Bass Pro consortium in the lead to acquire Cabela’s: sources
(Reuters) – A consortium of Bass Pro Shops, Goldman Sachs Group Inc’s private equity arm and Capital One Financial Corp is in the lead to acquire U.S. outdoor gear retailer Cabela’s Inc , according to people familiar with the matter.
Tesla posts 70 percent rise in quarterly deliveries, backs 2016 target
SAN FRANCISCO (Reuters) – Tesla Motors Inc said on Sunday its third-quarter deliveries rose 70 percent to 24,500 cars, following production improvements, cheaper lease deals and reports of discounts on some vehicles.
Germany’s Merkel cannot afford to bail out Deutsche Bank: media
FRANKFURT (Reuters) – German Chancellor Angela Merkel cannot afford to bail out Deutsche Bank given the hard line Berlin has taken against state aid in other European nations and the risk of a political backlash at home, German media wrote on Saturday…
Deutsche Bank executives heading to U.S. in coming days: FAZ
FRANKFURT (Reuters) – Deutsche Bank executives are heading to the United States in the coming days to negotiate a settlement over a fine of up to $14 billion for misselling mortgage-backed securities, the Frankfurter Allegemeine Zeitung reported.
Exclusive: EU wants Google to stop anti-competitive Android practices, fine expected
BRUSSELS (Reuters) – EU antitrust regulators plan to order Alphabet’s Google to stop paying financial incentives to smartphone makers to pre-install Google Search exclusively on their devices and warned the company of a large fine, an EU document show…
Zara owner Ortega buys $550 million Madrid skyscraper
MADRID (Reuters) – Amancio Ortega, Europe’s richest man and founder of global fashion group and Zara owner Inditex , has bought one of Madrid’s most famous skyscrapers for 490 million euros ($551 million) through his property investment arm, a source s…
China’s yuan joins elite club of IMF reserve currencies
BEIJING (Reuters) – China’s yuan joins the International Monetary Fund’s basket of reserve currencies on Saturday in a milestone for the government’s campaign for recognition as a global economic power.
Petronas weighs sale to exit $27 billion Canada LNG project: sources
KUALA LUMPUR/MILAN (Reuters) – Malaysian state oil firm Petroliam Nasional Bhd is considering selling its majority stake in a $27 billion Canadian liquefied natural gas (LNG) plant, three people familiar with the matter said this week.
China factory activity expands again in September: official PMI
BEIJING (Reuters) – Activity in China’s manufacturing sector expanded again in September, an official survey showed on Saturday, which may indicate that recent positive momentum can be sustained.
A Deutsche Bank settlement overshadows U.S. equities
NEW YORK (Reuters) – Deutsche Bank will likely cast a pall over equity markets next week as the largest German lender navigates a possible multi-billion dollar settlement with the U.S. Department of Justice over the sale of mortgage-backed bonds.
