Reuters - Before the Bell

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Monday, January 28, 2019

Facebook tightens paid ads rules ahead of EU elections

Facebook said on Monday it will beef up its rules and safeguards around political adverts to prevent foreign interference in elections, including those in Europe this year.

Caterpillar forecasts 2019 profit below estimates

Caterpillar Inc forecast full-year profit below analysts' estimates on Monday, indicating a slide in global demand stemming from China would worsen after it reported revenue in line with expectations for the last three months of 2018.

Nissan says it's target of SEC inquiry after report of probe on exec pay

Nissan Motor Co Ltd said on Monday it was the target of a U.S. Securities and Exchange Commission (SEC) inquiry, widening a scandal involving the Japanese firm and its ousted Chairman Carlos Ghosn over his alleged financial misconduct.

EU to challenge U.S. duties on Spanish olives

The European Union will begin legal action at the World Trade Organization this week against U.S. duties imposed on Spanish olives, EU trade chief Cecilia Malmstrom said on Monday.

Rusal shares soar, aluminum falls as U.S. lifts sanctions

U.S. President Donald Trump's administration on Sunday lifted sanctions on the core empire of Russian tycoon Oleg Deripaska, including aluminum giant Rusal and its parent En+, despite a Democrat-led push to maintain them.

Chipmaker Xilinx's 5G orders kick off race to cash in on new networks

Amid a bleak earnings season for semiconductor companies as China's economy slows, Xilinx Inc provided a bright spot for the sector: Revenue growth driven by the early phases of 5G wireless data networks, earlier and sharper than analysts had expected.

Stocks edge down on China worries as trade talks, Fed decision loom

World shares slipped into the red on Monday, with equities markets from Europe to Asia buffeted by nerves over China's economy and investors staying cautious ahead of a week packed with major events.

Madrid taxis block major road in biggest anti-Uber protest yet

Hundreds of taxis blocked a central traffic artery in Madrid during Monday's morning rush hour, in their biggest show of strength yet as a protest seeking tighter regulation of Uber and other ride-hailing services entered its second week.

Oil falls as U.S. adds rigs; still set for best January in 14 years

Oil fell 1 percent on Monday after U.S. companies added rigs for the first time this year, a signal that crude output may rise further, but the price is still on course for its strongest gain in the month of January for 14 years.

New dam disaster puts Vale CEO, deals and dividends under scrutiny

When Fabio Schvartsman took the reins of Vale SA in 2017, he suggested a motto for the world's largest iron miner, turning the page on a tailings dam disaster that hit a small Brazilian town two years before: "Mariana, never again."