NEW YORK - American Apparel is filing Chapter 11 bankruptcy protection. The filing comes almost two years after the company ousted founder Dov Charney, who is locked in a legal fight and sued American Apparel for defamation.
LONDON European shares followed Asian stocks higher on Monday while the dollar was on the defensive after Friday's weak U.S. jobs data signaled the era of low-cost money had further to run.
LONDON Euro zone business activity grew at its weakest pace in four months during September but in one encouraging sign for the European Central Bank, service firms raised prices for the first time in four years, surveys showed on Monday.
LONDON Oct 5 Shares in trader and miner Glencore surged as much as 20 percent in London on Monday, following a 25-percent leap on the Hong Kong market, as hopes for deal-making trumped worries over a slump in metals prices.
ROISSY, France Air France managers fled a meeting on Monday about mass job cuts after angry staff waving banners and flags stormed the room, according to Reuters journalists present at the scene.