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  • LONDON, Oct 8- European equities fell on Wednesday, with a benchmark index slipping to its lowest in nearly two months, as investors moved out of shares around the world in the face of discouraging signals about the global economy. Growing concern over the spread of Ebola outside Africa also hurt sentiment. In the latest evidence of economic malaise, China's...

  • MOSCOW, Oct 8- The Russian Finance Ministry sold 4.5 billion roubles of 10- year OFZ treasury bonds at auction on Wednesday at an average yield of 9.63 percent, less than half of the 10 billion roubles on offer. The Finance Ministry cancelled nine straight weekly auctions of OFZ bonds prior to that, citing "unfavourable market conditions". Following are details of...

  • CARACAS, Oct 8- Tech-savvy Venezuelans looking to bypass dysfunctional economic controls are turning to the bitcoin virtual currency to obtain dollars, make Internet purchases-- and launch a little subversion. Two New York- based Venezuelan brothers hope this week to start trading on the first bitcoin exchange in the socialist-run country, which already has...

  • --Neal Kimberley is an FX market analyst for Reuters. Mexico's central bank cut interest rates to a record low in June, but at 3 percent that's a world away from Switzerland's zero rate policy and the possible resort to negative interest rates alluded to by the Swiss National Bank on Sept. 29. Switzerland's policymakers will have noted the country's first fall in...

  • TOKYO, Oct 8- The Bank of Japan needs to deploy additional monetary stimulus to increase the inflation rate to its target of 2 percent, a ruling party lawmaker and one of the architects of Prime Minister Shinzo Abe's reflationary policies said on Wednesday. "I hope the Bank of Japan would acknowledge that the situation is very alarming and take steps early," Kozo...

  • BRUSSELS, Oct 8- France's Pierre Moscovici, the EU commissioner-designate who will take charge of policing budget discipline in the euro zone, said he was ready to step up disciplinary action against Paris for not respecting its obligations under EU budget rules. EU finance ministers asked France last year to cut its budget deficit to below the EU ceiling of 3...

  • SAN FRANCISCO/ TOKYO, Oct 8- The financial implosion of Apple Inc supplier GT Advanced Technologies Inc this week offers a dramatic illustration of how the iPhone maker can put the screws to suppliers willing to take a short-term risk for future riches. Analysts and industry insiders, however, attribute GT Advanced's apparent cash-flow problems to the...

  • LONDON, Oct 8- Copper steadied on Wednesday as the dollar lost momentum yet the metal remained near five-month lows on concerns about economic growth in China and Europe. The International Monetary Fund on Tuesday cut its global growth forecasts for a third time this year while data showed German industrial output in August in its biggest fall since the...

  • OECD SEES WEAKENING GROWTH IN EURO AREA, STABLE FOR OTHER MAJOR ECONOMIES.

  • PARIS, Oct 8- Most major world economies are continuing to show stable growth momentum, but within the euro zone Germany and Italy are losing steam, the OECD said on Wednesday. The figures from the Paris- based Organisation for Economic Cooperation and Development added to a range of recent surveys which pointed to weakness in the euro area and came a day after the...

  • Iran aims for tempting new oil contracts soon Wednesday, 8 Oct 2014 | 5:57 AM ET

    Iran wants Western oil companies to revive its giant, ageing oilfields and develop new oil and gas projects and has been preparing a new investment model for oil contracts as part of its drive to win back Western business. The OPEC producer is in talks with six Western powers to reach a deal to limit Tehran's nuclear programme- which could end sanctions on oil...

  • *Gold extends gains to third session. *China returns from holiday, premiums tick higher. LONDON, Oct 8- Gold rose 1 percent on Wednesday as stock markets fell for a second day, with a cut in the International Monetary Fund's global growth forecasts fueling concerns over the world economy.

  • MEDIA-HULU CEO MULLS CUTTING NUMBER OF ADS RUNNING ON HULU.

  • Sterling weakens on fresh evidence of slowing inflation Wednesday, 8 Oct 2014 | 5:15 AM ET

    LONDON, Oct 8- Sterling fell against the dollar on Wednesday, after two days of gains, on signs of easing British inflation which could allow the central bank to keep interest rates low. The Bank of England's Monetary Policy Committee starts a two-day meeting on Wednesday and is expected to keep rates at record lows. The data came just hours before a survey from...

  • Spain posted the weakest industrial output growth for almost a year early in European trading, but the dominant focus for markets remained an International Monetary Fund report from Tuesday that flagged the risk of deflation and the euro zone entering an outright recession in 2015.. That followed data from Germany showing industrial output in the euro...

  • DUBAI, Oct 8- Iran and major powers are set to hold multilateral and bilateral nuclear talks in the coming days in Vienna, Iran's foreign ministry said on Wednesday. The discussions, between Iran and the five permanent members of the U.N. Security Council plus Germany, are aimed at settling a more than decade long dispute over Tehran's nuclear work.

  • LONDON, Oct 8- Brent crude oil dipped below $91 a barrel on Wednesday to its lowest since June 2012 as lower economic growth forecasts raised new concerns about global oil demand at a time of abundant supply. The International Monetary Fund on Tuesday cut its global economic growth forecasts for the third time this year, warning of weaker growth in core euro zone...

  • GLOBAL MARKETS-Growth worries grip stocks, oil Wednesday, 8 Oct 2014 | 4:33 AM ET

    LONDON, Oct 8- European stock markets fell for a second day on Wednesday, pushing world share indexes back towards their lowest in six months as concern mounts over the strength of global economic growth. Forecasts from the International Monetary Fund on Tuesday added to the sense that the world economy is still struggling to break out of the cycle of lower...

  • Hong Kong shares fall along with global markets Wednesday, 8 Oct 2014 | 4:17 AM ET

    SHANGHAI, Oct 8- Hong Kong's benchmark shares fell 0.7 percent on Wednesday, following overseas markets lower after the International Monetary Fund cut its global economic growth forecast. The China Enterprises Index of the leading offshore Chinese listings in Hong Kong also lost 0.7 percent. Some blue chips were among the biggest drags on the Hong Kong...

  • IRAN AND MAJOR POWERS TO HOLD NUCLEAR TALKS "BEFORE THE END OF NEXT WEEK IN VIENNA"- IRAN FOREIGN MINISTRY.