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Europe Top News and Analysis Switzerland

  • NEW YORK, Oct 9- Oil prices jumped on Tuesday, snapping a string of two lower settlements, as the threat of supply disruption in a tense Middle East countered concerns about slower growth and resulting sluggish demand for oil.

  • DALLAS-- Luxury retailer Neiman Marcus rolled out its annual holiday catalog Tuesday, and the priciest gift this year is a pair of "his and hers" timepieces for just over $1 million from Van Cleef& Arpels.

  • Oct. 9- Fitch Ratings has affirmed Groupe BPCE's, BPCE S.A.' s and Natixis's Long-Term Issuer Default Ratings at' A+' and Short-Term IDRs at' F1+'.

  • The banks' action follows interest rate cuts by Denmark and Switzerland to protect their currencies from investors seeking safe haven from the euro. But this revenue source in the kroner and franc has dried up now that Denmark and Switzerland have cut rates.

  • NEW YORK, Oct 9- Oil prices rose more than 1 percent on Tuesday, after two sessions with lower settlements, as the threat of supply disruption in a tense Middle East countered concerns about slower growth and resulting sluggish demand for oil.

  • MOSCOW, Oct 9- Russia's top crude producer Rosneft said on Tuesday its powerful chief executive Igor Sechin met the co-owners of international oil trading house Gunvor to discuss "trading issues", amid reports of a rift between Sechin and Gunvor's co-owner Gennady Timchenko.

  • LONDON, Oct 9- Oil rose over $113 a barrel on Tuesday after two days of losses, with tensions in the Middle East and the risk of supply disruptions outweighing concerns about sluggish global demand.

  • LONDON, Oct 9- Oil rose to around $113 a barrel on Tuesday after two days of losses, with tensions in the Middle East and the risk of supply disruptions outweighing concerns about sluggish global demand.

  • FRANKFURT, Oct 9- European prompt power traded down in France on Tuesday as a one-day strike in the country's energy sector looked set to end. French day ahead baseload was down 2.85 euros on the day at 53.25 euros a megawatt hour. Germany's day ahead baseload contract was 5.40 euros up at 51.25 euros.

  • GENEVA-- Swiss private bank Julius Baer says it plans to cut about 1,000 jobs from Merrill Lynch's wealth management operations outside the United States following a deal to buy the unit from Bank Of America.

  • LONDON, Oct 9- Pakistan has become the first country in South Asia to introduce a vaccine against the deadly pneumococcal disease in children, with GlaxoSmithKline's Synflorix selected for the programme.

  • LONDON, Oct 9- European shares edged lower on Tuesday on concerns about company earnings and debt problems in countries including Spain and Greece, although analysts said the overall market trend remained positive and recent central bank actions would underpin stocks. At 1138 GMT, the index was down 0.1 percent at 1,100.52 points.

  • ZURICH, Oct 9- A focus on everyday essentials like toothpaste and shampoo, and strong demand for perfumes in emerging markets, will help Swiss fragrance and flavour maker Givaudan beat a tough economy and consumer goods rivals, it predicted on Tuesday.

  • *UK gas demand 5 pct below seasonal norm. LONDON, Oct 9- British prompt gas prices rose on Tuesday morning as renewed problems with Norwegian exports reduced supplies to the UK. pence at 0845 GMT, and gas for delivery the next day rose by 1.4 pence to 63.70 pence per therm.

  • By Emma Thomasson ZURICH, Oct 9- Swiss private bank Julius Baer. Baer said it planned a "significant reduction" of Bank of America positions not required after the merger as well as cuts to middle and back office functions of the melded group, reducing the combined staff of about 5,700 by 15-18 percent.

  • By Emma Thomasson ZURICH, Oct 9- Swiss private bank Julius Baer. Baer said it planned a "significant reduction" of Bank of America positions not required after the merger as well as cuts to middle and back office functions of the melded group, reducing the combined staff of about 5,700 by 15-18 percent.

  • ZURICH, Oct 9- Swiss private bank Julius Baer. will cut up to around 1,000 jobs as a result of its purchase of part of Bank of America Merrill Lynch's wealth management business.

  • ZURICH, Oct 9- Swiss fragrance and flavour maker Givaudan confirmed its mid-term goals on Tuesday as third-quarter sales came in at the high end of expectations, helped by a positive currency impact and growth in emerging markets.

  • ZURICH, Oct 9- Swiss private bank Julius Baer. Baer, which is presenting to analysts and investors details of the acquisition later in London later on Tuesday, also reported that its assets under management had risen to 184 billion Swiss francs at the end of August.

  • ZURICH, Oct 8- Swiss private bank Julius Baer. Baer, which is presenting to analysts and investors details of the acquisition later in London later on Tuesday, also reported that its assets under management had risen to 184 billion Swiss francs at the end of August.