• LONDON, Oct 10- EADS defended its failed efforts to forge a $45 billion merger with BAE Systems on Wednesday, noting progress had been made with some governments and shareholders but that the German government had not spelled out why it opposed the deal. "No firm reason has been given for the German opposition," an EADS spokesman said. "

  • Hollande says EADS merger decision was by companies Wednesday, 10 Oct 2012 | 9:23 AM ET

    PARIS, Oct 10- French President Francois Hollande said on Wednesday that a decision to end merger talks between EADS and Britain's BAE Systems lay with those companies and the government's intervention was limited to stating its conditions.

  • Jimmy Page says 'no' to Led Zeppelin reunion Wednesday, 10 Oct 2012 | 9:16 AM ET

    NEW YORK-- Led Zeppelin will not be reuniting any time soon. Just the mere mention of the topic set lead singer Robert Plant off at their news conference for the bands upcoming concert film, "Celebration Day."

  • LONDON, Oct 10- Raiffeisen Bank International announced plans to optimise its capital structure on Wednesday by asking investors to exchange an Upper Tier 2 note callable later this month into a new longer dated Tier 2 security.

  • LONDON, Oct 10- Brent crude oil held above $114 a barrel and close to a three-week high on Wednesday as worries over the security of Middle East supplies outweighed increasing evidence of slowing global economic growth.

  • Shell's Nyhamna gas plant output cut by 57 mcm/d on Weds Wednesday, 10 Oct 2012 | 8:59 AM ET

    OSLO, Oct 10- Output from Royal Dutch Shell's. Nyhamna gas processing plant in Norway will be reduced by 57 million cubic metres per day on Wednesday, gas system operator Gassco said on Wednesday. The plant, which processes gas from the giant offshore Ormen Lange gas field before it is shipped to Britain, will also see its output reduced by 27 mcm per day on Thursday.

  • UPDATE 4-EADS, BAE call off world's biggest arms merger Wednesday, 10 Oct 2012 | 8:55 AM ET

    *Sources said Germany opposed the $45 billion aerospace merger. LONDON, Oct 10- EADS and BAE Systems called off the world's largest defence and aviation merger on Wednesday, and sources close to the talks blamed Germany for wrecking the $45 billion deal. "Germany blocked the deal, although all demands from the German side were met.

  • *Roumani to cap fund's size at $1 bln. LONDON, Oct 10- Fahad Roumani, the JP Morgan "prop" trader still making bets with the bank's capital, has made clients in his hedge fund 14 percent this year, boosting efforts to win new investors and replace money the bank has started to pull from the fund. Roumani's JPS Credit Opportunities Fund, which JP Morgan.

  • Water funds on the rise Wednesday, 10 Oct 2012 | 8:43 AM ET

    By Martin de Sa' Pinto and Raji Menon. "There are opportunities in the water space that haven't been seen for decades now that governments have run out of money," said Zurich- based investor Martin Kloeck, whose Signina Capital recently launched a water fund.

  • Political storms threaten Europe's offshore wind goals Wednesday, 10 Oct 2012 | 8:39 AM ET

    *In Britain, world's largest market, political risk rises. BRUSSELS/ LONDON, Oct 10- Political wavering in Britain, the world's biggest offshore wind market, is casting doubt on European ambitions to build a fleet of gigantic turbines out at sea, desperately needed to meet legally binding climate change targets.

  • UK says EADS-BAE deal logical, but interests not met Wednesday, 10 Oct 2012 | 8:35 AM ET

    BIRMINGHAM, England, Oct 10- Britain's business department said on Wednesday the proposed merger of BAE and EADS had commercial logic of but only if it met the interests if all parties. The department said both firms would continue to be successful independent companies with a presence in Britain despite the collapse of the deal.

  • German DAX a strong bet whatever the weather Wednesday, 10 Oct 2012 | 8:26 AM ET

    Exporters with a global reach, an economy that has stayed out of recession, and an abundance of solid household names made Germany a top pick for those who wanted to- or had to- invest in euro zone equities when the currency union's future looked in question earlier this year.

  • BRIEF-Endeavour reports tack on offering of senior notes Wednesday, 10 Oct 2012 | 8:21 AM ET

    Oct 10- Endeavour International Corp:. *Announces $54 million tack on offering of senior notes. U.K oil and natural gas properties.

  • LONDON, Oct 10- Talks on a $45 billion merger between EADS and BAE Systems collapsed on Wednesday after the governments of France, Germany and Britain failed to reach agreement over a deal to create the world's largest aerospace and arms group.

  • UPDATE 1-British PM tells country more pain to come Wednesday, 10 Oct 2012 | 8:12 AM ET

    *UK PM says won't waver from austerity despite IMF warning* Conservatives lag Labour in polls ahead of 2015 election By Matt Falloon and Mohammed Abbas.

  • UPDATE 3-EADS, BAE call off world's biggest arms merger Wednesday, 10 Oct 2012 | 8:10 AM ET

    *Companies say they have terminated discussions* Sources said Germany opposed the $45 bln aerospace merger* UK Takeover Panel deadline at 1600 GMT* BAE shares down 2.5 pct, EADS up 2.5 pct By Sophie Sassard and Jason Neely.

  • Proposed BAE-EADS merger called off Wednesday, 10 Oct 2012 | 8:09 AM ET

    LONDON-- British defense contractor BAE Systems PLC and its European counterpart EADS NV on Wednesday abandoned a proposed merger that would have created a global defense and aerospace giant.

  • BAE and EADS say talks collapse Wednesday, 10 Oct 2012 | 8:07 AM ET

    LONDON, Oct 10- Talks on a $45 billion merger of EADS and BAE Systems collapsed on Wednesday when the governments of France, Germany and Britain failed to reach agreement over a deal to create the world's largest aerospace and arms group.

  • UK expects EADS-BAE merger announcment 'any minute' Wednesday, 10 Oct 2012 | 8:01 AM ET

    BIRMINGHAM, England, Oct 10- British Defence Minister Philip Hammond said on Wednesday he expected an announcement on a proposed merger between EADS and BAE "any minute".

  • By Sophie Sassard LONDON, Oct 10- EADS and BAE Systems. will not ask for an extension to their merger talks on Wednesday, sources close to the negotiations said, calling an end- for now- to a plan to create the world's largest defence and aerospace company.