Reuters - Before the Bell

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Monday, September 4, 2017

South Korean court rejects Qualcomm's request to suspend antitrust body's order

SEOUL (Reuters) - A South Korean court on Monday rejected Qualcomm Inc's request to suspend an order by the country's antitrust agency to take corrective action on the way it licenses patents.

Brent oil falls after North Korea nuclear test

LONDON (Reuters) - Benchmark global oil prices fell on Monday after a powerful North Korean nuclear test triggered a shift away from crude markets to assets perceived to be safer, such as gold.

World stocks dip, yen gains after North Korea test

LONDON (Reuters) - Stock markets fell and the yen, gold and sovereign bonds rose on Monday as North Korea's most powerful nuclear test provoked a knee-jerk shift to safe havens.

Texas edges closer to recovery after Harvey as key pipeline restarts

HOUSTON (Reuters) - The U.S. Gulf Coast moves closer to recovery from Hurricane Harvey on Monday when the biggest American fuel system restarts a key segment shut down by devastating rains and officials weigh how to pay for billions of dollars in damage.

Novartis's Jimenez stepping down, Narasimhan named new CEO

ZURICH (Reuters) - Novartis Chief Executive Joseph Jimenez will retire in 2018, with chief drug developer Vasant Narasimhan taking over as CEO starting in February, the Swiss drugmaker said on Monday.

Key fuel lines restart as concerns ease over supply crunch after Harvey

HOUSTON (Reuters) - Two key fuel pipelines were set to start up on Monday after certain segments in Texas were shut because of Hurricane Harvey, helping alleviate concerns about rising retail prices and the domestic distribution of gasoline and distillates.

Explorer Pipeline says 28-inch fuel line started on Sunday

HOUSTON (Reuters) - Explorer Pipeline said its 28-inch fuel pipeline running from Texas to Oklahoma started as scheduled on Sunday, according to an emailed statement.

VW, China JVs to recall 1.8 million vehicles over fuel pump issue: China quality watchdog

BEIJING (Reuters) - Germany's Volkswagen AG and China joint ventures FAW-Volkswagen and SAIC Volkswagen will recall 1,818,340 vehicles due to a fuel pump issue, China's quality watchdog said on Monday.

Hyundai Motor replaces China chief after supply disruption, diplomatic tensions

SEOUL (Reuters) - South Korea's Hyundai Motor said on Monday it had replaced the head of its China operations - an appointment that comes on the heels of a supply disruption and as it struggles to deal with the fallout from a diplomatic row between the two nations.

Sharp differences over labor surface at NAFTA talks in Mexico

MEXICO CITY (Reuters) - Tensions over sharp differences in pay between Mexican workers and their Canadian and U.S. counterparts surfaced on Sunday as negotiators discussed labor market rules in talks to overhaul the North American Free Trade Agreement.