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When German officials said they would save the euro zone at all costs, the prospect of bailing out Russian oligarchs was not what they had in mind, the New York Times reports.
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MILAN, Feb 1- Autogrill, the world's biggest airport retailer, may split its business in two, a move that could help revive its main food operation and lead to a merger for the retail division. The announcement of the possible split, which has been the subject of market speculation for the last two years, sent Autogrill shares to their highest since May 2011.
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NEW YORK-- LyondellBasell Industries NV, which refines oil and makes chemicals and plastics used in manufacturing and construction, returned to a profit in its fourth quarter free of charges to refinance and shut down a French refinery.
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*China's official PMI eases to 50.4, HSBC reading at two-year high. NEW YORK/ LONDON, Feb 1- U.S. manufacturing growth quickened in January and hiring across the economy increased in late 2012, but Chinese factories only managed a slight rebound as the new year began, suggesting that world economic growth remains sluggish.
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Feb 1- Beam Inc reported a smaller-than-expected decline in fourth-quarter earnings and gave an optimistic 2013 forecast as it benefits from strong demand for bourbon and growth in emerging markets.
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LONDON, Feb 1- Spot Brent prices are at their highest level since October and almost $16 above Saudi Arabia's theoretical target of around $100 per barrel. "Current high oil prices are a major challenge... for the global economic recovery," the International Energy Agency's chief economist Fatih Birol warned on Thursday.
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SACRAMENTO, Calif.-- U.S. residents now make up the largest wine market in the world, consuming 13 percent of all that's produced globally, according to an analyst who spoke Wednesday at a major wine industry gathering. Bulk wine imports from Argentina helped slake the thirsts of U.S. consumers, followed by Chile and Australia.
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*MSCI World up as PMIs point to global expansion. LONDON, Feb 1- The dollar fell and world stocks gained on Friday as fresh economic data signalled that the euro zone's downturn has eased and China's growth was on track, but moves were limited as investors await a U.S. jobs report. MSCI's world equity index added 0.5 percent to stay close to its best level since May 2011.
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LONDON/ BEIJING, Feb 1- China's vast factory sector managed only a shallow rebound at the start of 2013 and manufacturing in the euro zone remained weak, although there the worst may be over, a clutch of surveys suggested on Friday.
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*China's official PMI slightly undershoots forecast. LONDON, Feb 1- The euro hit a fresh 14- month high and European stocks gained on Friday after economic data raised hopes that the region's downturn has eased, but moves were limited as investors await a U.S. jobs report. London's FTSE 100, Paris's CAC-40 and Frankfurt's DAX were up between 0.5 and 0.8 percent.
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*Baghdad, Kurdistan have built up rival military posts. Talks at the Qara Hansher block between an Exxon executive and a top Kurdistan oil official could provoke Baghdad at a sensitive time for the Arab-led central government and the self-ruled Kurdish enclave in their feud over oil and land rights.
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*MSCI Asia ex- Japan steady. European markets are likely to inch higher, with financial spreadbetters predicting London's FTSE 100, Paris's CAC-40 and Frankfurt's DAX would open up as much as 0.2 percent.
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Louis Vuitton, the world's biggest luxury brand in terms of sales, is planning to dampen its expansion worldwide and focus on high-end products to preserve its exclusive image, said Bernard Arnault, chief executive of parent LVMH.
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TOULOUSE, France, Jan 31- Airbus has studied alternatives to lithium-ion batteries for its next jet, the A350, and has time to adapt to any rule changes prompted by the problems that have grounded Boeing Co's 787 Dreamliner, its top executive said.
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PARIS, Jan 31- Louis Vuitton, the world's biggest luxury brand in terms of sales, is planning to dampen its expansion worldwide and focus on high-end products to preserve its exclusive image, said Bernard Arnault, chief executive of parent LVMH.
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*Property crashes in Spain, Ireland intensified crisis. A bursting of the property bubbles in Ireland, Spain and, to a lesser extent, Portugal not only erased years of economic growth but left banks with trillions of euros of bad loans and has pushed up unemployment to record levels.
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Jan 31- Intel Corp, the world's biggest chipmaker, opened a new front on Thursday in a long and stuttering campaign to get its processors into mobile phones, although it appears to still have a long way to go.
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*Deutsche Bank loss, German retail sales weigh. European shares, which have surged 3.7 percent this month, took their biggest daily hit of the year on Wednesday, and a plunge in German retail sales and a huge quarterly loss from Deutsche Bank dashed hopes of a quick rebound.
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STOCKHOLM-- Wireless equipment maker Ericsson posted a 6.46 billion kronor loss in the fourth quarter due to a massive one-time charge, but said Thursday its sales rose 5 percent as mobile operators invested in broadband networks.
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NEW DELHI, Jan 31- India's finance minister is putting welfare, defence and road projects on the chopping block in a last-ditch attempt to hit a tough fiscal deficit target by March, risking short-term economic growth and angering cabinet colleagues.
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*Vivendi, KKR, Apax unavailable for comment. PARIS, Jan 31- Private equity firms KKR and Apax Partners are teaming up to bid for French media group Vivendi's Brazilian telecoms subsidiary GVT, according to a Bloomberg report citing unnamed sources with knowledge of the matter.