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Thursday, September 14, 2017

Futures flat ahead of key inflation data

(Reuters) - U.S. stock index futures were little changed on Thursday ahead of key inflation data that could impact the Federal Reserve's decision on the timing of another interest rate hike this year.

U.S. jobless claims fall, but impacted by Harvey and Irma

WASHINGTON (Reuters) - The number of Americans filing for unemployment benefits unexpectedly fell last week, but the data was impacted by hurricanes Harvey and Irma, making it difficult to get a clear pulse of the labor market.

Trump administration orders purge of Kaspersky products from U.S. government

WASHINGTON (Reuters) - The Trump administration on Wednesday told U.S. government agencies to remove Kaspersky Lab products from their networks, saying it was concerned the Moscow-based cyber security firm was vulnerable to Kremlin influence and that using its anti-virus software could jeopardize national security.

Trump bars Chinese-backed firm from buying U.S. chipmaker Lattice

(Reuters) - U.S. President Donald Trump blocked a Chinese-backed private equity firm from buying a U.S.-based chipmaker on Wednesday, sending a clear signal to Beijing that Washington will oppose takeover deals that involve technologies with potential military applications.

Aramco says IPO on track after report it is preparing for possible delay

(Reuters) - Saudi Aramco's planned initial public offering remains on track, the company said on Thursday, after Bloomberg reported that the oil company is preparing contingency plans for a possible delay by a few months into 2019.

Daimler drives its electric truck business into the United States

DETROIT (Reuters) - Daimler AG will turn up the volume on its electric commercial truck efforts on Thursday, announcing plans to bring a fleet of battery-powered Fuso delivery vehicles to customers in New York City as rivals gear up to jump into the market.

UK confirms Murdoch's Sky bid will be examined over broadcasting standards

LONDON (Reuters) - Rupert Murdoch's Twenty-First Century Fox Inc will have to prove it can uphold broadcasting standards in Britain to secure its $15 billion takeover of broadcaster Sky following concerns over his Fox News operations.

London Mayor gives nothing away on pending Uber license decision

LONDON (Reuters) - London Mayor Sadiq Khan declined to comment on Thursday whether taxi app Uber [UBER.UL] will have its license renewed ahead of a decision due by the end of month, saying that giving a running commentary could prompt legal action afterwards.

Global accounting body steps up attack on 'data dump' company statements

LONDON (Reuters) - Companies should produce more concise and crisper financial statements and annual reports, cutting out unnecessary "boilerplate" and "data dump" material, a global accounting body said on Thursday.

Facebook won't make cars, Sandberg reassures Germany

FRANKFURT (Reuters) - Facebook's Chief Operating Officer Sheryl Sandberg went on a charm offensive in Germany on Thursday, telling the country's powerful automakers that the world's biggest social network does not want to compete with them.