*OPEC keeps production target unchanged. *Iraq, Iran and Libya plan to raise output. SINGAPORE, Dec 5- Brent crude edged lower towards $111 a barrel on Thursday, after OPEC agreed to renew a collective oil production cap and some members talked about raising output next year.» Read More
LONDON, Oct 12- Brevan Howard, one of the world's top hedge fund firms which three years ago moved its main office to lower-tax Geneva, is back hunting for a new home in London amid signs some traders are missing the city's buzzing nightlife.
Oct 12- Fitch Ratings has assigned Ukrainian-based mining and metals company Fintest Trading Co Limited Long-term foreign and local currency Issuer Default Ratings of' B'. The ratings are not constrained by Ukraine's sovereign ceiling so an upgrade of the sovereign ceiling would not automatically lead to an upgrade of the company's IDR.
SINGAPORE, Oct 12- The Asian naphtha price and margins ended the week at a three-session low of $985 a tonne and $123.03 a tonne respectively to mirror the fall in European values as gasoline demand softened. "The fall in margins today was a reflection of the gasoline market in Europe," said a Singapore- based trader.
DENVER-- Forest Oil is selling all of its South Louisiana properties for about $220 million as part of its plan to shed some non-core assets. Forest Oil Corp. previously announced that it is selling its East Texas natural gas gathering assets for $34 million. The Eagle Ford shale formation stretches from the western Texas- Mexico border to Louisiana.
Oct 12- Heartland Express Inc:. *Jefferies cuts Heartland Express price target to $13 from $14;. Reuters Station users, click. 1568.
Flybe adds 7.5 percent as Europe's largest regional airline says it performed in line with revised guidance in the second quarter. Tethys Petroleum drops 16.4 percent as the explorer reveals preliminary data from its AKD07 appraisal well in Kazakhstan, which traders say looks slightly disappointing.
Oct 12- Fitch Ratings has published the latest edition of Infra-Read, the semi-annual newsletter of its Global Infrastructure and Project Finance Group. Infra-Read provides a topical perspective on the current infrastructure market, consolidates recently published views on key sector dynamics into one document and includes data on portfolio trends.
CAPE TOWN, Oct 12- South African truck drivers have signed a wage deal to end a three-week strike, the freight employers group said on Friday, putting an end to a walk-out that has hit deliveries of fuel, cash and consumer goods in Africa's top economy. The strike is off immediately, "Penwell Lunga, chairman of the Road Freight Employers Association told Reuters.
*Turkey- Syria tensions, lower N.Sea output support. LONDON, Oct 12- Oil fell below $115 a barrel on Friday, as a prediction of a further decline in oil consumption and higher supplies offset concerns about potential output disruptions in the Middle East.
JOHANNESBURG, Oct 12- South Africa's currency is likely to bounce back from 3-1/ 2 year lows plumbed this week due to two months of labour unrest, central bank Deputy Governor Francois Groepe said.
NEW YORK, Oct 12- Advanced Micro Devices Inc:.
By Sarah White and Luke Jeffs. "There have been huge obstacles preventing us from making a first distribution from the general estate to unsecured creditors," said Tony Lomas, the lead administrator of Lehman Europe at PwC.
Oct 12- San Gold Corp:. *Stonecap Securities cuts San Gold Corp price target to C $1.65 from. Reuters Station users, click. 1568.
COALEY PEAK, England, Oct 12- Senseless massacre to some, a necessary evil to others, a plan to cull thousands of wild badgers to stem the spread of tuberculosis in cattle is sharply dividing rural England.
Oct 12- Anaconda Mining Inc:. *Generates $1.5 million in net income for FY Q1 2013. *Q1 earnings per share C $0.01.
COLOMBO, Oct 12- Sri Lankan stocks edged up on Friday ending four straight losing sessions, led by diversified shares like conglomerate John Keells Holdings, but foreign investors were net sellers for the second straight session.
NEW YORK-- JPMorgan Chase, the country's biggest bank, reported a record quarterly profit Friday, helped by a surge in mortgage refinancing. It worked out to $1.40 per share, blowing away the $1.21 predicted by analysts polled by FactSet, a provider of financial data. Revenue rose 6 percent to $25.9 billion, beating expectations of $24.4 billion.
*CEO resigns, board appoints successor for next phase of growth. *Says president and CEO euan s. *Names appointed Joshua Levine as president and CEO, effective immediately.
MOSCOW, Oct 12- Russian private healthcare provider MD Medical Group's London listing got off to a smooth start, with its global depositary receipts trading at a 3 percent premium to their issue price on the first morning.
MUMBAI, Oct 12- India aims to divest stakes in state-owned companies Oil India Ltd, Hindustan Copper Ltd and National Aluminium Co Ltd by November, the official in charge of the government's divestment programme said on Friday. Haleem Khan, secretary at the department of divestment, said.