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Two days of accommodation at a lakeside golf hotel in Northern Ireland don't come cheap- and Britain has irritated its fellow Group of Eight states by sending them hefty advance bills for the summit it is hosting there.
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LONDON, Oct 30- Gold prices firmed on Tuesday as stock markets rose and the dollar weakened, but moves were limited as New York markets remained closed due to Hurricane Sandy, and ahead of a key U.S. jobs report due later this week. Spot gold was at $1,710.61 at 1430 GMT, up 0.1 percent, while U.S. gold futures for December rose $2.50 to $1,711.20.
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LONDON, Oct 30- British oil group BP Plc raised its dividend on Tuesday, confident it can fight back from a devastating U.S. oil spill with a big pile of cash, a rejigged business in Russia and a focus on exploration and production.
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*Job losses mostly in Switzerland, United States, Britain. *Q3 net loss of 2.172 bln Sfr vs Reuters poll 457 mln Sfr. Zurich- based UBS will focus on wealth management and a smaller investment bank, ditching much of the trading business that ran up $50 billion in losses in the financial crisis.
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LONDON/ JOHANNESBURG, Oct 30- South African miner Lonmin, the world's third-largest platinum producer, is to raise $800 million from shareholders to cut debt and finance a recovery after weeks of strikes in which dozens were killed.
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LONDON, Oct 30- Copper edged up on Tuesday from a near 2- month low hit the previous session, helped by a weaker dollar and as lower prices encouraged some cautious industrial buying, but concerns about soft demand from top consumer China capped gains.
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*Sale to net Telefonica as much as 1.45 bln euros. FRANKFURT/ MADRID, Oct 30- Shares in Telefonica's O2-branded German unit rose over 3 percent on Tuesday following Europe's biggest initial public offering in more than a year, adding to a fledgling recovery in the region's new issues market.
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LONDON, Oct 30- World shares rose modestly while the dollar weakened on Tuesday as the initial impact of a massive storm in the United States looked to have been less severe than feared.
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LONDON, Oct 30- British oil group BP Plc raised its dividend on Tuesday, confident it can bounce back from a devastating U.S. oil spill with a rejigged business in Russia and a focus on exploration and oil production over fuel refining and gas.
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That swung investors' attention back to Italy as uncertainty over the timing of a Spanish aid request lingered. Selling pressure did not continue beyond Monday, however, and Italy managed to sell 7 billion euros of five- and 10- year bonds on Tuesday, paying its lowest cost to borrow since May 2011.
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*Job losses mostly in Switzerland, United States, Britain. Zurich- based UBS will focus on its private bank and a smaller investment bank, ditching much of the trading business that ran up $50 billion in losses in the financial crisis, as well as a $2.3 billion hit, which trader Kweku Adoboli, now on trial on charges of fraud and false accounting, is accused of running up.
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*Job losses mostly in Switzerland, United States, Britain. Zurich- based UBS will focus on its private bank and a smaller investment bank, ditching much of the trading business that ran up $50 billion in losses in the financial crisis, as well as a $2.3 billion hit, which trader Kweku Adoboli, now on trial on charges of fraud and false accounting, is accused of running up.
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LONDON, Oct 30- World shares rose modestly while the dollar fell on Tuesday as the initial impact of a massive storm in the United States looked to have been less severe than feared.
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*Job losses mostly in Switzerland, United States, Britain. Zurich- based UBS will focus on its private bank and a smaller investment bank, ditching much of the trading business that ran up $50 billion in losses in the financial crisis, as well as a $2.3 billion hit from trader Kweku Adoboli last year, now on trial on charges of fraud and false accounting.
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LONDON/ JOHANNESBURG, Oct 30- Strike-hit South African miner Lonmin, the world's third-largest platinum producer, plans to raise $800 million from its investors to help slash debt and finance recovery after six weeks of strikes that left 46 people dead.
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*Storm forces two-thirds of U.S. East Coast refineries to shut. LONDON, Oct 30- Crude oil was little changed on Tuesday as investors awaited news of the damage by Hurricane Sandy, which lashed the U.S. East Coast, closing refineries and denting demand. Brent crude for December fell 17 cents to $109.27 a barrel by 0934 GMT.
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Volumes were expected to remain thin, however, with the effects of a massive storm hitting the eastern United States set to keep Wall Street closed for a second day. Wall Street will remain shut on Tuesday, with investor attention turning to whether markets would be able to resume activity on the month's final trading day on Wednesday.
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LONDON, Oct 30- The yen rose broadly on Tuesday after monetary easing steps from the Bank of Japan's disappointed some market players who had positioned for a more aggressive increase in asset purchases. That has seen the yen unwind a lot of the softer tone we saw going into this meeting,'' said Jane Foley, senior currency strategist at Rabobank.
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FRANKFURT/ MADRID, Oct 30- Shares in Telefonica's O2-branded German unit started trading r oughly 3 percent above th eir initial public offering price on Tuesday in Europe's largest new listing in more than a year.
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LONDON, Oct 30- European shares and the euro rose on Tuesday as the initial damage inflicted by a powerful storm on the U.S. east coast looked to have been less severe than many had expected. London's FTSE 100, Paris's CAC-40 and Frankfurt's DAX were all in positive territory having finished Monday on the back foot.
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*Italy plans to sell 5- 7 billion euros of bonds. That swung investors' attention back to Italy as uncertainty over the timing of a Spanish aid request lingered.
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