Reuters - Before the Bell

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Monday, February 25, 2019

Weak investment climate main 5G risk, not security fears: Ericsson

Europe risks falling behind other regions in rolling out 5G mobile services because of onerous regulation and weak investment rather than any security concerns about Chinese equipment, Ericsson CEO Borje Ekholm said on Monday.

GE chief Culp sells biopharma business for $21 billion

Shares of General Electric Co surged 11 percent on Monday after the U.S. industrial conglomerate said it would sell its biopharma business to Danaher Corp for $21 billion, its first major asset sale under new Chief Executive Officer Larry Culp.

Court ruling could help J&J defeat St. Louis talc lawsuits

A Missouri Supreme Court ruling on talc lawsuits could reduce the liability and number of large trials Johnson & Johnson faces over allegations its talc products, including baby powder, cause cancer.

Bayer faces second trial over alleged Roundup cancer risk

Bayer AG is set to face a second U.S. jury over allegations that its popular glyphosate-based weed killer Roundup causes cancer, six months after the company's share price was rocked by a $289 million verdict in California state court.

Stock futures rise as Trump delays tariff hike on Chinese goods

U.S. stock index futures climbed on Monday, fueled by hopes of a resolution to a trade war between the United States and China after President Donald Trump said he would delay an increase in tariffs on Chinese goods.

Trump calls on OPEC to 'relax,' says oil prices are too high

U.S. President Donald Trump on Monday expressed concern about oil prices and repeated his previous calls on the Organization of the Petroleum Exporting Countries (OPEC) to keep prices steady.

Barrick bids $18 billion for Newmont in gold mega-merger

Canada's Barrick Gold Corp offered to buy U.S. rival Newmont Mining Corp for nearly $18 billion in stock on Monday, in a deal that would combine the world's two largest gold producers.

Warren Buffett says Berkshire overpaid for Kraft Heinz

Warren Buffett said on Monday that his company Berkshire Hathaway Inc overpaid in the merger that created Kraft Heinz Co.

RTL sells Universum Film to U.S. firm KKR

Broadcaster RTL on Monday said it had sold Universum Film, a unit specialized in film rights, to U.S. private equity KKR for an undisclosed sum.

World shares climb after Trump delays tariffs on Chinese imports

World stock markets rose on Monday after U.S. President Donald Trump said he would delay a tariff hike on Chinese imports, buoying hopes of a resolution to a trade war between the world's two biggest economies.