The U.S. will join the European Union this week in slapping new economic sanctions on Russia for its continued support of separatists in Ukraine.» Read More
*FTSE 100 down 0.8 percent. *Miners sag as World Bank cuts Asia growth. By 0741 GMT, the FTSE 100.
*Oil dips below $112 as World Bank cut Asian growth outlook* Euro edges down 0.4 pct to $1.2970. The World Bank cut its estimate for East Asian growth including for China, and this has undone some of the positive sentiment that followed Friday's sharp drop in U.S. unemployment for September.
"Invesco believes BAE is a strong business with distinctive positions in the global defence market, especially in the U.S. and UK, and good stand-alone prospects," it said, adding that it had, on and off, owned shares in BAE for over 20 years.
LONDON, Oct 5- Investors staring squarely at the U.S. fiscal cliff may well be ignoring a bigger monetary policy pitfall. But with such an agreement as dependent on the makeup of the House and Senate as the occupier of the White House, this budgetary uncertainty has been parked in "watch, wait and see" mode "until the election outcome becomes clearer.
OSLO, Oct 8- Norwegian gas exports to Europe rose on Monday morning from the previous day as production from a major gas processing plant has reached full capacity, gas system operator Gassco said. Exports to Europe including Britain rose by 18.9 million cubic metres to 312.9 mcm per day by 0600 GMT compared with the 294 mcm daily average on Sunday.
LONDON, Oct 8- European shares traded lower early on Monday, surrendering some of the strong gains made in the previous sessions, as weak economic estimates for Asia hurt sentiment and investors start to position for a weak earnings season.
LONDON Oct 8- Britain's top share index fell early on Monday, exhibiting weakness after gains in the previous session and overnight falls in Asia, with some caution building among investors ahead of the start of the new earnings season.
LONDON, Oct 8- Petmin Ltd:. in kwazulu-natal in South Africa. representatives and amcu unions on October 7.
LONDON, Oct 8- Explorers Aminex and Solo Oil said they were seeking a partner to help pay for their hunt for oil and gas in Tanzania, a country attracting high interest from oil majors who see East Africa as a new hydrocarbon producing region.
LONDON, Oct 8- Aquarius Platinum Ltd:.
LONDON, Oct 8- The largest shareholder in BAE. "Invesco has, on and off, owned shares in BAE for over twenty years," it said in a statement. "Invesco believes BAE is a strong business with distinctive positions in the global defence market, especially in the U.S. and UK, and good stand-alone prospects.
*Underlining the uncertain outlook, the World Bank cut its growth forecasts for the East Asia and Pacific region on Monday and said there was a risk the slowdown in China could get worse and last longer than expected.
LONDON, Oct 8- Mwana Africa PLC:.
LONDON, Oct 8- Rathbone Brothers PLC:.
LONDON, Oct 8- Wincanton PLC:.
LONDON, Oct 8- British Land:.
LONDON, Oct 8- Development Securities PLC:.
Oct 8- The following are the top stories in the Wall Street Journal on Monday. *Government officials negotiating terms for the proposed merger of BAE Systems and Airbus parent EADS remain deadlocked over key issues including state ownership stakes.
Lavrov speaks to the Association of European Business in Russia on EU-Russia relations in the context of Russian WTO membership and Eurasian integration processes. Crown Princess Mary of Denmark visits St. Petersburg.
LONDON, Oct 8- Metro Baltic Horizons Plc:.