• New Issue- Nestle Holdings prices $500 mln 2018 bond Tuesday, 9 Oct 2012 | 12:16 AM ET

    October 9- Following are terms and conditions. of a bond priced on Tuesday.

  • Continental targets big savings in Bakken by end-2013 Tuesday, 9 Oct 2012 | 12:16 AM ET

    Oct 9- Continental Resources Inc, the top oil producer in the Bakken region, said on Tuesday it expects to cut $1 million off the cost of its average well there by the end of 2013, as it takes on one of the biggest challenges in the booming oil basin.

  • *Sources say UK, France propose broad state voting cap. *Germany said to maintain demand for parity with France. PARIS/ LONDON, Oct 9- France and Britain made a breakthrough over state shares in a merger between EADS and BAE Systems, making an extension of a deadline for negotiations more likely but putting the two nations on a collision course with Germany.

  • Egypt mulls ways to develop mobile sector Tuesday, 9 Oct 2012 | 12:12 AM ET

    CAIRO, Oct 9- Egypt's new government is studying ways to develop the mobile telecoms sector, including the idea of issuing a licence for a fourth operator, though a decision will not be taken until the first quarter of 2013, the telecoms minister said on Tuesday.

  • Afghan addicts help run daring new restaurant in Kabul Tuesday, 9 Oct 2012 | 12:12 AM ET

    KABUL, Oct 8- Inhaling deeply on a cigarette, Laila Haidari sits on the floor of a new Kabul restaurant wondering if it will one day allow her to repay an eye-watering $26,000 borrowed from friends to launch a daring project to aid Afghan drug addicts.

  • BRIEF-Carfinco increases cash dividend by 14.3% Tuesday, 9 Oct 2012 | 12:11 AM ET

    Oct 9- Carfinco Financial Group Inc:. Carfinco Financial Group Inc. announces that a cash dividend of 4.0 cents per share has been declared for October 2012, an increase of 14.3% from September's cash dividend of 3.5 cents per share. The payable date is October 31, 2012, the record date is October 19, 2012, and the ex-distribution date is October 17, 2012.

  • Austria bourse fears new EU tax will sap trade Tuesday, 9 Oct 2012 | 12:11 AM ET

    VIENNA, Oct 9- Vienna's stock exchange said on Tuesday it feared losing even more trade as a result of a tax on financial transactions set to be introduced in Austria and some other euro zone countries.

  • RIGA, Oct 9- Latvia's prime minister urged parliament members on Tuesday to support next year's deficit-cutting budget despite tensions in the centre-right coalition over demands for additional spending.

  • TEXT-Fitch Affirms Taishin Group's Ratings Tuesday, 9 Oct 2012 | 12:11 AM ET

    TAIPEI/ HONG KONG/ SINGAPORE, October 09 Fitch Ratings has affirmed the ratings of Taishin Financial Holdings Company and its subsidiaries, Taishin International Bank and Taishin Securities Co., Ltd. The Outlooks are all Stable.

  • Ministers try to limit impact of defence cuts on NATO Tuesday, 9 Oct 2012 | 12:11 AM ET

    *NATO seeks ways to make scarce funds go further. *NATO chief calls for rises in defence spending post-austerity. BRUSSELS, Oct 9- NATO ministers wrestled on Tuesday with how to prevent austerity-driven defence cuts in many member countries from undermining the power of the 63- year-old Western alliance.

  • Technical problem preventing ASX market announcements Tuesday, 9 Oct 2012 | 12:11 AM ET

    SYDNEY, Oct 9- Australian bourse operator ASX Ltd. has a technical problem that is affecting the publication of market announcements and is working to resolve it, a spokeswoman for the exchange said on Tuesday. "We are working towards a speedy resolution," the spokeswoman said.

  • Australia attracts record tourist traffic in Aug Tuesday, 9 Oct 2012 | 12:10 AM ET

    SYDNEY, Oct 9- Australia attracted a record number of tourists in August as a flood of visitors from China defied the high local dollar, helping support spending and employment in a country fretting about a cool down in its mining boom.

  • HONG KONG/ SINGAPORE, October 09 Fitch Ratings has downgraded and simultaneously withdrawn the rating on the notes of Corsair No.4 Limited Series 6 due to tranche default. The transaction is a synthetic corporate CDO referencing corporate obligations mainly in the U.S. and Europe.

  • Oct 9- Edwards Lifesciences Corp:. *S&P Capital IQ cuts Edwards Lifesciences target price to $101 from. Reuters Station users, click. 1568.

  • NEW DELHI, Oct 9- India should scrap a law that taxes asset transfers retrospectively, a government panel recommended in a draft report that could save Britain's Vodafone.

  • S.Africa stocks extend losses as rand turns course Tuesday, 9 Oct 2012 | 12:09 AM ET

    helped reverse the gains made by so-called rand hedges like British American Tobacco. "The stronger rand is causing the rand hedges to come off a little bit, that's why the market is negative," said Malcolm Moller, an equities trader at Vunani Securities.

  • TREASURIES-Bonds rise before three-year note auction Tuesday, 9 Oct 2012 | 12:08 AM ET

    *Growth, Greece worries stoke safety bids for bonds. Treasuries prices rose on Tuesday in advance of a three-year debt sale as safe-haven bids for bonds emerged on anxiety about weak global growth and Greece's ability to meet the terms of a bailout.

  • SINGAPORE Oct. 9, 2012-- Standard& Poor's Ratings Services today assigned its' BBB-' issue rating to the proposed issue of senior unsecured notes by Syndicate Bank. The rating on the notes reflects the long-term counterparty credit rating on the bank. RELATED CRITERIA AND RESEARCH-- Banks: Rating Methodology And Assumptions, Nov. 9, 2011.

  • Sotheby's autumn HK sales drop as China economy slows Tuesday, 9 Oct 2012 | 12:07 AM ET

    HONG KONG, Oct 9- Sotheby's sold HK $2 billion worth of Asian and Chinese artwork and luxury goods in its autumn sales in Hong Kong on Tuesday, a 37 percent decline from the same period last year as the market consolidates on a weaker China economy. The tally was also some 18 percent less than the $316 million Sotheby's sold in its Hong Kong spring sales.

  • BBC star may have abused girls over four decades Tuesday, 9 Oct 2012 | 12:07 AM ET

    *Allegations have put BBC in spotlight. LONDON, Oct 9- Jimmy Savile, the late BBC TV star at the centre of a child sex scandal that has shaken Britain's state-funded broadcaster, may have abused up to 25 victims some as young as 13 over four decades, police said on Tuesday.