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.
Legal & Regulatory
AT&T 'intrigued' by Mexico, Latin America : exec
AT&T Inc is "intrigued" by Latin America and especially Mexico and would not rule out an opportunistic deal there even as it seeks to complete its $48.5 billion planned takeover of DirecTV, an AT&T executive said at a conference on Tuesday.
Orange offers to buy Spain's Jazztel for 3.4 billion euros
Orange has offered buy Spanish telecoms operator Jazztel for around 3.4 billion euros (4.40 billion US dollar), a deal that could help the French company jump ahead of rival Vodafone in the country's mobile market.
Ohio offers Amazon tax breaks to build $1.1 billion data center
State and local officials in Ohio are courting Amazon.com Inc with tax breaks and other perks to convince the No. 1 U.S. online retailer to build a $1.1 billion data center in central Ohio and create 120 jobs, according to public records.
Stocks end higher on bet Fed won't change rate stance
Stock markets around the world rose on Tuesday, ending near session highs as investors bet that the U.S. Federal Reserve wouldn't adjust its guidance about how soon it would raise interest rates.
Latest News
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.
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.
China's foreign direct investment inflows in August fell to a low not seen in at least 2-1/2 years, underscoring the challenges to growth facing the world's second-biggest economy.
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.
BlackRock Inc, the world's largest asset manager, has asked regulators to force exchanges to lower their access fees and require greater transparency of broker dealer-run trading venues known as "dark pools."
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.
European stock markets rode out a rough morning to move higher on Monday, recovering some poise at the start of a week likely to be dominated by a meeting of the U.S. Federal Reserve and Scotland's vote on whether to leave the United Kingdom.
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.
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.
