Reuters - Before the Bell

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Friday, June 16, 2017

Airbus to add winglets to boost A380 sales: sources

PARIS (Reuters) - Europe's Airbus plans to upgrade its A380 superjumbo with fuel-saving wingtip devices, or winglets, in an effort to boost slow sales of the mammoth jet, two people familiar with the matter said on Friday.

BOJ upgrades view on consumption, rules out early exit from stimulus

TOKYO (Reuters) - The Bank of Japan kept monetary policy steady on Friday and upgraded its assessment of private consumption for the first time in six months, signaling its confidence in an export-driven economic recovery that is gaining momentum.

BHP names packaging guru MacKenzie as new chairman

SYDNEY/MELBOURNE (Reuters) - Mining giant BHP on Friday named successful packaging executive Ken MacKenzie as its next chairman, handing him the job of tackling calls to dump its oil business and overhaul the board.

VW brand CEO sees new models driving profit and sales

BERLIN (Reuters) - Volkswagen is making headway with efforts to raise profitability at its troubled core brand and expects strong business next year thanks to a raft of new models, the division's top executive said.

Stock futures steady as tech wreck looks to ease

(Reuters) - U.S. stock index futures edged up on Friday as technology shares steadied after being repeatedly slammed this week over concerns about stretched valuations.

Fiat Chrysler CEO says 2018 targets unaffected by diesel woes

VENICE, Italy (Reuters) - Fiat Chrysler does not expect its diesel woes in the United States to have an impact on its business targets to 2018, the carmaker's Chief Executive Sergio Marchionne said on Friday.

Rolls-Royce sees demand for a new mid-market jet

PARIS (Reuters) - Engine maker Rolls-Royce believes there is a market for a new mid-priced jet such as the one Boeing is currently exploring and would consider working with Boeing on it, an executive said on Friday.

Malaysia's first lady linked to $30 million worth of jewelry bought with 1MDB funds

KUALA LUMPUR (Reuters) - Nearly $30 million of funds stolen from scandal-hit 1Malaysia Development Berhad (1MDB) was used to buy jewelry for the prime minister's wife, including a rare 22-carat pink diamond set in a necklace, according to the latest filings by the U.S. Justice Department in a civil lawsuit.

Global stocks reboot after another tech sell-off

LONDON (Reuters) - World shares steadied on Friday after selling in the tech sector triggered their biggest fall in over a month, while the yen slid to a two-week low as the Bank of Japan signaled its stimulus was staying in place.

U.S. acts to seize stolen assets, Picasso in probe of Malaysian fund

WASHINGTON/KUALA LUMPUR (Reuters) - The U.S. Justice Department has taken legal action to recover an additional half a billion dollars in assets stolen from an investment fund established by Malaysia's prime minister, bringing the total claims to more than $1.7 billion.