*No evidence of systemic risk or deals unravelling in China- industry. LONDON, March 12- Copper extended losses for a fourth straight session on Wednesday, sinking to fresh 44- month lows on persistent worries about the potential for credit problems in China to unleash metal from inventories.» Read More
SHANGHAI, Nov 8- The Coca-Cola Co said it will invest over $4 billion in China and build new plants between 2015 and 2017, to counter competition which is chipping away at its share of the country's 421 billion yuan soft drinks market.
HONG KONG, Nov 8- China Cinda Asset Management Corp, one of four companies set up in the late 1990 s to manage the country's bad loans, received approval from the listing committee of the Hong Kong stock exchange to go public in the city, a source with direct knowledge said on Friday, clearing the way for its up to $2 billion deal.
*Former COSCO Group chmn Wei barred from leaving China- sources. The shipper's vice president Xu Minjie was "under investigation by the relevant authorities", COSCO said in a brief statement to the Shanghai stock exchange on Thursday, shorthand that is used in China to describe corruption probes.
TOKYO, Nov 8- Asian shares slumped to a four-week low on Friday after Wall Street suffered its biggest fall in more than two months, while a surprise interest rate cut by the European Central Bank knocked down the euro to a seven-week low.
WASHINGTON, Nov 7- When $37 billion in budget cuts hit the Pentagon abruptly early this year, officials took steps that minimized the impact on key areas like the Afghanistan war but also took action that could raise long-run costs, a watchdog agency said on Thursday.
BEIJING, Nov 8- China's export growth rebounded by more than expected in October, adding to a run of indicators suggesting that the economy has found its footing as Beijing prepares to lay out its reform agenda for the next decade.
TOKYO, Nov 8- Japanese government bond prices edged higher on Friday, with the 10- year yield hitting a six-month low, buoyed by gains in U.S. Treasuries and German Bunds after the European Central Bank unexpectedly cut interest rates.
SYDNEY, Nov 8- Echo Entertainment Group Ltd unveiled plans on Friday to invest A $1.5 billion in its casino business in Queensland state, but its share tumbled on investors' concerns over the cost. Crown, owned by billionaire James Packer, has said it is interested in the Queensland government's plans for up to three mega new casinos in the state.
John Chen, the second consecutive chief executive officer at BlackBerry to receive a bumper package, will have to help the embattled smartphone maker regain its footing and win back market share ceded to the likes of Apple's iPhone and a range of devices that run on Google Inc's Android operating system.
*Offer of $32/ share is 37 pct above Santarus' Thursday close. Nov 7- Salix Pharmaceuticals Ltd will buy Santarus Inc for about $2.6 billion, gaining two new gastroenterology drugs to strengthen its leading presence in that market and sending its shares 10 percent higher.
*Nikon tumbles after cutting digital camera sales forecast. TOKYO, Nov 8- Japanese stocks tumbled to one-month lows on Friday morning after a sharp drop on Wall Street dented risk appetite, keeping investors on the defensive ahead of a crucial U.S. jobs report later in the day.
*Investment plan to upgrade networks in Italy, Brazil. MILAN/ PARIS, Nov 7- Telecom Italia will sell its Argentina unit and other assets while issuing a convertible bond, aiming to raise around 4 billion euros to stave off a credit rating downgrade and strengthen operations in Italy and Brazil.
WASHINGTON, Nov 7- President Barack Obama apologized on Thursday to Americans who are losing their healthcare insurance policies, saying in an interview that he regrets "we weren't as clear as we needed to be" about the reforms of his landmark healthcare restructuring.
MEXICO CITY, Nov 7- Mexico has room for further fiscal reform to improve its tax base because a bill passed by Congress last week still leaves it well behind countries with stronger revenues, credit ratings agency Standard& Poor's said on Thursday.
SINGAPORE, Nov 8- London copper was little changed on Friday but was set to notch up its biggest weekly fall in two months as supply growth outpaces demand that has been pinned back by fragile U.S. economic growth and tightening credit in China. *Three-month copper on the London Metal Exchange edged up by 0.1 percent to $7,155 a tonne by 0116 GMT.
NEW YORK, Nov 7- A lack of backup network connections and the frenzy around Twitter Inc's market debut contributed to a trading halt in 10,000 over-the-counter equities for most of Thursday, said OTC Markets Group, which runs the OTC trading platforms.
SAN FRANCISCO, Nov 7- Nvidia Corp gave a revenue forecast for the current quarter that was shy of Wall Street's expectations as the graphics chipmaker faces tough competition in tablets and a slow personal computer market.
Nov 7- The White House said on Thursday that it has nominated a senior investment banking executive at Bank of America Corp to a high-level position at the Commerce Department. Selig first joined Bank of America in 1999..
U.S. oil gained 39 cents to $94.59 by 0021 GMT, after ending 60 cents lower under pressure from a stronger dollar. Brent crude settled $1.78 lower, losing $2 at one point to trade as low as $103.24, its lowest mark since July 2.
WASHINGTON, Nov 7- Timothy Massad, the Treasury official who leads the U.S. bank bailout program, is about to be selected as the new chair of the country's derivatives regulator, a source familiar with the matter said.