French low-cost telecom operator Iliad has set a mid-October deadline to decide whether to improve its bid for T-Mobile US or walk away as it faces resistance from seller Deutsche Telekom, several people familiar with the situation said.
Europe
German union calls strikes again at Amazon warehouses
Workers at German warehouses of online retailer Amazon.com took strike action again on Monday as labor union Verdi pressed its demands in a long-running dispute over pay and conditions.
Germany pushes Airbus for cost cuts on A400Ms: paper
Germany's defense ministry is demanding price cuts and longer cancellation periods on the A400M military airlifters it has ordered from Airbus, but which will be delivered later and less equipped than planned, a newspaper reported on Sunday.
Julius Baer eyes Coutts international arm, wary of bidding war
Swiss private bank Julius Baer is interested in acquiring Coutts International, a unit of Royal Bank of Scotland, but will not get into a bidding war for the venerable British bank's overseas arm, a Swiss paper reported on Sunday.
French and German visions for Europe to clash in Berlin
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.
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Oliver Samwer, chief executive and co-founder of Rocket Internet is in a position to increase his stake in the German venture capital firm under a stock options program that will be part of its planned stock market listing, a German magazine report said on Saturday.
Germany's defense industry lobby has warned that companies were looking into shifting production abroad in response to the country's restrictive arms export policy.
Financial leaders of the Group of 20 top economies remain committed to chasing higher global growth, but were divided on how to achieve it as Germany pushed back at calls from the United States and others for more immediate stimulus.
A looming gas glut worldwide is prompting Japanese and Indian firms to resell to European traders and utilities big chunks of U.S. liquefied natural gas they had committed to buy several years ago, signaling tempered enthusiasm for U.S. energy.
Exxon Mobil said on Friday it will wind down drilling in Russia's Arctic in the face of U.S. sanctions targeting Western cooperation with Moscow's oil sector, after the Obama administration granted a brief extension to safely mothball its operations.
French media group Vivendi has finalised an agreement to sell its Brazilian broadband business GVT to Spain's Telefonica for cash and shares worth around 7.2 billion euros ($9.29 billion), the companies announced on Friday.
Germany's Siemens (SIEGn.DE) is considering a bid for compressor and turbine maker Dresser-Rand (DRC.N) that could potentially derail a merger between Dresser-Rand and Swiss pump maker Sulzer (SUN.S), according to several media reports on Friday.
The British pound rose sharply after the Scottish independence vote indicated Scotland would remain in the United Kingdom, while Wall Street's overnight gains and Alibaba Group's red-hot initial public offering underpinned Asian shares.
Private banking hub Luxembourg sought to lure more wealthy investors on Wednesday by opening a high-security center designed to look like a jewel box, where collectors can store and trade valuables without paying customs or sales tax.
