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  • *Provisional deal is Airbus's largest by number of planes. NEW DELHI/ PARIS, Oct 15- Indian budget airline IndiGo handed Airbus its biggest ever potential plane order on Wednesday-- but shares in the planemaker slid on fears that the global economic engine underpinning recent jet demand is stalling. But while then, shares in the Airbus parent group jumped 6 percent...

  • BoE won't tell markets what to expect on rates -Weale Wednesday, 15 Oct 2014 | 2:23 PM ET

    HULL, England, Oct 15- The Bank of England will not seek to react to financial markets' changing expectations about when the central bank will start to raise interest rates, a BoE policymaker said on Wednesday. Martin Weale, asked about the changing expectations, said it was not up to the BoE to tell markets what to expect and the central bank's so-called forward...

  • NEW YORK, Oct 15- Oil prices resumed their slump on Wednesday after a brief bounce from four-year lows failed to gain traction, with U.S. crude approaching $80 a barrel as equity markets tumble and economic gloom spreads. European benchmark Brent has fallen 28 percent since June as OPEC's most influential members see little need to shore up markets by cutting...

  • Shares of Delta, American Airlines and United Airlines have dropped more than 18 percent on average in the last month on fears that people will cut travel to reduce the chance of catching Ebola. Buying American Airlines shares now almost guarantees gains, according to a JPMorgan report by analyst Jamie Baker published Tuesday. When shares of Continental...

  • WASHINGTON, Oct 15- The U.S. economy expanded at a "modest to moderate" pace across much of the nation in recent weeks, the Federal Reserve said on Wednesday, giving a picture of stable economic growth despite recent signs of weakness. In its Beige Book report of anecdotal information on business activity collected from contacts across the nation, the central bank...

  • WASHINGTON, Oct 15- The U.S. Supreme Court on Wednesday appeared closely divided as it weighed Teva Pharmaceutical Industries Ltd's high-profile fight with generic drug manufacturers over patent protections for Copaxone, its top-selling multiple sclerosis drug. Israel- based Teva is battling to protect a key patent for the $4- billion- a-year MS drug that is...

  • ROME, Oct 15- India has until next Tuesday to support a global trade deal struck last year or risk being left out of the agreement to ease worldwide customs rules, the chairman of EU trade ministers said on Wednesday. India in July blocked what would have been the first global trade reform in two decades, which according to some estimates would add $1 trillion and 21...

  • *Greece ready to forego 12 bln euros remaining in IMF bailout. *Euro zone reluctant to remove IMF from supervising Greece. They also said Europeans were resisting a push by Athens to end borrowing from the IMF, which is unpopular in Greece and causing political problems.

  • Charles Schwab Corp says 3rd-qtr profit jumps 11 percent Wednesday, 15 Oct 2014 | 1:38 PM ET

    NEW YORK, Oct 15- Charles Schwab Corp, the discount brokerage pioneer now marketing itself as a full-service firm that gives investors advice, said its third-quarter profit climbed 11 percent from a year earlier to $321 million on double-digit growth in management fees and interest revenue. The San Francisco- based firm's total revenue rose 12.9 percent from...

  • Concerns over weak economic growth in Europe and stagnation in emerging markets have dented shares of these large industrial companies, which depend on sales outside of the United States, according to portfolio managers and analysts who follow the stocks. "As far as the diversified industrials, the big bugaboo the last month is if you have a higher...

  • Euro partners see Greece softening line on ending support Wednesday, 15 Oct 2014 | 1:20 PM ET

    BRUSSELS, Oct 15- Greece's partners in the euro zone believe Athens is changing its mind about giving up on their financial help next year and might ask for a credit line to replace funds from the IMF. Euro zone officials told Reuters that Greece seemed to be having second thoughts about a return to purely market funding after pressure from EU powers- and from...

  • In a letter to a Federal Communications Commission official viewed by Reuters on Wednesday, GM's Global Connected Consumer executive director, Harry Lightsey III, urged the FCC to "retain the critical distinction" among rules for fixed and mobile Internet traffic and said new limitations for the mobile industry may constrain innovation in connected cars.

  • The SEC said Judy Wolf, then at Wells Fargo Advisors LLC, in 2010 closed an internal review of a Brazil- based broker's trading with no findings. The SEC said its staff spotted the alteration after Wells Fargo provided the document as part of the commission's investigation. "Regardless of her motivation, her conduct was inconsistent with what the SEC expects of...

  • UPDATE 2-St. Jude Medical lowers forecast; shares fall Wednesday, 15 Oct 2014 | 1:07 PM ET

    Oct 15- Heart device maker St. Jude Medical Inc on Wednesday forecast fourth-quarter revenue below Wall Street estimates, citing soft international sales and unfavorable foreign exchange rates, and its shares fell nearly 4 percent. The maker of pacemakers, implantable defibrillators, replacement heart valves and neurological products said it expects...

  • *Q3 net loss $0.01/ shr vs. profit $0.20 year earlier. Oct 15- Bank of America Corp said on Wednesday that it has moved past the worst of its legal settlements linked to the financial crisis, after its latest big legal charge brought the bank's common shareholders a net loss for the third quarter. In the most recent settlement, the bank paid $16.65 billion to resolve...

  • U2's Bono says "Oops, sorry" for iTunes album download Wednesday, 15 Oct 2014 | 12:54 PM ET

    LONDON, Oct 15- U2 lead singer Bono apologized on Wednesday to iTunes users who objected to receiving an automatic download of the Irish rock group's latest album in September in conjunction with the launch of new Apple iPhones. "Oops, I'm sorry about that," Bono said in a video interview with the band posted on Facebook, in which U2 responded to questions posed by...

  • European stocks suffer biggest one-day slide since 2011 Wednesday, 15 Oct 2014 | 12:49 PM ET

    *$255 bln wiped off the market value of STOXX 600 stocks. PARIS, Oct 15- A sell-off in European stocks accelerated on Wednesday, with a key index suffering its biggest one-day slide in nearly three years as investors slashed exposure to risky assets on mounting worries about global growth. That is more than Portugal's GDP and more than the entire market...

  • BUZZ-TIME WARNER, NETFLIX, AMAZON: HBO'S NEW ONLINE STREAMING. **Shares of video streaming company Netflix Inc down 3 pct at $436.54. **Up to Tuesday's close, Time Warner and Netflix stocks had risen about 7 pct and 22 pct, respectively, this year, while Amazon stock had fallen about 23 pct.

  • UPDATE 1-U.S. budget deficit lowest since 2008 - Treasury Wednesday, 15 Oct 2014 | 12:47 PM ET

    WASHINGTON, Oct 15- The U.S. budget deficit fell by nearly a third to $483 billion in fiscal 2014, the lowest level since 2008, as a quickening economic recovery boosted tax collections and spending grew only modestly, the Treasury Department said. The deficit, down from $680 billion last year, was the lowest since a $459 billion budget gap in fiscal 2008, which was...

  • EPA said it was applying "first-time-ever restrictions" on its approval of the herbicide, called Enlist Duo, which is designed to be used with new genetically modified crops developed by Dow AgroSciences, a unit of Dow Chemical. EPA said the approval lays out a template of new requirements for future approvals of herbicides designed for use with genetically...