*Malaysia Airlines flight loses contact hour after takeoff. KUALA LUMPUR/ HO CHI MINH CITY, March 9- A Malaysia Airlines flight carrying 227 passengers and 12 crew was presumed to have crashed off the Vietnamese coast on Saturday, and European officials said two people on board were using false identities.» Read More
STOCKHOLM, Sept 18- Securitas may struggle to reach its target to triple revenues from contracts that combine high-tech surveillance with traditional manned guarding by the end of 2015, its CEO said, due in part to delays in a reform of U.S. health insurance.
LONDON, Sept 18- All market benchmarks will be regulated to stamp out rigging of the kind seen with the London Interbank Offered Rate or Libor, a draft European Union law said on Wednesday. This rows back on earlier plan for the Paris- based European Securities and Markets Authority to regulate "critical" benchmarks such as Libor, oil.
BEIJING, Sept 18- China must plan its massive urbanisation better to limit environmental damage and to ensure that millions of migrants benefit more from the process, World Bank Group President Jim Yong Kim said on Wednesday.
Ranbaxy, which is 63.5 percent- owned by Japan's Daiichi Sankyo Co and gets more than 40 percent of its sales from the United States, did not immediately respond to a request on Wednesday for comment on the FDA observations.
*Thomas, CFO of Siemens' Industry business, named CFO. MUNICH/ FRANKFURT, Sept 18- German engineering conglomerate Siemens named insider Ralf Thomas as its new finance chief in a management reshuffle on Wednesday, replacing Joe Kaeser who was promoted to the chief executive's post last month following a fierce boardroom battle.
WASHINGTON, Sept 18- President Barack Obama will appeal to business leaders on Wednesday to urge Congress to approve an increase in the U.S. debt limit and avoid a default that is possible as early as mid-October. Obama will tell business leaders that they should pile pressure on Congress, which must vote to increase U.S. borrowing capacity, to avoid a default.
LONDON, Sept 18- Brent crude steadied above $108 a barrel on Wednesday as world powers held talks to eliminate Syria's chemical weapons- easing concerns that oil supply from the Middle East would be at risk. U.S. crude gained 69 cents to $106.11, after settling $1.17 per barrel lower on Tuesday.
ATHENS, Sept 18- Strong spending by foreign visitors widened Greece's current account surplus in July, confirming expectations that a bumper tourism season will help ease the debt-laden country's recession this year. Greece's current account deficit had swollen to 15 percent of gross domestic product in 2008, highlighting its lack of competitiveness.
BEIJING, Sept 18- Annual profit growth of China's state firms gathered speed in the first eight months of 2013, official data showed on Wednesday, reinforcing views that the world's second-largest economy is regaining some traction.
The violence in Zamboanga City in the country's long-troubled south will have little immediate economic or investment impact as long as it doesn't spread in coming weeks, government officials and economists say. "Mindanao has so much to offer, but of course the stupid fighting in Zamboanga is just throwing everything back.
TOKYO, Sept 18- Toyota Motor Corp will invest around 18 billion yen to expand capacity at its St. Petersburg plant in Russia where it will start assembling its popular RAV4 SUV in 2016, the Japanese carmaker said on Wednesday.
*Gain driven by China spending, dip in commodity prices. BRUSSELS, Sept 18- Agricultural subsidies as a share of farm income bounced back in 2012 from a record low the previous year, thanks to a dip in commodity prices and increased farm spending by China and others, the OECD said on Wednesday.
DUBAI, Sept 18- Bahrain- based Islamic investment firm Arcapita has become the first Gulf company to emerge from U.S. bankruptcy under Chapter 11 rules, in a move that could help clarify how Islamic finance is treated in Western courts.
MUMBAI, Sept 18- India's new central bank chief Governor Raghuram Rajan is expected to leave key policy rates unchanged in his first monetary policy review on Friday, and continue emergency cash tightening measures initiated in-mid July to stabilise the rupee, and check racing inflation.
ISLAMABAD, Sept 18- In a nondescript, creeper-draped building in the capital of Islamabad, a small team of men is purging Pakistan's Internet. Online debates dissect attacks by U.S. drone aircraft, the uneasy alliance with the United States and prospects for peace with arch rival India.
Sept 17- Coffee chain Starbucks Corp has asked U.S. customers to leave their guns at home after being dragged into an increasingly fractious debate over U.S. gun rights in the wake of multiple mass shootings.
LONDON, Sept 18- Markets took last minute positions on Wednesday ahead of what is expected to be the first tentative step by the U.S.
LONDON, Sept 18- The U.S. dollar held near a four-week trough against a basket of major currencies on Wednesday as investors bet that any move by the Federal Reserve to roll back stimulus will be modest. Indeed, since a disappointing U.S. non-farm payrolls report on Sept. 6, markets have scaled back expectations on the size of any pullback in stimulus.
The verdict will be announced on Sunday at 10 a.m., the court in Jinan in eastern China where Bo was tried said on its microblog.
HONG KONG, Sept 18- Hong Kong shares slipped for a second-straight session in light volume on Wednesday as investors stayed away ahead of an expected paring of stimulus by the U.S. The China Enterprises Index of the top Chinese listings in Hong Kong shed 0.6 percent.