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Monday, August 11, 2014

Business Today: RBS confirms it's considering sale of Coutts' international arm

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08/11/2014
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RBS confirms it's considering sale of Coutts' international arm
ZURICH/SINGAPORE (Reuters) - Royal Bank of Scotland confirmed it was considering selling the international arm of its private bank, a deal one source said could net it as much as $1 billion, as the British government leans on it to focus more on domestic lending.
Futures higher as Ukraine tensions ease
NEW YORK (Reuters) - U.S. stock index futures were higher on Monday, indicating that Friday's sharp rally could continue as it appeared less likely that the tense situation between Russia and Ukraine would escalate.
For largest U.S. companies, jobs growth has lagged profits, revenues
WASHINGTON (Reuters) - Employment growth at the largest U.S. companies has lagged far behind increases in revenue and operating profit since the start of the century, as firms reaped the benefits of globalization, technology, and other ways to operate more productively, according to a Reuters analysis of corporate data.
Amazon stops some Disney movie preorders: WSJ
NEW YORK (Reuters) - Amazon.com Inc has halted pre-orders of some Disney movies, the Wall Street Journal reported, in what appears to be another contract dispute after the online retailer began a protracted spat with publisher Hachette Book Group this year.
Food and flirting; how firms learn to live with China antitrust raids
HONG KONG/BEIJING (Reuters) - In the early afternoon of Monday, Aug. 4, ten men in suits and casual business wear barged into a busy office at Mercedes-Benz's east China sales office, near Shanghai's Hongqiao international airport.
Frequent flyer schemes revamped to drive profits in tough times for airlines
BERLIN (Reuters) - Beset by low air fares and relentless competition, airlines around the world are waking up to the value of their frequent flyer programs and realizing they can boost profits as well as brand profile.
McDonald's, Yum release supplier data after China food safety scare
SHANGHAI (Reuters) - Five fast food chains including McDonald's and Yum Brands Inc have published details of their suppliers on their Chinese websites, following a request from Shanghai authorities after the latest food safety scare.
TPG's $3.1 billion move for Australia's Treasury Wine sets up clash with rival KKR
SYDNEY/HONG KONG (Reuters) - Private equity giant TPG Capital Management LP made a $3.1 billion approach for Australia's Treasury Wine Estates Ltd TWE.AX, a source said, setting the scene for a possible bid war for the world's No.2 winemaker with rival KKR & Co KKR.N.
Europe's fragile economy put to test as Ukraine, Iraq sour mood
FRANKFURT (Reuters) - Investors will gauge the strength of the euro zone's fragile economy this week as escalating conflicts in Ukraine and Iraq darken the mood globally.
GM must face suit claiming it covered up ignition-switch defect
NEW YORK (Reuters) - General Motors Co has lost its bid to dismiss a lawsuit accusing the automaker of concealing critical evidence about a faulty ignition switch linked to the death of a Georgia woman in 2010.
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