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  • UPDATE 1-Putin backs BP's sale plan for TNK-BP - FT Wednesday, 10 Oct 2012 | 5:56 AM ET

    LONDON/ MOSCOW, Oct 10- Russian president Vladimir Putin backs BP's plan to sell its 50 percent stake in TNK-BP to state oil group Rosneft, the Financial Times reported on Wednesday, citing an interview with Rosneft Chief Executive Igor Sechin.

  • Russia's MDMG London IPO order books covered-sources Wednesday, 10 Oct 2012 | 5:15 AM ET

    MOSCOW/ LONDON, Oct 10- Order books are covered on the $300 million London listing of Russia's MD Medical Group, according to three sources close to the deal.

  • Russia sees strong demand for 10yr OFZ bonds Wednesday, 10 Oct 2012 | 5:11 AM ET

    MOSCOW, Oct 10- The Russian Finance Ministry sold 34.2 billion roubles of 10- year OFZ treasury bonds. Russia's Finance Ministry plans to auction 335 billion roubles in OFZ treasury bonds during the fourth quarter of 2012..

  • NEW DELHI, Oct 10- Russia delayed delivery of a trouble-plagued aircraft carrier for at least a year on Friday, a blow to India's efforts to quickly build up naval strength as increasingly assertive Asian rival China expands its maritime reach.

  • MOSCOW, Oct 10- Gazprom Neft, the oil arm of Russia's top natural gas producer Gazprom, is still interested in Kurdistan's oil, a Gazprom Neft source said, rebutting reports it had frozen projects in the Iraqi province.

  • NORWAY GAS-Flows to Britain drop sharply Wednesday, 10 Oct 2012 | 4:00 AM ET

    OSLO, Oct 10- Norwegian gas exports to Europe fell on Wednesday morning as output from the Nyhamna gas plant has been reduced due to technical problems, resulting in a sharp drop in supplies to Britain, data from gas system operator Gassco showed.

  • Russian shares edge lower, rouble steady Wednesday, 10 Oct 2012 | 3:53 AM ET

    *Russian stocks fall as risk appetite wanes. MOSCOW, Oct 10- Russian shares fell in early trading on Wednesday, following emerging market peers and bruised by rising risk aversion globally, while the rouble was steady, supported by higher oil prices. At 0857 GMT the rouble-denominated MICEX index.

  • ISTANBUL, Oct 10- Gas flow on a pipeline carrying Iranian natural gas to Turkey will resume within a week, following a blast in eastern Turkey on Monday, Turkish Energy Minister Taner Yildiz said on Wednesday. Yildiz also said that Turkey had avoided supply problems after daily supplies from Russia were increased.

  • Russian retailer Magnit's Sept sales up 36 pct Wednesday, 10 Oct 2012 | 2:17 AM ET

    MOSCOW, Oct 10- Fast-growing Russian retailer Magnit said on Wednesday that its September sales grew by 36 percent, year-on-year, to 36.1 billion roubles, after rising by 34 percent in August. The company opened 145 new outlets last month, bringing its total number of stores to 6,119, it said in a statement.

  • Russian markets - Factors to Watch on Oct 10 Wednesday, 10 Oct 2012 | 1:48 AM ET

    MOSCOW- Russian President Vladimir Putin will meet Iraqi prime minister Nuri al-Maliki. MOSCOW- Putin to meet with officials to discuss the situation on the national and international grain market. MOSCOW- Court hearing in appeal by members of punk group Pussy Riot.

  • PRESS DIGEST - Bulgaria - Oct 10 Wednesday, 10 Oct 2012 | 1:17 AM ET

    SOFIA, Oct 10- These are some of the main stories in Bulgarian newspapers on Wednesday. -People who disapproved of the centre-right government of Boiko Borisov in September were more than its supporters for the first time since the cabinet took office in July 2009, a national poll by Alpha Research showed.

  • ULAN BATOR, Oct 10- Brow furrowed, eyes glaring and one foot striding forward, the bronze statue of Bolshevik revolutionary Vladimir Lenin at the heart of the Mongolian capital of Ulan Bator was once a potent symbol of the reach of the Soviet Union.

  • ULAN BATOR, Oct 10- Brow furrowed, eyes glaring and one foot striding forward, the bronze statue of Bolshevik revolutionary Vladimir Lenin at the heart of the Mongolian capital of Ulan Bator was once a potent symbol of the reach of the Soviet Union.

  • UPDATE 2-Putin backs Russian push for Iraqi oil Wednesday, 10 Oct 2012 | 12:10 AM ET

    *Gazprom Neft still interested in Kurdistan- sources. NOVO-OGARYOVO, Russia, Oct 10- President Vladimir Putin lobbied Iraq's prime minister on Wednesday to support Russian energy investment, as the oil arm of gas export monopoly Gazprom pushes for a foothold in the semi-autonomous region of Kurdistan.

  • ULAN BATOR, Oct 10- Brow furrowed, eyes glaring and one foot striding forward, the bronze statue of Bolshevik revolutionary Vladimir Lenin at the heart of the Mongolian capital of Ulan Bator was once a potent symbol of the reach of the Soviet Union.

  • Indian FX/debt factors to watch - Oct 10 Tuesday, 9 Oct 2012 | 11:13 PM ET

    *Asian shares fell on Wednesday, led by losses in technology and materials stocks after brokerage downgrades for top chip maker Intel Corp. *Oil prices jumped on Tuesday, snapping two sessions of losses, as escalating turmoil on the border of Turkey and Syria heightened concerns of a supply disruption in a tense Middle East.

  • Putin backs BP's sale plan for TNK-BP - FT Tuesday, 9 Oct 2012 | 9:28 PM ET

    LONDON, Oct 10- Russian president Vladimir Putin backs BP's plan to sell its 50 percent stake in TNK-BP. Sechin said, without giving a full direct quote, that President Putin endorsed the idea at a meeting in Russia last month with BP's top executives.

  • PRESS DIGEST - British business - Oct 10 Tuesday, 9 Oct 2012 | 8:29 PM ET

    The merger between BAE Systems and EADS was teetering on Tuesday as the chief executive of the British group flew into Toulouse ahead of an expected plea for more time to thrash out a deal. The Telegraph CAMERON: IT'S SINK OR SWIM FOR UK. BAE MEGA-MERGER HANGS IN BALANCE The mega-merger between BAE Systems and EADS.

  • Top US ag negotiator: Farm exports likely down $1B Tuesday, 9 Oct 2012 | 7:55 PM ET

    STUTTGART, Ark.-- The nation's top agricultural negotiator said Tuesday that he expects farm exports to be down between $1 billion and $2 billion this year because of the drought. He added that he doesn't believe a one-year dip would lead to a lasting slowdown in sales to Asia, where China is a major buyer of U.S. dairy and meat, or elsewhere.

  • LONDON, Oct 9- Russia aims to bring on line 1.4-2 million barrels of oil equivalent per day with new tax reforms designed to reduce the levy on future projects and codify ad-hoc discounts currently in force, Energy Minister Alexander Novak said on Tuesday. Tax holidays extended under the packages are expected to cover 50 fields in East Siberia.