Ericsson may cut up to 4000 jobs in Sweden

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Ericsson may cut up to 4000 jobs in Sweden

Ericsson, which signaled last month that production lines in Sweden weren't exempt from planned job cuts, could deliver the news to employees at factories in Boraas and Kumla as soon as Tuesday, according to broadcaster SVT.
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LVMH buys 80% of German luggage group Rimowa

French luxury group LVMH said on Tuesday it had reached a deal to buy 80 per cent of German high-tech luggage maker Rimowa for 640 million euros (S$976.8 million).
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Renzi's Gamble Gets Real for Investors as Euro Periphery Splits

… are the only euro-area government-bond markets to have lost investors money over the past month, according to Bloomberg World Bond Indexes.
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Pound Tumbles to Three-Decade Low as Angst Over Brexit Persists

The pound dropped to a three-decade low against the dollar amid mounting investor concern that the U.K. is heading for a so-called hard Brexit.
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Accounting Roundup: Third quarter in review — 2016

This edition of Accounting Roundup summarizes the key financial reporting developments in the third quarter of 2016.
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