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  • Cobham maintains guidance, to return to growth in 2015 Thursday, 6 Nov 2014 | 2:25 AM ET

    LONDON, Nov 6- British engineer Cobham maintained its 2014 guidance for organic revenue decline in the low-to-mid single digits, with a return to growth pencilled in for next year when U.S. defence cuts moderate and other markets pick-up. Cobham said on Thursday that trading in the first nine months of the year had been in line with expectations and its plan to...

  • LONDON, Nov 6- AstraZeneca raised its 2014 sales forecast for the second quarter in a row on Thursday, as the delayed arrival of Nexium generics in the United States kept cash flowing from the heartburn and ulcer pill. Britain's second biggest drugmaker, which saw off a $118 billion takeover approach from Pfizer in May, now expects revenue this year to grow in low...

  • METALS-Copper drops as supply, U.S. dollar rise Thursday, 6 Nov 2014 | 2:18 AM ET

    SYDNEY, Nov 6- London copper edged lower on Thursday, under further pressure from a stronger U.S. dollar and more signs of slowing economic growth in Europe and China. Copper was finding only limited support from comments by Peru's deputy mines minister that output in the world's No.3 copper producer would be less than previously touted, suggesting an...

  • RUSSIAN CENTRAL BANK SAYS HAS SHIFTED BOUNDARIES OF ITS FLOATING ROUBLE CORRIDOR BY 5 KOPECKS.

  • UK grocer Morrisons' sales fall again Thursday, 6 Nov 2014 | 2:14 AM ET

    LONDON, Nov 6- Morrisons, Britain's No. 4 grocer, posted another big fall in quarterly underlying sales, as it continued to be hurt by its move to cut prices to counter a loss of market share to the discounters and by a weak overall food market. The Bradford, northern England, based group, which trails market leader Tesco, Wal-Mart's Asda and J Sainsbury in annual sales,...

  • China shares end up, railway and techs support Thursday, 6 Nov 2014 | 2:05 AM ET

    SHANGHAI, Nov 6- China shares ended slightly firmer on Thursday, reversing earlier losses, as railway and tech stocks pulled up the wider market on news of business-friendly policies for these sectors from Beijing. Domestic software-related shares performed well after Premier Li Keqiang said China would strengthen law enforcement of intellectual...

  • RUSSIAN CENTRAL BANK SAYS CONDUCTS NO FOREX MARKET INTERVENTIONS ON OCT 31.

  • TOKYO, Nov 6- Asian shares and commodity currencies stumbled on Thursday as prices for a host of commodities retreated on lingering concerns over slower global growth, while Tokyo stocks stepped back after posting large gains in a Bank of Japan-inspired rally. European shares are seen falling, with spread-betters expecting Britain's FTSE to decline 0.3...

  • UPDATE 1-Archer Daniels Midland names Juan Luciano CEO Thursday, 6 Nov 2014 | 1:35 AM ET

    Nov 6- U.S. agribusiness company Archer Daniels Midland Co named Juan Luciano chief executive, effective Jan. 1. Luciano, who holds an industrial engineering degree from the Buenos Aires Institute of Technology, previously worked with the Dow Chemical Co.. ADM, along with Bunge Ltd, Cargill Inc and Louis Dreyfus Corp, are known as the "ABCD" companies, which dominate...

  • HONG KONG, Nov 6- The global journey of the Chinese currency is set to enter a new stage with the first yuan clearing bank in the Americas, to be launched in Canada soon, boding well for the growth of a yuan deposit pool and investor participation there. Canada is expected to finalise the creation of a yuan clearing center, sources familiar with the government's talks...

  • TOKYO, Nov 6- Japanese stocks stepped back on Thursday as investors booked profits from recent gains. The Nikkei benchmark dropped 0.9 percent to 16,792.48, snapping a run of outsized gains inspired by the Bank of Japan's enhanced easing of monetary policy. Early advances for Toyota Motor Corp on the back of an earnings upgrade were wiped out, with stock in the...

  • SINGAPORE, Nov 6- Brent crude rose above $83 a barrel on Thursday, bouncing further from its lowest level since 2010 after a lower-than-expected rise in U.S. crude stocks and solid U.S. job growth provided relief after a string of negative Chinese data. Tension in Libya, where gunmen seized the major El Sharara oilfield, and the recent low oil prices have attracted...

  • Several millers in Asia's top importers, including Indonesia, Vietnam and Thailand, have been ordering cargoes over the last few months by locking in premiums they must pay over futures, but leaving that futures level to be fixed later. U.S. soymeal futures jumped more than 30 percent in October, while corn gained almost 18 percent, with markets ignited by fund...

  • *Names Yahoo co-founder Jerry Yang to board of directors. BEIJING, Nov 6- Lenovo Group Ltd, the world's biggest maker of personal computers, reported a 19 percent jump in net income in the second fiscal quarter, but revenue fell short of analyst expectations, sending shares lower. Shares of Lenovo shed 2.46 percent in Thursday afternoon trade, compared with a 0.1...

  • France's third-biggest bank said net income reached 758 million euros in the third quarter while revenues also rose 4 percent to 4.0 billion euros. Analysts polled by Thomson Reuters had expected on average net income of 697 million euros and 4.01 billion euros in revenues. The results marked an improvement on the second quarter, when the bank took a 708...

  • OTTAWA, Nov 6- Canadian Prime Minister Stephen Harper arrives in China on Thursday, facing the delicate task of improving economic ties with Canada's second-largest trading partner without sparking voter backlash or a revolt within his own party a year ahead of an election. The stakes are high for Harper, who last went to China in February 2012 and ended a...

  • Russia services PMI falls sharply in October Thursday, 6 Nov 2014 | 1:00 AM ET

    MOSCOW, Nov 6- Russia's service sector contracted in October at the fastest pace since May, as the slowing economy, suffering from Western sanctions over the Ukrainian crisis, led to a drop in the volume of new business, a survey showed on Thursday. The HSBC Purchasing Managers Index for the service sector of Russia's $2 trillion economy fell to 47.4 last month from...

  • OSAKA, Japan, Nov 6- Japan's Daicel Corp, which makes air bag inflators, pushed up its full-year profit forecast, but said it was not in talks about new orders after automakers recalled millions of vehicles with potentially faulty air bags made by rival Takata Corp.. Osaka- based Daicel hiked its earlier annual operating profit forecast by nearly 15 percent to 47...

  • TOKYO, Nov 6- Australia's Woodside Petroleum and its partners are in talks with the East Timor government about potentially building an onshore liquefied natural gas plant in the country for the long stalled Greater Sunrise Project, Chief Executive Peter Coleman said on Thursday. East Timor, one of the world's poorest nations, has long pressed for an onshore...