Tina Fordham, chief global political analyst at Citi, says Washington is distinguishing the Ukraine and Syrian conflicts when it comes to relations with Russia.» Read More
LONDON/ JOHANNESBURG, Oct 30- Strike-hit South African miner Lonmin, the world's third-largest platinum producer, plans to raise $800 million from its investors to help slash debt and finance recovery after six weeks of strikes that left 46 people dead.
*Storm forces two-thirds of U.S. East Coast refineries to shut. LONDON, Oct 30- Crude oil was little changed on Tuesday as investors awaited news of the damage by Hurricane Sandy, which lashed the U.S. East Coast, closing refineries and denting demand. Brent crude for December fell 17 cents to $109.27 a barrel by 0934 GMT.
Volumes were expected to remain thin, however, with the effects of a massive storm hitting the eastern United States set to keep Wall Street closed for a second day. Wall Street will remain shut on Tuesday, with investor attention turning to whether markets would be able to resume activity on the month's final trading day on Wednesday.
LONDON, Oct 30- The yen rose broadly on Tuesday after monetary easing steps from the Bank of Japan's disappointed some market players who had positioned for a more aggressive increase in asset purchases. That has seen the yen unwind a lot of the softer tone we saw going into this meeting,'' said Jane Foley, senior currency strategist at Rabobank.
FRANKFURT/ MADRID, Oct 30- Shares in Telefonica's O2-branded German unit started trading r oughly 3 percent above th eir initial public offering price on Tuesday in Europe's largest new listing in more than a year.
LONDON, Oct 30- European shares and the euro rose on Tuesday as the initial damage inflicted by a powerful storm on the U.S. east coast looked to have been less severe than many had expected. London's FTSE 100, Paris's CAC-40 and Frankfurt's DAX were all in positive territory having finished Monday on the back foot.
*Italy plans to sell 5- 7 billion euros of bonds. That swung investors' attention back to Italy as uncertainty over the timing of a Spanish aid request lingered.
*StanChart shares down 0.6 pct in London. HONG KONG/ LONDON, Oct 30- Standard Chartered said it was aiming for a wider year-end settlement with U.S. authorities investigating its Iran- linked transactions.
LONDON, Oct 30- British oil company BP Plc raised its dividend on Tuesday and signaled a more upstream-focused future beyond 2014 along with stronger than expected quarterly profits. Chief Executive Bob Dudley also outlined the British group's preparedness for a court battle with U.S. authorities over its 2010 U.S.
MILAN, Oct 29- Italy will probably have to accept higher borrowing costs on the new five-year bond it is offering later on Tuesday because growing fears of domestic political instability are making investors edgy.
PARIS, Oct 30- European stocks rose on Tuesday, led by Swiss bank UBS after it confirmed cost-cutting plans and UK energy firm BP after it raised its dividend. Trade was expected to remain thin, however, as the impact from a massive storm hitting the United States is set to keep Wall Street closed for a second day.
*Storm forces two-thirds of U.S. East Coast refineries to shut. SINGAPORE, Oct 30- Brent crude hovered above $109 a barrel on Tuesday as investors watched for any impact on markets from huge storm Sandy, which crashed ashore on the U.S. East Coast, closing refineries, roads and airports.
LONDON, Oct 30- International oil company BP Plc raised its dividend on Tuesday as it delivered a stronger than expected third quarter result and prepared for a court battle with U.S. authorities over its 2010 U.S.
SINGAPORE, Oct 30- London copper rebounded on Tuesday from a near two-month low hit in the prior session, with lower prices spurring some buying, but global growth worries could cap gains in trade dampened by one of the biggest storms ever to hit the United States.
LONDON, Oct 30- Unusually strong refining margins helped lift third quarter profits for international oil company BP Plc in the third quarter to $5.2 billion, up from $3.7 billion in the second quarter and well ahead of expectations.
SAN FRANCISCO, Oct 29- Apple Inc CEO Tim Cook on Monday pushed out the powerful head of the company's mobile software products group, sources said, in a major management shake-up that also claimed the recently hired chief of the retail stores division.
LONDON, Oct 30- Unusually strong refining margins helped lift third quarter profits for international oil company BP Plc in the third quarter to $5.2 billion, up from $3.7 billion a year ago and well ahead of expectations.
*Storm forced two-thirds of U.S. East Coast refineries to shut. SINGAPORE, Oct 30- Brent crude slipped to near $109 a barrel on Tuesday as Sandy, one of the biggest storms ever to hit the United States, shut East Coast refineries, roads and airports, reducing crude and fuel demand in the world's largest oil consumer.
DUBAI, Oct 30- Dubai port operator DP World, which recently disposed of stakes in some non-core assets, reported a slight decline in its consolidated terminal volumes for the third quarter. This was because the Asia-Pacific and Indian subcontinent region and the Europe, Middle East and Africa region reported lower volumes.
*Storm forced two-thirds of U.S. East Coast refineries to shut. SINGAPORE, Oct 30- Brent crude slipped below $109 a barrel on Tuesday as Tropical Cyclone Sandy shut East Coast refineries, roads and airports, reducing crude and fuel demand in the world's largest oil consumer.