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  • Turkey's government meanwhile cut its growth forecast for 2012 on Tuesday to 3.2 percent from 4 percent, and its 2013 projection to 4 percent from 5 percent. The yield on Turkey's two-year benchmark bond. Turkey's main share index closed up 0.93 percent 68,062 points, outperforming a 0.01 percent fall in the emerging markets index.

  • By Ayla Jean Yackley and Evrim Ergin ISTANBUL, Oct 9- Turkish group Akfen Holding. may bid for Istanbul's natural gas distribution network Igdas, which is slated for privatisation this year, along with a raft of other energy and transportation businesses that could go up for sale, Chief Executive Suha Gucsav said on Tuesday.

  • 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.

  • Oct 09- Fitch Ratings has maintained Ankara- based construction company Yuksel Insaat A.S.' s. Fitch has also maintained YI's USD200m outstanding notes maturing in 2015' B-' rating at Recovery Rating of' RR4' on RWN.

  • *Fifteen firms, consortium bid for Cyprus offshore blocks. NICOSIA, Oct 9- Cyprus is close to short-listing companies bidding for offshore oil and gas contracts in the energy-rich east Mediterranean, officials said on Tuesday.

  • 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.

  • Turkish President Abdullah Gul said on Monday the "worst-case scenarios" between his country and Syria were now playing out, fuelling concerns that the 18- month-old conflict in Syria may spread to other countries in the region.

  • *Uncertainty over Spain and Greece pressures euro. LONDON, Oct 9- A stark warning from the IMF about the global growth outlook and the prospects for Spain and Greece sent European stocks and the single currency lower on Tuesday, while oil rose on escalating tensions in the Middle East.

  • LONDON, Oct 9- Brent crude rose by more than $1 on Tuesday as rising tension between Turkey and Syria stoked oil supply concerns.

  • ISTANBUL, Oct 9- The Turkish government announced its 2012-2015 Medium Term Programme on Tuesday, which forecasts gross domestic product growth of 3.2 percent this year and 4 percent in 2013.. Following is a table with the main economic and fiscal indicators:.

  • *United Spirits surges on hopes for Diageo deal. MUMBAI, Oct 9- Indian shares recovered on Tuesday from two previous sessions of losses as dented stocks such as Infosys rose, while private banks such as ICICI Bank gained on hopes their quarterly earnings would prove resilient.

  • Turkish President Abdullah Gul said on Monday the "worst-case scenarios" between his country and Syria were now playing out, fuelling concerns that the 18- month-old conflict in Syria may spread to other countries in the region.

  • ANKARA, Oct 9- Turkey cut its growth forecasts for this year and next on Tuesday and said budget deficits would be wider than previously thought, falling largely into line with independent economists as it moves into an election cycle.

  • ISTANBUL, Oct 9- Turkish vehicle production fell 10 percent year-on-year to 793,995 units between January and September, the Automotive Manufacturers Association said on Tuesday, as the impact of a shrinking export market in Europe and weaker domestic demand took their toll.

  • BRUSSELS, Oct 9- The head of NATO said on Tuesday that the 28- member military alliance had plans in place to defend Turkey against attack from Syria if necessary, but that he hoped the two countries would find a way to stop tensions escalating.

  • ISTANBUL, Oct 9- The Turkish lira eased slightly and bond yields inched down on Tuesday as a surprise fall in August industrial output and a cut in official growth forecasts suggested the central bank will keep monetary policy loose for longer.

  • BRUSSELS, Oct 9- The head of NATO said on Tuesday the military alliance had plans in place to defend Turkey against attack if needed. "We have all necessary plans in place to protect and defend Turkey if necessary," Secretary-General Anders Fogh Rasmussen told reporters before a meeting of the alliance's defence ministers in Brussels.

  • HONG KONG, Oct 9- Nobel laureate Shinya Yamanaka warned patients on Tuesday about unproven "stem cell therapies" offered at clinics and hospitals in a growing number of countries, saying they were highly risky.

  • *Oil jumps on supply concerns as Middle East tension mounts* Uncertainty over Spain and Greece pressures euro By Richard Hubbard. LONDON, Oct 9- A stark warning from the IMF about the global growth outlook and the prospects for Spain and Greece sent European stocks and the single currency lower on Tuesday, while oil rose on escalating tensions in the Middle East.

  • PARIS, Oct 9-* U.S. stock index futures pointed to a lower open on Wall Street on Tuesday, with futures for the S&P 500 down 0.21 percent, Dow Jones futures 0.13 percent lower and Nasdaq 100 futures down 0.36 percent at 0922 GMT.