The U.S. State Department issued a "worldwide travel alert" late on Monday, in the latest security red flag for global tourism.» Read More
NEW YORK, Oct 3- Hedge fund manager Daniel Loeb built a major position in distressed Greek government bonds in September, according to a monthly report and quarterly letter he sent to his investors.
*Russia may be irritated with calls for new sanctions-envoys* Israel has threatened military action against Iran By Louis Charbonneau.
By Karen Jacobs Oct 3- Hotel operator Marriott International. A demand recovery in North America and rising room rates in the face of limited supply growth is helping Marriott offset softness in Europe. North America accounts for 75 percent of business at Marriott, whose brands include Ritz-Carlton, Residence Inn and Courtyard.
LONDON, Oct 4- The Bank of England will shy away from increasing its economic stimulus programme of government bond purchases on Thursday as the economy is showing some signs of growing again.
FRANKFURT/ NEW YORK, Oct 3- T-Mobile USA, which plans to merge with MetroPCS, will have to overcome technology hurdles to be able to take on bigger rivals Verizon Wireless, AT&T Inc and Sprint Nextel Corp.
SEOUL, Oct 4- Following is a list of events in South Korea as well as news stories and press reports that may influence financial markets. TOP STORIES> S.Korea c.bank switches tack to encourage growth> Google withdraws patent complaint against Apple.
*Moscow lab complained some chips were faulty. Federal prosecutors in Brooklyn, New York unsealed an indictment charging 11 alleged participants in the network, as well as companies based in Houston, Texas, and Moscow, with illegally exporting high-tech components from the United States to Russian security agencies.
STOCKHOLM, Oct 3- Hackers shut down the website of Sweden's central bank on Wednesday and targeted two other official sites after activist group Anonymous was reported to have threatened it would launch a cyber attack in support of Internet file sharers. Several websites in Sweden have come under attack this week and crashed.
NEW YORK, Oct 3- Investors in U.S.-based mutual funds pulled the most money out of stock funds since the start of the year and continued to pile into bond funds as concerns rose over whether Spain would seek a bailout, data from the Investment Company Institute showed in the latest week.
*China, Europe services PMI disappoint. NEW YORK, Oct 3- Oil prices fell sharply on Wednesday as disappointing economic data from China and Europe reinforced concerns about slowing growth and a weakening demand for petroleum, even as supportive U.S. data strengthened the dollar.
--We are affirming our' A-' long-term and' A-2' short-term corporate ratings on Tyco and wholly owned finance subsidiary Tyco International Finance S.A.. Rating Action On Oct. 3, 2012, Standard& Poor's Ratings Services affirmed its' A-' long-term and' A-2' short-term corporate ratings on Tyco and wholly owned finance subsidiary Tyco International Finance S.A..
NEW YORK, Oct 3- U.S. crude futures fell 4 percent on Wednesday as disappointing economic data from China and Europe reinforced concerns about slowing growth, even after data showed U.S. crude stocks fel l an d other supportive U.S. data strengthened the dollar.
WELLINGTON/ SYDNEY, Oct 4- The Australian dollar was hemmed in around a one-month low on Thursday as weak data at home and stronger U.S. jobs numbers weighed, dragging the New Zealand dollar to a three-week low in its wake. *The New Zealand dollar at $0.8190 from Wednesday's $0.8215 having been dragged lower in the downdraft of the falling Aussie.
NEW YORK, Oct 3- Cotton prices rose for a third day on Wednesday in range bound trade as early seasonal selling waned and speculative buying emerged driven by a recovery in grains prices. New York cotton for December delivery. Today it got some help from the grain markets, "said Andy Ryan, risk management consultant at INTL FCStone.
NEW YORK-- Oil prices fell the most in five months on Wednesday as China's slowing economy raised questions about the strength of global oil demand. On the New York Mercantile Exchange:. Benchmark crude fell $3.75, or 4.1 percent, to finish at $88.14 per barrel.
NEW YORK-- Marriott International Inc. said Wednesday that it turned a bigger-than-expected profit in the third quarter on higher prices and strong occupancy rates. The results topped Wall Street's and Marriott's own expectations. Marriott is the first major hotel company to report earnings for the peak summer travel season.
NEW YORK, Oct 3- U.S. crude futures fell 4 percent on Wednesday as disappointing economic data from China and Europe reinforced concerns about slowing growth, even after data showed U.S. crude stocks fell last week and other supportive U.S. data strengthened the dollar.
But the chief executives of Las Vegas- based MGM Resorts International and Las Vegas Sands Corp. differed during a keynote panel discussion with four other industry leaders at the Global Gaming Expo about whether states or the federal government are best able to provide oversight.
H-P'S FORECAST: Hewlett-Packard's stock plunged 13 percent after CEO Meg Whitman said the computer maker will continue to struggle with weak sales for the next two years. Profits will likely fall by more than 10 percent next year, she said. OIL: Concerns over an economic slowdown in Europe, China and the U.S. helped push the price of oil down $3.75 to $88.14 a barrel.
TORONTO, Oct 3- Canada's main stock index ended modestly lower on Wednesday, as signs of a worsening economic slowdown in China and Europe weighed on commodity prices and resource shares, offsetting better-than-expected U.S. data. Canadian Natural Resources was the most influential decliner, down 2.9 percent to C $30.28.