Europe News London

  • *Zynga shares slide after warning, Facebook slips. Labor Department data showed the jobless rate dropped by 0.3 percentage point in September to 7.8 percent, its lowest since January 2009, even as Americans came back into the labor force to resume the hunt for work.

  • LONDON, Oct 5- Traders found guilty of rigging Libor and other financial market benchmarks would face jail from next year under a cross-party deal to be voted through next Tuesday in the European Parliament.

  • --We have taken recent rating actions on the underlying collateral or reference obligation to which 10 tranches are weak-linked or dependent. LONDON Oct. 5, 2012-- Standard& Poor's Ratings Services today took various credit rating actions on 10 European collateralized debt obligation tranches.

  • *Qua Iboe down about 10 cents at dated plus $2.10- $2.50. LONDON, Oct 5- West African crude oil differentials slipped a little on Friday as an overhang of unsold cargoes loading in November forced asking levels down for a range of crudes.

  • LONDON, Oct 5- Aurubis, Europe's biggest copper smelter, will offer 2013 physical copper term premiums for its European customers at $86 a tonne, unchanged from levels set in June this year, a spokeswoman for the company said on Friday.

  • LONDON, Oct 5- Tightly priced bond issues from the Czech Republic and Poland this week signal that they are casting off their emerging market label, leaving further behind other indebted Central and Eastern sovereigns.

  • LONDON, Oct 5- Investors staring squarely at the U.S. fiscal cliff may well be ignoring a bigger monetary policy pitfall. But with such an agreement as dependent on the makeup of the House and Senate as the occupier of the White House, this budgetary uncertainty has been parked in "watch, wait and see" mode "until the election outcome becomes clearer.

  • MOSCOW, Oct 5- British department store group Debenhams expects to generate a fifth of its overseas sales by 2015 in Russia, which is set to become Europe's biggest retail market. Debenhams, which has been increasing sales at home despite a recession there, returned to Russia in September, six years after pulling out of the country because it was losing money.

  • LONDON, Oct 4- Norddeutsche Landesbank, one of Germany's largest wholesale banks, is poised to issue a 144 a dollar covered bond as early as next Tuesday, the first offering of its kind since 2006.. German banks have been absent from the 144 a space since November 2006, when Essen Hypo sold a USD1.25bn long five-year that matured in January 2012.

  • LONDON, Oct 5- Private equity firms EQT and GIC Special Investments of Singapore are considering options to either sell or refinance the debt of their German academic book publisher Springer Science& Business Media, banking sources said on Thursday.

  • *Britain is due to hold election in 2015. LONDON, Oct 5- Presiding over a fractious coalition amid a recession and derided by critics as an "out of touch" snob, British Prime Minister David Cameron is under pressure to take on a resurgent opposition at his party's annual conference next week. We know we have got to turn it around, "one Conservative Party official said."

  • LONDON, Oct 5- Insurance prices barely rose in the three months to September as abundant supplies of capital allowed insurers to compete aggressively even after paying out near-record natural disaster claims last year.

  • MOSCOW, Oct 5- Russia's second-largest mobile phone operator MegaFon may start pre-marketing for its London IPO next week, but is yet to make a final decision regarding timing, three sources familiar with the situation said.

  • WASHINGTON, Oct 5- The U.S. Commodity Futures Trading Commission filed the highest number of enforcement actions in its 38- year history in the 2012 fiscal year, the agency said on Friday.

  • Benchmark oil closed down $1.83 to $89.88 per barrel in New York. But those extra commuters might not budge the needle on gas demand, which was down 2.5 percent from a year earlier in the four weeks ended Sept. 28, according to Energy Department figures released Wednesday.

  • LONDON, Oct 5- Britain's grid operator said the lights would stay on in the UK in the event of the closure of the Strait of Hormuz, a key shipping route for liquefied natural gas from the largest exporter Qatar which supplies nearly all of Britain's LNG.

  • NEW YORK-- The psychological thriller "Rebecca" was a hit for author Daphne du Maurier and filmmaker Alfred Hitchcock.

  • LONDON, Oct 5- Daily spot foreign exchange trading volumes on Thomson Reuters dealing platforms fell by more than 24 percent in September from a year earlier, company data showed on Friday.

  • *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.