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Home / Business / Fiat Chrysler and Renault aim to merge $ 35 billion: Morning Brief

Fiat Chrysler and Renault aim to merge $ 35 billion: Morning Brief



<p class = "Canvas Atomic Canvas Text Mb (1.0em) Mb (0) – sm Mt (0.8em) – sm" type = "text" content = " Tuesday, 28 May, 2019 "data-reactid =" 15 "> Tuesday, May 28, 2019

<p class =" canvas-atom canvas-text Mb (1.0em) Mb (0) – sm Mt (0.8em) – sm "type =" text "content =" Get the Morning Brief sent straight to your inbox by 6:30 AM ET Monday through Friday. Subscribe " data-reactid = "16"> Get the Morning Brief delivered to your inbox by 6:30 AM ET Monday through Friday. Subscribe

WHAT TO SEE?

It will take a short week and be relatively quiet both in terms of economic data and in terms of corporate profits. Trade related news has recently taken stock on a roller coaster ride. Last week, the Dow closed lower for the fifth year in a row and it could be another turbulent week for the markets as investors continue to monitor negotiations between the US and China.

At 10:00 CET, the Conference Board will publish its numbers Can report on consumer confidence. Economists estimate that the leading index rose from 129.2 to 130 in April.

Notable earnings reports planned for Tuesday include NIO (NIO) before market opening and Workday (WDAY) after market close.

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TOP NEWS

The Fiat logo on a car exhibited at a car dealer in Milan, Italy, on Friday, January 13, 2017. The US government accuses Fiat Chrysler of publishing no software in some cases, its diesel-powered pickups and SUVs, which allow them to emit more pollutants than permitted by the Clean Air Act. (AP Photo / Antonio Calanni)

<p class = "Canvas Atomic Canvas Text Mb (1.0em) Mb (0) – sm Mt (0.8em) – sm" type = "text" content = " Fiat Chrysler and Renault aim to merge $ 35 billion : Fiat Chrysler launched a balanced merger with Renault on Monday to cover the cost of far-reaching technological and regulatory changes largest automaker. [Reuters] "data-reactid =" 34 "> Fiat Chrysler and Renault aim to merge $ 35 billion to achieve technological and regulatory change by creating the world's third largest automaker. [Reuters]

<p class = "Canvas Atomic Canvas Text Mb (1.0em) Mb (0) – sm Mt (0.8em) – sm" type = "text" content = " Alibaba weighs 20 US Dollar B through a Second Public Offering : Alibaba Group Holding Ltd. (BABA) is considering raising $ 20 billion through a second listing in Hong Kong in 2014 following a record-breaking New York debut in 2014, China's largest corporation on the move Bringing US tensions closer to friendlier investors. [Bloomberg] "data-reactid =" 35 "> Alibaba raises $ 20 billion with a second listing : Alibaba Group Holding Ltd (BABA) is considering to raise $ 20 billion through a second listing in Hong Kong after a record-breaking New York debut in Hong Kong in 2014 as US tensions escalate. [Bloomberg]

<p class = "Canvas Atomic Canvas Text Mb (1.0em) Mb (0) – sm Mt (0.8em) – sm" type = "text" content = " Huawei checks FedEx Relationship : Chinese telecommunications supplier Huawei is reviewing its relationship with FedEx Corp. (FDX) after claiming that the US parcel service provider has diverted two packets of Huawei addresses in Asia to the United States and is attempting to do so without detailed explanation divert two more. [Reuters] "data-reactid =" 36 "> Huawei reviews FedEx relationship : Chinese telecommunications supplier Huawei reviews its relationship with FedEx Corp. (FDX), after claiming the US parcel delivery company, went into the United States with two sets of Huawei addresses in Asia without any explanation and tried to divert two more. [Reuters]

<p class = "canvas-atom-canvas-text Mb (1,0em) Mb (0) – sm Mt (0,8em) – sm" type = "text" content = " Also: [19659019] Huawei is a "national security threat" that has been trying to steal my technology: Akhan Semiconductor CEO [Yahoo Finance] "data-reactid =" 37 "> Also: Huawei is a" national security threat "that tried to steal my technology: Akhan Semiconductor CEO [Yahoo Finance]

<p class = "canvas-atom canvas-text Mb (1,0em) Mb (0) – sm Mt (0,8em) – sm" type = "text "content =" US court ruling partially in favor of Molson in ad dispute with Bud Light : A US court ruled out Anheuser Busch InBev NV (BUD), the world's largest beer maker and brewer of Budweiser, excluded branded beer on Friday who use parts of their marketing that the competitor Molson Coors Brewing Co. (TAP) MillerCoors used for making its light beers. [Reuters] "data-reactid =" 38 "> US The court ruled partially in favor of Molson in a dispute with Bud Light : On Friday, a US court ordered Anheuser Busch InBev NV (BUD), the world's largest beer maker and brewer of Budweiser brand beers, Preventing Part of Its Marketing Used by Competitor Molson Coors Brewing Co. (TAP) MillerCoors used corn syrup to make its light beers. [Reuters]

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