CNBC's Simon Hobbs reports on all the market moving events in Europe today, including euro zone inflation hitting a 5-year low.» Read More
DOHA/ LONDON, Oct 2- Qatar Airways will not take delivery of Boeing's 787 Dreamliner until an engine defect is modified, its chief executive said on Tuesday. Qatar has placed orders for 60 Dreamliners- 30 firm and an option for 30 more- and selected General Electric Co.' s new-generation GEnx engine for the aircraft.
*Funds raise $14 bn through interim closes. LONDON, Oct 2- Infrastructure funds continued to attract new money in the last three months, with institutional investors making fresh allocations in their quest for stable, inflation-linked returns, a new study has found.
LONDON, Oct 2- Britain's mobile operators will be urged to put aside hostilities in order to accelerate the roll-out of superfast broadband at a meeting with the regulator and the government later on Tuesday. O2, owned by Telefonica, and Vodafone, both protested against Ofcom giving EE what they said was an unfair head start in 4 G.
Oct 02- Fitch Ratings has affirmed Marston's Issuer plc's class A, AB and B notes and revised the Outlook to Negative from Stable. Total estate performance has been flat against previous year with trailing 12 months June 2012 EBITDA remaining at GBP127.7m, which is 1.8% lower than Fitch's base case.
LONDON, Oct 2- Banks are offering up to 500 million euros of debt to bidders in private equity firm CVC's sale of Danish store group Matas, as retail deals continue to dominate the European leveraged buyout market this year.
By Christopher Johnson and Alice Baghdjian. LONDON, Oct 2- Brent crude oil slipped to around $112 a barrel on Tuesday as investors weighed a weaker outlook for fuel demand and sluggish economic growth against the risk of possible supply disruptions.
Oct 02- Fitch Ratings has received new information on London& Regional Debt Securitisation 1. The borrower, London and Regional, with its advisors recently published the information on the transaction. The loan is due this month, and with the whole loan LTV now at c. 129%, Fitch is concerned about the prospects of repayment by bond maturity in October 2014.
Spot gold was up 0.2 percent on the day at $1,777.00 an ounce by 1137 GMT, having touched a peak of $1,791.20 on Monday, its highest since mid-November last year. "Overnight the mood has been quiet, but it feels just a matter of time before $1,800 breaks," Edel Tully, a strategist at UBS, said.
Oct 02- Fitch Ratings has assigned STORM 2012- V B.V.' s notes expected ratings, as follows:. This transaction is a true sale securitisation of Dutch residential mortgage loans, originated and sold by Obvion N.V..
*New York sues JPMorgan over Bear Stearns mortgage-backed securities. *Petsmart to replace Sunoco in the S&P 500. President Barack Obama earlier this year to go after wrongdoing that led to the financial crisis, the New York Attorney General filed a civil fraud lawsuit against JPMorgan Chase& Co.
LONDON, Oct 2- European shares and the euro swung higher on Tuesday as investors decided news on Spain's bailout plans was encouraging enough to warrant fresh buying and looked ahead to central bank meetings and data releases. The swings were caused by the uncertainty over an expected request for aid from Spain.
PARIS, Oct 2- European stocks rose around midday on Tuesday, reversing early losses and led by peripheral markets on growing expectation of a near-term bailout request from Spain. Spain's IBEX stock index was up 1.4 percent, with Telefonica up 1.9 percent and Endesa up 2.3 percent, while its benchmark 10- year government bond yield.
*FTSE 100 up 0.3 percent. By 1049 GMT, the FTSE 100. The FTSE has fallen from its recent highs of around 5,914, which it hit after global central banks acted to stimulate the economy, as investors await the next development out of Spain.
*Uncertainty remains and markets could be volatile, as despite Spain's readiness to ask for financial help Germany has signaled that it should hold off, according to European officials on Monday.
LONDON, Oct 2- Banks' ability to access the wholesale funding markets could be hampered if proposals submitted by an EU advisory group are adopted by the European Commission, dealing them a further blow at an already difficult time.
*Talanx CEO says no big takeovers planned in next 2 years. FRANKFURT, Oct 2- Shares in Talanx, Germany's third-biggest insurer, inched higher on their Frankfurt stock market debut on Tuesday, vindicating the company's decision to go ahead with the share sale after dithering last month over the state of Europe's fragile IPO market.
LONDON, Oct 2- Britain's financial regulator has proposed far-reaching reforms of its listing rules to close loopholes allowing reverse takeovers and reinforce corporate governance standards, in a bid to better protect investors.
LONDON, Oct 2- The British Bankers' Association released the following London Interbank Offered Rates for dollars, euro and sterling at its daily fixing. The spread of three-month Libor rates over three-month OIS rates, calculated from Reuters' data, expresses the three-month premium paid over anticipated central bank rates, or Overnight Index Swap rates.
BRUSSELS, Oct 2- Banks should separate deposit taking from trading and other high-risk investment banking work to shield taxpayers from further bailouts and protect savers, an EU advisory group said on Tuesday. The European Commission set up the group of experts, led by Bank of Finland Governor Erkki Liikanen, to examine bank structures.
--In our view, Luxembourg- based insurer The West of England Ship Owners Mutual Insurance Association has good financial flexibility and improved capitalization, offset by a historically marginal operating performance and its concentration on a volatile insurance class.