CNBC's Seema Mody reports from London where the Alibaba roadshow is kicking off days before the company comes public in the U.S.» Read More
SINGAPORE, Sept 22- London copper futures slipped for a third session on Monday to their weakest since June, as the dollar firmed and investors fretted over China's slowing economic growth. This week's focus will be on China's flash manufacturing PMI reading on Tuesday, as fears over the outlook for country's economy mount.
HONG KONG, Sept 22- Short-sellers who profit from stock price declines have resumed targeting Chinese companies after a three-year lull, but many of the researchers who instigate the strategy are now cloaked in anonymity, shielding themselves from angry companies and Beijing's counter-investigations.
The German industrial conglomerate Siemens AG is near an agreement to acquire U.S. oilfield equipment maker Dresser-Rand Group for all cash
NEW YORK/ LONDON, Sept 21- The German industrial conglomerate Siemens AG is near an agreement to acquire U.S. oilfield equipment maker Dresser-Rand Group Inc for all cash, people familiar with the matter said on Sunday.
BERLIN/ PARIS, Sept 21- Germany and France will try to reconcile divergent visions of how to fix Europe's economy on Monday when Manuel Valls makes his first visit to Berlin as French prime minister and holds talks with Angela Merkel.
EXCLUSIVE-LAW FIRMS BINGHAM, MORGAN LEWIS, AGREE TO MERGE. Sept 20- Leaders of two of the United States' largest law firms, Boston- based Bingham McCutchen and Philadelphia's Morgan Lewis& Bockius, have agreed to merge, according to three people familiar with the matter.
Apple new mobile payments system is winning over financial industry heavyweights, signaling the likely demise of lesser payment alternatives.
KANSAS CITY- Federal Reserve Bank of Kansas City President Esther George gives welcome remarks at the Shift Innovation: Community Development Conference- 1330 GMT.
NEW YORK— Alibaba debuted as a publicly traded company Friday and swiftly climbed more than 40 percent in a mammoth IPO that offered eager investors seemingly unlimited potential for growth and a way to tap into the burgeoning Chinese middle class.
*Nationalist leader Alex Salmond concedes defeat, resigns. EDINBURGH, Sept 19- Scotland spurned independence and saved a union dating back 300 years in a historic referendum but its defeated leader said it would hold London to last minute offers of more power that could radically reshape the United Kingdom.
ATHENS, Greece— Greece's finance minister said Friday that his country will not seek additional rescue funds from other eurozone countries after bailout loans are completed this year, despite concerns from rescue lenders that an early general election could unravel years of painful cost-cutting reforms.
SAN FRANCISCO, Sept 19- Holly Riggle, a 29- year-old white-collar worker from Ohio, is just the kind of everyday customer Apple Inc would love to have for its new iPhone 6, which launches Friday. But Riggle is sticking to her Android smartphone, calling Apple less "original" than it was under former Chief Executive Officer Steve Jobs.
PARIS/ BRUSSELS, Sept 19- Scotland's vote against independence offers lessons for British politicians and their European partners faced with a referendum on whether to stay in the EU which Prime Minister David Cameron has promised for 2017..
But Apple Inc's new mobile payments system- unveiled just ten days ago- is already winning over the heavyweights of the financial industry and signaling the likely demise of lesser payment alternatives.
NEW YORK, Sept 19- U.S. crude oil fell on Friday, on track for its fourth daily decline on continued concerns about ample supply at a time of weak global economic data and fragile demand. Brent crude hovered around $98 a barrel for much of the morning, but saw a rally just before 11 a.m. EDT with prices gaining as much as 76 cents a barrel in the next hour.
CINCINNATI— Will Radcliff, who built a multimillion-dollar global business from flavored, icy Slush Puppie drinks, has died in Cincinnati. His daughter DeeAnn Radcliff Harmon said Radcliff died Thursday in hospice care after his health declined following a recent fall.
NEW YORK, Sept 19- U.S. crude oil fell on Friday, on track for its fourth daily decline on continued concerns about ample supply at a time of weak global economic data and fragile demand. Brent crude hovered around $98 a barrel, as talk of possible OPEC production cuts kept the benchmark up from the 26- month lows reached at the start of the week.
*Nationalist leader Alex Salmond concedes defeat, resigns. EDINBURGH, Sept 19- Scotland spurned independence in a historic referendum that threatened to rip the United Kingdom apart, sow financial turmoil and diminish Britain's remaining global clout.
LONDON, Sept 19- British financial markets rose and a collective sigh of relief echoed across the investment and business community on Friday after a Scottish vote against independence averted the deep uncertainty a United Kingdom break-up would have unleashed. Royal Bank of Scotland said it had scrapped contingency plans to relocate to England.
NEW YORK, Sept 19- Stock markets around the world rose on Friday after Scotland voted to remain in the United Kingdom and removed an element of uncertainty for equity markets, which were on track for a week of strong gains. Investors were also eagerly awaiting the initial public offering of Alibaba Group, slated to debut on the New York Stock Exchange on Friday.