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  • Greece making progress, more needed - IMF's Lagarde Monday, 8 Oct 2012 | 5:33 PM ET

    LUXEMBOURG, Oct 8- Euro zone finance ministers met in Luxembourg on Monday to discuss Greece, Spain, Portugal and other issues related to the region's debt crisis.

  • BRUSSELS, Oct 8- LUXEMBOURG, Oct 8- Euro zone finance ministers met in Luxembourg on Monday to discuss Greece, Spain, Portugal and other issues related to the region's debt crisis.

  • TOKYO, Oct 9- The International Monetary Fund on Tuesday cut its 2012 forecast for Africa along with most other countries around the world as the euro zone crisis dampens global demand and higher food prices weigh on food-importing countries in the region.

  • Oct 9- The Middle East and North Africa's oil exporting countries will see economic growth accelerate in 2012 to 6.6 percent, mainly due to a strong rebound of activity in Libya, the International Monetary Fund said on Tuesday.

  • Euro zone crisis dents growth in CIS region-IMF Monday, 8 Oct 2012 | 5:30 PM ET

    TOKYO, Oct 9- Growth in the Commonwealth of Independent States will be lower in 2012 than previously forecast due to the impact of crisis-ridden Europe and a dip in commodity prices, the International Monetary Fund said on Tuesday.

  • Oct 9- China's economic growth is expected to weaken to 7.8 percent this year, the International Monetary Fund said on Tuesday as it warned of risks to emerging Asia if the euro zone crisis worsens and the United States does not avoid its "fiscal cliff".

  • Edwards Lifesciences slides on weak 3Q outlook Monday, 8 Oct 2012 | 5:30 PM ET

    IRVINE, Calif.-- Edwards Lifesciences Corp. shares fell nearly 16 percent in after-hours trading Monday following a disappointing third-quarter revenue forecast Monday, including weak sales of its Sapien heart valve. Edwards said government austerity measures hurt its revenue from Europe while U.S. sales are constrained by Medicare coverage issues.

  • IMF cuts UK growth forecasts for 2012 and 2013 Monday, 8 Oct 2012 | 5:30 PM ET

    LONDON, Oct 8- The International Monetary Fund cut its economic forecasts for Britain on Monday, and said more Bank of England stimulus-- and possibly higher public spending or tax cuts-- may be needed if the outlook darkens.

  • BRUSSELS, Oct 8- The euro zone economy will shrink more than expected this year and barely grow in 2013 because of an escalation of the sovereign debt crisis, which will remain the main risk to growth, the International Monetary Fund said on Monday.

  • LUXEMBOURG, Oct 8- Euro zone finance ministers met in Luxembourg on Monday to discuss Greece, Spain, Portugal and other issues related to the region's debt crisis.

  • Euro zone approves 800 mln euros aid to Portugal Monday, 8 Oct 2012 | 5:20 PM ET

    BRUSSELS, Oct 8- Euro zone finance ministers signed off on a further tranche of financial aid to Portugal on Monday and said the country was working hard to put in place the budget cuts and structural economic adjustments demanded of it.

  • EU diplomat: Portugal to get next slice of aid Monday, 8 Oct 2012 | 5:15 PM ET

    LUXEMBOURG-- Portugal's international creditors have agreed to give the country the next slice of its rescue loans, worth 4.3 billion, according to a European Union diplomat.

  • Seaplanes to hop past Indonesia's lack of airports Monday, 8 Oct 2012 | 5:00 PM ET

    MOYO ISLAND, Indonesia, Oct 9- The seaplane taxiing over a coral reef to deliver tourists to a remote luxury resort may soon become a more familiar sight in Indonesia, an archipelago of 17,000 islands and only 183 airports.

  • EU source: Portugal to get next slice of aid Monday, 8 Oct 2012 | 4:56 PM ET

    LUXEMBOURG-- A European Union diplomat says Portugal's international creditors have agreed to give the country the next slice of its rescue loans, worth 4.3 billion. The decision was widely expected, even though Portugal has said it would miss the targets laid out in exchange for the 78 billion bailout.

  • Aussie & NZ dollars pare losses, still on defensive Monday, 8 Oct 2012 | 4:56 PM ET

    WELLINGTON/ SYDNEY, Oct 9- The Australian and New Zealand dollars pared some of their recent losses on Tuesday as investors took profits on short positions built against the euro and sterling, though the mood was still defensive overall. *Aussie around $1.0191, after short covering lifted it to an overnight high of $1.0220 from $1.0165 in late trade on Monday.

  • BRIEF-Boston Scientific to acquire Rhythmia Medical Monday, 8 Oct 2012 | 4:49 PM ET

    Oct 8- Boston Scientific Corp:. *To acquire Rhythmia Medical Inc. *Says once the mapping system is cleared by the U.S. Food and Drug Administration and receives CE Mark approval in Europe, Boston Scientific expects to begin a limited market launch of the system in 2013 and full market launch in 2014..

  • NEW YORK, Oct 8- U.S. crude futures fell on Monday on concerns that slower economic growth in China and the debt crisis in Europe will curb demand for petroleum, while the potential for Middle East turmoil to disrupt supplies limited losses. For a complete report on oil markets, double click on. SETTLE NET PCT LOW HIGH CURRENT DAY AGO CHNG CHNG VOL VOL.

  • News Summary: Commodities fall on China forecast Monday, 8 Oct 2012 | 4:45 PM ET

    ECONOMIC DRIFTS: Most commodity prices fell after a forecast of slower growth in China ramped up concerns about the global economy. GLOBAL GLOOM: The World Bank cut its growth forecast for China, citing weak global demand. Meanwhile, European finance ministers met as unrest continued in Greece and Spain over austerity cuts.

  • Commodities fall on slower China growth forecast Monday, 8 Oct 2012 | 4:25 PM ET

    Prices for a wide range of commodities fell Monday after a new forecast of slower growth in China ramped up worries about the global economy. The World Bank's lowered expectation for China was one of three issues that prompted investors to sell riskier assets on a day when volumes were light because of the Columbus Day holiday.

  • Red Bull to go on sale in US with fruity flavors Monday, 8 Oct 2012 | 4:09 PM ET

    NEW YORK-- Red Bull is rolling out three fruity flavors this spring, as the company looks to boost its stake in the rapidly growing market for energy drinks. The fruity flavors were first sold in Europe, but a representative for Red Bull didn't know how long they had been on sale there.