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  • BRIEF-Chariot Oil acquires stakes in Moroccan licences Thursday, 11 Oct 2012 | 2:16 AM ET

    LONDON, Oct 11- Chariot Oil and Gas Ltd:. *Ld- acquisition of offshore moroccan license area. *Entered into an agreement with maghreb petroleum exploration whereby mpe will.

  • Direct Line IPO price set at 175 pence/share Thursday, 11 Oct 2012 | 2:13 AM ET

    LONDON, Oct 11- Royal Bank of Scotland set a price of 175 pence per share for the stock market listing of insurer Direct Line, close to the middle of the range originally set and valuing the business at 2.6 billion pounds. Trading in the shares on the London Stock Exchange will begin at 0700 GMT on Thursday.

  • BRIEF-Direct Line directors take 0.3 pct stake Thursday, 11 Oct 2012 | 2:11 AM ET

    LONDON, Oct 11- Direct Line Insurance Group PLC:. *-directors, senior managers and persons connected will own approx. place at 8.00 am on 16 October.

  • LONDON, Oct 11- DS Smith PLC:. *Cost synergies from sca packaging acquisition are now expected to reach 100. *Cash synergies from the deal are now expected to be 130 million euros.

  • BRIEF-Sound Oil appoints James Parsons as new CEO Thursday, 11 Oct 2012 | 2:10 AM ET

    LONDON, Oct 11- Sound Oil PLC:.

  • BRIEF-Balfour Beatty wins U.S water contracts Thursday, 11 Oct 2012 | 2:09 AM ET

    LONDON, Oct 11- Balfour Beatty PLC:. *Balfour Beatty water and wastewater strategy delivers contracts over  £185. * £45 million, three year contract at the Galveston main water and wastewater.

  • LONDON, Oct 11- Burberry Group PLC:. *Fragrance and beauty to be directly operated. *Fragrance and beauty will be run as Burberry's fifth product division.

  • BRIEF-Ashmore says assets rise to $68 bln Thursday, 11 Oct 2012 | 2:01 AM ET

    LONDON, Oct 11- Ashmore Group PLC:. *The quarter saw assets under management increase 6.8% to US $68.0 billion. billion and net inflows of US $0.6 billion.

  • RPT-"Major Tom" brought to earth as Merkel says 'Nein' Thursday, 11 Oct 2012 | 2:00 AM ET

    LONDON, Oct 10- Tom Enders was flying high six weeks ago; newly elevated to the top job at Europe's EADS, his secret merger deal to create the world's biggest aerospace group and rid himself of burdensome government meddling was preparing for launch.

  • UK Stocks-Factors to watch on Thursday Oct. 11 Thursday, 11 Oct 2012 | 1:54 AM ET

    *Britain's FTSE 100 index is seen opening down 6 to 18 points, or as much as 0.3 percent on Thursday, according to financial bookmakers. *The expected fourth day of weakness on the UK index- which would be its longest down run since May- follows on overnight from selloffs on Wall Street, where the S&P 500 closed down 0.6 percent, and in Asia.

  • PRESS DIGEST - Wall Street Journal - Oct 11 Thursday, 11 Oct 2012 | 1:54 AM ET

    Oct 11- The following are the top stories in the Wall Street Journal on Thursday. *BAE Systems Plc and EADS called off their merger after the UK, France and Germany failed to agree on how much influence they should have over the combined entity.

  • LONDON, Oct 11- European equities were set to fall for a fourth straight session on Thursday, mirroring losses on Wall Street and in Asia, with concerns about weaker corporate earnings and global growth seen pushing shares towards one-month lows.

  • Oil prices up amid escalating Turkey-Syria tension Thursday, 11 Oct 2012 | 1:31 AM ET

    The price of oil rose above $92 a barrel Thursday as growing tensions between Turkey and Syria caused worries about the future of Middle East crude supplies. By early afternoon in Europe, benchmark oil for November delivery was up 90 cents to $92.15 a barrel in electronic trading on the New York Mercantile Exchange.

  • French and Benelux stocks-Factors to watch on Oct 11 Thursday, 11 Oct 2012 | 1:26 AM ET

    EDF Chief Executive Henri Proglio is expected to step down from French utility Veolia's board, French daily Les Echos reported. Europe's car market will not really recover without EU-led coordination of capacity cuts, Fiat and Chrysler Chief Executive Sergio Marchionne said, in an apparent back-track on comments he made at the Paris auto show last month.

  • Bucking the trend, LME looks at expanding floor trading Thursday, 11 Oct 2012 | 1:00 AM ET

    By Josephine Mason and Susan Thomas. NEW YORK/ LONDON, Oct 11- The London Metal Exchange may add morning rounds of open-outcry trading for its unique futures contracts, senior trade sources say, as the new Hong Kong- based owners plot their first major move to hold off intense competition from their Shanghai rival.

  • BBVA makes U-turn on bond call policy Thursday, 11 Oct 2012 | 12:58 AM ET

    LONDON, Oct 11- BBVA shifted its stance of calling subordinated bonds at the earliest opportunity, as Spain's second largest bank struggles to fund at sustainable levels in the wholesale markets. On Wednesday, Austria's Raiffeisen Bank International gave investors in a Tier 2 bond a similar warning.

  • *Turkey, Syria fighting reinforces worry over Middle East supply. NEW YORK, Oct 11- Oil prices rose on Thursday as tensions between Syria and Turkey escalate and maintenance curbs on North Sea output continue.

  • PARIS, Oct 11- European stocks rallied on Thursday after a drop in U.S. jobless claims while Spain's credit downgrade raised expectations that Madrid would soon request a bailout.

  • Swiss stocks - Factors to watch on Oct. 11 Thursday, 11 Oct 2012 | 12:53 AM ET

    The head of an internal UBS probe into "rogue trader" Kweku Adoboli, accused of losing the Swiss bank $2.3 billion, did not consider whether others at the bank might have been involved, a London court heard. said Pascal Boillat would take over as the new head of GF AgieCharmilles when Jean-Pierre Wilmes retires on Jan. 1, 2013.

  • Europe Power-Ample wind, French nuclear drag spot down Thursday, 11 Oct 2012 | 12:45 AM ET

    *More wind electricity output in Germany, France. *Unions stopped E.ON' s French thermal power plants. ,while Germany's equivalent spot contract also fell 6.85 euros to 45.15 euros per MWh.