*Saudi Arabia, Kuwait stop production at Khafji oilfield. LONDON, Oct 20- Brent crude steadied around $86 a barrel on Monday, holding on to a rally from near four-year lows last week on news of a cut in Saudi- Kuwait oil output. But the news was cited as a positive factor by some traders at a time when crude oil production exceeds demand and ahead of an OPEC meeting on Nov. 27...» Read More
LOS ANGELES, Nov 1- First Solar Inc, the biggest U.S. solar panel maker, on Thursday posted a 55 percent drop in third-quarter net earnings due to restructuring charges and lower revenue.
WASHINGTON, Nov 1- The federal government will cover 100 percent of emergency power and public transportation costs through Nov. 9 for the areas of New York and New Jersey that were hit hard by superstorm Sandy, officials said on Thursday.
MEXICO CITY, Nov 1- World finance chiefs this weekend will press the United States on how it can prevent its fiscal problems from hitting the global economy and will seek reassurance from Europe that it has a grip on its debt crisis.
Nov 1- Starbucks Corp reported higher quarterly profit on Thursday, as overall sales at its established coffee shops topped analysts' estimates, and it raised its forecast for fiscal 2013..
Nov 1- New York Mayor Michael Bloomberg on Thursday endorsed President Barack Obama for a second term, citing the importance of his record on climate change, particularly in the aftermath of the devastating blow dealt to the New York area by storm Sandy.
Nov 1- DreamWorks Animation SKG Inc posted a higher quarterly profit, helped by the success of its latest movie `` Madagascar 3: Europe's Most Wanted'' in international markets. Net income rose to $24.4 million, or 29 cents per share, in the third quarter, from $19.7 million, or 23 cents per share, a year earlier. Revenue rose 16 percent to $186.3 million.
NEW YORK, Nov 1- U.S. stocks jumped 1 percent on Thursday as bullish consumer confidence and private-sector jobs data gave investors reason to cheer following superstorm Sandy's devastating sweep through the U.S. The Dow Jones industrial average rose 136.16 points, or 1.04 percent, to end unofficially at 13,232.62.
Nov 1- United Airlines said on Thursday it had taken delivery of its second 787 Dreamliner jet from Boeing, following a delay by the aircraft maker, and that another three 787 s due to arrive this year could also be delayed. Boeing said on Tuesday that delivery of at least two 787 jets for United was taking longer than expected.
Nov 1- Nearly 4.5 million homes and businesses in 12 U.S. states remained without power on Thursday afternoon, three days after Hurricane Sandy battered the U.S. East Coast, federal data showed. That was down about 200,000 from the 4.7 million customers the U.S. Department of Energy reported as being out earlier on Thursday.
WASHINGTON, Nov 1- CACI International Inc's shares surged more than 7 percent on Thursday after the U.S. government contractor said it expects to continue to grow in its current fiscal year despite the challenging U.S. budget environment.
Nov 1- The following are the 20 top-selling vehicles in the U.S. in October of 2012 as reported by the automakers and ranked by total units. Top 20 selling vehicles in U.S. in October.
LONDON, Nov 1- Banks will have to hold more capital after recent hefty fines, trading losses, money laundering and rate-rigging showed that operational risks are not being covered properly. U.S. energy regulators this week proposed fining the bank $470 million for alleged rigging of California's power markets.
WASHINGTON, Nov 1- CACI International Inc's shares surged more than 5 percent on Thursday, a day after the provider of services and systems to the U.S. government reported strong quarterly earnings and said it expects to continue to grow despite the difficult U.S. budget environment.
*China factory surveys show country's economy gaining traction. U.S. shares followed China's stock markets higher after official and private China manufacturing surveys for October suggested China's economy is finally regaining traction.
NEW YORK, Nov 1- Brent crude prices fell on Thursday on returning North Sea supply and euro-zone concerns, while U.S. gasoline edged higher as support from supply disruptions after super storm Sandy countered any pressure from data showing rising inventories.
*Exodus of talent and money from Russia. Russia is exporting three things in great quantity, says a leading Moscow banker: natural resources, capital and people. Only the first could be regarded as healthy and sustainable; the other two imply that oligarchs and ordinary citizens alike are turning their back on Putin's Russia.
SEATTLE, Nov 1- Days after launching Windows 8, Microsoft Corp is mounting a strong campaign to win over the software developers it needs to kick-start its new operating system. A lack of apps is Microsoft's Achilles heel as it attempts to catch Apple Inc and Google Inc in the rush toward mobile computing.
*Dow up 0.8 pct, S&P 500 up 0.9 pct, Nasdaq up 1.3 pct. NEW YORK, Nov 1- U.S. stocks rose 1 percent on Thursday as bullish consumer confidence and private-sector jobs data gave investors reason to cheer following superstorm Sandy's devastating sweep through the U.S.
Oct. 2- Danish shipping group Torm A/S is forced to reach a restructuring agreement with its banks over its $1.8 billion bank debt. Aug. 9- Britain's oldest shipping firm, Stephenson Clarke Shipping Ltd, goes into liquidation after nearly 300 years of trading.
Nov 1- Overseas Shipholding Group Inc's warning that it may file for bankruptcy protection has companies that lease ships to the world's No. 2 tanker operator scrambling to find alternative customers and writing down the value of their OSG contracts.