Reuters - Before the Bell

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Monday, June 19, 2017

Boeing launches new jet as Macron opens Paris show

PARIS (Reuters) - Boeing unveiled a new model of its best-selling 737 aircraft on Monday, injecting life into a faltering civil aviation market as French President Emmanuel Macron flew in to open the world's biggest airshow in Paris.

Auto supplier Magna to manufacture BMW 5-series plug-in hybrids

SAN FRANCISCO (Reuters) - Canadian auto supplier Magna International Inc will produce BMW's new 5-series plug-in hybrid at its Austrian factory, the company said on Monday, part of a strategy to produce electric cars on a contract basis for global automakers.

Factbox: Airbus, Boeing commercial aircraft deals at Paris Airshow

(Reuters) - Following is a summary of commercial aircraft deals announced by Airbus and Boeing at the Paris Airshow:

Lockheed signs pact with Tata to make F-16 planes in India

PARIS (Reuters) - Lockheed Martin signed an agreement with India's Tata Advanced Systems on Monday to produce F-16 fighter planes in India, pressing ahead with a plan to shift its Fort Worth, Texas plant to win billions of dollars worth of order from the Indian military.

Stock futures higher as beaten down tech stocks rebound

(Reuters) - U.S. stock index futures were higher on Monday with investors snapping up beaten down technology and retail stocks.

In Brexit boost, Jaguar Land Rover to hire 5,000 staff

LONDON (Reuters) - Britain's biggest carmaker Jaguar Land Rover (JLR) will hire 5,000 staff as it boosts its skills in autonomous and electric technology, a welcome business endorsement as Prime Minister Theresa May starts Brexit talks after a botched election.

Chinese state oil giants take petrol price battle to the pumps

LULIANG, China (Reuters) - Chinese state oil giants Sinopec and PetroChina are waging war at the nation's gas pumps, slashing prices at unprecedented rates in an effort to reclaim sales lost to private local and foreign rivals in the $440 billion retail fuel market.

Oil prices pause after sharp falls

LONDON (Reuters) - Oil prices edged higher on Monday, pausing for breath after coming under pressure over the past month from rising production in the United States, Libya and Nigeria, which has taken the edge off an OPEC-led initiative to support the market by cutting production.

Textron Systems introduces new drone at Paris Air Show

Paris (Reuters) - Textron Inc on Monday introduced at the Paris Air Show a next-generation drone, which offers improved combat capability over its widely-used unmanned aircraft system, Shadow.

CDB Aviation, GECAS place orders for new 737 MAX 10

PARIS (Reuters) - Two aircraft leasing companies kicked off orders for the newly launched Boeing 737 MAX 10 on Monday.