PRESS DIGEST- Financial Times - Oct 4

Reuters

Oct 4 (Reuters) - The following are the top stories in theFinancial Times. Reuters has not verified these stories and doesnot 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 $1billion public offering scheduled for next month, with the stockto be listed under the ticker TWTR.

Russia's TCS, a parent company for credit card supplierTinkoff Credit Systems, launched plans for an initial publicoffering 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 partof 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 thegovernment's flagship energy-efficiency scheme failed to takeoff.

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

French lawmakers passed a law that bars online booksellerssuch as Amazon from offering free delivery tocustomers, in an attempt to protect the country's strugglingbookshops.

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