Reuters - Before the Bell

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Thursday, October 12, 2017

Bond trading slump clouds JPMorgan earnings beat

(Reuters) - JPMorgan Chase & Co's quarterly profit and revenue easily trumped Wall Street's expectations on Thursday, but a slump in bond trading clouded gains from loan growth and higher interest rates.

HSBC picks insider John Flint as new chief executive

LONDON (Reuters) - HSBC has chosen John Flint as its next chief executive, it said on Thursday, with its recently-hired chairman opting for an insider to pursue a turnaround at Europe's biggest bank.

Domino's delivers profit beat as demand rises in U.S

(Reuters) - Domino's Pizza Inc , the biggest U.S. pizza delivery chain, reported a better-than-expected quarterly profit on Thursday as the company benefited from higher demand in the United States.

James Murdoch wins backing of Sky shareholders to stay as chairman

LONDON (Reuters) - A majority of independent votes cast at the annual shareholders' meeting of Sky on Thursday supported the re-election of James Murdoch as chairman, a spokesman for the European pay TV group said.

Asia stocks reach 10-year peak on global equity surge, dollar sags

TOKYO (Reuters) - Asian stocks reached a 10-year high on Thursday, riding the bull run in global equity markets, while the dollar sagged after the Federal Reserve showed a more guarded view towards inflation.

Kobe Steel CEO says data-cheating may have spread beyond Japan as government orders probe

TOKYO (Reuters) - Kobe Steel's CEO said on Thursday the firm's data-fabrication may have spread beyond Japan, as he was ordered by the government to report on how the misconduct occurred and address safety concerns that have sparked a scare along global supply chains.

London regulator will defend decision not to renew Uber's license in court: mayor

LONDON (Reuters) - London Mayor Sadiq Khan said on Thursday that the city's transport regulator will defend its decision in court not to renew Uber's license to operate in the British capital.

BlackBerry signs license deal with Florida's BLU, ends patent dispute

(Reuters) - BlackBerry Ltd said on Thursday it signed a new license agreement with BLU Products Inc, a Florida-based maker of low-end Android phones, that would end patent disputes between the two companies.

Samsung scion fights back as legal appeal begins

SEOUL (Reuters) - The heir to South Korea's Samsung Group, convicted of bribing the country's former president, appeared in a packed court on Thursday for the first day of arguments in the appeal of his five-year jail term for corruption.

Facebook pushes ad overhaul before 2018 U.S. election: executive

SAN JOSE, Calif. (Reuters) - Facebook Inc has begun overhauling how it handles political ads on its platform and may put some changes in place before U.S. elections next year, Facebook's chief technology officer said on Wednesday.