Reuters - Before the Bell

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Thursday, January 4, 2018

JPMorgan, Goldman Sachs come top of banker pay league in Britain

LONDON (Reuters) - JPMorgan and Goldman Sachs paid their top bankers in Britain an average of $1.5 million each in 2016, compared with $1 million for local rivals HSBC and Barclays , data released by the banks last year shows.

Walgreens quarterly profit falls 22 percent

(Reuters) - Drugstore chain Walgreens Boots Alliance Inc on Thursday reported a 22.1 percent fall in quarterly profit, partly hurt by an impairment charge related to its investment in Chinese wholesale partner Guangzhou Pharmaceuticals [GZPHA.UL].

Dow eyes 25,000 on signs of strong global growth

(Reuters) - The Dow Jones Industrial Average was set to breach the 25,000 mark for the first time on Thursday as upbeat economic data from around the world boosted sentiment.

Oil at highest since 2015, as Iran unrest spooks market

LONDON (Reuters) - Oil rose further above $68 a barrel on Thursday to the highest since May 2015, supported by unrest in Iran that has raised concerns about supply risks, cold weather in the United States which is boosting demand and OPEC-led output cuts.

Higher Berlin court to rule on challenge to Niki insolvency

FRANKFURT (Reuters) - A Berlin court on Thursday rebuffed a legal challenge to the insolvency filing of airline Niki, which could derail the sale of the Air Berlin unit to Britain's IAG , and referred the case to a higher court for a ruling.

Security flaws put virtually all phones, computers at risk

FRANKFURT/SAN FRANCISCO (Reuters) - Security researchers on Wednesday disclosed a set of security flaws that they said could let hackers steal sensitive information from nearly every modern computing device containing chips from Intel Corp, Advanced Micro Devices Inc and ARM Holdings.

Stocks records tumble, oil at highest since 2015

LONDON (Reuters) - Market bulls resumed their charge on Thursday as strong data from the world’s biggest economies sent stock index records tumbling and oil prices to their highest since mid-2015.

AT&T to launch 5G in U.S. by late 2018

(Reuters) - AT&T Inc , the No. 2 U.S. wireless carrier, said it would launch fifth-generation (5G) mobile network service in a dozen cities in the United States by late 2018, after international wireless standards for the network were finalised last month.

Exclusive: China's Wanda mulls sport unit IPO and sale of overseas assets - sources

HONG KONG (Reuters) - China's Dalian Wanda Group is considering a Hong Kong listing for its sports assets as part of efforts to rationalize its portfolio that could also include other sales, according to five people familiar with the situation.

GM's China December vehicle sales up 13.1 percent year-on-year

SHANGHAI/BEIJING (Reuters) - General Motors Co's sales in China rose 13.1 percent in December from a year ago to 491,702 vehicles, having increased 13 percent in November, the company said on Thursday.