*Gazprom says deals on South Stream link to be signed this month. LONDON, March 11- Russia's Gazprom, disregarding European Commission plans to delay talks, said it expected to sign deals this month on building its major South Stream pipeline to carry gas to central and southern Europe without crossing Ukraine.» Read More
NEW YORK, Sept 25- Citigroup Inc has gone to court to block a new effort by Abu Dhabi Investment Authority to pursue an arbitration over a $7.5 billion investment the sovereign wealth fund made in the bank amid the subprime mortgage meltdown in 2007..
LONDON, Sept 25- U.S. and British authorities on Wednesday fined ICAP, the world's biggest interdealer broker, $87 million and laid criminal charges against three former employees over the Libor interest rate rigging scandal.
*Facebook rises after brokerage upgrades. Investors weighed the potential for a U.S. government shutdown against the possibility of a last-minute deal in Congress, keeping indexes near the unchanged mark.
Sept 25- Carnival Corp's shares slid a further 5 percent on Wednesday as analysts cut their price targets on the cruise operator's stock and expressed concern that a recovery in bookings would come no earlier than 2015.. At least one analyst downgraded his rating on the stock, while six cut price targets by up to $4, to between $32 and $42.
WASHINGTON, Sept 25- The U.S. Senate on Wednesday began advancing a bill to keep the government operating beyond Sept. 30 when funding for this fiscal year runs out, as it cleared away a procedural hurdle that some Republicans had erected. The Senate unanimously agreed to limit early debate on the measure in the hope of passing a bill by this weekend.
Shares of BlackBerry traded at $8.10 on Nasdaq in afternoon trading, well below the $9- a-share offer. BlackBerry and Fairfax, its largest shareholder with an almost 10 percent stake, unveiled the plans on Monday for a consortium led by Fairfax to make a takeover bid.
The negotiations have been bogged down for months, pitting Britain against Germany and France.
Sept 25- J.C. Penney Co Inc shares tumbled to their lowest in nearly 13 years on Wednesday after Goldman Sachs said it expects sales at the struggling department store chain to improve more slowly than expected and raised questions about its liquidity. The stock slid as much as 16.5 percent to $9.94, the lowest since January 2001, before recovering up to $10.27.
*Shares touch high of $34.19, valuing company at about $900 mln. It also analyzes tissue samples from clinical trials conducted by companies such as Novartis AG, Johnson& Johnson and Celgene Corp. Novartis accounts for more than 10 percent of Foundation Medicine's revenue.
*Britain mounts challenge to fourth EU policy in top court. LONDON, Sept 25- Britain has launched a legal challenge to the European Union's cap on bankers' bonuses which London fears will hurt its financial industry. Britain has made changes to defer bonuses over several years to discourage short-term bets that could go bad.
MOSCOW, Sept 25- Russian home electronics and white goods retailer M.video is confident that consumers will continue to spend rather than save, despite a sharp economic slowdown. Across Europe, retailers are struggling as government efforts to bring down national debts reduces disposable incomes.
*Argentine weather, China demand give fundamental support. Wheat's recent gains-- prices for the benchmark Chicago Board of Trade December soft red winter wheat contract have risen 4.2 percent so for this week-- have also caused some investors to cover short positions in the commodity as the market has surged through key technical resistance points.
WASHINGTON, Sept 25- The U.S. Congress, already struggling to avert a government shutdown next week, turned its attention Wednesday to the other fiscal bullet it had to dodge: a federal debt default.
Sept 25- Target Corp will launch a free service on Wednesday that lets shoppers set up recurring deliveries of bulky baby goods, a move that mimics Amazon.com Inc and is aimed at attracting more moms.
*Deutsche Bank down 3.1 pct, warns tapering fears curb revenues. LONDON, Sept 25- European shares ended little changed on Wednesday as selloffs in German lenders Deutsche Bank and Commerzbank, hit by concerns about their balance sheets, were offset by a bounce in Spanish peers Santander and BBVA.
NEW YORK/ WASHINGTON, Sept 25- The U.S. Commodity Futures Trading Commission said on Wednesday it has closed its long-running investigation into complaints about manipulation in the silver markets, and is not recommending any charges.
WASHINGTON, Sept 25- U.S. household net worth was lifted in the second quarter by higher home prices and an increase in the value of stocks and mutual funds, the Federal Reserve said on Wednesday, in a hopeful sign for the nation's economy.
NEW YORK/ DETROIT, Sept 25- The United Auto Workers' trust fund has tapped Deutsche Bank for advice on how to exit its 41.5 percent stake in U.S. automaker Chrysler Group LLC, according to two people familiar with the matter.
*Proposal questions Britain's free-market energy model. BRIGHTON/ LONDON, Sept 25- Shares in UK utilities fell on Wednesday after the market digested a plan by the opposition Labour party to freeze power and gas prices if elected in 2015, throwing Britain's liberalised energy industry into doubt.
WASHINGTON, Sept 25- U.S. health regulators have strengthened the warnings on two blood cancer drugs to reflect the risk that they may reactivate the hepatitis B virus in patients previously infected with the disease.