China official services PMI hits six-month high, supported third-quarter pickup
BEIJING (Reuters) – Activity in China’s services sector expanded at the fastest pace in six months in September as demand grew, cementing a modest pickup in the world’s second-largest economy.
MF Global trustee plans to return more customer funds
(Reuters) – The trustee liquidating the brokerage unit of MF Global Holdings Ltd has asked a federal bankruptcy judge for permission to return remaining funds to U.S. customers who traded on domestic exchanges.
BP wins reprieve over Gulf spill payouts: U.S. appeals court
(Reuters) – BP Plc won a legal reprieve in its effort to force the administrator of a settlement related to the 2010 Gulf of Mexico oil spill to tighten standards in assessing claims, potentially sparing the oil company billions of dollars of extra cos…
Firms controlled by Asia’s richest man face Australian tax fight
SYDNEY (Reuters) – The Australian Tax Office is pursuing unpaid taxes from companies controlled by Asia’s richest man, Li Ka-shing, that relate to profits made in the country’s power, gas and water industries.
Decor magazine Domino revived as quarterly, online retailer
NEW YORK (Reuters) – Domino, a magazine focused on do-it-yourself home decor until sparse advertising forced its closure during the financial crisis, is re-launching on Thursday as an e-commerce site and quarterly publication.
Tesla shares drop 6 percent after report of Model S fire
DETROIT (Reuters) – Tesla Motors Co shares fell 6 percent on Wednesday after an automotive blog published images of a Model S electric sedan in flames after an accident on Tuesday morning just south of Seattle, Washington.
Italian prosecutors seek JPMorgan indictment for Paschi-Antonveneta deal: report
(Reuters) – Siena prosecutors requested that JPMorgan Chase & Co stand trial for obstructing regulators as part of a wider probe into Banca Monte dei Paschi di Siena SpA’s purchase of Banca Antonveneta SpA , Bloomberg reported citing people familiar with the matter.
Glencore Xstrata to close nickel mine in the Dominican Republic
SANTO DOMINGO (Reuters) – The global mining and commodities trading giant Glencore Xstrata is suspending operations at its Falcondo nickel mine in the Dominican Republic due to falling nickel prices.
Global stocks, dollar pressured as U.S. shutdown drags on
SYDNEY (Reuters) – The U.S. dollar stayed under pressure in Asia on Thursday in what looked likely to be another jittery session for stock markets as President Barack Obama met congressional leaders to try and break a deadlock on the U.S. government sh…
Emerging market firms to reshape corporate world: report
LONDON (Reuters) – The number of large emerging market companies will surge in coming years and they will become competitors but also customers for rich-country firms, according to a new study.
