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  • LONDON, Oct 5- Shares in Tesco, Britain's biggest retailer, rose more than 10 percent after the company reported strong first half results and set higher profitability targets that showed confidence that it could maintain the momentum. Chief Executive Dave Lewis, who took charge two years ago when Britain's largest supermarket group was mired in crisis, said on...

  • *Index posts lowest close since Sept. 19. TORONTO, Oct 4- Canada's main stock index fell to its lowest close in more than two weeks on Tuesday as a plunge in gold prices weighed on shares of mining companies, and financial and energy stocks also lost ground. That view is changing, "said Subodh Kumar, chief investment strategist at Subodh Kumar& Associates.

  • FRANKFURT, Oct 4- Shares in Deutsche Bank rose on Tuesday after major clients and even rivals voiced support for the lender, fearing contagion after concern over its future last week sent the stock to a record low. Germany's largest bank has been engulfed by a crisis of confidence after the U.S. Department of Justice last month demanded up to $14 billion to settle...

  • Oct 4- Delta Air Lines Inc reported a smaller-than-expected drop in consolidated passenger unit revenue for September and maintained its operating margin forecast for the quarter despite suffering a system outage in August. Delta's shares were up 3.5 percent at $40.38 in early trading on Tuesday. The Atlanta- based company also said it still expected...

  • TORONTO, Oct 4- Canada's main stock index fell on Tuesday as gold miners' shares plunged on major shutdowns and the precious metal hit its lowest since Britain's shocking vote to leave the European Union in June. Barrick Gold Corp lost 5.8 percent to C $21.47, and Goldcorp Inc fell 6.1 percent to C $19.41. A string of other gold miners also featured among the heaviest...

  • Oct 4- Delta Air Lines Inc reported a smaller-than-expected drop in consolidated passenger unit revenue for September and maintained its operating margin forecast for the quarter despite suffering a system outage in August. Delta's shares were up 3.5 percent at $40.38 in early trading on Tuesday. The Atlanta- based company also said it still expected...

  • *Frankfurt- listed shares of Deutsche Bank were up 0.52 percent following support from major clients and rivals as the biggest German lender negotiates with the U.S. Justice Department over a $14 billion demand for mis-selling mortgage-backed securities. *London's FTSE was up nearly 2 percent, hovering around its record high, as investors cheered the idea of a...

  • *Frankfurt- listed shares of Deutsche Bank were up 0.52 percent following support from major clients and rivals as the biggest German lender negotiates with the U.S. Justice Department over a $14 billion demand for mis-selling mortgage-backed securities. *London's FTSE was up nearly 2 percent, hovering around its record high, as investors cheered the idea of a...

  • BUDAPEST, Oct 4- Budapest led a firming of Central European stock markets on Tuesday, with OTP Bank rising to a 12- day high after JP Morgan lifted its target price for the shares. Shares of OTP, the region's biggest independent lender, rose 2.2 percent to 7,424 forints by 0816 GMT, after JP Morgan boosted its target to 9,570 forints from 7,310 forints.

  • FRANKFURT, Oct 4- Shares in Deutsche Bank rose 2.5 percent on Monday, benefiting from the support of its major clients and even rivals, rebounding after concern over its future last week sent the stock to a record low. While Dimon's remarks lent some calm to the market they showed his concerns about a potential contagion in the banking industry, market analyst...

  • TAIPEI, Oct 4- Taiwan stocks rose on Tuesday, heading for their second straight session of gains, with banking and technology shares leading the way. However, Hon Hai Precision Industry Co fell 0.1 percent after unit FIH Mobile warned its consolidated net profit would more than halve this year as weaker sales dent business at the Hong Kong- listed company.

  • Political risks have scared companies off inking deals, Dealogic says — except for Chinese and Japanese firms that hunt U.S. and European targets.

  • *CEO will be in Washington this week. FRANKFURT, Oct 3- Deutsche Bank shares resumed falling on Monday after recovering from a record low at the end of last week, as hopes faded of a swift deal with U.S. authorities over a multi-billion dollar penalty. The German lender is throwing its energies into reaching a settlement before next month's U.S. presidential...

  • TORONTO, Oct 3- Canada's main stock index fell on Monday in a broad retreat led by its heavyweight financial and natural resource sectors. Investors were also more cautious as Britain set a March deadline to start its withdrawal from the European Union and worries over Deutsche Bank continued to swirl. Shares in fashion retailer Aritzia Inc were trading at C $18...

  • British online clothing retailer Asos has come under fire after an investigative article revealed workers at its warehouse were "treated like machines."

  • Bill Gross

    "Bond king" Bill Gross has given his backing to the proposed merger between his employers, Janus Capital, and U.K.-based Henderson Global Investors.

  • Fund management firms Janus Capital and Henderson Global Investors have agreed an all-share merger.

  • TOKYO, Oct 3- Japanese stocks rose on Monday as global risk asset markets took heart from easing concerns over the health of Deutsche Bank, triggering a relief bounce in financial sector shares. The Nikkei rose 0.9 percent to 16,598.67 points after losing 1.5 percent on Friday. One of the biggest decliners was Kawasaki Heavy Industries Ltd, which fell 11 percent...

  • Sept 30- Wall Street extended gains on Friday as a bounce in Deutsche Bank's shares helped lift financial stocks amid broad gains across sectors. Deutsche Bank's U.S-listed stock surged 12.3 percent after French news agency AFP reported that the bank was nearing a settlement with the U.S. Department of Justice regarding mortgage bonds.

  • Price jumps in China's top tier cities have many worried about an asset bubble, but there’s still "some way to go" on prices, a strategist told CNBC.