Air France managers flee as staff storm meeting on job cuts
ROISSY, France (Reuters) – Air France managers fled a meeting on Monday about mass job cuts after angry staff waving banners and flags stormed the room, according to Reuters journalists at the scene.
U.S. labor chief tries to calm Fiat Chrysler worker fears
DETROIT (Reuters) – The United Auto Workers and Fiat Chrysler Automobiles NV negotiators were back at the table on Monday days after U.S. union members soundly rejected a proposed four-year contract the two sides agreed on three weeks ago.
Holiday shopping season forecast: consumers fight for deals
NEW YORK (Reuters) – U.S. retailers enter the holiday season vowing to control discounting that has wreaked havoc on their results in the past, but competition between stores, consumers trained to expect discounts and a still-recovering economy point t…
Crude up 2 percent as gasoline jumps, Russia mulls talks on oil
NEW YORK (Reuters) – Crude oil prices rose more than 2 percent on Monday, bolstered by a rally in U.S. gasoline and Russia’s willingness to meet other major oil producers to discuss the market.
U.S. service sector growth ebbs in September
NEW YORK, (Reuters) – The pace of growth in the U.S. services sector decelerated in September as new orders and business activity slowed, according to an industry report released on Monday.
Legal troubles, market realities threaten Uber’s global push
PARIS/SINGAPORE (Reuters) – Uber Inc’s aggressive global expansion is looking costlier and riskier than ever as the company struggles with regulatory and competitive obstacles in major markets.
Stocks rise as investors see Fed delaying hike
LONDON (Reuters) – European shares followed Asian stocks higher on Monday while the dollar was on the defensive after Friday’s weak U.S. jobs data signaled the era of low-cost money had further to run.
Volkswagen’s South African unit says its cars comply with green laws
JOHANNESBURG (Reuters) – Volkswagen’s South African unit said on Monday all its vehicles in Africa’s most advanced economy are compliant with environmental laws, following the emissions testing scandal, which has rocked the global car industry.
Despite ‘weak’ jobs report, Fed’s Rosengren still sees 2015 rate hike
BOSTON (Reuters) – Eric Rosengren still expects the Federal Reserve to raise interest rates this year despite what the head of the Boston Fed called a “weak” September jobs report, which could signal a more significant economic slowdown that delays the…
Global regulators finalize new capital rule for big insurers
LONDON (Reuters) – The world’s nine biggest insurance companies will have to hold more capital under new rules just finalised by global regulators that aim to prevent taxpayer bailouts of the industry in a crisis.
