*FireEye shares decline after secondary offering. *Cerberus Capital to buy Safeway; Safeway shares slip. President Barack Obama over Moscow's military intervention in Crimea, saying Russia could not ignore calls for help from Russian speakers in Ukraine.» Read More
UK retailers are still taking a cautious view of the market for the year ahead even though official data and surveys have shown an improving outlook for UK consumer spending, which generates about two-thirds of gross domestic product.
*Gemalto hit as iPhones do not include NFC. LONDON, Sept 11- European shares scaled fresh highs on Wednesday with chip designer ARM Holdings leading the gainers on expectations of a boost to earnings after its partner Apple unveiled two new iPhones.
LONDON, Sept 11- Reckitt Benckiser Group will be a major player in a coming shakeout of the global consumer health industry and has the capability to do sizeable deals, according to its chief executive.
Li also said in a speech to government leaders and company executives at the World Economic Forum in the northeastern port city of Dalian that China will keep its monetary policy stable even if capital markets show volatility. "China is at a critical stage of restructuring and updating its economy.
MILAN, Sept 11- The threat of a political crisis pushed Italy's funding costs higher at an auction on Wednesday, with the world's fourth-largest debtor paying more to borrow over one year than it has since December 2012.
LONDON, Sept 11- Gold hovered around a three-week low hit earlier on Wednesday, remaining under pressure as hopes that a U.S. military strike against Syria could be averted dented the metal's safe-haven appeal.
*European Commission chief urges faster action on banking union. STRASBOURG, France, Sept 11- European Commission President Jose Manuel Barroso declared on Wednesday that economic recovery was within sight after nearly four years of Europe's debt crisis and urged governments to move faster to complete a stalled banking union.
SHANGHAI, Sept 11- Chinese insulin maker Gan& Lee Pharmaceuticals said on Wednesday it was investigating allegations published in a newspaper that it spent around 800 million yuan to bribe doctors to promote the firm's drugs over five years.
Sept 11- Goldman Sachs lowered its 12- month forecast for commodity returns, predicting a fall in precious metals, agriculture and energy. Goldman Sachs said it expects industrial metals to rise 2 percent.
TOKYO, Sept 11- The operator of the wrecked Fukushima nuclear plant said levels of tritium- considered one of the least harmful radioactive elements- spiked more than 15 times in groundwater near a leaked tank at the facility over three days this week.
LONDON, Sept 11- Britain's unemployment rate dropped in July to its lowest since late last year, adding to speculation that the Bank of England may raise interest rates earlier than it has predicted. The rate dipped to 7.7 percent in the three months ending in July from 7.8 percent previously, the Office for National Statistics said on Wednesday.
*Copper stocks, Fed stimulus worries cap gains. *Risk of U.S. strike on Syria recedes. LONDON,- Copper edged up on Wednesday, recouping Tuesday's losses on hopes for improved strength in China's economy and reduced risk of a U.S. strike on Syria, though traders remained mindful about growing supplies and U.S. plans to taper monetary stimulus.
Sept 11- Tropical Storm Humberto became the first hurricane of 2013 over the eastern Atlantic, the U.S. National Hurricane Center said in its latest bulletin on Wednesday.
MILAN, Sept 11- The threat of a political crisis pushed up Italy's borrowing costs at auction on Wednesday as the world's fourth-largest debtor paid 1.34 percent to sell one-year paper, the highest since December 2012. Italy had paid 1.053 percent on the same maturity a month ago. Italy sold the planned 8.5 billion euros in one-year bills.
*FTSEurofirst 300 flat at 1,243.20. LONDON, Sept 11- Chip designer ARM topped the list of European gainers early on Wednesday after its partner Apple unveiled two new iPhones while the receding threat of U.S. military action in Syria helped keep European shares near three-month highs.
BEIJING, Sept 11- Investors are confident China has put a floor under a protracted slowdown for now and will meet the government's growth target for 2013, but analysts say the trade-off is a delay in addressing imbalances in the world's second-largest economy.
*Barroso says investors still lack confidence in the euro zone. STRASBOURG, France, Sept 11- European Commission President Jose Manuel Barroso called on the EU on Wednesday to cement its fragile economic recovery even as an emergence from crisis reduces pressure to act, saying political upheaval was still the biggest risk.
LONDON, Sept 11- A week of gains for world stocks petered out on Wednesday and a sell-off in oil and core government debt eased, as talks began on trying to avert a U.S. military strike on Syria against a broadly calm market backdrop.
*Obama speech reduces chances of US strike against Syria. LONDON, Sept 11- The yen was in sight of multi-year lows versus the euro and slipped to a seven-week trough against the dollar on Wednesday as an easing in international tensions over Syria prompted investors to seek higher-yielding assets.
AOMORI, Japan, Sept 11- Policymakers should not overreact to any blip in the economy from an expected sales tax hike next year, a Bank of Japan board member said, suggesting that no additional monetary stimulus is required as long as the downturn is short-lived.