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  • 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.

  • Total to start production at Norway's Atla field Monday, 1 Oct 2012 | 10:43 AM ET

    OSLO, Oct 1- France's Total expects to start production at the Atla gas and condensate field in the North Sea this week, a spokesman said on Monday. There are still some issues to be solved at the host platform, "said Total spokesman Leif Harald Halvorsen.

  • *Xstrata splits votes to secure merger approval. *Xstrata to retain majority of board seats after Davis departure. LONDON, Oct 1- Mining group Xstrata gave its long-awaited blessing on Monday to a revised $33 billion bid from trader Glencore, bowing to investor pressure by changing the deal to ensure it isn't sunk by a payment plan to retain top managers.

  • Eurex mulls expansion into currency futures-source Monday, 1 Oct 2012 | 10:40 AM ET

    FRANKFURT, Oct 1- Deutsche Boerse is exploring an expansion into trading currency futures contracts, a source close to the company said on Monday, mirroring a similar push by arch-rival CME Group Inc..

  • *Manufacturing in euro zone and Asia wilts in Sept. By Steven C. Johnson and Andy Bruce. NEW YORK/ LONDON, Oct 1- U.S. manufacturing grew slightly last month for the first time since May but euro zone factories suffered their worst quarter since early 2009, suggesting the region may struggle to avoid recession.