Reuters Before the Bell: General Electric to pay $57 million for missing French job target: ministry

Click to View in Browser Tuesday, February 5, 2019 General Electric to pay $57 million for missing French job target: ministry General Electric is to pay 50 million euros ($57 million) for failing to meet a job creation target agreed when it took over French group Alstom's energy business, the French Finance Ministry said on Tuesday. Volkswagen courting Swedish investors to anchor Traton truck IPO: sources Volkswagen is in talks with Swedish institutional investors AMF, AP Fund 1 and 4, Investor AB and Folksam about being cornerstone shareholders in the dual listing of its trucks unit Traton in Stockholm and Frankfurt, people familiar with the talks said. Archer Daniels Midland profit misses estimates U.S. grains trader Archer Daniels Midland Co on Tuesday missed Wall Street estimates for quarterly profit, hurt by higher expenses and lower margins in its origination business. 'Bumblebee' drives Viacom profit beat; revenue just short Viacom Inc beat analysts' estimates for profit on Tuesday, boosted by higher fees from U.S. cable and satellite operators and the success of "Transformers" reboot "Bumblebee". In squeezed oil industry, some rethink hunt for new barrels New partnerships are emerging in the global hunt for oil discoveries, with some explorers essentially offering an outsourcing service for the riskiest part of the energy business. Exclusive: Indian steel firms seek higher duties on steel imports as prices drop Indian steel firms are putting pressure on the nation's government to impose higher duties on imports as trade disputes and a global economic slowdown divert surplus Asian steel stocks to India, industry executives and government sources said. Exclusive: Fed could raise rates as much as twice this year - BlackRock's Rieder The Federal Reserve wants to raise interest rates one to two more times this year and will do so if inflation gathers steam, BlackRock Inc's Rick Rieder told Reuters this week. Merkel sets out condition for Huawei's participation in 5G network German Chancellor Angela Merkel said on Tuesday Germany needs guarantees that China's Huawei Technologies will not hand over data to the Chinese state before the telecoms equipment supplier can participate in building its 5G network. German minister: Clear rules apply to all providers in building 5G network German Economy Minister Peter Altmaier said on Tuesday that only secure technology could be installed to build Germany's 5G network, adding that clear rules applied to all providers. Alphabet's higher spending worries investors, shares dip Alphabet Inc reported sharply higher fourth-quarter spending on video content, employees and facilities, worrying investors who sent the tech company's shares down about 3 percent after hours on Monday. Related Video Slack confidentially files for IPO Trump plans to nominate Treasury's Malpass to lead World Bank 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