United Nations (UN) officials spoke out to criticise European states for their response to the worsening migrant crisis across the region.» Read More
KIEV, Nov 6- Ukraine's parliament voted on Tuesday to give the central bank legal powers to force exporters to convert at least part of their foreign currency earnings into hryvnias, indicating Kiev aims to keep its currency pegged at current levels.
WASHINGTON- President Barack Obama and Republican challenger Mitt Romney battled down to the wire on Tuesday, mounting a last-minute Election Day drive to get their supporters to the polls in a handful of states that will decide the winner in a neck-and-neck race for the White House.
PARIS, Nov 6- France is to grant 20 billion euros in annual tax credits to companies as a way of lowering labour costs, in a tougher-than-expected response to calls from business leaders to reverse decades of industrial decline.
BRUSSELS, Nov 6- Agency Moody's cut its rating for the debt of ArcelorMittal to junk with a negative outlook on Tuesday, reflecting a collapse in world steel markets it said would get worse before they got better.
*Hungary was about to revisit law on judiciary anyway- PM. BRUSSELS/ BUDAPEST, Nov 6- Hungary on Tuesday pledged to rewrite a law that forced judges to retire at an earlier age after the European Union's highest court ruled that the bill violated the EU's rules and must be repealed.
*China spot copper demand still sluggish. LONDON, Nov 6- Copper rose slightly on Tuesday, recovering from a two-month low hit the previous session, as the lower price triggered new buying, but gains were capped by uncertainty ahead of the presidential election in the United States.
*Q3 revenue 18.8 bln euros vs 17.7 bln forecast. FRANKFURT, Nov 6- BMW, the world's largest premium carmaker, warned it was beginning to feel the pain of a sickly European market, overshadowing strong quarterly results and a forecast for record annual profit.
LONDON, Nov 6- Gold rose for a second day on Tuesday, largely tracking equities, as the market watched the U.S. presidential election in which a win for President Barack Obama could boost bullion by raising expectations for Federal Reserve stimulus.
Opinion polls showed incumbent Barack Obama and Republican challenger Mitt Romney in a dead heat, although the president has a slight advantage in several swing states. If Congress cannot agree new arrangements, about $600 billion in government spending cuts and higher taxes will kick in early next year, all of which could hurt U.S. economic growth.
*UK gave him political asylum. LONDON, Nov 6- Mukhtar Ablyazov, a fugitive oligarch accused of embezzling more than $5 billion, was labelled ``devious'' and ``cynical'' by judges on Tuesday as his former Kazakh bank BTA prepared to pounce on his assets.
*Vacancies also dropping in Europe, Asia- study. LONDON, Nov 6- London's financial sector will lay off 13,000 staff in 2013, cutting employment in a key UK economic sector to a 20- year low, as job vacancies also drop in Europe and even Asia, studies showed.
U.S. gasoline futures pushed higher as the effort to restart the New York Harbor energy network after Hurricane Sandy hit a bump on Monday when Phillips 66 said its Bayway refinery in Linden, New Jersey, will take two to three weeks to resume operations.
NEW YORK, Nov 6- U.S. stocks gained steam on Tuesday, with the Dow climbing 1 percent and the S&P 500 on track for a second straight advance, as voters chose the next president. Polls showed President Barack Obama and Republican challenger Mitt Romney neck-and-neck, with a handful of battleground states expected to decide the winner.
CHICAGO, Nov 6- U.S. wheat futures rose for the second day in a row o n T uesday amid concerns over the poor condition of the just-planted winter crop in the United States, and weather trouble in major exporters Australia and Argentina.
PARIS, Nov 6- Pernod Ricard plans to tap Africa's thirst for whisky, vodka and cognac at a time when China is slowing and bets the continent will become a key growth area for the French spirits group within 10 years.
Christos Bagios, formerly employed by Swiss financial giants UBS AG and Credit Suisse Group AG, changed his earlier plea from not guilty in the U.S. District Court for Southern Florida. A Greek citizen and Swiss resident, Bagios was sentenced by Judge Kenneth Marra to time already served, including 37 days in prison and nearly 19 months under house arrest in Miami.
NEW YORK, Nov 6- U.S.
NYSE said on Tuesday it was ahead of schedule in a $250 million cost-cutting plan launched earlier this year, although savings had yet to show through on the bottom line as revenue fell faster than costs.
SARAJEVO, Nov 6- The Western Balkans is facing a double-dip recession this year led by a 2.5 percent contraction in Serbia, and recovery in 2013 will be ``very slow'', the World Bank warned on Tuesday.
NEW YORK, Nov 6- U.S.