MITRA MANDAL GLOBAL NEWS

Reuters Before the Bell: March 21, 2017

Authentic news,No fake news.


Cheerios maker General Mills' sales fall for seventh straight quarter
(Reuters) - General Mills Inc reported its seventh straight quarterly sales decline on Tuesday, hurt by weak demand for its yogurt and baking products, as the company discounted less amid pricing competition in the United States.
BMW CEO expects China to clarify electric car policy in next weeks
MUNICH (Reuters) - BMW Chief Executive Harald Krueger said he expected Chinese authorities to soon clarify the size of a proposed quota for electric cars as the German carmaker overhauls its production system to make more zero-emission vehicles.
Oil prices rise on talk of OPEC cut extension, inventories in focus
LONDON (Reuters) - Oil prices rose on Tuesday, helped by expectations that an OPEC-led output cut would be extended beyond June but gains were pegged back by concerns about persistently high crude inventories.
Porsche SE has no information about Piech's stake sale talks
STUTTGART, Germany (Reuters) - Porsche SE , Volkswagen's majority shareholder, said it has no information about former VW chairman Ferdinand Piech's talks with the carmaker's controlling families about a possible sale of his stake.
Fed's Dudley, citing Wells, calls for better bank incentives
LONDON (Reuters) - A top Federal Reserve regulator on Tuesday cited Wells Fargo & Co's accounts scandal as evidence that incentives to drive performance remain a problem on Wall Street, saying that banks have "a long way to go" in reforming internal culture.
Fed's Dudley repeats need for better bank culture
LONDON (Reuters) - Federal Reserve Bank of New York President William Dudley repeated on Tuesday that bank culture needs to be improved, suggesting that senior executives lead by example and that firms reward employees who speak out.
French presidential debate lifts euro to six-week highs
LONDON (Reuters) - The euro climbed to six-week highs and French bonds and stocks rallied on Tuesday after centrist Emmanuel Macron's performance in a television debate raised expectations he would win France's presidential election over the far-right's Marine Le Pen.
Goldman building robo-adviser to give investment advice to the masses
(Reuters) - Goldman Sachs Group Inc , known for advising the world's richest and most powerful, is building a so-called robo-adviser geared to mass affluent customers, according to a job listing posted Monday on the bank's website.
Google to revamp policies, hire staff after UK ad scandal
LONDON (Reuters) - Google vowed on Tuesday to police its websites better by ramping up staff numbers and overhauling its policies after several companies deserted the internet giant for failing to keep their adverts off hate-filled videos.
Hyundai Motor shares rally on restructuring speculation
SEOUL (Reuters) - Hyundai Motor Co shares gained the most in over five-and-a-half years on Tuesday on speculation that its parent group, controlled by Chairman Chung Mong-koo, will reorganize its ownership structure.

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