American Airlines flight attendants accept contract offer
NEW YORK (Reuters) - Flight attendants at American Airlines on Sunday accepted the company's last and final contract offer, a decision that will help the bankrupt carrier in its bid to cut labor costs.
Shares ease after recent gain, policy bets persist
TOKYO (Reuters) - Asian shares inched lower on Monday, taking a break after investor risk appetite had risen on hopes that Europe's policymakers will take decisive steps to tackle the euro zone's debt crisis in coming weeks.
PARIS/LONDON (Reuters) - The City of London financial district, though diminished by scandals and job cuts, is proving irresistible to fed-up Parisian bankers fleeing France's rising taxes and the feeling that they're not best loved at home.
China's rural migrants key to consumption - government report
BEIJING (Reuters) - China's domestic migrant labor force could power consumer spending growth in the world's second biggest economy if workers had better access to basic welfare services in the cities where they live and work, a new government report says.
LONDON (Reuters) - G4S is set to pull out of Pakistan amid an increasingly hostile environment for foreign security companies, the Financial Times reported on Monday.
Insurer Aetna to buy Coventry Health for $5.7 billion: WSJ
(Reuters) - Insurer Aetna Inc has signed a deal to buy rival Coventry Health Care Inc for $5.7 billion in cash and stock, the Wall Street Journal reported, citing people familiar with the matter.
China's Big Four boost new bank loans in Aug first half: report
SHANGHAI (Reuters) - China's top four banks extended 70 billion yuan ($11 billion) of new local-currency loans during the first half of August, up from 50 billion yuan in the same period a month earlier, an official newspaper reported on Monday.
NEW YORK (Reuters) - Struggling retailer Best Buy Co Inc said its founder Richard Schulze has turned down an offer from the board to conduct due diligence in connection with his proposal to take the company private at a valuation of more than $8 billion.
Samsung Electronics shares fall 3 percent, cooling after 23 percent surge
(Reuters) - Shares in Samsung Electronics, South Korea's most valuable firm, fell 3 percent in early trade on Monday, extending falls into a second day as investors took profits following a one-month surge.
Analysis: Euro woes tilt financial power in Asia's favor
LONDON (Reuters) - As European banks retrench to recover from the global financial meltdown, they are finding ready buyers in Asia for everything from loans to entire insurance and broking operations.