CNBC's Seema Mody reports from London where the Alibaba roadshow is kicking off days before the company comes public in the U.S.» Read More
LONDON, Sept 18- Irish cement maker CRH is exploring a bid for all the assets rivals Lafarge and Holcim must sell to steer their mega-merger past competition watchdogs, two sources familiar with the matter told Reuters. Bain, Onex and another limited partner form the fourth consortium, the sources said.
*Yes vote would be barrier to Bank of England rate rise. LONDON, Sept 18- British financial markets were laying bets that Scots would vote "No" on independence on Thursday, pushing the pound to a two-year peak against the euro and Scotland- based stocks higher in the final hours of polling. Scotland would vote for independence, sending a shock wave.
NEW YORK, Sept 18- The dollar hit a more than six-year peak against the yen on Thursday on data showing U.S. jobless claims fell more than expected last week, while global equity markets rallied after the Federal Reserve again pledged to keep interest rates low.
*London offers more powers if Scotland stays. EDINBURGH, Sept 18- Scotland voted on Thursday on whether to stay within the United Kingdom or end the 307- year-old union with England and become an independent nation in a finely balanced referendum with far-reaching consequences.
*Yes vote would be barrier to Bank of England rate rise. Since a poll almost two weeks ago showed a surge in support for the "Yes" campaign, worries of a vote that would send a shockwave through Britain's political and financial system have weighed on UK markets.
*Sulzer gains on mergers& acquisitions news. LONDON, Sept 18- European equities advanced on Thursday, with a key index climbing to a two-week high after the U.S. Britain's FTSE was up 0.5 percent, Germany's DAX index gained 1.2 percent and France's CAC 40 rose 0.7 percent.
NEW YORK, Sept 18- The dollar rose to a more than six-year peak against the yen on Thursday, after data showed U.S. jobless claims fell more than expected last week, reinforcing the market's view that U.S. interest rates will rise sooner rather than later.
EDINBURGH, Sept 18- Scotland's independence vote is too close to call, but the owners of hotels, pubs and restaurants are already jubilant as thousands of journalists and tourists descended on the ancient streets of Edinburgh.
LONDON, Sept 18- Sterling rose on Thursday, hitting a two-year peak against the euro and a near two-week high against the dollar on growing expectations that Scotland will vote to stay within the United Kingdom. Thursday's vote on whether Scotland will opt for independence or not closes at 10 p.m. and the first trends are likely to come out a few hours after that.
FRANKFURT, Sept 18- The European Central Bank saw far less demand than expected on Thursday for its new four-year loans to banks, raising doubts about a stimulus package it hopes will stave off deflation and revive the euro zone economy.
*Britain implores Scotland to stay, offers more powers. EDINBURGH, Sept 18- Scotland voted in a referendum on Thursday to choose whether to end the 307- year-old union with England and become an independent nation or stay within the United Kingdom- a decision which could have consequences across the globe.
LONDON, Sept 18- The Swiss franc and Norwegian crowns both gained after central bank meetings on Thursday, their moves a reflection of the greater volatility and activity that has begun to return to currency markets after a slack year.
*Gold, oil prices pressured by rising dollar. LONDON, Sept 18- Lacklustre demand for the ECB's new ultra-cheap loans on Thursday boosted bets it will have to overcome reservations about sovereign bond buying, and left markets eyeing the widening policy divergence from the United States.
We're finding money in places we didn't even know existed, " Danny Roderick, chief executive of Toshiba- owned nuclear reactor maker Westinghouse, told Reuters at a nuclear industry conference last week in London.
DUBAI, Sept 18- Falling oil prices may prove the best medicine for economies in the Arab world, rebalancing growth towards countries struggling to recover from the Arab Spring uprisings without doing major damage to the oil exporters of the Gulf.
*Sulzer gains on mergers& acquisitions news. However UK shares slightly underperformed as the voting got underway in Scotland's referendum on independence, keeping investors on edge ahead of the result on Friday. Britain's FTSE was up 0.4 percent, Germany's DAX index gained 1 percent and France's CAC 40 rose 0.6 percent.
LONDON, Sept 18- The dollar vaulted to a six-year peak against the yen on Friday as the Federal Reserve's outlook for rising interest rates underlined the diverging path between the United States and the rest of the rich world.
*Scotland's independence vote next focus, sterling volatility jumps. LONDON, Sept 18- The dollar began European trading on Thursday almost 1.5 percent higher against the yen than 24 hours earlier, after the Federal Reserve sent another shock through the global financial system by raising its projections on future interest rates.
*UK stocks dip; all eyes on Scotland referendum. However UK stocks underperformed, losing ground as the voting got underway in Scotland's referendum on independence, keeping investors on edge ahead of the result, expected early on Friday.
*Britain implores Scotland to stay, offers more powers. EDINBURGH, Sept 18- Scots began voting in an independence referendum on Thursday that will decide the fate of the United Kingdom, after opinion polls showed hundreds of thousands of them were still agonizing over whether to stay with the 307- year union or back secession. "This is an historic day for Scotland.