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  • LONDON/ PARIS, Oct 6- Luxury shoe maker Jimmy Choo is on course to join London's main stock market next week with a value of up to $1.1 billion, industry sources said, citing the initial price range quoted by banks arranging the sale. "Jimmy Choo is a great brand with good growth potential but it has a high capital expenditure ratio and usually we prefer fashion...

  • *EU expects Russia- Ukraine gas deal this month. MILAN, Oct 6- Europe's top energy official said on Monday he expected an interim gas deal between Russia and Ukraine to be completed this month, enabling Russian gas deliveries to Ukraine this winter and curbing the threat of cuts to Europe. The European Union is trying to broker a deal to resolve a stand-off after...

  • GE names top M&A exec as new healthcare head Monday, 6 Oct 2014 | 10:52 AM ET

    NEW YORK, Oct 6- General Electric Co on Monday named its top deal-making executive as head of its healthcare business, saying that the unit's prior chief is leaving the company. John Flannery, 53, was appointed president and Chief Executive Officer of GE Healthcare, effective immediately. Flannery most recently was senior vice president of business...

  • *France would then be granted more time for deficit reduction. The Commission is also likely to step up the disciplinary procedure against France to the final stage before fines while at the same time granting Paris the extra two years it wants to bring down its budget shortfall within EU limits. The decisions, some of which will be taken by the outgoing...

  • LIMA, Oct 6- A jailed opponent of Newmont Mining Corp's proposed $5 billion Conga mine in Peru's Cajamarca region held a commanding lead in Sunday's regional election, a quick count by pollster Ipsos showed on Monday. Ipsos showed Cajamarca's President Gregorio Santos heading for re-election with 45.6 percent of votes in Sunday's poll- well above the 30...

  • FOREX-Dollar rally pauses on profit-taking Monday, 6 Oct 2014 | 10:35 AM ET

    NEW YORK, Oct 6- The dollar's rally took a breather on Monday on profit-taking that emerged after Friday's solid U.S. jobs report reinforced the view the Federal Reserve would raise interest rates in mid-2015. Analysts reckoned the dollar's winning streak would resume as the U.S. economy will likely grow faster than Europe and Japan in the foreseeable future as...

  • *Treasury to sell $61 bln in new debt over week. NEW YORK, Oct 6- U.S. Economy Ministry data showed German industrial orders plunged by 5.7 percent in August, while the Sentix research group's index tracking morale among investors in the euro zone tumbled to negative 13.7 in October from negative 9.8 the previous month.

  • Oct 6- Hilton Worldwide Holdings Inc said it would sell the landmark Waldorf Astoria New York hotel to Chinese insurer Anbang Insurance Group Co Ltd for about $1.95 billion. The property is the flagship hotel of Hilton's luxury brand, Waldorf Astoria Hotels& Resorts, which owns 27 properties across cities such as Amsterdam, Chicago, and Shanghai.

  • NEW YORK, Oct 6- The U.S. stock market is expecting the Republican party to gain a majority in the U.S. Senate in next month's mid-term election, but some close races may create a spike in "confusion and volatility," an analyst wrote on Monday. Robbert van Batenburg, director of market strategy at Newedge USA LLC in New York, said that while he expects the Republicans to...

  • GT Advanced files for bankruptcy Monday, 6 Oct 2014 | 10:22 AM ET

    Oct 6- Solar and LED equipment maker GT Advanced Technologies Inc, a supplier of sapphire glass to Apple Inc, said it had filed for voluntary bankruptcy protection. The company, whose subsidiaries also filed for bankruptcy, said it had $85 million of cash as of Sept. 29. GT Advanced listed assets and liabilities in excess of $1 billion in its Chapter 11 petition.

  • RIO DE JANEIRO/ SAO PAULO, Oct 6- Brazilian financial markets rallied on Monday after a pro-business candidate surged to a strong finish in Sunday's election, setting the stage for what is expected to be a tight runoff against leftist President Dilma Rousseff. Aecio Neves of the centrist Brazilian Social Democracy Party made a dramatic late surge from third...

  • UPDATE 1-China to cut steel exports in 2015 - CISA Monday, 6 Oct 2014 | 10:14 AM ET

    MOSCOW, Oct 6- China will likely decrease steel exports in 2015 following the cancellation this year of export incentives such as tax rebates, a China Iron Ore and Steel Association official told Reuters on Monday. Next year we forecast that the Chinese exports will decrease compared with this year, "Chi Jingdong, deputy secretary general of CISA told Reuters at...

  • COLUMN-College is now a buyer's market Monday, 6 Oct 2014 | 10:11 AM ET

    LOS ANGELES, Oct 6- Colleges are increasingly worried about getting enough enrollments, and students can use the situation to their advantage. The increasing competition for students has created a buyer's market at most schools, said college consultant Lynn O'Shaughnessy, author of the book "The College Solution." The colleges struggling the most are what...

  • LONDON, Oct 6- The International Monetary Fund on Monday urged a rethink of how sovereign bonds should be structured to avoid future debt restructurings turning into a repeat of Argentina's disruptive court battle with a few disgruntled creditors. This follows a ruling by a U.S. court that two hedge funds not party to Argentina's debt restructuring were...

  • *Meg Whitman to lead new Hewlett-Packard Enterprise. *Dion Weisler to become CEO of HP Inc. 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, and eliminate another 5,000 jobs as part of its turnaround plan.

  • TORONTO, Oct 6- Postmedia Network said on Monday it will buy Quebecor Inc's Sun Media assets for C $316 million in a sale that would create the dominant English-language newspaper publisher in Canada. The deal would bring 175 newspapers and publications, including the Sun chain of dailies- the Ottawa Sun, Toronto Sun, Winnipeg Sun, Edmonton Sun and Calgary Sun- as...

  • BERLIN, Oct 6- Germany plans to wait and see how the European Central Bank's controversial new asset-purchase plan unfolds and to monitor the programme, a Finance Ministry spokesman said on Monday. The ECB's plans to buy rebundled packages of debt have drawn sharp criticism from officials in Germany, including the head of the Bundesbank, the ECB's former chief...

  • Separately, Becton Dickinson& Co agreed to buy CareFusion Corp for $12.2 billion in cash and stock. Becton jumped 6.8 percent to $123.52 while CareFusion was up 23 percent to $56.96 as the S&P 500' s biggest gainer. "The recovery is alive and well, and while there are still risks we need to keep an eye on, fundamentals suggest we're in pretty good shape and could...

  • LONDON, Oct 6- SaskPower's Boundary Dam Unit #3, the first utility-scale power plant to be fitted with carbon capture and storage, has produced a surge in media interest since becoming operational this month. Refurbishing the 45- year old Unit #3 to extend its life for another 30 years and retrofitting it with equipment to capture carbon dioxide emissions has...

  • NEW YORK, Oct 6- U.S. stock index rose at the open on Monday, building on the prior session's rally as investors grow more confident in the economy's strength and Federal Reserve policy.