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  • INSIGHT-Putin's Russia: more fragile than it looks Thursday, 1 Nov 2012 | 7:48 PM ET

    *Exodus of talent and money from Russia. Russia is exporting three things in great quantity, says a leading Moscow banker: natural resources, capital and people. Only the first could be regarded as healthy and sustainable; the other two imply that oligarchs and ordinary citizens alike are turning their back on Putin's Russia.

  • FACTBOX-Weak rates lead to shipping bankruptcies Thursday, 1 Nov 2012 | 7:37 PM ET

    Oct. 2- Danish shipping group Torm A/S is forced to reach a restructuring agreement with its banks over its $1.8 billion bank debt. Aug. 9- Britain's oldest shipping firm, Stephenson Clarke Shipping Ltd, goes into liquidation after nearly 300 years of trading.

  • WRAPUP 2-Oil companies struggle to increase output Thursday, 1 Nov 2012 | 7:09 PM ET

    Third-quarter results from Exxon Mobil, Royal Dutch Shell and other top international players released over the past few days mostly beat expectations thanks to a shortage of the fuels and other crude-oil based products they make.

  • CHICAGO, Nov 1- The big-bank dominated model for privately traded derivatives is broken and those in the futures business argue that the fix is in Chicago. The Libor revelations show that the banks have ``victimized'' buy-side firms. ``This is a transformational event.'' Going forward, ``I think the solution is going to be found in Chicago and the Chicago community.

  • LONDON, Nov 1- Norwegian shipper Golar LNG made big waves on Thursday by ordering its first floating liquefied natural gas plant, an innovation that analysts said could loosen the grip on LNG production enjoyed by oil majors.

  • NEW YORK, Nov 1- Brent crude oil edged lower on Thursday on the restarting of North Sea production and euro zone economic concerns, while U.S. gasoline seesawed as support from supply shortages after super storm Sandy was countered by bearish news of rising inventories.

  • Global accounting body battles to assert its authority Thursday, 1 Nov 2012 | 5:58 PM ET

    LONDON, Nov 1- The world's top accounting rulesetter unveiled plans on Thursday aimed at buttressing its authority and independence in the face of calls from European groups for a greater say in how new standards are shaped.

  • LONDON, Nov 1- Gold prices eased a touch on Thursday as the dollar firmed, but moves were muted as investors remained focused on U.S. employment data due on Friday for clues on monetary policy. Spot gold was down 0.2 percent at $1,716.45 at 1643 GMT, while U.S. gold futures for December were down $2.29 an ounce at $1,716.20.

  • LONDON, Nov 1- Copper rose on Thursday, helped by data that showed a glimmer of renewed vigour in big metals consumer China, other Asian economies and the United States, but gains were tempered by concerns about demand and Europe's grinding debt crisis.

  • Foster Wheeler moving HQ again, this time near London Thursday, 1 Nov 2012 | 4:57 PM ET

    Nov 1- Engineering company Foster Wheeler AG is moving its corporate headquarters for the second time in three years, this time from Geneva to a city just outside London. According to a letter amending the contract of Chief Executive Kent Masters, the date of the company's headquarters move from Switzerland to Reading, England, is March 1, 2013.

  • NEW YORK/ LONDON, Nov 1- Arabica coffee futures dropped to the lowest level in more than four months on Thursday, on pressure from the firm U.S. dollar and as chart-based selling was triggered below the previous low, while robusta coffee was firm, sitting just above a six-month low.

  • LONDON, Nov 1- German government bonds were steady on Thursday, as uncertainty over the outcome of the presidential election in the United States limited the impact of better-than-expected economic data. In Europe, worries over Greece's efforts to seal a deal to draw more money from its bailout were keeping safe haven assets such as Bunds in demand.

  • European shares spurred on by earnings and macro data Thursday, 1 Nov 2012 | 4:34 PM ET

    LONDON, Nov 1- Investors set aside growth worries as European shares clawed back the previous session's losses on Thursday, buoyed by earnings from European companies and better macro economic data in China and the United States.

  • UK comedian arrested by sex scandal detectives Thursday, 1 Nov 2012 | 4:30 PM ET

    LONDON-- The child abuse scandal consuming the legacy of the late entertainer Jimmy Savile netted its second celebrity arrest Thursday as police swooped in on British comedian Freddie Starr, media reported.

  • LONDON, Nov 1- Mining group Anglo American is starting the search for a new chief executive to replace Cynthia Carroll and take on what analysts and investors say is one the toughest jobs in the resources sector. South Africa, for its part, has indicated it would prefer a South African for the job. *Rene Medori, finance director, 55.

  • LONDON, Nov 1- Brent crude oil futures fell to around $108.40 a barrel on Thursday as investors assessed the aftermath of super storm Sandy, while U.S. futures gained on the back of larger than expected crude oil stock draws and U.S. manufacturing data.

  • CoCos seen as acquired taste as Barclays opens door Thursday, 1 Nov 2012 | 4:03 PM ET

    LONDON, Nov 1- After several false starts, Barclays is optimistic it can sell a debt instrument that bolsters capital at times of trouble and could clear a path for European rivals to follow. ``I have no doubt that Barclays can get one away- because there are lots of sovereign wealth funds and hedge funds who will love this.

  • LONDON, Nov 1- Robusta coffee futures rose on Thursday from a six-month low the previous day as harvest progress picked up in top world producer Vietnam, where a second consecutive bumper crop is expected.

  • *James Murdoch re-elected with 95 pct shareholder support. LONDON, Nov 1- James Murdoch was re-elected to the board of BSkyB on Thursday, ensuring his family's media empire retains a direct influence at Britain's biggest pay-TV company despite being weakened by a phone hacking scandal.

  • LONDON, Nov 1- Gold prices held near $1,720 an ounce on Thursday as stock markets climbed, indicating better appetite for assets seen as higher risk, while investors focused on U.S. employment data due on Friday for clues on monetary policy.