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  • LONDON, Oct 24- Brent crude oil steadied around $108 per barrel on Wednesday after a six-day losing streak as weak European data offset earlier strength prompted by signs that Chinese demand could stage a recovery. Manufacturing PMI in Germany, Europe's largest economy, fell unexpectedly, while business sentiment dropped for the sixth consecutive month.

  • GLOBAL ECONOMY-Euro woes deepen, China, US improve a bit Wednesday, 24 Oct 2012 | 2:23 PM ET

    *Economic rot taking root in Germany, France. NEW YORK/ LONDON, Oct 24- Euro zone businesses suffered another dismal month in October as factory output plunged in Germany, the area's top economy and exporter, while conditions improved slightly for U.S. and Chinese manufacturers.

  • Auto bailout could be key to Obama victory in Ohio Wednesday, 24 Oct 2012 | 2:15 PM ET

    LORDSTOWN, Ohio-- President Barack Obama's decision to help America's automakers could end up being what helps drive him back into the White House.

  • PRECIOUS-Gold up along with stocks; eyes on Fed meeting Wednesday, 24 Oct 2012 | 2:12 PM ET

    LONDON, Oct 24- Gold rose on Wednesday along with stock markets, helped by well received data from China and an upbeat earnings report from Boeing, while dealers awaited a Federal Reserve policy statement later in the day. Spot gold was up 0.1 percent at $1,709.60 an ounce at 1309 GMT, while U.S. gold futures for December delivery were up 60 cents an ounce at $1,710.

  • Oct 24- Kennametal Inc's quarterly profit missed Wall Street estimates by a wide margin on Wednesday and the industrial toolmaker cut its sales and earnings outlook for the full year, citing slowing economies.

  • UPDATE 2-China to approve only a few new reactors by 2015 Wednesday, 24 Oct 2012 | 1:41 PM ET

    *France's Areva, Japan's Toshiba could benefit. BEIJING, Oct 24- China will approve a small number of new nuclear reactors before 2015 to be built only in coastal regions, the government said on Wednesday, as it unveiled a raft of measures to spur private investments in energy.

  • NEW YORK, Oct 24- U.S. stocks opened higher on Wednesday as strong results from Boeing Co and positive data from China eased concerns about sluggish global growth. Boeing rose 2.1 percent to $74.51. The Nasdaq Composite Index was up 19.55 points, or 0.65 percent, at 3,010.01.

  • Volkswagen mulls new midsize SUV for North America Wednesday, 24 Oct 2012 | 1:32 PM ET

    NASHVILLE, Tenn.-- German automaker Volkswagen AG is considering the introduction of a new midsize SUV for the North American market, and its existing Tennessee plant is a contender for building it.

  • *Nigeria loses out on $29 bln on cut-price gas deals-report. ABUJA, Oct 24- Nigeria lost out on tens of billions of dollars in oil and gas revenues over the last decade from cut price deals struck between multinational oil companies and government officials, a confidential report seen by Reuters says.

  • *Boeing climbs after earnings, outlook. NEW YORK, Oct 24- U.S. stock index futures advanced on Wednesday and pointed to a higher open, after data from China and Boeing provided temporary relief to a slumping market, and following declines Tuesday when the Dow suffered its biggest drop in four months.

  • China set to OK new nuke plants, ending moratorium Wednesday, 24 Oct 2012 | 11:43 AM ET

    BEIJING-- China said Wednesday that it is ready to approve new nuclear power plants as part of ambitious plans to reduce reliance on oil and coal, ending a moratorium imposed after Japan's Fukushima disaster last year.

  • *Worst of China growth slowdown may be over. LONDON, Oct 24- The euro zone's biggest member Germany is being sucked into the bloc's worsening economic quagmire, business surveys suggested on Wednesday, as similar data signalled the slowdown in China may be abating.

  • *China data points to strengthening recovery. *Dow Chemical to cut jobs. NEW YORK, Oct 24- U.S. stock index futures edged higher on Wednesday, indicating indexes may bounce from declines a day earlier when the Dow suffered its biggest drop in four months, following data from China that eased concerns about sluggish global growth.

  • METALS-Copper up off 6-week low on China optimism Wednesday, 24 Oct 2012 | 11:04 AM ET

    LONDON, Oct 24- London copper rose from a six-week low on signs of recovery in top consumer China, though gains were capped by weak euro zone data, including in Germany, and ahead of a Federal Reserve policy statement due later on Wednesday. Benchmark three-month copper on the London Metal Exchange edged up 0.51 percent to $7,871 a tonne by 1015 GMT.

  • *Vegas less powerful in casino world after Macau boom. With no full-time staff in Asia and a mission that includes nurturing an industry increasingly dependent on China- controlled Macau, the granddaddy of U.S. gambling regulators may ultimately prove powerless to police a global business of which Las Vegas is no longer the capital, industry veterans said.

  • UPDATE 4-Oil bounces as China data eases economy worry Wednesday, 24 Oct 2012 | 10:46 AM ET

    *Iran, Nigeria supply concerns underpin prices. LONDON, Oct 24- Oil rose on Wednesday, snapping a six-day losing streak, after economic data from China suggested a gradual recovery in the world's No. 2 oil consumer, though weak European data kept the gain slim. Brent crude was up 40 cents at $108.65 a barrel by 1020 GMT.

  • *France's Areva, Japan's Toshiba among reactor builders that could benefit. BEIJING, Oct 24- China will restrict the number of new nuclear reactor approvals to a ``small amount'' before 2015, and will only allow them to be built in coastal regions, the government said on Wednesday.

  • Enrollment up at Washington universities Wednesday, 24 Oct 2012 | 10:25 AM ET

    SEATTLE-- About a thousand more international students are enrolled at the University of Washington's Seattle campus this fall, but school officials say that doesn't mean they have cut back on the number of in-state students at the state's most selective public university.

  • MELBOURNE, Oct 24- Deutsche Bank has built a 5.2 percent stake in Australian takeover target GrainCorp in recent months, a move that could pay off handsomely as the target's shares have soared and could climb even higher if rival bids appear.

  • How Goldman Sachs Manages Client Money Wednesday, 24 Oct 2012 | 10:05 AM ET
    How Goldman Sachs Manages Client Money

    Jim O'Neill, Goldman Sachs Asset Management chairman, discusses the euro zone crisis; opportunities in China; and the impact of U.S. elections on the economy, with CNBC's Gary Kaminsky.