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  • UBS "rogue trader" cries after entering witness box Friday, 26 Oct 2012 | 9:53 AM ET

    LONDON, Oct 26- Accused UBS fraudster Kweku Adoboli cried within seconds of entering the witness box at his trial in London on Friday. Adoboli's defence counsel Paul Garlick started by asking him some questions about his early life and family.

  • *Hurricane Sandy threatens U.S. after slamming Cuba. LONDON, Oct 26- Oil fell on Friday to around $108 a barrel and was heading for its second weekly drop, pressured by expectations U.S. economic growth will not be strong enough to bolster the demand outlook and by Europe's debt crisis.

  • LONDON, Oct 26- European share markets followed Asian stocks lower as lacklustre corporate earnings reports undermined investor confidence ahead of American growth data due later on Friday.

  • LONDON, Oct 26- Accused UBS rogue trader Kweku Adoboli pleaded not guilty on Friday to two new counts of false accounting that were added to the indictment six weeks into his trial. The two new counts were added to help clarify the case for the jury. There are now six counts in total, two of fraud and four of false accounting.

  • ExxonMobil executive gunned down in Belgium Friday, 26 Oct 2012 | 9:27 AM ET

    BRUSSELS-- So far, it's still a mystery. Was the killing of Nicholas Mockford, a 60- year-old executive for ExxonMobil, the world's largest oil company, a car-jacking gone wrong?

  • Output challenge denies Big Oil best of Q3 bonanza Friday, 26 Oct 2012 | 9:24 AM ET

    LONDON/ SAN FRANCISCO, Oct 26- Top oil companies in the western world are missing out on the full benefits of strong crude prices because of costly production outages and delays in bringing on new capacity, third-quarter results are set to show. ``Earnings are... down 13 percent year-on-year, worse than the 2 percent decrease in Brent prices- once again demonstrating the majors' poor margin capture in a strong commodity price environment and rising cost pressures,'' said Credit Suisse analysts in a note on the top European players.

  • US growth figures shore up markets after Apple hit Friday, 26 Oct 2012 | 9:18 AM ET

    Both firms reported losses after the market close on Thursday, contributing to a sour trading session in Asia. "Strength in consumer spending remains an encouraging feature to today's report into the final quarter," said Andrew Wilkinson, chief economic strategist at Miller Tabak& Co. "As they say, never write off the consumer."

  • Oil rebounds to over $86 a barrel on US growth Friday, 26 Oct 2012 | 9:12 AM ET

    By early afternoon in Europe, benchmark oil for December delivery was up 22 cents to $86.27 a barrel in electronic trading on the New York Mercantile Exchange. The contract rose 32 cents to finish at $86.05 a barrel in New York on Thursday. In London, Brent Crude was up 45 cents to $108.94 on the ICE Futures exchange.

  • Cynthia Carroll to step down as Anglo American CEO Friday, 26 Oct 2012 | 8:53 AM ET

    LONDON-- Cynthia Carroll will step down as chief executive of mining company Anglo American PLC after almost six years in the job, the company announced Friday.

  • Delphi Automotive closes on FCI unit acquisition Friday, 26 Oct 2012 | 8:32 AM ET

    TROY, Mich.-- Delphi Automotive has completed its acquisition of FCI Group's motorized vehicles unit for 765 million euros. It is owned by affiliates of Bain Capital.

  • LONDON, Oct 26- Anglo American's Chief Executive Cynthia Carroll stepped down on Friday after more than five years in the job, under increased pressure from investors over the miner's lagging share price and continued dependence on troubled South Africa.

  • LONDON, Oct 26- The yen recovered after hitting a four-month low against the dollar on Friday, but was still on track for a second week of losses as investors braced for the Bank of Japan to ease policy next week. The dollar was down 0.5 percent at 79.95 yen after earlier hitting 80.38 yen.

  • *Hurricane Sandy threatens U.S. after slamming Cuba. LONDON, Oct 26- Oil fell on Friday to around $108 a barrel and was heading for its second weekly drop, pressured by expectations U.S. economic growth will not be strong enough to bolster the demand outlook and by Europe's debt crisis.

  • European shares dented by glum corporate outlooks Friday, 26 Oct 2012 | 7:48 AM ET

    LONDON, Oct 26- European equity markets eased on Friday, weighed down by a fresh batch of gloomy corporate outlooks with demand for everything from cars to building materials hit by the euro zone crisis.

  • LONDON, Oct 26- European shares opened lower following a weak session in Asia as lacklustre earnings from tech giant Apple undermined confidence ahead of American growth data due later on Friday.

  • Pig welfare has a price for Europe's pork lovers Friday, 26 Oct 2012 | 7:30 AM ET

    PARIS, Oct 26- Europe's pregnant pigs will be happier next year but pork eaters will pay more and some breeders will go out of business as new porcine welfare rules compound the spiraling cost of the cereals for animal feed.

  • LONDON, Oct 26- European equity markets eased on Friday, weighed down by a fresh batch of gloomy corporate outlooks as demand for everything from cars to building materials is crippled by the euro zone economic crisis.

  • FOREX-Dollar slips after hitting 4-month high vs yen Friday, 26 Oct 2012 | 6:43 AM ET

    TOKYO/ SYDNEY, Oct 26- The yen steadied in Asian trading after hitting a four-month low against the dollar early Friday, but it was still on track for a second week of losses as markets geared up for the Bank of Japan to ease policy next week. The dollar was down about 0.4 percent at 79.99 yen after rising as high as 80.38 yen early in the session.

  • Apple disappointment weighs on markets Friday, 26 Oct 2012 | 6:37 AM ET

    Both firms reported losses after the market close on Thursday, contributing to a sour trading session in Asia. The downbeat mood carried over to Europe and is likely to dominate when Wall Street opens later.

  • LONDON, Oct 25- International oil company BP, weakened and distracted by its troubles in the United States and Russia, is in danger of losing touch with the leaders in an industry where strength and focus yield the richest pickings. ``I can't help thinking they've sort of lost their way.'' Everywhere you look, they're falling behind, `` said a senior executive of one rival this week.