Nokia’s French jobs cut plan suspended until October 2: French minister
PARIS (Reuters) – Nokia’s plan to cut almost 600 jobs in France is suspended until Oct. 2, French junior economy minister Benjamin Griveaux said on Tuesday after meeting the head of the Finnish telecom equipment maker’s French unit.
Futures slightly higher ahead of Federal Reserve meeting
(Reuters) – U.S. stock index futures were slightly higher on Tuesday, ahead of the Federal Reserve’s two-day policy meeting, which would give investors clues on the timing of the next U.S. interest rate hike.
Kohl’s to accept Amazon returns in 82 stores
(Reuters) – Department store operator Kohl’s Corp said it would accept returns of select items bought from Amazon.com Inc at some of its stores in Los Angeles and Chicago, expanding its partnership with the ecommerce giant.
Airbus eyes China for A380 jumbo amid sluggish global sales
BEIJING (Reuters) – Chinese airlines could need between 60 and 100 of Airbus SE’s A380 jets over the next five or so years as passenger traffic grows, the plane maker’s China head said on Tuesday, amid rising questions over future demand for the super…
Shares tap brakes, dollar reverses as Fed nears
LONDON (Reuters) – Record-high world stocks paused on Tuesday and the dollar dipped, as investors waited for signals from the Federal Reserve on when it will start shrinking its balance sheet and nudge up U.S. interest rates again.
Bayer says needs more time for Monsanto deal approval
MONHEIM, Germany (Reuters) – German drugs and pesticides group Bayer said on Tuesday it was now likely to be early next year before it can complete its $66 billion deal to acquire U.S. group Monsanto , later than previously expected.
Swiss shut down ‘fake’ E-Coin in latest cryptocurrency crackdown
ZURICH (Reuters) – Switzerland’s financial watchdog has closed down what it said was the provider of a fake cryptocurrency and is investigating around a dozen other possible fraud cases, in the latest clamp-down on the risks involving virtual money.
Activist lifts Clariant stake, aiming to scuttle Huntsman deal
ZURICH (Reuters) – The activist investor fighting Clariant’s planned $20 billion merger with Huntsman Corp has built a 15.1 percent stake in the Swiss chemicals maker, making it the company’s biggest shareholder.
With new operating system, Apple revamps its money-making App Store
(Reuters) – Apple Inc’s newest operating system for iPhones and iPads introduces changes to its marketplace for third-party software to satisfy app developers and add new so-called augmented reality apps.
Toys ‘R’ Us files for bankruptcy ahead of holiday season
(Reuters) – Toys ‘R’ Us Inc, the largest U.S. toy store chain, filed for bankruptcy protection late Monday, the latest sign of turmoil in the retail industry that is caught in a viselike grip of online shopping and discount chains.
