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  • BRUSSELS, Oct 11- The European Union accused the United States on Thursday of ignoring a World Trade Organisation instruction to stop subsidising planemaker Boeing and asked the WTO to investigate, prolonging the world's biggest trade dispute.

  • Algeria to contribute $5B to IMF Thursday, 11 Oct 2012 | 2:44 PM ET

    ALGIERS, Algeria-- Algeria's Finance Ministry and central bank have announced the country is contributing $5 billion to the International Monetary Fund. In April, Algeria said the IMF had asked for Algeria's participation in the international lending institution. Algeria is the third largest supplier of natural gas to Europe after Russia and Norway.

  • NEW YORK, Oct 11- U.S. crude futures rose on Thursday as tensions between Turkey and Syria and between Iran and the West continued to reinforce concerns about the risk to oil supply from the Middle East.

  • Report: Authorities build cases in JPMorgan loss Thursday, 11 Oct 2012 | 2:41 PM ET

    NEW YORK-- A published report says federal authorities are using taped phone conversations to build criminal cases connected to the $6 billion trading loss announced by JPMorgan Chase earlier this year. The New York Times reports investigators are focusing on four people who worked for the London team responsible for the loss.

  • NAIROBI, Oct 11- Former U.N. chief Kofi Annan said on Thursday he wants more done to stem rising violence in Kenya before a March 4 election to prevent a repetition of the bloodshed that followed the last vote five years ago.

  • WARSAW/ BUDAPEST, Oct 10- Hungarian and Polish government bonds firmed on Wednesday as central bankers indicated further interest rate cuts to help their economies hit by Europe's economic slowdown.

  • TREASURIES-Prices rise as Europe worries continue Thursday, 11 Oct 2012 | 2:16 PM ET

    *U.S. sells $13 billion in 30- year bonds. By Richard Leong and Luciana Lopez. Treasuries prices rose on Thursday in choppy trading as worries about the health of the euro zone after a downgrade of Spain's debt and uncertainty around November's U.S. election outweighed a lackluster sale of 30- year debt.

  • In preparing for the spin-off Telefonica Deutschland has paid the parent 4.3 billion euros in a special dividend so that the German unit will have net debt of 1.2 billion euros at the end of the year, the sources said.

  • MegaFon seeks IPO investors with governance pledge Thursday, 11 Oct 2012 | 2:11 PM ET

    MOSCOW, Oct 11- MegaFon said the make-up of its board would reflect its focus on good corporate governance, as it sought to attract investors for its planned initial public offering after Goldman Sachs dropped out as an underwriter.

  • *Imports fall by a surprising 3.1 percent* Canada blames Europe, U.S. economies for falling revenues* Few see Q3 economic growth meeting Bank of Canada forecast By David Ljunggren.

  • *BP may sell TNK-BP stake to Rosneft, AAR may stay or sell. MOSCOW, Oct 11- The head of upstream at Russian oil firm TNK-BP will leave the company, the highest-ranking executive to depart in an exodus of staff as a potential sell-off by its main shareholders looms, sources close to TNK-BP said on Thursday.

  • *Turkey, Syria fighting reinforces worry over Middle East supply. NEW YORK, Oct 11- Oil prices rose on Thursday as tensions between Syria and Turkey escalate, reinforcing concerns about risks to the region's supply, and maintenance curbs on North Sea output continue.

  • Canada minister: CNOOC bid being reviewed for security Thursday, 11 Oct 2012 | 1:51 PM ET

    CALGARY, Alberta, Oct 11- A Canadian government review of the $15.1 billion Chinese bid for Nexen Inc will take security concerns into consideration in addition to a broader economic analysis of the transaction, Public Safety Minister Vic Toews said on Thursday.

  • UK backs tough oil, gas anti-corruption law Thursday, 11 Oct 2012 | 1:49 PM ET

    *Deputy PM backs move after meeting Bono. Oct 11- Britain will support tough legislation for energy, mining and forestry companies to declare payments made to governments for extracting natural resources- strengthening prospects Europe will adopt rules at least as rigorous as those in the United States. A day earlier France also signaled it favors tough rules.

  • Hollande eyes new chapter in Franco-African relations Thursday, 11 Oct 2012 | 1:48 PM ET

    *Aims to promote democcracy in Africa. Hollande, who heads to the Democratic Republic of Congo on Saturday for a gathering of French-speaking nations, has promised to promote democracy in Africa and break with an era of collusion between French and autocratic African leaders.

  • Pope's former butler will not appeal sentence Thursday, 11 Oct 2012 | 1:47 PM ET

    *Some of leaked documents alleged corruption in the Vatican. VATICAN CITY, Oct 11- Paolo Gabriele, Pope Benedict's former butler who leaked sensitive Vatican documents, believes his sentence of 18 months under house arrest is fair and will not appeal it, his lawyer said on Thursday.

  • UPDATE 2-EU Parliament set to reject Mersch for ECB Thursday, 11 Oct 2012 | 1:41 PM ET

    *Yves Mersch to have hearing with parliament on Oct. 22. BRUSSELS, Oct 11- The European Parliament is set to reject Luxembourg central banker Yves Mersch's appointment to the European Central Bank's executive board on grounds that he is a man and insufficient efforts have been made to appoint a woman.

  • *Aabar stake falls to zero from 3.07 pct on Oct. 5. FRANKFURT, Oct 11- Abu Dhabi's sovereign wealth fund Aabar sold its remaining 3.07 percent stake in Daimler worth about 1.25 billion euros on Oct. 5, the German carmaker said in a regulatory filing on Thursday.

  • TNK-BP head of upstream to leave company-sources Thursday, 11 Oct 2012 | 1:32 PM ET

    MOSCOW, Oct 11- The head of upstream at Russia's TNK-BP will leave the company, the highest-ranking executive to depart in an exodus of staff as a potential selloff by the main shareholders looms, sources close to TNK-BP said on Thursday. Alexander Dodds joined TNK-BP from ExxonMobil Qatar, where he had served as president, in October 2011.

  • UPDATE 1-Porsche SE sued for 213 mln euros in damages Thursday, 11 Oct 2012 | 1:24 PM ET

    BERLIN, Oct 11- The holding company of German carmaker Porsche has received a fresh lawsuit linked to its 2008 attempt to take over Volkswagen- a 213- million-euro claim from the family of a deceased industrialist.