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Asia-Pacific News India

  • Oct 1- Keyera Corp said it plans to invest C $210 million to boost recoveries of ethane and other high-margin natural gas liquids at the Rimbey gas plant in west central Alberta. Keyera said the expansion will allow it to recover more than 90 percent of the ethane from the plant, one of the largest natural gas midstream businesses in western Canada.

  • Oct 1- Integrys Energy Group said it has agreed to buy Fox Energy Co LLC for $440 million.

  • Oct 1- 3 M said it will acquire ceramic component maker Ceradyne Inc for about $847 million. 3 M said it estimates the acquisition to add 1 cent a share to earnings, excluding items, over the first 12 months after the completion of the deal. Keywords: CERADYNE OFFER/ 3 M.

  • Oct 1- 3 M said it will acquire ceramic component maker Ceradyne Inc for about $847 million. 3 M said it estimates the acquisition to add 1 cent a share to earnings, excluding items, over the first 12 months after the completion of the deal. Keywords: CERADYNE OFFER/ 3 M.

  • *Price to hold steady ahead of U.S. jobs numbers* Platinum firm; unrest in South Africa continues By Amanda Cooper. LONDON, Oct 1- Gold eased on Monday, after posting its strongest quarterly gain in over two years, and looked set to hold fairly firm ahead of a U.S. report on employment later this week.

  • Oct 1- Silicon Valley-based Workday Inc, which provides cloud-based human resource software, said it plans to sell 22.75 million Class A shares in its initial public offering at between $21 and $24 each. At the mid-point of the expected range, the offering will raise about $512 million, valuing the company at $3.6 billion.

  • Chief Executive Tim Cook apologized Friday to customers frustrated with glaring errors in its new Maps service and, in an unusual move for the consumer giant, directed them to rival services such as Google Inc's Maps instead. **MICROSOFT CORP, Friday close $29.76, down 0.20 pct premarket. RBC and Jefferies& Co both reduced their price targets on Microsoft's stock.

  • DUBAI, Oct 1- Russia's Gazprom Marketing and Trading has signed a legally binding agreement to supply liquefied natural gas to India's GAIL for 20 years, the companies said on Monday.

  • Oct 1- Automotive parts supplier TRW Automotive Holdings Corp said it will buy back shares worth up to $1 billion. TRW was valued at $5.33 billion as of Friday closing. The company's shares, which have gained about 50 percent since last December, closed at $43.71 on the New York Stock Exchange on Friday.

  • NEW DELHI, Oct 1- Ailing Indian carrier Kingfisher Airlines will not be allowed to fly if safety rules are not followed, Civil Aviation Minister Ajit Singh said, after labour unrest forced the carrier to cancel its flights on Monday. Singh said the civil aviation regulator will meet Kingfisher executives on Tuesday.

  • On Oct. 1, 2012, Standard& Poor's Ratings Services affirmed its' BB' long-term foreign currency corporate credit rating on oil and metals mining company Vedanta Resources PLC. Vedanta is listed in London, but most of its assets are in India.

  • Oct 1- U.S. egg supplier Cal-Maine Foods Inc. Cal-Maine posted a first-quarter profit of $9.4 million, or 39 cents per share, up from $3.1 million, or $13 cents per share, a year earlier. Jackson, Mississippi- based Cal-Maine's shares closed at $44.94 on Friday on the Nasdaq.

  • While Norwegian gas exports to continental Europe are supplied under long-term contracts that are linked to the oil price, Britain receives most of its Norwegian gas under hub market terms that are priced off Britain's National Balancing Point and have lesser binding supply obligations.

  • Oct 1- Magna International Inc, one of the world's biggest auto parts manufacturers, said it will buy Germany- based ixetic Verwaltungs GmbH for about 308 million euros to expand its engine and transmission pumps business. The company has two manufacturing facilities in Germany, and one each in Bulgaria and China.

  • SINGAPORE, Oct 1- Fuel oil arbitrage arrivals into Asia were expected to further depress the fuel oil market, as demand from China's small and medium sized refiners remained thin. As China's economy slows, demand for refined products has decreased due to slowing industrial demand for power generation fuels.

  • The bank named Tom Willett as head of mergers and acquisitions, Europe. Willett joins from the Royal Bank of Scotland, where most recently he was chairman of corporate finance for Europe, the Middle East and Africa. Murphy joins Barclays from HSBC, London, where he was a director in the project& export finance.

  • LONDON-- European stocks edged higher on Monday as investors cautiously welcomed the result of stress tests of Spain's banks. But the threat that Moody's might downgrade the country's debt rating to junk status limited gains. Britain's FTSE 100 rose 1 percent to 5,800.63 while Spain's Ibex was up 0.6 percent at 7,752.10.

  • SINGAPORE, Oct 1- The Asian naphtha price was at a two-session low of $973 a tonne on Monday but margins were up for the fourth session to reach a three-week high of $134.43 a tonne as strong gasoline demand in the West continued to support the market. The strong gasoline demand in the U.S. and West Africa have likely caused Europe to cut back on its naphtha exports.

  • Oct 1- Tilaknagar Industries Ltd:. *India's Tilaknagar Industries Ltd says signed agreements with. Pernod Ricard India Private Ltd.

  • Oct 1- CVR Refining LP, an associate of U.S. oil refiner CVR Energy Inc, filed with regulators to raise up to $300 million in an initial public offering of its common units. Following the offering, CVR Refining Holdings LLC, an indirect unit of CVR Energy, will own the general partner of CVR Refining.