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  • LONDON, Oct 29- Chilean copper miner Antofagasta posted a 5 percent fall in third-quarter output from the previous three months, mainly due to production stoppages at its Los Pelambres and Centinela operations. The London- listed miner, which like others in the copper sector is battling sluggish prices, falling ore grades and rising costs, managed to reduce its...

  • Willis Group reports 3Q loss Tuesday, 28 Oct 2014 | 6:06 PM ET

    LONDON _ Willis Group Holdings Ltd. on Tuesday reported a loss of $7 million in its third quarter. The average estimate of analysts surveyed by Zacks Investment Research was for earnings of 16 cents per share. Analysts expected $831.9 million, according to Zacks.

  • NEW YORK, Oct 28- The dollar fell on Tuesday, as U.S. durable goods and home price data disappointed investors and raised worries about the economy as Federal Reserve officials began a two-day policy meeting. The greenback, while weaker against most major currencies, fared better than the Swedish crown after Sweden's central bank surprised investors by...

  • LONDON, Oct 28- Britain's Serious Fraud Office has filed criminal charges against Noel Cryan, a former employee of UK brokerage Tullett Prebon, as part of a sprawling and drawn-out global investigation into the manipulation of benchmark interest rates. U.S and UK prosecutors have now charged 18 as part of the investigation into the manipulation of Libor,...

  • LONDON, Oct 28- Britain's Serious Fraud Office has filed criminal charges against a former employee of broker Tullett Prebon in connection with the manipulation of benchmark interest rates, bringing to 13 the number of people charged in Britain. It alleged he had conspired to defraud in the 10 months between Feb. 2009 and Dec. 2009. U.S and UK prosecutors have now...

  • Saudi budget carrier flynas suspends long-haul services Tuesday, 28 Oct 2014 | 12:44 PM ET

    RIYADH, Oct 28- Saudi Arabia's first and only budget airline, flynas, has suspended long-haul flights because profits on the routes did not meet expectations, chief executive Raja Azmi said on Tuesday. In April this year, flynas said its growth strategy would focus on developing long-haul flights to five or six new destinations including London, Manchester,...

  • LONDON, Oct 28- London Stock Exchange Group is aiming to list Chinese equity futures in London in the next stage of its plans to tap the world's second-largest economy, the bourse's chief executive told Reuters. Speaking at the Reuters China Summit on Tuesday, LSE Chief Executive Xavier Rolet said that a natural evolution of its strategy would be to develop...

  • *Brent oil steadies around $86 as weak dollar offsets data. NEW YORK, Oct 28- Global equity markets rose and bond prices eased on Tuesday on solid corporate earnings on both sides of the Atlantic and an upbeat U.S. consumer confidence report that more than made up for weak American housing and industrial data. With 245 companies in the S&P 500 having reported...

  • MOSCOW, Oct 28- The rouble weakened further on Tuesday, hitting record lows for the fifth straight day against both the dollar and the euro and increasing pressure on the central bank to take decisive action at a rate meeting later in the week. The rouble has fallen over 20 percent against the dollar this year on falling oil prices, risk aversion towards Russia...

  • *Coming up: API inventory report at 2030 GMT. LONDON, Oct 28- Brent crude oil steadied around $86 a barrel on Tuesday, as a rally in European equities and a fall in the dollar offset weak U.S. data. U.S. durable goods orders in September fell by 1.3 percent, the country's Commerce Department said, a day after a survey showed the U.S. services sector expanding at the slowest...

  • LONDON, Oct 28- When Hong Kong-listed miner MMG Ltd released its third-quarter results on Oct. 16, it confirmed that its giant Century zinc and lead mine in Australia would close in the third quarter of next year. The shuttering of Century, which began operations in 1999, has been long expected. Indeed, it has become totemic of the bull story in zinc, predicated as it is...

  • NEW YORK, Oct 28- The dollar fell on Tuesday on disappointing U.S. durable goods and home price data ahead of a Federal Reserve policy meeting. The greenback, while weaker against most major currencies, fared better than the Swedish crown after Sweden's central bank surprised investors by cutting interest rates to a record low of zero. "The data definitely missed...

  • OSLO, Oct 28- Big oil and gas finds in waters along Europe's northern edge may remain undeveloped now that oil prices have dropped, keeping potential supply of over a billion barrels of oil equivalent out of the market for the foreseeable future. Projects such as Statoil's $15.5 billion Johan Castberg in the Barents Sea and smaller finds by Shell, OMV and others...

  • LONDON, Oct 28- The Swedish crown hit a four-year low against the dollar and a four-month trough against the euro on Tuesday after Sweden's central bank surprised investors by cutting interest rates to a record low of zero percent. Riksbank chief Stefan Ingves said the central bank is ready to take unconventional measures that analysts said could include...

  • BP profits hit by drop in oil prices Tuesday, 28 Oct 2014 | 7:02 AM ET

    The company says its replacement cost profit, a key gauge of earnings for oil companies, fell to $2.39 billion in the three months to September from $3.18 billion in the same period a year earlier. The benchmark international contract for crude has fallen $28 in the past four months, to around $86 a barrel. It said Tuesday, however, that sanctions by the U.S. and...

  • LONDON, Oct 28- World stocks inched up and U.S. bond yields steadied after almost three weeks of gains on Tuesday with Federal Reserve policy setters expected to end six years of aggressive monetary stimulus. With the euro zone running into turbulence again and China's giant economy also struggling for pace, the prospect of a world without U.S. stimulus has...

  • *London shares tumble 9 pct to 5- year low. HONG KONG/ LONDON, Oct 28- Asia- focused bank Standard Chartered Plc warned investors that profits would fall in the second half of this year, after quarterly earnings were hit by a surge in bad loans and higher regulation and compliance costs. Standard Chartered said that as bad debts rise in key markets like India and China,...

  • Britain's Lloyds bank to cut 9,000 jobs Tuesday, 28 Oct 2014 | 5:32 AM ET

    LONDON— Britain's Lloyds Banking Group said Tuesday it will eliminate 9,000 jobs over the next three years and shut some 200 branches in a bid to improve efficiency. Its executives had pledged three years ago to keep its number of branches at a consistent level despite the cuts, but Chief Executive Antonio Horta-Osorio said Tuesday that strategy has now...

  • Asian stocks rise with Wall Street, eyes on Fed Tuesday, 28 Oct 2014 | 5:18 AM ET

    NEW YORK— Strong corporate earnings pushed up stocks across industries on Tuesday, with the energy sector and small companies leading the gains. Whirlpool, AutoNation and engine-maker Cummins all rose 7 percent after reporting their results. "Here we are just two weeks later, and we've just about gained it back," said Scott Wren, a stock strategist at Wells Fargo...

  • MUMBAI, Oct 28- Tokyo rubber futures, which set the tone for tyre-grade prices, are likely to trade in a tight 10- yen range this week due to steps taken by rubber-producing countries to support farmers, dealers and analysts said. The new benchmark Tokyo Commodity Exchange rubber contract for April delivery was trading at 198.2 yen per kg by 0911 GMT.