Reuters - Before the Bell

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Wednesday, June 26, 2019

U.S. aims to restart China trade talks, will not accept conditions on tariff use

The United States hopes to re-launch trade talks with China after President Donald Trump and President Xi Jinping meet in Japan on Saturday, but Washington will not accept any conditions around the U.S. use of tariffs in the dispute, a senior administration official said on Tuesday.

U.S. wants 'reasonable' trade deal with China: U.S. Commerce Secretary

The United States "is not looking for victory" with China over trade but wants "a sensible deal that addresses the legitimate issues that we have," U.S. Commerce Secretary Wilbur Ross said on Wednesday.

Fate of opioid litigation hinges on government 'police power'

The fate of thousands of lawsuits seeking to hold drugmakers responsible for fueling the U.S. opioid epidemic hinges in part on a thorny legal question: Can a company use a bankruptcy to stop lawsuits from cities and states?

Airlines and regulators meet to discuss Boeing 737 MAX un-grounding efforts

Airlines and regulators are gathering at a closed-door summit in Montreal on Wednesday to exchange views on steps needed for a safe and coordinated return of Boeing Co's grounded 737 MAX jets to the skies following two deadly crashes.

Exclusive: China hacked eight major computer services firms in years-long attack

Hackers working for China's Ministry of State Security broke into networks of eight of the world's biggest technology service providers in an effort to steal commercial secrets from their clients, according to sources familiar with the attacks.

Macron calls for synergies, alliances' to strengthen Renault-Nissan

French President Emmanuel Macron on Wednesday called for further synergies and alliances to strengthen the Renault-Nissan partnership in a global market.

Macron says France to be vigilant over Carlos Ghosn's rights

President Emmanuel Macron said on Wednesday France would remain vigilant that Carlos Ghosn's presumption of innocence and the former Renault-Nissan leaders' rights to defend himself in a Japanese lawcase are respected.

Large carmakers including Volkswagen, FCA could face 2021 EU emissions fines: study

Volkswagen and FiatChrysler could face penalties of up to 1.83 billion euros ($2.08 billion) and 746 million euros respectively, if they fail to meet the European Union's emissions targets set for 2021, according to AlixPartners.

Broadcom in EU antitrust spotlight, faces interim measures

EU antitrust regulators will investigate whether U.S. chipmaker Broadcom uses exclusivity restrictions to block rivals in the TV and modem chipsets markets, a move that could lead to hefty fines for the company and an order to end such practices.

China's Alibaba aims to double Tmall Global brands with English portal

Chinese e-commerce giant Alibaba on Wednesday launched an English-language website for its Tmall Global marketplace aimed at merchants, in an attempt to double the number of international brands on the platform to 40,000 in the next three years.