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  • North Sea Crude-BP buys 6th Forties, values up Friday, 12 Oct 2012 | 12:29 AM ET

    Signs of tight crude supply from the North Sea in November and expectations of stronger refinery demand in Europe have also supported the market. Shipments of Forties to South Korea, encouraged by a free trade agreement during 2012, tend to support prices in the North Sea market, as well as Brent swaps and timespreads.

  • MOMBASA, Kenya, Oct 12- The number of tourists visiting Kenya's coast fell by 22 percent in the first eight months of this year compared to 2011 due to concerns over Islamist violence and the cost of landing rights in the traditional tourist hot spot, tour operators said.

  • UK shares bruised by earnings concerns Friday, 12 Oct 2012 | 12:27 AM ET

    *FTSE 100 down 0.5 percent on day, 1.2 pct on week. LONDON, Oct 12- Britain's FTSE 100 fell on Friday, dented by corporate earnings concerns after a second profit warning in a week from the engineering sector and by more weak data from mega metals consumer China.

  • TNK-BP likely to expand 2013 oil buyers list Friday, 12 Oct 2012 | 12:19 AM ET

    LONDON, Oct 12- Russian oil firm TNK-BP will likely award its 2013 crude sale tender to six oil companies and trading houses, up from three last year, effectively diluting the influence a buyer can have on prices, trading sources said on Friday.

  • Berezovsky to pay Abramovich $56M in legal costs Friday, 12 Oct 2012 | 12:17 AM ET

    LONDON-- A British court has ordered self-exiled Russian tycoon Boris Berezovsky to pay 35 million pounds in legal costs to fellow Russian Roman Abramovich after losing a lawsuit against him.

  • Man jailed after scamming Olympians' parents Friday, 12 Oct 2012 | 12:16 AM ET

    Christakis Ioannou set up websites designed to look like the official portals and received more than $646,500 for non-existent tickets from people in 35 countries. Olympians from France and Greece were among his victims.

  • TEXT-S&P raises SEAT PagineGialle rating to 'B-' Friday, 12 Oct 2012 | 12:09 AM ET

    --Italy- based classified directories publisher SEAT PagineGialle SpA. Rating Action On Oct. 12, 2012, Standard& Poor's Ratings Services raised to' B-' from' CCC' its long-term corporate credit rating on Italy- based classified directories publisher SEAT PagineGialle SpA.

  • LONDON, Oct 12- Diamond Circle Capital PLC:. *Sold a further three diamonds out of remaining portfolio of six diamonds for. *Continues to explore& consider all opportunities to realise remaining.

  • Goldman Sachs metals chief to retire post LME sale Friday, 12 Oct 2012 | 12:00 AM ET

    SINGAPORE, Oct 12- Stephen Branton-Speak, the head of metals trading at Goldman Sachs, is set to retire after 15 years and after playing a key role in steering the 1.4 billion pound sale of the London Metal Exchange, sources told Reuters on Friday.

  • TOKYO, Oct 12- The stand-off between Japan's government and opposition parties is a concern as it has stalled important legislation needed to fund government spending, credit rating agency Moody's Investors Service said on Friday.

  • PRESS DIGEST - British business - Oct 12 Thursday, 11 Oct 2012 | 9:40 PM ET

    EADS boss Tom Enders has been accused of being "naive" for misunderstanding the nature of Berlin's political structure and failing to approach Germany directly over the group's proposed merger with BAE Systems.

  • PRESS DIGEST - Financial Times - Oct 12 Thursday, 11 Oct 2012 | 7:37 PM ET

    Financial Times Headlines BUMI SHARES LEAP AS BAKRIES PROPOSE SPLIT- CLARKE GETS ROLE AS TRADE' ROCKET BOOSTER'- GEITHNER HAS PHONE FRIEND AT BLACKROCK- AZERBAIJAN ATTACKS BP FOR MISSING TARGETS- COCA-COLA HELLENIC TO QUIT GREECE- SOFTBANK IN TALKS TO TAKE CONTROL OF SPRINT- SCHAUBLE AND LAGARDE CLASH OVER AUSTERITY- OIL GROUPS SET TO EXPORT US CRUDE- UK URGED TO LEARN CANADA BORROWING LESSONS- Overview BUMI SHARES LEAP AS BAKRIES PROPOSE SPLIT.

  • Investor wants $20 million for Argentine flagship Thursday, 11 Oct 2012 | 7:09 PM ET

    Argentina's government said the ruling violates international norms as well as rulings by judges in the U.S., Germany and France that found Argentine military vessels immune from the seizures.

  • *Bakries propose $1.3 billion deal to buy back assets* Propose unwinding of Bumi Plc* Bumi shares soar over 40 pct after split proposed* Rothschild sees "challenges" even after Bakrie exit By Janeman Latul and Clara Ferreira-Marques.

  • Oil rises above $92 a barrel Thursday, 11 Oct 2012 | 4:45 PM ET

    Oil prices rose Thursday as tension between Turkey and Syria raised concerns that crude oil supplies from the Middle East could be disrupted. On the New York Mercantile Exchange:. Benchmark crude rose 82 cents to finish at $92.07 per barrel.

  • Huawei is well established in Britain, and it has a partnership with the country's largest telecoms operator, BT Group PLC, to upgrade networks that stretches back to 2005..

  • *Propose unwinding of Bumi Plc. SINGAPORE/ LONDON, Oct 11- Indonesia's powerful Bakrie family has proposed splitting from financier Nat Rothschild and Bumi Plc, the London- listed miner they co-founded two years ago, after news of an inquiry into possible wrongdoing strained their already tense relations.

  • *Greece's biggest company CCH quits for Switzerland. that it was switching its primary listing from Athens to London and moving its corporate base to stable, low-tax Switzerland is a bitter blow to the debt-crippled nation.

  • Report: Authorities build cases in JPMorgan loss Thursday, 11 Oct 2012 | 2:41 PM ET

    NEW YORK-- A published report says federal authorities are using taped phone conversations to build criminal cases connected to the $6 billion trading loss announced by JPMorgan Chase earlier this year. The New York Times reports investigators are focusing on four people who worked for the London team responsible for the loss.

  • Canada minister: CNOOC bid being reviewed for security Thursday, 11 Oct 2012 | 1:51 PM ET

    CALGARY, Alberta, Oct 11- A Canadian government review of the $15.1 billion Chinese bid for Nexen Inc will take security concerns into consideration in addition to a broader economic analysis of the transaction, Public Safety Minister Vic Toews said on Thursday.