Reuters - Before the Bell

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Friday, October 27, 2017

Dovish ECB, earnings, lift European shares to five-month high

LONDON (Reuters) - European shares hit a five-month high on Friday, underpinned by strong earnings and a sharp drop in the euro a day after the European Central Bank took a cautious route to scaling back stimulus.

U.S. probes Ford Fusion cars for potential detached steering wheels

(Reuters) - The U.S. National Highway Traffic Safety Administration said Friday it is opening a preliminary investigation into 841,000 Ford Motor Co cars over concerns steering wheels could detach while driving.

Exclusive: Energy, not tech or finance, in CEO line-up for Trump's China visit

BEIJING (Reuters) - U.S. energy and commodities firms will make up a major part of a business delegation visiting Beijing at the same time as U.S. President Donald Trump goes to China in November, according to an initial list seen by Reuters.

As Trump tax comes to floor, failure could spell stocks selloff

NEW YORK (Reuters) - Investors are increasingly pricing in the effect of a corporate tax cut into the shares of U.S. companies, leaving the market primed for a steep sell-off if the Republican-controlled Congress fails to pass one of President Donald Trump's top priorities.

Futures jump after strong tech earnings

(Reuters) - Solid results from tech titans Amazon and Google-parent Alphabet were seen driving the U.S. stock index futures higher on Friday.

Wall Street loves electric cars, America loves trucks

DETROIT (Reuters) - Wall Street may love the shares of Silicon Valley electric carmaker Tesla Inc , but Americans love big, fuel-thirsty trucks like Ford Motor Co's bestselling F-Series pickups and are paying ever higher prices to buy them.

Self-driving startups race down a narrowing road

DETROIT/SAN FRANCISCO (Reuters) - Lei Xu and Justin Song once worked at electric carmaker Tesla Inc , one of the hottest companies in Silicon Valley. But with interest and investments in autonomous vehicles mounting, they left to pursue what they see as the next big thing.

Factbox: Six self-driving unicorns top $1 billion in valuation

(Reuters) - In a crowded field of more than 240 startups in self-driving cars, six companies -- four of them in Silicon Valley -- have achieved unicorn status, with valuations of $1 billion or more, according to industry estimates and publicly available data. Here's a closer look:

German court rejects Deutsche See's suit against VW

BERLIN (Reuters) - A German court has rejected a complaint against Volkswagen brought by fish distributor Deutsche See which has sued the carmaker over its diesel-test cheating.

Hot air? U.S. gas exporters rush to sell LNG to China

BEIJING (Reuters) - U.S. gas exporters and traders are aiming to grab a bigger chunk of the lucrative, growing business of exporting gas to China, the world's third-largest buyer, when they accompany Commerce Secretary Wilbur Ross to China next month.