Nelson Peltz's Trian Takes Stake in GE, Pressuring Immelt 

Nelson Peltz's Trian Fund has accumulated a $2.5 billion stake in General Electric, the biggest ever for the investment firm. Peltz's move raises pressure on GE's Jeff Immelt to revive the faltering stock price.

 
Markets Gain on Expectations of Fed Inaction 

Global stock markets rose as investors considered the prospect of U.S. interest rates remaining at rock-bottom for longer and saw increased prospects for Chinese stimulus.

 
Suncor Bids for Canadian Oil Sands 

Suncor Energy launched an all-stock takeover offer worth about $3.3 billion for struggling oil-sands producer Canadian Oil Sands Ltd.

 
VW Emissions Probe Zeroes In on Two Engineers 

The Volkswagen investigation is focusing on two engineers who were elevated after Martin Winterkorn was made CEO.

 
Potash Corp. Ends Pursuit of German Rival K+S 

The Canadian company cited challenging market conditions and a lack of engagement by K+S management for dropping the $8.8 billion offer.

 
Glencore Shares Jump 

Shares in commodities giant Glencore have jumped higher again, opening up 15% in London after even bigger gains in Hong Kong earlier. Glencore says there was no new announcement on its part to explain the gains Monday.

 
American Apparel Files for Bankruptcy 

American Apparel filed for bankruptcy on Monday, the latest setback for a company that was thrown into chaos after a battle to oust founder Dov Charney.

 
Taiwan's HTC Swings to Net Loss 

The Taiwanese company continues to struggle in the competitive smartphone market.

 
Air France Plans to Cut 2,900 Jobs 

The management of Air France, the French arm of Air France-KLM, has outlined a plan to cut 2,900 jobs in a meeting with union representatives.

 
Schaeffler Sets IPO Price Range 

Schaeffler Group set the price range for the long-awaited listing of its automotive supplier Schaeffler AG, dispelling fears the crisis at major customer Volkswagen could derail the company's plans.

 
U.K. to Launch Retail Sale of Lloyds Shares 

The British government said it plans to sell at least $3.04 billion worth of shares in Lloyds Banking Group to the general public next spring.

 
Telenor Divests Interest in VimpelCom 

Telenor said it has decided to divest its one-third interest in VimpelCom, the Amsterdam-based telecoms operator facing accusations of corruption by U.S. and Dutch authorities.

 
China's Huarong to Start Taking Orders for $2.5 Billion IPO 

China Huarong Asset Management plans to start taking orders for its US$2.5 billion Hong Kong initial public offering next week, in what could be one of the region's biggest listings this year and only the second so far by a mainland state-owned debt clearing agency.

 
Hong Kong Stock Exchange Kills Dual-Class Share Pla 

No 'workable proposal' found after the city's market regulator objected to weighted-voting structures sought after Alibaba listed in the U.S.

 
Australia Strikes Deal to Buy Thales Light-Armored Vehicles 

Australia will buy a fleet of Hawkei light-armored vehicles for its army from French aerospace and defense contractor Thales SA in a US$916.4 million deal.

(END) Dow Jones Newswires

October 05, 2015 07:58 ET (11:58 GMT)

Copyright (c) 2015 Dow Jones & Company, Inc.