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  • National Grid ramps up search for UK CO2 storage site Wednesday, 10 Oct 2012 | 10:05 AM ET

    LONDON, Oct 10- Britain's National Grid Plc. "This drilling operation is a major step forward in the development of a long-term, large-scale CCS cluster of transportation networks and storage facilities in the UK," Jim Ward, National Grid's head of CCS, said on Wednesday.

  • Jamaica Parliament honors former PM Edward Seaga Wednesday, 10 Oct 2012 | 10:03 AM ET

    KINGSTON, Jamaica-- The two houses of Jamaica's Parliament held a special joint sitting Tuesday to honor former Prime Minister Edward Seaga, a major player in national politics for decades and the only survivor of the leaders who drafted the constitution when the Caribbean island gained independence from Britain in 1962..

  • UPDATE 1-BAE management say not looking for another deal Wednesday, 10 Oct 2012 | 10:01 AM ET

    LONDON, Oct 10- Britain's BAE Systems is not looking for a tie-up with another company following the collapse of its $45 billion merger talks with Airbus parent EADS, its chief executive and chairman said on Wednesday.

  • Political objections derail European defense deal Wednesday, 10 Oct 2012 | 10:00 AM ET

    LONDON-- A deal to create a European defense and aerospace giant to rival Boeing Co. collapsed Wednesday when BAE Systems and EADS NV called off merger talks in the face of government objections.

  • RLPC-Triton gets renewed interest in Ruetgers - sources Wednesday, 10 Oct 2012 | 9:57 AM ET

    By Isabell Witt and Claire Ruckin. LONDON, Oct 10- Nordic private equity firm Triton's plan to take a dividend out of its German chemicals firm Ruetgers has been put on hold after renewed interest from trade buyers, banking sources said on Wednesday.

  • LONDON, Oct 10- Brent crude oil eased towards $114 a barrel but stayed 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.

  • Slovenia confirms banks for roadshow ahead of dollar bond Wednesday, 10 Oct 2012 | 9:48 AM ET

    LONDON, Oct 10- Slovenia has confirmed that it has mandated BNP Paribas, Deutsche Bank and JP Morgan to arrange investor meetings with a potential US Dollar 144 a/Reg S offering to follow, subject to market conditions. The Slovenes will meet investors across the US starting on the West Coast on October 15, then in Boston on October 16, and New York on October 17.

  • *Seller Rabobank evaluating the offers for Robeco- sources. *AMG/Permira plan to split up Robeco- sources. *Robeco could fetch more than 2 billion euros- sources.

  • Political objections scupper European defense deal Wednesday, 10 Oct 2012 | 9:43 AM ET

    LONDON-- A deal to create a European defense and aerospace giant to rival Boeing Co. collapsed Wednesday when Britain's BAE Systems and EADS NV called off their merger discussions. The proposed merger between BAE and Franco-German EADS, the parent of Airbus, would have created a company, with a market value just shy of Boeing's.

  • BAE management say not looking for another deal Wednesday, 10 Oct 2012 | 9:30 AM ET

    LONDON, Oct 10- Britain's BAE Systems is not looking for a tie-up with another company following the collapse of its $45 billion merger talks with Airbus parent EADS, its chief executive and chairman said on Wednesday.

  • Rabobank weighs bids for asset manager Robeco -sources Wednesday, 10 Oct 2012 | 9:28 AM ET

    LONDON/ NEW YORK, Oct 10- Dutch bank Rabobank. is weighing three offers for its asset management arm Robeco as it has to choose between bids to split the 2 billion euro plus business or keep it whole, people familiar with the situation said.

  • 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.