Tuesday, April 10, 2018

China's car tariffs pledge; Zuckerberg testifies; Oil up

1. China's great market opening? US stock futures were higher early after Chinese President Xi Jinping said his government would "significantly lower" tariffs on vehicle imports this year as part of efforts to further open its giant economy to the world.

Iraq exports 9 shipments of gas condensates, 21 of gas liquids in Q1

BAGHDAD, April 10 (Reuters) - Iraq exported nine shipments of natural gas condensates and 21 shipments of gas liquids in the first quarter of the year, the oil ministry reported on Tuesday.

BRIEF-GB Sciences Pursues FDA-Registered, First-In-Human Trial Of Cannabis Based Therapy For Parkinson's Disease

* COMPANY WILL BEGIN ITS TOXICOLOGY STUDIES IN SUMMER OF 2018 Source text for Eikon: Further company coverage:

Britain's Serious Fraud Office names COO as interim head

LONDON, April 10 (Reuters) - Britain's Serious Fraud Office (SFO) has named its chief operating officer, Mark Thompson, as its interim director, pending the appointment of a permanent successor to outgoing head David Green.

BRIEF-Delta 9 Cannabis Signs Letter Of Intent With Pharmasave

* DELTA 9 CANNABIS INC. SIGNS LETTER OF INTENT WITH PHARMASAVE

FOCUS-Lonza's virus factory shows gene therapy's Texas-sized promise

ZURICH, April 10 (Reuters) - Swiss drugmaker-for-hire Lonza is betting that trillions of customized viruses made at a giant factory in Texas will be the lucrative raw materials of a medical revolution.

Facebook responds to German privacy watchdog on data leak

BERLIN, April 10 (Reuters) - Facebook has responded to a request for information from a German privacy official on the leak of personal data of millions of users, meeting a deadline that fell just as CEO Mark Zuckerberg prepares to testify before the U.S. Congress.

China's Xi Jinping says tariffs on car imports will be cut this year

The promise addresses one of the gripes of US President Donald Trump, who has threatened to impose new tariffs on $150 billion of Chinese goods in a tense trade dispute between the world's two largest economies.

China's Xi Jinping says tariffs on car imports will be cut this year

Chinese President Xi Jinping on Tuesday said his government would "significantly lower" tariffs on vehicle imports this year as part of efforts to further open its giant economy to the world.

UPDATE 2-Russian rouble narrows losses, falls by more than 2 pct

* Russian bonds hit by new proposal for sovereign debt curb (Adds details, quotes, background)

EMERGING MARKETS-Russia rouble tumbles over 4 percent, debt clobbered

LONDON, April 10 (Reuters) - Russia's rouble tumbled on Tuesday and some Russian bonds plumbed record lows in the wake of U.S. sanctions, but the broader emerging markets complex rallied, encouraged by China's promise to reduce import tariffs.

BRIEF-Carlyle And Oil Trader Vitol On Brink Of Pulling 2 Bln Euroâ€Å½ Varo Energy Float - Sky News

* Carlyle And Oil Trader Vitol On Brink Of Pulling 2 Bln Euroâ€Å½ Varo Energy Float - Sky News Source: http://bit.ly/2H9MpUC