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  • Vringo spikes after filing patent suit against ZTE Monday, 8 Oct 2012 | 11:53 AM ET

    NEW YORK-- Shares of Vringo, which buys and licenses patents, jumped more than 16 percent in heavy trading Monday, after the company said it filed a patent infringement lawsuit against ZTE Corp.' s U.K. subsidiary.

  • *World Bank says China economic slowdown may worsen. NEW YORK, Oct 8- Oil prices eased on Monday on concerns that slower economic growth in China and the debt crisis in Europe will curb demand for petroleum, while the potential for Middle East turmoil to disrupt supplies limited losses.

  • LONDON, Oct 8- Sanofi Pasteur MSD, the vaccine joint venture of Sanofi and Merck& Co, has recalled some batches of its typhoid vaccine because of concerns about effectiveness, Britain's drug regulator said on Monday.

  • France's richest man to get honorary knighthood Monday, 8 Oct 2012 | 11:44 AM ET

    LONDON-- He's taken heat for talking about moving from France to Belgium to avoid high taxes _ and now he's raising eyebrows with an honor from the British Queen. Bernard Arnault, the luxury goods chief who is France's wealthiest man, is set to receive an honorary knighthood in Britain.

  • LONDON/ PARIS, Oct 8- Britain, France and Germany pushed on with talks on Monday aiming to prevent a disagreement over state shareholdings wrecking a proposed merger of EADS. Plans by Airbus parent EADS and UK arms firm BAE Systems to create the world's largest aerospace and defence company must overcome a knot of political concerns over security and jobs.

  • European shares hit by weak Asian growth outlook Monday, 8 Oct 2012 | 11:33 AM ET

    *World Bank downgrade to Asia forecasts hits stock markets* Several traders favour buying on dip vs selling on rally* Investors brace for weak Q3 European earnings season By Sudip Kar-Gupta.

  • U.S. stocks declined after the World Bank cut growth forecasts for East Asia, highlighting concerns about the global economic climate and corporate profits on the cusp of the quarterly earnings season.

  • STOCKHOLM, Oct 8- Scientists from Britain and Japan shared a Nobel Prize on Monday for the discovery that adult cells can be transformed back into embryo-like stem cells that may one day regrow tissue in damaged brains, hearts or other organs.

  • U.S. collector slams "trophy hunters" inflating art Monday, 8 Oct 2012 | 11:26 AM ET

    *Benedict Silverman selling important art collection. LONDON, Oct 8- A U.S. art collector whose 20th century paintings from Germany and Austria are valued at more than 100 million pounds has attacked what he called "trophy hunters" who have driven prices higher and created a bubble in the market.

  • PARIS, Oct 8- France must be given the option of buying shares from media group Lagardere as part of a proposed merger between EADS and BAE, a French government source said on Monday. "If France does not even have the possibility to consider buying the stake which Lagardere wants to sell, then for us it is not doable," the source said.

  • JPM calms collateral fears Monday, 8 Oct 2012 | 11:22 AM ET

    LONDON, Oct 8- Concerns of a collateral shortfall may have been overplayed as the universe of AAA/AA bonds growing by around USD1trn per year according to analysts at JP Morgan. The IMF predicts that USD9trn of AAA/AA assets will disappear from the market by 2016 as further sovereign issuers suffer downgrades.

  • LONDON, Oct 8- Carillion PLC:. *Has been named as the preferred bidder for the Birmingham energy savers. *The eight-year bes contract is estimated to be initially worth up to  £600.

  • LONDON, Oct 8- A UBS trader raised the issue of a "slush account" in an electronic chat with accused fraudster Kweku Adoboli in March 2011, a London court heard on Monday. Appearing as a witness at Adoboli's criminal trial, trader Darren Bailey said he was "genuinely shocked" by the comment he himself had made and did not know what he was referring to at the time.

  • WAfrica Crude-Diffs pressured as buying slack Monday, 8 Oct 2012 | 11:19 AM ET

    LONDON, Oct 8- West African crude oil differentials slipped on Monday as a glut of unsold cargoes for loading in November showed that a range of grades were out of favour. Demand from China was reported to be lower, in part due to refinery outages and the closure of three Sinopec plants due to environmental problems.

  • LONDON/ PARIS, Oct 8- A group of seven multinational companies has told the British government that they could halt their investment in the UK green energy sector if state support for renewable energy wanes.

  • LONDON, Oct 8- Richland Resources Ltd:. *Tanzania ministry has informed co it will not provide support to mining. *Ministry informed co it will not provide support until claim for unpaid.

  • AKTAU, Kazakhstan, Oct 8- An outspoken critic of Kazakhstan's veteran president was jailed for seven-and-a-half years on Monday for colluding with a fugitive billionaire in a failed attempt to rally oil workers to bring down the government.

  • Morgan Stanley's Qatar head Khalid al-Subeai resigned last week to join the investment banking division of unlisted Barwa Bank, while Goldman's Qatar Chief Executive Tamim al-Kawari has joined investment bank QInvest, part-owned by Qatar Islamic Bank, as deputy CEO, according to several sources aware of the matter.

  • Gazprom expands Nord Stream without gas supply rise Monday, 8 Oct 2012 | 10:55 AM ET

    MOSCOW, Oct 8- Gazprom on Monday launched the second line of the Nord Stream pipeline which brings Russian gas to Germany via the bed of the Baltic Sea, but actual gas volumes remained unchanged due to lack of sufficient growth in demand.

  • By Matt Falloon and Guy Faulconbridge. BIRMINGHAM, England, Oct 8- Britain's Conservatives would slash government spending on welfare by 10 billion pounds a year if re-elected, finance minister George Osborne said on Monday, though he offered few ideas on how to bring the economy out of recession.