*OPEC not expected to announce output cut this week. SINGAPORE, June 2- Crude oil dipped on Tuesday on expectations that OPEC would not cut output at its meeting this week, but firm refinery demand curbed price losses. "Investors remained cautious heading into the OPEC... meeting this Friday, with Brent coming under the most selling pressure," ANZ bank said on Tuesday.» Read More
ABUJA, Oct 10- Nigerian President Goodluck Jonathan presented the country's 2013 budget to parliament on Wednesday, saying the budget deficit would fall to 2.17 percent in 2013, down from 2.85 percent in 2012.. He urged parliament to accept a tighter budget because of ongoing uncertainty over oil prices. Oil makes up around 80 percent of Nigeria's revenues.
SINGAPORE, Oct 10- Dynasty Real Estate Investment Trust, which owns Chinese assets, on Wednesday filed the prospectus for what will be Singapore's first yuan-denominated initial public offering.
Oct 10- NxStage Medical Inc:. *Wells Fargo raises NxStage Medical Inc to market perform from. Reuters Station users, click. 1568.
SOFIA, Oct 10- Bulgaria's government approved on Wednesday a 2013 budget draft that aims to keep the fiscal deficit down and also allow a hike in state pensions after a three-year freeze, Finance Minister Simeon Djankov said.
LONDON/ MOSCOW, Oct 10- Russian president Vladimir Putin backs BP's plan to sell its 50 percent stake in TNK-BP to state oil group Rosneft, the Financial Times reported on Wednesday, citing an interview with Rosneft Chief Executive Igor Sechin.
SEOUL, Oct 10- Samsung Electronics Co plans to unveil a smaller version of its popular Galaxy S III flagship smartphone in Europe on Thursday, the head of Samsung's mobile business said, raising competition against Apple Inc's.
SINGAPORE, Oct 10- Singapore conglomerate Fraser and Neave Ltd, the takeover target of a Thai tycoon, said it had rebuffed a S $1.4 billion bid for its hospitality and serviced residence business.
Oct 10- The decision by the US House Intelligence Committee to label Huawei and ZTE as threats to US national security- largely on the premise of potential Chinese state influence- underlines once again the difficulties facing the Chinese telecom equipment makers as they seek to expand across major developed markets.
KIGALI, Oct 10- Rwanda's year-on-year urban inflation rate fell to 5.63 percent in September from 5.81 percent a month earlier, the statistics office said on Wednesday.
ZAGREB, Oct 10- Croatia will choose by next April its strategic partner in the construction of a 500- megawatt thermal power plant in the northern Adriatic, Deputy Prime Minister Radimir Cacic said on Wednesday. The bidders were Italy's Edison, KOSEP from South Korea, Marubeni from Japan and Poland's POL-MOT.
AMSTERDAM/ BRUSSELS, Oct 10- EU antitrust regulators will next week tell United Parcel Service Inc that its bid for TNT Express is anti-competitive, a person close to the matter said on Wednesday, ratcheting up pressure on the U.S. company to offer concessions.
LONDON, Oct 10- The UK's National Grid expects peak gas demand at 516 million cubic meters/day in the coming winter, 9 mcm/day above its preliminary forecast, it said in its outlook report on Wednesday.
*RBC starts Ventas Inc with outperform rating. Reuters Station users, click. 1568. Reuters Station users, click. 4899.
*RBC starts HCP with sector perform rating. Reuters Station users, click. 1568. Reuters Station users, click. 4899.
LONDON, Oct 10- British insurers on Wednesday welcomed a court decision on the timing of a planned increase in personal injury awards, saying it would save them 300 million pounds.
*Doubts over German backing for $45 bln aerospace merger* UK Takeover Panel deadline at 1600 GMT* BAE shares down 1.6 pct By Sophie Sassard and Jason Neely LONDON, Oct 10- EADS and BAE Systems.
BAGHDAD-- Iraq's top energy official is predicting that the country's current oil production of 3.4 million barrels per day will double by 2015.. Deputy Prime Minister Hussein al-Shahristani on Wednesday also said Iraq's long term target is to produce up to 10 million barrels of oil daily by 2020..
Oct 10- Standard& Poor's Ratings Services said today that it had affirmed its' BBB-' long-term and' A-3' short-term issuer credit ratings on seven government-owned banks in India. Bank of India IDBI Bank Ltd. Indian Overseas Bank Indian Bank State Bank of India Syndicate Bank Union Bank of India.
LONDON, Oct 10- European shares extended earlier losses on Wednesday, after a rise in the one-year bond yields of Italy highlighted persistent worries over the euro zone's sovereign debt crisis.
MUMBAI, Oct 10- India's Mahindra& Mahindra Financial Services Ltd plans to raise 1 billion rupees through private placement of 2- year bonds at 9.55 percent, a source with direct knowledge of the deal said on Wednesday.