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.
WARSAW, Oct 1- Brokerage houses in Warsaw are scaling back operations and in some cases could leave altogether because the boom in stock-market listings that helped them escape blood-letting in other financial hubs is fizzling out.
*UK's fsa says corporate broker martyn dodgson, Andrew Hind, Benjamin Anderson.
LONDON, Oct 1- The British Bankers' Association released the following London Interbank Offered Rates for dollars, euro and sterling at its daily fixing. The spread of three-month Libor rates over three-month OIS rates, calculated from Reuters' data, expresses the three-month premium paid over anticipated central bank rates, or Overnight Index Swap rates.
*Xstrata rises after board back Glencore offer. LONDON, Oct 1- Britain's FTSE 100 share index rebounded from three-week lows on Monday, with miners bolstered by Xstrata's backing of a takeover bid from Glencore, potentially opening the door for more deals in the sector.
LONDON, Oct 1- Zetar PLC:. *David Williams has agreed to remain as chairman for the time being until a. suitable candidate has been found.
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.
LONDON, Oct 1- A senior detective who specialised in counter-terrorism appeared in court on Monday, accused of leaking information to Rubert Murdoch's now-defunct News of the World tabloid. Detective Chief Inspector April Casburn, 53, is charged with misconduct in a public office for allegedly offering information to the newspaper in September 2010.
JAKARTA, Oct 1- PT Bakrie& Brothers, the investment arm of Indonesia's Bakrie Group, and affiliate Long Haul Holdings have agreed with creditors a plan to repay $437 million of debt arranged by Credit Suisse, the firm said on Monday. The group's debt situation led to heavy stock selling earlier this year of Bumi Plc and Jakarta- listed miner Bumi Resources.
LONDON, Oct 1- Brent crude fell below $112 per barrel on Monday, reflecting investor concerns that a shaky global economy may hurt oil demand following fresh signs of weakness in China and Japan and evidence of a new recession in the debt-saddled euro zone.
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.
*Norway expects total gas output at 334.2 mcm/day in Oct. LONDON, Oct 1- British prompt gas prices fell on Monday morning, shrugging off a temporary halt in flows from Norway through the Langeled pipeline as wider supply-demand fundamentals sapped trading sentiment.
ATHENS, Oct 1- Greece will frontload painful budget cuts to end a decade of primary deficits while grappling with a sixth year of recession, according to a 2013 budget draft aimed at satisfying international lenders.
JAKARTA, Oct 1- PT Bakrie& Brothers, the investment arm of Indonesia's Bakrie Group, and affiliate Long Haul Holdings have agreed with creditors a plan to repay $437 million of debt arranged by Credit Suisse, the firm said on Monday.
LONDON, Oct 1- Laura Ashley Holdings PLC:. *Kien-mun ho has relinquished his roles as chief financial officer and company. *SeÃ¡ n anglim will assume the role of chief financial officer with immediate.
*Price to hold steady ahead of U.S. jobs numbers* Platinum firm; unrest in South Africa continues By Amanda Cooper. LONDON, Oct 1- Gold steadied just below one-week highs on Monday, after posting its strongest quarterly gain in over two years, and looked set to hold fairly firm ahead of a key U.S. report on employment later this week.
LONDON, Oct 1- Braemar Shipping Services PLC:.
*Seminar to outline its copper development strategy planned for 2 October 2012.
NEW DELHI, Oct 1- India could amend controversial rules on tax avoidance within 20 days, the finance minister said on Monday, potentially ending months of uncertainty after the prime minister ordered a panel to clarify the tax proposals that had hurt investor confidence. In a move seen as targeting Vodafone, India passed a law in May to seek taxes from such deals.