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  • LONDON, Oct 17- "In short, this is not a takeover; it is a marriage". That's how Charles Li, chief executive of Hong Kong Exchanges and Clearing, described the 1.38 billion sterling purchase of the London Metal Exchange back in 2012.. He was speaking at the LME's annual black-tie dinner at the Grosvenor House in London, conceding that it was the first time he himself, once...

  • NEW YORK, Oct 17- Top Goldman Sachs Group Inc executives are determined to keep compensation costs under control. Sources familiar with the matter inside Goldman Sachs described the restraint as a sign of the shifting mentality about bonuses at the bank: it wants to tightly control compensation, even if it has good quarters with big revenue gains.

  • Copper was the weakest metal, bouncing slightly after hitting six-month lows on concern about a surge of mine supply swamping the market. Copper is widely regarded as having some of the weakest fundamentals among base metals as a wave of fresh supply from new and expanded mines works its way onto markets. Highlighting worries about more supply was a 17.5...

  • LONDON, Oct 17- The yen edged down on Friday as comments from a Federal Reserve policymaker helped revive some appetite for risk, with investors focused on a speech later by Fed chief Janet Yellen. Comments from James Bullard, head of the St. Louis Federal Reserve Bank, had already helped settle markets late on Thursday. "Judging from the equity markets today, and the...

  • LONDON, Oct 17- Britain's economic recovery might stall if interest rates rise too soon, the Bank of England's chief economist said on Friday as he offered the strongest signal yet that the bank is prepared to delay increases in borrowing costs. Andrew Haldane said he was more downbeat about the outlook for the economy, given weaker global growth, greater...

  • LONDON, Oct 17- Jimmy Choo inched higher on its London stock market debut, watched closely by even the least fashion-conscious of bankers after a flurry of cancelled listings across Europe. "All eyes are on Jimmy Choo." Shares in the brand opened at 141 pence when conditional trading began on the London Stock Exchange on Friday, up 0.7 percent on the 140 pence offer...

  • *China Q3 GDP figures next week to be closely watched. LONDON, Oct 17- Copper hit fresh six-month lows on Friday on concern about a surge of mine supply swamping the market and lingering jitters over global growth. Copper is widely regarded as having some of the weakest fundamentals among base metals as a wave of fresh supply from new and expanded mines works its way...

  • BUSINESS-NEWS-SCHEDULE AT 0830 GMT / 4.30 AM ET Friday, 17 Oct 2014 | 5:02 AM ET

    LONDON- World stocks hit a nine-month low but oil and southern European bonds are off their week's lows, as investors begin to dust themselves off after one of the most volatile spells in world markets in years. LONDON- The Bank of England may need to keep interest rates lower for longer than previously thought to reduce the chance of Britain's economy slipping...

  • Bank of England chief economist: rates to stay low Friday, 17 Oct 2014 | 4:58 AM ET

    LONDON— The Bank of England's chief economist signaled Friday that interest rates could remain at record lows for longer than expected due to weaker wage growth and global economic uncertainties. Andrew Haldane told business leaders he had become "gloomier" because real wages are falling, productivity is stagnant and savings interest rates are at their...

  • LONDON, Oct 17- World stocks hit a nine-month low on Friday but oil and southern European bonds were off their week's worst levels, as investors began to dust themselves off after one of the most volatile spells in world markets in years. Bourses in London, Frankfurt and Paris started the day up 1 to 1.5 percent and Athens rose 4.5 percent as Greek governments bonds...

  • *BoE's Haldane says gloomier about economy than 3 months ago. *Haldane says markets see risk of long-term stagnation. LONDON, Oct 17- The Bank of England may need to keep interest rates lower for longer than previously thought to reduce the chance of Britain's economy slipping into long-term stagnation, its chief economist Andrew Haldane said on Friday.

  • NEW YORK, Oct 17- Top Goldman Sachs Group Inc executives are determined to keep compensation costs under control. Sources familiar with the matter inside Goldman Sachs described the restraint as a sign of the shifting mentality about bonuses at the bank: it wants to tightly control compensation, even if it has good quarters with big revenue gains.

  • US stocks end dramatic week with rally Friday, 17 Oct 2014 | 12:39 AM ET

    NEW YORK— The stock market had another turbulent session Friday, capping off one of the more eventful weeks on Wall Street in years. The Dow Jones industrial average soared more than 250 points following strong earnings from Morgan Stanley, General Electric and Textron as well as some encouraging U.S. economic reports. "We had indiscriminate selling all week, and...

  • SINGAPORE, Oct 17- Gold was poised for a second straight week of gains on Friday as persistent fears over the health of the global economy took a toll on global equities and the dollar, bringing in safe-haven bids for the metal. *Spot gold was little changed at $1,238.58 an ounce by 0031 GMT. *Gold got a boost along with other safe-haven assets such as bonds and the...

  • Oct 16- Delta Air Lines said Ebola fears have not hurt the carrier's bookings, forecasting strong current-quarter margins as it ramps up capacity in the Americas and trims growth on transatlantic and Pacific routes. Many of the capacity changes will begin this winter, after Delta has already reduced seats serving Moscow, Tel Aviv and Ebola-ravaged West Africa...

  • With seizures up, Indian gold smuggling loses its shine Thursday, 16 Oct 2014 | 5:00 PM ET

    MUMBAI, Oct 17- Gold smuggling into India, the world's second-biggest consumer of the precious metal, is becoming more risky for couriers following a surge in seizures and less profitable for the gangs behind the practice. "Gold smuggling was highly profitable.... but now with the drop in premiums and tight security, legal imports are increasing," said Milind...

  • In Qiqihar, a glimpse at China's slowdown Thursday, 16 Oct 2014 | 5:00 PM ET

    QIQIHAR, China, Oct 17- Qiqihar, an old industrial and agricultural hub in China's rust-belt northeastern province of Heilongjiang, offers a glimpse of what Beijing is anxious to avoid- the city's economy grew 5.2 percent in the first half of this year. That's just ahead of the province's 4.8 percent, the slowest in China- where growth nationally has slowed to 7.4...

  • US stands strong despite fear over global slowdown Thursday, 16 Oct 2014 | 4:09 PM ET

    WASHINGTON— Beyond the turmoil shaking financial markets, the U.S. economy remains sturdier than many seem to fear. The Dow Jones industrial average has lost 874 points since Oct. 8, largely over worries about another recession in Europe, a slowdown in China and world-spanning crises that include the Ebola outbreak and the rise of the Islamic State.

  • WASHINGTON, Oct 16- Two former derivative traders for Dutch lender Rabobank were charged on Thursday with manipulating Libor, the latest actions from a U.S. investigation into the setting of the benchmark interest rate that has resulted in charges against nine individuals and $2 billion in penalties against five banks. Anthony Allen, who was Rabobank's...

  • *Gold trades in narrow range after Wednesday rally. NEW YORK/ LONDON, Oct 16- Gold prices were steady on Thursday, supported by renewed worries about a global economic slowdown, but bullion's failure to rally at a time of extreme volatility in equity and energy markets suggested the metal could pull back in the near term. Gold was underpinned after James Bullard,...