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Europe News London

  • *Zynga shares slide after warning, Facebook slips. *Sprint could counterbid on PCS- sources. NEW YORK, Oct 5- U.S. stocks rose on Friday, with the S&P 500 up for a fifth straight day and set to close at its highest since 2007, after government data showed a surprise drop in the unemployment rate.

  • LONDON, Oct 5- Portugal's first dabble in the capital markets in over a year, coupled with a show of support from the ECB over future bond-buying has sparked renewed investor interest in the credit.

  • *Turkey- Syria violence stokes supply concern. LONDON, Oct 5- Oil held above $112 per barrel on Friday after figures showed fewer people out of work in the United States, the world's biggest oil consumer.

  • *U.S. jobless rate tumbles to near-4 year low* Gold briefly goes sub- $1,780 before steadying* Data not seen altering U.S. employment trajectory By Clare Hutchison.

  • *Iran will defeat "conspiracy" against the rial, aide says. DUBAI, Oct 5- Iran will defeat a "conspiracy" against its foreign currency and gold markets, an adviser to supreme leader Ayatollah Ali Khamenei said on Friday, as pressure mounts on authorities to deal with the rapid collapse of the rial.

  • Benchmark oil is now down $1.25 to $90.46 per barrel in New York. Traders are trying to gauge the strength of global oil demand while watching developments surrounding Syria in the Middle East. In London, Brent crude, which is used to price international varieties of oil, was down 8 cents to $112.50.

  • LONDON, Oct 5- British engineer AMEC said chief operating officer Neil Bruce is leaving the company as part of a restructuring of the way the business is organised. AMEC said on Friday that Bruce will step down straight away after 15 years at the firm because the COO position will no longer exist under a new organisational structure.

  • LONDON, Oct 5- CNP Assurances mandated six banks on Friday morning for a dollar Reg S subordinated bond despite news that French insurance company Groupama will skip a coupon payment on a Tier 1 bond on October 22.

  • LONDON, Oct 5- Design and engineering firm WS Atkins could be next in the firing line for its part in a flawed $9 billion dollar rail deal torn up by Britain's government this week, sending its shares down 4 percent.

  • *Turkey- Syria violence stokes supply concern. LONDON, Oct 5- Oil held above $112 per barrel on Friday after figures showed fewer people out of work in the United States, the world's biggest oil consumer.

  • October 05- Following are terms and conditions. of a bond priced on Friday.

  • LONDON, Oct 5- Spain's Telefonica SA, rated Baa2/BBB/BBB+, priced a EUR1.2bn January 2020 bond on Friday after attracting around EUR8bn of orders. Lead managers BayernLB, BNP Paribas, Citi, Commerzbank, MUSI and SG CIB priced the trade at 330 bp over mid-swaps, equating to 115.38 bp over the 3.25% January 2020 Bund. The reoffer is par and the deal has a coupon of 4.71%.

  • In Europe, the FTSE 100 index of leading British shares was up 0.7 percent at 5,871 while Germany's DAX rose 1.2 percent to 7,397. The CAC-40 in France was 1.6 percent higher at 3,457.. The benchmark New York rate was $2.41 lower at $89.31 a barrel.

  • *European shares extend gains, Wall Street set to open higher. LONDON, Oct 5- European shares extended their gains and the dollar rose against the yen on Friday after a key jobs report from the United States showed its unemployment rate had dropped to 7.8 percent in September, its lowest point in nearly four years.

  • LONDON, Oct 5- The fall in the Iranian rial over the past year is the result of Tehran's economic mismanagement and sanctions imposed over its disputed nuclear programme, U.S.

  • LONDON, Oct 5- The booming business of transporting Bakken crude has thrown a lifeline to U.S. railroads, at a time when shipments of coal, their main commodity by volume, have fallen sharply. Coal accounted for just over 43 percent of rail car loadings by weight, and 25 percent of gross revenues, last year according to the Association of American Railroads.

  • *Zynga shares slide after warning, Facebook slips. *Sprint could counterbid on PCS- sources. NEW YORK, Oct 5- U.S. stocks were poised to rise at the open Friday, with the S&P 500 set to hit its highest since 2007, as a surprise drop in the jobless rate gives legs to this week's rally.

  • LONDON, Oct 5- Britain faces a battle to keep the lights on in the next three to four years, its power regulator said on Friday, due to the closure of coal and oil-fired plants to cut carbon emissions. This leave would leave the country little leeway if any plants were to suffer unplanned outages or if supply of power imports from Europe were disrupted.

  • *Neil Bruce, chief operating officer, will leave the business and step down.

  • *Turkey- Syria violence stokes supply concern. LONDON, Oct 5- Oil steadied above $112 per barrel on Friday after figures showed fewer people out of work in the United States, the world's biggest oil consumer. Brent futures was up a cent at $112.59 by 1242 GMT, having fallen over $1 a barrel in earlier trade to $111.48.