Nov 26- Puerto Rico's public transit system will shut down on Monday if lawmakers do not increase a tax on oil, the U.S. commonwealth's Government Development Bank said, accusing politicians of taking an "irresponsible" gamble on the island's economy. The possible shutdown of Puerto Rico's buses and commuter train services, affecting 75,000 commuters, would be a...» Read More
BRUSSELS, Oct 2- Shares in Ablynx hit a new one-year high after the Belgian drug developer announces it is entering into a potentially lucrative partnership with Merck& Co.
Oct 02- Fitch Ratings has affirmed eight classes from three Torrens series- Series 2005-1 TORRENS Trust, Series 2005-3 TORRENS Trust, and TORRENS Series 2006-1. As of 31 August 2012, the 30+ day delinquencies of the collateral pools were 2.05%, 2.1% (Series 2005-3 TORRENS Trust) and 2.43% (TORRENS Series 2006-1).
PARIS, Oct 2- European shares fell early on Tuesday, surrendering a portion of the previous day's rally as doubts over whether or not debt-stricken Spain will request a bailout kept investors on edge.
COPENHAGEN, Oct 2- Shares in Danish shipping company Torm A/S jumped 36.5 percent after it said banks had thrown it a lifeline consisting of a $100 million new working capital facility and deferred installments on its $1.8 billion of debt.
NEW DELHI, Oct 2- India's Kingfisher Airlines. will take a call on lifting a partial lockout on Oct. 4, Chief Executive Sanjay Aggarwal said on Tuesday. The airline is engaging in talks with employees, Aggarwal told reporters after a meeting with the country's aviation regulator.
*Espirito Santo Investment Bank cuts Telefonica SA to sell from. *Espirito Santo Investment Bank cuts KPN fair value to 5.30 euros. Reuters Station users, click. 1580.
PARIS, Oct 2- Alstom SA:.
TAIPEI, Oct 2- The table below shows the daily net trading in Taiwan stocks by three major categories of institutional investors, in millions of Taiwan dollars. A negative figure indicates net selling.
BUCHAREST, Oct 2- Romanian industrial producer prices. rose 7.2 percent on the year in August and were up 1.3 percent on the month, data from the National Statistics Board showed on Tuesday. Following is a table of August industrial producer price figures.
FRANKFURT, Oct 2- Deutz AG:. *CORRECTED-DEUTZ AG SAYS AB VOLVO HOLDS 25 PCT IN. COMPANY AS OF SEPT. 12.
MADRID, Oct 2- Spain's jobless rate rose by 1.7 percent in September from a month earlier, or by 79,645 people, leaving 4.7 million people out of work, data from the Labour Ministry showed on Tuesday. This was the second month the jobless figures rose after a respite during the summer tourism season.
ATHENS, Oct 2- Here are news stories, press reports and events, which may affect Greek financial markets on Tuesday:. announced plans on Monday to pay Alpha Bank. Investors' concerns about a possible disintegration of the euro zone in the next year eased in September, helped by the European Central Bank's pledge to buy ailing states' bonds, a survey showed on Monday.
LISBON, Portugal-- The peaceful retirement of Teresa Dourado is about to be shattered. The 77- year-old widow raised two children with her husband in their fourth-floor apartment behind Lisbon's Campo Pequeno bull-ring.
Oct 2- In a widely expected show of force Boeing Co's engineers and technical workers rejected a pay offer late Monday, setting the stage for talks to resume Tuesday for labor agreements covering 23,000 workers.
Oct 02- Standard& Poor's Ratings Services today said that it had assigned its' BB+' long-term rating to the proposed US $4.5 billion senior secured credit facility to be issued by FMG Resources Pty Ltd., the funding arm of Australian iron ore mining company, Fortescue Metals Group Ltd.. The rating is subject to the terms and conditions of the final documents.
DUBAI, Oct 2- State-owned Dubai Real Estate Corp. has taken over the management of Zabeel Investments, the indebted firm owned by Dubai's crown prince, the chief executive of Investment Corporation of Dubai said on Tuesday. It owns the lavish Zabeel Saray hotel on Dubai's man-made Palm Jumeirah island.
MOSCOW, Oct 2- Russia's central bank may hold or raise interest rates at its policy meeting this week, a senior official said on Tuesday, signalling the bank's tightening bias after its surprise rate hike last month.
LONDON, Oct 2- FirstGroup said it was preparing to take over the running of Britain's West Coast rail line Later this year, despite a legal appeal over the contract award by incumbent Virgin Trains.
FuturesTechs recommends selling December Euro STOXX futures, saying the contract is poised to extend its recent pullback and faces a further 4.4 percent downside from Monday's close.