Reuters - Before the Bell

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Tuesday, December 19, 2017

LSE board accused of 'very sorry affair' over CEO spat

LONDON (Reuters) - The London Stock Exchange's board was accused on Tuesday of "bringing opprobium" on the 300-year old bourse in its dispute with top shareholder TCI.

Tax-overhaul hopes keep futures steady

(Reuters) - Wall Street's major indexes were poised to inch higher at the open on Tuesday, building on gains in the past two sessions on rising hopes that the U.S. Congress will vote for the biggest overhaul of the country's tax system in more than 30 years.

Facebook abused dominant position, says German cartel office

FRANKFURT (Reuters) - Germany's cartel office has found that Facebook abused its dominant market position, challenging the U.S. social network's model of monetizing the personal data of its 2 billion users worldwide through targeted advertising.

Facebook makes German marketing push as hate speech law bites

BERLIN (Reuters) - Facebook is making a big marketing drive in Germany just as the country starts to implement tough regulations designed to clamp down on online hate speech.

Russia's VEB to transfer Globex to the state as it tackles Sochi Olympics legacy - sources

MOSCOW (Reuters) - Russian state development bank VEB, which is still grappling with the financial fallout from the 2014 Sochi Olympics, plans to transfer its Globex bank to the state after failing to find a buyer, three sources close to talks said.

UK's Nissan Brexit letter still too sensitive to disclose a year on

LONDON (Reuters) - A letter sent by the British government to Nissan a year ago offering reassurances about Brexit which helped secure a major investment from the Japanese carmaker in its UK plant is still too sensitive to release, the business ministry told Reuters.

Hyundai Motor's labor union agrees to tentative wage deal

SEOUL (Reuters) - South Korean automaker Hyundai Motor said its labor union agreed to a tentative wage deal on Tuesday.

Central banks, trade and bubbles threaten the 2018 status quo

LONDON(Reuters) - After a year of relatively healthy global economic growth, economists are predicting pretty much the same for 2018 -- a neither too-hot nor too-cold Goldilocks scenario, but with little sight of the three bears.

Over 20 percent of UK companies faced shareholder revolt - pay study

LONDON (Reuters) - More than a fifth of Britain's biggest companies have been named on a register ordered by Prime Minister Theresa May to highlight shareholder concern at "fat cat" pay, including WPP , Sky , Burberry and AstraZeneca .

BHP says likely to quit global coal lobby group

MELBOURNE (Reuters) - Global miner BHP Billiton said on Tuesday it has taken a preliminary decision to leave the World Coal Association citing disagreement over climate change, and might also withdraw from the U.S. Chamber of Commerce over mining industry rules.