Reuters Before the Bell: Small steps from stocks after rally, giant leap for yuan

Click to View in Browser Friday, January 11, 2019 Small steps from stocks after rally, giant leap for yuan Soothing words from the world's top central banks helped stocks consolidate a strong start to 2019 on Friday, while China's yuan capped its best week since it shed its dollar peg in 2005. Exclusive: GM's Cadillac will introduce EV in fight against Tesla - sources Cadillac is expected to become General Motors Co's lead electric vehicle brand as the largest U.S. automaker gears up to introduce a new model under that luxury marquee to challenge Tesla Inc , two people briefed on the matter said Thursday. Volkswagen delivered 10.8 million cars in 2018, eyes world No.1 spot Volkswagen Group said on Friday its passenger car deliveries rose 0.9 percent last year to a record 10.83 million, putting it neck-and-neck with Renault-Nissan-Mitsubishi in the race to be the world's biggest carmaker. After Monsanto patent ruling, Indian farmers hope for next-gen GM seeds Monsanto's victory this week in a patent case in India regarding genetically modified (GM) cotton seeds has raised hopes among farmers that the company will now launch its next-generation seeds. Italy judge acquits Autostrade CEO in 2013 motorway accident case An Italian judge on Friday acquitted Autostrade per l'Italia CEO Giovanni Castellucci in a case regarding a 2013 accident that killed 40 people on a motorway run by the company. Exclusive: Lessors to India's troubled Jet Airways consider taking back planes -sources Crisis talks between India's cash-strapped Jet Airways Ltd and aircraft lessors have failed to ease a row over late payments, prompting some lessors to explore taking back aircraft, three people familiar with the matter told Reuters. Timeline: Debt-laden Jet Airways' rocky ride Jet Airways Ltd , India's biggest full-service carrier, has been under dark clouds for the most part of the past year, and several efforts are on to save the sinking airline. China retailers slash iPhone prices after Apple sales warning Several Chinese electronics retailers including Alibaba-backed Suning and JD.com have slashed iPhone prices this week, after Apple recently blamed poor sales of the smartphone in the country for a rare revenue warning. Nissan ex-chief Ghosn seeks bail after indictment on two new charges Nissan ex-Chairman Carlos Ghosn has requested his release on bail after being indicted in Tokyo on Friday on two new charges, his lawyers said, as the once-feted auto executive awaits a lengthy criminal trial that could be as long as six months away. France's 'yellow vest' protests could shake up euro zone bond markets France's response to "yellow vest" protests could be a turning point for euro zone bond markets if it kicks off an era of increased public borrowing in the bloc and loads additional debt on to a market already nervous over the removal of ECB stimulus. Related Video Nissan's Ghosn indicted on two new charges Global markets: Fed injects feelgood factor, trade hopes help 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 2019 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