The euro has continued to strengthen with strategists debating whether the boost was from China's move to diversify its foreign holdings.» Read More
*S&P downgrade to Spain pegs back European equities. LONDON, Oct 11- A rating cut that added to concerns over Spain pegged back European equities on Thursday, although gains in major retail and fashion stocks enabled some key indexes to edge into positive territory.
Oct 11- WH Smith Plc said Chief Executive Kate Swann will step down on June 30, after running the books and stationery retailer for a decade, sending its shares down as much as 7 percent. Steve Clarke, managing director of the company's High Street division, will take over from Swann on July 1.
*Telenor still needs local partner for new business* Spectrum auction set for November for new licences* Telenor has not yet decided to participate in new auction* Unitech-Telenor JV caught in controversial court case By Devidutta Tripathy and Victoria Klesty.
*Porsche says September global sales up 13 percent.
*Vietnam's new crop offered at $30 below London. SINGAPORE, Oct 11- Trading houses offered beans from Vietnam's new crop at discounts to London futures this week, but Indonesian robustas returned to premiums despite a lack of interest from roasters, dealers said on Thursday.
*FTSE 100 up 0.2 pct, off an earlier one-week low. LONDON, Oct 11- Britain's FTSE 100 share index edged up from one-week lows on Thursday, with concerns about the euro zone crisis offset by signs of slightly better trading at luxury fashion house Burberry.
*Ericsson signs loan agreement with the European investment bank. *Says EUR 500 million loan supports ericsson's research and development. *Says Ericsson has an option for disbursement until April 2014.
*Plans to maintain second parallel listing in Athens* Says will maintain its operations in Greece. ATHENS, Oct 11- Coca Cola Hellenic, the world's second-largest bottler of Coca-Cola Co. soft drinks and Greece's biggest firm by market value, said on Thursday it would switch its main bourse listing to London, where it hopes to tap more liquidity from investors.
FRANKFURT, Oct 11- Economic growth in the euro zone economy is expected to remain weak and "high uncertainty" is weighing on confidence, the European Central Bank said on Thursday in its monthly bulletin, adding that inflation expectations remained firmly anchored.
MADRID, Oct 11- Spanish consumer prices rose at their fastest pace in 16 months in September, data showed on Thursday, one more headache for Madrid after ratings agency S&P downgraded its sovereign debt to one notch above junk overnight.
The world's largest specialty toy retailer said it would ship to more than 60 countries in north, south and central America, Asia and Europe. The firm said on Wednesday it will open toy departments in 24 Macy's stores this holiday season.
ANKARA, Oct 11- Turkey's current account deficit narrowed more sharply in August, falling to $190 million excluding energy import payments, Finance Minister Mehmet Simsek told Reuters on Thursday.
Citi upgrades U.S. equities to "overweight" despite a slowing world economy with risks to the downside, while avoiding Japanese and euro zone equities on profit concerns. The upgrade of the U.S. comes at the expense of Japan, which is downgraded from "neutral" to "underweight", with profit recovery since the earthquake in 2011 coming in below the bank's expectations.
JAKARTA, Oct 11- Bumi Resources sees a proposal to part ways with London- listed coal conglomerate Bumi Plc as a positive development for both sides, a company director said on Thursday. "The development appears positive and a likely all round win-win," said Bumi Resources director and corporate secretary Dileep Srivastava.
Shares in Tate& Lyle rise 1.7 percent, among the top gainers on the FTSE 100, boosted by Societe Generale's upgrade according to traders, as the broker raises the British sweeteners and starches maker to "buy" from "hold" and ramps up its target price to 805 pence from 650 pence.
*Russian stocks follow emerging markets down after Spain downgrade. MOSCOW, Oct 11- Russian stocks fell back on Thursday amid a general retreat from risk assets following a downgrade of Spain's rating and a poor start to the U.S. earnings season, though a firm oil price supported the rouble.
ATHENS, Oct 11- Coca Cola Hellenic, Greece's biggest company by market value, said on Thursday it would switch its main bourse listing to London, where it hopes to tap more liquidity from investors. Coca Cola Hellenic said in a bourse filing that shareholders would exchange all their stock into shares of Coca Cola HBC AG, a Swiss-based firm.
STOCKHOLM, Oct 11- Sweden's consumer price index showed. a monthly change of +0.4 percent in September and showed an annual change. of +0.4 percent, the statistics office said on Thursday.
OSLO, Oct 11- Norwegian gas exports to Europe fell further on Thursday morning as output from Royal Dutch Shell's. Exports to Europe including Britain dropped by 11.3 million cubic metres to 226.5 mcm per day by 0600 GMT compared with the 237.8 mcm daily average on Wednesday, data from gas system operator Gassco showed.
Shares in Carrefour rise 5 percent after the French retailer posts a slight rise in third-quarter sales on an improvement in its core domestic business. "In France, the decline at hypermarkets like-for-like excluding fuel is less pronounced than expected and less strong than in Q2 2012," CM-CIC analyst Christian Devismes writes.