BlackRock has bought private-equity real estate fund MGPA in a deal that boosts its presence in Asia and continental Europe.» Read More
PARIS, Jan 7- Global airlines face a hike in the cost of financing aircraft deliveries as an international pact on export credits squeezes already-scarce funding, according to consultants PwC.
*Bank of Canada advertises for replacement for Mark Carney. *Carney, who is not British, will head Bank of England. OTTAWA, Jan 7- The Bank of Canada is looking for a new boss with "the courage to take a stand" as it seeks to replace Governor Mark Carney, who is leaving to head the Bank of England.
*Basel agreement seen giving banks more capacity to lend. FRANKFURT/ LONDON, Jan 7- A move by global regulators to give banks more time and flexibility to build up cash reserves will do little to support a recovery in Europe, where recession-hit companies and households have scant appetite for more debt.
*EnergySolutions can seek new offers through Feb. 6. Jan 7- Private equity firm Energy Capital Partners will buy EnergySolutions Inc for $338.5 million in cash as the debt-laden nuclear waste management company struggles with weak demand.
LONDON, Jan 7- The Bank of England is unlikely to revive its money-printing campaign, a Reuters poll showed on Monday, even though the British economy is teetering on the brink of another recession. "We are going to see a continuation of difficult circumstances of growth remaining weak and inflation staying above target," said Simon Hayes at Barclays Capital.
Jan 7- UK drinks group Diageo's mandatory tender offer to buy up to 26 percent of shares in India's United Spirits has been postponed as the deal has yet to receive local regulatory approvals, a source with direct knowledge of the matter said on Monday.
*Economists split on whether ECB will cut rates in 2013. LONDON, Jan 7- The European Central Bank will keep interest rates unchanged this week, economists forecast in a Reuters poll, but they cannot agree on the chances of a cut in the next few months due to a murky economic outlook.
LONDON, Jan 7- The dollar fell against the yen on Monday on profit-taking after its swift rise to a 2-1/ 2 year high last week but rose against the euro on speculation the European Central Bank could hint at future rate cuts. The dollar was down 0.3 percent at 87.87 yen, off Friday's peak of 88.48 yen on trading platform EBS, which was its strongest since July 2010.
LONDON, Jan 7- Arabica coffee futures on ICE rose on Monday with the market anticipating there could be significant buying linked to index rebalancing later this week while raw sugar also advanced and cocoa was little changed. March arabica coffee on ICE rose 1.15 cents or 0.8 percent to $1.4850 per lb by 1225 GMT.
LONDON, Jan 7- Oil eased to under $111 a barrel on Monday as some investors booked profits after last week's gains, although optimism that the world's biggest economies are on a steady recovery path limited the decline. Brent crude fell 48 cents to $110.83 a barrel by 1200 GMT after rising 0.6 percent last week, giving up its 2013 advance.
LONDON, Jan 7- Copper eased on Monday as the dollar rose, and investors remained concerned the U.S. Federal Reserve might halt asset purchases, but losses were limited by an improved growth outlook in the United States and China, and less gloom in Europe.
LONDON, Jan 7- Gold prices slipped towards $1,650 an ounce on Monday as stock markets eased and the dollar firmed, but remained in a narrow range as investors focused on the outlook for U.S. budget talks and the Federal Reserve's quantitative easing programme.
LONDON, Jan 7- World stocks and oil prices eased on Monday as some investors booked profits after last week's strong rally, but signs of a brightening global economic growth outlook limited the falls.
LONDON, Jan 7- Oil eased to $111 a barrel on Monday as some investors booked profits after last week's gains, although optimism that the world's biggest economies are on a steady recovery path limited the decline. Brent crude fell 27 cents to $111.04 a barrel by 1013 GMT, after rising 0.6 percent last week.
At 0924 GMT, the FTSEurofirst 300 index of top European shares was down 0.1 percent at 1,165.77, while the UK's FTSE 100 index was down 0.3 percent, Germany's DAX index down 0.4 percent, and France's CAC 40 down 0.4 percent. UniCredit surged 4.2 percent, Societe Generale added 2.5 percent, BNP Paribas gained 2.1 percent, and Barclays rose 3.5 percent.
LONDON, Jan 7- The dollar fell against the yen on Monday on profit-taking after its swift rise to a 2-1/ 2 year high last week-- a rally driven by expectations of aggressive monetary easing by the Bank of Japan. The dollar was down 0.4 percent at 87.72 yen, off Friday's peak of 88.48 yen on trading platform EBS, which was its strongest since July 2010.
LONDON, Jan 7- A leading U.S. nuclear weapons laboratory recently discovered its computer systems contained some Chinese-made network switches and replaced at least two components because of national security concerns, a document shows.
*Bunds rebound after last week's big sell-off. LONDON, Jan 7- German Bunds edged up on Monday, with a plunge to one-month lows last week prompting investors to buy back the cheapened paper, although further falls were expected after a raft of forecast-beating U.S. data.
LONDON, Jan 7- World equities and oil prices eased on Monday as some investors booked profits after last week's strong gains, but optimism over the global growth outlook limited the falls.
PARIS, Jan 7- European shares were flat early on Monday, taking a breather from their New Year rally, buoyed by gains in banking stocks on the back of a regulatory decision to ease new liquidity rules for the sector.