Mr Bricolage says trading improved over Summer
PARIS (Reuters) – French home improvement or DIY retailer Mr Bricolage said trading had improved sharply over the summer but it was too early to say if the sector was heading for a lasting recovery.
EADS seeks disposals more than buys in defense, space review
LONDON (Reuters) – European aerospace group EADS will focus more on selling assets to simplify its business than on acquisitions as it reviews its defense and space activities, the sales chief of its Cassidian defense unit said.
VW moving forward with Southeast Asia car plant plans
FRANKFURT (Reuters) – Volkswagen is moving forward with plans to set up production in fast-growing Southeast Asian markets as the German carmaker expands its overseas footprint to boost its global ambitions.
Deutsche Bank Euribor traders win unfair dismissal case
FRANKFURT (Reuters) – Four Frankfurt-based traders have won a case for wrongful dismissal against Deutsche Bank AG , which had accused them of violating company policy by inappropriately communicating with other traders at the bank.
Share rally pauses, markets watching diplomacy on Syria
LONDON (Reuters) – A week of gains for world stocks petered out on Wednesday and a sell-off in oil and core government debt eased, as talks began on trying to avert a U.S. military strike on Syria against a broadly calm market backdrop.
Rolls-Royce mulls building its first SUV: CEO
FRANKFURT (Reuters) – Rolls-Royce , the maker of the 345,550-euro ($458,400) ultra-luxury Phantom saloon, is considering building its first sport-utility vehicle.
China Premier Li says economy stable, to push ahead with reform
DALIAN, China (Reuters) – Chinese Premier Li Keqiang pledged on Wednesday to push ahead with reforms, with financial system change at the center of his agenda, noting that the world’s second-largest economy was stable but there was a need to guard agai…
AstraZeneca pays $50 million for rights to Merck cancer drug
(Reuters) – Merck & Co Inc has licensed its experimental cancer drug to AstraZeneca Plc for a $50 million upfront fee in a deal that shows Britain’s second-biggest drugmaker continuing to rebuild its pipeline.
Standard Chartered appoints MENA CEO as head of Islamic arm
DUBAI (Reuters) – Standard Chartered Plc appointed its Middle East, North Africa and Pakistan Chief Executive, Christos Papadopoulos, to head its Islamic banking arm, the emerging markets-focused lender said on Wednesday.
Britain’s jobless rate dips, prompting more bets on earlier rate rises
LONDON (Reuters) – Britain’s unemployment rate dropped in July to its lowest since late last year, adding to speculation that the Bank of England may raise interest rates earlier than it has predicted.
