Business Today: March 3, 2017

Authentic news,No fake news.

Futures dip ahead of Yellen's speech (Reuters) - U.S. stock index futures were down for the second straight day since January on Friday, ahead of Federal Reserve Chair Janet Yellen's speech, which is expected to give further clarity on the possibility of an interest rate hike later this month.

Murdoch's Fox seeks EU okay for $14.4 billion Sky takeover bid BRUSSELS (Reuters) - Rupert Murdoch's Twenty-First Century Fox has asked EU antitrust regulators to approve its $14.4 billion takeover bid for European pay-TV company Sky , a filing on the European Commission showed on Friday.

Caterpillar shares flat day after U.S. authorities raid offices (Reuters) - Caterpillar Inc's shares were flat in premarket trading on Friday, suggesting investors had put aside the company's tax risk as old news, a day after federal law enforcement officials searched three of its facilities.

NBCUniversal invested $500 mln in Snap Inc during IPO: CNBC (Reuters) - NBCUniversal, a unit of Comcast Corp , invested $500 million in Snap Inc during its IPO as part of a strategic investment and partnership, CNBC reported on Friday, citing sources familiar with the matter.

Samsung chief's 'trial of the century' to start next week SEOUL (Reuters) - Samsung Group leader Jay Y. Lee will go on trial for bribery and embezzlement on Thursday, a court said, amid a corruption scandal that has rocked South Korea and led to the impeachment of the president.

Investors see Snap's IPO as 'too big to fail' NEW YORK/SAN FRANCISCO (Reuters) - Institutional investors anxious not to be left out of this year's marquee initial public offering helped Snap Inc pull off the biggest U.S.-listed technology share sale this week since Chinese e-commerce juggernaut Alibaba Group Holding Inc smashed records in 2014.

Fed and ECB go their separate ways FRANKFURT (Reuters) - Two of the world's biggest central banks are likely to find themselves with a bigger policy gap by the end of the coming fortnight

Snap's shares pop after year's biggest IPO NEW YORK (Reuters) - Snap Inc's shares ended up 44 percent on their first day of trading as investors flocked to buy into the hottest technology stock offering in three years, overcoming doubts about the loss-making messaging app company's slowing user growth.

Infiniti hints at F1-inspired high-performance car BEIJING (Reuters) - Infiniti, Nissan Motor Co's premium brand, will display a concept car at next week's Geneva motor show that will hint at a new "Formula One-inspired" high-performance model based on its Q60 coupe.

Nestle and Coke end Nestea iced tea venture ZURICH/LONDON (Reuters) - Nestle and Coca-Cola Co have agreed to end their Nestea iced tea joint venture after 16 years and pursue separate strategies in the fast-changing bottled drinks market.