President Barack Obama and Indian Prime Minister Narendra Modi announced a breakthrough on nuclear trade on Sunday, a step that both sides hope will help establish an enduring strategic partnership. Signaling his determination to take ties to a higher level, Modi broke with protocol to meet and bear-hug Obama as he landed in New Delhi earlier in the day.» Read More
BERLIN, Sept 10- German venture capital firm Rocket Internet unveiled plans for a stock market listing that could value the company behind dozens of online start-ups at $6.5 billion, riding a wave of e-commerce flotations.
*Mitsui's iron ore ops profitable even if prices fall 20-30 pct. TOKYO, Sept 10- Japanese trading house Mitsui& Co may miss the current year's profit target of $1.1 billion for its metals business due to the slump in iron ore, warned a senior executive, who said prices may fall to as low as $80 a tonne before rebounding.
RUSSIA SUCCESSFULLY TESTS NUCLEAR MISSILE, TWO MORE TESTS PLANNED- HEAD OF NAVAL FORCES.
Sept 10- Eli Lilly and Co and Boehringer Ingelheim said on Wednesday that the European Commission approved their copycat version of Sanofi SA's blockbuster insulin, Lantus. The therapy received a positive recommendation from the European Medicine Agency in June.
MOSCOW, Sept 10- Russia has started limiting gas supplies to Poland, disrupting reverse flows to Ukraine, Russia's RIA news agency quoted the head of Ukraine's gas transport monopoly Ukrtransgaz as saying on Wednesday. Today Russia started limiting gas supplies to Poland in order to disrupt the reverse from Poland that we receive.
LONDON, Sept 10- The dollar hit a six-year high against the yen while trouncing the Australian dollar and several emerging currencies on Wednesday, the latest sign of a long-awaited return of volatility to the world's biggest financial market.
LONDON, September 10- Selling sterling versus the Norwegian crown might chime with foreign exchange traders who wish to position themselves for the possibility Scotland votes to leave the United Kingdom on Sept. 18.
UKRAINE'S GAS TRANSPORT MONOPOLY UKRTRANSGAZ SAYS RUSSIA HAS STARTED TO LIMIT GAS SUPPLIES TO POLAND TO DISRUPT REVERSE FLOWS TO UKRAINE- RIA.
*Comes after a string of disappointing Tokyo debuts. TOKYO, Sept 10- Japan's largest recruitment company Recruit Holdings said it is planning an initial public offering worth $1.8 billion, which will test investor appetite for big Tokyo listings after some weak debuts this year.
NEW YORK, Sept 10- Apple Inc and GT Advanced Technologies Inc were among the biggest movers in premarket trading on Wednesday, with both seeing heavy action a day after Apple's latest product launch event. Apple rose 0.4 percent to $98.41 on volume of almost 349,000 shares, making it the most active stock on Nasdaq before the opening bell.
LONDON, Sept 10- Global shares struggled on Wednesday as markets added to bets on an early U.S. rate hike while nagging concerns over Scotland's future unnerved investors in Europe, hurting sterling and helping the dollar hold on to recent gains.
*Eldest daughter Ana Botin to succeed- sources. MADRID, Sept 10- Emilio Botin, one of Spain's most powerful men who transformed Santander from a small domestic lender into the euro zone's biggest bank, has died of a heart attack, aged 79..
CARSON CITY, Nev., Sept 10- Nevada lawmakers on Wednesday will consider controversial tax breaks estimated at up to $1.3 billion for Tesla Motors Inc to build its $5 billion battery factory in the state. "It's exciting that a company such as Tesla has chosen Nevada," said Kirkpatrick, a North Las Vegas Democrat.
*Jitters over Scotland vote rattle investors. PARIS, Sept 10- European stocks fell for a fourth straight session on Wednesday, erasing what was left of the gains spurred by the European Central Bank's rate cut and additional measures unveiled last week to support the region's economy.
MADRID, Sept 10- Spain's Santander appointments and remunerations committee will propose Ana Botin as the new chairwoman of the bank to the board of directors, which is expected to back the appointment, this afternoon, two sources said on Wednesday.
He did not say whether they would touch on an "oil-for-goods deal" which Tehran and Moscow have been discussing as a way to get round Western sanctions imposed on Russia over the Ukraine crisis and on Tehran over its nuclear programme.
NEW YORK, Sept 10- U.S. stock index futures were a touch higher on Wednesday, suggesting investors found few reasons to jump back into the market even after a recent string of weakness. *The S&P 500 fell sharply on Tuesday, closing under its 14- day moving average for the first time since Aug. 12, a cautious signal for short-term momentum.
SPAIN'S SANTANDER BOARD OF DIRECTORS EXPECTED TO BACK APPOINTMENT OF ANA PATRICIA BOTIN AS NEW CHAIRWOMAN- SOURCES.
SPAIN'S SANTANDER APPOINTMENTS AND REMUNERATION COMMITTEE TO PROPOSE APPOINTMENT OF ANA PATRICIA BOTIN AS NEW CHAIRWOMAN- SOURCES.
LONDON, Sept 10- Copper prices steadied on Wednesday near a one-month low, after hefty falls in the previous session, as the dollar's surge against a basket of currencies stabilized, while nickel slipped as supply worries eased.