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  • LONDON, Oct 29- Chilean copper miner Antofagasta posted a 5 percent fall in third-quarter output from the previous three months, mainly due to production stoppages at its Los Pelambres and Centinela operations. The London- listed miner, which like others in the copper sector is battling sluggish prices, falling ore grades and rising costs, managed to reduce its...

  • The SEC is pursuing three overlapping insider-trading investigations involving CMS, the report said, adding that one of the cases involves the Federal Bureau of Investigation. In one probe, the SEC is examining whether any agency officials tipped off policy research firm Marwood Group LLC about CMS's review of Dendreon Corp's prostate cancer treatment...

  • JAKARTA, Oct 29- Born in poverty in a rebel stronghold, Indonesia's new chief economics minister once sold duck eggs on the street to pay his school fees. Sofyan Djalil later studied law in Indonesia and then went to Tufts University in the United States where he received two masters' degrees and a doctorate. "is reportedly close to Vice President Jusuf Kalla, and...

  • HONG KONG, Oct 29- A member of China's central bank's advisory body warned on Wednesday that Beijing will punish Hong Kong if pro-democracy protests that have paralysed parts of the Chinese-controlled financial centre for a month are allowed to continue. Joseph Yam, executive vice president of advisory body China Society for Finance and Banking and a former...

  • European shares rise ahead of Fed; Sanofi drops again Wednesday, 29 Oct 2014 | 4:12 AM ET

    PARIS, Oct 29- European shares rose early on Wednesday, tracking sharp gains on Wall Street ahead of the U.S. Shares in French pharma group Sanofi bucked the trend, dropping 5.3 percent and adding to the previous session's slump, after its board said on Wednesday it had decided to oust chief executive Chris Viehbacher. At 0807 GMT, the FTSEurofirst 300 index of top...

  • "Apart from rising expectations there will be a shift to a freely floating exchange rate already at Friday's rate meeting, a further worsening of sentiment could happen given disagreements over elections in the self-proclaimed DNR/LNR," Dmitry Polevoy, chief Russia economist for ING Bank in Moscow, said in a note. On Tuesday Ukraine condemned as "destructive...

  • Hong Kong shares gain on Fed hopes, casino stocks jump Wednesday, 29 Oct 2014 | 4:07 AM ET

    HONG KONG, Oct 29- Hong Kong shares rose, tracking strength in China markets, on anticipation the Federal Reserve later on Wednesday will reinforce signals that it could be a long time before U.S. interest rates rise. The Hang Seng Index unofficially closed up 1.3 percent at 23,819.87 points in its highest close since Sept. 24, while the China Enterprises Index of...

  • SHANGHAI, Oct 29- FAW-Volkswagen Automobile Ltd, a Chinese joint venture of Volkswagen AG, will recall 270,635 Audi cars in China due to an air bag software issue, China's quality watchdog said on Wednesday. The Audi recall also comes less than two weeks after Volkswagen said it would call back more than 580,000 cars in China to fix a possible suspension defect.

  • SYDNEY, Oct 29- London nickel jumped on Wednesday, adding to a 5 percent gain in the previous session, as worries about declining ore stocks in China set off a buying spree that traders said included purchases by consumers. Nickel was this year's stellar pick for investors after a ban on Indonesian ore exports threatened to starve China's stainless steel mills of...

  • UPDATE 2-Sanofi board meets, report says CEO to be ousted Wednesday, 29 Oct 2014 | 3:52 AM ET

    *Sanofi shares fell over 10 pct on Tuesday. PARIS, Oct 29- Sanofi's board was on the verge of ousting its CEO at a special board meeting on Wednesday, according to Le Monde newspaper, two days after it emerged he had fallen out with the French drugmaker's chairman. Several sources close to Sanofi's board told Reuters of an increasingly frosty relationship between...

  • HONG KONG, Oct 29- A member of China's central bank's advisory body warned on Wednesday that Beijing will punish Hong Kong if pro-democracy protests that have paralysed parts of the Chinese-controlled financial centre for a month are allowed to continue. Joseph Yam, executive vice president of advisory body China Society for Finance and Banking and a former...

  • LONDON, Oct 29- Britain's No.2 clothing retailer Next cut its profit guidance on Wednesday after unusually warm weather suppressed demand for its winter wear, sending an ominous sign to rivals ahead of the crucial Christmas season. Next, which trades from over 500 stores in Britain and Ireland, about 200 stores overseas, and through its Directory internet and...

  • SEOUL, Oct 29- The Shanghai Stock Exchange is unaware of when a landmark trading scheme with the exchange in Hong Kong will launch, an exchange official said, adding that the two bourses had already "done their jobs" for the project to take off. Bo Que, executive vice president of the Shanghai Stock Exchange, said the exchange was optimistic. It is entirely up to the...

  • PARIS, Oct 29- The new head of Total will embark on a tour to meet crucial contacts at oil-rich countries in the next few weeks and will forge ahead with cost cuts in the face of the falling oil prices that squeezed third-quarter profits. Europe's second-largest oil company elevated former refining head Patrick Pouyanne to the CEO position following the sudden...

  • SHANGHAI, Oct 29- China shares showed solid gains, with transportation stocks leading the way, on hopes the government will unveil reform measures. Hopes for reform at state-owned enterprise were lifted as China's domestic media reported that China CNR and CSR Corp were planning to merge. China Eastern Airlines Corp Ltd and COSCO Shipping Co Ltd both climbed...

  • LONDON, Oct 29- Britain's No.2 clothing retailer Next cut its profit guidance on Wednesday after unusually warm weather suppressed demand for its winter wears, sending an ominous sign to rivals ahead of the crucial Christmas season. Next, which trades from over 500 stores in Britain and Ireland, about 200 stores overseas, and through its Directory internet and...

  • MOSCOW, Oct 29- The minimum interest rate on a 28- day dollar repo auction to be held on Wednesday will be 2.4035 percent, the Russian central bank said.

  • Rouble weakens vs dollar, euro in early trade Wednesday, 29 Oct 2014 | 3:08 AM ET

    MOSCOW, Oct 29- The rouble weakened against both the dollar and the euro in early trade on Wednesday, extending losses from the previous session. At 0705 GMT, the rouble was 0.38 percent weaker against the dollar at 42.62 and lost 0.5 percent to trade at 54.32 versus the euro. The rouble has been sliding on falling oil prices, broad risk aversion towards Russia...

  • RUSSIAN CENTRAL BANK SAYS SHIFTS BOUNDARIES OF ITS FLOATING ROUBLE CORRIDOR BY 40 KOPECKS.

  • *RUSSIAN ROUBLE 0.3 PCT WEAKER VS DOLLAR IN EARLY TRADE Wednesday, 29 Oct 2014 | 3:02 AM ET