Reuters - Before the Bell

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Monday, October 2, 2017

Dollar surges as Fed talk boosts Treasury yields

LONDON (Reuters) - The dollar soared on Monday as U.S. Treasury yields hit their highest level since mid-July, while Spanish borrowing costs rose and stocks fell as a violent police crackdown on an independence vote in Catalonia rattled investors.

OMERS buys landmark Berlin property Sony Center for 1.1 billion euros

FRANKFURT (Reuters) - Canadian pension fund OMERS and U.S. buyout group Madison are acquiring Berlin's landmark property Sony Center from Korea's national pension fund NPS for 1.1 billion euros ($1.3 billion), the companies said on Monday.

Oil falls to below $56 on signs of higher output

LONDON (Reuters) - Oil fell more than $1 a barrel to below $56 on Monday as a rise in U.S. drilling and higher OPEC output put the brakes on a rally that saw prices score their biggest third-quarter gain in 13 years.

Exclusive: Uber's UK boss quits as firm battles to keep London license - email

LONDON (Reuters) - Uber's [UBER.UL] top boss in Britain will quit the taxi hailing app just as the firm battles to overturn a decision to strip it of its license in London, according to an email seen by Reuters.

International Paper unloads $1.3 billion in pension liabilities

(Reuters) - International Paper Co , a fiber-based packaging, pulp and paper producer, said on Monday it would transfer $1.3 billion in pension obligations to No. 2 U.S. life insurer Prudential Financial .

Heineken to sell mothballed plant in Russia's Kaliningrad

MOSCOW (Reuters) - Heineken , the world's third-largest brewer, said on Monday it had put its mothballed production site in Kaliningrad, a Russian exclave on the Baltic Sea, up for sale.

Britain will lobby U.S., Canada over Bombardier dispute: Hammond

MANCHESTER, England (Reuters) - Finance minister Philip Hammond said on Monday Britain would continue to lobby the United States over a trade dispute with Canadian planemaker Bombardier , but said there were limits to what it could achieve.

Bain says aims to buy Japan ad agency Asatsu-DK for $1.4 billion

TOKYO (Reuters) - U.S. private equity firm Bain Capital said it aims to buy 100 percent of Japan's third-largest advertising agency, Asatsu-DK Inc , for 152 billion yen ($1.35 billion), in one of the largest buyouts in Japan this year.

Nissan to recall 1.2 million cars in Japan over unauthorized checks

YOKOHAMA (Reuters) - Nissan Motor Co Ltd plans to recall 1.2 million cars in Japan after it discovered final vehicle inspections were not performed by authorized technicians, it said on Monday.

Uber board to consider vote to cut Kalanick influence: Bloomberg

(Reuters) - Directors at Uber Technologies Inc [UBER.UL] plan to vote on board reforms and whether to pursue a major stock deal with SoftBank Group Corp on Tuesday, Bloomberg reported on Monday, citing sources familiar with the matter.