Reuters Daily Investor Update: September 3, 2015

Click to View in Browser Thursday, September 3, 2015 Wall St. ends higher in choppy session NEW YORK (Reuters) - Wall Street rose on Thursday after European Central Bank chief Mario Draghi hinted at additional stimulus measures and ahead of a key U.S. jobs report that may figure in the Federal Reserve's decision about when to lift interest rates. VW's unassuming CFO emerges from boardroom wars as chairman FRANKFURT (Reuters) - Austrian Hans Dieter Poetsch, Volkswagen AG's finance chief, faces a massive task in his future role as chairman - to maintain the support of the often divided stakeholders who have chosen to back him while improving the carmaker's profitability. Euro falls on ECB outlook; U.S. stocks pare gains NEW YORK (Reuters) - The euro fell 1 percent on Thursday on a darkening euro zone outlook, while U.S. stocks pared sharp early gains as investors grew cautious ahead of Friday's key jobs report. U.S. sanctions against Chinese firms could be next week: FT (Reuters) - The United States is preparing to sanction Chinese companies connected to the cyber theft of U.S. intellectual property as early as next week, the Financial Times reported on Thursday. Samsung to make new smartwatch available to competition BERLIN (Reuters) - Samsung Electronics said on Thursday it would make its next smartwatch technology available to its competitors who also use Google Inc's mobile platform Android, hoping to increase its share of the market, which is now dominated by Apple Inc . Oil seesaws, Brent turns lower following Wall Street NEW YORK (Reuters) - Oil prices seesawed on Thursday in line with volatile U.S. equities, rising early as market bulls supported prices for a second day, then retreating, with global benchmark Brent falling into negative territory. VW's finance chief set to become new chairman BERLIN (Reuters) - Volkswagen's finance chief Hans Dieter Poetsch is set to become its next chairman, putting Europe's biggest carmaker on course for calmer waters after rival factions including ousted patriarch Ferdinand Piech united to back him. U.S. and euro zone business improves, Asia a concern LONDON/NEW YORK (Reuters) - Global manufacturing and service sector activity expanded in August at the same pace as in July, with both the U.S. and euro zone doing better than Asia, according to purchasing manager surveys. Los Angeles drops mortgage discrimination case against JPMorgan NEW YORK (Reuters) - Los Angeles has dropped a lawsuit accusing JPMorgan Chase , the largest U.S. bank, of discriminatory mortgage lending, ending the first of the city's four lawsuits accusing major banks of driving up foreclosures among minority borrowers. Gun maker Colt says near deal to exit bankruptcy WILMINGTON, Del (Reuters) - Gun maker Colt Defense and its creditors are close to a deal on a plan to bring the company out of bankruptcy, but if it fails, the business will go on the auction block next month, a company lawyer told a judge on Thursday. Related Video Breakingviews: Dancing on air Tesla tweets delivery date for Model X Related News Circus roadie, ice-cream scooper: The first jobs of famous couples Why planning to work in retirement is a risky business Get a jump on the day with our early morning summary of key news developments for the US markets, as well as global market news. 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