BlackRock has bought private-equity real estate fund MGPA in a deal that boosts its presence in Asia and continental Europe.» Read More
*Wall Street jumps; S&P, Dow up more than 1 pct. NEW YORK, Nov 6- Oil rose 3 percent on Tuesday, rallying a second straight session and receiving a lift from gains on Wall Street as investors awaited U.S. election results. President Barack Obama and Romney were neck-and-neck as Americans cast votes for president and Congress, polls showed on Tuesday.
Taxi drivers and hire companies are warning of a worsening shortage of London black cabs that will coincide with the run-up to Christmas, traditionally the busiest time of year for the trade. The FT reports.
NEW YORK, Nov 6- World stock markets rose on Tuesday as American voters went to the polls, with the U.S. presidential election keeping trade subdued while the euro held steady despite uncertainty over Greece's next financial aid payment.
CNBC's Kelly Evans reports from London, where many are awaiting the results of the U.S. Presidential race.
LONDON/ NEW YORK, Nov 6- Investor confidence in U.S. equity markets is at an all-time low due to worries over the global economy and greater market complexity, NYSE Euronext's chief executive said on Tuesday after the company reported a 42 percent drop in quarterly profit.
NEW YORK, Nov 6- The U.S. dollar fell against most major currencies on Tuesday as investors bet recent gains were too far, too fast given the outlook for the U.S. economy and problems in Europe, though trading was subdued ahead of the results of the U.S. presidential election.
NEW YORK, Nov 6- Oil surged more than 2 percent on Tuesday, rallying for a second straight day and receiving a lift from gains on Wall Street and a weaker dollar as investors awaited U.S. election results. President Barack Obama and Republican challenger Mitt Romney were neck-and-neck as Americans cast votes for president and Congress, polls showed on Tuesday.
WASHINGTON- President Barack Obama and Republican challenger Mitt Romney battled down to the wire on Tuesday, mounting a last-minute Election Day drive to get their supporters to the polls in a handful of states that will decide the winner in a neck-and-neck race for the White House.
BRUSSELS, Nov 6- Agency Moody's cut its rating for the debt of ArcelorMittal to junk with a negative outlook on Tuesday, reflecting a collapse in world steel markets it said would get worse before they got better.
*China spot copper demand still sluggish. LONDON, Nov 6- Copper rose slightly on Tuesday, recovering from a two-month low hit the previous session, as the lower price triggered new buying, but gains were capped by uncertainty ahead of the presidential election in the United States.
LONDON, Nov 6- Gold rose for a second day on Tuesday, largely tracking equities, as the market watched the U.S. presidential election in which a win for President Barack Obama could boost bullion by raising expectations for Federal Reserve stimulus.
*UK gave him political asylum. LONDON, Nov 6- Mukhtar Ablyazov, a fugitive oligarch accused of embezzling more than $5 billion, was labelled ``devious'' and ``cynical'' by judges on Tuesday as his former Kazakh bank BTA prepared to pounce on his assets.
*Vacancies also dropping in Europe, Asia- study. LONDON, Nov 6- London's financial sector will lay off 13,000 staff in 2013, cutting employment in a key UK economic sector to a 20- year low, as job vacancies also drop in Europe and even Asia, studies showed.
U.S. gasoline futures pushed higher as the effort to restart the New York Harbor energy network after Hurricane Sandy hit a bump on Monday when Phillips 66 said its Bayway refinery in Linden, New Jersey, will take two to three weeks to resume operations.
NYSE said on Tuesday it was ahead of schedule in a $250 million cost-cutting plan launched earlier this year, although savings had yet to show through on the bottom line as revenue fell faster than costs.
NEW YORK, Nov 6- World stock markets rose on Tuesday as American voters went to the polls, with the tightly fought U.S. presidential election keeping trade subdued, while the euro held steady despite uncertainty over Greece's next financial aid payment.
*Robusta hits lowest level since February, Vietnam crop weighs. LONDON, Nov 6- Robusta coffee futures on Liffe fell to a nine-month low on Tuesday with the market weighed by the prospect of a large harvest in Vietnam while ICE arabica coffee turned higher after setting a 4-1/ 2 month low.
LONDON, Nov 6- Dealers on Europe's energy market commonly trade coal, gas or power at a loss to push up profits on futures prices, industry sources say, a practice that regulators want to stop.
*Divergent views on Greece's euro zone future fuel trade. LONDON, Nov 6- The Greek bond market is springing back to life as hedge funds bet on whether parliament approves more budget cuts to unlock vital foreign aid, or rejects them and threatens a default.
*Euro steady after hitting two-month low before Greece votes. NEW YORK, Nov 6- World stock markets inched higher on Tuesday as investors awaited the results of a close U.S. presidential election, while the euro held steady despite uncertainty over Greece's next financial aid payment.