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rose on Thursday, bucking falls on local stock markets on news that the country's largest steel maker Evraz. Evraz, which had owned about 40 percent of Raspadskaya indirectly up to this point, fell however 3.4 percent in London, surprising some analysts.
MOSCOW, Oct 4- Evraz, Russia's largest steelmaker, is to take a majority stake in coal miner Raspadskaya in an $800 million cash and share deal designed to give it more control over the supply of coking coal, a key ingredient in steelmaking.
LONDON, Oct 4- London- listed shares in Russia's Evraz fell more than 4 percent in early trade on Thursday after the steelmaker announced a plan to increase its share in coal miner Raspadskaya to an indirect 82 percent holding.
LONDON, Oct 4- European shares rose on Thursday as better economic data from the United States eased fears over global growth, while the euro strengthened ahead of an European Central Bank policy meeting later where is expected to keep rates unchanged.
LONDON Oct 4- Britain's top share index rose early on Thursday, echoing gains overnight in Asia but sticking within its tight recent range as investors wait for further catalysts to drive the next leg of the equity rally.
LONDON, Oct 4- European shares rose on Thursday but continued to trade in a tight range, with banks the best-performing sector ahead of the latest European Central Bank rate setting meeting.
LONDON, Oct 4- British house prices fell unexpectedly in September, figures from mortgage lender Halifax showed on Thursday, as the weak economy weighed on demand. "The generally weak economic climate remains a significant constraint on housing demand," Halifax economist Martin Ellis said.
LONDON, Oct 4- Symphony International Holdings Ltd:.
SYDNEY, Oct 4- Australian shares extended their gains by 0.3 percent on Thursday, hitting a 14- month high after banks offset losses in mining, as investors eyed further interest rate cuts in the wake of soft retail sales data. Top banks continued this week's post rate-cut gains, led by Westpac Banking Corp.
is to raise $200 million to bolster its resources as it pushes to expand its oil exploration and development in Iraq's Kurdistan. "In addition to being an important milestone for the company... shows an increasing confidence of international markets in doing business in the Kurdistan region of Iraq," said Gulf Keystone chief executive Todd Kozel.
*Morgan Stanley is in talks to sell a majority stake in its commodities business to the Qatar Investment Authority. *Singapore state investor Temasek Holdings is putting pressure on Standard Chartered to appoint more independent directors.
SYDNEY, Oct 4- Australian shares extended their gains by 0.3 percent on Thursday, hitting a 14- month high after banks offset losses in mining. Top banks continued this week's post rate-cut gains, led by Westpac Banking Corp.
LONDON, Oct 4- GlaxoSmithKline Plc:. *Completion of dolutegravir registration package. *Shionogi- viiv healthcare announces completion of initial clinical.
LONDON, Oct 4- Ceres Power Holdings PLC:. *Has been unsuccessful in securing sufficient funding for the business going. *Will continue to explore all strategic options including a sale, orderly wind.
LONDON, Oct 4- Petroceltic International PLC:.
LONDON, Oct 4- Phoenix IT Group PLC:. *David Courtley, the chief executive officer of the company, has today. *Resignation is not related to the ongoing accounting investigation.
LONDON, Oct 4- Randall and Quilter Investment Holdings PLC:. *has completed the acquisition of the entire issued share capital of RAB Insurance Limited. *Net Asset Value of RAB based on the latest available management accounts is estimated at c. Â £950 k.
LONDON, Oct 4- Atlantic Coal PLC:.
LONDON, Oct 4- Gulf Keystone Petroleum Ltd:. amount of USD$ 200 million. of up to USD$ 25 million.
LONDON Oct 4-* Britain's FTSE 100 is set to open 12 to 17 points higher, or as much as 0.3 percent, according to financial bookmakers. FTSE index closed up 0.3 percent, or 16.36 points higher, at 5,825.81 points on Wednesday driven by gains in "defensive" stocks seen as the most resilient to an economic downturn.