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  • NEW YORK, Oct 9- The El Niño weather phenomenon is favored to occur in the next 1-2 months and last into next spring in the Northern Hemisphere, the Climate Prediction Center, an agency of the National Weather Service, said on Thursday. The forecast marks the strongest prediction yet from the U.S. weather forecaster after CPC went on El Niño watch earlier this year.

  • *Seven people hospitalised, monitored in Madrid hospital. MADRID, Oct 9- The health of a Spanish nurse with Ebola worsened on Thursday and four other people were put into isolation in Madrid, while the country's government rejected claims its methods for dealing with the disease weren't working and blamed human error. Romero, 44, is the first person to have...

  • NEW YORK, Oct 9- The El Nino weather phenomenon is favored to occur in the next 1-2 months and last into next spring in the Northern Hemisphere, the Climate Prediction Center, an agency of the National Weather Service, said on Thursday.

  • BRUSSELS, Oct 9- European Energy Commissioner Guenther Oettinger has asked Ukraine and Russia to take part in another round of talks to try to solve a gas pricing row next Tuesday in Berlin, a Commission official said.

  • Maersk says 2M shipping alliance to start Jan 2015 Thursday, 9 Oct 2014 | 9:01 AM ET

    COPENHAGEN, Oct 9- Denmark's A.P. Moller-Maersk said on Thursday its shipping alliance with MSC Mediterranean Shipping Co would begin operations in January next year after receiving approval from U.S. regulators. "The U.S. was the only remaining jurisdiction where the parties had to obtain formal approval.

  • Oct 9- Riverbed Technology Inc said it would review its alternatives and started a restructuring program to cut costs, three days after activist investor Elliott Management reaffirmed its offer to buy the network equipment maker. The company's stock rose 3.5 percent to $18.72 in premarket trading on Thursday. The restructuring plan was aimed at reducing...

  • *Wall Street expected to dip as Q3 earnings get into gear. Wall Street was expected to open lower, beaten-down oil and commodity prices were sliding again and bond yields in much of Europe, which have plunged during years of cheap funding from the Fed and the world's other major central banks, hit record lows. But Britain's FTSE 100, Germany's DAX and France's CAC 40...

  • NEW YORK, Oct 9- U.S. stock index futures pointed to a lower Wall Street open on Thursday, with earlier gains erased as concerns about global growth spurred investors to take profit following a massive advance in the previous session. The third-quarter earnings season got off to a strong start, with both Alcoa Inc and PepsiCo Inc rallying in premarket trading...

  • Icahn urges Apple to repurchase more shares Thursday, 9 Oct 2014 | 8:52 AM ET

    Oct 9- Billionaire activist investor Carl Icahn urged Apple Inc's board to start a tender offer to repurchase shares using a part of its $133 billion cash pile. "We believe Apple is dramatically undervalued in today's market, and the more shares repurchased now, the more each remaining shareholder will benefit...," Icahn said in a letter to Apple's board.

  • WASHINGTON, Oct 9- The number of Americans filing new claims for unemployment benefits fell last week to nearly its lowest level since before the 2007-09 recession, a sign of growing steam in the U.S. labor market. Initial claims for state unemployment benefits dropped 1,000 to a seasonally adjusted 287,000 in the week ended Oct. 4, the Labor Department said on...

  • PARIS, Oct 3- French judges on Friday effectively suspended a trial involving allegations of insider trading in the shares of Airbus Group to allow a higher court to rule on whether the long-awaited procedure was constitutional. Seven current or former managers and two former industrial shareholders are accused of illegally selling shares in what was then...

  • PARIS, Oct 9- Transatlantic aero engine joint venture CFM International said on Thursday it had begun flight trials of its next-generation LEAP engine, stepping up a race for billions of dollars of jet engine sales in the coming years. The company, co-owned by General Electric and France's Safran, said in a statement it was on track to win safety approval for the...

  • HONG KONG, Oct 9- Hong Kong called off talks with protesting students on Thursday, dealing a heavy blow to attempts to defuse a political crisis that has seen tens of thousands take to the streets to demand free elections and calling for leader Leung Chun- ying to resign. The government's decision came as democratic lawmakers demanded anti-graft officers...

  • Adding to the sense that rate rises might come later than recently thought, the Fed has sounded worried about the impact on the U.S. economy of the slowdown in Europe and in Asia. British finance minister George Osborne called on the European Central Bank to do more to help growth, despite the concerns of Germany about the risks of the central bank buying...

  • Kindred says to buy Gentiva in $1.8 bln deal Thursday, 9 Oct 2014 | 8:38 AM ET

    Oct 9- Kindred Healthcare Inc said it would buy Gentiva Health Services Inc in a cash and stock deal valued at $1.8 billion, including the assumption of net debt. Kindred said the deal, which it valued at $19.50 per share, would enhance its position as a post-acute care and rehabilitation service provider. Gentiva shareholders will receive $14.50 per share in cash...

  • Oct 9- Botox maker Allergan Inc lifted its third-quarter profit estimate and said the updated forecast showed that Valeant Pharmaceuticals Inc's takeover offer undervalued the company. "Today's announced expectations for the third quarter and updated future outlook further demonstrate that there is a vast value gap between Valeant's offer and the...

  • NEW YORK, Oct 9- PepsiCo Inc raised its full-year earnings forecast and said snack sales helped its quarterly profit beat expectations, sending its shares up more than 1 percent in premarket trading. PepsiCo, which sells Frito-Lay snacks as well as beverage brands like Mountain Dew and Tropicana, said it earned a net income of $2 billion, or $1.32 a share, in the...

  • Oct 9- Impax Laboratories Inc said it gained access to an emergency anti-allergen injection, epinephrine, by acquiring two privately held Pennsylvania drugmakers for $700 million. Impax said it bought Lineage Therapeutics Inc, which sells a generic epinephrine drug administered through its USP auto-injector system, and Tower Holdings Inc..

  • Oct 9- Auxilium Pharmaceuticals Inc agreed to be bought by Endo International Plc for $1.67 billion and terminated its deal to buy Canadian eye-drug maker QLT Inc.. Endo moved its tax domicile to Ireland from Pennsylvania last year when it bought Canadian drugmaker Paladin Labs Inc.. Citi is Endo's financial adviser and Sullivan& Cromwell LLP is its legal...

  • Brent for November delivery was down 41 cents at $90.97 by 1200 GMT, having fallen to $90.83 earlier. The front-month contract fell as low as $90.57 on Wednesday, the lowest since June 2012, before recovering to close at $91.38- still down 73 cents. November crude lost 12 cents to $87.19 after closing $1.54 down in the previous session, during which it hit its lowest...