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  • Britain must cut more to reduce deficit- PM Cameron Sunday, 7 Oct 2012 | 4:45 AM ET

    LONDON, Oct 7- Britain must find more spending cuts to reduce the budget deficit, Prime Minister David Cameron said on Sunday, after a return recession this year raised speculation the government was set to miss its deficit reduction targets.

  • BIRMINGHAM, England, Oct 7- British Prime Minister David Cameron on Sunday threatened to scupper European Union budget talks unless other members of the 27- nation bloc agree to "proper control" of spending, without specifying what would be an acceptable settlement for Britain.

  • *UK faces choice of deeper cuts or longer austerity. *UK will block aerospace merger if "red line" priorities not met.

  • LONDON, Oct 6- Shell on Friday declared force majeure on its gas deliveries from Nigeria's liquefied natural gas plant after an attempt to steal crude oil from a pipeline led to a fire, it said. Shell, which has a 25.6 percent stake in Nigeria LNG, on Sunday shut its 28- inch Bomu-Bonny trunk line after oil thieves caused a fire, it said.

  • *A350 jetliner will compete with Boeing's 787 Dreamliner. WASHINGTON/ PARIS, Oct 6- The U.S. government said on Saturday it had received European Union documents on funding for the Airbus A350 after requesting them from the World Trade Organization over a month ago in an ongoing transatlantic dispute over aircraft subsidies.

  • Tanzania asks for mediation over Lake Malawi dispute Saturday, 6 Oct 2012 | 3:32 PM ET

    DAR ES SALAAM, Oct 6- Tanzania called on Saturday for an international mediator to resolve a long-standing border dispute with Malawi, conceding the latest talks over territorial rights to Lake Malawi and its potential reserves of oil and gas have failed.

  • WTO inspects Airbus A350 loan funding -source Saturday, 6 Oct 2012 | 3:00 PM ET

    PARIS, Oct 6- The World Trade Organization has asked the European Union to hand over documents on the funding of the Airbus A350 in a potential sharpening of a transatlantic dispute over aircraft subsidies, a U.S. source familiar with the case said.

  • By Gernot Heller BERLIN, Oct 6- EADS is continuing "constructive talks" with governments over its proposed $45 billion merger deal with BAE Systems and remains convinced that it is an excellent deal for Europe, a spokesman said on Saturday.

  • EADS says continuing BAE merger talks with govts Saturday, 6 Oct 2012 | 10:26 AM ET

    BERLIN, Oct 6- EADS is continuing "constructive talks" with governments over its proposed $45 billion merger deal with BAE Systems and remains convinced that it is an excellent deal for Europe, a spokesman said on Saturday.

  • Iran denies offering new plan on nuclear impasse Saturday, 6 Oct 2012 | 9:49 AM ET

    The New York Times reported on Thursday that Iran had proposed a plan to European officials that required the West to lift harsh oil and economic sanctions in return for the eventual suspension of uranium enrichment by Tehran.

  • SAN FRANCISCO, Oct 6- Zynga Inc's inexorable decline over the past six months, capped by a sharp reduction in its 2012 outlook on Thursday, has sharpened interest in what Chief Executive Mark Pincus will do next. Zynga did launch several such games this year, including "The Ville" and "ChefVille," and is working on several more.

  • NEW YORK, Oct 5- The former chief prosecutor of the International Criminal Court will lead a review of Bangladesh's investigation of alleged corruption tied to a major bridge project, the World Bank said late on Friday.

  • *Sanctions mulled for more Iran central bank transactions. *Aimed at pressuring Iran to abandon nuclear program. WASHINGTON, Oct 5- U.S. lawmakers are considering expanding American economic sanctions on Iran- measures that already have helped push that country's currency into free fall but have not yet convinced Tehran to abandon its nuclear program.

  • *Supportive U.S. data offset by weak China, Europe reports. NEW YORK, Oct 5- Oil prices fell in volatile trading on Friday and posted weekly losses as a fragile global economy and uncertainty about Europe's debt crisis offset support from a better-than-expected U.S. employment report.

  • Bond memorabilia goes under hammer in London Friday, 5 Oct 2012 | 5:42 PM ET

    LONDON-- James Bond lovers have spent thousands of pounds for pieces of memorabilia from the spy movies at a London auction. Among the items under the hammer Friday in London was the complete works of Ian Fleming, Bond's creator. A navy, wool Tom Ford suit worn by Daniel Craig in the new Skyfall film due out on Oct. 26 sold for 46,850 pounds.

  • At a glance: Oil falls after US job report Friday, 5 Oct 2012 | 4:18 PM ET

    On the New York Mercantile Exchange:. _ Benchmark oil closed down $1.83 to $89.88 per barrel. On the ICE Futures Exchange in London:.

  • Barry Zubrow, who was head of risk management at JPMorgan Chase& Co when the bank was building a dangerously large position in credit derivatives, is retiring. RBC Wealth Management, a division of the Royal Bank of Canada, said on Friday it hired a veteran adviser and manager from UBS Wealth Management Americas, the brokerage owned by the Swiss Bank UBS AG.

  • TEXT-S&P rates Cunningham Lindsey Group Ltd Friday, 5 Oct 2012 | 4:02 PM ET

    CLGL is refinancing its existing capital structure in conjunction with acquisition by private-equity sponsor CVC Capital Partners.

  • PARIS/ FRANKFURT, Oct 5- Tensions over a supermerger between EADS and BAE Systems spilled into the open on Friday and cast doubt on a rapidly approaching deadline as France, Britain and Germany jockeyed over the role of the state in the world's largest aerospace and arms group.

  • *GM to decide soon on Opel cost cuts, alliance with PSA. *Opel says aims to source more parts from PSA, not GM. GM fully stands behind Opel, "GM Vice Chairman Stephen Girsky said in a statement sent by email.