Reuters - Before the Bell

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Monday, July 3, 2017

Tesla shares rev up as Model 3 deliveries to start in July

(Reuters) - Tesla Inc's shares were up 3 percent in premarket trading on Monday after the luxury electric-car maker said it would deliver its mass-market Model 3 sedan to first 30 customers on July 28.

Futures higher in positive start to third quarter

(Reuters) - U.S. stock index futures were higher on Monday, with all three major indexes on track to begin the third quarter on a positive note.

Britain misses out as global manufacturing surges

LONDON/SINGAPORE (Reuters) - British factories were left out of a demand-driven surge in activity across much of Asia and Europe in June, as weakness in sterling failed to translate into export growth, surveys showed.

France's Danone to sell Stonyfield to Lactalis for $875 million

PARIS (Reuters) - French food group Danone has agreed to sell its U.S dairy business Stonyfield to Lactalis for $875 million, a move designed to address competition concerns stemming from its acquisition of U.S. organic food group WhiteWave.

Oil slides as rising OPEC output outweighs U.S. decline

LONDON (Reuters) - Oil prices eased on Monday after rising for seven sessions in a row, as evidence of increasing OPEC crude production snuffed out earlier gains made on the back of data that pointed to moderating U.S. output.

Europe shares start third quarter with solid gains, dollar up

LONDON (Reuters) - European shares began the new quarter with solid gains and Asian shares held near two-year highs, while the dollar lifted from nine-month lows as U.S. Treasury yields hit their highest since mid-May.

Exclusive: Okada sues family in bid to regain control of gambling empire

TOKYO (Reuters) - Japanese casino and slot machine tycoon Kazuo Okada has filed a lawsuit against his son, daughter and wife in Hong Kong in an attempt to regain control of his sprawling business empire, according to a court filing and Okada.

Airbus unveils leaner structure, confirms sales shake-up

PARIS (Reuters) - Airbus on Monday formally kicked off a leaner corporate structure under Chief Executive Tom Enders, following a recent merger between its parent company and its dominant planemaking arm, and confirmed a reorganization of its commercial sales.

Georgia's BGEO to demerge into London-listed banking, investment arms

(Reuters) - BGEO Group Plc , the holding company of JSC Bank of Georgia, said it intended to demerge into two London-listed firms - a banking business and an investment business.

Tesla's Musk says Model 3 gets regulatory nod for production

(Reuters) - Tesla Inc's high-volume Model 3 sedan passed all regulatory requirements for production two weeks ahead of schedule, Chief Executive Elon Musk tweeted on Sunday night.