Reuters - Before the Bell

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Tuesday, June 6, 2017

U.S., Mexico to make statement on Tuesday after sugar talks

WASHINGTON (Reuters) - U.S. and Mexican officials planned an announcement on sugar trade on Tuesday after talks went into overtime this week as negotiators grappled with last-minute U.S. industry demands.

U.S., Mexico nearing deal on sugar: Mexico's Guajardo

WASHINGTON (Reuters) - The United States and Mexico are close to announcing that they have struck a deal on sugar trade, Mexican Minister of Economy Ildefonso Guajardo said in an interview on CNBC on Tuesday.

Oil slips on worries Mideast rift could undermine OPEC cuts

LONDON (Reuters) - Oil prices slipped further below $50 a barrel on Tuesday on concerns that a diplomatic rift between Qatar and several Arab states including Saudi Arabia could undermine efforts by OPEC to tighten the market.

U.S. small businesses to lobby Congress to oppose border tax

WASHINGTON (Reuters) - About 60 small business owners and a representative from retailer Big Lots will hold meetings with members of Congress this week in an effort to oppose a proposed 'border adjustment tax', organizers said.

Investors flee to gold, German bonds as political worries rise

LONDON (Reuters) - World stocks fell while safe-haven gold and German government bonds were in demand on Tuesday as tension in the Middle East, an election in Britain and upcoming testimony from the former head of the FBI pushed investors away from risky assets.

RBS settles landmark lawsuit over 2008 cash call: sources

LONDON (Reuters) - Royal Bank of Scotland has reached an out-of-court deal to settle a costly and embarrassing lawsuit alleging it misled investors during a 12 billion pound ($16 billion) cash call launched just before its near collapse in 2008, sources said.

Fujitsu says to reach agreement 'soon' on integrating PC business with Lenovo

TOKYO (Reuters) - Japan's Fujitsu Ltd expects to reach an agreement "soon" on integrating its personal computer business with China's Lenovo Group Ltd , Fujitsu President Tatsuya Tanaka said Tuesday.

Silk Road hub or tax haven? China's new border trade zone may be less than it seems

HORGOS, China/KHORGOS, Kazakhstan (Reuters) - On the border of China and Kazakhstan, an international free trade zone has become a showpiece of Chinese President Xi Jinping's signature "Belt and Road" Initiative to boost global trade and commerce by improving infrastructure and connectivity.

Declare offshore wealth? Russia tycoons would rather ship themselves off shore

MOSCOW (Reuters) - Some of Russia's super-rich have given up residency to escape a 2014 law requiring them to disclose offshore assets, wealthy businessmen told Reuters, a practice that could keep billions of dollars hidden from Moscow's tax authorities.

Amazon-Apple TV deal shows tough road to cooperation for tech rivals

SAN FRANCISCO, (Reuters) - A deal bringing Amazon Prime Video to Apple TV, announced on Monday at Apple Inc's developer conference after years of talk, shows how competitive tensions among Silicon Valley titans can stand in the way of serving customers.