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  • LONDON, Oct 5- Six former brokers from ICAP, RP Martin and Tullett Prebon will face a London jury on Tuesday over allegations they were part of a criminal conspiracy to rig benchmark interest rates in the world's second Libor trial. The men, aged between 44 and 53, are the first brokers to be tried over alleged rigging of the London interbank offered rate, a benchmark...

  • WASHINGTON, Oct 5- The Trans-Pacific Partnership is a comprehensive and balanced agreement that will raise living standards and reduce poverty, the U.S. Trade Representative said in defending a pact that is expected to face opposition in the U.S. Congress. "We envision conclusion of this agreement, with its new and high standards for trade and investment in the...

  • WASHINGTON, Oct 5- The U.S. Supreme Court on Monday declined to hear an appeal by victims of Bernie Madoff's multibillion-dollar Ponzi scheme who were seeking inflation or interest adjustments on the money they lost, ending litigation that had delayed $1.249 billion from being dispersed to his former customers. The justices declined to take up an appeal of a...

  • Xerox CFO Mikells moves to Diageo Monday, 5 Oct 2015 | 10:03 AM ET

    LONDON, Oct 5- Diageo has hired Kathryn Mikells from Xerox as its new chief financial officer, it said on Monday, as the world's largest spirits company navigates its way through a downturn. She will replace Deirdre Mahlan, who is moving to the United States to oversee Diageo's business in North America, where increased competition in vodka has crimped sales of its...

  • JAPAN'S AMARI SAYS TPP HAS REGIONAL STRATEGIC IMPORTANCE BEYOND TRADE.

  • *Glencore, Arcelor lift mining sector; VW hits 5- yr low. *France outperforms as economic data beat expectations. MILAN, Oct 5- European shares rose on Monday as weak data in Europe and elsewhere reinforced expectations the broad monetary policy backdrop will remain equity-friendly, with Glencore and ArcelorMittal lifting the mining sector.

  • NEW ZEALAND'S GROSER SAYS ONLY A FEW TARIFFS REMAIN UNDER TPP, INCLUDING JAPANESE TARIFF ON BEEF, AND SOME DAIRY TARIFFS.

  • WASHINGTON, Oct 5- The U.S. Supreme Court on Monday rejected a bid by Microsoft Corp co-founder Paul Allen to revive several patent claims against AOL Inc, Apple Inc, Google Inc and Yahoo Inc over software pop-up notifications. The Supreme Court left in place a September 2014 ruling by the U.S. Court of Appeals for the Federal Circuit in Washington.

  • Oct 5- Wall Street opened higher on Monday, after a disappointing U.S. jobs report on Friday hardened views that the Federal Reserve will not raise interest rates this year. "Risk investors have taken an attitude that bad news is good news again," said Jack Ablin, chief investment officer at BMO Private Bank in Chicago. Eric Rosengren, head of the Boston Fed, told...

  • WASHINGTON, Oct 5- Democratic U.S. Senator Wyden, the ranking member on the Senate Finance Committee, said that the Trans-Pacific Partnership deal announced on Monday needs a detailed review by Congress to see "whether it will advance the nation's interests." "As I have said in the past, a good Trans-Pacific Partnership agreement could present important new...

  • OTTAWA, Oct 5- Canada said on Monday that a major trade deal agreed by 12 Pacific nations would only allow limited access to protected Canadian domestic dairy and poultry markets, a politically sensitive issue ahead of the Oct 19 election. Farmers said during the negotiations that they could be crippled if Canada gave up too much of its supply management system,...

  • ROISSY, France, Oct 5- Air France managers fled a meeting on Monday about mass job cuts after angry staff waving banners and flags stormed the room, according to Reuters journalists at the scene. Broseta and Air France Chief Executive Frederic Gagey had been outlining a drastic cost cutting plan, described by the company as "Plan B" after it failed to persuade its...

  • *UK Q2 underlying sales seen down 1.0-1.5 pct. With former Unilever executive Dave Lewis brought in just over a year ago to revive Tesco's fortunes after a drop in UK market share, investors will want to see evidence of improvement in its key home market when it publishes second-quarter sales and first-half results on Wednesday. Of those that have, HSBC sees an...

  • CORRECTED-USTR SAYS TPP INCLUDES COMMITMENTS TO HELP SMALL- AND MEDIUM-SIZED BUSINESSES.

  • WASHINGTON, Oct 5- The U.S. Supreme Court on Monday declined to hear an appeal by victims of Bernie Madoff's multibillion-dollar Ponzi scheme who were seeking inflation or interest adjustments on the money they lost, ending litigation that had delayed $1.249 billion from being dispersed to his former customers.

  • WASHINGTON, Oct 5- The U.S. Supreme Court on Monday rejected a U.S. Justice Department bid to restore the insider trading convictions of two hedge fund managers and reverse a lower court's ruling that prosecutors contend will make it harder to bring such cases. In a blow to the government, the justices left in place a December ruling by the 2nd U.S. Circuit Court of...

  • Oct 5- U.S. burger chain Wendy's Co said on Monday its Chief Executive Emil Brolick would retire in May and named Chief Financial Officer Todd Penegor as his successor. Penegor, 50, has previously worked at Kellogg Co and Ford Motor Co in various senior roles. Wendy's, whose largest shareholder is Nelson Peltz's Trian Group, launched a $1.4 billion share buyback...

  • TRADE REPRESENTATIVE FROMAN SAYS WILL WORK VERY CLOSELY WITH U.S.

  • JAPAN'S AMARI SAYS TPP NEEDS TO OFFER AN APPROPRIATE PLACE FOR DISCUSSIONS OF CURRENCY ISSUES.

  • *Gold rose 2.2 percent after U.S. data on Friday. LONDON, Oct 5- Gold rose on Monday as the dollar weakened after a disappointing U.S. jobs report pushed back expectations of a Federal Reserve rate rise to early 2016.. "Gold's technical outlook continues to improve but we are at a critical level... a break above $1,170 could indicate the selling is over and a break below...