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  • *KBA says has third-party indication of irregularities Transport minister has said more checks underway. FRANKFURT, Nov 11- Germany's motor vehicle regulator will run tests on more than 50 models of 23 German and foreign car brands on suspicion of further manipulation of nitrogen oxides emissions from diesel engines, it said on Wednesday.

  • LONDON, Nov 11- Molson Coors expects to maintain is current strategy and investment grade rating following its $12 billion takeover of the U.S. MillerCoors joint venture, its chief executive told Reuters on Wednesday. Bolt-on acquisitions, such as the majority stake Molson bought last month in craft brewer Saint Archer, will remain on the table, CEO Mark Hunter...

  • Nov 11- U.S. stock index futures were higher on Wednesday after mixed economic data out of China suggested that Beijing may need to provide further stimulus to kickstart growth, even as investors brace for a possible rise in U.S. interest rates next month. *In another sign that the Chinese consumer remains upbeat, e-commerce giant Alibaba said sales in its Singles'...

  • *8.3 bln euro impairment on generation, E&P assets. FRANKFURT, Nov 11- Germany's biggest utility E.ON announced an 8.3 billion euro writedown on the value of its power plants and oil and gas business on Wednesday, showing the challenges facing the assets ahead of their planned spin-off next year. Germany's traditional power companies have been hammered by a...

  • ABUJA, Nov 11- Nigeria's President Muhammadu Buhari appointed former investment banker Kemi Adeosun as finance minister on Wednesday as he swore in 36 members of his long-awaited cabinet. Okechukwu Enelamah, who headed Nigeria's biggest private equity firm African Capital Alliance, was named minister for industry, trade and investment.

  • LONDON, Nov 11- Bankers hoping to move on from the financial failures and scandals of 2008 and afterwards got little succour from Britain's top two financial officials on Wednesday, who told them the time was not right. It is "totally understandable" that the public is still angry at about bailing out banks in 2008 and not enough time has passed for the more...

  • "It is purely some consolidation after some heavy losses in recent days, stemming most recently the bearish USDA report last night," said Andrew Woodhouse, grains analyst, Advance Trading Australasia. The USDA pegged 2015 U.S. soybean production at 3.981 billion bushels with an average yield at 48.3 bushels per acre, both all-time highs. The USDA lowered its...

  • ECB rate-cut talk buffers Portuguese bonds Wednesday, 11 Nov 2015 | 6:34 AM ET

    LONDON, Nov 11- Portuguese government bond yields reversed early rises on Wednesday as the prospect of additional stimulus from the European Central Bank trumped concerns over political uncertainty in Lisbon. Benchmark 10- year yields in Portugal rose more than 5 basis points in early trade before reversing track to trade 1.6 bps lower at 2.78 percent.

  • *China October factory growth cools more than expected. *Zinc falls despite Nyrstar plans to cut output. LONDON, Nov 11- Zinc and lead hit mult-year lows on Wednesday while copper veered towards six-year lows after a gauge of China's factory health showed ongoing weakness in the world's top metals consumer.

  • DUBLIN, Nov 11- Apple is to hire an additional 1,000 staff in Ireland, the government said on Wednesday, as the iPhone maker bids to boost its presence in the country where it declares much of its overseas profit for tax purposes. The European Union last year accused Ireland of swerving international tax rules by letting Apple shelter profits worth tens of...

  • PRECIOUS-Gold edges towards 3-month low on U.S. rate view Wednesday, 11 Nov 2015 | 6:10 AM ET

    *SPDR Gold Trust holdings fall to lowest in 7 years. LONDON, Nov 11- Gold edged towards a three-month low on Wednesday, failing to benefit from a lower dollar, as pressure from an anticipated U.S. rate hike as soon as next month persisted. "If there a December rate hike, the next question is what's the path, is the Fed going for at least three further increases of 25 basis...

  • UPDATE 5-Oil prices drop after U.S. inventories rise Wednesday, 11 Nov 2015 | 6:06 AM ET

    Benchmark U.S. crude futures slipped to a two-week low at $43.55 a barrel in early trading before trimming losses to trade down 44 cents at $43.77 a barrel by 1027 GMT. "You're seeing more of a plateau in U.S. production rather than a decline, I've been expecting a decline in 2016 but I think the market is in a mode of show us rather than tell us and they're just not seeing...

  • ABUJA, Nov 11- Nigeria's President Muhammadu Buhari swore 36 ministers into his cabinet on Wednesday, five months after his inauguration. Buhari won March elections after vowing to crackdown on corruption in Africa's biggest economy and top oil producer. His cabinet is smaller than that of his predecessor, Goodluck Jonathan, who had 42 ministers.

  • UPDATE 2-Sainsbury's says more price cuts on the way Wednesday, 11 Nov 2015 | 6:02 AM ET

    LONDON, Nov 11- British grocer Sainsbury's plans to cut more prices to close the gap on fast-growing discounters Aldi and Lidl, signalling no let up in a battle that has ravaged industry profits. Britain's third-biggest supermarket group has already invested about 150 million pounds in lower prices in the last year, funded by cutting costs and dividends.

  • WILLISTON, N.D., Nov 11- North Dakota's public universities have launched a scholarship program to enroll laid-off oilfield workers in energy classes, contending their best path to a new job is learning mechanical and computer skills. Still, there are more than 200 open oilfield jobs in North Dakota's four largest oil producing counties, according to state data,...

  • Swiss government adopts new anti-money laundering rules Wednesday, 11 Nov 2015 | 5:57 AM ET

    ZURICH, Nov 11- Switzerland's government on Wednesday adopted new rules to clamp down on money laundering as the country seeks to cast off its reputation as a haven for hidden cash. The new rules, which follow recommendations by the intergovernmental Financial Action Task Force last year, establish fresh due diligence requirements for traders when they...

  • *Firms says default certain for repayments on $500 mln 2020 bonds. HONG KONG, Nov 11- China Shanshui Cement warned investors it will default on more than $300 million of onshore debt payments due on Thursday and will seek to appoint liquidators, a sign Chinese authorities are more willing to let weak firms fail. "It's a sign that bailouts are not for everybody and...

  • UPDATE 2-Loctite maker Henkel upbeat on earnings growth Wednesday, 11 Nov 2015 | 5:19 AM ET

    FRANKFURT, Nov 11- German consumer goods firm Henkel posted a larger than expected rise in third-quarter profit as sales in North America and Russia more than offset continued weakness in its Chinese adhesives business. Henkel shares soared as much as 8.5 percent to a three-month high of 103.75 euros, outperforming the German blue-chip index DAX and other...

  • Carriers such as Saudi Arabian Airlines and Dubai's Emirates are having to keep a close eye on fleet expansion plans because their hub airports of Jeddah and Dubai are struggling to handle an influx of newly ordered jets. Dubai, Doha, Abu Dhabi and Jeddah all have fast-growing airlines that feed increasing traffic into airspace already suffering congestion...

  • LONDON, Nov 11- A dollar pullback helped emerging assets stabilize on Wednesday, with stocks flatlining after four days of losses, while a surprise current account surplus in Turkey provided a strong boost to stocks and the lira. MSCI's emerging index was flat as the dollar pulled away from seven-month highs hit against major currencies on expectations of a U.S....