European shares closed broadly higher on Tuesday, as investors focused on key data from the euro zone rather than the geopolitical risk posed by the protests in Hong Kong.» Read More
LONDON- Bank of England Monetary Policy Committee member David Miles speaks at London School of Economics and Political Science- 1730 GMT. VIENNA- ECB Executive Board member Sabine Lautenschlaeger speaks at the annual supervisory conference in Vienna on the topic: "National supervision within a European system- getting the balance right"- 0745 GMT.
TORONTO/ HAVANA, Sept 29- Cuba offered to free jailed Canadian executive Cy Tokmakjian in return for $55 million and company assets, his company said on Monday, but the deal fell through because the firm didn't have the money and the businessman wanted to clear his name.
*Allianz not planning closer Pimco oversight. FRANKFURT/ NEW YORK, Sept 29- Top executives of Pimco and its German parent, Allianz SE, scrambled on Monday to stem the outflow of money after the stunning exit of star bond manager Bill Gross last week, but even after months of internal strife Allianz said it plans to let Pimco continue to steer its own ship.
FRANKFURT/ NEW YORK- Officials from Pimco and its German parent Allianz scramble to contain the fallout from star bond manager Bill Gross' stunning exit last week, and money continues to leave the firm, giving a huge boost to rival bond houses like DoubleLine, which saw record inflows. Canada's Encana to buy Athlon Energy for $5.93 bln.
*Corn hits new 5- year low, soybeans at 4-1/ 2 year low. Corn had its first gains in three sessions after falling as low as $3.22 per bushel, the lowest since September 2009. Soybeans rebounded after dropping to $9.05-1/ 2, a 4-1/ 2 year low.
WASHINGTON— Standard& Poor's releases S&P/Case-Shiller index of home prices for July, 9 a.m.. WASHINGTON— The Conference Board releases the Consumer Confidence Index for September, 10 a.m.. BERLIN— Germany releases September unemployment figures.
TORONTO, Sept 29- Cuba had offered a deal to release a Canadian executive sentenced to 15 years in prison last week in return for C $55 million and company assets, the Canadian firm's officials said on Monday.
SALT LAKE CITY— Utah's reputation as a mecca for outdoor recreation helped to deliver more than $1 billion in tourist-generated tax revenue last year, according to the state tourism director. "It's like Utah is being discovered."
PARIS, Sept 29- Defendants at a French trial involving allegations of insider trading at Airbus Group this week will try to persuade judges it should not take place on the grounds it breaches their human rights, lawyers involved in the case said. That principle is enshrined in the European Convention on Human Rights.
LAS VEGAS— The gambling industry nationwide paid out a jackpot-worthy $38 billion in federal, state and local taxes in 2013, according to a report from the American Gaming Association. The Associated Press obtained a copy of the report's tax revenue figures before its release Tuesday.
*Allianz CEO Diekmann says "fully committed" to Pimco. FRANKFURT, Sept 29- Allianz said on Monday it remained fully committed to its Pimco unit after the shock exit of co-founder Bill Gross and had no plans to step up oversight of the world's biggest bond investor despite months of turmoil that has hit the German insurer's shares.
DETROIT, Sept 29- The United Auto Workers union and two top German labor groups have signed a letter of intent to jointly organize the Volkswagen AG assembly plant in Chattanooga, Tennessee, a top UAW official said on Monday.
BRUSSELS, Sept 29- The woman likely to become the EU's new trade chief sought to reassure lawmakers on Monday that U.S. companies will not be able to challenge Europe's safety and environmental rules if Brussels and Washington agree the world's biggest trade deal.
Uber said it would start its UberTaxi service-- which uses regular taxi drivers to pick up rides in their down time-- in Berlin and Hamburg before rolling it out in other cities.
BERLIN— Swiss-based food and drink company Nestle SA says it is selling its Alete and Milasan baby food brands in Germany to an investor consortium for an undisclosed sum. Nestle said Monday that it plans to sell the two brands to BWK GmbH, a German investment company, and private investor Horst Jostock.
BERLIN, Sept 29- Solid public finances are a key precondition for achieving economic growth, the head of Germany's influential central bank said on Monday, undercoring a divide between the euro zone's biggest country and the bloc's central bank.
By Barbara Lewis and Adrian Croft. BRUSSELS, Sept 29- European Union regulators will provide more details on Tuesday of their reasons for launching in-depth inquiries into tax arrangements reached by Ireland with Apple and by Luxembourg with a Fiat subsidiary.
BRUSSELS— Acknowledging strong public skepticism in Europe over free trade talks with the U.S., the European Union's incoming trade chief on Monday called for a "fresh start" and more transparency in the negotiations.
Sept 29- Seattle Genetics Inc and Takeda Pharmaceutical Co Ltd said their approved cancer drug was successfully used as a consolidation therapy in a late-stage trial for patients with a type of lymphatic cancer. Seattle Genetics said it expected to submit a marketing application to FDA for the drug's supplemental use in 2015..
PARIS— Beginning with Stella McCartney and ending with powerhouse Saint Laurent, Paris fashion shows packed a creative punch Monday— luring in myriad front row stars such as Salma Hayek, Lenny Kravitz, Catherine Deneuve and Neneh Cherry.