Business News


  • Lagardere asks EADS to rethink BAE merger plan Monday, 1 Oct 2012 | 1:13 AM ET

    PARIS, Oct 1- Key French EADS shareholder Lagardere said on Monday the conditions attached to a planned merger of the European aerospace group with Britain's BAE Systems were unsatisfactory and called on management to reexamine the project.

  • Singapore shares fell, largely in line with regional markets, after the latest survey of factory managers showed China's economy is seeing a seventh straight quarter of slowing growth. One of the biggest decliners on the Singapore bourse was Wilmar International Ltd, which eased as much as 2.2 percent to S $3.18.

  • Swiss stocks - Factors to watch on Oct. 1 Monday, 1 Oct 2012 | 1:09 AM ET

    ZURICH, Oct 1- Swiss stocks were set to open slightly lower on Monday, adding to Friday's losses as concerns mount over Spain's economic crisis and as data signal further evidence of slowing growth in China.

  • ANKARA, Oct 1- Turkey has raised the consumer price of natural gas by 9.8 percent from Monday in line with increasing global energy costs, state energy company Botas announced.

  • Malaysia's closing tin prices for Oct 1 Monday, 1 Oct 2012 | 1:05 AM ET

    KUALA LUMPUR, Oct 1- Following is a table of Kuala Lumpur tin market prices provided by a Malaysian trader. Date KL Premium/ Spot Bid Offer Final Volumes* Oct 1 21,600 41 18 28 175 Sept 28 21,500 121 15 21 685* Shipping to Europe. #E, J and M signify purchases by European, Japanese, and Malaysian buyers.

  • BANGKOK, Oct 1- Annual inflation in Thailand jumped to 3.38 percent in September from 2.69 percent in August but that was due in part to a low base last year and inflationary pressures are generally under control, so economists do not expect interest rates to rise.

  • German stocks - Factors to watch on Oct. 1 Monday, 1 Oct 2012 | 1:04 AM ET

    Commerzbank on Saturday declined to comment on a magazine report that it planned to pay no dividend for its 2013 financial year.

  • TABLE-Details of Indonesia Sept inflation Monday, 1 Oct 2012 | 1:04 AM ET

    JAKARTA, Oct 1- The following is a detailed breakdown of Indonesia's September consumer price index released by the country's statistics bureau on Monday.

  • The Ho Chi Minh Stock Exchange's VN Index fell by midday as investors sold shares on worries about bad debts, inflation and corporate performance, analysts said.

  • African Markets - Factors to watch on Oct 1 Monday, 1 Oct 2012 | 1:03 AM ET

    *NAIROBI- Industry regulator Tea Board of Kenya releases performance report. global growth, with data from Japan to China underscoring sluggish business. weakness in China and Japan as well as persistent worries about the.

  • *JMP Securities raises ViroPharma Inc price target to $38 from $30;. Reuters Station users, click. 1568. Reuters Station users, click. 4899.

  • BANGKOK, Oct 1- Annual inflation in Thailand jumped to 3.38 percent in September from 2.69 percent in August but that was due in part to a low base last year and inflationary pressures are generally under control, so economists see no reason to raise rates.

  • JAKARTA, Oct 1- Indonesian exports in August tumbled 24.3 percent from a year earlier, twice as much as forecast, and imports surprisingly fell, leaving the country with its first trade surplus since March.

  • Oct 1- Maruti Suzuki India Ltd's. NOTE: Maruti Suzuki India, controlled by Japan's Suzuki Motor Corp. The carmaker's production loss was about $250 million during July and August due a shutdown at its Manesar factory.

  • Human rights in focus at U.S. Supreme Court Monday, 1 Oct 2012 | 1:00 AM ET

    Oct 1- The U.S. Supreme Court, back in session today after its summer recess, is expected to take up a closely watched case that could help it decide whether American judges are empowered to hear lawsuits over human rights atrocities abroad.

  • Oct 1- Coronet Metals Inc:. *Announces board and management changes. *Says stephen stine was appointed CEO and COO.

  • Dundee Capital Markets raises Kinross Gold to buy Monday, 1 Oct 2012 | 12:58 AM ET

    Oct 1- Kinross Gold Corp:. *Dundee capital markets raises Kinross Gold Corp to buy from neutral;. raises price target to C $13.00 from C $9.50.

  • Kazakhstan Sept inflation quickens to 0.6 pct m/m Monday, 1 Oct 2012 | 12:57 AM ET

    ALMATY, Oct 1- Inflation in Kazakhstan accelerated to 0.6 percent month-on-month in September from 0.3 percent in August, data released on Monday by the State Statistics Agency showed.

  • MARKET EYE-Indian shares flat; IT sector recovers Monday, 1 Oct 2012 | 12:57 AM ET

    gains 0.03 percent, while the 50- share NSE index is down 0.08 percent, in a quiet trading session ahead of a public holiday on Tuesday. *Little reaction seen from data on Friday showing India's current account deficit shrank in the April-June period from an all time high in the previous quarter, as the fall had been widely expected.

  • New Delhi, Oct 1- India's Kingfisher Airlines Ltd. "A section of employees of Kingfisher Airlines has not been reporting for work over the last fortnight and over the past two days, they have been threatening and even manhandling the other employees who are reporting for work," Kingfisher spokesman Prakash Mirpuri said in a statement.

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