Thursday, 13 June 2019

Daily Investor Update: U.S. judge sets pre-trial hearing for Sprint/T-Mobile deal for next week

Reuters.com Newsletter

U.S. judge sets pre-trial hearing for Sprint/T-Mobile deal for next week

The judge hearing a request from state attorneys general to stop T-Mobile US Inc from buying Sprint Corp for $26 billion will hold a pre-trial hearing next week.

Wall Street edges higher as oil jumps after Gulf tanker attacks

U.S. stocks rose on Thursday after two days of declines, as energy shares rebounded with oil on concerns of supply disruption following attacks on two tankers in the Gulf of Oman.

Oil surges on Gulf tanker attacks; stocks rise on Fed rate cut expectations

Oil futures rose on Thursday after attacks on two tankers off the coast of Iran, while the U.S. Treasury yield curve steepened and stocks rose following economic data that was seen as strengthening the case for the Federal Reserve to cut interest rates this year.

U.S. healthcare stocks shielded from political pressures prove profitable

U.S. healthcare investors have found success this year buying stocks of companies whose products improve eyesight, treat pets and fix crooked teeth, all viewed as unlikely to fall victim to political and regulatory issues pressuring a wide swath of the sector.

Canada rejects idea of halting extradition of top Huawei executive to United States

Canadian Foreign Minister Chrystia Freeland on Thursday dismissed a suggestion that Ottawa block the extradition of a top executive from China's Huawei Technologies Co Ltd to the United States, saying it would set a dangerous precedent.

Huawei files to trademark mobile OS around the world after U.S. ban

China's Huawei has applied to trademark its "Hongmeng" operating system (OS) in at least nine countries and Europe, data from a U.N. body shows, in a sign it may be deploying a back-up plan in key markets as U.S. sanctions threaten its business model.

Airbus in talks with Indigo Partners on A321XLR sale: sources

Airbus is in talks with U.S.-based private equity firm Indigo Partners about a potential sale of its new A321XLR passenger jet, industry sources said on Thursday.

U.S. denies Tesla, Uber 25% tariff relief on components, e-bikes

The Trump administration is expanding its efforts to block the use of Chinese technology in advanced vehicles, denying additional requests by Tesla Inc for tariff relief on key components of its electric vehicles, and rejecting ride hailing company Uber's petition to waive tariffs on electric scooters.

In VW Chattanooga vote, UAW seeks elusive U.S. southern toehold

For the second time in five years, workers at Volkswagen AG's Chattanooga, Tennessee, assembly plant have been voting this week on whether to unionize, potentially handing the United Auto Workers its first toehold in the U.S. South.

Uber loses bid for U.S. tariff relief on Chinese-made e-bike

The U.S. Trade Representative's Office rejected Uber Technologies Inc's request for relief from 25% tariffs imposed on Chinese-made electric bicycles, according to a May 29 letter.

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