Reuters - Before the Bell

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Friday, October 6, 2017

Costco steps up grocery battle with new delivery services

(Reuters) - Costco Wholesale Corp has rolled out two new grocery delivery services this week, a new step in its efforts to fight growing competition from Amazon.com and Wal-Mart Stores Inc .

Bankrupt U.S. retailers begin to catch a break

(Reuters) - An unexpected helping hand from creditors, landlords and vendors is allowing more U.S. retailers to stay in business following bankruptcy with most of their stores and employees in the fold.

Renault expects electric cars and emerging markets to boost sales

PARIS (Reuters) - French carmaker Renault expects a first-mover advantage in electric cars and a wider range of vehicles for emerging markets to help it deliver a 44 percent sales increase by 2022.

Summit Materials makes $3.8 billion bid for Ash Grove Cement: source

LONDON (Reuters) - U.S. cement maker Summit Materials has made a $3.8 billion offer for rival Ash Grove Cement , a source familiar with the matter told Reuters, hoping to trump an earlier takeover bid from Irish building materials firm CRH Plc .

Exclusive: Toyota plans to build new Auris in UK on assumption of Brexit transition deal

LONDON (Reuters) - Japanese carmaker Toyota intends to build the next version of its Auris car at its British car plant on the assumption that the government secures a transitional Brexit deal, two sources familiar with the matter told Reuters.

Tax-cut plan prompts fund managers to bet on automation

NEW YORK (Reuters) - The Trump administration's plan to cut corporate taxes may add more fuel to the already-hot rally in the shares of automation companies.

Thyssenkrupp sees 'gigantic' demand for new-generation elevators

ROTTWEIL, Germany (Reuters) - Thyssenkrupp is seeing strong demand for its new generation of elevators that operate without steel cables or ropes, the unit's chief executive said on Friday.

Ryanair promises pilots significant improvements in pay, conditions

DUBLIN (Reuters) - Ryanair on Thursday promised its pilots significant improvements in pay and conditions, saying it would exceed rates paid by rivals and improve job security, according to a letter to pilots seen by Reuters.

Ford delays Fiesta recall in China due to spare part issues: media

BEIJING (Reuters) - Ford Motor Co has postponed a planned recall of its Fiesta ST cars in China, the world's top auto market, due to delays in the delivery of spare parts for repairs, state media Xinhua reported on Friday.

Dollar gains as Europe struggles with Spain pains

LONDON (Reuters) - World stocks fell for the first time in eight days on Friday, as jitters about Catalonia's push to separate from Spain returned to Europe and bets on higher U.S. interest rates sent the dollar to its highest since mid August.