October 3, 2013 / 11:43 PM / 4 years ago

PRESS DIGEST- Financial Times - Oct 4

Oct 4 (Reuters) - The following are the top stories in the Financial Times. Reuters has not verified these stories and does not vouch for their accuracy.

Headlines

Twitter launches countdown to $1 bln IPO

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Russian credit card provider TCS plans $750 mln London IPO

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Italian prosecutors seek trial for JPMorgan

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Carillion warns on job losses after failure of Green Deal

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China to invest in 650 mln stg Manchester project

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France targets Amazon to protect bookshops

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Overview

Micro-blogging site Twitter spelled out its plans for a $1 billion public offering scheduled for next month, with the stock to be listed under the ticker TWTR.

Russia’s TCS, a parent company for credit card supplier Tinkoff Credit Systems, launched plans for an initial public offering in London to raise up to $750 million.

Prosecutors in Italy have asked that JP Morgan Chase & Co stand trial for allegedly obstructing regulators as part of a wider probe into Monte dei Paschi di Siena’s purchase of a smaller rival.

Construction and support services company Carillion has warned of more job cuts in Britain after the government’s flagship energy-efficiency scheme failed to take off.

Industrial and Commercial Bank of China, the country’s largest bank, will invest in a new 650 million pound ($1.05 billion) business district at Manchester airport.

French lawmakers passed a law that bars online booksellers such as Amazon from offering free delivery to customers, in an attempt to protect the country’s struggling bookshops.

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