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  • Cuba's oil hopes hit by another unsuccessful well Friday, 2 Nov 2012 | 10:33 AM ET

    *Scarabeo 9 drilling rig leaving Cuba for West Africa. Communist Party newspaper Granma reported that a well drilled off western Cuba by Venezuelan state oil company PDVSA had been plugged because it ``did not offer possibilities of commercial exploitation.''.

  • China c.bank says to prioritise economic growth Friday, 2 Nov 2012 | 10:31 AM ET

    BEIJING, Nov 2- China's central bank will keep monetary policy prudent and money supply reasonable to prioritise the job of encouraging economic growth, the bank's latest monetary policy report showed on Friday.

  • Higher prices, volumes lift spirits seller Beam Friday, 2 Nov 2012 | 10:23 AM ET

    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.

  • CO budget plan focuses on investments, not cuts Friday, 2 Nov 2012 | 10:17 AM ET

    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.

  • US stocks are mixed following October jobs report Friday, 2 Nov 2012 | 10:16 AM ET

    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.

  • Playboy to debut in India with new club Friday, 2 Nov 2012 | 10:13 AM ET

    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.

  • Romney would bring CEO eye to White House Friday, 2 Nov 2012 | 10:00 AM ET

    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.

  • Reuters World News Highlights at 0945 GMT, Nov 02 Friday, 2 Nov 2012 | 10:00 AM ET

    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.

  • Cost of playing east Africa oil game on the rise Friday, 2 Nov 2012 | 9:50 AM ET

    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.

  • Fishing thwarts Antarctic marine sanctuary idea Friday, 2 Nov 2012 | 9:43 AM ET

    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.

  • Mass. Sen. hopefuls have spent $68M on race so far Friday, 2 Nov 2012 | 9:42 AM ET

    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.

  • *British diplomats paid $16,000 to re-stuff snake Friday, 2 Nov 2012 | 9:39 AM ET
  • 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.

  • Delta says Sandy cut revenue by $45 million Friday, 2 Nov 2012 | 9:34 AM ET

    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.

  • UK construction ekes out growth in Oct - Markit Friday, 2 Nov 2012 | 9:30 AM ET

    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.