Ambassador James Jeffrey, former Deputy National Security Advisor, provides insight into the conflict in the Middle East and relationship between the U.S. and Israeli government.» Read More
*Unrest in Turkey- Syria raises regional security worries. LONDON, Oct 4- Brent crude oil rose almost $2 per barrel on Thursday after skirmishes along the Turkey- Syria border raised fresh concerns over the security of Middle Eastern oil supplies.
JOHANNESBURG, Oct 4- Thirty-one former South African miners launched a case against world no. 3 bullion producer AngloGold Ashanti on Thursday in the Johannesburg High Court, saying they contracted the lung disease silicosis while working in its shafts.
Oct 4- Oil rig maker Lamprell Plc said Chief Executive Nigel McCue would step down and Peter Whitbread would be an interim replacement.
LONDON, Oct 4- Retailer United Carpets Group. The company said it had appointed administrators Begbies Traynor and sold the firm to a wholly-owned subsidiary.
LONDON, Oct 4- Consumer goods group Unilever Plc/ NV is looking at a possible sale of its Skippy peanut butter business based in the United States and Canada which could, if sold, fetch around $400 million.
Oct 4- Rupert Murdoch conceded defeat this week in his battle with Google and the Internet, an adversary even more powerful than the British government. Coincidentally, News Corp, Murdoch's holding company, announced the departure of its chief digital officer, Jonathan Miller.
LONDON, Oct 4- Barclays announced a shake up at its investment banking business on Thursday aimed at streamlining the business and creating regional chiefs as it positions itself for a more challenging outlook for the industry.
Oct 4- Tesla Motors Inc Chief Executive Elon Musk dismissed fears the electric carmaker was in financial trouble and said it was making an advance payment on the federal loan used to make its Model S sedan.
LONDON, Oct 4- "Asset managers are emerging from their comfortable burrow to face a battery of lights." Sheila Nicoll, Director of Conduct Policy at Britain's Financial Services Authority, had perhaps been reading Kenneth Grahame before her recent speech, and her words are likely to have sent a chilly wind through the willows of the UK funds industry.
*HSBC to focus Islamic business on Malaysia, Saudi Arabia and Indonesia. *Some job cuts at Amanah unit, rest to be merged into HSBC By David French. DUBAI, Oct 4- HSBC Holdings is to significantly scale back its global Islamic banking operations, it said on Thursday, as part of a wider restructuring at the U.K.- based bank.
The ECB's decision was widely expected and the market was more focused on what ECB president Mario Draghi will say in his post-meeting news conference about Spain and the prospect that it will trigger the bank's new bond buying programme. "What is key for euro/dollar going forward is going to be Spain," said Michael Sneyd, FX strategist at BNP Paribas.
LONDON, Oct 4- Carlyle Group plans to add 260 million pounds of debt to its UK roadside rescue business RAC to pay itself a dividend, in a move that could encourage other private equity firms to follow suit amid a dearth of buyout deals. Carlyle said on Thursday BNP Paribas and Deutsche Bank were the main coordinators of the loan.
LONDON, Oct 4- Alternative Energy Ltd:. *Proposed placings and significant transactions. *Proposing preferential offering for shares up to $4.8 MLN; also to raise $3.
LONDON, Oct 4- European shares turned fractionally lower on Thursday afternoon after the European Central Bank president Mario Draghi said the bank's governing council had not discussed possible future rate cuts. The ECB kept its interest rates on hold on Thursday.
LONDON-- London's mayor says the British government is risking economic catastrophe by not quickly expanding airport capacity. Under pressure to build a third runway at Heathrow, London's busiest airport, the government has ordered a review into airport capacity.
LONDON, Oct 4- United Carpets Group PLC:. *On 4 Oct David Robert Acland and Lila Thomas of Begbies Traynor were appointed joint administrators of unit. *The business and the majority of the assets of ucn were sold to United.
*EU Commission writing strategy to tackle attacks. BRUSSELS, Oct 4- European Commission computer experts orchestrated attacks on mock Internet sites in Europe's largest ever cyber-security exercise on Thursday to uncover weaknesses in the computer systems of major European banks.
DUBAI, Oct 4- HSBC Holdings is to significantly scale back the presence of its global Islamic banking operations, it said on Thursday, as part of a wider restructuring at the U.K.- based bank.
FRANKFURT, Germany-- BORN _ Sept. 3, 1947, Rome, Italy. PROFESSIONAL EXPERIENCE _ Took office on Nov. 1, 2011 as third president of the European Central Bank, after being appointed by leaders of the 17 eurozone countries. Served on the 23- member governing council of the European Central Bank, which sets interest rates for the 17 countries that use the euro.
FRANKFURT, Oct 4- BASF the world's largest chemicals maker, will cut costs at its construction chemicals unit and sell a Swiss business due to a decline in demand from Southern Europe and Britain, the company said on Thursday.