The auto industry's troubles deepened as regulators said automakers will recall about 2.1 million older vehicles to fix airbag defects.» Read More
*IMF agreed $553 mln loan to Yemen based on reform pledges. DUBAI, Sept 25- Yemen will destabilise its economy if it delays reforms such as cuts to energy subsidies, the International Monetary Fund said in a report released after the government rolled back some fuel price rises in the face of political unrest.
*IMF agreed $553 mln loan to Yemen based on reform pledges. DUBAI, Sept 25- Yemen will destabilize its economy if it delays reforms such as cuts to energy subsidies, the International Monetary Fund said in a report released after the government rolled back some fuel price rises in the face of political unrest.
NEW YORK, Sept 25- U.S. stocks were poised for a modestly lower open on Thursday after the S&P 500 notched its biggest gain in a month and following data on the labor market and durable goods.
MOSCOW, Sept 25- Russian businessmen are backing Vladimir Putin over Ukraine but fear the country is being forced down a path towards less democracy, more central control of the economy and isolation that recalls the Soviet "evil empire".
Sept 25- Apple Inc pulled back an update to its new operating system and offered a guide to revert to iOS 8 after many iPhone 6 and 6 Plus users complained about a drop in cellular service and inability to use the fingerprint-reading Touch ID. Apple shares were down 1.1 percent at $100.65 in premarket trading on Thursday.
*Durable goods orders fall 18.2 percent on transportation. WASHINGTON, Sept 25- Orders for long-lasting U.S. manufactured goods in August posted their biggest drop on record after an aircraft-related boost, but a rebound in business spending plans pointed to underlying strength in the economy.
*Libya production rises, Hariga port back to normal. LONDON, Sept 25- Brent crude oil recovered from early losses to trade above $97 a barrel on Thursday as concerns about potential supply disruptions in the Middle East helped the market recover from a two-year low. Brent gained 45 cents to $97.40 a barrel by 1224 GMT.
NEW DELHI, Sept 25- Thousands of tiny shops in India's biggest auto components market do brisk business selling a bewildering array of spare parts for about a third of the official price charged by the likes of Toyota Motor Co or Volkswagen AG.
WASHINGTON, Sept 25- Orders for long-lasting U.S. manufactured goods in August posted their biggest drop on record as the prior boost from aircraft unwound, but a rebound in business spending plans pointed to underlying strength in the manufacturing sector.
NEW YORK, Sept 25- MannKind Corp shares were among the most actively traded in premarket on Thursday, after the company said it had closed a licensing agreement with Sanofi for the development and commercialization of its inhaled insulin product. MannKind said it will receive a $150 million upfront payment within 10 days of the closing.
*China firing up mothballed smelters after price rise. *Graphic on China output: http://link.reuters.com/ceh48t. "You've moved the profitability of the industry dramatically this year, from most of it losing money to almost all of it being cash-positive... so the next risk is that you get restarts," Stephen Briggs, a metals strategist at BNP Paribas in London, said.
KIEV, Sept 25- Ukrainian President Petro Poroshenko said on Thursday he hoped a reformist parliamentary majority would emerge from an election next month to push through an ambitious reform programme to make the country more attractive as a European partner.
*Corn, soy rise ahead of USDA stocks report next week. PARIS/ SINGAPORE, Sept 25- Chicago wheat on Thursday pared overnight gains as operators feared that a rise in the dollar could hamper demand for U.S. supplies, after more than four months of mostly falling prices had reached levels that attracted buyers.
NEW YORK, Sept 25- U.S. stock index futures were little changed on Thursday, after the S&P 500 notched its biggest gain in a month, ahead of data on the labor market and durable goods. *Weekly initial jobless claims data, due at 8:30 a.m., may provide investors with some insight on the health of the labor market.
LONDON, Sept 25- Rosneft, Russia's biggest crude oil producer, may back out of a deal to buy Morgan Stanley' s oil trading unit because Western sanctions make it virtually impossible to finance day-to-day operations, three sources close to the state-controlled company said.
SHANGHAI/ BEIJING, Sept 25- China and Spain signed business deals worth about 3.2 billion euros on Thursday during a visit by Spanish Prime Minister Mariano Rajoy to the Asian powerhouse to drum up support for his country's economy.
LONDON, Sept 25- The yield premium U.S. Chicago Fed President Charles Evans said the Fed should be "exceptionally patient" in removing its monetary stimulus, while Cleveland Fed's Loretta Mester said the Fed should drop language saying it would hold rates near zero for a "considerable time."
*Telecom Italia up on report businessman seeks finance for bid. LONDON, Sept 25- European shares extended the previous session's rebound on Thursday as a further drop in the euro fuelled expectations of a boost to the region's corporate earnings. Federal Reserve and the European Central Bank.
DUBAI, Sept 25- Shares in Dubai retailing and restaurants start-up Marka jumped 59 percent on Thursday in the first flotation on the emirate's main stock market since 2009, showing a hunger for fresh equity among local retail investors. Marka shares closed at 1.59 dirhams on the Dubai Financial Market, up from their initial public offer price of 1.00 dirham.
*Euro breaks below $1.27, lowest for 22 months. LONDON, Sept 25- The euro fell on Thursday to an almost two-year low against a dollar that is on track for its longest winning streak since the early 1970 s, as investors anticipate that European and U.S. monetary policy will head in opposite directions.