Apple’s iPad Mini with retina display to go on sale Tuesday
(Reuters) – Apple Inc said its iPad Mini with retina display will be available beginning Tuesday starting at $399 in the United States.
Carlsberg grabs Heinz veteran to cash in on Asian thirst
COPENHAGEN (Reuters) – Danish brewer Carlsberg has appointed former Heinz executive Christopher Warmoth as head of its Asia business to aim for a bigger share of the high-growth market to offset weak beer sales in recession-hit western Europe.
U.S. bank customers like electronic channels, but want branches too
NEW YORK (Reuters) – U.S. bank customers are quickly turning to mobile devices and computers to deposit checks and borrow money for cars and houses even as they say banks should keep branch offices open, according to a new study.
Analysis: London, Dubai, Kuala Lumpur in three-way fight for Islamic finance crown
DUBAI (Reuters) – When the British government said last month it would issue its first Islamic bond, the implications went far beyond the debt market: it was a signal that London will not back down in an escalating tussle among cities for Islamic finan…
Global shares slip, dollar firm as Fed outlook dominates
LONDON (Reuters) – China’s plan to broaden economic reforms failed to give a lift to world shares on Tuesday as higher U.S. government bond yields and growing talk the Federal Reserve will soon scale back its stimulus weighed on sentiment.
BP clinches $6 billion fuel supply deal with Rosneft
MOSCOW (Reuters) – Top Russian oil firm Rosneft said it would sell about $6 billion worth of refined products to BP, establishing the British major among its biggest buyers after years without any such deal.
RBS must tackle capital issues before share sale: UKFI
LONDON (Reuters) – Part-nationalized Royal Bank of Scotland must address issues over its capital and future strategy before the government can start selling its shares, the new head of the agency managing Britain’s bank stakes told lawmakers.
EU leaders meet on youth jobs but solutions elusive
PARIS (Reuters) – Soaring youth unemployment will top the agenda when France hosts a European jobs summit on Tuesday, but leaders will eschew radical proposals to tackle a problem that risks fuelling social unrest and political extremism.
Government shutdown erodes U.S. small business confidence
WASHINGTON (Reuters) – U.S. small business sentiment fell to a seven-month low in October as business owners worried a partial shutdown of the government would weigh on sales and cause merchandise to pile up in warehouses.
VW brand sales rise despite ‘ongoing uncertainty’ in markets
BERLIN (Reuters) – German automaker Volkswagen said sales of its core passenger-car brand rose 2 percent in October “despite ongoing economic uncertainty.”