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  • At Paris show, carmakers look to better times Wednesday, 1 Oct 2014 | 7:06 AM ET

    While it's too soon to raise celebratory coupes of champagne, the heads of Volkswagen, Mercedes, Fiat and their French hosts from PSA Peugeot-Citroen and Renault may at least take some relief that the worst seems over, six years after the bottom dropped out of Europe's car market.

  • *Hong Kong unrest saps risk appetite. LONDON, Oct 1- Stocks worldwide began the fourth quarter on a negative note on Wednesday, as lacklustre economic data and civil unrest in Hong Kong kept investors cautious before a European Central Bank meeting later this week. Federal Reserve on the one hand and the European Central Bank and Bank of Japan on the other.

  • European shares edge lower after manufacturing data Wednesday, 1 Oct 2014 | 6:59 AM ET

    *Nexans, Sainsbury drop after warning on sales outlook. LONDON/ PARIS, Oct 1- European shares edged lower on Wednesday, following mixed data on manufacturing and sales warnings from J Sainsbury and Nexans that fuelled worries over European corporate results.

  • *France postpones deficit reduction by a further two years. PARIS, Oct 1- France laid down the gauntlet to EU partners on Wednesday with a 2015 budget setting out how it would bring its borrowing back to within EU limits two years later than promised, a retreat it blamed on a fragile economy.

  • *Hong Kong unrest saps risk appetite. LONDON, Oct 1- Stocks worldwide began the fourth quarter on a negative note on Wednesday, as lacklustre economic data and civil unrest in Hong Kong kept investors cautious before a European Central Bank meeting later this week. Federal Reserve on the one hand and the European Central Bank and Bank of Japan on the other.

  • *Region supplied 5 percent of French oil needs in 1920 s. Merkwiller-Pechelbronn, France, Oct 1- S ustainably high oil prices have lured small oil explorers back to Alsace, the cradle of the French oil exploration industry that gave birth to corporate giants such as Schlumberger.

  • Germany reports Eurofighter manufacturing fault Wednesday, 1 Oct 2014 | 5:51 AM ET

    BERLIN— The German military says a manufacturing fault has been discovered in the Eurofighter jet affecting the aircraft's fuselage, leading it to suspend deliveries. Germany's Bundeswehr said late Tuesday the error involves drill holes on the rear of the planes' fuselage and results from insufficient sanding-down by manufacturer BAE Systems.

  • Europe shares dip after mixed manufacturing data Wednesday, 1 Oct 2014 | 4:35 AM ET

    *Nexans, Sainsbury drop after warning on sales outlook. PARIS, Oct 1- European shares dipped on Wednesday following mixed manufacturing data and as sales warnings from J Sainsbury and Nexans fueled worries over the outlook for European corporate results.

  • *China's PMI steadies at 51.1, just above forecast. *Ample supply, higher OPEC output weighs on prices. Concern over growing oil supply despite conflict in the Middle East and a stronger dollar pushed global benchmark Brent to its lowest since June 2012 on Tuesday, and the same factors are likely to keep a lid on any price recovery.

  • France's Socialists detail hefty spending cuts Wednesday, 1 Oct 2014 | 4:17 AM ET

    PARIS— France's Socialist government has detailed a 21 billion-euro cost-cutting plan, the deepest-ever spending cuts in the country's modern history. A significant part of the savings is to be made on France's generous welfare system.

  • *Hong Kong unrest saps risk appetite. LONDON, Oct 1- Stocks worldwide began the fourth quarter on a negative note on Wednesday, with investors wary of lacklustre economic data and keeping a cautious eye on civil unrest in Hong Kong. Sales warnings from British retailer J Sainsbury and French cable maker Nexans added to the gloom.

  • Global stocks mixed after Wall Street decline Wednesday, 1 Oct 2014 | 3:55 AM ET

    BANGKOK— Asian stocks were mixed Wednesday after Wall Street slid and Hong Kong braced for bigger pro-democracy protests. KEEPING SCORE: Germany's Dax index gained 0.2 percent to 9,490.72 while Britain's FTSE fell 0.4 percent at 6,622.72 and the CAC-40 in Paris shed 0.1 percent to 4,410.39. Shanghai and Hong Kong were closed for China's National Day holiday.

  • Peugeot chief keeps door open to partnerships Wednesday, 1 Oct 2014 | 3:41 AM ET

    PARIS, Oct 1- French carmaker PSA Peugeot Citroen, placed ninth in the world by vehicle sales, is open to potential partnerships but must complete its restructuring first, its chief executive said on Wednesday.

  • "It's a tiny bit better than the market expected, but the China bears have been beating their chest very loudly in the past few weeks so we should see some relief rally," said Ben Le Brun, market analyst at OptionsXpress in Sydney. Brent oil for November delivery was up 30 cents at $94.97 a barrel by 0627 GMT, off a session high of $95.17.

  • Algeria's ailing president absent amid crises Wednesday, 1 Oct 2014 | 2:21 AM ET

    ALGIERS, Algeria— The silence of Algeria's ailing president since the kidnapping and beheading of a French hiker by Islamic State-inspired militants has ignited new concerns over his health and whether he's fit to rule the oil-rich North African nation— or indeed whether he's still doing so.

  • "It's a tiny bit better than the market expected, but the China bears have been beating their chest very loudly in the past few weeks so we should see some relief rally," said Ben Le Brun, market analyst at OptionsXpress in Sydney. The contract fell $2.53 to settle at $94.67 on Tuesday, after touching a session low of $94.24, its weakest since June 2012.

  • Brent edges above $95 on relief over China's PMI Tuesday, 30 Sep 2014 | 10:36 PM ET

    "It's a tiny bit better than the market expected, but the China bears have been beating their chest very loudly in the past few weeks so we should see some relief rally," said Ben Le Brun, market analyst at OptionsXpress in Sydney. The contract fell $2.53 to settle at $94.67 on Tuesday, after touching a session low of $94.24, its weakest since June 2012.

  • Idaho Land Board considers Tamarack ski area lease Tuesday, 30 Sep 2014 | 4:50 PM ET

    BOISE, Idaho— Battered and bruised Tamarack Resort could take a significant step this week toward a clearer financial picture and getting on track to being the kind of four-season destination playground early planners once envisioned.

  • NEW YORK, Sept 30- A federal judge said Novartis AG must face a U.S. government lawsuit accusing the Swiss drugmaker of paying multimillion-dollar kickbacks, including a $9,750 dinner for three at a Japanese restaurant, to induce doctors to prescribe its drugs.

  • Strike-scarred Air France-KLM may need strategy rethink Tuesday, 30 Sep 2014 | 11:59 AM ET

    PARIS, Sept 30- With no deal in sight over pilot pay and up to 300 million euros of strike costs to absorb, Air France-KLM may need to rethink its route to viability.