Reuters - Business Today

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Friday, September 8, 2017

U.S. stock futures drop as Irma heads toward Florida

(Reuters) - U.S. stock index futures were lower on Friday as Hurricane Irma bore down on Florida even as Texas struggles with the devastation caused by Hurricane Harvey.

Will Saudi Aramco deliver world record profit for next year's IPO?

LONDON (Reuters) - When oil giant Saudi Aramco discloses its financials for the first time next year, it must either surprise investors with world record profits or reduce its aspirations for a $2 trillion valuation in its initial public offering (IPO). [IPO-ARMO.SE]

Exclusive: ECB policymakers agreed on stimulus cut at meeting - sources

FRANKFURT (Reuters) - European Central Bank policymakers meeting on Thursday were in broad agreement their next step would be to cut bond purchases, with four options under consideration, two sources with direct knowledge of the discussion said.

Oil steady as Irma heads for Florida, Saudi Arabia cuts supply

LONDON (Reuters) - Oil prices steadied on Friday after almost a week of sharp rises as Hurricane Irma, one of the most powerful storms in a century, drove towards Florida after tearing through the Caribbean.

Uber to stop using diesel cars in London by end 2019

LONDON (Reuters) - Uber [UBER.UL] will cease using diesel cars in London by the end of 2019 and the vast majority of rides will be in electric or hybrid vehicles by then, the taxi app said on Friday.

FBI probing if Uber used software to interfere with rivals: WSJ

(Reuters) - The Federal Bureau of Investigation is probing to see if Uber Technologies Inc [UBER.UL] had used software to illegally interfere with its competitors, the Wall Street Journal reported on Friday.

Kraft Heinz names 3G Capital partner David Knopf as CFO

(Reuters) - Heinz ketchup maker Kraft Heinz Co said on Friday 3G Capital partner David Knopf would replace Paulo Basilio as its chief financial officer, starting in October.

New York City comptroller wields new clout in boardroom diversity drive

BOSTON (Reuters) - New York City Comptroller Scott Stringer is wielding more clout as he presses more than 150 U.S. companies to detail plans to diversify their boardrooms.

French probe alleges 2 million PSA cars had engine cheats: Le Monde

PARIS (Reuters) - The French investigation into alleged emissions cheating by PSA Group found that suspect software had been used on almost 2 million vehicles sold by the maker of Peugeot and Citroen cars, Le Monde reported on Friday.

Fresh China worries hit Hyundai, suppliers even as plant restarts

SEOUL/SHANGHAI (Reuters) - Shares in Hyundai Motor and its suppliers slid on Friday on fresh worries over their position in China after highly critical state newspaper comments, even as the South Korean automaker managed to get a Chinese car plant restarted.