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  • *Debut $400 million Eurobond in 2013 oversubscribed. LONDON, Oct 21- Rwanda still plans to launch another Eurobond to fund infrastructure projects in the fast-growing economy, though the size and timing of it is still being worked out, Finance Minister Claver Gatete said. Rwanda will also continue its quarterly issuance of local bonds in 2015 to deepen its...

  • *China growth slows, but economy grew slightly more than expected. LONDON, Oct 21- A two-day rebound in global shares slowed and the dollar edged lower on Tuesday, as slightly above forecast Chinese growth data failed to erase concerns that the world's second-biggest economy is losing momentum. The Australian dollar, often seen as a liquid proxy of Chinese growth...

  • UPDATE 3-Oil climbs to $86 as China oil demand rises Tuesday, 21 Oct 2014 | 4:11 AM ET

    *China implied oil demand up 6.2 pct to 10.3 mln bpd in September. *China Q4 GDP growth at 7.3 pct, weakest since 2008/ 09 crisis. "Oil is up in reaction to the Chinese demand figures," said Tamas Varga, analyst at London brokerage PVM Oil Associates.

  • LONDON, Oct 21- World No. 1 copper producer Codelco will announce the results of a projects review in the coming months, including whether there are any delays to its ambitious-- but vital-- multi billion-dollar growth plan, its chairman told Reuters. "Our commitment is if we have to give bad news, we are going to give it straight away to the people of Chile who own this...

  • Russian plane crash: snowplow driver was drunk Tuesday, 21 Oct 2014 | 3:08 AM ET

    MOSCOW— The head of French oil giant Total SA was killed at a Moscow airport when his corporate jet collided with a snowplow whose driver was drunk, Russian investigators said Tuesday. He was a vocal critic of sanctions against Russia, arguing that isolating Russia was bad for the global economy. He traveled regularly to Russia and recently dined in Paris with a...

  • UPDATE 1-Strong British pound hits ASOS annual profit Tuesday, 21 Oct 2014 | 2:32 AM ET

    LONDON, Oct 21- British online fashion retailer ASOS posted a 14 percent fall in annual profit, partly due to the strength of sterling hitting sales growth overseas. During the year ASOS also had to cope with the need for major investment in its warehousing, a fire at its Barnsley, northern England, warehouse in June and the launch of its new business in China.

  • ASOS annual profit falls 14% on strong pound Tuesday, 21 Oct 2014 | 2:20 AM ET

    British online fashion retailer ASOS posted a 14 percent fall in annual profit after the strength of sterling hit sales growth.

  • *Dow recovers from IBM earnings miss. NEW YORK, Oct 20- A measure of global equity markets rose on Monday after strong U.S. corporate results lifted Wall Street, despite a quarterly earnings miss from IBM, building on positive sentiment that grew out of a surge in Japanese shares. On Wall Street, IBM shares closed down 7.1 percent at $169.10.

  • Deals of the day- Mergers and acquisitions Monday, 20 Oct 2014 | 4:06 PM ET

    **Platform Specialty Products Corp said it would buy Arysta LifeScience Ltd for about $3.51 billion, Platform's third acquisition this year as the company looks to strengthen its agrichemicals business. **The top two lawmakers on the Senate's antitrust panel have urged regulators to scrutinize food distributor Sysco Corp's planned purchase of rival U.S....

  • *Euro rises vs dollar, yen despite weak German data. NEW YORK, Oct 20- Major currencies traded in tight ranges on Monday with investors facing a dearth of new data and modest price changes in global markets, save for Japan where stocks rallied on possible public pension fund spending, which helped boost the yen. Treasury market and dollar, "said Paresh Upadhyaya,...

  • *OPEC ministers to meet in Vienna on Nov. 27. CALGARY, Alberta, Oct 20- Brent crude fell on Monday, dropping below $86 a barrel as worries about booming supply and sluggish demand pushed the global oil benchmark back toward last week's four-year low. Oil prices are down more than 25 percent since June on concern about a saturated global oil market and a gloomy economic...

  • *OPEC ministers to meet in Vienna on Nov. 27. CALGARY, Alberta, Oct 20- Brent crude fell below $86 a barrel on Monday as nagging concerns about abundant supply and sluggish demand pushed the global oil benchmark back down toward a four-year low hit last week. Oil prices are down more than 25 percent since June on concern about a saturated global oil market and a gloomy...

  • *OPEC ministers to meet in Vienna on Nov. 27. CALGARY, Alberta, Oct 20- Brent crude resumed its decline on Monday, dropping below $86 a barrel as nagging concerns about abundant supply and sluggish demand pushed the global oil benchmark back down toward a four-year low hit last week. Oil prices are down more than 25 percent since June on concern about a saturated...

  • Report oil found in Paraguay; gov't cautious Monday, 20 Oct 2014 | 12:26 PM ET

    ASUNCION, Paraguay— A British energy company said on Monday that it made its first major oil discovery in Paraguay's Chaco Basin, though the government said it's too soon to tell if the find is commercially viable. Shares of London- based President Energy doubled after the oil explorer announced the discovery of light oil in the Lapacho well some 280 miles north...

  • LONDON, Oct 20- The Hong Kong stock exchange said it aimed to create a link to trade commodities with mainland China by adapting a share trading system with the Shanghai Stock Exchange that is on the cusp of going live. No firm date has been announced for the launch of the link between HKEx and the Shanghai exchange, but sources have told Reuters it is due to begin on...

  • LONDON, Oct 20- Portuguese government bond yields jumped on Monday as financial concerns over one of the country's largest listed companies and the approaching bankruptcy of the Espirito Santo family shook investor confidence in the fragile peripheral economy. The liquidation of the assets of Espirito Santo holding company Rioforte virtually ensures...

  • NEW YORK, Oct 20- Major currencies traded in tight ranges on Monday with investors facing a vacuum of data and modest price changes in global markets, save for Japan where stocks rallied on possible public pension fund spending, which helped boost the yen. Treasury market and dollar, "said Paresh Upadhyaya, portfolio manager, director of currency strategy at...

  • NEW YORK, Oct 20- Equity markets worldwide edged higher on Monday, lifted by gains in Japanese shares, while mixed performance in U.S. stocks after IBM's quarterly results disappointed helped keep safe-haven U.S. While European technology shares sagged and the IBM results weighed on the Dow, Japan's Nikkei average surged 4 percent, underpinned by news that...

  • LONDON, Oct 20- Sterling rose against the euro and the dollar on Monday, as traders bought it after last week's sharp losses, with its near-term direction set to be dictated by UK growth data. Third-quarter gross domestic product numbers on Friday could provide some support for the currency, which has been plagued by increasing doubts in the solidity of Britain's...

  • Oct 20- Platform Specialty Products Corp said it would buy Arysta LifeScience Ltd for about $3.51 billion, Platform's third acquisition this year as the company looks to strengthen its agrichemicals business. More than 65 percent of Arysta's sales are in high-growth regions such as Latin America, Africa, Central and Eastern Europe, China and South Asia.