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Europe News London

  • LONDON-- A letter in which Albert Einstein dismissed the idea of God as a product of human weakness is being sold on eBay for a starting price of $3 million. The letter, handwritten in 1954, a year before Einstein's death, was addressed to philosopher Eric Gutkind.

  • PARIS, Oct 7- The chief executive of French luxury group LVMH, Bernard Arnault, is set to be knighted in London for his contributions to the British luxury industry, an LVMH spokesman said on Sunday. With the knighthood, Arnault will join such personalities as Bill Gates, Stephen Spielberg and Placido Domingo, all of whom have been similarly honored.

  • *DJ profits key as News Corp splits publishing from entertainment. Lex Fenwick, a long-time Bloomberg LP executive, is making his mark on Dow Jones, the News Corp. He works from a desk in a corner of the seventh floor of News Corp's headquarters in midtown Manhattan, and his conversations- often expletive-laced- can be widely heard.

  • LONDON, Oct 7- Britain will veto the proposed $45 billion merger between EADS and BAE Systems if its "red line" conditions are not met, British Defence Secretary Philip Hammond said on Sunday. He told BBC radio the merged aerospace-defence group could not be controlled by any one government.

  • Sunday Times GERMAN THREAT TO BLOCK BAE DEAL Germany has threatened to scupper the 28 billion pound merger of BAE Systems and EADS unless the headquarters of the combined company is located in Munich.

  • LONDON, Oct 7- Part state-owned Lloyds Banking Group is embroiled in a dispute with Britain's financial watchdog over its plans to return cash to shareholders, the Sunday Times reported.

  • LONDON, Oct 7- Australian central bank chief Glenn Stevens has been approached by British Treasury officials seeking a new head for the Bank of England after governor Mervyn King steps down next year, the Sunday Times newspaper reported.

  • LONDON-- Dozens of Britons who believe their phones were illegally tapped by journalists have written to Prime Minister David Cameron urging him to consider tighter press regulation.

  • *Assets to be sold in Qatar and Egypt. DOHA/ DUBAI, Oct 7- Barwa Real Estate plans to sell assets worth 16 billion riyals in Qatar and Egypt to pay down loans, the Qatari property firm said on Sunday. The assets being sold include land in the Gulf Arab state as well as the Barwa New Cairo project in Egypt.

  • LONDON, Oct 7- Prime Minister David Cameron said on Sunday he would use Britain's veto to scupper European Union budget talks if necessary, warning the 27- nation bloc it needed to learn to live within its means. Cameron suggested the EU should split its budget into two- one for the euro zone and one for the countries outside the single currency, including Britain.

  • LONDON, Oct 7- Britain must find more spending cuts to reduce the budget deficit, Prime Minister David Cameron said on Sunday, after a return recession this year raised speculation the government was set to miss its deficit reduction targets.

  • DUBAI, Oct 7- Arqaam Capital, a Dubai- based emerging market investment bank, has agreed to buy a financial services firm in Libya to tap into economic growth as the country rebuilds after its civil war.

  • LONDON, Oct 6- Shell on Friday declared force majeure on its gas deliveries from Nigeria's liquefied natural gas plant after an attempt to steal crude oil from a pipeline led to a fire, it said. Shell, which has a 25.6 percent stake in Nigeria LNG, on Sunday shut its 28- inch Bomu-Bonny trunk line after oil thieves caused a fire, it said.

  • NEW YORK, Oct 5- A young model was insane when he killed and castrated a prominent Portuguese journalist in a New York hotel room, believing he could "harness the power" of the man's severed testicles, a defense lawyer said at the start of the murder trial on Friday.

  • *Supportive U.S. data offset by weak China, Europe reports. NEW YORK, Oct 5- Oil prices fell in volatile trading on Friday and posted weekly losses as a fragile global economy and uncertainty about Europe's debt crisis offset support from a better-than-expected U.S. employment report.

  • LONDON-- James Bond lovers have spent thousands of pounds for pieces of memorabilia from the spy movies at a London auction. Among the items under the hammer Friday in London was the complete works of Ian Fleming, Bond's creator. A navy, wool Tom Ford suit worn by Daniel Craig in the new Skyfall film due out on Oct. 26 sold for 46,850 pounds.

  • On the New York Mercantile Exchange:. _ Benchmark oil closed down $1.83 to $89.88 per barrel. On the ICE Futures Exchange in London:.

  • *Supportive U.S. data offset by weak China, Europe reports. NEW YORK, Oct 5- Oil prices fell in volatile trading on Friday and posted weekly losses as a fragile global economy and uncertainty about Europe's debt crisis offset support from a better-than-expected U.S. employment report.

  • *Energy ministry, LUKOIL to meet investors this month. LONDON/ MOSCOW, Oct 5- Rosneft Chief Executive Igor Sechin met investors in London on Friday, launching a charm offensive by Russia's oil industry, which is trying to court foreign capital after a decade in which it became almost synonymous with resource nationalism.

  • NORTH CHARLESTON, South Carolina, Oct 5- R epresentatives from Air India took delivery on Friday of the first Boeing Co 787 Dreamliner made in South Carolina and the first manufactured outside Boeing Commercial Airplane's headquarters in Washington state.