Thomson Reuters cuts 3,000 jobs, stock rises
(Reuters) – Thomson Reuters Corp said on Tuesday that new sales of its financial terminals outpaced cancellations in the third quarter for the first time since 2011, and it announced 3,000 job cuts to reduce costs.
Airbus still eyes 25 A380 sales this year: CEO in paper
PARIS (Reuters) – Airbus still hopes to sell 25 A380 superjumbos this year despite the lack of orders since the start of 2013, the head of the European planemaker, Fabrice Bregier, told Les Echos newspaper.
Infosys in process of resolving U.S. visa investigation
BANGALORE (Reuters) – Indian IT firm Infosys Ltd said on Tuesday it was in the process of reaching a settlement with the U.S. government over the company’s alleged misuse of temporary business visas.
Nasdaq says options trading in major indexes resumes after halt
(Reuters) – Nasdaq OMX said on Tuesday that options trading had resumed in a number of widely followed indexes after a halt where the exchange failed to disseminate value for the Nasdaq 100 .
Adidas joins European-led effort on Bangladesh factories
(Reuters) – Sporting goods maker Adidas AG has signed a pact to promote the safety of garment workers in Bangladesh, picking a European-led initiative over a rival U.S. drive, it said on Tuesday.
Judge in Monte Paschi probe to rule on JP Morgan indictment in March: sources
FLORENCE (Reuters) – An Italian judge will decide on March 6 whether to send to trial JP Morgan Chase & Co for obstructing regulators as part of a wider probe into Banca Monte dei Paschi di Siena’s purchase of a smaller rival, judicial sources said on Tuesday.
Deutsche Bank investors can’t pursue U.S. lawsuit as group: judge
NEW YORK (Reuters) – A U.S. judge on Tuesday refused to allow shareholders suing Deutsche Bank AG for misrepresenting the risks of packaging mortgages into complex financial products to proceed as a group.
U.S. consumer spending gauge rises, but confidence weakens
WASHINGTON (Reuters) – A gauge of U.S. consumer spending rose in September as Americans likely snapped up Apple’s new iPhone and bought leisure goods, but falling car sales pointed to sluggish economic growth.
Dutch Rabobank fined $1 billion over Libor scandal
AMSTERDAM (Reuters) – U.S. and European regulators have fined Dutch lender Rabobank $1 billion for rigging benchmark interest rates, making it the fifth bank punished in a scandal that has helped to shred faith in the industry.
StanChart puts senior FX trader in London on leave: source
LONDON (Reuters) – Standard Chartered has put one of its senior currency traders in London on leave, a source familiar with the matter said on Tuesday.