Reuters Before the Bell: SoftBank launches $5 billion fund to invest in LatAm tech firms

Click to View in Browser Thursday, March 7, 2019 SoftBank launches $5 billion fund to invest in LatAm tech firms Japan's SoftBank Group Corp said on Thursday it had launched a new $5 billion innovation fund to invest in technology companies in Latin America Futures edge lower as investors await fresh triggers U.S. stock futures ticked lower on Thursday after three days of declines, as investors sought fresh reasons to buy following a strong run in stocks this year. Xerox restructures business to create holding company Xerox Corp said on Thursday it will implement a structure in which the printer maker will become a wholly owned unit of a new holding company. Global stocks stuck in worst run of the year ahead of ECB World stocks were stuck in their worst run of the year and bonds were on the rise on Thursday, as investors waited for confirmation that the European Central Bank will start shoveling cheap cash at the euro zone again. Rent the Runway and West Elm partner to rent customers home decor Rent the Runway will partner with Williams-Sonoma Inc's West Elm brand to allow subscribers to rent home decor, the clothing rental company said on Thursday. Deutsche Post plays down impact of trade tensions on its business Deutsche Post DHL Group on Thursday forecast profit growth for this year that lagged analysts' expectations, but played down concerns over global trade, saying more complex supply chains could in the near term benefit its business. Huawei sues U.S. over curbs on Huawei equipment use Chinese telecommunications giant Huawei Technologies Co Ltd filed a lawsuit against the United States late Wednesday, alleging that it acted illegally by enacting a law that forbids the government from doing business with companies that use Huawei equipment as a "substantial or essential component" of their system. Huawei fights back against U.S. blackout with Texas lawsuit Chinese telecoms equipment maker Huawei Technologies sued the U.S. government on Thursday saying a law limiting its U.S. business was unconstitutional, ratcheting up its fight back against a government bent on closing it out of global markets. Ghost workers sap Tunisia's phosphate wealth METLAOUI, Tunisia - Tunisia's state phosphate firm CPG pays Abdel-Basset Klifhi a salary of $280 a month, even though he spends most days in his favorite cafe in the southern town of Metlaoui. Unlikely twins and differing fortunes: Malaysia's Petronas & Indonesia's Pertamina On the southernmost edge of the Asian landmass and on the shores of the busy shipping lanes of the Singapore Strait, Malaysia's Petronas is starting up a state-of-the art petroleum processing hub, called RAPID. Related Video U.S. trade gap balloons to 10-year high Electric 'hypercars' target eco-conscious billionaires 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