MELBOURNE, Aug 4- London copper slipped back on Tuesday towards six-year lows hit in the previous session after factory reports in China and the U.S. stoked worries about global growth, dragging on most metals. *Three-month copper on the London Metal Exchange dipped 0.3 percent to $5,204 a tonne by 0046 GMT, after closing little changed in the previous session...» Read More
DEERFIELD, Ill.-- Higher prices and volumes are lifting spirits company Beam Inc.. It used to be called Fortune Brands Inc., but spun off Fortune Brands Home& Security in October 2011 and renamed itself after its flagship bourbon brand.
John Hickenlooper's budget proposal released Thursday includes more funding for education, more Medicaid spending, and pay increases for state employees for the first time in five years. "The Colorado economy is rebounding substantially, but we are still not there in total number of jobs," said Henry Sobanet, the governor's chief economist.
In the last big piece of economic news before Tuesday's presidential election, the Labor Department said employers added 171,000 jobs last month, while the unemployment rate ticked up to 7.9 percent. Stocks in Europe and the U.S. rose after the report was released at 8:30 a.m. Eastern time, then gave back much of those gains.
*North Sea supply expected to return, Angolan force majeure. LONDON, Nov 2- Oil fell on Friday as weak European data reinforced a gloomy picture for the demand outlook, with investors nervous ahead of U.S. non-farm payrolls data. Brent crude for December was down 31 cents to $107.86 a barrel by 0943 GMT, while U.S. crude for December was down 80 cents at $86.29.
MUMBAI, India-- India is set to get its first Playboy club next month, with demurely dressed bunnies and a focus on glamour instead of sex. PB Lifestyle chief executive Sanjay Gupta says he will recast the Playboy brand so that it doesn't offend conservative Indian sensibilities.
*Poland's MPC expected to cut at Nov. 7 meeting by quarter point. WARSAW, Nov 2- Following a surprise cut in interest rates in the Czech Republic and three reductions in Hungary in as many months, officials in the EU's biggest eastern economy, Poland, should finally bow to expectations and begin an easing cycle next week.
*Focus on U.S. payrolls data but trader positioning light. LONDON, Nov 2- German Bund futures rose on Friday, testing the top of their recent range but many investors shied away from taking large positions before U.S. jobs data and with Greece again facing crisis.
BOSTON-- Should he prevail Tuesday, Mitt Romney would bring a CEO's eye to the White House and a policy agenda based on a general set of principles and focused more on data than ideology. And he would likely have to work with a divided Congress to accomplish it all.
BEIJING- Potentially sinister threats to China's ruling Communist Party sit unnoticed in cages perched on a rooftop above a small alleyway in southwestern Beijing.
*Fitch joins Moody's, S&P in cutting Sharp rating to junk. TOKYO/ HONG KONG, Nov 2- Shares of Japan's Sharp Corp fell and Fitch Ratings downgraded its debt to junk status on Friday, a day after it warned of a $5.6 billion net loss for the year and said it might not be able to survive on its own.
Promising discoveries from Mozambique to Kenya have put governments in the driver's seat and the rising fees they will demand from oil and gas companies will start to weed out the smaller players that have blazed the region's exploration path. Kenya has said it will revamp its tax rules to benefit more from profits earned by foreign oil and gas exploration.
At a meeting in Australia, the United States and New Zealand were rebuffed after submitting a joint proposal to protect the Ross Sea, which is considered one of the most pristine oceans in the world. But at the Australian meeting, some nations, including Russia, the Ukraine and China, balked at the proposal.
Scott Brown and Democratic challenger Elizabeth Warren ramped up their voter outreach efforts Thursday as new campaign fundraising reports show they've already spent nearly $68 million pursuing the same Massachusetts Senate seat.
Nov 2- Warren Buffett's Berkshire Hathaway Inc is to buy direct marketing toy and party supplies merchant Oriental Trading Co for $500 million, the Wall Street Journal reported on Friday, citing a person involved in the deal. Berkshire Hathaway and Oriental Trading Co were not available for comment outside regular U.S. business hours.
NEW YORK-- Delta Air Lines says Superstorm Sandy cut its revenue by $45 million last month as it was forced to cancel more than 3,500 flights. The Atlanta company, the world's second-largest airline after United, said its October profit was reduced by about $20 million.
LONDON, Nov 2- LONDON, Nov 2- The. However, new orders fell for the fifth straight month- the longest period of decline since the 2008-2009 recession- and firms reduced headcount at the fastest pace since August 2011. ``The bigger picture remains bleak,'' said Tim Moore, senior economist at Markit, which compiles the survey.
*Focus on U.S. payrolls data but trader positioning light. LONDON, Nov 2- German Bund futures rose on Monday, testing the top of their recent range but many investors shied away from taking large positions before U.S. jobs data and with Greece again facing crisis.
*Q3 operating profit 1.05 bln stg vs 2 mln yr ago. LONDON, Nov 2- Royal Bank of Scotland said it may face fines in relation to how it set Libor and other interest rates and is keen to settle the matter as soon as possible.
SHANGHAI, Nov 2- China's yuan ended slightly weaker on Friday even after hitting the strong-side boundary of its daily trading band for a fourth straight day, as China's central bank tightened its grip on the currency with the weakest midpoint fix in over a week.