Wednesday 9 January 2019

Reuters Before the Bell: Owners of Chrysler Building looking to sell: WSJ

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Wednesday, January 9, 2019
Owners of Chrysler Building looking to sell: WSJ
The owners of New York City's Chrysler Building have hired real estate services firm CBRE Group Inc to market the property, the Wall Street Journal reported on Wednesday, citing the chairman of CBRE's New York City capital markets group.
U.S.-China trade talks conclude as hopes of a deal build
Chinese and U.S. teams ended trade talks in Beijing on Wednesday that lasted longer than expected and officials said details will be released soon, raising hopes an all-out trade war that could badly disrupt the global economy can be avoided.
Former Insys CEO to plead guilty in opioid kickback case
The former chief executive of Insys Therapeutics Inc is expected on Wednesday to plead guilty to participating in a scheme to pay doctors bribes in exchange for prescribing an addictive opioid medication.
Oil rises 2 percent on U.S.-China trade talk optimism
Oil prices climbed 2 percent on Wednesday as the extension of U.S.-China talks in Beijing raised hopes that the world's two largest economies would resolve their trade standoff.
Exclusive: Fiat Chrysler nearing U.S. diesel emissions settlement - source
Fiat Chrysler Automobiles NV is nearing a settlement to resolve the U.S. Justice Department's allegations that the Italian-American automaker used illegal software to allow 104,000 U.S. diesel vehicles to pollute beyond legal limits, a person briefed on the matter said on Tuesday.
U.S.-China trade hopes lift world stocks, oil soars
World stocks extended their gains to hit a near-four week high and oil prices rose on Wednesday on optimism that the United States and China may be inching toward a trade deal, soothing fears of an all-out trade war.
Exclusive: Saudi private jet industry stalls after corruption crackdown
A crackdown on corruption in Saudi Arabia has severely dented the kingdom's private jet industry in a sign of the impact the campaign has had on private enterprise and the wealthy elite.
Apple cuts current-quarter production plan for new iPhones by 10 percent: Nikkei
Apple Inc , which slashed its quarterly sales forecast last week, has reduced planned production for its three new iPhone models by about 10 percent for the January-March quarter, the Nikkei Asian Review reported on Wednesday.
Exclusive: New documents link Huawei to suspected front companies in Iran, Syria
The U.S. case against the chief financial officer of China's Huawei Technologies, who was arrested in Canada last month, centers on the company's suspected ties to two obscure companies. One is a telecom equipment seller that operated in Tehran; the other is that firm's owner, a holding company registered in Mauritius.
Move aside, backseat driver! New tech at CES monitors you inside car
As vehicles get smarter, your car will be keeping eyes on you.
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Apple cuts Q1 production plan for new iPhones by 10 pct - Nikkei
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