Thursday 21 September 2017

🔔 Reuters Before the Bell: Google bets anew on smartphones, pays $1.1 billion for HTC's Pixel division

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Thursday, September 21, 2017
Google bets anew on smartphones, pays $1.1 billion for HTC's Pixel division
TAIPEI/SAN FRANCISCO (Reuters) - Alphabet Inc's Google said it would pay $1.1 billion for the division at Taiwan's HTC Corp that develops the U.S. firm's Pixel smartphones - its second major foray into phone hardware after an earlier costly failure.
SEC says hackers may have traded using stolen insider information
WASHINGTON (Reuters) - The top U.S. markets regulator said on Wednesday that hackers accessed its corporate disclosure database and may have illegally profited by trading on the insider information stolen.
Oil prices slip ahead of key OPEC meeting
LONDON (Reuters) - Oil prices slipped on Thursday, giving up some recent gains before a meeting of oil producers that could extend production limits aimed at clearing a glut in supplies that has depressed the market for more than three years.
Futures flat after Fed signals third rate hike this year
(Reuters) - U.S. stock index futures were little changed on Thursday, a day after the Federal Reserve signaled that it could raise interest rates for the third time this year despite low inflation and disclosed plans to shrink its balance sheet.
Ryanair pilots offered more money but may have to change holiday plans
DUBLIN (Reuters) - Ryanair is offering pay rises to pilots but may force some to change their holiday plans in an effort to avoid adding to 2,000 flight cancellations, though CEO Michael O'Leary denied that pilots had threatened industrial action.
ECB may ask fintech banks to hold bigger buffers
FRANKFURT (Reuters) - High-tech banks looking to enter the fintech zone may be asked to hold bigger liquidity and capital buffers due to the unique nature of their risks, the European Central Bank said in draft licensing guidelines on Thursday.
Road to electric car paradise paved with handouts
JUDABERG, Norway (Reuters) - The Norwegian island of Finnoey has the highest density of electric cars in the world. The reason? They are exempt from the $6,000-a-year toll charges for the tunnel to the mainland.
Carlyle targets first-close of new Asia buyout fund at over $4 billion: sources
HONG KONG (Reuters) - Carlyle Group is targeting the first closing of a new Asia buyout fund within the next couple of months at over $4 billion, three people familiar with the matter said, bulking up in a region that has become a key market for global funds.
What is at stake for Uber in U.S. bribery probe?
SAN FRANCISCO (Reuters) - A U.S. bribery investigation at ride-hailing company Uber Technologies Inc [UBER.UL] will likely go on for a year or more and could lead to snowballing legal and compliance costs if lawyers find systemic problems.
Ryanair offers pay rise to some pilots on top of bonus
DUBLIN (Reuters) - Ryanair will hand pilots at some of its largest bases a 10,000 euro annual pay rise on top of a 12,000 euro bonus offered this week to those who help the airline alleviate a pilot shortage, Chief Executive Michael O'Leary said on Thursday.
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