KATMANDU, Nepal— China says it's ready to help develop Nepal's power industry to alleviate severe electricity outages that can last up to 12 hours a day in the Himalayan nation. Nepal is trying to woo investment from its giant neighbors China and India. China's state-backed Three Gorges International Corp. is negotiating with Nepal over construction of a $1.6...» Read More
*Credit Suisse cuts European insurance to benchmark from overweight. For a summary of rating actions and price target changes on European companies:. Reuters Station users, click. 1580.
BAGHDAD, Oct 2- Iraq's Finance Ministry has begun paying an initial $650 million to Iraqi Kurdistan for oil companies working in the autonomous region, Deputy Prime Minister Rosh Nuri al-Shawish told Reuters on Tuesday.
*Credit Suisse raises U.S. banks to overweight from benchmark. Reuters Station users, click. 1568. Reuters Station users, click. 4899.
*Mondelez has $36 bln revenues, 100,000 employees. *Mondelez able to pass on commodity prices to consumers. ZURICH, Oct 2- Mondelez International Inc, which ranks as the world's biggest chocolate, candy and biscuit maker after being carved out of Kraft Foods Inc, is optimistic busy consumers will keep driving booming demand for snacks despite the downturn.
*Citigroup raises Ratio to buy from neutral. *Citigroup raises Avner Oil Exploration LP target price to shekels. *Citigroup raises Delek Drilling LP target price to shekels 18.15.
Oct 2- Zoltek Companies Inc:. *Needham raises Zoltek Companies Inc to buy from hold. Reuters Station users, click. 1568.
Oct 2- Vascular Solutions Inc:. *Benchmark raises Vascular Solutions Inc price target to $17 from. Reuters Station users, click. 1568.
Oct 2- Healthcare Services Group Inc:. *Benchmark cuts Healthcare Services Group Inc to hold from buy. Reuters Station users, click. 1568.
Oct 2- North Country Gold Corp:. *RBC cuts North Country Gold Corp price target to C $0.60 from C $0.90;. Reuters Station users, click. 1568.
U.S. stock index futures pointed to a higher open on Wall Street on Tuesday, with futures for the S&P 500, the Dow Jones and the Nasdaq 100 up between 0.2 and 0.3 percent. CNBC Mad Money host Jim Cramer said the Internet company has "real value because it has some really terrific assets", and new Chief Executive Marissa Mayer is committed to unlocking its value.
*RBC raises Keyera Corp price target to C $53 from C $52; rating. Reuters Station users, click. 1568. Reuters Station users, click. 4899.
LISBON, Oct 2- A 500 million euros cash call by Portugal's Millennium BCP, was fully subscribed by private investors, meaning the state will not become a shareholder, the bank's chief executive said.
Oct 2- Labrador Iron Mines Holdings Ltd:. *RBC cuts Labrador Iron Mines Holdings Ltd price target to C $2 from. Reuters Station users, click. 1568.
*Commission cannot force member states to apply recommendations. BRUSSELS, Oct 2- Europe's nuclear reactor fleet needs investment of 10 billion to 25 billion euros, a draft Commission report said, following a safety review designed to ensure there is never a repeat of the Fukushima nuclear disaster.
Oct 2- Kinross Gold Corp:. *RBC raises Kinross Gold Corp to outperform from sector perform. *RBC raises Kinross Gold Corp price target to $14 from $11.
BEIJING, Oct 2- China's most famous political dissident, Ai Weiwei, said on Tuesday authorities have revoked the business licence of the company that produces his art in what he maintains is a trumped up case for criticising the government.
Oct 2- Plains Exploration& Production Co:. *Pxp provides production and Gulf of Mexico acquisition financing updates. *Q3 preliminary daily sales volumes averaged about 105,000 barrels of oil.
October 2- Following are terms and conditions. of a bond priced on Tuesday.
Oct 2- Nautilus Minerals Inc:.