Royal Bank of Scotland will release £800 million from provisions it had set aside to cover losses on bad loans.» Read More
NEW YORK, Sept 30- Commodities posted their biggest quarterly drop in three years on Tuesday as plummeting oil prices and lower markets from gold to copper to soybeans brought the third straight monthly decline to a sector pressured by a surging U.S. dollar. Gold futures hit a 2014 low, the sharpest monthly slide since June 2013.
NEW YORK, Sept 30- World oil prices tumbled to their lowest in more than two years on Tuesday, with U.S. crude posting its biggest daily decline since 2012, as a drop in gasoline prices and end-of-quarter selling capped three months of steep losses.
LIMA, Sept 30- Maple Energy Plc dropped 30.53 percent on Tuesday in Lima following its announcement that talks about possibly selling the company ended without a deal.
BUENOS AIRES, Sept 30- Argentina deposited a $161 million bond interest payment with a newly appointed local trustee on Tuesday, the Economy Ministry said, defying a U.S. judge who held it in contempt a day earlier for taking illegal steps to meet its debt obligations.
*NPLs unsustainable in Romania, Bulgaria, Croatia, Serbia. LONDON, Sept 30- The ECB's health check of European banks could force some lenders to rethink their strategy in central and eastern Europe and even withdraw from parts of the region, according to the European Bank for Reconstruction and Development's new regional banking expert.
NEW YORK, Sept 30- World oil prices tumbled to their lowest in more than two years on Tuesday, with U.S. crude posting its biggest daily decline since 2012 as expiring October gasoline futures tumbled 4.5 percent and the U.S. dollar rose.
The following list represents the most viral tracks on Spotify, based on the number of people who shared it divided by the number who listened to it, from Monday, Sept. 22 to Sunday, Sept. 28 via Facebook, Tumblr, Twitter and Spotify. 1. Lil Dicky, "Lemme Freak". 1. Knife Party, "Begin Again".
LONDON, Sept 30- Copper was on track for its biggest monthly loss since March on Tuesday, weighed down by a strong dollar, renewed signs of rising global supply and concerns about slack demand from China.
NEW YORK, Sept 30- Brent oil slipped below $97 a barrel on Tuesday, hit by dollar strength and ample supply, and U.S crude also fell as both benchmarks headed for the deepest quarterly drop in more than two years. Brent for November delivery was down 97 cents at $96.23 per barrel at 11:06 a.m. EDT.
PARIS, Sept 30- Lingerie provider Agent Provocateur is seeing brisk business in Russia, Hong Kong and China, contrary to many other luxury brands, and is rolling out a second line co-designed by actress Penelope Cruz and her sister Monica, its head said.
NEW YORK, Sept 30- The dollar surged on Tuesday after data showed inflation in the euro zone barely rose in September, with the U.S. currency on track for its biggest quarterly gain in six years, while world stock markets headed to their largest quarterly drop in more than two years.
LONDON, Sept 30- State-backed Royal Bank of Scotland expects to be able to put the fallout from past misconduct behind it over the next 18 months, Chief Executive Ross McEwan said on Tuesday.
*Paris auto show opens to press Thursday, Oct. 2. That is the fear of executives as they gather for the Paris auto show opening on Thursday, the biggest industry event in the regional calendar. Carmakers are rolling out new models in anticipation of closing the gap-- the Paris show floor will be bristling with fuel-efficient small cars and compact SUVs.
*Euro slips below $1.26 for 1st time in 2 years. LONDON, Sept 30- The dollar surged to a four-year high against a basket of currencies and a two-year high against the euro on Tuesday after euro zone inflation fell in September, putting the greenback on track for its best quarter in six years.
DUBAI, Sept 30- Gulf banks are feeling the pinch of rapidly shrinking corporate loan margins, with some predicting a bounce in lending rates as soon as the first half of 2015 as the escalating price war bites into profitability.
LONDON, Sept 30- ICAP, the world's biggest interdealer broker, reported a pick-up of trading in September and said a potential tie-up between rivals could bring further relief to an industry battered by retrenching investment banks and subdued markets.
LONDON, Sept 30- European shares rose on Tuesday, as another batch of weak euro zone inflation data raised the prospect of new stimulus measures from the European Central Bank to boost the region's flagging economy.
LONDON, Sept 30- Copper slipped on Tuesday, on track for its steepest monthly loss since March, weighed down by a strong dollar and renewed signs of rising global supply and slack demand from China, where a factory survey was revised down slightly.
LONDON— The U.K. economy grew faster in the second quarter than previously estimated, with official figures revising up the quarter-on-quarter growth rate by 0.1 percentage points to 0.9 percent.
LONDON— Inflation across the 18 euro countries dipped further toward zero in September, piling pressure on the European Central Bank to pull the trigger on its biggest stimulus weapon— a large-scale program to create new money.