Concerns by Europe's top funds watchdog that the Hong Kong-China trading link may not adequately protect investors are preventing thousands of funds from buying Shanghai stocks.» Read More
LONDON, Oct 25- Miner Anglo American posted increased production in five of its seven key commodities including copper, as it braces for the full impact of crippling South African strikes that have ratcheted up pressure on a management team already under fire.
Wall St view EPS 8 cents. Oct 25- The New York Times Co reported worse-than-expected results on Thursday as advertisers cut spending on both print and digital outlets, sending shares down 16 percent.
*U.S. drought alters typical grain trading patterns- Bunge. CHICAGO, Oct 25- Bunge Ltd shares jumped on Thursday as the agribusiness giant doubled quarterly profits by mobilizing its global grain network to supply customers hit by the worst U.S. drought in more than 50 years.
BELLEVUE, Wash.-- Online travel agency Expedia Inc.' s third-quarter net income fell 18 percent, but its adjusted profit beat expectations. Expedia's core business is selling hotel stays through sites including Expedia and Hotels.com.
PROFIT DOWN: Credit Suisse Group, Switzerland's second-largest bank, reported net profit of 254 million Swiss francs, down 63 percent from a year ago. CUTS: The Zurich- based bank said it will boost cost cutting. It already had plans to cut 3 billion francs in costs and shed 7 percent of its workforce, or about 3,500 employees.
*UK economy posts GDP rise in third quarter. *Coming up: CFTC positions data 3:30 p.m. EDT Friday. NEW YORK, Oct 25- Brent crude futures edged higher in choppy trading on Thursday, lifted by economic data, but gains were limited by rising oil inventories and tepid demand figures.
LONDON, Oct 25- Copper steadied on Thursday as a commitment by the U.S. Federal reserve to stimulate growth, and encouraging data from the United States as well as from top metals consumer China were offset by a stronger dollar. Benchmark copper on the London Metal Exchange ended at $7,815 a tonne, from a close of $7,817 on Wednesday.
*Stronger than expected UK growth supports risk-on trade. NEW YORK, Oct 25- U.S.
NEW YORK-- Burger King Worldwide Inc. reports its third-quarter results Monday, which should give investors another snapshot on the chain's efforts to refresh its outdated image in the U.S. while expanding overseas. In April, Burger King unveiled its biggest ever menu revamp, along with a star-studded advertising campaign.
LONDON, Oct 25- International oil company BP, weakened and distracted by its troubles in the United States and Russia, is in danger of losing touch with the leaders in an industry where strength and focus yield the richest pickings. ``I can't help thinking they've sort of lost their way.'' Everywhere you look, they're falling behind, `` said a senior executive of one rival this week.
*``Tsunami of filth'' has rocked the BBC. The allegations, which first emerged in an expose on the rival British TV channel ITV, have rocked the BBC, with its chief George Entwistle admitting the broadcaster has been damaged by the scandal.
NEW YORK, Oct 25- Global shares retreated and oil prices faltered on Thursday, as encouraging data from Britain and China was overshadowed by uncertainty over the U.S. presidential election and economy.
*Bunds slip, data helps risk appetite. LONDON, Oct 25- German government bonds slipped on Thursday as a rebound in the British economy spurred demand for riskier assets, but the subsequent rise in Bund yields drew investors back into the market. ',''he said, referring to Spain.
RICHMOND, Va.-- Shares of The Brink's Co. fell Thursday after the armored car company said its third-quarter net income plunged 56 percent, as revenue and operating earnings from its international business sank.
ATHENS, Greece-- A junior partner in Greece's coalition government says it won't vote for labor reforms that are part of a major new austerity package due in parliament next week. The cuts are being demanded by Greece's international creditors as a condition of continued rescue loans.
*Ireland in talks with EU/IMF on possible new support. DUBLIN, Oct 25- Ireland is lobbying EU/IMF lenders for additional support to smooth its return to bond markets before its bailout ends next year, its finance minister said on Thursday after Dublin passed its latest bailout review.
CANTON, Ohio-- The Timken Co. said Thursday its third-quarter net income fell 27 percent, hurt by an industrywide slowdown in demand in Asia and Europe. The Canton Ohio- based maker of transmissions and bearings cut its full year earnings and revenue outlook because of lower demand.
NEW YORK-- McDonald's will start selling bags of ground coffee at its restaurants in Canada next month, a move that could spread to other regions around the world if successful. John Betts, president of McDonald's Canada, also noted in an interview that McDonald's has a history of taking hit products from specific regions and expanding them globally.
NEW YORK, Oct 25- The dollar hit a four-month high against the yen on Thursday as a rise in Treasury yields and expectations the Bank of Japan will ease monetary policy next week had investors broadly selling the Japanese currency. Expectations that the Bank of Japan will take action on Oct. 30 to stimulate the Japanese economy and higher U.S.
LONDON, Oct 25- A friend of accused UBS fraudster Kweku Adoboli told him in 2008 she hoped never to read articles about him in the press like those she had read about a ``rogue trader'' at France's Societe Generale, a London court heard on Thursday.