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  • NEW DELHI, Oct 5- India and Germany pledged on Monday to revive efforts to reach an Indo-European free trade pact after talks fell apart this year, and struck deals to promote clean energy and make it easier to do business. Although Chancellor Angela Merkel and Prime Minister Narendra Modi made no mention in conversations with journalists of resuming talks on a...

  • Oct 5- Nelson Peltz's Trian Fund Management said it bought $2.5 billion in shares of General Electric Co since May, making it one of the top 10 shareholders in the industrial conglomerate. "Trian believes GE has significant long-term potential and that its implied target value per share, including dividends, could be $40 to $45 by the end of 2017 based on our view...

  • Investors cut bullish bets on Brent crude oil -ICE Monday, 5 Oct 2015 | 7:17 AM ET

    LONDON Oct 5- Investors cut their bets last week that the price of Brent crude oil will rise, according to data on Monday from the InterContinental Exchange. Front-month Brent crude oil prices dropped in September by more than 10 percent to $48.37 a barrel. (Reporting by Ron Bousso; Editing by Susan Fenton).

  • LONDON, Oct 5- Southern European bond yields hit five-month lows on Monday after Portugal's ruling center-right coalition won re-election and Standard& Poor's upgraded Spain's rating. Bonds in Spain, Portugal and fellow low-rated Italy outperformed euro zone peers on a day when yields were mostly higher across the region as investors, buoyed by chances of...

  • NEW YORK, Oct 5- U.S. retailers enter the holiday season vowing to control discounting that has wreaked havoc on their results in the past, but competition between stores, consumers trained to expect discounts and a still-recovering economy point to a difficult year. High-end retailer Nordstrom ended the summer saying it planned 20 percent fewer clearance...

  • METALS-Copper rises on weak dollar, equity rally Monday, 5 Oct 2015 | 7:00 AM ET

    *Copper rises on weak dollar, expectations for a delay in a U.S. rate hike. LONDON, Oct 5- Copper rose on Monday alongside global equity markets after a disappointing U.S. jobs report pushed back expectations for a U.S. rate rise and weakened the dollar. "The market is postponing its expectations of a mid-term rate hike," said Jens Pedersen, senior commodities analyst at...

  • ATLANTA, Oct 5- A dozen Pacific Rim nations prepared on Monday to announce the most sweeping trade liberalization pact in a generation, a deal that could reshape industries and influence everything from the price of cheese to the cost of cancer treatments. President Barack Obama, if it is ratified by Congress. The final round of negotiations in Atlanta, which...

  • *Markit says PMI points to Q3 GDP growth of 0.4 pct. The data point to modest third-quarter growth of 0.4 percent, survey compiler Markit said, and are likely to largely disappoint policymakers, six months into the ECB's 60 billion euros a month quantitative easing programme. Britain's economy, which has been outpacing the euro zone's, is also losing steam, with...

  • TOKYO, Oct 5- French Prime Minister Manuel Valls said on Monday he proposed to his Japanese counterpart Shinzo Abe that the Japanese nuclear industry participate in the reorganization of the French nuclear sector. Japan's Mitsubishi Heavy Industries Ltd said in September it was in talks with French nuclear giant Areva and state-controlled utility EDF on...

  • Spark Therapeutics' eye drug succeeds in study Monday, 5 Oct 2015 | 6:18 AM ET

    Oct 5- Drug developer Spark Therapeutics Inc said its lead experimental drug helped improve the vision of patients with a type of inherited eye disorder, in a late stage study.

  • MANCHESTER, England, Oct 5- Finance Minister George Osborne will launch a plan on Monday to spur infrastructure investment in Britain, seeking to counter a push by the left-wing opposition and stake the government's claim to the centre ground. His adoption of a policy promoted by his Labour Party opponents fuels expectations that Osborne is moving towards the...

  • *Glencore rallies, Arcelor rises on Citi upgrade. LONDON/ MILAN, Oct 5- European shares rose sharply on Monday, with the French market outperforming after stronger-than-expected economic data, while Glencore and ArcelorMittal pushed up mining stocks and Volkswagen continued its slide. The economic data in France was today's surprise, "said Andrea Cuturi, chief...

  • *Gold rose 2.2 percent after U.S. data on Friday. LONDON, Oct 5- Gold slipped on Monday as investors turned to riskier assets, but a weaker dollar after a disappointing U.S. jobs report pushed back expectations of a Federal Reserve rate hike to early 2016, helped limit the downside. Gold, a non-interest-paying asset, had been weighed down all year by expectations the...

  • *Europe stocks follow Asia, Wall St higher. *Oil up as Russia says willing to discuss market. Others said the Bank of Japan could ease policy as soon s this week.

  • *Nordex to buy Acciona's wind power arm for 785 mln euros. BERLIN/ MADRID, Oct 5- German wind turbine maker Nordex is buying Spanish firm Acciona's wind power business for 785 million euros in cash and shares to create a global player in the wind energy market, it said late on Sunday. Nordex will pay Acciona 366.4 million euros in a one-off cash payment and the rest by...

  • UPDATE 2-American Apparel files for bankruptcy Monday, 5 Oct 2015 | 4:57 AM ET

    *Files for Ch.11 bankruptcy protection in Delaware. Oct 5- American Apparel Inc filed for chapter 11 bankruptcy protection on Monday, joining a rising number of U.S. apparel retailers reeling under tough competition and lower spending by teen shoppers. Under the agreement, American Apparel's secured lenders will provide about $90 million in...

  • LONDON, Oct 5- Britain's finance ministry said it will sell at least 2 billion pounds worth of shares in Lloyds Banking Group to private retail investors in spring 2016 to return the bank to full private ownership. The sale is set to be the biggest privatization in Britain since the 1980 s, when Margaret Thatcher's government sold 3.9 billion pounds worth of...

  • LONDON, Oct 5- Progress in governance across Africa has stalled since 2011, with deteriorating safety and lack of economic opportunity overshadowing any gains made on the human rights front especially in resource-rich nations, a survey said on Monday. Mauritius held onto its top spot, followed by Cape Verde, Botswana, South Africa and Namibia, but overall the...

  • *Paris outperforms after French PMI data. *Glencore rallies, Arcelor rises on Citi upgrade. LONDON, Oct 5- European shares rose on Monday, with Glencore and ArcelorMittal pushing up mining stocks and French economic data lifting the Paris stock market.

  • *Russia- Saudi talks planned for end of October. LONDON, Oct 5- Oil rose on Monday after Russia said it was ready to meet other producers to discuss the market, where prices have more than halved from last year's highs due to a supply glut. But Moscow is now prepared to meet OPEC and non- OPEC oil producers to discuss oil markets if such a meeting is called, its energy...