In its latest propaganda video, ISIS lists countries that it says are part of a global coalition against it. Among them: Taiwan.» Read More
CNBC's Sharon Epperson discusses the day's activity in the commodities markets and looks at where oil and precious metals are likely headed tomorrow.
*Government deciding whether to approve CNOOC bid for Nexen. OTTAWA, Oct 4- Canada's main opposition party on Thursday demanded the government reject a Chinese state-owned company's landmark $15.1 billion bid for oil producer Nexen Inc, saying approval of the deal could trigger "a tidal wave" of foreign takeovers.
"Saturday Night Live," Jimmy Fallon, Piers Morgan, the "Today" show and "Good Morning America" all asked for appearances from the "Sesame Street" character on Thursday after he was unexpectedly thrust into the presidential campaign by Mitt Romney.
*Canada NDP says fears possible tsunami of foreign bids* Government deciding whether to approve CNOOC bid for Nexen* NDP cites lack of transparency in approval process* Nexen shares lose one percent after comments By David Ljunggren.
Google acquired Motorola in May for $12.5 billion to bolster its patent portfolio as its Android mobile operating system competes with rivals such as Apple Inc and Samsung Electronics Co Ltd. But many investors and analysts have questioned Google's need to be in the hardware business, where profit margins are lower and Google has little experience.
*Government deciding whether to approve CNOOC bid for Nexen. OTTAWA, Oct 4- Canada's main opposition party on Thursday demanded that the government reject a landmark $15.1 million bid by Chinese state-owned CNOOC Ltd for oil producer Nexen Inc, saying it could provoke "a tidal wave" of foreign takeovers.
BERLIN, Oct 4- The International Monetary Fund will cut its German economic growth forecasts for both this year and for 2013 to 0.9 percent, the Handelsblatt daily said in a preview of an article to be published on Friday.
LONDON, Oct 4- Russian Urals crude strengthened on Thursday as traders cited scarce remaining barrels from the October programme and increased refining runs in Russia and Europe. "I think the market will tighten for November-December as refiners come back on stream in Russia, so you would see less barrels for exports," a trader with a major said.
NEW YORK, Oct 4- Marc Lasry's Avenue Capital Group hedge fund is downsizing and laying off roughly 6.5 percent of its staff, according to an employee memo reviewed by Reuters.
LONDON, Oct 4- European shares closed fractionally lower on Thursday as a gloomy economic outlook dented sentiment, outweighing a boost to risk appetite from global monetary stimulus. became the latest victim of the European downturn on announcing it would have to cut costs and sell a business due to a decline in demand from southern Europe and Britain.
Struggling small businesses and a stagnant job market cannot wait for Washington policymakers to remedy what ails the U.S. economy, Starbucks CEO Howard Schultz told CNBC’s “Squawk on the Street” on Thursday.
NEW YORK-- More than a billion people now log into Facebook each month to check up on old friends, tag photos of new ones and post about politics, religion, cats or what their kids are doing. The latest milestone also amounts to nearly half of the world's roughly 2.5 billion Internet users, as measured by the International Telecommunications Union.
WASHINGTON-- Orders to U.S. factories fell in August from July, mostly because of a sharp drop in volatile aircraft orders. The decline offset an increase in orders that reflect corporate investment plans. The Commerce Department said Thursday that factory orders dropped 5.2 percent in August, the biggest decline in more than three years.
*Rio cuts jobs in London, Australia. Australia's Rio Tinto- which gets some 80 percent of its profits from iron ore and is the diversified miner most exposed to fluctuations in the steelmaking ingredient- is cutting jobs in London and Melbourne, a source with knowledge of the situation told Reuters.
WASHINGTON-- Orders to U.S. factories fell in August, mostly because of a sharp drop in volatile aircraft orders. The decline offset an increase in orders that reflect corporate investment plans. The Commerce Department said Thursday that factory orders fell 5.2 percent in August, the biggest drop in more than three years.
*Unrest in Turkey- Syria raises regional security worries. LONDON, Oct 4- Brent crude oil rose almost $2 per barrel on Thursday after skirmishes along the Turkey- Syria border raised fresh concerns over the security of Middle Eastern oil supplies.
Oct 4- Rupert Murdoch conceded defeat this week in his battle with Google and the Internet, an adversary even more powerful than the British government. Coincidentally, News Corp, Murdoch's holding company, announced the departure of its chief digital officer, Jonathan Miller.
The agency expects lending volumes to pick up again over the next 12-18 months for Mongolia's banks, due to replenished foreign-currency funding raised offshore. Loan demand should remain adequate in 2013, despite falling commodity prices as a result of lower economic growth in China.
WASHINGTON-- President Barack Obama and Republican rival Mitt Romney spun one-sided stories in their first presidential debate, not necessarily bogus, but not the whole truth.
By Astrid Wendlandt and Pascale Denis. PARIS, Oct 4- French retail and luxury group PPR. "There will be news in the course of the month of October," Francois-Henri Pinault told journalists at the group's media day.