French bank Natixis plans to cut 700 jobs in savings drive
PARIS (Reuters) – French investment bank Natixis plans to cut around 700 jobs, or 4.5 percent of its workforce, as part of a cost saving drive as Europe’s lenders adapt to a tough economic environment and new global curbs on risk-taking.
Fitch warns it may cut U.S. credit rating from AAA
NEW YORK (Reuters) – Fitch Ratings warned on Tuesday it could cut the sovereign credit rating of the United States from AAA, citing the political brinkmanship over raising the federal debt ceiling.
Publicis third-quarter sales slow, optimistic for 2014
PARIS (Reuters) – French ad group Publicis , which is merging with U.S. peer Omnicom Group , stuck to its target for higher full-year organic sales growth on Wednesday despite a slowdown in the third quarter on weaker emerging markets.
LVMH says Vuitton growth in third-quarter below fashion, leather unit
PARIS (Reuters) – LVMH Chief Financial Officer Jean-Jacques Guiony said on Wednesday that growth at its flagship Louis Vuitton fashion brand was slightly below that of the group’s fashion and leather division in the third quarter.
French banks face new foe as tobacconists offer cheap accounts
PARIS (Reuters) – The French will soon be able buy their cigarettes and do their banking at the same time as the country’s huge network of tobacconists opens up a stripped-down, cut-price bank account.
French banks face new foe as tobacconists offer cheap accounts
PARIS (Reuters) – The French will soon be able buy their cigarettes and do their banking at the same time as the country’s huge network of tobacconists opens up a stripped-down, cut-price bank account.
Insight: Japan politics looms over ANA’s choice between Airbus, Boeing
TOKYO/PARIS (Reuters) – When Japan Airlines Co broke with decades of tradition by buying long-haul jets from Europe’s Airbus rather than U.S. rival Boeing Co, it informed the Japanese government by email without any prior warning.
Yahoo’s Alibaba stake takes heat off weak forecast
SAN FRANCISCO (Reuters) – Investors cheered Yahoo Inc’s plans to keep a larger-than-expected stake in Chinese e-commerce giant Alibaba Group Holding Ltd, overlooking continuing softness in its core online advertising business.
Fuselage panel falls from Boeing 787 Dreamliner in flight
SEATTLE (Reuters) – Boeing Co said a body panel fell off of a 787 Dreamliner operated by Air India while the plane was in flight on Saturday, a new problem for the high-tech jet that has suffered a string of mishaps since its introduction two years ago…
China securities regulator calls for more retail investor protection
SHANGHAI (Reuters) – China should implement more policies to protect retail stock investors to ensure the healthy development of the country’s capital market, the head of the securities regulator said on Wednesday.
