Reuters - Before the Bell

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Friday, June 28, 2019

Markets brace for crucial G20 signals

Stocks eked out meager gains on Friday before a meeting on trade between U.S. President Donald Trump and Chinese President Xi Jinping, capping gains on the best first half for global equities since 1997.

Deutsche lifted by Fed stress test pass in boost to Wall Street operation

Deutsche Bank's shares rose by as much as 4.8% on Friday after Germany's biggest bank passed an annual health check by the U.S. Federal Reserve, in a boost to its beleaguered Wall Street operations.

Trump prepares for 'productive' talks with Xi on trade war

U.S. President Donald Trump on Friday said he hoped for productive talks with Chinese President Xi Jinping on a trade war that is casting a shadow on global growth, but said he had not made any promises about a reprieve from escalating tariffs.

Merkel hopes for G20 progress on U.S.-China trade dispute

German Chancellor Angela Merkel said on Friday she hoped the United States and China would make some progress toward defusing their trade dispute at the G20 meeting of leading economies in Japan.

Lego clan, Blackstone take Madame Tussauds owner Merlin private in $7.5 billion deal

Lego's founding family and private equity firm Blackstone are taking Britain's Merlin private again in an agreed deal valuing the Madame Tussauds and Legoland owner at $7.5 billion.

Nissan ex-chief Ghosn cancels hastily arranged Tokyo press conference

Former Nissan boss Carlos Ghosn abruptly canceled on Friday plans for what would have been his first press conference since his arrest in November after journalists had been notified about a briefing just two hours earlier.

Ghosn lawyer says news conference canceled after his daughters raised concerns

Former Nissan Chairman Carlos Ghosn canceled what would have been his first news conference since he was arrested last year after his daughters expressed concern about the potential consequences, his lawyer said on Friday.

Federal court to hear 'Pharma Bro' Martin Shkreli's appeal

Lawyers for former pharmaceutical executive Martin Shkreli will urge a federal appeals court on Friday to overturn his criminal conviction for defrauding investors in hedge funds he founded.

Oil prices hold near $67 per barrel ahead of G20 talks, OPEC

Oil prices held near $67 per barrel on Friday ahead of talks over the trade dispute between the U.S. and Chinese presidents over the weekend and on production cuts from OPEC on Monday.

Tesla says single battery module caused car fire in Shanghai, has changed vehicle settings

Electric vehicle (EV) maker Tesla Inc said on Friday a single battery module caused a car to catch fire in Shanghai and it had revised its vehicle settings to further protect its batteries following an investigation into the incident.