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Europe News London

  • *Greece's biggest company CCH quits for Switzerland. that it was switching its primary listing from Athens to London and moving its corporate base to stable, low-tax Switzerland is a bitter blow to the debt-crippled nation.

  • *Apple shares fall 1.4 percent after setback in Samsung case. *Sprint volume surges, shares jump on Softbank deal reports. NEW YORK, Oct 11- U.S. stocks erased most gains and were little changed on Thursday as a drop in Apple shares after a legal ruling dented broad market gains on a sign of improvement in the jobs market.

  • NEW YORK-- A published report says federal authorities are using taped phone conversations to build criminal cases connected to the $6 billion trading loss announced by JPMorgan Chase earlier this year. The New York Times reports investigators are focusing on four people who worked for the London team responsible for the loss.

  • MOSCOW, Oct 11- MegaFon said the make-up of its board would reflect its focus on good corporate governance, as it sought to attract investors for its planned initial public offering after Goldman Sachs dropped out as an underwriter.

  • CARACAS, Venezuela-- A mustachioed former bus driver who rose to become his country's top diplomat has emerged as the vice presidential pick of President Hugo Chavez as the Venezuelan leader prepares to launch a six-year term following two cancer operations.

  • *Turkey, Syria fighting reinforces worry over Middle East supply. NEW YORK, Oct 11- Oil prices rose on Thursday as tensions between Syria and Turkey escalate, reinforcing concerns about risks to the region's supply, and maintenance curbs on North Sea output continue.

  • LONDON, Oct 11- Safeland PLC:. *Statement re discovery of losses. *Discovered that it has been the victim of a series of fraudulent transactions.

  • *Plans to maintain plants in Greece but most activity abroad. ATHENS, Oct 11- Greece's biggest company, Coca Cola Hellenic, is leaving the country, the drinks bottler said on Thursday as its move to Switzerland and a London listing for its shares dealt a blow to the crippled Greek economy.

  • MADRID, Oct 11- Spain is comfortable putting off an international aid request for weeks or even months as it waits out German political obstacles and seeks greater definition on the European Central Bank's bond-buying programme, analysts and sources say. Spain must first sign up for a European rescue plan to trigger the bond buying.

  • *Sprint volume surges, shares jump on Softbank deal reports. More than 320 million shares of Sprint Nextel changed hands in U.S. trading by 11:30 a.m. ET, making it the busiest day in the stock's history. Clearwire Corp, in which Sprint holds a majority interest, surged 38 percent to $1.79.

  • LONDON, Oct 11- Europe's top trading firms warned that plans for a transaction tax in the region will burden pension funds with higher charges because traders will shift the extra costs to their clients.

  • LONDON, Oct 11- West African crude oil differentials held steady on Thursday, supported by several outstanding Asian tenders, which traders said could absorb up to four cargoes from the region. *Around 15 cargoes of Nigerian crude oil remained unsold for lifting in November, including Qua Iboe, Bonny Light, Bonga, and Forcados.

  • By Catherine Bosley and Steve Slater. ZURICH/ LONDON, Oct 11- Nationally important banks will need to hold extra capital from 2016 to cushion the impact on their domestic economies if they hit trouble, but the global banking watchdog will leave it up to national regulators to say how much more.

  • PARIS-- A bumper season for the French national dish of Coquilles St. Jacques has turned into a bitter dispute in the English Channel, as French fishermen angry over British expansion into their waters surrounded British boats in a show of maritime force.

  • BAKU/ LONDON, Oct 11- Azerbaijan accused BP on Wednesday of making "false promises" on oil output and said the state had missed out on $8 billion of potential revenues from what is one of the company's biggest projects in the world.

  • LONDON, Oct 11- The cost of borrowing cash using Spanish government bonds as collateral was little changed on Thursday as the prospect of European Central Bank debt purchases offset the impact of a downgrade in Spain's rating.

  • Oil prices rose Thursday as tension between Turkey and Syria raised concerns that crude oil supplies from the Middle East could be disrupted. On Thursday, Turkey claimed that it forced a Syrian passenger plane to land because it was carrying banned cargo from Russia.

  • MOSCOW, Oct 11- Russian private healthcare provider MD Medical Group will sell shares at no less than $12 per global depositary receipt at its London initial public offering later this month, financial market sources said on Thursday.

  • LONDON, Oct 11- Monitise PLC:. *John Brougham, chief financial officer, is retiring from the board with. *Nick Taylor, as group Finance director, will continue to run the finance.

  • *Propose unwinding of Bumi Plc. SINGAPORE/ LONDON, Oct 11- Indonesia's powerful Bakrie family has proposed splitting from financier Nat Rothschild and Bumi Plc, the London- listed miner they co-founded two years ago, after news of an inquiry into possible wrongdoing strained their already tense relations.