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  • S&P indicates it may upgrade Rosneft after BP deal Thursday, 25 Oct 2012 | 2:41 AM ET

    MOSCOW-- Ratings agency Standard and Poor's has indicated it may upgrade its rating on Rosneft following the Russian oil company's agreement to buy a joint venture between BP and a group of Russian billionaires. Rosneft on Monday agreed to buy TNK-BP, Russia's third-largest oil producer.

  • Reuters World News Highlights 2200 GMT Oct 24 Wednesday, 24 Oct 2012 | 10:00 PM ET

    BEIRUT/ CAIRO- Syria said on Wednesday its military command was still studying a proposal for a holiday ceasefire with rebels- contradicting international mediator Lakhdar Brahimi's announcement that Damascus had agreed to a truce.

  • UNITED NATIONS, Oct 24- Russia slammed leaks to the media from a closed-door Security Council briefing on Syria on Wednesday, saying diplomats and journalists involved should be stripped of U.N. accreditation fo r the release of confidential information.

  • Reuters World News Highlights 1800 GMT GMT, Oct 24 Wednesday, 24 Oct 2012 | 6:00 PM ET

    BEIRUT/ CAIRO- Syria said on Wednesday its military command was still studying a proposal for a holiday ceasefire with rebels- contradicting international mediator Lakhdar Brahimi's announcement that Damascus had agreed to a truce.

  • *First court verdict to thwart Gazprom's take-or-pay claim. *Gazprom paid $2.5 bln to European firms as part of pricing deal. PRAGUE/ MOSCOW, Oct 24- RWE Transgas, the Czech unit of Germany's RWE, has won a landmark dispute with Gazprom over gas contracts, after a court ruled for the first time that a company did not have to pay fines under a ``take-or-pay'' clause.

  • Oct 24- Thermo Fisher Scientific raised its full-year forecast for the second time this year as the world's largest laboratory equipment maker benefited from its presence in Asia, even as the weak U.S. and European economies dragged on its competitors.

  • UPDATE 2-China to approve only a few new reactors by 2015 Wednesday, 24 Oct 2012 | 1:41 PM ET

    *France's Areva, Japan's Toshiba could benefit. BEIJING, Oct 24- China will approve a small number of new nuclear reactors before 2015 to be built only in coastal regions, the government said on Wednesday, as it unveiled a raft of measures to spur private investments in energy.

  • Bankers set for $30-$50 mln from TNK-BP - Freeman Wednesday, 24 Oct 2012 | 11:27 AM ET

    LONDON, Oct 24- Bankers will likely pick up $30- $50 million for their work on Russian state-owned oil group Rosneft's $55 billion takeover of TNK-BP, according to Freeman Consulting. Data from Thomson Reuters and Freeman showed fees average about $35 million on $10 billion deals, smaller than the TNK-BP.

  • *France's Areva, Japan's Toshiba among reactor builders that could benefit. BEIJING, Oct 24- China will restrict the number of new nuclear reactor approvals to a ``small amount'' before 2015, and will only allow them to be built in coastal regions, the government said on Wednesday.

  • McNamara's effects sell for over $1M at NY auction Wednesday, 24 Oct 2012 | 10:17 AM ET

    NEW YORK-- A silver paperweight that President John F. Kennedy gave to Secretary of Defense Robert McNamara after the Cuban missile crisis sold for $95,500 at an auction Tuesday of McNamara's personal effects, Sotheby's said. McNamara, who died in 2009, served as the head of the Pentagon from 1961 to 1968, first for JFK and then for President Lyndon B. Johnson.

  • Moody's places on downgrade watch Rosneft, TNK-BP Wednesday, 24 Oct 2012 | 4:55 AM ET

    MOSCOW-- Ratings agency Moody's has placed Rosneft and TNK-BP on review for downgrade following Rosneft's agreement to by the joint venture between BP and a group of Russian oligarchs. State-owned Rosneft on Monday unveiled a deal to buy TNK-BP, Russia's third-largest oil producer.

  • Iran looks to Silk Road ties in time of sanctions Wednesday, 24 Oct 2012 | 2:36 AM ET

    DUBAI, United Arab Emirates-- In back-to-back Asian summits this month, Iran's president made sure to carve out special time to look east. At one gathering in Azerbaijan, Mahmoud Ahmadinejad reminded the president of Kazakhstan about the vision of a railway linking the heart of Central Asia with Iran's warm ports.

  • Bailout, layoffs: New pain ahead for EU carmakers Wednesday, 24 Oct 2012 | 12:32 AM ET

    PARIS-- The extent of the European car industry's troubles was laid bare Wednesday, when France's government tossed a financial lifeline to the continent's No. 2 automaker, Peugeot Citroen, and Ford said it would shut a plant in Belgium, cutting 9,500 jobs.

  • NEW YORK, Oct 23- Rosneft will eclipse the Western supermajors in crude output once the Russian state-controlled oil producer takes over rival TNK-BP, but despite its size, the company will hardly punch its weight in energy trading.

  • BUENOS AIRES, Oct 23- Flooding in Argentina's Pampas grains belt has allowed fungus-based diseases to attack wheat crops already hobbled by scant planting while more wet weather puts off soy and corn seeding until next week, analysts said on Tuesday.

  • *Gazprom's exports to Europe set to fall this year. BOVANENKOVO/NOVO-OGARYOVO, Russia, Oct 23- P resident Vladimir Putin ordered a rethink of Russia's natural gas export policy to take advantage of rising Asian demand, as giant producer Gazprom launched a huge Arctic field to supply Europe, where demand is falling.

  • The top world oil producers at a glance Tuesday, 23 Oct 2012 | 2:44 PM ET

    A four-year boom in U.S. oil production is accelerating so fast it could help soon make the U.S. the world's top producer of oil and liquid hydrocarbons. The U.S. passed Russia this year, and is now second behind Saudi Arabia. Source: U.S. Energy Information Administration.

  • Russian brochure depicts migrants as tools Tuesday, 23 Oct 2012 | 12:56 AM ET

    ST. PETERSBURG, Russia-- It was intended as a friendly guide to Russia for labor migrants from Central Asia, but instead it turned into an insult. The government of Tajikistan formally urged Russian authorities to remove the book from circulation, and representatives of the Uzbek community voiced their outrage.

  • Faber Report: Petronas, Progress to Meet on Deal   Monday, 22 Oct 2012 | 9:40 AM ET
    Faber Report: Petronas, Progress to Meet on Deal

    CNBC's David Faber reports Petronas is meeting with Canadian officials to better understand the country's acquisition requirements.

  • On the Call: GE CEO Jeff Immelt Friday, 19 Oct 2012 | 1:08 PM ET

    General Electric reported strong profit growth in the third quarter, but revenue was below expectations and investors were concerned about the company's tepid growth forecast for 2013..