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  • *Bouygues up 3.8 pct, Orange up 1.4 pct. The aborted U.S. foray is seen favourably by Iliad investors because many would prefer Niel focus on organic growth at home and pursue mobile consolidation by reviving talks with struggling number three mobile player Bouygues. Bouygues shares rallied 3.9 percent at 0859 GMT.

  • JPMorgan posts profit as legal costs ease - website Tuesday, 14 Oct 2014 | 5:13 AM ET

    Oct 14- JPMorgan Chase& Co reported a third-quarter profit, as the biggest U.S. bank moved past the huge legal claims that caused it to book a rare loss in the same quarter last year, according to an apparently authentic document posted on website shareholder.com. A JP Morgan spokeswoman in the United States said she had no immediate comment. JPMorgan is the first of...

  • MOSCOW, Oct 14- Gazprom discussed possible trade and corporate financing along with bond issues with Industrial and Commercial Bank of China Limited, one of the world's biggest, the Russian state-controlled gas company said in a statement. In May, Gazprom has signed a $400- billion gas deal to supply China with gas over 30 years. Gazprom added that bond issues...

  • BAGHDAD, Oct 14- Iraq's Kurdistan Regional Government has provided military aid to Kurdish fighters in the embattled city of Kobani, a senior Iraqi Kurdish official said on Tuesday. "We helped them in roughly every arena. We sent them aid, including military, "said Hamid Darbandi, the KRG official responsible for Syrian Kurdish affairs.

  • RUSSIA'S GAZPROM SAYS DISCUSSES POSSIBLE TRADE AND CORPORATE FINANCING, BOND ISSUES WITH INDUSTRIAL AND COMMERCIAL BANK OF CHINA LIMITED.

  • FRANKFURT, Oct 14- German car and truck maker Daimler reported a 29- percent jump in quarterly core earnings at Mercedes-Benz Cars, its biggest business, surprising investors wary of an economic slowdown and pushing its shares higher. Mercedes posted its best-ever quarterly sales in the third quarter through September thanks to the release of new models and...

  • European shares resume slide, Iliad surges Tuesday, 14 Oct 2014 | 4:34 AM ET

    PARIS, Oct 14- European stocks fell early on Tuesday, losing ground for the seventh time in 10 sessions and tracking steep losses on Wall Street as investors fret about the strength of the global economy. British luxury brand Burberry was among the top losers in Europe, down 4.4 percent after warning that market conditions were becoming more difficult, partly...

  • *European shares follow Tokyo, Wall St lower. LONDON, Oct 14- Deepening worries over the health of the global economy dragged shares in Europe and Japan lower on Tuesday, while the dollar rebounded against the euro and yen from big declines the previous day. In Tokyo, Japan's Nikkei share average fell 2.4 percent, hitting lows last seen in mid-August, as traders got...

  • *Lundin Petroleum shares rise 7 percent. OSLO, Oct 14- Swedish oil firm Lundin Petroleum has made a big oil and gas discovery in the Norwegian Arctic, sending its shares more than 7 percent higher and raising hopes that more oil could be found in the remote region. Lundin Petroleum's find in the Alta prospect contains between 125 and 400 million barrels of oil...

  • SHANGHAI, Oct 14- Hong Kong shares ended slightly lower on Tuesday, erasing early gains as worries about cooling global growth continued to weigh on equity markets. The Hang Seng Index closed down 0.4 percent at 23,047.97 points, while the China Enterprises Index of the leading offshore Chinese listings in Hong Kong fell 0.3 percent. The market rallied in the...

  • METALS-LME copper hits 2-wk peak on China outlook Tuesday, 14 Oct 2014 | 4:01 AM ET

    SYDNEY, Oct 14- London copper climbed to fresh two-week peaks on Tuesday, boosted by technical buying after China reaffirmed plans to step up infrastructure projects to support growth, following robust September trade data. China's investment growth should pick up in the coming months as authorities hasten construction of water conservation projects and...

  • LONDON, Oct 14- The world will see much weaker oil demand growth in 2015 than forecast previously, the International Energy Agency said on Tuesday, adding that oil prices may drop further. Oil prices fell for a third straight month in September, and benchmark Brent prices have reached a four-year low of around $88 per barrel in October on abundant supply, slowing...

  • FOREX-Dollar recovers after U.S. sell-off Tuesday, 14 Oct 2014 | 3:51 AM ET

    *Swedish inflation, UK retail sales hit crown, sterling. LONDON, Oct 14- The dollar recovered its footing in Europe on Tuesday after sinking to its lowest in a month against the yen amid deepening worries over global growth and an equities sell-off that is gathering pace. "It's a bit messy this morning, but to characterize it as risk off would probably be the best way of...

  • LONDON, Oct 14- Britain began to take orders for its first government bond denominated in renminbi on Tuesday, after finance minister George Osborne announced plans for the issuance last month. An investor presentation on Monday suggested that Britain expected the bond- the first from a Western government- would offer a yield of around 2.7 percent.

  • Iliad shares leap after failure to win US mobile prize Tuesday, 14 Oct 2014 | 3:28 AM ET

    Backed by billionaire founder Xavier Niel, Iliad made an initial bid worth $15 billion and then raised it further, but was rebuffed by T-Mobile US parent company, Deutsche Telekom. The aborted U.S. foray is seen favourably by Iliad investors because many would prefer Niel focus on organic growth at home and pursue mobile consolidation by reviving talks with...

  • European shares resume sell-off; Iliad surges Tuesday, 14 Oct 2014 | 3:17 AM ET

    PARIS, Oct 14- European shares fell early on Tuesday, tracking sharp losses on Wall Street and resuming their three-week sell-off, dragged by mounting concerns over the strength of the global economy. Shares in British luxury brand Burberry featured among the top losers across Europe, down 4.1 percent after warning that market conditions were becoming more...

  • SHANGHAI, Oct 14- China shares posted a third session of losses on Tuesday, erasing earlier gains in the day as investors took profits amid continuing weakness in global markets. The CSI300 of the leading Shanghai and Shenzhen A-share listings also sank 0.3 percent. "The main reason for the market pulling back is that it's still under great profit-taking...

  • Analysts at Barclays slashed their full-year pretax profit forecast by 60 percent to 4 million pounds. "Moving the brand to higher pricing points had clearly taken its toll on sales with the group responding by reverting back to its roots," the Barclays analysts said in a note, adding they expected new bag launches to help the firm's second-half trade.

  • UPDATE 1-Russia's Gazprom says Q2 net profit up 13 pct Tuesday, 14 Oct 2014 | 2:59 AM ET

    MOSCOW, Oct 14- Russian gas producer Gazprom said on Tuesday its second quarter net profit was up 13 percent to 227.6 billion roubles boosted by foreign exchange gains but still short of analysts expectations. A Reuters poll of analysts had expected Gazprom to post 234 billion roubles in the second quarter net profit, up from 202 billion roubles the same period...

  • TOKYO, Oct 14- Japan's Nikkei share average tumbled 2.4 percent to a fresh two-month closing low on Tuesday on fears global economic weakness will weigh on U.S. growth, while a stronger yen dragged down exporters such as Toyota Motor Corp and Honda Motor Co. The Nikkei share average dropped 364.04 points to end at 14,936.51, the lowest closing level since Aug. 8.