The fall in oil and gas prices and the rise of extremism are increasing risks across the globe in 2015. Here's what you should know.» Read More
1530,1930 GMT- Franklin Paul, Chris Kaufman +1 646 223 6200.
*Euro falls on worries over Greece, Spain. Benchmark three-month copper on the London Metal Exchange traded down 1.36 percent at $7,710 a tonne in official midday rings, having earlier touched $7,698, its lowest since Sept. 7.
ZURICH/ LONDON, Oct 29- Shares in UBS soared on Monday after media reports the Swiss bank would announce up to 10,000 job cuts as it takes the knife to its investment banking operations, particularly its fixed income business.
*Dry weather seen helping Brazil sugar harvest. LONDON, Oct 29- Liffe robusta coffee futures fell to a seven-week low on Monday, under pressure from origin selling as top producer Vietnam's harvest picked up.
LONDON, Oct 29- Brent crude oil steadied around $110 a barrel on Monday as Hurricane Sandy, which forecasters said could be the largest storm ever to hit the North American mainland, approached the U.S.
*FTSEurofirst 300 falls 0.6 pct to 1,090.86 points. *Euro STOXX 50 falls 0.9 pct to 2,473.28 points. LONDON, Oct 29- European shares fell for the first time in four sessions on Monday, with insurance stocks hit by concern about their exposure to the U.S. hurricane, while a backdrop of weak company results also weighed.
LONDON, Oct 29- As the Northeast United States locks down in the path of Hurricane Sandy, the freakishly large tropical storm careening in from the Atlantic, the main impact is likely to be on fuel demand rather than supply.
LONDON,- Copper hit a 7- week low on Monday as the euro edged lower and as concern about global growth, sparked by disappointing corporate earnings, dented risk appetite and overshadowed solid U.S. third quarter economic growth.
*U.S. East Coast refineries cut output ahead of hurricane. LONDON, Oct 29- Brent crude oil fell towards $109 a barrel on Monday as U.S. East Coast refineries shut ahead of the approach of Hurricane Sandy, reducing crude use in the world's largest oil consumer.
*Shionogi takes 10 pct stake in GSK, Pfizer joint venture. *Reduces upfront costs for Japan's Shionogi. LONDON/ TOKYO, Oct 29- GlaxoSmithKline has raised its bet on a promising drug for HIV/AIDS by redrawing a deal with Japan's Shionogi which gives it a much bigger economic interest in the new product.
LONDON, Oct 29- Global consumer confidence edged higher in the third quarter, underpinned by an improvement in the United States, although uncertainty about the economy continued to cap spending, a survey showed. Sixty two percent of global consumers said they believed their national economies were in recession, up from 57 percent in the previous quarter, according to the survey by global information company Nielsen, released on Monday.
*Brent oil falls below $109/ bbl, East Coast refineries wind down. Activity across all markets was expected to be thin as the Category 1 Hurricane Sandy neared landfall along the mid-Atlantic states of the United States, forcing shops, offices and share markets in New York to close.
MUMBAI, Oct 29- India- focused Essar Energy plans to refinance up to $1.5 billion of its rupee debt within a couple of quarters, as it focuses on improving its balance sheet after a turbulent period that included heavy capital expenditure and regulatory setbacks.
LONDON, 29- Pearson said it would merge Penguin Books with Bertelsmann's Random House to create the world's leading consumer publisher, a day after Rupert Murdoch's Sunday Times said his News Corp group could bid for Penguin.
Oct 29- Can peer pressure make delinquent taxpayers pony up what they owe the government? Behavioral economists say it can, and some tax agencies in both the United States and Britain are taking their advice to heart-- and finding that they are reaping rewards.
The Reuters business schedule runs at the following times: 0230,0630 GMT- Mathew Veedon +65 6870-3827 0830,1230 GMT- Malcolm Davidson +44 20 7542 6958 1530,1930 GMT- Franklin Paul, Chris Kaufman +1 646 223 6200.
*Traders cite worries over corporate results, Spain. Spain's IBEX stock market outperformed the broader market, dipping 0.2 percent after European Central Bank policymaker Ewald Nowotny said the country had no immediate need of help from the bank's planned new bond-buying programme.
*U.S. East Coast refineries cut output ahead of hurricane. LONDON, Oct 29- Brent crude oil fell below $109 a barrel on Monday as refineries along the U.S. East Coast wound down operations ahead of the approach of Hurricane Sandy, reducing crude use in the world's largest oil consumer.
LONDON, Oct 29- The euro fell on Monday, hurt by uncertainty over whether Greece can agree to a deal on austerity and with no sign of when Spain might request aid. Near-bankrupt Greece needs a comprehensive deal on an austerity package to unlock its next tranche of aid before it runs out of cash in mid-November.
*Shionogi takes 10 pct stake in GSK, Pfizer joint venture. LONDON/ TOKYO, Oct 29- GlaxoSmithKline has raised its bet on a promising drug for HIV/AIDS by redrawing a deal with Japan's Shionogi, giving it a much bigger economic interest in the new product.