Reuters - Before the Bell

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Thursday, September 7, 2017

EU national consumer bodies press Volkswagen on Dieselgate repairs

BRUSSELS (Reuters) - European national consumer bodies pressed Volkswagen to fix all emissions-cheating vehicles by the end of the year, in a joint letter on Thursday showing mounting impatience with the German carmakers response to the Dieselgate scandal.

India's Eicher set to make $1.8 billion-$2 billion binding bid for Ducati: paper

(Reuters) - India's Eicher Motors is set to make a $1.8 billion-$2 billion bid for Italian motorcycle manufacturer Ducati, the Economic Times daily reported on Thursday, sending the shares in the maker of Royal Enfield motorbikes to a record high.

Euro grinds higher before ECB, global stocks stutter

LONDON (Reuters) - The euro climbed and stocks inched higher on Thursday, as markets waited to hear just how close the European Central Bank is to scaling back its more than 2 trillion euro ($2.75 trillion) stimulus program.

Ex-bank manager to face charges in Philippines for cyber heist, others cleared

MANILA (Reuters) - Philippine prosecutors have recommended the filing of charges against a former bank manager for her part in laundering of tens of millions of dollars stolen from Bangladesh's central bank last year but cleared two casino agents and a remittance firm.

Chinese logistics firm Best, backed by Alibaba, launches $930 million U.S. IPO

HONG KONG (Reuters) - Best Inc, a Chinese logistics company backed by Alibaba Group , is launching a U.S. IPO that is seeking about $930 million to fund an expansion of its supply chain network, develop new technology and open more convenience stores.

Emirates could restore U.S. capacity within six to nine months

LONDON (Reuters) - Emirates President Tim Clark said on Thursday he hopes the Middle East's largest airline will restore capacity to the United States in six to nine months after some flights were dropped earlier this year.

All new Jaguar Land Rover cars to have electric option from 2020

LONDON (Reuters) - All new Jaguar Land Rover cars will be available in an electric or hybrid version from 2020, Britain's biggest carmaker said on Thursday, as it speeds up plans to electrify its model range.

UK needs to do more for electric car future: Jaguar Land Rover CEO

LONDON (Reuters) - The boss of Britain's biggest carmaker Jaguar Land Rover said on Thursday that Britain needs to do more to be prepared for the mass uptake of electric cars.

Court challenge delays vote on CBS' Australian TV station buyout

SYDNEY (Reuters) - CBS Corp's buyout of struggling Australian broadcaster Ten Network Holdings Ltd will be delayed at least a week, after a court on Thursday said it would pause the deal to hear a challenge by a rival bidder.

Nissan signals a future EV crossover model

YOKOHAMA, Japan (Reuters) - Nissan Motor Co said on Thursday it was considering producing an electric SUV in the near future as it expects demand for electric vehicles (EVs) to increase in coming years.