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  • BERLIN, Oct 10- Chinese Premier Li Keqiang said on a visit to Germany on Friday that he was confident his country's economy would continue to grow at a "medium to high tempo", forecasting growth of about 7.5 percent this year despite turbulence in the world economy. Li told a joint news conference in Berlin with German Chancellor Angela Merkel that the global...

  • MOSCOW, Oct 10- Russia's rouble plunged again on Friday, and traders said the central bank intervened heavily to slow its slide, as oil prices dropped and Russian companies locked out of international capital markets drove demand for dollars. The rouble has been pressured for months by a plunge in prices for oil, one of Russia's chief exports.

  • Ex-Soviet states bicker as Putin tries to unite them Friday, 10 Oct 2014 | 10:54 AM ET

    Matters got even worse when bickering broke out at the start of the meeting, revealing fault lines over the Ukraine crisis and deepening doubts about the future of the loose grouping known as the Commonwealth of Independent States. Underlining the need to end the bloodshed in Ukraine, he said: "The fighting directly affects the security and undermines the...

  • NEW YORK, Oct 10- The dollar firmed for a second straight session on Friday after three consecutive days of losses, bolstered by safe-haven bids on worries about the health of the global economy with slow-downs evident in Europe, Japan, and China. "Dollar strength is still on the table here going forward and the driver behind that is policy divergence," said Andrew...

  • NEW YORK, Oct 10- Energy shares fell on Friday, extending their recent weakness as crude oil dropped to its lowest level since 2010.. Exxon Mobil Corp fell 0.9 percent to $90.97 while Chevron Corp was down 1.4 percent to $112.90. Halliburton Co slumped 5.5 percent to $54.09 and has lost almost 13 percent this week.

  • LONDON, Oct 10- Russian companies' scramble to swap roubles for dollars has pushed up the cost of such forward swap contracts, building pressure on authorities to boost official interest rates to stabilise the currency market. As availability of dollars and euros on Russian markets dries up, three-month forward rate agreements that allow traders to lock in...

  • UPDATE 1-Darden loses full board in activist sweep Friday, 10 Oct 2014 | 10:12 AM ET

    ORLANDO/ LOS ANGELES, Oct 10- Darden Restaurants Inc's entire board was ousted in a meeting on Friday by activist Starboard Value LP in a rare victory for dissident investors. The ouster is also a stinging defeat for Darden, which earlier this year alienated many investors after brushing off their vote requesting a special meeting on a $2.1 billion sale of Red...

  • Iran and the six- the United States, France, Germany, China, Russia and Britain- hope that resolving the more-than-decade-long nuclear standoff with Iran will reduce regional tensions and alleviate the risk of another war in the Middle East. Top diplomats of the United States, Iran and the European Union will meet in Vienna next week to work on a comprehensive deal...

  • NEW YORK, Oct 10- The Dow and S&P 500 rose on Friday, modestly rebounding after a sharp decline in the previous session, though weakness in chipmakers limited the Nasdaq's advance. Intel Corp fell 2.4 percent to $32.77 while Texas Instruments sank 6.8 percent to $42.87 and Micron Tech lost 6.1 percent to $28.77. "Investors may have to worry beyond Friday about the...

  • NEW YORK/ BOSTON, Oct 10- Fidelity Investments, the largest shareholder in Actavis Plc, has increased its holdings in takeover-target Allergan in recent months and would be supportive of a potential merger between the two drugmakers, according to people familiar with the matter. The additions would likely make Fidelity the No.8 shareholder in Allergan,...

  • *Recession fears color finance talks in Washington. "I think there will be lots of pressure on Europe at the meetings here in Washington, people are worried not only in Europe but also in other parts of the world about the low inflation, and low growth," Jyrki Katainen, European Commission's incoming vice president, told Reuters. But since then fresh evidence of...

  • ASTANA, Oct 10- Kashagan, the world's most expensive oil project, will have to spend another up to $3.6 billion to replace leaking oil and gas pipelines, which also could delay the restart of production, the Kazakh energy ministry said. Production at the Kashagan reservoir, the world's biggest oil find in recent times, started in September last year but was halted...

  • Oct 10- Rupert Murdoch's Twenty-First Century Fox and Apollo Global Management LLC agreed to combine three of their TV production companies behind hit shows such as "Big Brother", "American Idol" and "Masterchef" under one group. The companies said they would set up a joint venture to hold Apollo-controlled Endemol and Core Media and Fox's Shine Group.

  • NEW YORK, Oct 10- US power company Dynegy looks set to price its new $5.1 bn high-yield acquisition finance bond Friday wider than first expected due to a surge in market volatility over the past few days. The single B rated issuer set price talk this morning at 6.75% area on a minimum US $2 bn five-year non-call 2.5; 7.375% area on a US $1.5- 2.0 bn eight-year non-call...

  • Oct 10- Blackstone Group LP said on Friday it would spin off its M&A, restructuring and private equity fundraising advisory businesses and combine them with the financial advisory firm of Morgan Stanley veteran Paul Taubman, in a move to avoid conflicts. Taubman, who left Morgan Stanley in 2012, has been behind some of the biggest deals of the past few years,...

  • OTTAWA/ TORONTO, Oct 10- Canada added a significantly more-than-expected 74,100 jobs in September and the jobless rate fell to a near six-year low of 6.8 percent, according to data that was met with some skepticism but also helped boost the currency. Unemployment last hit the 6.8 percent mark in December 2008. But at least in one way, they're consistent- we continue...

  • IRAN TOP NUCLEAR NEGOTIATOR SAYS TALKS WITH MAJOR POWERS COULD BE EXTENDED IF NOVEMBER DEADLINE MISSED- FARS NEWS AGENCY.

  • FRANKFURT, Oct 10- Demand for electronics devices is weakening, according to circuit makers at the base of the industry's food chain, suggesting a long-predicted slowdown in global economic growth may be coming to pass. In recent weeks, a series of U.S. semiconductor makers with global operations have begun to paint a worrying picture of a broad-based slow down...

  • WASHINGTON, Oct 10- The United States may make a major contribution to a fund in November that would help poor countries prepare for and combat climate change, said the foreign minister of Peru, the country hosting a crucial round of climate negotiations in December. Secretary of State John Kerry told him on Oct. 8 that the world's second biggest greenhouse gas...

  • NEW YORK, Oct 10- U.S. stock index futures pointed to a lower open on Friday, putting major indexes on track for a sharply lower week as Thursday's decline on global growth concerns looked to be extended. "All eyes will be on the 200- day moving average" today, said Jonathan Krinsky, chief market technician at MKM Partners in Greenwich, Connecticut, adding that the index...