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  • EXCLUSIVE-Huawei partner offered U.S. tech to Iran Thursday, 25 Oct 2012 | 8:30 AM ET

    LONDON, Oct 25- An Iranian partner of Huawei Technologies Co Ltd, a Chinese company that has denied breaking U.S. sanctions, last year tried to sell embargoed American antenna equipment to an Iranian firm, according to documents and interviews.

  • *Q3 sales fall 19 pct to $6.68 bln vs consensus $6.75 bln. Core EPS $1.51 vs consensus $1.44; full-year outlook held. LONDON, Oct 25- AstraZeneca's sales slumped by a bigger-than-expected 19 percent in the third quarter, underscoring the challenges confronting the drugmaker's new chief executive, Pascal Soriot.

  • European shares rise as China outlook helps lift miners Thursday, 25 Oct 2012 | 8:16 AM ET

    *China factory outlook boosts miners. *WPP, Daimler fall after earnings updates. LONDON, Oct 25- European stocks edged higher on Thursday led by miners after China said factory output was set to accelerate, but profit warnings hit WPP and Daimler.

  • Number of murdered Somali reporters grows to 16 Thursday, 25 Oct 2012 | 8:13 AM ET

    The irony for journalists is that Mogadishu, on the whole, is far safer than it was when the Islamist extremists, al-Shabab, controlled most of the city from 2007-2011. African Union troops forced al-Shabab out in August 2011, leading to less violence and a general revival of business, the arts and sports.

  • Union says Ford cutting 1,500 UK jobs Thursday, 25 Oct 2012 | 8:12 AM ET

    LONDON-- A union representing Ford workers says the company will cut 1,500 jobs in Britain, closing a transit van plant in Southampton and eliminating a stamping and tooling facility in east London.

  • Lending still weak in slack eurozone economy Thursday, 25 Oct 2012 | 7:55 AM ET

    FRANKFURT, German-- Another drop in lending to companies in the 17- country eurozone showed the economic downturn is deepening, as a brighter mood on financial markets fails to catch on with businesses.

  • LONDON, Oct 25- WPP, the world's largest advertising group, has cut its revenue outlook for the second time in as many months after a sharp slowdown in September in North America and Continental Europe hit its third quarter.

  • LONDON, Oct 25- Miner Anglo American reported increased volumes in five of its seven key commodities while bracing for the full impact of South African strikes on platinum and iron ore output.

  • LONDON, Oct 25- The dollar hit a four-month high against the yen on Thursday on expectations of monetary stimulus measures in Japan.

  • Weak earnings pressure European shares early on Thursday, 25 Oct 2012 | 7:12 AM ET

    LONDON, Oct 25- European shares fell on Thursday as third-quarter results from the likes of WPP and UPM-Kymmene highlighted worries over the outlook for global growth and earnings and helped keep equities in a tight range.

  • Markets get earnings cheer ahead of Apple Thursday, 25 Oct 2012 | 7:07 AM ET

    German industrial conglomerate BASF, consumer products company Unilever and Swiss bank Credit Suisse all enjoyed strong share price gains after their reports. Procter& Gamble, for example, led the Dow Jones industrial average higher after the giant consumer products company reported earnings that beat analysts' expectations.

  • *Q3 sales fall 19 pct to $6.68 bln vs consensus $6.75 bln. Core EPS $1.51 vs consensus $1.44; full-year outlook held. LONDON, Oct 25- AstraZeneca's sales slumped by a bigger-than-expected 19 percent in the third quarter, underscoring the challenges confronting the drugmaker's new chief executive, Pascal Soriot.

  • SINGAPORE, Oct 25- Brent futures rose above $108 on Thursday as positive economic data out of the world's top oil consumer, the United States, revived hopes of a recovery in demand growth, although a worsening outlook for Europe capped gains.

  • SINGAPORE, Oct 25- Brent futures rose above $108 on Thursday as positive economic data out of the world's top oil consumer the United States revived hopes of a recovery in demand growth, although a worsening outlook for Europe capped gains.

  • World stocks rise on continued optimism over China Thursday, 25 Oct 2012 | 5:18 AM ET

    BANGKOK-- World stock markets mostly rose Thursday as investors kept their sights on a possible improvement in China's economy. Britain's FTSE rose 0.5 percent to 5,836.92. Wall Street appeared headed for a day of gains, with Dow Jones industrial futures rising 0.4 percent to 13,078 and S&P 500 futures adding 0.6 percent to 1,413.20.

  • UK recession over as economy grows 1 pct in Q3 Thursday, 25 Oct 2012 | 4:43 AM ET

    LONDON-- Britain's economy emerged from its nine-month recession in the July to September quarter, when spending on the Olympics helped it grow by a bigger than expected 1 percent, according to official figures released Thursday.

  • WPP: Ads income from Olympics, US elex disappoints Thursday, 25 Oct 2012 | 4:29 AM ET

    LONDON-- WPP PLC, the world's largest advertising group, has lowered its full-year outlook after not doing as well as expected from the Olympics, the U.S. presidential campaign and the European soccer championships.

  • SINGAPORE, Oct 25- Brent futures rose above $108 on Thursday as positive economic data out of the world's top oil consumer, the United States, revived hopes of a recovery in demand growth, although a worsening outlook for Europe capped gains.

  • WPP says Olympics, US election income disappoints Thursday, 25 Oct 2012 | 3:50 AM ET

    LONDON-- WPP PLC, the world's largest advertising group, has lowered its full-year outlook after not doing as well as expected from the Olympics, the U.S. presidential campaign and the European soccer championships.

  • Loss of exclusive drug dents AstraZeneca's Q3 Thursday, 25 Oct 2012 | 2:56 AM ET

    LONDON-- Anglo-Swedish pharmaceutical company AstraZeneca has reported a 56 percent drop in net income in the third quarter as it suffered from the loss of exclusivity on a big-selling drug. For the three months ending Sept. 30, AstraZeneca said Thursday that net profit fell to $1.5 billion compared to $3.5 billion a year earlier.