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  • EURO GOVT-Bunds pulled lower by gilts as UK GDP rebounds Thursday, 25 Oct 2012 | 10:59 AM ET

    LONDON, Oct 25- German government bonds slipped on Thursday, pulled down by falls in UK gilts after data showed Britain rebounded strongly from recession in the third quarter.

  • PRECIOUS-Gold bounces from 7 week low, eyes Bank of Japan Thursday, 25 Oct 2012 | 10:52 AM ET

    *Eyes on next week's Bank of Japan policy meeting. Spot gold was up 0.8 percent at $1,714.36 an ounce at 1034 GMT, bouncing off Wednesday's seven-week low of $1,698.39, while U.S. gold futures for December delivery were up $14.90 an ounce at $1,716.50.

  • UK police: 300 potential victims of Jimmy Savile. Thursday, 25 Oct 2012 | 10:27 AM ET

    LONDON-- UK police say officers have identified 300 potential victims of the late Jimmy Savile, the disgraced BBC entertainer now believed to be a predatory pedophile. The BBC has been rocked by allegations that Savile sexually abused underage teens over several decades, sometimes on BBC premises.

  • Germany orders recall of some Novartis flu shots Thursday, 25 Oct 2012 | 10:21 AM ET

    BERLIN-- German authorities ordered a recall Thursday of some batches of Novartis flu vaccine as a precautionary measure after the company reported the appearance of small particles in the manufacturing process. Italy's health ministry banned the sale of four Novartis flu drugs on Wednesday.

  • GLOBAL MARKETS-UK pick up lifts European shares, sterling Thursday, 25 Oct 2012 | 10:12 AM ET

    LONDON, Oct 25- Global shares and commodity markets rose on Thursday, pulled out of their recent slide by encouraging data from Britain and China and the U.S.

  • *Q3 sales fall 19 pct to $6.68 bln vs consensus $6.75 bln. *Core EPS $1.51 vs consensus $1.44; full-year outlook held. LONDON, Oct 25- AstraZeneca's sales slumped by a bigger-than-expected 19 percent in the third quarter, underscoring the challenges confronting the drugmaker's new chief executive, Pascal Soriot.

  • LONDON/ SHANGHAI, Oct 25- Copper edged up on Thursday, snapping four sessions of losses, supported by the U.S. Federal Reserve's renewed commitment to keep stimulating economic growth and by improving manufacturing data from top metals consumers China and the United States.

  • *Coming Up: U.S. Weekly jobless claims at 1230 GMT. LONDON, Oct 25- Brent crude oil rose above $108 per barrel on Thursday, consolidating after seven days of falls as better-than-expected data suggested the world economy was recovering, but analysts said the overall outlook for oil prices was bearish.

  • UPDATE 2-Unilever sales spruced up by China demand Thursday, 25 Oct 2012 | 9:53 AM ET

    *Strong demand for cleaning, hair and skin products in China. LONDON, Oct 25- Unilever's quarterly sales growth beat forecasts as demand for cleaning and personal care products in China helped the consumer goods group outshine larger rival Nestle.

  • Shell buying North Sea fields from Hess for $525M Thursday, 25 Oct 2012 | 9:19 AM ET

    Royal Dutch Shell plc, Europe's largest oil company, is expanding its substantial presence in the North Sea with a $525 million purchase of stakes in oil fields there from Hess Corp.. The fields are operated by a separate company, Apache Corp.. Hess, which is based in New York, has sold off $2.4 billion worth of assets this year.

  • UPDATE 1-Olympics helps Britain leap out of recession Thursday, 25 Oct 2012 | 9:12 AM ET

    LONDON, Oct 25- Britain rebounded strongly from recession in the third quarter, posting its strongest quarterly GDP growth in five years, boosted at least in part by robust Olympics spending, official data showed on Thursday. But it was still much better than expected and may mean Britain's full 2012 economy will not be in the red.

  • Zynga up in premarket trading after 3Q results Thursday, 25 Oct 2012 | 9:03 AM ET

    NEW YORK-- Zynga Inc.' s battered stock got a boost in premarket trading Thursday after the social gaming company's third-quarter results may have given some investors hope that it will be able to revive growth. Zynga's shares rose 31 cents, or 15 percent, to $2.44 before the stock market opened.

  • Ford cutting 1,500 UK jobs as Europe losses grow Thursday, 25 Oct 2012 | 8:58 AM ET

    LONDON-- Carmaker Ford announced Thursday it will cut 1,500 jobs in Britain, closing a plant and eliminating a stamping and tooling facility, as it warned that losses in Europe will exceed $1.5 billion this year. Ford Motor Co., which on Wednesday announced the closure of another plant in Brussels, is struggling in Europe, as are many major carmakers.

  • LONDON, Oct 25- Ford will announce on Thursday that it is closing its van factory at Southampton, ending more than a century of vehicle production by the company in Britain, trade unionists and a source close to the U.S. car maker said.

  • EURO GOVT-Bunds pulled lower by gilts, Treasuries Thursday, 25 Oct 2012 | 8:44 AM ET

    LONDON, Oct 25- German government bonds slipped on Thursday, pulled down by falls in UK gilts on signs of economic recovery and in U.S. Euro zone bond markets were still mostly at an impasse however, limiting moves, as they waited for a signal on when Spain may ask for financial aid-- a requirement if the European Central Bank is to buy its bonds.

  • FOREX-Yen weakens broadly on easing bets; euro recovers Thursday, 25 Oct 2012 | 8:40 AM ET

    LONDON, Oct 25- The dollar hit a four-month high against the yen on Thursday as expectations of more monetary easing from the Bank of Japan kept the Japanese currency under broad pressure. The euro also rose against the yen, helped by European Central Bank President Mario Draghi's robust defence of his bond-buying plan before German lawmakers.

  • EXCLUSIVE-Huawei partner offered U.S. tech to Iran Thursday, 25 Oct 2012 | 8:30 AM ET

    LONDON, Oct 25- An Iranian partner of Huawei Technologies Co Ltd, a Chinese company that has denied breaking U.S. sanctions, last year tried to sell embargoed American antenna equipment to an Iranian firm, according to documents and interviews.

  • *Q3 sales fall 19 pct to $6.68 bln vs consensus $6.75 bln. Core EPS $1.51 vs consensus $1.44; full-year outlook held. LONDON, Oct 25- AstraZeneca's sales slumped by a bigger-than-expected 19 percent in the third quarter, underscoring the challenges confronting the drugmaker's new chief executive, Pascal Soriot.

  • European shares rise as China outlook helps lift miners Thursday, 25 Oct 2012 | 8:16 AM ET

    *China factory outlook boosts miners. *WPP, Daimler fall after earnings updates. LONDON, Oct 25- European stocks edged higher on Thursday led by miners after China said factory output was set to accelerate, but profit warnings hit WPP and Daimler.

  • Number of murdered Somali reporters grows to 16 Thursday, 25 Oct 2012 | 8:13 AM ET

    The irony for journalists is that Mogadishu, on the whole, is far safer than it was when the Islamist extremists, al-Shabab, controlled most of the city from 2007-2011. African Union troops forced al-Shabab out in August 2011, leading to less violence and a general revival of business, the arts and sports.