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  • LONDON, Oct 25- International oil company BP, weakened and distracted by its troubles in the United States and Russia, is in danger of losing touch with the leaders in an industry where strength and focus yield the richest pickings. ``I can't help thinking they've sort of lost their way.'' Everywhere you look, they're falling behind, `` said a senior executive of one rival this week.

  • *``Tsunami of filth'' has rocked the BBC. The allegations, which first emerged in an expose on the rival British TV channel ITV, have rocked the BBC, with its chief George Entwistle admitting the broadcaster has been damaged by the scandal.

  • NEW YORK, Oct 25- Global shares retreated and oil prices faltered on Thursday, as encouraging data from Britain and China was overshadowed by uncertainty over the U.S. presidential election and economy.

  • *Bunds slip, data helps risk appetite. LONDON, Oct 25- German government bonds slipped on Thursday as a rebound in the British economy spurred demand for riskier assets, but the subsequent rise in Bund yields drew investors back into the market. ',''he said, referring to Spain.

  • LONDON, Oct 25- A friend of accused UBS fraudster Kweku Adoboli told him in 2008 she hoped never to read articles about him in the press like those she had read about a ``rogue trader'' at France's Societe Generale, a London court heard on Thursday.

  • NEW YORK, Oct 25- The dollar hit a four-month high against the yen on Thursday as a rise in Treasury yields and expectations the Bank of Japan will ease monetary policy next week had investors broadly selling the Japanese currency. Expectations that the Bank of Japan will take action on Oct. 30 to stimulate the Japanese economy and higher U.S.

  • Sanofi and Unilever nudge European shares higher Thursday, 25 Oct 2012 | 3:36 PM ET

    LONDON, Oct 25- Reassuring updates from drugmaker Sanofi and consumer goods group Unilever lifted European shares on Thursday, although some traders felt worries over the euro zone would limit further moves higher.

  • Oil ends slightly higher, around $86 a barrel Thursday, 25 Oct 2012 | 3:25 PM ET

    Benchmark oil gained 32 cents to finish at $86.05 a barrel in New York. Brent crude added 64 cents to end at $108.49 a barrel in London. Any reading above that could spark a rise in oil to the $87- $88 a barrel level, said Jim Ritterbusch of Ritterbusch and Associates.

  • *CME sees big interest from U.S. commercial sector. LONDON, Oct 25- CME Group expects to see the first trades in its new aluminium swap futures contract by the end of this year as it taps consumer frustration with having to pay steep surcharges to get metal in the midst of a glut, the exchange's head of metals said.

  • *AstraZeneca, Sanofi, Novartis all hit by patent loss in Q3. *Sanofi, Novartis forecast to post rises of 21 pct, 9 pct. While AstraZeneca faces years of continuing sales declines, due to a lack of new drugs to replace those losing protection, Sanofi and Novartis are turning the corner.

  • COLUMN-Is a revolution in economic thinking under way? Thursday, 25 Oct 2012 | 3:13 PM ET

    This week an even more radical debate burst into the open in Britain.

  • SOFTS-Raw sugar above 3-week low, arabica coffee up Thursday, 25 Oct 2012 | 2:48 PM ET

    *Large number of Brazil mills still open for crushing. LONDON, Oct 25- ICE raw sugar futures edged above a three-week low on Thursday, although the upside was capped by fast progress in Brazil's harvest and surplus supplies, while coffee and cocoa also moved higher.

  • NEW YORK, Oct 25- Global shares and commodity prices rose on Thursday, pulled from a recent slide by encouraging news from Britain and China and as U.S. data helped lift investors' appetite for risk assets while not flagging any big concerns. Wall Street opened higher, following gains in European equity markets, and the dollar gained slightly against the euro.

  • News Summary: UK recession over, economy grows 3Q Thursday, 25 Oct 2012 | 2:40 PM ET

    RECESSION OVER: Britain's economy emerged from its nine-month recession in the July- September quarter, when spending on the Olympics helped it grow 1 percent. BETTER THAN EXPECTED: Economists predicted growth of 0.6 percent for the period.

  • DETROIT, Oct 25- Ford Motor Co expects to lose a combined $3 billion in Europe in 2012 and 2013, executives said during a conference call on Thursday, adding that European car sales may only rise to 15 million annually by mid-decade.

  • *Grain inventories at major exporters seen at 17- year low. LONDON, Oct 25- The International Grains Council on Thursday cut its forecast for global maize and wheat crops in 2012/ 13, further tightening supplies with grain stocks at the end of the season seen sinking to a five-year low.

  • `` Spain is my favourite because we've got all sorts of hedges,'' said Elke Speidel-Walz, chief investment strategist for Germany at Deutsche Bank Private Wealth Management. ``This means the risk return is best in Spain.''.

  • NY Times publisher backs new CEO amid BBC scandal Thursday, 25 Oct 2012 | 2:24 PM ET

    NEW YORK-- New York Times chairman and publisher Arthur Sulzberger Jr. on Thursday reiterated the company's support for its incoming chief executive, who has been under scrutiny in England over the BBC's decision to cancel a news story about one of its hosts being accused of sexually abusing children.

  • FOREX-Yen slides broadly on BOJ easing bets, euro flat Thursday, 25 Oct 2012 | 2:23 PM ET

    NEW YORK, Oct 25- The dollar rallied to a four-month high against the yen on Thursday as a n array of U.S. data and ex pectations the Bank of Japan will ease monetary policy next week fav ored the greenback.

  • Ford sees total $3 European bln loss in 2012, 2013 Thursday, 25 Oct 2012 | 2:23 PM ET

    DETROIT, Oct 25- Ford Motor Co expects to lose a combined $3 billion in Europe in 2012 and 2013, executives said during a conference call on Thursday, adding that European car sales may only rise to 15 million annually by mid-decade.