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  • UPDATE 1-EADS, BAE in last-ditch struggle to save merger Wednesday, 10 Oct 2012 | 5:45 AM ET

    *Doubts over German backing for $45 bln aerospace merger* UK Takeover Panel deadline at 1600 GMT* BAE shares down 1.6 pct By Sophie Sassard and Jason Neely LONDON, Oct 10- EADS and BAE Systems.

  • *Appointment ends year-long pursuit by ASOS* Product director Robert Bready resigns from firm. LONDON, Oct 10- A year-long courting by British online fashion retailer ASOS of Kate Bostock, a former top executive at Marks& Spencer, has paid off after she agreed to join the company to help steer its rapid growth.

  • World stocks fall on US earnings worries, Spain Wednesday, 10 Oct 2012 | 5:11 AM ET

    Britain's FTSE 100 fell 0.3 percent to 5,792.95. Stock markets in Asia also posted losses, with the exception of mainland China, where shares rose a day after posting big gains on hopes that Chinese authorities were preparing sizeable steps to help reverse the decline in growth in the world's second-largest economy.

  • RPT-EU holds fire on ZTE, Huawei telecom trade case Wednesday, 10 Oct 2012 | 5:05 AM ET

    BRUSSELS, Oct 9- The European Commission has delayed a trade case against two Chinese telecom equipment makers also under scrutiny in the United States, easing tensions between the European Union and its second-biggest trading partner.

  • On Tuesday, the outbreak claimed four more lives and Florida became the latest state to report at least one death linked to the illness in a widening health scare.

  • NEW DELHI, Oct 10- Russia delayed delivery of a trouble-plagued aircraft carrier for at least a year on Friday, a blow to India's efforts to quickly build up naval strength as increasingly assertive Asian rival China expands its maritime reach.

  • India becoming more important on G20 stage - Bernanke Wednesday, 10 Oct 2012 | 4:48 AM ET

    MUMBAI, Oct 10- India is becoming a more important player on the G20 stage, U.S. Treasury Secretary Timothy Geithner, is on a two-day visit to India to participate in the third annual U.S.-India Economic and Financial Partnership Meeting. Fed chief is visiting India.

  • *NATO says plans in place to defend Turkey from Syria. LONDON, Oct 10- Brent crude oil rose above $114 a barrel on Wednesday as worries over the security of Middle East supplies outweighed increasing evidence of slowing global economic growth.

  • Frontier signs Oman oil exploration deal Wednesday, 10 Oct 2012 | 4:37 AM ET

    DUBAI, Oct 10- Frontier Resources International Plc has signed an exploration and production sharing agreement with the Omani government for a 100 percent interest in Oman's Block 38, Frontier said in a statement on Wednesday. The EPSA runs for six years on the Mudayy Block, covering an area of 17,425 square kilometres in the Dhofar region of southwest Oman.

  • TOKYO, Oct 10- Japan's Toyota Motor Corp announced a massive recall on Wednesday to fix malfunctioning power window switches, saying it will pull back 7.43 million vehicles worldwide in the biggest single recall since 1996, performed by Ford Motor Co. The recall primarily affects cars in the United States, China and Europe.

  • Iranian minister trying to woo Indian businesses Wednesday, 10 Oct 2012 | 4:01 AM ET

    NEW DELHI-- As Western sanctions squeeze Iran and its currency tumbles, the country's energy minister worked Wednesday to woo Indian businesses to invest in the beleaguered Iranian economy. The United States and the European Union have imposed sanctions on Iran to deter it from pursuing a nuclear weapons program.

  • TOKYO, Oct 10- Japan's Toyota Motor Corp announced a massive recall on Wednesday to fix malfunctioning power window switches, saying it will pull back 7.43 million vehicles worldwide in the biggest single recall since 1996, performed by Ford Motor Co. The recall primarily affects cars in the United States, China and Europe.

  • *SK Hynix slides after peer Intel's downgrade. SEOUL, Oct 10- South Korean shares retreated, led by a slump for Samsung Electronics following brokerage downgrades of Intel that sparked a sell-off of U.S. technology firms overnight.

  • Idaho dairy workers charged with animal cruelty Wednesday, 10 Oct 2012 | 3:49 AM ET

    The video was shot using a hidden camera by a member of Mercy for Animals who got a job at Bettencourt Dairies' Dry Creek Dairy in Hansen for a few weeks this summer.

  • Activists demand shutdown of ailing nuke plant Wednesday, 10 Oct 2012 | 3:42 AM ET

    Just days after Southern California Edison asked the Nuclear Regulatory Commission for permission to repair and start the Unit 2 reactor, then run it at reduced power, the agency is facing pressure from groups critical of the nuclear power industry to initiate a review that could take months or even years to complete.

  • *Euro STOXX 50 down 0.5 pct, FTSE, DAX, CAC down. *U.S. stocks fell 1 pct, Intel off 2.7 pct after downgrades. LONDON, Oct 10- European shares fell for the third day running on Wednesday and the euro came under fresh pressure along with Spanish and Italian bonds as economic anxiety was compounded by stuttering progress in the euro zone's battle against its debt crisis.

  • UPDATE 1-Moody's cuts Fiat on weak Italian sales Wednesday, 10 Oct 2012 | 3:27 AM ET

    MILAN, Oct 10- U.S. credit agency Moody's cut its rating on Italy's Fiat to Ba3 with outlook negative on Wednesday, citing the carmaker's reliance on its declining home market.

  • Swiss-based Dufry buying Folli duty-free ops Wednesday, 10 Oct 2012 | 3:20 AM ET

    has agreed to sell a controlling stake in its local duty-free operations to Dufry, a Switzerland- based global travel retailer. Dufry will have an option to buy the remaining 49 percent in four years' time at a fair market value, it added.

  • Pumpkin farmers have smashing crop despite drought Wednesday, 10 Oct 2012 | 3:13 AM ET

    ST. LOUIS-- Farmers in a stretch of Illinois where most of the nation's pumpkins are grown say their crop looks relatively smashing and is likely to be one of the few successes in a year when severe drought baked most of the nation's heartland. But John Ackerman said most of the pumpkins he planted fared "fantastic" for a simple, single reason: Pumpkins dig dry weather.

  • S.Africa rand and bonds firmer on strike optimism Wednesday, 10 Oct 2012 | 3:05 AM ET

    JOHANNESBURG, Oct 10- South Africa's rand firmed against the dollar on Wednesday buoyed by the possibility that some striking workers could return to work after weeks of labour unrest that has threatened to cripple Africa's biggest economy.