What should investors do with equity markets at record highs? Here is a recap of trade tips from today.» Read More
LONDON, Oct 2- Qatar Airways will become the first Gulf carrier to join the oneworld alliance of airlines with an agreement due to be announced early next week, according to sources close to the alliance.
*Lundbeck, Takeda submit vortioxetine for FDA approval. *Lundbeck gets 250 mln DKK from Takeda if FDA. Lundbeck hopes the new antidepressant- vortioxetine- will provide a new source of revenue as its key anti-depressant, Cipralex, sold as Lexapro in the United States and Japan, comes off patent protection.
KIEV, Oct 2- The Ukrainian parliament on Tuesday scrapped a draft bill which would have made defamation a crime punishable by jail, a move the opposition and media had feared was a step towards censorship before a parliamentary election later this month.
*Qatar airways to join oneworld alliance, to be unveiled at press conference.
NEW YORK, Oct 2- The town of Serenity, South Carolina, the imaginary setting for author Sherryl Woods's "Sweet Magnolias" novels, now has real food in it. Dana Sue's Killer Guacamole, Helen's Lethal Margaritas and Sullivan's Crab Cakes are among the fictional staples made real by chef Teddi Wohlford, who takes a gourmet approach to Southern classics.
Oct 2- In a widely expected show of force Boeing Co's engineers and technical workers rejected a pay offer late Monday, setting the stage for talks to resume Tuesday for labor agreements covering 23,000 workers.
SYDNEY, Oct 2- Australian shares rallied 1 percent on Tuesday to their highest close in five months after the central bank cut its main cash rate in a bid to bolster growth in the face of weak commodity prices and global uncertainty.
*Fed's Bernanke says U.S. growth too slow* Coming up: API weekly oil stocks; 2030 GMT By Luke Pachymuthu and Manolo Serapio Jr. SINGAPORE, Oct 2- Brent crude futures steadied near $112 a barrel on Tuesday as investors weighed a weaker outlook for demand due to a sluggish global economy against potential supply disruptions.
SYDNEY, Oct 2- Australian shares rallied 1 percent to their highest close in five months after Australia's central bank cut its main cash rate in a bid to bolster growth in the face of weak commodity prices and global uncertainty.
Oct 2- The following are the top stories on the New York Times business pages on Tuesday. *New York's attorney general, under the aegis of a federal mortgage task force, filed a civil suit against Bear Stearns, now part of JPMorgan Chase& Co, asserting that it defrauded investors who purchased mortgage securities.
*New York's top prosecutor opened a new front in efforts to hold banks accountable for the financial crisis by filing a civil lawsuit against JPMorgan Chase& Co, alleging widespread fraud by the company's Bear Stearns unit in the sale of mortgage-backed securities. *The judge overseeing the patent dispute between Apple Inc.
*More assertive Kazakhstan sets eyes on ConocoPhillips stake. *Kashagan key to rapid rise in Kazakh oil output* Kazakh minister hopes field to produce first oil in March By Robin Paxton ASTANA, Oct 2- U.S. oil firm ConocoPhillips.
*MSCI Asia ex- Japan up 0.3 pct, Nikkei recovers from 3- week low. inched up 0.1 percent, suggesting a firm start on Wall Street, but financial spreadbetters expected London's FTSE 100.
Singapore shares rose after a surprising expansion in factory activity in the United States, with traders buying small and mid-cap stocks such as Tiger Airways Holdings Ltd and firms with exposure to Myanmar. The Straits Times Index was up 0.5 percent at 3,072.96 points, while the MSCI index of Asia-Pacific shares outside Japan added 0.3 percent.
SYDNEY, Oct 2- Australia's central bank cut interest rates by a quarter point to a three-year trough of 3.25 percent on Tuesday as a slowdown in China, falling export prices and a high currency all dimmed the economic outlook at home.
*Baird cuts Thor Industries Inc and Winnebago Industries Inc. Reuters Station users, click. 1568. Reuters Station users, click. 4899.
BANGKOK-- Oil prices dwelled near $92 a barrel Tuesday in Asia after a report showed U.S. manufacturing rose in September for the first time in four months. Benchmark oil for November delivery was down 17 cents to $92.31 a barrel at midday Bangkok time in electronic trading on the New York Mercantile Exchange.
*Windows, multiple versions of Android complicate decisions By Bill Rigby. SEATTLE, Oct 2- For Microsoft Corp, and Amazon.com, and the clutch of other companies that hope to carve out a big slice of a mobile computing business currently dominated by Apple Inc, the future depends on people like Scott Porad.
MIDLAND, Texas-- Diamondback Energy Inc. said Tuesday that it plans to sell 12.5 million shares in its business for between $17 and $19 per share in an initial public offering of the oil and gas company.
SYDNEY, Oct 2- Australia's central bank cut its main cash rate by a quarter point to 3.25 percent on Tuesday, saying the growth outlook for next year looked a little weaker, while inflation was likely to remained contained within its target. The Reserve Bank of Australia announced the decision after its monthly policy meeting.