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  • NEW DELHI, Oct 11- India's annual exports fell for the fifth consecutive month and imports rose in September, pushing the trade deficit to its widest in 11 months in the latest bleak data from Asia's third largest economy as it struggles to balance its finances.

  • World stocks mixed after Spain gets downgrade Thursday, 11 Oct 2012 | 4:54 AM ET

    BANGKOK-- World stock markets were mixed Thursday, with Europe posting modest gains while Asia slumped after Spain, the fourth-largest euro economy, was slapped with a two-notch credit downgrade. Britain's FTSE 100 rose 0.2 percent to 5,791.79, Germany's DAX added 0.4 percent and France's CAC-40 advanced 0.3 percent to 3,375.40.

  • Turkmen Jan-Sept GDP rises 11.1 pct yr/yr - president Thursday, 11 Oct 2012 | 4:54 AM ET

    ASHGABAT, Oct 11- Turkmenistan's economy expanded by 11.1 percent in the first nine months of 2012, slowing from 14.6 percent in the same period a year ago, President Kurbanguly Berdymukhamedov was quoted as saying on Thursday. Turkmenistan's economic growth hinges on the development and exports of its natural gas riches.

  • MILAN, Oct 11- Italian insurer Unipol has appealed against conditions laid down by the competition regulator to give the green light to a planned merger with peer Fondiaria-SAI, two sources familiar with the situation said on Thursday.

  • UPDATE 1-Shell faces lawsuit over Niger Delta pollution Thursday, 11 Oct 2012 | 4:48 AM ET

    THE HAGUE, Oct 11- Royal Dutch Shell faces a lawsuit from four Nigerian villagers on Thursday in a case that could set a precedent for damage claims against international companies.

  • SINGAPORE/ LONDON, Oct 11- Indonesia's powerful Bakrie family has proposed a parting of ways with financier Nat Rothschild and Bumi Plc, the London- listed coal conglomerate they co-founded two years ago, after frayed tempers over allegations of financial irregularity.

  • Oct 11- Fitch Ratings has assigned Turkiye Is Bankasi A.S.' s upcoming USD issue of subordinated notes an expected' BB+' rating. Isbank Group is a financial conglomerate, where Isbank is the main financial body. The bank is 40.73% owned by the Isbank Pension Fund and 31.18% is broadly held at end-H112.

  • Burberry sales growth slows as demand drops Thursday, 11 Oct 2012 | 4:45 AM ET

    LONDON-- Luxury fashion house Burberry PLC, which issued a profit warning last month, says retail sales growth slowed in the second quarter as demand weakened in Britain and China. The company said sales at stores open more than a year rose 1 percent in the three months to Sept. 30, compared with 6 percent in the previous quarter.

  • Shares in DS Smith rise as much as 6 percent to their highest in more than fifteen years after the British packaging maker says it expects to save more than previously thought from its acquisition of the recycled packaging business of Svenska Cellulosa Aktiebolaget. DS Smith reported earnings of 12.8 pence for its latest year ended April 30 2012..

  • Technology provider e2v Technologies falls 4 percent in heavy trading volumes of eight times its 90- day daily average after a warning that it would miss its targets for the year.

  • UK gas prices dip on better Norway export outlook Thursday, 11 Oct 2012 | 4:35 AM ET

    LONDON, Oct 11- British prompt gas prices eased on Thursday morning as the system was almost balanced and supplies from Norway were expected to improve by the end of the week, analysts said.

  • TEXT-Indonesia holds benchmark rate at 5.75 pct Thursday, 11 Oct 2012 | 4:35 AM ET

    JAKARTA, Oct 11- Full text of Bank Indonesia's policy statement, translated by Reuters. Bank Indonesia will continue to strengthen coordination with government in managing domestic demand and improving balance of payments in line with the effort to maintain macroeconomic stability and sustain national economic growth.

  • TIMELINE-Waiting for euro zone action before year-end Thursday, 11 Oct 2012 | 4:35 AM ET

    LONDON, Oct 11- The European Central Bank's pledge to buy the bonds of troubled euro zone members flooded a wave of relief across the bloc but investors are now waiting for action to match the words.

  • LONDON, Oct 11- Lo-Q PLC:. *New agreement signed with major U.S. theme park operator. *Revenue associated with the agreement is expected to scale gradually, over.

  • UPDATE 1-French consumer prices fall on oil, tourism Thursday, 11 Oct 2012 | 4:28 AM ET

    PARIS, Oct 11- French consumer prices fell unexpectedly at the end of the summer tourist season in September and easing energy prices drove a fall in annual inflation that if it continues could help the European Central Bank cut interest rates.

  • U.S. stock futures signal flat to higher Wall St open Thursday, 11 Oct 2012 | 4:25 AM ET

    LONDON, Oct 11-* U.S. stock index futures pointed to a flat to higher open on Wall Street on Thursday, with futures for the S&P 500 rising 0.2 percent, the Dow Jones trading flat and the Nasdaq 100 gaining 0.3 percent.

  • Qatar's QIIB to price $700 mln sukuk Thursday Thursday, 11 Oct 2012 | 4:25 AM ET

    DUBAI, Oct 11- Qatar International Islamic Bank will issue a $700 million sukuk on Thursday, arranging banks said, and has revised earlier price guidance in a reflection of healthy demand for the deal. HSBC, Standard Chartered and QNB Capital. QIIB's sukuk would follow an issue from Qatar Islamic Bank.

  • Brent crude gains $1 on Middle East supply worry Thursday, 11 Oct 2012 | 4:22 AM ET

    LONDON, Oct 11- Brent crude oil rose by $1 on Thursday, lifted by escalating tension between Syria and Turkey, maintenance in the North Sea and a supply crunch in oil products. By 0818 GMT Brent crude oil was at $115.20 per barrel after reaching $115.33. It was on track for its highest close in a month.

  • Turkey says Syria stopped buying electricity last week Thursday, 11 Oct 2012 | 4:21 AM ET

    ANKARA, Oct 11- Syria decided to stop buying electricity from Turkey last week but there is no disruption to supplies and Turkey stands ready to resume them if Syria wants to start buying again, Energy Minister Taner Yildiz said on Thursday.

  • BRIEF-Long Haul Holdings to buy back Bumi Resources Thursday, 11 Oct 2012 | 4:21 AM ET

    *Long Haul Holdings to buy back Bumi Resources and bids for entire Berau stake. relationship between Bumi PLC and the Bakrie Group interests. *Long Haul Holdings- also submitted a firm bid to purchase Bumi plc's entire.