LONDON, April 24- The euro struggled to make headway on Thursday amid caution before a speech by ECB President Mario Draghi, while the New Zealand dollar rose after the central bank raised interest rates and signalled more tightening.» Read More
BRUSSELS, Nov 6- Agency Moody's cut its rating for the debt of ArcelorMittal to junk with a negative outlook on Tuesday, reflecting a collapse in world steel markets it said would get worse before they got better.
*Hungary was about to revisit law on judiciary anyway- PM. BRUSSELS/ BUDAPEST, Nov 6- Hungary on Tuesday pledged to rewrite a law that forced judges to retire at an earlier age after the European Union's highest court ruled that the bill violated the EU's rules and must be repealed.
Nov 6- More than 895,000 homes and businesses along the U.S. East Coast remained without power on Tuesday, eight days after Hurricane Sandy slammed into the region. Sandy made landfall in New Jersey on the night of Oct. 29. Power companies said the storm affected about 8.48 million customers in 21 states, according to a U.S. Department of Energy report.
*China spot copper demand still sluggish. LONDON, Nov 6- Copper rose slightly on Tuesday, recovering from a two-month low hit the previous session, as the lower price triggered new buying, but gains were capped by uncertainty ahead of the presidential election in the United States.
Nov 6- U.S. biofuel providers are being allowed to reroute critical supplies to New Jersey to help alleviate shortages caused by Hurricane Sandy, two U.S.
Nov 6- Express Scripts Holding Co on Tuesday said its business of managing pharmacy benefits for large employers will come under pressure next year due to a weak economy, but investors questioned whether the company's own strategy was on track.
*Q3 revenue 18.8 bln euros vs 17.7 bln forecast. FRANKFURT, Nov 6- BMW, the world's largest premium carmaker, warned it was beginning to feel the pain of a sickly European market, overshadowing strong quarterly results and a forecast for record annual profit.
NEW YORK, Nov 6- U.S. stocks extended gains on Tuesday, with both the Dow and the S&P 500 up more than 1 percent, as voters chose the next president. The Dow Jones industrial average was up 169.58 points, or 1.29 percent, at 13,282.02. The Nasdaq Composite Index was up 21.82 points, or 0.73 percent, at 3,021.48.
LONDON, Nov 6- Gold rose for a second day on Tuesday, largely tracking equities, as the market watched the U.S. presidential election in which a win for President Barack Obama could boost bullion by raising expectations for Federal Reserve stimulus.
Opinion polls showed incumbent Barack Obama and Republican challenger Mitt Romney in a dead heat, although the president has a slight advantage in several swing states. If Congress cannot agree new arrangements, about $600 billion in government spending cuts and higher taxes will kick in early next year, all of which could hurt U.S. economic growth.
*UK gave him political asylum. LONDON, Nov 6- Mukhtar Ablyazov, a fugitive oligarch accused of embezzling more than $5 billion, was labelled ``devious'' and ``cynical'' by judges on Tuesday as his former Kazakh bank BTA prepared to pounce on his assets.
*Vacancies also dropping in Europe, Asia- study. LONDON, Nov 6- London's financial sector will lay off 13,000 staff in 2013, cutting employment in a key UK economic sector to a 20- year low, as job vacancies also drop in Europe and even Asia, studies showed.
U.S. gasoline futures pushed higher as the effort to restart the New York Harbor energy network after Hurricane Sandy hit a bump on Monday when Phillips 66 said its Bayway refinery in Linden, New Jersey, will take two to three weeks to resume operations.
NEW YORK, Nov 6- U.S. stocks gained steam on Tuesday, with the Dow climbing 1 percent and the S&P 500 on track for a second straight advance, as voters chose the next president. Polls showed President Barack Obama and Republican challenger Mitt Romney neck-and-neck, with a handful of battleground states expected to decide the winner.
CHICAGO, Nov 6- U.S. wheat futures rose for the second day in a row o n T uesday amid concerns over the poor condition of the just-planted winter crop in the United States, and weather trouble in major exporters Australia and Argentina.
Nov 6- Power was restored to about 377,000 eastern U.S. homes and businesses from Monday afternoon through 9 a.m. EST on Tuesday, after damage from Hurricane Sandy, U.S. Department of Energy data showed.
NEW YORK, Nov 6- U.S. stocks added to gains and the Dow rose more than 1 percent on Tuesday as the prospect of a winner in the U.S. presidential election removed a major uncertainty that has been dogging investors. The Dow Jones industrial average was up 141.84 points, or 1.08 percent, at 13,254.28.
PARIS, Nov 6- Pernod Ricard plans to tap Africa's thirst for whisky, vodka and cognac at a time when China is slowing and bets the continent will become a key growth area for the French spirits group within 10 years.
Christos Bagios, formerly employed by Swiss financial giants UBS AG and Credit Suisse Group AG, changed his earlier plea from not guilty in the U.S. District Court for Southern Florida. A Greek citizen and Swiss resident, Bagios was sentenced by Judge Kenneth Marra to time already served, including 37 days in prison and nearly 19 months under house arrest in Miami.
GOLDEN GAINS: Gold rose 2 percent to finish at $1,715 per ounce as voters cast ballots in the presidential election. Other commodities also rose, including copper, oil, grains and soybeans. ELECTION WATCHERS: Many traders were waiting for the results of the hard-fought race between President Barack Obama and Mitt Romney.