Premier Li Keqiang declared China's pollution as "nature's red-light warning against inefficient and blind development" in his address to the annual meeting of parliament on March 5.» Read More
*Bargain hunting rises as prices drop below $1,300. NEW YORK, Oct 16- Demand for U.S. gold coins has surged in October, reversing recent weak sales, boosted by bargain hunting as prices plunged below $1,300 an ounce and some safe-haven buying due to the U.S. budget impasse. "We are under $1,300 for a few days, so people are thinking this is a good time to step in," Kramer said.
*Grangemouth "Hugely important complex"- Scotland's first minister. LONDON, Oct 16- Britain may shut its second major oil refinery in just two years in the fallout from a bitter labour dispute at the Grangemouth refinery that provides most of Scotland's fuel and is crucial to the pumping of crude oil from the North Sea.
OTTAWA, Oct 15- Canada's Conservative government on Wednesday highlighted a populist, pro-consumer approach ahead of a 2015 election, but says it will continue to push for more jobs and economic growth.
WASHINGTON, Oct 16- The U.S. Senate announced a last-minute deal on Wednesday to avert a historic lapse in the government's borrowing ability and a potentially damaging debt default, and to reopen the government after a two-week shutdown.
*Decision by USDA expected by end of this week. The reports, scheduled for Oct. 11, were delayed by the partial federal government shutdown, which has sidelined thousands of USDA employees. USDA ordinarily spends nearly three weeks gathering and analyzing crop data for the widely monitored and often market-moving reports.
MEXICO CITY, Oct 16- Mexico dairy producer Lala's stock soared in its market debut on Wednesday, jumping more than 10 percent before easing in the latest in a record number of public offerings on the local market.
Oct 16- BNY Mellon Corp's top executives said on Wednesday that clients had started to flood the trust and custody bank with billions of dollars of deposits as they worry about the effects of the U.S. government shutdown.
WASHINGTON, Oct 16- U.S. Senate Democratic leader Harry Reid and Senate Republican leader Mitch McConnell announced a bipartisan deal on Wednesday to raise the U.S. debt limit and end the government shutdown.
Investment firms and big Wall Street banks, including PIMCO, Fidelity Investments, Blackrock Inc, Citigroup Inc and JPMorgan Chase& Co, said they had sold Treasury bonds that expire in the coming weeks, either to protect clients' investment portfolios or their own balance sheets against losses in the event of a U.S. default. 1/ 8 ID: nL1N0HY1JF 3/ 8.
*Cuts full-year adj earnings/shr forecast to $4.90- $5.00 from $5.40- $5.65. Oct 16- Power tool maker Stanley Black& Decker Inc slashed its 2013 profit forecast, blaming weakness in its European security business and the U.S. government's shutdown and spending cuts, sending its shares down as much as 15 percent.
Oct 16- Advance Auto Parts Inc will buy 1,418 outlets of the Carquest chain to boost its auto repair operations to complement its car parts business, sending its shares up as much as 20 percent to a record high.
*Hong Kong probe signals investigation has reached Asia. HONG KONG/ LONDON, Oct 16- The global probe into suspected price manipulation in the currency market intensified on Wednesday, with Hong Kong becoming the first authority in Asia to look into the allegations and Britain opening a formal investigation.
Oct 16- Bank of Montreal on Wednesday promoted Frank Techar to the newly created position of chief operating officer, with responsibility for three of the bank's four main business lines. As chief operating officer, he will also assume responsibility for BMO Harris Bank, the bank's U.S. retail bank, and for BMO's wealth management operations.
*Senate leaders said to be close to a deal. But even if the Senate and House of Representatives manage to overcome procedural hurdles to seal the deal before Thursday- when the Treasury says it will exhaust its borrowing authority-- it will only be a temporary solution that sets up the prospect of another showdown early next year.
WASHINGTON, Oct 16- U.S. Senate leaders intend to announce their deal to reopen the government and raise the country's debt limit when the Senate convenes at noon EDT on Wednesday, a senior aide said. The Republican-led House of Representatives will vote first on the proposal, which is expected to pass with mostly Democratic votes, the aide said.
*U.S. House expected to vote on Senate deal. *Bank of America posts profit, credit loss provisions dip. "Market participants on balance believe something will get done, and it's going to get done in typical Washington fashion, at the eleventh hour," said Art Hogan, managing director at Lazard Capital Markets in New York.
*US Senate edges closer to budget deal, needs House OK. NEW YORK, Oct 16- U.S. crude oil futures gained more than 1 percent on Wednesday as it appeared Congress was close to an 11th- hour deal to raise the government's debt ceiling and prevent a default.
NEW YORK, Oct 16- Knight Capital Americas, now part of KCG Holdings Inc, has agreed to pay $12 million to settle charges in connection with a trading glitch in 2012 that roiled markets, the U.S. Securities and Exchange Commission said on Wednesday.
*Third-quarter profit of 90 cents/ shr vs est 89 cents. Oct 16- St. Jude Medical raised its full-year earnings forecast and said its implantable devices that treat irregular heartbeats gained market share in the United States.
RIO DE JANEIRO, Oct 16- Brazil's government sees the planned Monday sale of Libra, an oil discovery billed as the biggest offshore oilfield ever sold, as a crowning achievement of an energy plan designed to end poverty and help the country join the developed world.