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  • PUTIN, ASKED ABOUT BASHNEFT CASE, SAYS HE WILL NOT INTERVENE IN LEGAL CASES.

  • PUTIN SAYS THERE WILL NOT BE WIDE-SCALE REVISION OF PRIVATISATION OF POST-SOVIET RUSSIA.

  • SAN FRANCISCO, Oct 2- PayPal's biggest threat as it prepares to split from eBay next year may come from former employees who back a crop of new businesses serving shoppers who increasingly prefer to pay with mobile phones rather than personal computers. Stripe, which helps merchants like Apple Inc and car-sharing service Lyft accept payments made by smart...

  • SAN FRANCISCO, Oct 2- High salaries and free food aren't enough any more in Silicon Valley, where maturing companies are competing for talent with creative health care and "wellness" programs that use gadgets to promote good behavior. Silicon Valley employers see themselves fighting for good engineers. "It's absolutely a key way to recruit talent," said Joe Gracy,...

  • LONDON, Oct 2- Energy-rich Kazakhstan, gearing up for its first Eurobond in over a decade, is seeing its appeal dimmed by falling oil prices and the crisis in nearby Russia, potentially forcing it to give investors a slightly higher yield premium than expected. Fund managers, some of whom attended the presentation in London, said Kazakhstan was keen on a...

  • *Europe stocks drop as global sell-off continues. LONDON, Oct 2- World stocks and oil were knocked hard on Thursday after global manufacturing data and an Ebola health scare in the United States spooked markets, sending investors scurrying to the safety of U.S. bonds, the yen and gold. Confirmation of a case of Ebola in the United States joined a growing list of...

  • METALS-Copper steadies as dollar rally stalls Thursday, 2 Oct 2014 | 6:45 AM ET

    *Coming up: ECB's Draghi holds news conference at 1230 GMT. LONDON, Oct 2- Copper held steady on Thursday, up from 3-1/ 2 month lows hit the previous day, as the dollar softened from recent highs, although prices remained vulnerable to dollar strength as investors await further clues on the health of the U.S. economy. Benchmark copper on the London Metal Exchange...

  • *Seadrill shares fall, weaker oil prices weigh. LONDON/ PARIS, Oct 2- European stocks slipped for a second straight session on Thursday, with a benchmark share index hitting a five-week low as growth worries persisted after soft manufacturing data from Asia and Europe. Traders were keen for details on the European Central Bank's new asset-buying plan, due later on...

  • BANGKOK, Oct 2- Consumer confidence in Thailand dropped in September for the first time since May's military coup, a university survey showed, adding to evidence that authorities haven't yet been able to get an economic recovery on track. Consumption is a pivotal engine of growth in Thailand, so getting Thais to spend more is crucial for reaching the growth...

  • FRANKFURT, Oct 2- Shares in Rocket Internet plunged 14 percent within minutes of their stock market debut in Frankfurt on Thursday as investors gave Europe's largest internet listing since 2000 a cold welcome. By 1005 GMT, they were down 3.9 percent at 40.83 euros. Analysts said investors have been concerned about the Berlin- based company's lack of...

  • *German firms worry about Chinese grabbing Russia business. BERLIN, Oct 2- China is ready to seize any business opportunities in Russia resulting from Moscow's diplomatic showdown with Europe over Ukraine, Beijing's ambassador to Berlin said ahead of a meeting of German and Chinese leaders next week. Over 6,000 German firms are active in Russia and Germany is...

  • LONDON, Oct 2- Gold steadied on Thursday as the dollar fell and weak global manufacturing data unnerved equity investors, but expectations of further gains in the U.S. currency kept demand for the metal sluggish. "There is just very low demand for gold in general... and although and there is still some room before prices fall through the $1,200 level, in the long run I...

  • Oct 2- Sears Holdings Corp said it would sell most of its stake in Sears Canada Inc through a rights issue that would raise up to $380 million ahead of the holiday season. Sears Holdings held a 51 percent stake in its Canadian unit as of March 13. Sears Holdings will sell 40 million shares of Sears Canada, after which its stake would fall to about 12 percent, or around 12...

  • MOSCOW, Oct 2- Russian President Vladimir Putin said on Thursday the government would help companies hit by Western sanctions over Ukraine and that it would increase the capital of domestic banks. "The government is prepared to support sectors and companies that have been hit by unwarranted foreign sanctions. He also said that at least 30 billion roubles would...

  • BMW sees 2014 passenger car sales growing 3-4 pct Thursday, 2 Oct 2014 | 6:09 AM ET

    PARIS, Oct 2- Luxury carmaker BMW's global passenger car sales should grow by between 3 and 4 percent this year, sales chief Ian Robertson told Reuters on Thursday. Although growth was slowing in China, it would still be higher than in other markets, Robertson said in an interview at the Paris auto show, adding BMW would now make the 2- series active tourer in China.

  • *BlackRock's Thiel says mistake to bet on full-blown QE. LONDON, Oct 2- Renewed concerns over global economic growth pushed euro zone bond yields near record lows on Thursday, before a European Central Bank meeting after which the ECB is expected to flesh out its plans to pump more money into the economy. Appetite for riskier assets was also suffering due to an...

  • TOKYO, Oct 2- China is likely to have annual growth of at least 7 percent over the next five years as it rebalances its economy to lift domestic demand, the Asian Development Bank's new chief economist said on Thursday. His remarks, in an interview with Reuters in Tokyo, came a week after the Manila- based regional lender left unchanged its 2014 and 2015 growth...

  • LONDON, Oct 2- Oil prices hit their lowest level since June 2012 on Thursday, with benchmark Brent prices dropping below $92 a barrel, as price cuts from top producer Saudi Arabia added to supply glut worries and weak global economic data. Oil declined together with European stocks ahead of a European Central Bank meeting on Thursday, as investors waited to see if...

  • MOSCOW, Oct 2- President Vladimir Putin said on Thursday Russia will not impose restrictions on cross-border capital and currency movements.

  • By Steve Slater and Kirstin Ridley. LONDON, Oct 2- UK short-term lender Wonga is writing off the outstanding debt for around 330,000 customers at a cost of about 220 million pounds, after being forced to overhaul its lending practices by Britain's financial regulator. Privately owned Wonga is the biggest such lender in Britain.