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  • *Euro zone heading toward recession, China still slowing. NEW YORK, Oct 1- U.S. stocks advanced on Monday after a surprise expansion in U.S. manufacturing last month eased concerns about the economy and offset a gloomier outlook in Asia and Europe.

  • European shares get U.S. data support Monday, 1 Oct 2012 | 11:36 AM ET

    LONDON, Oct 1- European shares rose on Monday, led by financials, buoyed by forecast-beating U.S. data and cautious market relief that Spain's recent bank stress test had met expectations. The FTSEurofirst 300 index provisionally closed up 1.5 percent at 1,104.97 points, while the euro zone Euro STOXX 50 index rose 1.9 percent to 2,501.00 points.

  • Czech Republic to add EUR750m to May 2022 issue Monday, 1 Oct 2012 | 11:32 AM ET

    LONDON, Oct 1- The Czech Republic, rated A1/AA-/A+, will increase a 3.875% May 2022 issue by a further EUR750m, lead managers Barclays, Ceska, SG CIB and UniCredit said on Monday. The new total issue size will be EUR2.75bn.

  • UK officer charged with offering tips to tabloid Monday, 1 Oct 2012 | 11:29 AM ET

    LONDON-- A high-ranking British detective has been charged with offering to brief the News of the World about the progress of a police investigation into phone hacking at the now-defunct tabloid _ one of the most serious allegations so far uncovered in the wide-ranging scandal.

  • Shell, Exxon eye Mozambique gas potential Monday, 1 Oct 2012 | 11:24 AM ET

    LONDON, Oct 1- Some of the world's biggest oil firms including Exxon Mobil and Shell are keen to play a part in developing Mozambique's huge gas fields, an executive from the country's national oil company said on Monday. "We are starting to see Shell in Mozambique, yes, not only Shell, all companies, even Exxon Mobil, Chevron.

  • *Sells 20 stores to Sports Direct. LONDON, Oct 1- Debt-laden British retailer JJB Sports Plc on Monday said it had agreed to sell 20 stores to rival Sports Direct for almost 24 million pounds, although 2,200 staff at its remaining shops would be made redundant.

  • LONDON, Oct 1- The downturn of the world's manufacturing sector eased slightly in Septmeber as output and new orders declined at a slower pace, a business survey showed on Monday.

  • *Platinum firm; unrest in South Africa continues By Amanda Cooper. Spot gold was up 0.9 percent on the day at $1,785.80 an ounce at 1445 GMT, having fallen earlier by as much as 0.4 percent to a low of $1,762.94, before a flurry of fund-related buying saw nearly 4.0 million ounces change hands on the futures market in a matter of moments, traders said.

  • The fund is managed by Jupiter Asset Management Ltd.. Jupiter India Select SICAV is a long-only Indian equities fund with USD140m of assets as of end-August 2012. The highly accountable lead portfolio manager, Avinash Vazirani, benefits from significant leeway in portfolio construction, in line with Jupiter's investment culture.

  • TABLE-Global manufacturing PMI rises to 48.9 in Sept Monday, 1 Oct 2012 | 11:05 AM ET

    Sept 4- Following are details of the JPMorgan Global Purchasing Managers' Index for September. PMI Output Orders Jobs Deliv Stocks Inp New Prcs export Aug 48.1 47.4 46.7 49.5 50.6 48.9 49.5 46.5 Sept 48.9 48.1 48.1 50.7 50.0 48.3 52.7 47.1.

  • By Lefteris Papadimas and Dina Kyriakidou. ATHENS, Oct 1- Greece will bring forward painful budget cuts to end a decade of primary deficits while grappling with a sixth year of recession, according to a 2013 budget draft aimed at satisfying international lenders.

  • TEXT-Fitch assigns Brass No 2 plc final ratings Monday, 1 Oct 2012 | 11:03 AM ET

    The ratings are based on Fitch's assessment of the underlying collateral, available credit enhancement, the origination and underwriting procedures used by Accord Mortgages Limited (a wholly owned subsidiary of Yorkshire Building Society), its servicing capabilities and the transaction's sound legal structure.

  • TEXT-Fitch affirms Crown's UK servicer ratings Monday, 1 Oct 2012 | 10:59 AM ET

    Oct 1- Fitch Ratings has affirmed Crown Mortgage Management Limited's UK servicer ratings as follows:.

  • LONDON, Oct 1- A senior counter-terrorism detective, who has been charged with breaching the Official Secrets Act for allegedly leaking information to Rubert Murdoch's now-defunct News of the World tabloid, appeared in court on Monday.

  • Shares in British pharmaceutical company AstraZeneca drop 1.5 percent, the biggest loser on the UK blue-chip FTSE 100, after the company suspends its share repurchase programme with immediate effect. AstraZeneca shares plummeted on the news, losing 3 percent in the first half an hour after the announcement to hit an intraday low before recovering.

  • Oct 1- Lazard Ltd has named Edward Yorke as head of its North American financial sponsors group, where he will help advise private equity firms on transactions, the firm said in a press release on Monday. Yorke joins Lazard from Credit Suisse Group AG, where he was a managing director and vice chairman of investment banking for the Americas.

  • He will be based in London. Willett joins from Royal Bank of Scotland, where most recently he was chairman of corporate finance for Europe, the Middle East and Africa. A top Morgan Stanley broker, Jonathan Madrigano, who last year managed about $2 billion in client assets left the company's brokerage division on Friday to join J.P. Morgan Securities.

  • ING shuts Eastern Europe equities ops, cuts 100 jobs Monday, 1 Oct 2012 | 10:51 AM ET

    MOSCOW, Oct 1 (Reuters- Dutch bank ING is closing its equity markets desk covering Central and Eastern Europe and Russia, with the loss of around 100 jobs, it said on Monday. The job losses were spread across offices in London, Moscow, Prague and Budapest.

  • World markets gain but Spain downgrade looms Monday, 1 Oct 2012 | 10:46 AM ET

    LONDON-- Global markets rose Monday as investors cautiously welcomed the result of stress tests of Spain's banks and upbeat U.S. economic data and looked past the threat that Moody's might downgrade the country's debt rating to junk status.

  • By Gernot Heller and James Regan. BERLIN/ PARIS, Oct 1- Airbus parent EADS and arms group BAE Systems must restructure a $45 billion merger, a top shareholder said, as a government source threatened that Britain would block talks to create the world's biggest defence company unless its demands were met.