YORK (Reuters) - More than two dozen small U.S. refineries are seeking waivers from the nation's biofuels law, an unusually high number that reflects growing oil industry resistance to the program, according to sources familiar with the matter. Volkswagen's Scania backs Northvolt's $5 billion Swedish battery plant STOCKHOLM (Reuters) - Volkswagen-owned truckmaker Scania will invest 10 million euros in Northvolt's more than 4 billion euro ($5 billion) project to build Europe's biggest battery plant in northern Sweden. Related Video Unilever makes strides in Africa's most populous country Nasdaq falls, S&P flat 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 2018 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