*Italy selling new 10- year inflation-linked bonds. LONDON, March 12- Italian bond yields rose further from eight-year lows on Wednesday as Rome launched a new. Italy underperformed top-rated euro zone bonds, which were rallying on growth and credit concerns in China as well as mounting tensions in Russia's standoff with western countries over Ukraine.» Read More
MEXICO CITY, Oct 18- Mexico's lower house of Congress on Friday proposed raising the oil revenue estimate in next year's budget to plug a funding gap created by cutbacks to President Enrique Pena Nieto's planned tax reform.
*Biggest loss to sugar market: Brazil export capacity. SAO PAULO, Oct 18- A fire ravaged Copersucar's sugar terminal in Brazil on Friday, paralyzing operations of the world's biggest sugar trader and putting 10 million tonnes of export capacity offline for six months or more.
NEW YORK, Oct 18- Former Lehman Brothers investors have reached a $99 million settlement with Ernst& Young, the defunct financial firm's erstwhile auditor, over allegations it helped Lehman misstate its financial records.
*Morgan Stanley earnings, revenue beat expectations. NEW YORK, Oct 18- The S&P 500 closed at a record high for the second straight day on Friday to cap its biggest weekly gain in three months as stronger-than-expected earnings from Google, Morgan Stanley and others overshadowed worry that earnings growth was faltering.
WASHINGTON, Oct 18- Most Americans found little to cheer in the congressional deal to reopen the government and avoid a national default, and Republicans suffered the biggest political damage in the crisis, according to a Reuters/ Ipsos poll released on Friday.
NEW YORK, Oct 18- JPMorgan Chase& Co has reached a tentative $4 billion deal with the U.S. Federal Housing Finance Agency to settle claims that the bank misled government-sponsored mortgage agencies about the quality of mortgages it sold them during the housing boom, the Wall Street Journal reported on its website on Friday.
Mexico's economy contracted in the second quarter for the first time in four years and economists have downgraded forecasts for expansion this year and next.
BRASILIA, Oct 18- Brazil's multinational companies will have up to eight years to pay taxes on their foreign profits, the country's top tax official said on Friday, in a rule that will encourage the growth of their investments abroad.
BOSTON, Oct 18- A top Federal Reserve official said on Friday he expects the U.S. central bank to return to using only bread-and-butter policy tools once it finally raises interest rates, leaving behind the extraordinary measures that it has come to rely on in the aftermath of the Great Recession.
NEW YORK, Oct 18- The dollar fell to eight-and-a-half-month lows against the euro and a currency basket on Friday on expectations the Federal Reserve will delay scaling back its monetary stimulus following this month's political battles over the U.S. budget. That should give the euro the potential to rise toward $1.40.
SAO PAULO, Oct 18- OGX Petróleo e Gas Participações SA, the ailing Brazilian oil producer controlled by tycoon Eike Batista, said on Friday it is in talks with potential investors for merger options that could include a capital injection.
NEW YORK, Oct 18- JPMorgan Chase& Co has reached a tentative $4 billion deal with the U.S. Federal Housing Finance Agency to settle claims that the bank misled government-sponsored mortgage agencies about the quality of mortgages it sold to them during the housing boom, the Wall Street Journal reported on its website on Friday.
NEW YORK, Oct 18- The S&P 500 closed at a record high for the second consecutive day on Friday as positive earnings from Google, Morgan Stanley and others lifted investor sentiment. The Dow Jones industrial average was up 24.98 points, or 0.16 percent, at 15,396.63, according to the latest available data.
MEXICO CITY, Oct 18- Mexico's lower house of Congress on Friday proposed raising the oil revenue estimate in next year's budget to plug a funding gap after lawmakers revised President Enrique Pena Nieto's tax overhaul plan and stripped out some planned levies. Lawmakers proposed raising the oil price estimate in the 2014 budget to $85 per barrel from $81.
NEW YORK, Oct 18- While the federal government ramped its operations back up on Thursday, 16 days of a partial shutdown have left some lingering headaches in certain corners of the bond market that rely on timely inflation data to value securities.
The initial public offering of microblogging site Twitter is the most highly anticipated since Facebook's IPO last year, when software problems at Nasdaq OMX Group resulted in a chain of events that market making firms said cost them a combined $500 million.
*Morgan Stanley earnings, revenue beat expectations. NEW YORK, Oct 18- U.S. stocks rose on Friday, with the S&P 500 index heading for its best week in more than three months and earnings from Google, Morgan Stanley and others lifting sentiment.
Rains have already delayed the cane crush in Brazil, the world's largest producer. The firm represents 47 sugar mills in Brazil, recorded revenue of $4.1 billion in 2012 and says it controls nearly a fifth of the world's sugar exports through its trading desks.
LOS ANGELES, Oct 18- Power company NRG Energy Inc on Friday said it would pay $2.635 billion to acquire the assets of bankrupt unregulated power producer Edison Mission Energy, adding nearly 8,000 megawatts of coal, gas and wind generation to its business. Princeton, New Jersey- based NRG will also assume $1.545 billion of EME's non-resource debt.
The FDA is not bound to follow its advisory panel's advice but typically does so. Impavido was granted priority review by the FDA, a status that cuts the review time to six months from the standard 10. Priority review is typically given to experimental products that address an unmet medical need or represent a major advance over current treatments.