WASHINGTON, Dec 11- Republicans in the U.S. House of Representatives on Wednesday were falling in line behind a two-year budget deal negotiated behind closed doors, indicating that this normally rambunctious group of lawmakers is not spoiling for a year-end fiscal fight.» Read More
LONDON, Oct 30- India is emerging as the unknown factor for Asia's iron ore market in 2013, which otherwise looks to be in a fair balance between supply and demand. It's also likely that China will account for the bulk of growth in seaborne iron ore demand, with recession-plagued Europe expected to be steady at best and modest growth likely from the rest of the world.
JERUSALEM, Oct 30- Israel's surprise rate cut appears to have come from a confluence of a rising shekel meeting a weakening economy. The cut was particularly surprising given that the Bank of Israel had expressed concern over rising housing prices, according to the minutes of its September 24 rates decision.
NEW YORK, Oct 30- At least 7.3 million homes and businesses on the U.S. East Coast were without power on Tuesday after Hurricane Sandy tore down power lines, flooded networks and sparked an explosion at a Consolidated Edison substation on Manhattan's East River.
LONDON, Oct 30- Gold prices firmed on Tuesday as stock markets rose and the dollar weakened, but moves were limited as New York markets remained closed due to Hurricane Sandy, and ahead of a key U.S. jobs report due later this week. Spot gold was at $1,710.61 at 1430 GMT, up 0.1 percent, while U.S. gold futures for December rose $2.50 to $1,711.20.
*Home prices rise for 7th month in a row. NEW YORK, Oct 30- U.S. home prices gained further traction in August, the latest sign that the housing market is on the mend, a closely watched survey showed on Tuesday.
*Reform to involve spending cuts worth 4 bln euros for 2013. LISBON, Oct 30- Portugal will present plans for a thorough reform of state institutions and spending to its international lenders early next year, its prime minister said on Tuesday.
LONDON, Oct 30- British oil group BP Plc raised its dividend on Tuesday, confident it can fight back from a devastating U.S. oil spill with a big pile of cash, a rejigged business in Russia and a focus on exploration and production.
ATHENS, Oct 30- A Greek coalition partner confirmed on Tuesday it would vote against labour reforms proposed by foreign lenders, ignoring the prime minister's appeal for a united front to push through more unpopular austerity.
Oct 30- More than 7.4 million homes and businesses along the U.S. East Coast were still without power as the remnants of Hurricane Sandy continued to batter the region. Sandy hit the East Coast on Oct. 29. The following power holding companies have utility units that reported outages on Monday.
*Job losses mostly in Switzerland, United States, Britain. *Q3 net loss of 2.172 bln Sfr vs Reuters poll 457 mln Sfr. Zurich- based UBS will focus on wealth management and a smaller investment bank, ditching much of the trading business that ran up $50 billion in losses in the financial crisis.
Oct 30- The exit of Apple Inc's longtime mobile software products chief may be a surprise, but a band of able executives led by Tim Cook and a bigger role for design boss Jonathan Ive meant the company was in good hands, analysts said on Tuesday.
NEW YORK- Millions of people across the eastern United States awoke on Tuesday to scenes of destruction wrought by monster storm Sandy, which knocked out power to huge swathes of the nation's most densely populated region, swamped New York's subway system and submerged streets in Manhattan's financial district.
NEW YORK Oct 30- At least 7.3 million homes and businesses on the U.S. East Coast were without power on Tuesday after Hurricane Sandy tore down power lines, flooded networks and sparked an explosion at a Consolidated Edison substation on Manhattan's East River.
*Dana Gas' $920 mln convertible Islamic bond matures Oct. 31. DUBAI, Oct 30- Dana Gas is set to become the first United Arab Emirates company to fail to pay an Islamic bond on maturity, three sources familiar with the matter said on Tuesday, sending its stock and bond prices sharply lower.
*North America earns more $2 bln for three straight quarters. DETROIT, Oct 30- Ford Motor Co on Tuesday posted a third-quarter profit that trounced Wall Street forecasts due to higher vehicle prices and record-high profit margins of 12 percent in North America.
*Euro up versus dollar as Spain Q3 GDP less bad than feared. NEW YORK, Oct 30- The yen rose broadly on Tuesday after monetary easing steps from the Bank of Japan disappointed investors who had positioned for a more aggressive increase in asset purchases.
LONDON/ JOHANNESBURG, Oct 30- South African miner Lonmin, the world's third-largest platinum producer, is to raise $800 million from shareholders to cut debt and finance a recovery after weeks of strikes in which dozens were killed.
LONDON, Oct 30- Copper edged up on Tuesday from a near 2- month low hit the previous session, helped by a weaker dollar and as lower prices encouraged some cautious industrial buying, but concerns about soft demand from top consumer China capped gains.
*AT&T, T-Mobile USA customers say service is spotty. Sprint Nextel, the No. 3 U.S. mobile provider said it was seeing outages at some cell sites because of the power outages across all the states in Sandy's path including New York, New Jersey, Connecticut, Pennsylvania, Washington DC, Maryland, North Virginia and New England.
Oct 30- Hurricane Sandy has already knocked out power to more than 7.3 million homes and businesses along the U.S. East Coast. The following power holding companies have utility units that reported outages on Monday.