*Fuel-cell focused Hyundai hedges green bets. Hyundai has leant toward engines which turn hydrogen into electricity in response to stricter emissions regulations in markets such as the United States.» Read More
FRANKFURT, Oct 9- European prompt power traded down in France on Tuesday as a one-day strike in the country's energy sector looked set to end. French day ahead baseload was down 2.85 euros on the day at 53.25 euros a megawatt hour. Germany's day ahead baseload contract was 5.40 euros up at 51.25 euros.
LAGOS, Oct 9- Nigeria's Diamond Bank rose the maximum 10 percent allowed on the bourse on Tuesday, after posting a pretax profit of 23.2 billion naira for the first nine months of the year, compared with a loss of 6.9 billion naira in the same period a year ago.
NEW DELHI, Oct 9- The U.S economy is now growing close to its potential, U.S Treasury Secretary Timothy Geithner said on Tuesday. Geithner also said during a visit to New Delhi that economic reforms in Europe "could take years and years to bear fruit".
SIENA, Italy, Oct 9- Italy's third biggest lender, Banca Monte dei Paschi di Siena, won approval on Tuesday for a capital increase of up to 1 billion euros that will be carried out by 2015.. The plan was approved by investors at an extraordinary shareholder meeting.
LOS ANGELES-- Mitt Romney may want to reconsider his campaign strategy involving the pint-size voters of tomorrow. The Republican presidential candidate skipped the chance to take part in Nickelodeon's "Kids Pick the President" special that includes President Barack Obama, said Linda Ellerbee, the show's host and executive producer.
Oct 9- Plans for an Austrian daredevil to skydive from a balloon 23 miles over the New Mexico desert were on hold on Tuesday due to winds, but his team said the death-defying stunt could still happen later in the day.
*Bank of France, Bank of Spain, Bank of Italy decline to comment. FRANKFURT, Oct 9- Plans to establish a euro zone bank regulator by Jan. 1, 2013, may be delayed by a year, Germany's markets regulator said on Tuesday, a potential setback to efforts to help distressed euro zone countries and their banks.
Oct 09-=============================================================================== Summary analysis-- Cabot Financial Ltd.-------------------------- 09- Oct-2012=============================================================================== CREDIT RATING: BB-/Stable/-- Country: United Kingdom Primary SIC: Misc. business credit institutions=============================================================================== Credit Rating History: Local currency Foreign currency 10- Sep-2012 BB-/-- BB-/--=============================================================================== Rationale.
Oct 9- Baxter International Inc:. *Says expects to increase sales approximately 5 percent over its five-year long-range plan. *Sees generating cash flow from operations of approximately $4.5 billion by the year 2017.
SAN FRANCISCO-- California has set a state record for gasoline prices _ but the hikes may be slowing. The highest average price in the state, at $4.75, is in the San Luis Obispo, Atascadero and Paso Robles area.
NEW YORK, Oct 9- Intel Corp:.
The U.S. House of Representatives' Intelligence Committee urged American companies on Monday to stop doing business with Huawei Technologies Co Ltd and ZTE Corp., warning that China could use equipment made by the companies to spy on certain communications and threaten vital systems through computerized links.
Oct 9- Marathon Petroleum Corp:. *Oppenheimer raises Marathon Petroleum Corp price target to $70 from. Reuters Station users, click. 1568.
SAN FRANCISCO-- Exactly one month from Election Day, Republican Mitt Romney and President Barack Obama are both declaring they will win a race for the White House that remains anything but clear. Their trails are crossing again in Ohio, the state that could decide the election, and signs of urgency are emerging from each campaign.
*De Guindos denies Spain's forecasts are too optimistic. LUXEMBOURG, Oct 9- The euro zone believes Spain's budget cuts should take account of its recession, its economy minister said, as regional policymakers debated whether to let the country slacken the pace of its austerity drive.
BUCHAREST, Oct 9- Romania's unemployment rate edged up to 5.0 percent in September from August's 4.9 percent and was 12 basis points higher than a year before, the national employment agency said on Tuesday.
LONDON-- British police on Monday arrested the man who told journalists he was responsible for scrawling graffiti on a mural by modern American master Mark Rothko at London's Tate Modern museum.
GENEVA-- Swiss private bank Julius Baer says it plans to cut about 1,000 jobs from Merrill Lynch's wealth management operations outside the United States following a deal to buy the unit from Bank Of America.
Oct 9- Freddie Mac, the No. 2 U.S. home funding company, said it will sell $2 billion bills on Tuesday. The sale will include $1 billion three-month bills due Jan. 7, 2013, and $1 billion six-month bills due April 8, 2013. Bids will be accepted from authorized dealers until 9:45 a.m. EDT.
NEW YORK-- Jim Lehrer said Monday that he accomplished precisely what he wanted to while moderating the first presidential debate: get Mitt Romney and Barack Obama talking to each other.