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  • Nov 12- Anglo American on Thursday announced several management changes, including the resignation of the chief executive of its iron ore business in Brazil and the appointment of a new CEO for its marketing business. The mining group said Paulo Castellari had stepped down as the head of its iron ore unit in Brazil to pursue other opportunities, but would stay on...

  • *Oct new loans at 513.6 bln yuan, vs f'cast 798.2 bln yuan. BEIJING, Nov 12- Chinese banks extended 513.6 billion yuan in net new yuan loans in October, disappointing analyst expectations and coming in lower than the previous month's lending of 1.05 trillion yuan. Economists polled by Reuters had expected new yuan loans would fall to 798.2 billion yuan in October...

  • HONG KONG, Nov 12- Hong Kong shares posted their best performance in five weeks on Thursday, as strong financials, telecommunications and information technology firms led stocks higher. The Hang Seng index rose 2.4 percent, to 22,888.92, its best day since early October, while the China Enterprises Index gained 1.6 percent, to 10,408.93 points.

  • LONDON, Nov 12- British defence company BAE Systems plc warned on Thursday it would see no growth in earnings in 2015 after it reduced the rate of production of Typhoon aircraft. The company said that including a benefit of 2 pence from tax provisions, it expected underlying earnings per share for 2015 of around 38 pence. BAE said in February that for 2015 it...

  • LONDON, Nov 12- Indian Prime Minister Narendra Modi begins a visit to Britain on Thursday that he hopes will yield trade deals worth billions of dollars and a boost to his authority after a damaging electoral failure back home. The emotional high point of the visit is likely to be a mass rally at Wembley Stadium on Friday during which Modi will address some 60,000...

  • Many flights were grounded, hospitals ran on skeleton staff, ships were docked at port and public offices stayed shut across the country in the first nationwide walkout called by Greece's largest private and public sector unions in a year. Tsipras came to power in January promising to end the austerity imposed by Greece's international lenders, then accepted...

  • British engine-maker Rolls-Royce downgraded its profit forecast for 2016, its fourth warning in just over a year, and warned it could cut its dividend.

  • LONDON, Nov 12- European equities retreated in early trading on Thursday following some disappointing company updates, with Rolls-Royce slumping about 20 percent after issuing another profit warning. The pan-European FTSEurofirst 300 index was down 0.7 percent at 1,484.74 points by 0811 GMT after closing 0.7 percent higher in the previous session.

  • BEIJING, Nov 12- Chinese banks extended 513.6 billion yuan in net new yuan loans in October, disappointing analyst expectations and coming in lower than the previous month's lending of 1,050 billion yuan. China's foreign exchange reserves, the world's largest, rose by $11.5 billion in October to $3.5255 trillion, central bank data showed on Saturday.

  • Winterkorn quit his post at Audi on Wednesday, a spokesman at the Ingolstadt-based carmaker said on Thursday, after resigning as chief executive of family-owned Porsche SE, VW's majority stakeholder, last month. VW has been rocked by revelations that its diesel cars were equipped with a software capable of cheating emissions rules, affecting 11 million...

  • LONDON, Nov 12- Britain's Rolls-Royce issued its fourth profit warning in just over a year and said it may cut its dividend due to sharply weaker demand for spares and services for existing aero-engines, showing the scale of the challenge facing its new CEO. Rolls-Royce, the 131- year-old company based in Derby, England, shocked investors in July when it said...

  • LONDON, Nov 12- Brewer SABMiller reported higher underlying sales for the second quarter on Thursday, a day after larger rival Anheuser-Busch InBev launched a $100 billion- plus takeover bid for it. Excluding the currency impact, SABMiller said earnings and margins improved due to strong growth in Africa and Latin America and its success in selling more...

  • AMSTERDAM, Nov 12- ASML finance chief Wolfgang Nickl said on Thursday that shipments of the semiconductor equipment supplier's newest generation machines would become routine by 2018.. Speaking at the Morgan Stanley technology and media conference in Barcelona, Nickl repeated the company would ship three of its newest lithography machines, which cost...

  • SINGAPORE, Nov 12- Oil prices struggled to break away from over two-month lows on Thursday, and the outlook remains bleak as traders ditch positions and producers hedge against lower prices despite some analysts saying market oversupply may have been overstated. U.S. crude futures were at $43.14 a barrel at 0740 GMT, up 21 cents from Wednesday when prices...

  • LONDON, Nov 12- British luxury brand Burberry said on Thursday comparable store sales since the start of its third quarter had improved relative to the second, when they were dented by a slowdown in China and Hong Kong. Last month Burberry missed first half sales growth forecasts and warned of an increasingly challenging environment for luxury goods,...

  • DUBAI, Nov 12- Raytheon Company plans to partner with a Saudi electronics firm to grow its presence in the Gulf, part of a push to expand global commercial sales, its international chief executive said this week. Raytheon, one of the largest U.S. arms makers, announced an agreement at the Dubai Airshow with Riyadh- based Advanced Electronics Co to explore...

  • LONDON, Nov 12- British engine-maker Rolls-Royce downgraded its profit forecast for 2016, its fourth warning in just over a year, and warned it could cut its dividend due to sharply weaker demand for spares and services to existing aero-engines. Rolls-Royce, the 131- year-old company based in Derby, England, shocked investors in July when it said profits from...

  • LONDON, Nov 12- Bus and train operator FirstGroup plc said its pretax profit dropped by a third in the first half, hit by the loss of rail franchises in Scotland and south-east England and the later than normal return to school of some U.S. students. The company reported pretax profit of 22.4 million pounds for the six months to end-September on revenue down 17...

  • Nov 12- Oil producer Premier Oil has lowered its full-year capital expenditure programme as it deferred some project development and exploration expenses into 2016, the company said on Thursday. The energy company, whose operations stretch from Indonesia to the Falkland Islands, said oil production so far this year had averaged 57,500 barrels per day, ahead...

  • The CSI300 index of the largest listed companies in Shanghai and Shenzhen fell 1.0 percent, to 3,795.32, while the Shanghai Composite Index lost 0.5 percent, to 3,632.90 points. Among the most active stocks in Shanghai were CN Nuclear Power, up 1.9 percent at 11.21 yuan; Industrial SEC, down 4.3 percent to 12.75 yuan and SW Securities, up 3.1 percent to 11.11 yuan.