Reuters - Before the Bell

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Monday, May 15, 2017

Thermo Fisher to buy drug ingredients maker Patheon for $5.2 billion

(Reuters) - Thermo Fisher Scientific Inc , the world's No. 1 maker of scientific instruments, said on Monday it would buy Dutch drug ingredients maker Patheon NV as it looks to become a one-stop shop for contract drug development and manufacturing.

Some businesses in Asia disrupted by cyber attack, authorities brace for more

SINGAPORE/WASHINGTON (Reuters) - Asian governments and businesses reported some disruptions from the WannaCry ransomware worm on Monday but cybersecurity experts warned of a wider impact as more employees turned on their computers and checked e-mails.

Cybersecurity stocks rise after global 'ransomware' attack

LONDON (Reuters) - A global "ransomware" attack disrupting factories, hospitals, shops and schools spurred investors on Monday to buy up stocks expected to benefit from a pick-up in cybersecurity spending by firms and government agencies.

Canadian, Aussie dollars driven higher by oil boost

LONDON (Reuters) - The Canadian dollar hit its highest level in over two weeks and the Australian dollar hit a 12-day high on Monday as a bounce in oil prices drove a recovery in major commodity-linked currencies.

BNY Mellon advances artificial intelligence tech across operations

NEW YORK (Reuters) - The Bank of New York Mellon Corp has developed and deployed automated computer programs, or more than 220 "bots", across its businesses over the past 15 months seeking more efficiency and lower costs, as the adoption of artificial intelligence technology in banking increases.

Exclusive: Billionaire investor Draper to participate in blockchain token sale for first time

NEW YORK (Reuters) - Billionaire venture capitalist Tim Draper soon plans to take a step that even he, a long-time bitcoin aficionado, has eschewed to now: buying a new digital currency offered by a technology startup.

Oil rises above $52 as Saudis, Russia back longer supply cut

LONDON (Reuters) - Oil hit a three-week high on Monday above $52 a barrel after top exporter Saudi Arabia and Russia said supply cuts needed to last into 2018, a step toward extending an OPEC-led deal to support prices for longer than originally agreed.

Western Digital takes legal action to block sale of Toshiba's chip unit

TOKYO (Reuters) - Western Digital Corp has sought international arbitration to stop partner Toshiba Corp from selling its chips arm without its consent, potentially derailing a much-needed capital injection for the Japanese conglomerate.

Cyber worm attack propels health funding to center of British election campaign

LONDON (Reuters) - The most disruptive cyber attack in the seven-decade history of Britain's national health service propelled a debate over state hospital funding to the center of the election campaign on Monday.

No second spike in cyber attacks is 'encouraging': British minister

LONDON (Reuters) - British health minister Jeremy Hunt said on Monday it was "encouraging" that a predicted second spike of cyber attacks had not yet occurred, but the ransomware attack was a warning to public and private organizations.