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  • European bank stress tests: Your guide Wednesday, 22 Oct 2014 | 3:53 AM ET

    Europe’s banks will find out whether they have passed their health checks this Sunday. Here’s a CNBC guide on Europe’s latest bank stress tests.

  • LONDON, Oct 22- Johnson& Johnson is accelerating work on its experimental Ebola vaccine and said on Wednesday that it aims to have 1 million doses ready in 2015, of which 250,000 are expected to be available by May. There is currently no proven vaccine against the deadly disease but several companies are racing to develop products and clinical tests on two- from...

  • Heineken reports lower third quarter earnings Wednesday, 22 Oct 2014 | 3:10 AM ET

    AMSTERDAM— Heineken NV says poor weather and weak economies in Europe dragged its third quarter earnings lower, though sales in developing markets grew strongly. The Dutch brewer Wednesday reported net profit of 460 million euros, from 483 million euros in the same quarter last year. In Eastern Europe revenues fell 8.5 percent, while in the Americas they grew 2...

  • Russia shares open higher, rouble steady Wednesday, 22 Oct 2014 | 2:49 AM ET

    MOSCOW, Oct 22- Russian shares opened higher on Wednesday while the rouble was steady, reflecting reviving global risk appetite and shrugging off a failure of Russia and Ukraine to reach a gas deal. The Russian market rose despite the failure of talks in Brussels on Tuesday to finalise a deal aimed at settling a long-standing dispute between Russia and Ukraine...

  • TOKYO, Oct 22- The euro flirted with one-week lows on Wednesday following a Reuters report that the European Central Bank is considering buying corporate bonds, while recovery in risk appetite underpinned the dollar against the yen. The prospect of fresh ECB easing could restore the interest rate gap between Europe and the United States, helping to underpin...

  • *Orders rise 24 pct to $11.2 bln vs $10.1 bln poll f'cast. ZURICH, Oct 22- Swiss engineering group ABB posted a bigger-than-expected rise in third-quarter orders, helped by demand from the oil and gas industries, but said the outlook for the global economy was increasingly uncertain. The Zurich- based firm showed encouraging signs of increased order momentum at...

  • UPDATE 1-Brent holds above $86 as buyers slowly return Wednesday, 22 Oct 2014 | 1:42 AM ET

    *No immediate oil glut- Standard Chartered Bank. SINGAPORE, Oct 22- Brent crude futures steadied above $86 a barrel on Wednesday, clinging to gains from the previous session as buyers gradually returned to a market hammered to four-year lows by abundant supply. Brent crude for December delivery was up 17 cents at $86.39 at 0525 GMT, pulling further away from last...

  • Supercity of north to rival London wins backing Wednesday, 22 Oct 2014 | 1:41 AM ET
    Angel Square, Manchester

    Economist Jim O'Neill has called for the creation of a northern supercity to close the economic gap with London, the FT reports.

  • Stocks gain on Europe stimulus talk, China data Wednesday, 22 Oct 2014 | 1:28 AM ET

    Hopes for fresh stimulus from the European Central Bank and China's steady growth bolstered global stocks Wednesday after the S&P 500 had its best day of the year. Britain's FTSE 100 gained 0.2 percent to 6,384.89. EUROPE STIMULUS: As the region teeters on the brink of recession again, speculation is growing that the European Central Bank will further expand...

  • Fears over gas supply as Russia-Ukraine talks fail Wednesday, 22 Oct 2014 | 1:16 AM ET

    Russia and Ukraine failed to reach an accord on gas supplies for the coming winter in talks on Tuesday.

  • Brent holds above $86 as buyers slowly return Tuesday, 21 Oct 2014 | 11:51 PM ET

    *No immediate oil glut- Standard Chartered Bank. SINGAPORE, Oct 22- Brent crude futures steadied above $86 a barrel on Wednesday, clinging to gains from the previous session as buyers gradually returned to a market hammered to four-year lows by abundant supply. Brent crude for December delivery was up 3 cents at $86.25 at 0329 GMT, pulling further away from last...

  • *Apple, Texas Instruments results power Wall Street gains. MSCI's broadest index of Asia-Pacific shares outside Japan extended gains and was up 0.9 percent, while Japan's Nikkei stock average added 1.7 percent, rebounding from Tuesday's 2 percent drop. In U.S. trading, shares of Apple Inc and Texas Instruments Inc gained on stronger-than-expected quarterly...

  • *Takata recoups losses but it may take time to restore trust- analyst. TOKYO, Oct 22- Japanese stocks soared more than 2 percent on Wednesday, as the prospect of the European Central Bank taking further measures to support a faltering economy and strong gains in Apple Inc- related shares eased concerns over slowing global growth. Air bag maker Takata Corp also...

  • SYDNEY, Oct 22- London copper paused for breath on Wednesday after lodging its biggest one-day advance in two months on prospects of fresh easing in Europe and further signs of economic revival in the United States. *The most-traded January copper contract on the Shanghai Futures Exchange climbed 1.1 percent to 47,170 yuan a tonne. *Many metals executives have...

  • SINGAPORE, Oct 22- Gold was trading near its highest level since early September on Wednesday, supported by concerns over slower economic growth in China. *Spot gold was little changed at $1,247.45 an ounce by 0036 GMT, not far below Tuesday's peak of $1,255.20, which was its loftiest since Sept. 10. *The Shanghai Gold Exchange is working on plans for China's first...

  • TOKYO, Oct 22- Japan's exports rose at the fastest pace in seven months in September as shipments to Asia picked up pace, but a slowdown in China, war in the Middle East and the spread of the Ebola virus mean exports may struggle to accelerate further. Now, renewed turbulence in the global markets on signs of a slowing world economy could snuff out any gains in exports,...

  • *U.S. housing data, tech earnings, China data help risk appetite, dent yen. TOKYO, Oct 22- The euro flirted with one-week lows on Wednesday following a Reuters report that the European Central Bank is considering buying corporate bonds, while recovery in risk appetite underpinned the dollar against the yen. The dollar had a three-month rally until September on the...

  • Former Washington Post editor Ben Bradlee dies Tuesday, 21 Oct 2014 | 8:08 PM ET

    Bradlee died at home Tuesday of natural causes, the Post reported. Yet the Post's Pulitzer-winning coverage of the Watergate scandal is an inextricable part of Bradlee's legacy, and one measure of his success in transforming the Post from a sleepy hometown paper into a great national one. When Bradlee retired from the Post newsroom in 1991, then-publisher...

  • DIARY -Top Economic Events to Nov 3 Tuesday, 21 Oct 2014 | 8:01 PM ET

    WASHINGTON- Federal Reserve Board holds open meeting to discuss a final rulemaking requiring sponsors of securitization transactions to retain risk in those transactions- 1930 GMT. LONDON- Bank of England publishes minutes of latest Monetary Policy Committee meeting. OTTAWA- Bank of Canada Governor Stephen Poloz and Senior Deputy Governor Carolyn...

  • FRANKFURT, Oct 21- Daimler AG said on Tuesday it would book a $780 million windfall from selling its 4 percent stake in rival electric car maker Tesla Motors Inc. The stake sale comes as a surprise, even though the Stuttgart- based maker of Mercedes-Benz cars insisted that a technological cooperation deal between the two carmakers remains unchanged.