Auf Wiedersehen Air Berlin: flights to cease this month
BERLIN (Reuters) – Flights operated by insolvent German carrier Air Berlin will end by Oct. 28 at the latest, it said on Monday, urging staff to seek jobs elsewhere while it works toward a carve-up of its assets.
DSW investor group rejects Linde-Praxair merger offer
BERLIN (Reuters) – German investors’ association DSW recommended on Monday that shareholders in industrial gases group Linde not tender their shares in an exchange offer for its planned $80 billion merger with U.S. peer Praxair .
GE names Trian co-founder Ed Garden to board
(Reuters) – U.S. industrial conglomerate General Electric Co said on Monday it had elected Ed Garden, the founding partner and chief investment officer of activist investment firm Trian Fund Management, to its board of directors.
Google uncovered Russia-backed ads on YouTube, Gmail: Washington Post
WASHINGTON (Reuters) – Google has discovered that Russian operatives spent tens of thousands of dollars on ads on YouTube, Gmail, Google search and other products, The Washington Post reported on Monday.
Dove faces PR disaster over ad that showed black woman turning white
LONDON (Reuters) – A social media outcry over an advertisement for Dove body wash which showed a black woman removing her top to reveal a white woman has escalated into a public relations disaster for the Unilever brand.
Germany, China lift world stocks, Spanish worries simmer
LONDON (Reuters) – World shares rose on Monday, with Chinese stocks hitting 21-month highs and the German index setting a new record, while political uncertainty triggered big moves in sterling, the Turkish lira and Spanish debt.
Oil prices stable after OPEC signals possible further action
AMSTERDAM (Reuters) – Oil prices stabilized on Monday after one of the most bearish weeks in months, propped up by OPEC comments signaling the group and other producers may take further action to restore market balance in the long term.
Indonesia says investigating StanChart $1.4 billion transfer to Singapore
JAKARTA (Reuters) – Indonesia is investigating reports that $1.4 billion held by Standard Chartered Plc in Guernsey, mainly on behalf of Indonesian clients, was transferred to Singapore just before the island moved to new tax transparency rules, offici…
Qualcomm offers EU concessions over $38 billion NXP takeover bid
BRUSSELS (Reuters) – U.S. smartphone chipmaker Qualcomm has offered concessions in an attempt to allay EU antitrust concerns over its $38-billion bid for NXP Semiconductors, the largest ever in the semiconductor industry.
Germany, China lift world stocks, Spanish worries ease
LONDON (Reuters) – World shares rose on Monday, with Chinese stocks hitting 21-month highs and Germany a record, while political uncertainty triggered big moves in sterling, the Turkish lira and Spanish debt.
