Reuters Before the Bell: September 3, 2015

Click to View in Browser Thursday, September 3, 2015 Stocks rally but investors wary before ECB forecasts LONDON (Reuters) - World stocks rose on Thursday and the dollar held steady as cautious investors awaited new growth and inflation forecasts from the European Central Bank later in the day and U.S. jobs data on Friday. VW CFO Poetsch to be proposed as chairman: source FRANKFURT (Reuters) - The executive committee of Volkswagen's supervisory board was meeting on Thursday to propose finance chief Hans Dieter Poetsch as the carmaker's supervisory board chairman, a source familiar with the matter said. ECB seen cutting inflation outlook, hinting at more policy action FRANKFURT (Reuters) - The European Central Bank is set to cut its inflation forecasts on Thursday but hold back from concrete policy action, promising only to beef up its bond-buying program if growth and inflation prospects weaken further. Exclusive: Japan Display CEO hints at strong Apple orders ahead of new iPhone launch TOKYO (Reuters) - Japan Display Inc's new chief executive said on Thursday the screen maker's "biggest client", widely understood to refer to Apple Inc , is increasing orders ahead of the expected launch of a new iPhone this month. Futures higher but investors remain cautious (Reuters) - U.S. stock index futures were higher on Thursday but investors remained wary of taking big positions a day before the release of the monthly jobs report, which may be a critical factor in the Federal Reserve's interest rate decision. Oil rangebound as equity rally offsets inventory rise LONDON (Reuters) - Crude prices traded in a narrow range on Thursday as optimism over equity markets helped offset a surprise increase in U.S. oil inventory levels and a firm U.S. dollar. No concern yet regarding financial institutions from market turmoil: Jack Lew WASHINGTON (Reuters) - U.S. Treasury Secretary Jack Lew said financial market turmoil has yet to cause enough stress in financial institutions to warrant concern, CNBC reported on Thursday. Japan August PMI survey shows services expand at fastest pace in almost two years TOKYO, (Reuters) - Activity in Japan's services sector expanded at the fastest pace in almost two years in August, a survey showed on Thursday, as companies turned more optimistic on business conditions in a sign the economy may be bouncing back. Solar power supplies 10 percent of Japan peak summer power: Asahi TOKYO (Reuters) - Solar power generation contributed to about 10 percent of peak summer power supplies of Japan's nine major utilities, equivalent to more than 10 nuclear reactors, the Asahi newspaper reported on Thursday. Toshiba to post annual net loss of about 10 billion yen: Yomiuri TOKYO (Reuters) - Japan's Toshiba Corp is likely to post a net loss of about 10 billion yen ($83 million) when it reports its financial 2014/15 earnings as early as this week, the Yomiuri daily reported, amid a probe into improper accounting at the company. Related Video Stocks bounce back from sell-off A ray of sun in Puerto Rico's debt gloom Make sense of the market with highlights of valuable financial information and reports along with compelling investment insights. Register Today The latest Reuters articles on M&A, IPOs, private equity, hedge funds and regulatory updates delivered to your inbox each day. Register Today » » MORE NEWSLETTERS - 3 Times Square New York, NY 10036 USA © Copyright 2015 Thomson Reuters Ensure delivery of Reuters Newsmails, add newsletters@email.reuters.com to your address book. Subscribe to other Reuters newsletters. Unsubscribe from this newsletter. Follow us on Twitter Friend us on Facebook