Target to launch mobile payment service in U.S. stores this year
CHICAGO (Reuters) – Target Corp said on Tuesday it plans to launch its own mobile payment service this year in stores, which would allow customers to pay for goods using an app on their mobile phones.
Zodiac family silver key to $9 billion Safran tie-up
PARIS (Reuters) – France’s Safran has crafted a deal to persuade family investors in Zodiac Aerospace to give up control in a merger that would create the world’s third largest aerospace supplier.
SEC fines Citigroup, Morgan Stanley over forex trading program
(Reuters) – Citigroup Inc and Morgan Stanley each agreed to pay more than $2.96 million to settle charges they misled investors about a foreign exchange trading program they were selling, the U.S. Securities and Exchange Commission said on Tuesday.
ECB should soon start discussing exit from stimulus: Lautenschlaeger
FRANKFURT (Reuters) – Preconditions for stable inflation in the euro zone are in place so the European Central Bank should soon start to discuss an exit from its stimulus program, Executive Board member Sabine Lautenschlaeger said on Tuesday.
Vodafone wins German court victory over Telekom duct charges
BERLIN (Reuters) – Germany’s highest federal court handed Vodafone a victory on Tuesday in a dispute with Deutsche Telekom over how the former state monopoly charges for the use of cable ducts, Vodafone said.
Volkswagen plant in Germany extends production stop
BERLIN (Reuters) – Volkswagen said it will halt production at one of its biggest auto-making factories in Germany on more days than originally planned because of shrinking demand for the Passat saloon and estate models.
Saudi Aramco asks banks to pitch for world’s largest share sale
KHOBAR, Saudi Arabia/DUBAI (Reuters) – Oil and gas company Saudi Aramco has invited banks to pitch for an advisory position on what is expected to be the world’s biggest initial public offering, sources familiar with the matter told Reuters on Tuesday….
Aetna, Humana to consider all options after court blocks merger
(Reuters) – Aetna and Humana would consider all available options for their proposed $34 billion merger, the two U.S. health insurers said on Tuesday, a day after a court ruled against the deal due to fears it would lower competition.
Alibaba raises guidance as strategy shift makes progress
(Reuters) – Chinese online retail giant Alibaba Group Holding beat analyst estimates with a 54 percent rise in third-quarter revenue, benefiting from its sharpened focus on cloud and digital media ventures as well as gains in its core business.
U.S. trade commission to probe Nokia complaint against Apple
WASHINGTON (Reuters) – The U.S. International Trade Commission said on Tuesday it will investigate a complaint by Nokia Technologies alleging that Apple Inc has imported smart phones, tablet computers and other electronics that infringe upon its patent…
