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  • *Iberdrola wants to make acquisition in the U.S. MADRID/ FRANKFURT, Oct 6- Spanish power firm Iberdrola has hired JPMorgan Chase& Co to sell some foreign renewable assets which could raise up to 2 billion euros to help fund an acquisition in the fast-growing U.S. market, three sources with knowledge of the matter said. Iberdrola's earnings suffered in Europe's...

  • NEW YORK, Oct. 6- Ever wondered when the next financial crisis will be? That is the not-so-subtle subtitle of Jim Rickards' bestselling book, "The Death of Money. "As you might gather, the portfolio manager at investment-management firm West Shore Group doesn't foresee a smooth ride ahead for investors.

  • LONDON, Oct 6- European equities advanced while the dollar paused after a sharp rally last week as forecast-beating U.S. jobs data eased concerns about global economic growth. The upbeat U.S. data contrasts starkly with the outlook in Europe, where German industrial orders posted their biggest monthly drop since 2009 in August. That strengthened the view that...

  • Oct 6- Hewlett-Packard Co said it would split into two listed companies, separating its computer and printer businesses from its faster-growing corporate hardware and services operations. "Shareholders will now be able to invest in the respective asset groups without the fear of cross-subsidies and inefficiencies that invariably plague large business...

  • RIO DE JANEIRO, Oct 6- Brazilian stocks, currency and bonds are expected to rally on Monday as a market-favorite candidate won strong voter support in a first-round of elections to challenge president Dilma Rousseff, whom investors accuse of driving Latin America's largest economy into a recession. "You had a scenario indicating that Dilma would get nearly...

  • LONDON/ PARIS, Oct 6- European shares extended gains on Monday, building on the previous session's sharp rebound after stronger than expected U.S. jobs figures boosted stock markets worldwide. The way the market appears to be reacting to these numbers suggests that investors are more concerned about the growth outlook at this point in time than on possible...

  • LONDON, Oct 6- AstraZeneca's blood-thinning drug Brilinta has won preferred status in the United States, where two medical groups have recommended it over the older drug Plavix, also known as clopidogrel. AstraZeneca said on Monday it was the first time the cardiology organizations had recommended one drug of this type over another in the treatment of acute...

  • *Israel was hoping to sell successful rocket system abroad. CARMIEL, Israel, Oct 6- Normally, an advanced new weapon system with a battle-proven success rate of 90 percent would have global defence procurement agencies on the phone in minutes. And Israel further curbs its potential client pool by not selling to countries with which it has no diplomatic ties-...

  • RIO DE JANEIRO/ SAO PAULO, Oct 6 (Reuters)- An unexpectedly competitive runoff campaign for Brazil's presidency kicked off on Monday with leftist incumbent Dilma Rousseff and her pro-business rival Aecio Neves racing to lock up supporters of an ousted third-place candidate and others frustrated with a stagnant economy. The runoff will be a battle between...

  • --Neal Kimberley is an FX market analyst for Reuters. LONDON, Oct 6- The dollar can draw nothing but strength when the totality of Friday's U.S. employment and trade data is examined. The contrast with the euro zone and Japan, where policymakers are being ever more inventive in their attempts to loosen monetary policy, is glaring and should continue to support the...

  • Retailer Conn's says could sell itself Monday, 6 Oct 2014 | 7:18 AM ET

    Oct 6- Electronics and home appliance retailer Conn's Inc said it would consider selling itself as part of a review of strategic options. Conn's, which also adopted a poison pill takeover defense, has engaged BofA Merrill Lynch as financial adviser and Vinson& Elkins LLP as legal counsel to assist in the process. Other options include separation of its retail and...

  • Sunesis's cancer drug fails late-stage trial Monday, 6 Oct 2014 | 7:11 AM ET

    Oct 6- Sunesis Pharmaceuticals said its experimental cancer drug did not meet its main goal in a late-stage trial in patients with refractory acute myeloid leukemia, a type of bone marrow cancer. Shares of the company slumped 55 percent to $3 in premarket trading on Monday. The overall survival rate of patients given the drug, vosaroxin, was not statistically...

  • LONDON, Oct 6- Britain has given its banks three months to show how they plan to protect their retail customers from riskier parts of their operations. The changes, which will come into effect by 2019, mean that banks must submit preliminary plans by Jan. 6, 2015, the Bank of England said on Monday. The BoE, whose Prudential Regulation Authority arm regulates banks...

  • UPDATE 1-Hewlett-Packard says to split in two Monday, 6 Oct 2014 | 7:00 AM ET

    Oct 6- Hewlett-Packard Co said it would split into two listed companies, separating its computer and printer businesses from its faster-growing corporate hardware and services operations. The printing and personal computing business, to be known as HP Inc, will be led by Dion Weisler, currently an executive in that division. Founded by Bill Hewlett and Dave...

  • The regulations- dubbed' T +2', for transaction date plus two days- take effect across Europe on Monday. They are intended to harmonize the gap between trade and settlement across Europe, reducing it to two days from the current standard of three. Brokers and fund managers said the move would boost the appeal of European equities for overseas investors who might...

  • TOKYO, Oct 6- Japan's Finance Minister Taro Aso said the yen, which struck a six-year low against the dollar last week, was not particularly weak, while Prime Minister Shinzo Abe said the currency's decline was both good and bad for the economy. Their comments were the clearest signal given so far that Japan's policy makers are not overly concerned by their weak...

  • Hewlett-Packard says to split in two Monday, 6 Oct 2014 | 6:32 AM ET

    Oct 6- Hewlett-Packard Co said it would split into two listed companies, separating its computer and printer businesses from its faster-growing corporate hardware and services operations.

  • ATHENS, Oct 6- Greece's government unveiled its 2015 budget on Monday, promising a second year of growth and tax breaks aimed at easing austerity imposed after the country sank into its deepest post-war economic crisis. The budget largely confirmed targets for growth and a budget surplus before interest payments set under Greece's 240 billion euro EU/IMF...

  • LONDON, Oct 6- Brent crude oil rose towards $93 a barrel on Monday after a week of sharp falls, as strong U.S. employment data and a rally in global stock markets pointed to stronger economic growth and higher demand for fuel. "It is no surprise to see the price stabilizing after the massive sell-offs last week, but we won't see a hard price floor until OPEC indicates...

  • FOREX-Dollar pauses after payrolls surge Monday, 6 Oct 2014 | 6:23 AM ET

    LONDON, Oct 6- The surging dollar paused in morning trade in Europe after forecast-beating U.S. jobs data on Friday bolstered bets the Federal Reserve would raise interest rates in mid-2015 and took the euro to as low as $1.25. Some major banks have the euro at as little as $1.10 within 12 months and moving closer to parity thereafter- a move built on expectations...