Santander evacuates Madrid office after likely ‘white powder’ hoax
MADRID (Reuters) – Spanish lender Santander evacuated the main building at its Madrid headquarters on Tuesday after envelopes containing white powder were sent to senior executives in what police said looked to have been a hoax.
Air France shirt-ripping scenes a national embarrassment: ministers
PARIS (Reuters) – Violent acts by workers at the headquarters of troubled flag carrier Air France a day ago are a national embarrassment that reinforces the very image the country wants to shake off, French political leaders said on Tuesday.
Fiat Chrysler could lose $40 million weekly profit from strike: analyst
DETROIT (Reuters) – Fiat Chrysler Automobiles NV stands to lose $40 million of operating profit a week from a strike of its plants by the U.S. labor union United Auto Workers, said an analyst with the Center for Automotive Research.
SABMiller rejects ‘informal’ offer from AB InBev as too low: Bloomberg
LONDON (Reuters) – Brewer SABMiller has rejected an “informal” takeover offer from Anheuser-Busch InBev of about $100 billion as being too low, a media report said on Tuesday, pushing down its share price.
Goldman, Morgan Stanley win back hedge fund trading business
NEW YORK (Reuters) – Goldman Sachs and Morgan Stanley are winning back the trading business of hedge fund clients that they lost to European rivals during the financial crisis, as new capital rules spur banks like Deutsche Bank to scale down their busi…
U.S. trade deficit widens as exports sag, imports from China surge
WASHINGTON (Reuters) – U.S. exports took a hit from an ailing global economy in August and imports from China surged, fueling the largest expansion of America’s trade deficit in five months.
Apple ‘own worst enemy,’ U.S. antitrust monitor says in report
NEW YORK (Reuters) – Apple Inc’s antitrust compliance program has improved, but the company continues to impede a court-appointed monitor overseeing the program, acting as “its own worst enemy,” the monitor told a federal judge in a report made public …
Wall St. profits up 29 percent in first half of 2015 to $11.3 billion: report
NEW YORK (Reuters) – Wall Street broker-dealers posted profits of $11.3 billion in the first half of 2015, up 29 percent year-on-year and the strongest first half since 2011, according to a report by a New York financial watchdog on Tuesday.
Stocks cling to fifth day of gains after weak German data
LONDON (Reuters) – World stocks were left clinging to a fifth day of gains on Tuesday as weak data from Europe’s largest economy Germany and a dip in commodity markets eroded a recent global rebound.
Exclusive: Beaten-down AirAsia taps investors to take company private – sources
SINGAPORE (Reuters) – Founders of Asia’s largest budget carrier, AirAsia, are sounding out investors to take the company private in a management-led buyout, after a critical research report knocked its shares to a seven-year low, people familiar with t…
