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  • 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...

  • Alcobra's ADHD drug meets goals in late-stage study Monday, 6 Oct 2014 | 6:19 AM ET

    Oct 6- Alcobra Ltd said its drug to treat attention deficit disorder met the main goals of a late-stage trial, reducing the symptoms of the condition better than a sugar pill. The study results were derived after the company excluded data from four patients who showed an extreme response to the placebo, Alcobra said in a statement. The company said the study scored...

  • Oct 6- Chevron Corp said it would sell a 30 percent stake in its Duvernay shale formation assets in Canada to Kuwait Foreign Petroleum Exploration Co for $1.5 billion. Chevron's subsidiary, Chevron Canada Ltd, has exploration leases for about 330,000 net acres in the Duvernay shale formation. The deal creates a partnership for appraisal and development of...

  • *Silver, platinum at multi-year lows. LONDON, Oct 6- Gold touched its lowest level in more than 15 months on Monday as the dollar held near four-year highs and European shares advanced after strong U.S. jobs data, dampening appetite for bullion and pushing silver and platinum to multi-year lows. Platinum, which fell 6.3 percent last week in its biggest weekly...

  • *Copper fell for a sixth week in a row last week. *Thin liquidity with China, other markets closed. "The better-than-expected employment numbers on Friday helped to boost sentiment, and it's certainly not surprising that we're seeing that spilling over from equity markets to metal markets as well," said Nic Brown, head of commodities research at Natixis.

  • PARIS, Oct 6- European planemaker Airbus sold 76 aircraft in September, but ended the first nine months of the year behind its U.S. rival Boeing in the number of planes sold and delivered, company data showed on Monday. Airbus sold a net total of 69 aircraft last month after adjusting for the cancellation of seven of the nine A321 jets ordered by privately owned...

  • NEW DELHI, Oct 6- Maruti Suzuki India Ltd, the nation's top car maker, set an aggressive sales target for its first new sedan car in seven years, in a bid to break into a segment where it has previously had little success. Maruti aims to sell between 60,000 and 80,000 of its new Ciaz cars next year, at prices starting from 699,000 rupees ex-showroom in New Delhi for the...

  • *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...

  • LONDON, Oct 6- European equities advanced while the dollar held near four-year highs against a basket of currencies on Monday after stronger-than-expected U.S. jobs data eased concerns about global growth. The upbeat U.S. data was in stark contrast with the outlook in Europe, where German industrial orders posted their biggest monthly drop since 2009 in...

  • LONDON, Oct 6- Brent crude oil steadied above $92 a barrel on Monday after a week of sharp falls, as strong U.S. employment data and a rally in Asian and European stock markets checked a downward trend. "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 that it will cut production,"...

  • BERLIN, Oct 6- Sentiment in the euro zone dropped for a third consecutive month in October, hitting its lowest level since May 2013, suggesting the single currency bloc will fall into recession, a survey by Sentix showed on Monday. "It's conspicuous that neither the European Central Bank's rhetoric nor its measures were able to drive up investors' expectations of...

  • India's finance minister discharged from hospital Monday, 6 Oct 2014 | 4:16 AM ET

    NEW DELHI, Oct 6- India's Finance Minister Arun Jaitley was discharged from hospital on Monday after recovering from an infection that followed a stomach operation to treat diabetes, a doctor said. He has been treated for the ailments and has now been discharged, "said Amit Gupta, senior surgeon and spokesman at the state-run All India Institute of Medical...

  • DUBAI, Oct 6- The Yemeni government's deal with Houthi rebels is broadly in line with conditions of a loan provided by the International Monetary Fund, despite the rollback of some subsidy cuts, IMF managing director Christine Lagarde was quoted as saying. The IMF agreed in July to provide a $553 million loan to Yemen over the next three years after the government...

  • Athens said it would issue a seven-year and 10- year bond as well as a Treasury bill of over 26 weeks next year, emboldened by a successful return to debt markets earlier this year following a four-year hiatus. Athens also confirmed it expects to report a budget surplus excluding interest payments of 2.9 percent of GDP next year, just shy of the 3 percent target set...