Jason Poblete, Poblete Tamargo partner, discusses how additional sanctions that target key areas will likely impact Russia's economy. At the heart of this issue is energy, says Poblete.» Read More
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.
By Saeed Azhar and Kelvin Soh SINGAPORE/ HONG KONG, Oct 4- Standard Chartered's.
*Recession, capital outflows biggest threat to Spain rating. *ESM, ECB could stem decline in Spain. Spain, which continues to resist making a formal request for aid, is expected to see its economy shrink substantially over the next two years as the combination of high unemployment, painful spending cuts and an exodus of capital bites.
Now, at 25 a veteran anti-abortion campaigner in the semi-autonomous UK province of Northern Ireland, she's committed to a fight to ensure the abortion law in neighbouring Ireland remains one of the world's strictest, preventing terminations in nearly all circumstances.
*Evraz buys out management stake in Raspadskaya. MOSCOW/ LONDON, Oct 4- Russia's Evraz has agreed to take control of coal miner Raspadskaya in an $800 million deal that will make the steelmaker self-sufficient in coking coal and turn it into Russia's largest producer of the steel ingredient.
*UK gas network undersupplied by 12 mcm/day. LONDON, Oct 4- British prompt gas prices rose on Thursday after a power failure temporarily halted output from Norway's Kollsnes gas processing plant that feeds pipelines supplying the UK.
*Morgan Stanley in commodities talks with Qatar for a year. DUBAI/ LONDON, Oct 4- Morgan Stanley's talks with Qatar's sovereign wealth fund over the sale of its commodities business have run into difficulty, and the deal may need to be reworked if it is to go ahead, banking sources said.
*Unrest in Turkey- Syria raises regional security worries. LONDON, Oct 4- Brent crude oil rose above $109 per barrel on Thursday as escalating tensions between Syria and Turkey raised more concerns over the security of oil supplies from the Middle East.
LONDON, Oct 4- Norddeutsche Landesbank, one of Germany's largest wholesale banks, is poised to issue a 144 a covered bond, the first US dollar offering of its kind since 2006.. German banks have been absent from the 144 a space since November 2006, when Essen Hypo sold a USD1.25bn long five-year that matured in January 2012.
LONDON, Oct 4- Russian bond trading is set to become easier for the world's top investment banks under a deal cut by the Russian stock market and one of Europe's top share settlement firms.
LONDON, Oct 4- The Bank of England shied away from stepping up its programme of government bond buying on Thursday, as the economy is showing signs of growth and new schemes to boost credit may yet spur lending.
LONDON, Oct 4- Private equity firm Carlyle Group. has hired BNP Paribas and Deutsche Bank to arrange a 260 million pound loan for UK roadside rescue business RAC to pay itself a dividend. Bank of America Merrill Lynch, Credit Suisse, HSBC, JPMorgan and UBS are also bookrunners on the deal, the banks and the company said in a statement.
LONDON-- The Bank of England has held its key lending rate at the all-time low of 0.5 percent for the 44th month and decided not to increase its economic stimulus program of bond purchases. Thursday's announcement by the Bank's Monetary Policy Committee was widely expected.