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  • NORWAY GAS-Flows to Britain drop sharply Wednesday, 10 Oct 2012 | 4:00 AM ET

    OSLO, Oct 10- Norwegian gas exports to Europe fell on Wednesday morning as output from the Nyhamna gas plant has been reduced due to technical problems, resulting in a sharp drop in supplies to Britain, data from gas system operator Gassco showed.

  • Deadline looms for proposed BAE-EADS merger Wednesday, 10 Oct 2012 | 3:52 AM ET

    LONDON-- Defense and aerospace companies BAE Systems PLC and EADS have hours to agree on whether to go ahead with a proposed merger that has prompted a wide range of concerns in Britain, France and Germany.

  • *Euro STOXX 50 down 0.5 pct, FTSE, DAX, CAC down. *U.S. stocks fell 1 pct, Intel off 2.7 pct after downgrades. LONDON, Oct 10- European shares fell for the third day running on Wednesday and the euro came under fresh pressure along with Spanish and Italian bonds as economic anxiety was compounded by stuttering progress in the euro zone's battle against its debt crisis.

  • LONDON, Oct 10- Britain's Oxford BioMedica. said on Wednesday it was closing a mid-stage clinical trial of its cancer vaccine TroVax in U.S. patients with prostate cancer, dealing a further blow to the troubled product. Shares in the company fell more than 9 percent on the news.

  • RBI seeks to optimise capital structure with sub exchange Wednesday, 10 Oct 2012 | 3:35 AM ET

    LONDON, Oct 10- Raiffeisen Bank International announced plans to optimise its capital structure on Wednesday by asking investors to exchange an Upper Tier 2 note callable later this month into a new longer-dated Tier 2 security.

  • European shares pare earlier losses Wednesday, 10 Oct 2012 | 3:34 AM ET

    LONDON, Oct 10- European shares pared earlier losses on Wednesday to turn flat, as gains in miners counterbalanced weakness in technology shares. The FTSEurofirst 300 index was broadly flat at 1,095.79 points by 0731 GMT. The euro zone Euro STOXX 50 index.

  • LONDON, Oct 10- The European Financial Stability Facility has sent a request for proposals to members of its banking group for an upcoming euro benchmark bond issue, bank sources said.

  • Britain's FTSE easier on growth concerns Wednesday, 10 Oct 2012 | 3:15 AM ET

    LONDON, Oct 10- Britain's top shares index edged lower in early trade on Wednesday, tracking falls on Wall Street and in Asia on concerns over the global growth outlook, and with investors looking to third-quarter corporate earnings for fresh direction. Alcoa kicked off the U.S. third-quarter earnings season after Wall Street's close on Tuesday.

  • European shares fall for third consecutive session Wednesday, 10 Oct 2012 | 3:09 AM ET

    LONDON, Oct 10- European shares fell on Wednesday, losing ground for the third consecutive session, pegged back by concerns over the euro zone and the prospects of weak corporate earnings.

  • LONDON, Oct 10- Britain's financial regulation will be tailored to the needs of the wider economy under changes coming in next year, Bank of England Executive Director for Markets Paul Fisher was quoted as saying in the Scotsman newspaper on Wednesday.

  • UPDATE 1-UK Stocks-Factors to watch on Wednesday Oct 10 Wednesday, 10 Oct 2012 | 2:47 AM ET

    *Britain's FTSE 100 index is seen opening down 24-25 points, or 0.4 percent lower on Wednesday, according to financial bookmakers, tracking falls on Wall Street and in Asia on mounting concerns the latest corporate earnings will disappoint.

  • Europe Factors to Watch-Shares set to dip; EADS, BAE eyed Wednesday, 10 Oct 2012 | 2:38 AM ET

    PARIS, Oct 10- European stocks are set to fall on Wednesday, losing ground for the third straight session on mounting worries over corporate results as the earnings season gets under way. ,for Germany's DAX and for France's CAC were down 0.1-0.4 percent. Late on Tuesday, U.S. aluminium major Alcoa.

  • NEW DELHI, Oct 10- The CEO of India's Kingfisher Airlines Ltd, grounded since the start of the month, urged striking employees to return to work as the carrier scrambled to find solutions to its cash flow problems.

  • EADS says has until 1600 GMT on BAE merger Wednesday, 10 Oct 2012 | 2:36 AM ET

    BERLIN, Oct 10- European planemaker EADS has no plans to issue a statement on its planned merger with Britain's BAE Systems on Wednesday morning and the companies have until 1600 GMT time to declare their intentions, said a spokesman.

  • LONDON, Oct 10- British online fashion retailer ASOS on Wednesday confirmed the appointment of Kate Bostock, the former head of non-food at Marks& Spencer, as a senior executive director, ending months of speculation she would join the firm.

  • PRESS DIGEST-Funds Industry News-Oct 10 Wednesday, 10 Oct 2012 | 2:28 AM ET

    LONDON, Oct 10- Financial Times. *Jon Moulton, one of the UK's best known private equity investors, has made a personal investment in a litigation specialist, Manolete Partners.

  • BRIEF-Company plans listed English sparkling wine firm Wednesday, 10 Oct 2012 | 2:14 AM ET

    LONDON, Oct 10- Shellproof Ltd:. *Shellproof Plc will acquire halnaker vineyard, comprising of 13 acres of land. *The business strategy is to create a prestigious English sparkling wine production, sales and distribution business.

  • BRIEF-Quindell Portfolio acquires Metaskil Wednesday, 10 Oct 2012 | 2:11 AM ET

    LONDON, Oct 10- Quindell Portfolio PLC:.

  • LONDON, Oct 10- Alternative Liquidity Solutions Ltd:.

  • LONDON, Oct 10- SABMiller PLC:. *Doubles its traditional African beer operations. *Expanded its African beer brand, Chibuku, into ten countries across the.