European cable group Altice has emerged victorious in its battle with Bouygues to buy France's second-biggest telecom operator SFR in a €17bn deal.» Read More
Oct 4- Rupert Murdoch conceded defeat this week in his battle with Google and the Internet, an adversary even more powerful than the British government. Coincidentally, News Corp, Murdoch's holding company, announced the departure of its chief digital officer, Jonathan Miller.
VIENNA, Oct 4- Europe is unlikely to benefit soon from a coming golden age of natural gas as unconventional sources will not transform supply of the fuel and oil-linked contracts will keep its prices high, the head of the International Energy Agency said.
Oct 04- Fitch Ratings has affirmed Orbis SA's National Long- term rating at' BBB+'.
Whatever the case, Hungary's decision to ban the ubiquitous slot machines seen in pubs, bars and parlors across the country goes against a gambling boom seen elsewhere in Eastern Europe, even as economic times get tougher.
ATHENS, Oct 4- Sentiment on Greece's economy weakened slightly in September as a marked drop in consumer confidence offset improved prospects in industry and services, the country's leading economic institute said on Thursday.
MOSCOW, Oct 4- Russian steelmaker Severstal. Severstal managed to cut the final yield from 5.90-6.00 percent set earlier, which was also down from an initial level of around 6.125 percent, IFR said.
SOFIA, Oct 4- Czech power firm Energo-Pro has boosted its stakes in two Bulgarian power distribution units to over 84 percent after Bulgaria auctioned most of its 33 percent holdings in them, the company said on Thursday.
New items are marked by asterisk-------------------------------------------------------------- INDUSTRIAL OUTPUT JULY/12 JUNE/12 JULY/11 m/m pct change +0.4 -0.4 +2.6. y/y pct change +0.4 +2.2 +7.4--------------------------------------------------------------. INDUSTRIAL SALES JULY/12 JUNE/12 JULY/11 m/m pct change +9.4 -4.2 +1.4 y/y pct change +9.2 +1.2 +15.0.
--We are assigning our' B' long- and short-term and' ruA-' Russia national scale ratings to Russia- based Baltic Financial Agency Bank. On Oct. 4, 2012, Standard& Poor's Ratings Services assigned its' B' long-term and' B' short-term counterparty credit ratings to Russia- based Baltic Financial Agency Bank.
*Gazprom's German partner remains keen on Siberian gas. FRANKFURT, Oct 4- The oil and gas arm of BASF. Wintershall a year ago agreed with gas producer Gazprom a swap of stakes in its gas fields in the North Sea in return for more stakes in the Achimov layers of the Urengoy deposit in Siberia.
MOSCOW, Oct 4- Russia's consumer price index rose by 0.6 percent month-on-month in September after rising 0.1 percent in August, the Federal Statistics Service said on Thursday. Annual inflation accelerated to 6.6 percent in September from 5.9 percent in August.
MOSCOW, Oct 4- Saratov oil refinery, owned by Anglo-Russian company TNK-BP, caught fire on Thursday, a TNK-BP spokesman told Reuters. "The refinery caught fire," Dmitry Sergeev said without elaborating. Saratov refinery, located by 850 km south-east of Moscow, produces around 130,000 barrels per day of refined products.
(Corrected after Russian newswires corrected reports to say TNK-BP refinery hit by fire, corrects oil plant's title to make clear it is a refinery not chemical plant). MOSCOW, Oct 4- Saratov oil refinery, a plant controlled by Russia's TNK-BP, has been hit by fire on Thursday, Russian news agencies report citing the Emergencies Ministry.
BUCHAREST, Oct 4- Romania sold 205 million lei in 2- year treasury bonds on Thursday, with the average accepted yield at 6.2 percent against 6.1 percent at a Sept. 13 tender, central bank data showed. Debt managers planned to sell 400 million lei.
*Evraz buys out management stake in Raspadskaya. MOSCOW/ LONDON, Oct 4- Russia's Evraz has agreed to take control of coal miner Raspadskaya in an $800 million deal that will make the steelmaker self-sufficient in coking coal and turn it into Russia's largest producer of the steel ingredient.
WARSAW, Oct 4- With its growth sliding, employment flat, and inflation slowing, sometimes it seems that the only thing not on a downward path in former EU growth leader Poland is interest rates.
MOSCOW, Oct 4- Saratovorgsintez, a chemical plant controlled by Russia's third-largest crude producer LUKOIL, has been hit by fire on Thursday, Russian news agencies report citing Emergencies Ministry. Interfax news agency said one worker was injured in fire in the plant, located in Saratov, some 850 kilometres south-east of Moscow.
MOSCOW, Oct 4- Two Russian borrowers, state-controlled VTB and privately-owned Severstal, issued price guidance for their benchmark Eurobond issues, IFR said on Thursday. Steelmaker Severstal has revised guidance for its 10- year issue to 5.90-6.00 percent from an initial level of around 6.125 percent, IFR said.
*Hungary increases bond sale, yields rise as demand weakens. Hungary, whose bonds have been rallying in recent months, increased its bond sale to 47.5 billion forints from 45 billion, but average yields rose by 4-11 basis points from the previous auction two weeks ago.
Wednesday's clashes between police and supporters of the opposition Ata Zhurt party were the most violent in the capital Bishkek since the April 2010 revolt that ousted then-president Kurmanbek Bakiyev. "Parliament, the president, the government should resign, because they are not resolving the Kumtor issue," one demonstrator shouted through a megaphone.