Oct 25- Canadian oil and gas producer Nexen Inc said it still expects a $15.1 billion takeover bid by China's CNOOC Ltd to close in the current quarter. Ottawa has promised to release a set of clear guidelines for large foreign investments when it announces its decision on the CNOOC takeover bid around Nov. 11.
CALGARY, Alberta-- Canadian oil and gas producer Nexen says it continues to expect the $15.1 billion takeover of the company by Chinese state-owned CNOOC to be completed by the end of the year. It would be China's biggest overseas energy acquisition.
HONG KONG, Oct 25- ZTE Corp, the world's fourth-biggest maker of mobile phones and fifth-ranked telecommunications equipment manufacturer, reported a $310 million net loss for July-September, its first quarterly loss, as margins thinned, overseas projects were delayed and it made accounting changes at home in China.
LONDON, Oct 25- Global shares and commodity markets rose on Thursday, pulled out of their recent slide by encouraging data from Britain and China and the U.S.
Oct 25- Canadian oil and gas producer Nexen Inc said it still expects a $15.1 billion takeover bid by China's CNOOC Ltd to close in the current quarter. CNOOC's chief financial officer, Zhong Hua, told reporters on Wednesday that his company expected to get approval for the takeover by the end of the year.
*Q3 sales fall 19 pct to $6.68 bln vs consensus $6.75 bln. *Core EPS $1.51 vs consensus $1.44; full-year outlook held. LONDON, Oct 25- AstraZeneca's sales slumped by a bigger-than-expected 19 percent in the third quarter, underscoring the challenges confronting the drugmaker's new chief executive, Pascal Soriot.
LONDON/ SHANGHAI, Oct 25- Copper edged up on Thursday, snapping four sessions of losses, supported by the U.S. Federal Reserve's renewed commitment to keep stimulating economic growth and by improving manufacturing data from top metals consumers China and the United States.
*Coming Up: U.S. Weekly jobless claims at 1230 GMT. LONDON, Oct 25- Brent crude oil rose above $108 per barrel on Thursday, consolidating after seven days of falls as better-than-expected data suggested the world economy was recovering, but analysts said the overall outlook for oil prices was bearish.
*Strong demand for cleaning, hair and skin products in China. LONDON, Oct 25- Unilever's quarterly sales growth beat forecasts as demand for cleaning and personal care products in China helped the consumer goods group outshine larger rival Nestle.
TOKYO, Oct 25- Japan's Canon Inc cut its full-year earnings outlook and posted a weaker-than-expected quarterly profit as Chinese consumers began shunning Japanese products over a territorial spat, adding to corporate Japan's pain from a slowing global economy.
HONG KONG/ SHANGHAI, Oct 25- Hong Kong's commitment to its 29- year-old currency peg to the U.S. dollar risks making the already pricey city even more expensive as policymakers try to manage a wave of foreign money seeking to cash in on a potential Chinese recovery.
Shintaro Ishihara, who recently played a key role in reviving a bitter territorial dispute with China, told a packed news conference that he wants to fix the nation's fiscal and political problems.
HONG KONG, Oct 25- ZTE Corp, the world's fourth-biggest maker of mobile phones and fifth-ranked telecommunications equipment manufacturer, reported a net loss of 1.95 billion yuan for July-September, its first quarterly loss on record, as margins thinned, overseas projects were delayed and it made accounting changes at home in China.
BEIJING-- Police in a heavily Tibetan region of far west China are offering tipsters a reward of $7,700 for information about planned self-immolations in a bid to stem a tide of fiery protests against Chinese rule.
Japan's Coast Guard said the four Chinese surveillance ships were spotted within a 22- kilometer zone that Tokyo considers its territorial waters near one of the disputed islands in the East China Sea early Thursday morning. Japan's Foreign Ministry lodged a strong protest with China's ambassador in Tokyo.
*Macau gaming sector strong after positive Wynn, Galaxy Q3 earnings. HONG KONG, Oct 25- Hong Kong shares eked out a tenth straight gain on Thursday, but a rally that has taken the Hang Seng Index to 2012 highs showed signs of fatigue as investors took profits on outperformers.
LONDON, Oct 25- Britain rebounded strongly from recession in the third quarter, posting its strongest quarterly GDP growth in five years, boosted at least in part by robust Olympics spending, official data showed on Thursday. But it was still much better than expected and may mean Britain's full 2012 economy will not be in the red.
*Yuan surges to new all time record high. *Closes at strong-side limit of daily trading band. SHANGHAI, Oct 25- China's yuan closed at a record high on Thursday after hitting the strong-side limit of the central bank's daily trading band as a result of heavy demand as firms unwound long dollar positions built up in the first half of the year.
BEIJING, Oct 25- Wal-Mart Stores Inc has given global suppliers five years to comply with its environmental rules or risk being pushed off U.S. shelves at the world's largest retailer, expanding a sustainability campaign launched in 2009..
CINCINNATI-- Procter& Gamble said Thursday that its fiscal first quarter net income fell 7 percent, as costs related to restructuring and the stronger dollar weighed on results. But the world's largest consumer products maker's adjusted results beat expectations on Wall Street, as it cut costs, made market share gains and commodity costs eased.