Reuters Before the Bell: Nvidia to buy Israel's Mellanox for $6.8 billion in data center push

Click to View in Browser Monday, March 11, 2019 Nvidia to buy Israel's Mellanox for $6.8 billion in data center push Nvidia Corp said on Monday it will buy Israeli chip designer Mellanox Technologies Ltd for $6.8 billion in cash, a deal that would help the U.S. chipmaker boost its data center business. Levi Strauss IPO to raise as much as $587 million Jeans maker Levi Strauss & Co said on Monday it expects to raise as much as $587 million through its initial public offering, which marks its return to public markets after more than three decades. China and Indonesia halt Boeing 737 MAX 8 after Ethiopia crash China, Indonesia and Ethiopia grounded their Boeing Co 737 MAX 8 fleets on Monday while investigators found the black box from a crash that killed 157 people in the second disaster involving that airplane model in six months. Global Aerospace lead insurer for Boeing Britain's Global Aerospace is the lead insurer for the world's biggest plane maker Boeing Co, its top boss said on Monday. S&P, Nasdaq futures edge higher following lackluster week; Boeing pressures Dow The S&P 500 and Nasdaq futures eked out gains on Monday as investors took a cautious stance after a weak U.S. jobs report raised questions of slowing global growth, while a slide in planemaker Boeing's shares pressured Dow futures. Auto woes drive dip in German industrial output Plunging car production drove an unexpected drop in German industrial output in January, as the engine room of Europe's largest economy stuttered on trade tensions and unease about Brexit. Japan court blocks ex-Nissan boss Ghosn from attending board meeting A Tokyo court rejected ousted Nissan boss Carlos Ghosn's request to attend a board meeting this week, denying him a seat at the table even as the carmaker looks set to bolster an alliance he built over two decades. India to soon issue additional safety instructions for Boeing 737 MAX 8 planes India's Directorate General of Civil Aviation (DGCA) said on Monday it is reviewing safety issues related to Boeing's 737 MAX 8 aircraft operating in the country, a day after the fatal crash of one of the planes in Ethiopia. Tesla's Musk nears deadline to respond to SEC contempt bid Tesla Inc Chief Executive Elon Musk has until the end of the day on Monday to explain why he should not be held in contempt for recent tweets that U.S. securities regulators say violated a September fraud settlement. Chinese carriers, Ethiopian Airlines halt use of Boeing 737 MAX 8 aircraft after crash China's aviation regulator on Monday grounded nearly 100 Boeing Co 737 MAX 8 aircraft operated by its airlines, more than a quarter of the global fleet of the jets, after a deadly crash of one of the planes in Ethiopia. Related Video China orders its airlines to ground Boeing 737 MAX 8 jets Theatrics are only certainty in Brexit's next act 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