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Monday, September 8, 2014

Business Today: Scotland split fears pound sterling, Europe flinches

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09/8/2014
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Scotland split fears pound sterling, Europe flinches
LONDON (Reuters) - World share markets stalled on Monday as the threat of Scotland splitting from the rest of Britain leapt to the forefront of investors' attention, the latest in a recent run of geopolitical curveballs.
Electrolux takes on Whirlpool in U.S. with $3.3 billion GE Appliances buy
STOCKHOLM (Reuters) - Sweden's Electrolux said on Monday it would double U.S. sales by paying $3.3 billion in cash for General Electric Co's appliances business in its biggest ever deal, giving it the scale to go head-to-head with larger rival Whirlpool .
Morgan Stanley launches new, higher target for S&P 500
NEW YORK (Reuters) - U.S. stock index futures are modestly lower on Monday, but indexes remain near record levels, suggesting an upward momentum for equities that Morgan Stanley expects to continue.
Campbell Soup sales rise but miss analysts' estimates
(Reuters) - Campbell Soup Co on Monday reported lower-than-expected quarterly sales as markets for its soup and snack products remained sluggish.
WeChat helps Apple rack up bonus points in China
BEIJING (Reuters) - Apple Inc has a lot for which to thank people like Deng.
Carlyle raises $3.9 billion for private equity's second biggest Asia fund
HONG KONG (Reuters) - Carlyle Group , one of the world's largest private equity firms, said on Monday it has closed its fourth Asia fund at $3.9 billion, the second-largest private equity fund ever raised for Asia investments.
Sharp considering sale of U.S. solar energy unit: Bloomberg
TOKYO (Reuters) - Sharp Corp is looking to sell its U.S.-based solar energy development unit Recurrent Energy, Bloomberg reported on Monday, as the Japanese firm winds down its involvement in the solar industry to focus on profitable businesses.
Russia's PM signals $40 billion state help for Rosneft possible: Vedomosti
MOSCOW (Reuters) - Russian Prime Minister Dmitry Medvedev said that the state oil champion Rosneft , in need of funds to service its huge debt, may receive 1.5 trillion roubles ($40.6 billion) from state coffers over time, Vedomosti newspaper said on Monday.
RBS unit may raise $3.5 billion in top U.S. bank IPO this year
(Reuters) - Citizens Financial Group Inc, the U.S. unit of Britain's Royal Bank of Scotland , said its initial public offering was expected to raise as much as $3.5 billion, making it the biggest U.S. offering by a bank this year.
IMF's Lagarde urges Germany to spend more, aid recovery
PARIS (Reuters) - International Monetary Fund (IMF) head Christine Lagarde urged Germany to increase investments to help spur the euro zone's flagging economic recovery, adding that the bloc as a whole needed to make more structural reforms.
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