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  • UPDATE 1-Strong BCP cash call keeps state away Tuesday, 2 Oct 2012 | 7:32 AM ET

    LISBON, Oct 2- A 500 million euros cash call by Portugal's Millennium BCP, was fully subscribed by private investors, meaning the state will not become a shareholder, the bank's chief executive said.

  • *Commission cannot force member states to apply recommendations. BRUSSELS, Oct 2- Europe's nuclear reactor fleet needs investment of 10 billion to 25 billion euros, a draft Commission report said, following a safety review designed to ensure there is never a repeat of the Fukushima nuclear disaster.

  • BRUSSELS, Oct 2- Banks should separate deposit taking from trading and other high-risk investment banking work to shield taxpayers from further bailouts and protect savers, an EU advisory group said on Tuesday. The European Commission set up the group of experts, led by Bank of Finland Governor Erkki Liikanen, to examine bank structures.

  • BRUSSELS, Oct 2- The EU's antitrust chief questioned on Tuesday whether Hutchison 3 G could offer concessions sufficient to ease his concerns about its 1.3 billion euro bid for France Telecom's Orange Austria, raising the spectre of a veto.

  • Report wants Europe's banks to wall off risky ops Tuesday, 2 Oct 2012 | 6:21 AM ET

    BRUSSELS-- Europe's banks should create a firewall between their traditional retail banking operations and more risky investment banking ones and force executives to personally take losses when their banks fail, a new expert report suggested Tuesday. Ireland has already gone bankrupt rescuing its banking sector, and Spain could, too.

  • BRUSSELS, Oct 2- Banks should separate their deposit-taking arms from proprietary trading and other risky investment banking work to shield taxpayers from further bailouts and protect savers, an EU advisory group said on Tuesday.

  • NORWAY GAS-Exports rise on higher flows to France Tuesday, 2 Oct 2012 | 5:52 AM ET

    OSLO, Oct 2- Norwegian gas exports to Europe rose early on Tuesday because of higher flows to France, but that was partly offset by a fall in deliveries to Britain. Exports to Europe including Britain were up by 14.7 million cubic metres to 274.1 mcm per day at 0800 GMT, compared with the day before, data from Norway's gas system operator Gassco showed.

  • BRUSSELS, Oct 2- Euro zone factory prices jumped unexpectedly in August and by the biggest margin since January as rising oil prices increased inflation pressures across the bloc, limiting the European Central Bank's ability to cut interest rates again to support the shrinking economy.

  • Oil drives euro zone factory prices higher in August Tuesday, 2 Oct 2012 | 5:11 AM ET

    BRUSSELS, Oct 2- Euro zone factory prices jumped unexpectedly in August and by the biggest margin since January as rising oil prices increased inflation pressures across the bloc, limiting the European Central Bank's ability to cut interest rates again to support the shrinking economy.

  • BRUSSELS, Oct 2- The EU's antitrust chief reiterated on Tuesday his doubts whether Austrian telecoms operator Hutchison 3 G could provide a satisfactory proposal to sooth concerns over its 1.3 billion euro bid for France Telecom's Orange Austria.

  • Ablynx shares hit one-year high after Merck deal Tuesday, 2 Oct 2012 | 3:10 AM ET

    BRUSSELS, Oct 2- Shares in Ablynx hit a new one-year high after the Belgian drug developer announces it is entering into a potentially lucrative partnership with Merck& Co.

  • BRIEF-Euronav signs FSO deal in Qatar Tuesday, 2 Oct 2012 | 2:05 AM ET

    BRUSSELS, Oct 2- Euronav NV:.

  • EU advisers to urge structural reform for banks Monday, 1 Oct 2012 | 7:01 PM ET

    *European Commission to receive recommendations on Tuesday By John O'Donnell. Bank of Finland Governor Erkki Liikanen, who led the group of academics and experts set up by the European Commission, will announce their verdict on how best to reform bank structures in the wake of the crisis that began five years ago.

  • *ArcelorMittal says will look to move workers to new jobs. FLORANGE, France, Oct 1- ArcelorMittal told unions it will permanently close two mothballed furnaces in northeastern France, enraging workers who blocked access to the steel plant and management offices at the site on Monday.

  • UK regulator seeks to smooth EU gas trade Monday, 1 Oct 2012 | 1:39 PM ET

    *Says gas sometimes flows against market signals. LONDON, Oct 1- Britain's electricity and gas regulator Ofgem sought on Monday to identify and remove barriers to European gas trading via pipelines that connect it to the continent, as the UK tries to bolster gas imports on which it is becoming increasingly dependent.

  • BRUSSELS, Oct 1- The Belgian Federation of Car Industries released on Monday the following monthly data: New car registrations Sept 2012 Aug 2012 Sept 2011 Total for the month 33,660 31,256 41,427 Year-on-year change -18.75 -17.29 12.13 Year-to-date total 386,733 353,073 440,546 Cumulative change -12.22 -11.54 1.51.

  • ING shuts Eastern Europe equities ops, cuts 100 jobs Monday, 1 Oct 2012 | 10:51 AM ET

    MOSCOW, Oct 1 (Reuters- Dutch bank ING is closing its equity markets desk covering Central and Eastern Europe and Russia, with the loss of around 100 jobs, it said on Monday. The job losses were spread across offices in London, Moscow, Prague and Budapest.

  • *ArcelorMittal will look to move workers to new jobs. FLORANGE, France, Oct 1- ArcelorMittal told unions it will permanently close two mothballed furnaces in northeastern France, enraging workers who blocked access to the steel plant and management offices at the site on Monday.

  • *ArcelorMittal will look to move workers to new jobs. FLORANGE, France, Oct 1- ArcelorMittal told unions it will permanently close two mothballed furnaces in northeastern France, enraging workers who blocked access to the steel plant and management offices at the site on Monday.

  • EU mergers and takeovers (Oct 1) Monday, 1 Oct 2012 | 8:58 AM ET

    BRUSSELS, Oct 1- The following are mergers under review by the European Commission and a brief guide to the EU merger process:. --Private equity firms Carlyle and BC Partners to acquire U.S. industrial pumps maker Hamilton Sundstrand Industrial which is owned by United Technologies Corp.