Reuters - Before the Bell

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Tuesday, October 17, 2017

Uber loses another senior figure as European policy chief quits

LONDON (Reuters) - Uber's European policy chief Christopher Burghardt is quitting to join the electric vehicle charging network company Chargepoint, the companies said on Tuesday, becoming latest senior figure to leave the taxi app.

Goldman Sachs quarterly bond trading revenue drops 26 percent

(Reuters) - Goldman Sachs Group Inc reported a decline in quarterly profit, as gains in investment banking were offset by a 26 percent drop in fixed-income trading revenue.

Airbus takes control of Bombardier CSeries in rebuff to U.S. threat

MONTREAL/TOULOUSE, France (Reuters) - Airbus SE has agreed to take a majority stake in Bombardier Inc's CSeries jetliner program, a deal that could allow the Canadian planemaker to sidestep U.S. tariffs threatened in a trade dispute with Boeing.

Malaysia Airlines' CEO to return to Ryanair to help fix pilot problems

DUBLIN/SINGAPORE (Reuters) - Malaysia Airlines CEO Peter Bellew is leaving after just over a year in charge to return to Ryanair as chief operations officer to tackle the pilot shortages that has resulted in it cancelling more than 20,000 flights over the winter season.

Malaysia Airlines says announcement of CEO move to Ryanair 'unexpected'

DUBLIN (Reuters) - Ryanair's announcement on Tuesday that it had hired Malaysia Airline Chief Executive Peter Bellew was "unexpected" the Asian carrier said in a statement, adding that its board would meet to discuss the move.

Patently tough: Long road ahead for Qualcomm in China case against Apple

SHANGHAI/BEIJING (Reuters) - Qualcomm Inc wants to hit Apple Inc where it hurts most: iPhone sales in China - one of its biggest global markets where most of its flagship smartphones are made.

Futures flat as investors assess earnings from big names

(Reuters) - U.S. stock index futures were steady on Tuesday as investors assessed earnings reports from big corporates, including investment bank Morgan Stanley and healthcare major Johnson & Johnson.

Pharma business, Actelion buy drive J&J's profit beat

(Reuters) - Johnson & Johnson reported a higher-than-expected quarterly profit, driven by its pharmaceutical business and its recent acquisition of Swiss biotech Actelion and other businesses.

Morgan Stanley's wealth management unit drives quarterly profit

(Reuters) - Morgan Stanley posted an 11 percent rise in quarterly profit as strength in wealth management and investment banking businesses more than made up for a slowdown in trading.

Lufthansa CEO expects to benefit from Airbus, Bombardier deal

BRUSSELS (Reuters) - Lufthansa will benefit from future cooperation between airplane makers Airbus and Bombardier as it is a major customer of both companies, the German airline's chief executive Carsten Spohr said.