Flight MH17 was shot down a year ago. We recap the events and how the Ukrainian crisis has changed since then.» Read More
*Plans to maintain second parallel listing in Athens* Says will maintain its operations in Greece. ATHENS, Oct 11- Coca Cola Hellenic, the world's second-largest bottler of Coca-Cola Co. soft drinks and Greece's biggest firm by market value, said on Thursday it would switch its main bourse listing to London, where it hopes to tap more liquidity from investors.
Citi upgrades U.S. equities to "overweight" despite a slowing world economy with risks to the downside, while avoiding Japanese and euro zone equities on profit concerns. The upgrade of the U.S. comes at the expense of Japan, which is downgraded from "neutral" to "underweight", with profit recovery since the earthquake in 2011 coming in below the bank's expectations.
JAKARTA, Oct 11- Bumi Resources sees a proposal to part ways with London- listed coal conglomerate Bumi Plc as a positive development for both sides, a company director said on Thursday. "The development appears positive and a likely all round win-win," said Bumi Resources director and corporate secretary Dileep Srivastava.
ATHENS, Oct 11- Coca Cola Hellenic, Greece's biggest company by market value, said on Thursday it would switch its main bourse listing to London, where it hopes to tap more liquidity from investors. Coca Cola Hellenic said in a bourse filing that shareholders would exchange all their stock into shares of Coca Cola HBC AG, a Swiss-based firm.
OSLO, Oct 11- Norwegian gas exports to Europe fell further on Thursday morning as output from Royal Dutch Shell's. Exports to Europe including Britain dropped by 11.3 million cubic metres to 226.5 mcm per day by 0600 GMT compared with the 237.8 mcm daily average on Wednesday, data from gas system operator Gassco showed.
LONDON, Oct 11- European shares steadied after cutting earlier losses on Thursday as gains in stocks such as French retailer Carrefour and British luxury goods group Burberry enabled a key European equity index to recover.
SINGAPORE/ LONDON, Oct 11- Indonesia's powerful Bakrie family has proposed a parting of ways with London- listed coal conglomerate Bumi Plc, the group they co-founded with financier Nat Rothschild, offering to take back the Indonesian assets they brought less than two years ago.
Britain's FTSE 100 share index steadied around one-week lows on Thursday, with concerns about the euro zone crisis partly offset by corporates reaffirming rather than downgrading their outlook. The benchmark index was broadly steady at 5,779.00 points by 0712 GMT after earlier hitting its lowest level since Oct. 1 at 5,766.69.
*Shares up 3 pct at London opening. By Matt Scuffham and Myles Neligan. LONDON, Oct 11- Shares in British insurer Direct Line opened 3 percent higher on their London Stock Exchange debut on Thursday after Royal Bank of Scotland.
LONDON, Oct 11- European shares fell for the fourth consecutive session on Thursday, as persistent worries over Spain's debt problems and the prospects of weak company earnings hit the region's stock markets.
LONDON, Oct 11- DIRECT LINE:.
*Shares in London miner Bumi PLC open up 2 percent after bakrie.
LONDON, Oct 11- GlaxoSmithKline, criticised in the past for keeping important information about its medicines under wraps, is to lift the lid on more of its drug secrets. The European Medicines Agency recently decided to make its own data vaults containing drug company trial results available for systematic scrutiny.
LONDON, Oct 11- BAE Systems warned on Thursday that it faced uncertainty in its core market, the United States, a day after the collapse of talks with EADS.
Slovakia's centre-left government drew up a deficit-cutting 2013 state budget bill on Wednesday, primarily raising taxes to help it weather the euro zone debt crisis.
*RBS to sell 30 percent of Direct Line shares* RBS to raise 787 mln pounds from sale By Matt Scuffham and Myles Neligan. LONDON, Oct 11- Royal Bank of Scotland set a price of 175 pence per share for the London listing of British insurer Direct Line, close to the middle of the range originally set and valuing the business at 2.6 billion pounds.
OSLO, Oct 11- Output from Royal Dutch Shell's. Nyhamna gas processing plant in Norway will be reduced by 47 million cubic metres per day on Thursday, gas system operator Gassco said on Thursday.
LONDON, Oct 11- Direct Line:. *Direct line CEO says share offer was "comfortably oversubscribed". *Direct line CEO says 15 percent of share offer bought by retail.
By Matt Scuffham and Myles Neligan. LONDON, Oct 11- Royal Bank of Scotland set a price of 175 pence per share for the London listing of British insurer Direct Line, close to the middle of the range originally set and valuing the business at 2.6 billion pounds.
*AuM rises 6.8 pct to $68 bln* Net inflows $600 mln* Asian, Middle East investors add cash. LONDON, Oct 11- Ashmore Group said assets under management rose 6.8 percent in the three months to end-September as rising markets and fresh inflows from Asian and Middle Eastern government-related investors boosted the emerging markets-focused manager.