Reuters Before the Bell: Shell plans to boost returns and become a force in power

Click to View in Browser Tuesday, June 4, 2019 Shell plans to boost returns and become a force in power Royal Dutch Shell outlined plans on Tuesday to boost shareholder returns after 2020, while also increasing spending on oil, gas and power, as it capitalizes on years of cost cutting to prepare for a lower carbon future. Stocks fend off tech problems; bonds stay strong European stock markets and Wall Street futures clawed higher on Tuesday, though worries about a clampdown on the world's internet and social media giants and mounting recession jitters kept caution levels high. FCA-Renault bid clears French hurdles as board meets: sources Renault directors were preparing to review Fiat Chrysler's (FCA) $35 billion merger offer on Tuesday, after the Italian-American carmaker resolved differences with the French government overnight, three sources said. CVS to expand health hubs to 1,500 stores by end of 2021 CVS Health Corp said it would offer expanded health services such as nutrition counseling and blood pressure screenings in 1,500 stores by the end of 2021, following through on plans announced during the pharmacy chain's 2018 acquisition of health insurer Aetna. Walmart faces major India test over unit Flipkart's legal spat with startup An Indian startup's legal challenge against a Walmart unit claiming losses caused by sharp discounting of its products is winning support from other online sellers, in what is shaping as a key test of how the giant retailer operates in the country. UK's May will make clear to Trump that Huawei role is under review: spokeswoman Prime Minister Theresa May will make clear to U.S. President Donald Trump on Tuesday that Britain is reviewing "the right policy" on Chinese company Huawei and its involvement in the UK's 5G telecommunications network, her spokeswoman said. Uber says IRS looking at its 2013-14 tax returns The U.S. Internal Revenue Service is currently looking at Uber Technologies Inc's taxes for 2013 and 2014, and the ride-hailing company said it expects unrecognized tax benefits to be reduced within the next year by at least $141 million. Walmart expands education program for workers ahead of controversial shareholders meeting Walmart Inc said on Tuesday it is seeking to attract high school students by offering them a low-cost path to a college degree and will expand an education program it started a year ago - in a new bid to draw workers in a tight labor market. U.S. firms fret as China's FedEx probe, planned hit-list heightens trade frictions The sudden deterioration in trade talks between the United States and China last month has ratcheted up concerns among U.S. firms that the dispute could go beyond tariffs and affect business in the long-term. Exclusive: SEC probes Siemens, GE, Philips in alleged China medical equipment scheme The U.S. Securities and Exchange Commission is investigating Siemens AG, Philips NV and General Electric Co for allegedly using local middlemen to negotiate bribes with Chinese government and hospital officials to sell medical equipment, two U.S. sources with knowledge of the matter told Reuters. Related Video Trump's UK visit turns to Brexit, Huawei amid London protests Tech selloff spreads to European stocks 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