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  • 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.

  • Stocks jump following expansion in manufacturing Monday, 1 Oct 2012 | 10:35 AM ET

    The Dow Jones industrial average rose 118 points to 13,554 as of 1 p.m. Eastern. Stocks had already been up in morning trading, but the gains accelerated after the report was released by the Institute for Supply Management, a trade group of purchasing managers. All 10 industry groups in the S&P 500 rose.

  • *U.S. manufacturing sector expands in September* China's factory activity shrinks for 2nd month in Sept* Japan's business sentiment worsens* Euro zone manufacturing points to a new recession By Dmitry Zhdannikov.

  • *Euro zone slipping into recession, China still slowing. The weak U.S. data followed surveys in the euro zone that showed manufacturing slackened in the three months to September while Asia's factories are continuing to struggle in the face of tepid demand from the United States and Europe.

  • LONDON, Oct 1- Activist investor Knight Vinke Asset Management, a top 20 investor in Xstrata, has criticised the miner's non-executive directors for failing to demonstrate sufficient independence in its protracted merger talks with trader Glencore.

  • LONDON, Oct 1- London's Canary Wharf business district, home to global banks HSBC, Barclays and Citigroup, wants to attract entrepreneurs with a new centre for technology start-ups focused on financial services.

  • *UK manufacturing drops faster in Sept- PMI. LONDON, Oct 1- Lending to British consumers fell in August and manufacturing activity shrank in September, weighing on prospects of a sustainable economic recovery in the coming months.

  • MOVES-StanChart, BlackRock, Lazard, Barclays Monday, 1 Oct 2012 | 10:14 AM ET

    The bank named Tom Willett as head of mergers and acquisitions, Europe. 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.

  • Swiss referendum on tax deals unlikely to go ahead Monday, 1 Oct 2012 | 10:11 AM ET

    *Austria, Britain deals can come into force in January. ZURICH, Oct 1- Deals with Germany, Britain and Austria to tax secret Swiss bank accounts appear unlikely to go to a referendum in Switzerland after opponents of the plan failed to submit enough signatures.