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  • UK fines Bank of Scotland for faulty mortgage data Friday, 19 Oct 2012 | 6:28 AM ET

    LONDON-- Britain's financial regulator has imposed a fine of 4.2 million pounds on a unit of Lloyds Banking Group for having inaccurate mortgage records for 250,000 customers.

  • Euro banking deal fails to impress markets Friday, 19 Oct 2012 | 6:10 AM ET

    Microsoft also disappointed with its latest update, contributing to a broad retreat in technology stocks, as did McDonald's and General Electric. By the time markets closed in Europe, Germany's DAX was down 0.8 percent at 7,380 while the CAC-40 in France fell 0.9 percent to 3,504. The FTSE 100 index of leading British shares was 0.3 percent lower at 5,896..

  • Oil down slightly ahead of EU summit conclusion Friday, 19 Oct 2012 | 5:17 AM ET

    BANGKOK-- Oil prices fell slightly Friday as traders awaited the end of a two-day European Union summit on shoring up the region's stricken banks. Benchmark crude for November delivery was down 12 cents to $91.98 a barrel at late afternoon Bangkok time in electronic trading on the New York Mercantile Exchange.

  • World stocks lower ahead of EU summit conclusion Friday, 19 Oct 2012 | 5:09 AM ET

    Britain's FTSE 100 lost 0.1 percent to 5,910.04 in early trading. Microsoft said net income fell a worse-than-expected 22 percent to $4.47 billion in the fiscal first quarter, which ended Sept. 30. BB&T bank, Philip Morris International and Boston Scientific also reported results that fell short of forecasts.

  • Oil prices flat ahead of EU summit conclusion Friday, 19 Oct 2012 | 2:00 AM ET

    BANGKOK-- Oil prices were nearly flat Friday as traders awaited the end of a two-day European Union summit on shoring up the region's stricken banks. Benchmark crude for November delivery was down 2 cents to $92.08 a barrel at midday Bangkok time in electronic trading on the New York Mercantile Exchange.

  • Fund manager: Plenty of reason to be cautious now Thursday, 18 Oct 2012 | 5:07 PM ET

    BOSTON-- The Appleseed Fund is unusual, and not just because of its strict socially-responsible investing mandate. One reason Morningstar analysts give the fund a bronze-medal rating is its nearly 7 percent average annualized return over five years, a period that includes the 2008 stock market meltdown.

  • Oil prices flat at $92 Thursday, 18 Oct 2012 | 4:48 PM ET

    U.S. benchmark crude eased 2 cents to finish at $92.10 a barrel. Brent crude, which many U.S. refiners use to make gasoline, fell 80 cents to $112.42 in London. China's economic news also offered a complicated outlook for oil demand.

  • Pool's 3Q income slips on charge for UK business Thursday, 18 Oct 2012 | 3:09 PM ET

    COVINGTON, La.-- Pool Corp., a distributor of swimming pool and backyard supplies, said Thursday that its net income fell 12 percent in the third quarter on an impairment charge related to its U.K. business. Pool wrote down the value of its U.K. business by $6.9 million during the quarter.

  • BBC satellite news disrupted in Mideast, Europe Thursday, 18 Oct 2012 | 1:00 PM ET

    LONDON-- The British Broadcasting Corp. says someone is deliberately disrupting its broadcasts in the Middle East and Europe _ interference that follows previous accusations that Iran has attempted to jam the broadcaster's transmissions.

  • Ample supplies push oil down 1 pct Thursday, 18 Oct 2012 | 11:13 AM ET

    NEW YORK-- The price of oil is falling on expectations that China is less likely to roll out a stimulus program for its improving economy. U.S. benchmark oil fell 94 cents, or 1 percent, to $91.18 a barrel in morning trading. Brent crude, which many U.S. refiners use to make gasoline, fell $1.42, or 1.3 percent, to $111.80 in London.

  • Protests as Ireland's 1st abortion clinic opens Thursday, 18 Oct 2012 | 10:35 AM ET

    BELFAST, Northern Ireland-- The first abortion clinic on the island of Ireland opened Thursday in Belfast, sparking protests by conservatives from both the Catholic and Protestant sides of Northern Ireland. That's the law in both Northern Ireland and the Republic of Ireland, where abortion is otherwise illegal.

  • Barclays hikes provision for mis-selling insurance Thursday, 18 Oct 2012 | 10:23 AM ET

    LONDON-- Barclays PLC has set aside another 700 million pounds to compensate customers who bought payment protection insurance which they didn't need. The unscheduled announcement came ahead of the bank's third-quarter earnings report due on Oct. 31.

  • Markets falter in run-up to EU summit Thursday, 18 Oct 2012 | 10:11 AM ET

    Though expectations have diminished in recent days that the 27- nation EU will agree on the terms of a banking union, investors are keen to hear updates on the economic fate of Spain, as well as Greece, which appears to be near to securing its next batch of bailout cash.

  • England's Cole fined $145,000 for Twitter post Thursday, 18 Oct 2012 | 10:03 AM ET

    LONDON-- England's Football Association has fined Chelsea's Ashley Cole $145,000 for insulting the governing body in an offensive Twitter post. The England defender had reacted angrily to an FA commission questioning the evidence he gave in defending teammate John Terry against a charge of racially abusing an opponent.

  • Survey: English ticket prices increase further Thursday, 18 Oct 2012 | 10:02 AM ET

    A BBC survey released Thursday showed the average price of the cheapest match ticket in the Premier League has increased from 24.87 pounds last year to 28.30 pounds this year, an increase of nearly 14 percent. Newcastle United offered the best overall value in the Premier League for a day out, charging 23 pounds for a ticket, a program, a pie and a cup of tea.

  • Oil below $92 amid US supplies rise, China growth Thursday, 18 Oct 2012 | 7:28 AM ET

    By early afternoon in Europe, benchmark oil for November delivery was down 21 cents at $91.91 a barrel in electronic trading on the New York Mercantile Exchange. Brent crude, which is used to price international varieties of oil, was down 47 cents to $112.86 per barrel on the ICE Futures exchange in London.

  • Markets steady in run-up to EU summit Thursday, 18 Oct 2012 | 6:36 AM ET

    LONDON-- Markets were largely steady Thursday, after solid gains this week, on signs that China's economy is not slowing as quickly as feared, the U.S. is recovering and Spain will soon request a bailout.

  • World stocks rise on US, China recovery signs Thursday, 18 Oct 2012 | 5:17 AM ET

    BANGKOK-- Stock markets rose Thursday after an unexpectedly strong U.S. housing report renewed confidence in the world's biggest economy and the latest data from China suggested the worst of its slump is over.

  • British lawmakers in new clash over expenses Thursday, 18 Oct 2012 | 12:25 AM ET

    LONDON-- Campaigners say British lawmakers are headed for another clash over their expenses _ three years after six legislators were jailed amid revelations that politicians had billed the public for items including an ornamental duck house and pornographic movies.

  • AutoZone names PepsiCo exec to its board Thursday, 18 Oct 2012 | 12:20 AM ET

    MEMPHIS, Tenn.-- AutoZone Inc. said Thursday that it elected PepsiCo executive Enderson Guimaraes to its board. In addition, AutoZone said two of its current board members, William Crowley and Robert Grusky, will not stand for re-election at the company's annual shareholder meeting in December. AutoZone's stock rose $2.08 to $371.55 in midday trading.