SKY DEUTSCHLAND ADVISES AGAINST BSKYB OFFER

Sky Deutschland's supervisory and executive boards have advised shareholders not to accept a takeover offer by British Sky Broadcasting, a week after the EU approved the deal.

JAZZTEL SHAREHOLDER SEEKS HIGHER OFFER FROM ORANGE

Alken Asset Management, the second-biggest shareholder of Jazztel, said it won't sell its shares to Orange unless the French company sweetens its EUR3.33 billion offer for the Spanish broadband provider.

FOXCONN STRUGGLES TO MEET NEW IPHONE DEMAND

Apple fans may have to wait for weeks to get the new iPhones as Apple's major assembler Foxconn appears to be struggling to boost its production to meet strong demand.

CREDIT SUISSE LOANS DRAW FED SCRUTINY

Credit Suisse is under fire from U.S. regulators over concerns the bank isn't heeding warnings to stop making loans regulators see as risky, according to a person familiar with the matter.

HOME BUILDER LENNAR BEATS EXPECTATIONS

Lennar said its fiscal third-quarter profit jumped 47% to $177.8 million, or 78c a share, as higher prices and deliveries drove an increase in revenue 26% to $2.01 billion. Shares were up 4% early.

SONY RAISES NET LOSS FORECAST FOR FISCAL YEAR

Sony said it expects to post a much deeper net loss for the current fiscal year, as it cut the value of its mobile communications unit after smartphone sales failed to meet expectations.

INDITEX PROFIT CAPPED BY GLOBAL TENSIONS

Political and economic turmoil in some of Inditexs high-growth markets pressured profit and sales in the first half, reflecting a downside to the retail giant's aggressive expansion into Asia and Eastern Europe.

U.S. STEEL CANADA TO SEEK CREDITOR PROTECTION

U.S. Steel said its Canadian unit would apply for bankruptcy protection, as the 113-year-old steelmaker seeks to stop the bleeding after five straight years of losses.

QATAR AIRWAYS MAY BOOST AIRBUS A380 ORDERS

Qatar Airways may boost its order for Airbus Group A380 super jumbos to as many as 25, which would more than double the number of jets the carrier has ordered and be a boost to the European plane maker that has struggled to sell the plane.

SPACEX STEPS CLOSER TO PENTAGON LAUNCH DEALS

Elon Musk's space venture could be cleared to launch satellites for the Pentagon by Dec. 1, a senior U.S. Air Force official said, hours before the firm won a government deal worth up to $2.6 billion to build and operate space taxis.

CLAIRE'S TO SET UP SHOP IN MORE TOYS 'R' US STORES

Toys "R" Us and Claire's said they will expand their partnership to about 100 stores in Europe and 12 locations in the U.S. by the end of the year after a successful European pilot program.