Today’s top business headlines with ChristineRomans before the opening bell on Wall Street:
London 1. Fiat Chrysler bails: Fiat Chrysler has withdrawn its proposal to merge with French automaker Renault , squashing a deal that would have reshaped the auto industry and created the world's third largest carmaker.
The company said Wednesday that it"has become clear that the political conditions in France do not currently exist for such a combination to proceed successfully." Earlier in the day, Renault said that the French government had requested its board of directors postpone the vote on the merger.France, which owns 15% of Renault and is the company's largest shareholder, previously indicated that it would support a merger if the companies protect French jobs and auto plants.
Thursday — ECB and Reserve Bank of India rate decisions; Europe's GDP growth estimate; Beyond Meat earnings