Apple iPhone 6 pre-orders hit record 4 million on first day

Apple Inc said many customers will need to wait until next month for their new iPhones after a record 4 million first-day pre-orders were logged, double the number for the iPhone 5 two years ago.

China advances gold exchange launch, Singapore delays contract

China will launch its international gold exchange 11 days ahead of schedule, sources said on Tuesday, racing ahead in the scramble to set up an Asian bullion benchmark as rival Singapore is forced to delay its gold contract due to technical issues.

Rare ceramics, Chinese, Indian paintings highlight NY Asian Art Week

Sales of classical Chinese paintings, devotional sculptures from India, Nepal and Tibet and ancient ceramic and porcelain vases and jars, including a rare Ming dynasty bowl, will be among the highlights of Asian Art Week auctions in New York.

Mitsubishi Motors to invest $600 million in Indonesian car factory

Japan's Mitsubishi Motors Corp (7211.T) will invest $600 million to set up its first multi-purpose vehicle factory in Indonesia, aiming to capitalise on strong demand for the segment in the country as well as to export to other markets in Asia.

Weak gasoline, food prices dampen U.S. producer inflation

U.S. producer prices were flat in August, pointing to muted inflation pressures that should see the Federal Reserve in no hurry to raise interest rates.

Russia needs government investment to avoid recession, says former finance minister

Russia risks slipping into recession because the government is not investing enough in the economy to weather Western sanctions, former finance minister Alexei Kudrin said on Tuesday, criticizing the strategy so far.

Pioneer says to sell DJ equipment business to KKR for $550 million

Japanese car electronics maker Pioneer Corp (6773.T) said on Tuesday that it would sell its disc-jockey equipment business to private equity firm KKR & Co LP (KKR.N) for about 59 billion yen($550 million).

Germany's ZF to take over TRW Automotive for $13.5 billion

German car parts maker ZF Friedrichshafen [ZFF.UL] has reached a deal to buy U.S.-based TRW Automotive Holdings Corp (TRW.N) for $13.5 billion including debt, creating a global automotive supply powerhouse with combined annual sales of more than $40 billion.

Oil hits two-year low; dollar rises ahead of Fed

Brent crude fell below $97 per barrel on Monday, its lowest level in more than two years, as weak Chinese economic data cut the prospect for demand at a time of abundant supply, while expectations that the Federal Reserve will provide new details this week about its plans to raise interest rates lifted the dollar.

Danaher to buy Nobel Biocare for $2.2 billion

U.S. healthcare group Danaher Corp (DHR.N) is to buy Nobel Biocare Holding AG (NOBN.S) for an agreed $2.2 billion to become the world's biggest player in a dental implants market benefiting from growing demand for cosmetic dentistry.

Ackman's Pershing Square plans $2 billion Amsterdam fund listing

Pershing Square Holdings, a fund managed by activist investor Bill Ackman, hopes to raise $2 billion from a listing on the Euronext Amsterdam stock exchange, the company said in a statement on Monday.

Investors team up to find path through risky dark pools

Stock investors who recognize the risks of trading in anonymous "dark pools" but are unwilling to spurn them have found an alternative: club together.

Vernalis PLC Announces FDA Accepts Tuzistra(TM) XR NDA for Full Review

Vernalis plc and Tris Pharma, Inc. ("Tris") are pleased to announce that the U.S. Food and Drug Administration ("FDA") has confirmed that the New Drug Application ("NDA") for Tuzistra™ XR ("CCP-01") has been accepted for full review. This triggers a milestone payment from Vernalis to Tris.

Weak Chinese demand may push zinc stocks to LME warehouses

More refined zinc is likely to be shipped from bonded warehouses in China to warehouses approved by the London Metal Exchange in Asia in the fourth quarter as tight credit crimps domestic demand at a time of increased imports, traders said.

London designers target fashion-hungry shoppers with 'tech firsts'

Fueled by the boom in online sales for the latest trends, London's designers are finding new ways to deliver instant gratification to fashion hungry shoppers, amid high hopes of boosting growth in the sector.

Dubai's Emaar looks to raise $1.58 billion from malls unit's IPO

Dubai's Emaar Properties is seeking to raise as much as 5.8 billion dirhams ($1.58 billion) from an initial public offer of shares in its shopping malls unit that is expected to be the Gulf's biggest stock sale since 2008.

LVMH's TAG Heuer has plans for smartwatch: paper

French luxury group LVMH's watch brand TAG Heuer has plans to launch its own smartwatch, the head of its watch business told a Swiss newspaper.

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