Reuters - Before the Bell

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Tuesday, November 21, 2017

Exclusive: Westinghouse discussing group bid for Saudi nuclear tender - sources

RIYADH/PARIS (Reuters) - Toshiba-owned Westinghouse is in talks with other U.S-based companies to form a consortium to bid in a multi-billion-dollar tender for two nuclear power reactors in Saudi Arabia, three industry sources said.

Lowe's comp sales, profit beat as hurricanes drive demand

(Reuters) - Lowe's Cos Inc's third-quarter comparable sales topped analysts' estimates on Tuesday, helped by hurricane-driven demand for its building materials and a push on the volume of business it does with professional contractors.

Mazda's China JV to recall 206,570 Mazda 6 cars

BEIJING (Reuters) - Mazda Motor Corp's joint venture with FAW Group Corp[SASACJ.UL] has begun recalling 206,570 Mazda 6 cars because of a potential issue with the vehicle's brake-assist system in cold weather, a Mazda spokesman said on Tuesday

Hong Kong tribunal fines HSBC private bank $51 million for Lehman-linked products

HONG KONG (Reuters) - A Hong Kong tribunal on Tuesday imposed a fine of HK$400 million ($51 million) on the private banking unit of HSBC in a case related to the sale of Lehman Brothers-linked structured financial products between 2003 and 2008.

Oil steadies as caution sets in ahead of OPEC meeting

LONDON (Reuters) - Oil prices were only slightly firmer on Tuesday as traders looked ahead to a meeting next week at which major crude exporters are expected to extend production cuts but the prospect of rising U.S. output capped gains.

CBS channels blacked out for Dish customers over carriage dispute

(Reuters) - CBS Corp's TV stations were blacked out for Dish Network Corp's customers over a network carriage deal dispute, the companies said early Tuesday.

Tencent's stellar share rally sees it surpass Facebook in market value

HONG KONG (Reuters) - Tencent Holdings Ltd has racked up some impressive gains this week - becoming the first Chinese firm to be worth more than $500 billion and surpassing Facebook to be the world's fifth-most valuable company.

U.S. sues to stop AT&T buying Time Warner, says would hike rates

WASHINGTON (Reuters) - The U.S. Department of Justice sued AT&T Inc on Monday to block its $85.4 billion acquisition of Time Warner Inc , saying the deal could raise prices for rivals and pay-TV subscribers while hampering the development of online video.

Indonesia court rules against Goldman in Hanson share ownership dispute

JAKARTA (Reuters) - An Indonesian court ruled on Tuesday that Goldman Sachs should return shares in property developer PT Hanson International Tbk to tycoon Benny Tjokrosaputro in a legal tussle over ownership.

SoftBank funding may spur Uber to re-think tough Southeast Asian market

SINGAPORE(Reuters) - SoftBank Group's multi-billion dollar investment in Uber Technologies Inc opens up the possibility of combining it with other ride-hailing assets the Japanese group owns in a consolidation of a rapidly growing business across Asia, industry sources say.