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George Osborne's attempt to slash £11.5bn off public spending in election year has run into cabinet trouble, after ministers identified only £2.5bn in cuts to their budgets.
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CLEVELAND/ CHICAGO- 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.
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Nov 6- Pearson Plc has decided to consider offers for the Financial Times newspaper this year and may seek at least $1 billion, Bloomberg reported, citing people with knowledge of the situation.
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*Soybeans bounce, find support at $15 a bushel. CHICAGO, Nov 6- U.S. wheat futures rose 1.3 percent on Tuesday, their second straight day of gains, d ue to concerns about the poor condition of the just-planted winter crop in the United States and weather trouble in major exporters Australia and Argentina.
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Nov 6- Pearson Plc has decided to consider offers for the Financial Times newspaper this year and may seek at least $1 billion, Bloomberg reported, citing people with knowledge of the situation. Pearson may initiate the sale preparations ahead of the departure of Chief Executive Marjorie Scardino, Bloomberg said.
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*SNC Lavalin sees India designating site for Candu reactors. NEW DELHI, Nov 6- Canadian firms will be able to export uranium and nuclear reactors to India for the first time in almost four decades under an agreement between the two nations, their prime ministers said, but more work is needed to implement the deal.
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*SNC Lavalin sees India designating site for Candu reactors. NEW DELHI, Nov 6- Canadian firms will be able to export uranium and nuclear reactors to India for the first time in almost four decades under an agreement between the two nations, their prime ministers said, but more work is needed to implement the deal.
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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.
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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.
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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.
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*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.
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*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.
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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.
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SEOUL, Nov 6- General Motors Co said it would not build its next-generation Chevrolet Cruze small car in South Korea, raising the possibility that it might shift the assembly to Europe to help boost efficiency at its money-losing unit there. Rocha said the new model would be built in five regions, including Europe, the United States and China, according to Choi.
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BRUSSELS, Nov 6- A Hungarian law forcing judges to retire earlier violates EU law and must be repealed, the highest EU court has ruled, condemning a flagship reform of Prime Minister Viktor Orban's that Brussels sees as a sign of creeping authoritarianism.
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When cracks recently appeared in beams of the European Parliament ’s main chamber, forcing its closing, one member, Nigel Farage of the U.K. Independence Party, proclaimed that he would “work for the day that the whole democratic facade of the European Parliament is shut as well,” the New York Times reports.
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New measures to ease costs for average Germans come at a time when Chancellor Angela Merkel has been pressing struggling European partners to slash public spending. The changes underscore just how uneven the economic outlook is across the continent. The New York Times reports.
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*Gazprom still faces challenge over ``take-or-pay'' clauses. MOSCOW/ WARSAW, Nov 6- Gazprom has reached a new agreement with Polish natural gas monopoly PGNiG on pricing of Russian gas deliveries to Poland, ending its last major pricing dispute in Europe.
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MEXICO CITY, Nov 5- The world's leading economies will give themselves more wiggle room to meet their own targets for cutting budget deficits rather than risk aggravating a slowdown in many countries, chief among them the United States. It now looks out of reach for many economies, including the United States, as growth has slowed.
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LONDON, Nov 5- International tourist arrivals grew 4 percent between January and August year-on-year and are heading for the 1 billion mark for the first time by December, the UN World Tourism Organization said on Monday.
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*Technology key to new industrial model Brazil seeking. Trade and Industry Minister Fernando Pimentel told Reuters that Brazil has paved the way for a sustainable burst of economic growth with record-low interest rates and a competitive exchange rate.