BRUSSELS, Sept 21 Reuters EU antitrust regulators will decide by Oct. 23 whether to clear Turkish domestic appliances maker Arcelik39;s proposed purchase of Whirlpool39;s European domestic appliances business, an European Commission filing showed on Thursday. Under the deal announced in January, the companies will set up a new entity made up of Arcelik39;s European units such as […]

HONG KONG, Sept 21 Reuters UBS has cut around 70 of the Hong Kongbased staff headcount at Credit Suisse39;s securities research unit, two sources with direct knowledge of the matter said, as the two Swiss banking giants move ahead with integration of operations. UBS39; takeover of Credit Suisse, the biggest bank merger since the 2008 global […]

CHICAGO, Sept 21 Reuters Travel boom has delivered bumper earnings for U.S. carriers, but nofrills airlines such as Frontier and Spirit are struggling to return to sustainable profitability. That has made some of them weigh premiumprice offerings, including firstclass seats, customer lounges and branded foods even as they expect fares to remain the primary driver for bookings. […]

Sept 21 Reuters Cisco Systems has agreed to buy cybersecurity firm Splunk for about 28 billion in its biggestever deal to beef up its software business and capitalize on the rising use of artificial intelligence, the companies said on Thursday. The deal will help reduce Cisco39;s reliance on its massive networking equipment business, which has suffered in […]