RBS SAYS IMPAIRMENTS LOWER THAN EXPECTED
Royal Bank of Scotland said that full-year impairments would be
lower than expected as economic conditions and asset prices
continue to improve in its key markets, prompting RBS shares to
rise.
NEXT WARNS ON PROFITS IF WARMTH PERSISTS
British clothing chain Next warned that it is likely to lower
its full year profit guidance if the unusually warm weather
continues for the full duration of October.
EU BELIEVES APPLE'S IRISH TAX DEAL BREACHED RULES
European Union regulators laid out for the first time reasons
why they believe tax deals granted to Apple in Ireland and Fiat in
Luxembourg constituted illegal state support for the companies.
SOFTBANK, DREAMWORKS ANIMATION TALKS COOL
SoftBank's discussions to acquire DreamWorks Animation are said
to have cooled, less than two days after word first emerged of the
talks. DreamWorks shares spiked on the initial report, closing 26%
higher.
APPLE SETS CHINA IPHONE 6 LAUNCH DATE
Apple said it would start selling the latest iPhones in China,
the world's largest smartphone market, beginning Oct. 17.
FORD SHARPLY CUTS FULL-YEAR OUTLOOK
Just three months into the top job at Ford Motor, Mark Fields
slashed the auto maker's full-year profit outlook on rising
troubles in emerging auto markets and costs from quality troubles
and U.S. recalls.
TELIASONERA PLANS STABLE DIVIDEND, COST CUTS
TeliaSonera has set the dividend it plans to pay this year and
next as the same amount it paid in 2013, a change of policy that
comes as the telecoms group juggles fresh cost savings with further
investment.