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  • LONDON, Oct 6- Big companies are planning to overhaul their tax arrangements to comply with proposals for new global tax rules even before they become legally enforceable, according to a Thomson Reuters-Euromoney survey of 180 tax professionals across 35 countries. The Organisation for Economic Co-operation and Development was asked in 2012 by the Group of...

  • *Gold seeing resistance at $1,140. LONDON, Oct 6- Gold steadied on Tuesday as the dollar eased after a poor U.S. jobs number last week rattled markets, raising doubts over a Federal Reserve rate rise this year. "The Fed is worried about the implications of continuing low inflation or even outright deflation because of low oil prices, but a December rate hike is still...

  • *OPEC, non- OPEC should work jointly against oversupply-Badri. Russia and Saudi Arabia discussed the oil market in a meeting last week, Russia's energy minister said, echoing demands by OPEC's secretary-general for all oil producers to work together to tackle a global surplus. "The market is possibly moving on speculation that OPEC and non- OPEC countries will...

  • BERLIN, Oct 6- Volkswagen will have to place all projects and investments under review, the carmaker's top labor representative said on Tuesday, as the embattled German group grapples with the fallout of its diesel emissions scandal. "We will need to call into question with great resolve everything that is not economical," Bernd Osterloh, head of VW's works...

  • LONDON, Oct 6- OPEC Secretary-General Abdullah al-Badri said on Tuesday the oil exporter group should work together with producers outside OPEC to tackle a global surplus of crude. "All of us should work together, OPEC and non- OPEC- work together to get rid of this overhang," Badri told an industry conference in London. OPEC has invited non- OPEC countries to attend a...

  • LONDON, Oct 6- Emerging market stocks extended a four-day rally on Tuesday, but currencies weakened as commodity prices came under pressure and investors worried about the health of the global economy. MSCI's emerging stock index rose 0.6 percent to an 18- day high, getting a lift from Asian stock markets finishing the day on an upbeat note.

  • LONDON, Oct 6- World stocks were left clinging to a fifth day of gains on Tuesday as weak data from Europe's largest economy Germany and a dip in commodity markets eroded a recent global rebound. London's FTSE and Germany's were both down 0.1 percent, the CAC 40 in Paris was flat while the euro and sterling were firmer. Nerves about the health of the global economy...

  • *AB InBev has until Oct. 14 to launch bid. LONDON, Oct 6- SABMiller, the brewing giant in talks about a potential takeover by rival Anheuser-Busch InBev, reported improved underlying quarterly sales on Tuesday which it said reflected the strength of its long-term business model. The company declined to comment on the New York Post report.

  • BERLIN, Oct 6- All investments at Volkswagen will be placed under review, the carmaker's top labour representative said on Tuesday, as the embattled German group grapples with the fallout of its diesel emissions scandal. "We will need to call into question with great resolve everything that is not economical," Bernd Osterloh, head of VW's works council told more...

  • Renault board to meet on Nissan alliance - source Tuesday, 6 Oct 2015 | 5:05 AM ET

    PARIS, Oct 6- French carmaker Renault plans to hold a board meeting to discuss its alliance with Japanese partner Nissan later on Tuesday, a source close to the matter said, confirming a report in Le Figaro newspaper. The meeting comes after the French government increased its stake in Renault to 19.7 percent from 15 percent in April, a move it said was intended to...

  • SINGAPORE, Oct 6- Founders of Asia's No.1 budget carrier AirAsia Bhd are sounding out investors to take the company private in a management-led buyout, after its shares took a beating this year following a critical research report, people familiar with the matter said. AirAsia boss Tony Fernandes and his long-time business partner Kamarudin Meranun are...

  • LONDON, Oct 6- Sterling slipped against the euro on Tuesday, weighed down by soft economic data that have pushed back market expectations of monetary tightening by the Bank of England towards the end of next year. A much weaker-than-expected reading of the services sector purchasing managers' index on Monday saw analysts cut forecasts for UK growth for the...

  • LONDON, Oct 6- Government bond yields in Germany edged lower on Tuesday after an unexpected drop in industrial orders heightened fears over global growth and hit European stocks. Orders in the euro zone's powerhouse economy sank in August, due mainly to weaker demand from non-euro zone countries. U.S. trade data due at 1230 GMT may help show the impact of global...

  • MILAN, Oct 6- French media group Vivendi confirmed on Tuesday that it has raised its stake in Telecom Italia to 19.9 percent, in a move that brings its overall investment in Italy's former monopoly network operator to more than 3 billion euros. Sources familiar with the matter told Reuters last week that Vivendi had taken steps to increase its holding in Telecom...

  • European shares slip lower, led by Germany Tuesday, 6 Oct 2015 | 4:31 AM ET

    *TeliaSonera drops 3 pct after newspaper report. *Bouygues rises after defending standalone strategy. Joe Rundle, head of trading at ETX Capital, said that the data and problems at Volkswagen partly explained the underperformance of Germany's blue-chip DAX index.

  • LONDON, Oct 6- Oil edged lower on Tuesday as some investors sold out of positions following a rally in the previous session that saw crude gain more than 2 percent on news that major producers may meet to counter the recent price decline. Brent crude, the global oil benchmark, was down 20 cents at $49.05 a barrel by 0812 GMT. "The move is mainly down to profit-taking at...

  • HONG KONG, Oct 6- Hong Kong shares closed mixed on Tuesday, with the main index down slightly but the Chinese Enterprise index lifted by gains in energy stocks, such as PetroChina. Casino stocks continued their week-long rebound from multi-year lows, with Sands China rising 8.6 percent, Wynn Macau up 7.4 percent, and Galaxy Entertainment climbing 3.9 percent.

  • HONG KONG, Oct 6- Saudi Aramco, the world's biggest oil producer, is in talks to acquire a stake in a China National Petroleum Corp refinery as well as retail assets, people familiar with the matter said- a deal that would help it sell more of its output to China amid growing competition. The sale of a stake in an established refinery marks a departure from the past for...

  • NEW DELHI, Oct 6- India imported 17.3 percent more crude oil from Iran last month than it did in August as its top refiner made its first buy from Tehran for a new plant, according to ship tracking data and a report compiled by Thomson Reuters Oil Research and Forecasts. Indian Oil Corp, India's biggest refiner, accounted for most of September's rise from the previous...

  • *Sony sensors used in smartphones such as iPhone. TOKYO, Oct 6- Sony Corp said it will split off its semiconductors operations in a bid to bolster growth in devices such as image sensors, which have helped lead a turnaround at the Japanese electronics maker. Sony said the move was part of the company's push to give autonomy to its business units to accelerate...