Reuters Business Today: January 11, 2017

Click to View in Browser Wednesday, January 11, 2017 Futures flat ahead of Trump news conference (Reuters) - U.S. stock index futures were little changed on Wednesday ahead of President-elect Donald Trump's first formal news conference where he is expected to give more insight into his plans to boost economic growth. Exclusive: Alibaba, part of planned Taiwan fund, won't seek board seats at local firms - source TAIPEI (Reuters) - Alibaba Group Holding, which is awaiting regulatory approval for a $45 million fund it is participating in, has promised the Taiwanese government it will not take board seats at local firms the fund invests in, a source with direct knowledge of the matter said. VW shares climb on hopes U.S. emissions deal marks turning point BERLIN (Reuters) - Volkswagen's supervisory board is meeting on Wednesday to approve a draft $4.3 billion settlement with the U.S. Justice Department, marking a milestone in its attempts to recover from its emissions test cheating scandal. Samsung leader named a suspect in South Korea political probe SEOUL (Reuters) - A South Korean special prosecutor's office will question Samsung Group [SAGR.UL] leader Jay Y. Lee as a suspect in a widening influence-peddling scandal that may force President Park Geun-hye from office. Trump rally makes stock options great again for some CEOs BOSTON (Reuters) - Donald Trump once described Jamie Dimon as "the worst banker in the United States," but the president-elect has helped make the boss of JPMorgan Chase & Co $50 million richer. Bitcoin slides as China's central bank launches checks on exchanges SHANGHAI/LONDON (Reuters) - China's central bank launched spot checks on leading bitcoin exchanges in Beijing and Shanghai, ratcheting up pressure on potential capital outflows and knocking the price of the cryptocurrency down more than 12 percent against the dollar. China's anti-Teslas: cheap models drive electric car boom -nuBEIJING (Reuters) - More electric cars are sold in China than in the rest of the world combined, but are mainly locally-branded models that are cheaper and have a shorter range than those offered by foreign automakers such as Tesla and Nissan. Airbus deliveries rose 8 percent, orders outpaced Boeing in 2016 TOULOUSE, France (Reuters) - Airbus posted an eight percent rise in deliveries last year, beating its own forecasts by a comfortable margin to set a company record, and pulled off a last-minute surge in orders to beat arch-rival Boeing in the race for new orders. China's Xi to promote globalization at Davos, not 'war and poverty' BEIJING/GENEVA (Reuters) - China's President Xi Jinping will promote "inclusive globalization" at this month's World Economic Forum (WEF) in Davos and will warn that populist approaches can lead to "war and poverty", Chinese officials said on Wednesday. Smucker hikes prices of Folgers, Dunkin' Donuts packaged coffee (Reuters) - J. M. Smucker Co said on Wednesday that it had raised prices of its packaged coffee products such as Folgers and Dunkin' Donuts by an average of 6 percent in the United States. Related Video Gildan gets American Apparel UK banks look for Brexit clarity Counterparties is a curated snapshot of the best finance news and commentary around the web. Register Today News you can use with actionable, timely advice for managing your financial life, including retirement, taxes, real estate, education and more. Register Today » » MORE NEWSLETTERS - 3 Times Square New York, NY 10036 USA © Copyright 2017 Thomson Reuters Ensure delivery of Reuters Newsmails, add newsletters@email.reuters.com to your address book. Subscribe to other Reuters newsletters. Unsubscribe from this newsletter. Follow us on Twitter Friend us on Facebook