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  • US STOCKS-Wall St rallies on bullish jobs report Friday, 3 Oct 2014 | 11:18 AM ET

    NEW YORK, Oct 3- U.S. stocks were higher on Friday after the September jobs report came in ahead of expectations, though major indexes remained on track for a second straight weekly decline. The sector has lost 4.5 percent this week, its biggest weekly decline since June 2012. "We're looking at a pretty sound fundamental picture, which has us tilted towards the upside,...

  • TREASURIES-Yields rise on sturdy jobs data Friday, 3 Oct 2014 | 10:39 AM ET

    *Treasury to sell $61 bln new debt next week. NEW YORK, Oct 3- Treasuries yields increased on Friday after U.S. employers added 248,000 jobs to their payrolls in September, more than economists had expected. "The headline was stronger than expected," said Justin Lederer, an interest rate strategist at Cantor Fitzgerald in New York.

  • Alibaba files with SEC to offer 65.9 million shares Friday, 3 Oct 2014 | 10:37 AM ET

    Oct 3- Chinese e-commerce giant Alibaba Group Holding Limited will offer up to about 65.9 million shares worth about $5.06 billion under stock-based compensation plans, the company said in a regulatory filing on Friday.

  • Ex-Googler leads Softbank invasion of Hollywood Friday, 3 Oct 2014 | 10:33 AM ET
    Nikesh Arora

    Softbank's investment in a Hollywood movie studio represents the coming out party for two new players in the US entertainment industry.

  • NEW YORK, Oct 3- A federal appeals court on Friday signaled that former Jefferies Group Inc managing director Jesse Litvak has a good chance to overturn his conviction for defrauding investors in a government program established after the 2008 financial crisis. The 2nd U.S. Circuit Court of Appeals on Friday granted Litvak's bid to stay out of prison while he...

  • MOMBASA, Kenya, Oct 3- Protesters in Kenya ended a blockade on Friday that had disrupted the transport of cargo by truckers on the main trade artery from Mombasa port to Nairobi and the wider east African region. At least 90 percent of all cargo arriving at the Indian Ocean port of Mombasa is ferried to final destinations in Kenya and landlocked neighbours by road,...

  • US STOCKS-Small-caps rise, but trend still lower Friday, 3 Oct 2014 | 10:28 AM ET

    NEW YORK, Oct 3- Small-cap stocks were higher on Friday, boosted by a strong payroll report which pointed to improving economic conditions, but the trend in the group was still negative, with some analysts hesitant to jump in even after recent declines. "Small-caps are trading well below technical support, and while at some point that will represent a buying...

  • MOSCOW, Oct 3- The Russian rouble hit a new all-time low against the dollar on Friday, falling below the level where the central bank automatically defends it, as markets fretted over falling oil prices and continued fighting in eastern Ukraine despite a month-old ceasefire. At 1416 GMT the rouble was down 0.89 percent at 39.91 to the dollar, having earlier hit an...

  • Oct 3- U.S. medical equipment maker Medtronic Inc said it would still buy Covidien Plc but will use $16 billion in debt rather than cash held overseas, reacting to changes made by U.S. tax authorities to cut the benefits of such "inversion deals." Medtronic in June announced plans to buy Ireland's Covidien for cash and stock worth $43 billion. Medtronic said on Friday...

  • OTTAWA, Oct 3- Canada unexpectedly posted a C $610 million trade deficit in August as exports dropped and imports rose by the largest amount in almost two years to hit a record high, Statistics Canada data showed on Friday. Market analysts had expected a C $1.55 billion surplus after a revised C $2.20 billion surplus in July. "This gives plenty of scope for Governor...

  • MUMBAI, Oct 3- A former Infosys Ltd employee responsible for starting a U.S. investigation into the Indian information technology company's visa practices has filed another lawsuit, demanding damages for alleged wrongful termination. U.S. national Jack Palmer, who was employed by Infosys in Alabama, said in the lawsuit filed on Thursday with a New Jersey court...

  • NEW YORK, Oct 3- The pace of growth in the U.S. services sector fell in September to its lowest level in three months but employment hit a nine-year high, according to an industry report released on Friday. The Institute for Supply Management said its services index fell to 58.6 last month from 59.6 in August, which was its highest level since its inception in January...

  • *U.S. economy creates 248,000 jobs in September. NEW YORK, Oct 3- The dollar climbed to a more than four-year peak on Friday after a report showing the U.S. economy created more jobs than expected last month, which suggested that the U.S. recovery was on a stable path. Data from the Labor Department on Friday showed U.S. non-farm payrolls rose 248,000 last month and the...

  • WASHINGTON, Oct 3- U.S. employers stepped up hiring in September and the jobless rate fell to a six-year low, bolstering bets on a Federal Reserve rate hike in mid-2015. U.S. non-farm payrolls rose by 248,000 last month and the jobless rate fell two-tenths of a point to 5.9 percent, the lowest since July 2008, the Labor Department said. "As demand is continuing to...

  • Oct 3- Pro-democracy protests in Hong Kong have disrupted business and hit share prices of luxury goods companies, ruining what is normally one of the busiest shopping weeks of the year. The protests in Hong Kong, the biggest challenge to Beijing's leaders since the former British colony reverted to Chinese rule in 1997, coincide with China's "Golden Week"...

  • NEW YORK, Oct 3- U.S. stocks were higher on Friday after the September jobs report came in ahead of expectations, though major indexes remained on track for a second straight weekly decline. Equities have been volatile of late, with recent trading largely driven by the first diagnosis of a patient with Ebola in the United States. "We're looking at a pretty sound...

  • The protests in Hong Kong, the biggest challenge to Beijing's leaders since the former British colony reverted to Chinese rule in 1997, coincide with China's "Golden Week" holiday which runs until Oct. 7th. "As the Golden Week may be responsible for half the month's total, and market anecdotes suggest that sales of the shops have declined by about 70 percent, the...

  • *Platinum on Friday hit lowest since Sept 2009. LONDON, Oct 3- Gold fell below $1,200 an ounce for the first time this year on Friday as the dollar jumped after better-than expected U.S. non-farm payroll data, which could bolster bets on a Federal Reserve rate hike in mid-2015 or even earlier. "The move in the dollar has been quite drastic after the good U.S. non-farm...

  • NEW YORK, Oct 3- U.S. stocks rose at the open on Friday after the September jobs report came in ahead of expectations, though major indexes remained on track for a second straight weekly decline.

  • *BMW offers 4- series coupe in 4 trims; i8 in 3 packages. PARIS, Oct 3- Premium carmakers Mercedes-Benz, Volvo and BMW are aiming to sell more standardised cars and services to boost profit margins and simplify the complex list of options for buyers-- while also giving them the choice of a bespoke car if they want. Samuelsson said Volvo had spent the past two years...