Reuters - Before the Bell

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Monday, June 3, 2019

Sunrise takeover of Liberty Global unit under review by competition authorities

Sunrise Communications on Monday said the Swiss competition authorities have decided to "examine in detail" its planned $6.3 billion takeover of Liberty Global's Swiss UPC cable business.

Infineon digs deep to buy Cypress in $10 billion deal

Infineon has agreed to buy Cypress Semiconductors in a deal that values the U.S. maker of microchips used in cars and electronic devices at 9 billion euros ($10.1 billion) including debt, sending shares in the German company sharply lower on concerns over the cost.

Bonds 'on fire' as flight to safety gathers momentum

A stampede to safety sent benchmark government bond yields tumbling on Monday, hoisted the Swiss franc to its highest in nearly two years, gold to a 10-week peak and left oil heading for bear market territory.

Glencore's head of oil, Alex Beard, retires amid U.S. probes

Glencore's head of oil, Alex Beard, who helped make the firm one of the world's top three oil trading houses, will retire this month, the company said on Monday in yet another management shake-up amid U.S. probes into its activities.

Exclusive: Nissan optimistic about FCA partnership, but wants right terms, source says

Nissan Motor Co is optimistic about partnering with a combined Renault and Fiat Chrysler (FCA), as long as it can protect the ownership of technology developed over two decades of working with Renault, a senior executive told Reuters.

Oil prices edge higher as Saudi reassurances stem declines

Oil prices edged higher on Monday after reassurances from top oil exporter Saudi Arabia offered some respite from last week's heavy losses as deepening U.S. trade wars fanned fears of a global economic slowdown.

Amazon brings online sellers to UK high street in pop-up stores

Online retail giant Amazon said it would open pop-up shops in Britain to give more than 100 small online businesses an opportunity to sell on the high street for the first time.

Spice maker McCormick's quest to make your vanilla milkshake cheaper

A kilo of vanilla beans costs more than a kilo of silver.

Reeling from tariff threat, Mexico begins immigration talks in Washington

Fighting to stave off punitive tariffs announced by U.S. President Donald Trump, a senior Mexican delegation was set to begin high level talks on Monday in Washington, where it will be pushed to do more to hold back Central American migrants.

Goldman Sachs arm to buy Capital Vision Services

Goldman Sachs Group Inc said on Monday that West Street Capital Partners VII, a fund managed by the company's merchant banking unit, will acquire Capital Vision Services LP, to bolster their portfolio in the healthcare services sector.