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  • UPDATE 2-Azeri attacks BP over low oil output Thursday, 11 Oct 2012 | 9:03 AM ET

    BAKU/ LONDON, Oct 11- Azerbaijan accused BP on Wednesday of making "false promises" on oil output and said the state had missed out on $8 billion of potential revenues from what is one of the company's biggest projects in the world.

  • Dalkia to build CHP plant in Warsaw for $63 mln-report Thursday, 11 Oct 2012 | 8:39 AM ET

    WARSAW, Oct 11- France's Dalkia, which controls Warsaw's heating company SPEC, plans to build a gas-fired combined heat and power plant in the Polish capital for around 200 million zlotys, Dalkia's representatives were quoted as saying on Thursday.

  • MOSCOW, Oct 11- Iraq is considering replacing ExxonMobil with Russian companies at the supergiant West Qurna-1 oilfield, after the U.S. major angered Baghdad by venturing into Kurdistan, according to a media report citing industry sources.

  • Dubai Limitless agrees restructuring of $1.2 bln loan Thursday, 11 Oct 2012 | 8:14 AM ET

    DUBAI, Oct 11- Limitless, the indebted property arm of Dubai World, has reached an agreement with creditors to restructure a $1.2 billion Islamic loan, the company said on Thursday. Limitless will also shortly commence a procees to transfer ownership of itself to the Dubai government from conglomerate Dubai World, it said in a statement.

  • Oct 11- Greater exchange rate flexibility is giving Russia a more effective buffer against volatile oil prices and other external shocks, Fitch Ratings says. Russia's experience provides an example to other sovereigns in the CIS of the benefits of exchange rate flexibility.

  • DAMASCUS, Oct 11- Syria said on Thursday a Damascus- bound plane forced to land in Ankara by Turkish fighter jets while en route from Moscow had been carrying legitimate cargo. The Foreign Ministry said the Turkish action violated international law and showed Ankara's "hostile policy" towards Syria.

  • UPDATE 5-Oil pushes over $115 on Syria tension Thursday, 11 Oct 2012 | 7:59 AM ET

    *Turkey, Syria fighting stokes concern over Mideast supply. LONDON, Oct 11- Brent crude oil headed for its highest close in a month on Thursday, lifted by escalating tension between Syria and Turkey, maintenance in the North Sea and a supply crunch in oil products.

  • TEXT-S&P rates Giva 'B' on core status to Pomosch Thursday, 11 Oct 2012 | 7:56 AM ET

    --According to our criteria we view Russia- based Giva Insurance Company LLC as "core" to insurance company Pomosch owing to their level of integration. --We are assigning our' B' financial strength and counterparty credit ratings and' ruA-' Russia national scale rating to Giva.

  • *World's No. 2 Coke drinks bottler to seek main London listing. ATHENS, Oct 11- Greece's biggest company, Coca Cola Hellenic, is leaving the country, the drinks bottler said on Thursday as its move to Switzerland with a London listing for its shares dealt a blow to the crippled Greek economy.

  • Oct 11-=============================================================================== Summary analysis-- Federal Grid Co. of the Unified Energy System- 11- Oct-2012=============================================================================== CREDIT RATING: BBB/Stable/-- Country: Russia Primary SIC: Electric Services Mult. CUSIP6: 313354=============================================================================== Credit Rating History: Local currency Foreign currency 04- Mar-2008 BBB/-- BBB/-- 02- Feb-2007 BB+/-- BB+/--============================================================================== Rationale.

  • UPDATE 4-Oil pushes over $115 on Syria tension Thursday, 11 Oct 2012 | 7:07 AM ET

    *Turkey, Syria fighting stokes worries about Mideast supply. LONDON, Oct 11- Brent crude oil headed for its highest close in a month on Thursday, lifted by escalating tension between Syria and Turkey, maintenance in the North Sea and a supply crunch in oil products.

  • TABLE-Russian gold/fx reserves fall to $528.0 bln Thursday, 11 Oct 2012 | 7:06 AM ET

    MOSCOW, Oct 11- Russia's gold and foreign exchange reserves edged down to $528.0 billion in the week to Oct. 5 from $528.2 billion a week earlier, central bank data showed on Thursday. The central bank provided the following figures: Latest week 528.0 Previous week 528.2 End-2011 498.6.

  • DAMASCUS, Oct 11- Syria said on Thursday a Damascus- bound plane forced to land in Ankara by Turkish fighter jets while en route from Moscow had been carrying legitimate cargo. "The plane was not carrying any illegal material," Ghaida Abdulatif, head of Syrian Arab Airlines, told reporters in Damascus. "

  • Court decision knocks shares in Romanian fund Thursday, 11 Oct 2012 | 6:38 AM ET

    BUCHAREST, Oct 11- A Bucharest court overruled a decision by shareholders in Romania's Fondul Proprietatea, raising doubts among investors over the running of the fund and sending its shares down 3.4 percent on Thursday.

  • said on Thursday in announcing it will move to Switzerland and list its shares in London, dealing a blow to the debt-crippled Greek economy. The material impact on Greece may be limited- its Greek plants will go on working and CCH said the five percent of its business that the world's second-ranked Coke bottler has in Greece will be unaffected.

  • Russia's MDMG narrows IPO price range-sources Thursday, 11 Oct 2012 | 6:16 AM ET

    MOSCOW, Oct 11- Russian private healthcare provider MD Medical Group narrowed the price range for its London share sale to between $11.50 and $12.50 per global depositary receipt from an earlier $11.25 to $13.50, two sources close to the deal said on Thursday.

  • *Hungary inflation rate hits highest since July 2008. *Spain, euro zone worries weigh on emerging Europe assets. PRAGUE, Oct 11- The crown led losses in emerging Europe on Thursday after the Czech central bank governor said policymakers stood ready to intervene to weaken the currency if needed.

  • Syria says plane from Russia carried legal cargo Thursday, 11 Oct 2012 | 6:05 AM ET

    DAMASCUS, Oct 11- Syria said on Thursday a Damascus- bound plane forced to land in Ankara by Turkish fighter jets while en route from Moscow had been carrying legitimate cargo. "The plane was not carrying any illegal material," Ghaida Abdulatif, head of Syrian Arab Airlines, told reporters in Damascus. "

  • PRESS DIGEST-Canada-Oct 11 Thursday, 11 Oct 2012 | 6:04 AM ET

    *A Canadian naval intelligence officer pleaded guilty to spying for Russia, a public admission of an embarrassing espionage scandal that has damaged Canada's reputation among allies and will likely reverberate for years.

  • LONDON, Oct 11- Turkish stocks hit 17- month highs on Thursday, shrugging off an escalating conflict with Syria as data showed an improving current account picture while the Czech crown lost 0.3 percent after comments by the central bank governor.