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  • Britain's Hill starts ordeal in EU parliament Wednesday, 1 Oct 2014 | 7:42 AM ET

    BRUSSELS, Oct 1- Britain's controversial choice for the European Commission declared his support for closer European financial integration at the start of an expected tough confirmation hearing in the European Parliament on Wednesday.

  • The left-leaning Guardian bemoaned: "No one can conceive of Renault, Fiat or indeed BMW fattening themselves up after years of emaciation, ready for sell-off to a foreign rival." The blow to British pride was made all the more acute by the success of France, where Peugeot and Renault were speeding ahead.

  • *Hong Kong unrest saps risk appetite. LONDON, Oct 1- Stocks worldwide began the fourth quarter on a negative note on Wednesday, as lacklustre economic data and civil unrest in Hong Kong kept investors cautious before a European Central Bank meeting later this week. Federal Reserve on the one hand and the European Central Bank and Bank of Japan on the other.

  • *Hong Kong unrest saps risk appetite. LONDON, Oct 1- Stocks worldwide began the fourth quarter on a negative note on Wednesday, as lacklustre economic data and civil unrest in Hong Kong kept investors cautious before a European Central Bank meeting later this week. Federal Reserve on the one hand and the European Central Bank and Bank of Japan on the other.

  • Germany reports Eurofighter manufacturing fault Wednesday, 1 Oct 2014 | 5:51 AM ET

    The German military said late Tuesday the error involves drill holes on the rear of the planes' fuselage and results from insufficient sanding-down by manufacturer BAE Systems. Eurofighter GmbH is the joint venture between BAE, Airbus and Alenia Aermacchi.

  • *China's PMI steadies at 51.1, just above forecast. *Ample supply, higher OPEC output weighs on prices. Concern over growing oil supply despite conflict in the Middle East and a stronger dollar pushed global benchmark Brent to its lowest since June 2012 on Tuesday, and the same factors are likely to keep a lid on any price recovery.

  • Tesco says UK authorities to investigate accounts Wednesday, 1 Oct 2014 | 4:22 AM ET

    LONDON— Tesco, one of the world's largest food retailers, says U.K. authorities are conducting a full investigation after its half-year profit was overstated by 250 million pounds. Tesco said Wednesday it will cooperate fully with the Financial Conduct Authority probe.

  • Stocks start October with a drop Wednesday, 1 Oct 2014 | 3:55 AM ET

    NEW YORK— Financial markets got off to a rough start in October as disappointing economic news and Ebola fears drove stocks lower. The Dow Jones industrial average slumped more than 200 points Wednesday, the first day of trading in a month known for big market swings. "A lot of people thought this economic data was going to be robust, so when it was weak, everyone moved...

  • HONG KONG, Oct 1- Some banks and other financial firms have begun moving staff to back-up premises on the outskirts of Hong Kong to prevent growing unrest in the financial hub from disrupting trading and other critical functions, two business services firms said.

  • Saudi overhaul reshapes Islam's holiest city Mecca Wednesday, 1 Oct 2014 | 3:11 AM ET

    At that time, Mecca was so small, pilgrims could sit at the cube-shaped Kaaba and look out at the serene desert mountains where the Prophet Muhammad once walked. "My father and all the people who lived in Mecca wouldn't recognize it," said al-Bar, who is now Mecca's mayor.

  • Russia capital controls not needed: VTB CEO     Wednesday, 1 Oct 2014 | 2:10 AM ET

    Andrey Kostin, chairman and CEO of VTB, says capital controls in Russia are not needed at this stage but said he would not rule them out.

  • Business Highlights Tuesday, 30 Sep 2014 | 6:02 PM ET

    School spending by affluent is widening wealth gap. WASHINGTON— Education is supposed to help bridge the gap between the wealthiest people and everyone else. Ask the experts, and they'll count the ways:.

  • RIO DE JANEIRO, Sept 30- Anglo American Plc said on Tuesday that it obtained a Brazilian license to start operating its long-delayed, $14 billion Minas-Rio iron ore mining project, which is expected to enable its first shipment of ore by year-end.

  • NEW YORK, Sept 30- Commodities posted their biggest quarterly drop in three years on Tuesday as plummeting oil prices and lower markets from gold to copper to soybeans brought the third straight monthly decline to a sector pressured by a surging U.S. dollar. Gold futures hit a 2014 low, the sharpest monthly slide since June 2013.

  • NEW YORK, Sept 30- World oil prices tumbled to their lowest in more than two years on Tuesday, with U.S. crude posting its biggest daily decline since 2012, as a drop in gasoline prices and end-of-quarter selling capped three months of steep losses.

  • LIMA, Sept 30- Maple Energy Plc dropped 30.53 percent on Tuesday in Lima following its announcement that talks about possibly selling the company ended without a deal.

  • BUENOS AIRES, Sept 30- Argentina deposited a $161 million bond interest payment with a newly appointed local trustee on Tuesday, the Economy Ministry said, defying a U.S. judge who held it in contempt a day earlier for taking illegal steps to meet its debt obligations.

  • *NPLs unsustainable in Romania, Bulgaria, Croatia, Serbia. LONDON, Sept 30- The ECB's health check of European banks could force some lenders to rethink their strategy in central and eastern Europe and even withdraw from parts of the region, according to the European Bank for Reconstruction and Development's new regional banking expert.

  • NEW YORK, Sept 30- World oil prices tumbled to their lowest in more than two years on Tuesday, with U.S. crude posting its biggest daily decline since 2012 as expiring October gasoline futures tumbled 4.5 percent and the U.S. dollar rose.

  • Spotify's Top 10 most viral tracks Tuesday, 30 Sep 2014 | 12:09 PM ET

    The following list represents the most viral tracks on Spotify, based on the number of people who shared it divided by the number who listened to it, from Monday, Sept. 22 to Sunday, Sept. 28 via Facebook, Tumblr, Twitter and Spotify. 1. Lil Dicky, "Lemme Freak". 1. Knife Party, "Begin Again".