Reuters Before the Bell: Impact of India-Pakistan tensions spreads from Asia to Europe

Click to View in Browser Wednesday, February 27, 2019 Impact of India-Pakistan tensions spreads from Asia to Europe Global stocks traded lower on Wednesday after fresh hostilities between India and Pakistan led Asian assets to slip and investors sought "safe havens" such as the yen and Swiss franc. Campbell Soup reports 2nd quarter loss Campbell Soup Co on Wednesday reported a quarterly loss, hurt by impairment charges of $346 million for its struggling fresh food business. Futures dip as Trump-Kim summit starts, India-Pakistan tensions flare U.S. stock index futures edged lower on Wednesday, mirroring global markets, as the second U.S.-North Korean nuclear summit kicked off and fresh hostilities erupted between nuclear-armed neighbors India and Pakistan. Huawei, Samsung agree to settle patent dispute in U.S. court China's Huawei Technologies and South Korea's Samsung Electronics have agreed to settle a two-year old patent dispute in the United States, court documents show. Investor Cerberus open to Deutsche Bank merger with Commerzbank: source U.S. investor Cerberus, a major shareholder in both Deutsche Bank and Commerzbank, is open to a merger between Germany's two biggest lenders, a person familiar with the matter said on Wednesday, raising the chances of a tie-up. StanChart hiring Chinese-speaking bankers to connect its network Standard Chartered is targeting more trade-focused business from Chinese companies by hiring around 15 bankers worldwide, a source familiar with the plans told Reuters. FedEx partners with Walmart, Pizza Hut to test last-mile delivery robot FedEx Corp this summer plans to begin testing a robot to handle home deliveries for partners ranging from Walmart Inc to Pizza Hut. Best Buy holiday-quarter sales beat estimates; shares surge Best Buy Co Inc reported better-than-expected holiday quarter profit and sales on Wednesday, driven by strong demand for wearable devices, gaming consoles and appliances. You don't need a PhD anymore to read Fed's statements The Fed's policy statements grew so complicated after the recession that standard gauges of readability suggested people needed four years of university or more to understand them. Volvo's Polestar joins electric car race with rival to Tesla 3 Volvo Cars' luxury performance brand Polestar unveiled online its first fully electric sedan on Wednesday, with a price and driving range to rival Tesla's mass market Model 3. Related Video UK's M&S pays 750 million pounds to seal Ocado online food tie-up Huawei, U.S. square off in Barcelona 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