GO
Loading...

Ukraine

More

  • BP, banks buoy European stock markets Tuesday, 30 Oct 2012 | 4:34 PM ET

    LONDON, Oct 30- Gains in oil major BP and several major bank stocks after results lifted European shares on Tuesday, with a key European equity index reaching its highest level in more than a week.

  • *Spain yields stable, seen potentially outperforming Italy. Investors' attention, previously fixed on Spain, had turned back to Italy after former Prime Minister Silvio Berlusconi threatened at the weekend to withdraw support for Mario Monti's technocrat government before elections in April.

  • LONDON, Oct 30- Copper rose on Tuesday, rebounding from a near 2- month low hit in the previous session, supported by a weak dollar and some cautious industrial buying, but concerns about sluggish demand from top consumer China capped further gains.

  • LONDON, Oct 30- Arabica coffee futures turned lower on Tuesday as early reports suggested that exchange stocks in warehouses on the United States' East Coast were left unscathed by Sandy, one of the biggest storms ever to hit the region.

  • Glencore faces midnight deadline for EU concessions Tuesday, 30 Oct 2012 | 4:18 PM ET

    LONDON/ BRUSSELS, Oct 30- Commodities trader Glencore, hoping to speed its $33 billion takeover of Xstrata over its final hurdles, is expected to offer to sell part of the group's zinc assets, meeting a midnight deadline to comply with EU antitrust concerns.

  • *Job losses mostly in Switzerland, United States, Britain. *Q3 net loss of 2.172 bln Sfr vs Reuters poll 457 mln Sfr. Zurich- based UBS will focus on wealth management and a smaller investment bank, ditching much of the trading business that ran up $50 billion in losses in the financial crisis and is embroiled in a global LIBOR rate-fixing investigation.

  • Catastrophe bonds unbowed by Hurricane Sandy Tuesday, 30 Oct 2012 | 3:52 PM ET

    LONDON, Oct 30- Investors who have put their money into specialist financial bonds which cover insurance companies from huge natural disasters are unlikely to be hit with big losses from monster storm Sandy even though it is one of the biggest ever to hit the United States.

  • Accused UBS rogue trader: "I lost control" Tuesday, 30 Oct 2012 | 3:22 PM ET

    LONDON, Oct 30- Former UBS trader Kweku Adoboli told a London court on Tuesday he had ``lost control'' of his trading in the summer of 2011 but insisted he never acted dishonestly in the frantic weeks that resulted in losses of $2.3 billion.

  • LONDON, Oct 30- World shares rose modestly in subdued trading on Tuesday as investors waited to see the full impact of a massive storm that wrought destruction across the eastern United States.

  • *Storm forces two-thirds of U.S. East Coast refineries to shut. LONDON, Oct 30- Brent crude fell towards $109 on Tuesday on concerns about weak demand from the U.S. East Coast in the aftermath of storm Sandy, that swept through the area shutting refineries, roads and airports.

  • MILAN, Oct 30- Fiat downshifted its full-year forecasts to the lower end of its range on Tuesday and said net debt would overshoot a previous target by as much as one billion euros in the face of a persistently weak European car market.

  • Investors take measure of market mood to stay ahead Tuesday, 30 Oct 2012 | 2:44 PM ET

    *Data from Twitter, Facebook used in investment models. LONDON, Oct 30- After a year in which investors have sometimes appeared to change their view of an entire market on a whim, gauges of market mood are gaining prominence alongside more traditional measures of stock price valuation.

  • LONDON, Oct 30- India is emerging as the unknown factor for Asia's iron ore market in 2013, which otherwise looks to be in a fair balance between supply and demand. It's also likely that China will account for the bulk of growth in seaborne iron ore demand, with recession-plagued Europe expected to be steady at best and modest growth likely from the rest of the world.

  • LONDON, Oct 30- Gold prices firmed on Tuesday as stock markets rose and the dollar weakened, but moves were limited as New York markets remained closed due to Hurricane Sandy, and ahead of a key U.S. jobs report due later this week. Spot gold was at $1,710.61 at 1430 GMT, up 0.1 percent, while U.S. gold futures for December rose $2.50 to $1,711.20.

  • LONDON, Oct 30- British oil group BP Plc raised its dividend on Tuesday, confident it can fight back from a devastating U.S. oil spill with a big pile of cash, a rejigged business in Russia and a focus on exploration and production.

  • *Job losses mostly in Switzerland, United States, Britain. *Q3 net loss of 2.172 bln Sfr vs Reuters poll 457 mln Sfr. Zurich- based UBS will focus on wealth management and a smaller investment bank, ditching much of the trading business that ran up $50 billion in losses in the financial crisis.

  • LONDON/ JOHANNESBURG, Oct 30- South African miner Lonmin, the world's third-largest platinum producer, is to raise $800 million from shareholders to cut debt and finance a recovery after weeks of strikes in which dozens were killed.

  • METALS-Copper up from 2-month low on weak dollar Tuesday, 30 Oct 2012 | 1:43 PM ET

    LONDON, Oct 30- Copper edged up on Tuesday from a near 2- month low hit the previous session, helped by a weaker dollar and as lower prices encouraged some cautious industrial buying, but concerns about soft demand from top consumer China capped gains.

  • UPDATE 2-Telefonica Germany shares rise on debut Tuesday, 30 Oct 2012 | 1:23 PM ET

    *Sale to net Telefonica as much as 1.45 bln euros. FRANKFURT/ MADRID, Oct 30- Shares in Telefonica's O2-branded German unit rose over 3 percent on Tuesday following Europe's biggest initial public offering in more than a year, adding to a fledgling recovery in the region's new issues market.

  • LONDON, Oct 30- World shares rose modestly while the dollar weakened on Tuesday as the initial impact of a massive storm in the United States looked to have been less severe than feared.