A strong dollar won't significantly change the Fed's plan to raise interest rates this summer, Pimco's Scott Mather said.» Read More
Afghanistan's first female rapper Sosan Firooz pleads into her microphone. She sings about repression of women, her hopes for a peaceful Afghanistan and the misery she says she experienced as a small child living in neighboring Iran.
NEW YORK-- U.S. companies are continuing to cut back on employee travel plans amid uncertainty surrounding the health of the economy. Americans are expected to take 438.1 million business trips this year, down 2 percent from last year, the Global Business Travel Association said Tuesday.
*Shareholders approve possible share issue. By Silvia Aloisi and Stefano Bernabei. SIENA, Italy, Oct 9- Banca Monte dei Paschi di Siena, Italy's No.3 lender, won shareholder approval for a 1 billion euro share issue that would help it to fix a balance sheet ravaged by the euro zone debt crisis.
LUXEMBOURG, Oct 9-- European Union finance ministers met in Luxembourg on Tuesday to discuss issues including plans for a financial transactions tax among a core group of countries and progress towards setting up a single banking supervisor for the region. AUSTRIAN FINANCE MINISTER MARIA FEKTER On Spain.
LONDON, Oct 9- Gold prices trimmed their losses on Tuesday, but stayed under pressure as concerns over the euro zone's peripheral economies sent the euro to session lows versus the dollar.
By Ayla Jean Yackley and Evrim Ergin ISTANBUL, Oct 9- Turkish group Akfen Holding. may bid for Istanbul's natural gas distribution network Igdas, which is slated for privatisation this year, along with a raft of other energy and transportation businesses that could go up for sale, Chief Executive Suha Gucsav said on Tuesday.
MOSCOW, Oct 9- Russian equities turned positive on Tuesday, supported by an upturn in oil prices, while telecoms stocks edged higher following a $2 billion IPO announcement by mobile operator Megafon.
LONDON, Oct 9- TF& JH Braime Holdings PLC:. *Confirms that marcus mills has been appointed as Finance director of co. *Appointment effecttive from the date of this announcement.
SIENA, Italy, Oct 9- The chief executive of Italy's Banca Monte dei Paschi di Siena said on Tuesday he did not know yet the terms of 3.4 billion euros of state loans it is taking to strengthen its capital base. "I have no new information to give," Fabrizio Viola told reporters.
PARIS, Oct 9- France's lower house of parliament approved a law ratifying a European budget discipline treaty by a large majority on Tuesday, paving the way for its adoption in the bloc's No. 2 economy.
MOSCOW, Oct 9- Russia's top crude producer Rosneft said on Tuesday its powerful chief executive Igor Sechin met the co-owners of international oil trading house Gunvor to discuss "trading issues", amid reports of a rift between Sechin and Gunvor's co-owner Gennady Timchenko.
TORONTO, Oct 9- Canada's main stock index opened lower on Tuesday, tracking a decline in world markets on caution about the upcoming earnings season and the prospects for global growth. Europe also kept investors on edge as uncertainty about when Spain will apply for a bailout worried markets and new concerns about Greece's direction weighed on sentiment.
NEW YORK-- The price of oil is rising on concerns about supplies from the Middle East and the North Sea. Benchmark crude is up $1.46 to $90.79 a barrel in New York Tuesday. There is also concern that an escalation of the situation in Syria could disrupt supplies from the Middle East.
LONDON, Oct 9- Ryanair Holdings PLC:. *Ryanair withdraws from stansted sale process. *Will not participate in the sale process or seek a minority stake.
Meanwhile, comments by the International Monetary Fund on the global economy "provide a gloomy backdrop" for the day, said Monument Securities analyst Marc Ostwald. After a weak session Monday, Wall Street opened slightly lower again, with the Dow Jones Industrial index down 0.1 percent to 13,565.45, and the S&P 500 down 0.1 percent at 1,454.61.
Oct 9- Fitch Ratings has assigned RZD Capital Limited's 8.30% RUB loan participation notes due 2019 and 5.70% USD LPNs due 2022 senior unsecured' BBB' ratings. The new LPNs are to be consolidated and form a single series with the outstanding RUB25bn 8.30% LPNs due 2019 and USD1bn 5.70% LPNs due 2022 respectively.
LONDON, Oct 9- Standard Chartered PLC:. *Standard chrtrd plc- Standard Chartered upper tier 2 tender offer. *Invited holders of the notes to tender any and all of the notes for.
ROME, Oct 9- Italy's central government plans to take charge of energy and infrastructure policies currently controlled at the regional level, Prime Minister Mario Monti told local administrators on Tuesday, according to a source present at the meeting. Monti was outlining measures the cabinet plans to take at a meeting later on Tuesday.
PARIS, Oct 9- EDF's 1,330- MW Paluel 4 nuclear reactor stopped for an unplanned outage at 1410 GMT on Tuesday, French power grid RTE showed on its website on Tuesday.
*Sources say UK, France propose broad state voting cap. *Germany said to maintain demand for parity with France.