While there's still a war to be fought, the austerity advocates are pretty clearly winning the battle over how to fix the global economy.» Read More
VIENNA, Oct 8- The partners in Azerbaijan's Shah Deniz II gas field are in talks to take a stake in the Nabucco consortium that is competing to build the first pipeline to deliver Azeri gas to Europe, Austria's economy and energy minister said on Monday.
BIRMINGHAM, England, Oct 8- Britain is considering the introduction of a "generous new tax regime" to encourage investment in its shale gas reserves, finance minister George Osborne said on Monday.
ISTANBUL, Oct 8- Turkey's central bank on Monday announced the following results from its twice-monthly survey of business leaders' and economists' expectations:. LATEST PREVIOUS End-2012 CPI 7.31 6.80 CPI in 12 months 6.65 6.60 End-2012 GDP 3.4.
--We think that tougher economic conditions in the remainder of 2012 and in 2013 could lead to further tightening of already tight covenant headroom and potential pressure on liquidity for Sweden- based leisure-product maker Dometic Group. --We are lowering our rating on Dometic to' B-' from' B' and the issue rating on Dometic's EUR202 million PIK note to' CCC' from' CCC+'.
STOCKHOLM, Oct 8- Scientists from Britain and Japan shared the Nobel Prize in Medicine on Monday for the discovery that adult cells can be reprogrammed back into stem cells which can turn into any kind of tissue and may one day repair damaged organs.
*Petronet may join GAIL if it gets Repsol's LNG assets. NEW DELHI, Oct 8- India's Petronet LNG has allowed gas firm GAIL to use annually 2.5 million tonnes capacity at Petronet's liquefied natural gas plant at Dahej in western India for importing the fuel, its chief executive A. K. Balyan said on Monday.
BIRMINGHAM, England, Oct 8- British finance minister George Osborne said on Monday it would be unrealistic to cut the size of government faster than planned in his flagship austerity programme. "There are those who say we're cutting too slow....
LONDON/ MADRID, Oct 8- Private equity groups Investindustrial and Trilantic Capital Partners have bought almost half of Spanish cable operator Euskaltel, the market leader in highspeed broadband in the industrialised Basque region.
LONDON, Oct 8- France's stake in the proposed EADS and BAE Group must be in the single digits if the deal is to go ahead, UK defence secretary Philip Hammond told BBC television on Monday. France has a 15 percent stake in EADS and under current arrangements could buy out industrial partner Lagardere, the French media firm which wants to sell its 7.5 percent stake.
*Marcolin family, Della Valle in shareholder pact. MILAN, Oct 8- The main shareholders in Italian sunglasses maker Marcolin SpA are in advanced talks on the sale of a controlling stake to private equity fund PAI, the company said, sending its shares up as much as 10 percent to their highest in over a year.
*Pick stock with high earnings quality- JPMorgan. LONDON, Oct 8- European shares fell early on Monday as investors braced for a weak third-quarter earnings season and the prospect of a greater-than-expected economic slowdown in parts of Asia. Metro was joined by British recruiter Michael Page International.
NEW YORK, Oct 8- U.S. stock index futures fell on Monday after the World Bank cut its growth forecasts for East Asia, highlighting concerns about the global economic climate and corporate profits ahead of the upcoming earnings season.
The FTSE Small Cap index is 0.3 percent lower in midsession deals, faring better than the FTSE 100 and the FTSE 250 indexes, each down 0.7 percent.
PARIS, Oct 8- The outlook for the world's major economies including the United States and Germany has deteriorated slightly, although China may be stabilising after a recent slowdown, the OECD said on Monday.
MILAN, Oct 8- Italian banks are parking their money in domestic government bonds rather than lending it to businesses, central bank data showed on Monday, signalling a worsening credit crunch in the euro zone's third largest economy.
HELSINKI, Oct 8- Finnish miner Talvivaara. said it should receive a permit to extract uranium in January or February, a few months later than expected and possibly delaying production at its mine in Sotkamo, eastern Finland.
LONDON, Oct 8- A man who claims to have defaced a major painting by Mark Rothko over the weekend in London said on Monday that Marcel Duchamp, the French artist most famous for his 1917 urinal that shocked the art establishment, would be "happy" at what he had done.
*Plan could see Fnac spin-off or initial public offering. By Pascale Denis and Astrid Wendlandt. PARIS, Oct 8- France's PPR will exit its declining Fnac music and book retailer to focus on its more profitable luxury and sports brands, such as Gucci and Puma, a source familiar with the matter said on Monday.
LONDON, Oct 8- Inmarsat PLC:.
*Oil dips below $112 as World Bank cuts Asian growth outlook. Several big companies, including FedEx and Hewlett-Packard, have issued profit warnings before the earnings season which starts on Tuesday.