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  • Probe into umpire cricket-fixing allegations Tuesday, 9 Oct 2012 | 11:49 AM ET

    LONDON-- The International Cricket Council has launched an "urgent investigation" following allegations by an Indian television station that several umpires were willing to fix matches for money.

  • WAfrica Crude-Prices pressured, Unipec resells Tuesday, 9 Oct 2012 | 11:47 AM ET

    LONDON, Oct 9- West African crude oil differentials were under pressure again on Tuesday, as talk that Unipec resold unwanted Angolan cargoes highlighted the limited demand in China. *Qua Iboe: Seen trading around the $2.10 level, little changed from the day before, but below the $2.10 to $2.50 range seen on Friday.

  • ABM to buy Air Serv for about $158M Tuesday, 9 Oct 2012 | 11:45 AM ET

    NEW YORK-- Airport services provider ABM Industries Inc. said Tuesday that it reached a deal to buy Air Serv Corp. for about $158 million in cash. The company provides facility management services for airlines and freight companies at over 50 airports throughout the U.S. and United Kingdom. ABM shares fell 1 cent to $18.29 in morning trading.

  • UBS trader masked risk exposure of $12 bln, court told Tuesday, 9 Oct 2012 | 11:40 AM ET

    LONDON, Oct 9- Alleged rogue trader Kweku Adoboli exposed Swiss bank UBS to billions of dollars of hidden market risk for weeks on end, peaking at nearly $12 billion on Aug. 8 last year, a London court heard on Tuesday.

  • *Rio cautious on impact of China stimulus. *Optimistic on China power supply for Mongolia copper mine. LONDON, Oct 9- Global miner Rio Tinto said on Tuesday it would step up cost cuts because of an uncertain near-term outlook that includes lower growth this year in China, the world's largest consumer of key commodities.

  • NEW YORK, Oct 9- Oil prices rose more than 1 percent on Tuesday, after two sessions with lower settlements, as the threat of supply disruption in a tense Middle East countered concerns about slower growth and resulting sluggish demand for oil.

  • European shares fall, brace for gloomy earnings Tuesday, 9 Oct 2012 | 11:34 AM ET

    LONDON, Oct 9- European shares fell in thin trade on Tuesday as gloomy economic data and corporate reports set the backdrop for a tough start to the third-quarter reporting season in the United States.

  • LONDON, Oct 9- Ryanair said it would not be taking part in the sale of London's Stansted airport after the airport's owner, BAA, excluded the budget airline from the process. Ryanair had previously stated that it had held talks with potential bidders for Stansted after it was asked to consider acquiring a minority stake as part of a consortium.

  • Saudi oil minister says kingdom can meet demand Tuesday, 9 Oct 2012 | 11:10 AM ET

    RIYADH, Saudi Arabia-- Saudi Arabia's oil minister said Tuesday his country has the ability to meet existing and future demand for oil, seeking to alleviate concerns about supply and cut prices. Brent crude, which is used to price international varieties of oil, was trading above $113 a barrel in London on Tuesday.

  • New Issue- Syndicate Bank prices $500 mln 2018 bond Tuesday, 9 Oct 2012 | 11:09 AM ET

    October 9- Following are terms and conditions. of a bond priced on Tuesday.

  • Uganda: 50 years of independence, amid turbulence Tuesday, 9 Oct 2012 | 11:06 AM ET

    JOHANNESBURG-- African leaders joined thousands of Ugandans Tuesday on an airstrip in the capital of Kampala where 50 years ago Uganda announced independence from British rule.

  • Shares extend losses on U.S. weakness, Bunds rise Tuesday, 9 Oct 2012 | 11:05 AM ET

    LONDON, Oct 9- European shares extended losses to a session low on Tuesday, led by falls on Wall Street as concerns around the outlook for corporate earnings continued to weigh on sentiment, sending investors into safehaven government bonds.

  • UPDATE 2-TNK-BP oligarchs try to dodge Rosneft Tuesday, 9 Oct 2012 | 11:05 AM ET

    By Andrew Callus and Douglas Busvine. LONDON/ MOSCOW, Oct 9- The billionaires who co-own Russian oil venture TNK-BP and want to buy out partner BP have told the British company they would rather sell their half of the $50 billion business than end up in a devalued partnership with state-backed rival bidder Rosneft.

  • Stocks indexes slip following gloomy IMF forecast Tuesday, 9 Oct 2012 | 11:04 AM ET

    Indexes fell on Wall Street as investors reacted to another weak forecast on the global economy and ahead of the traditional start of earnings season: results from Alcoa, the aluminum maker and economic bellwether, which come out after the closing bell.

  • EU fin mins blocked on thorny banking union Tuesday, 9 Oct 2012 | 11:02 AM ET

    LUXEMBOURG-- Europe made little progress Tuesday in its efforts to secure the region's stricken financial system and ensure that failing banks never risk an entire country's economy again when finance ministers from the 27- country European Union failed to agree on how a single banking supervisor should be set up.

  • LONDON, Oct 9- Gold prices trimmed their losses on Tuesday, but stayed under pressure as concerns over the euro zone's peripheral economies sent the euro to session lows versus the dollar.

  • LONDON, Oct 9- TF& JH Braime Holdings PLC:. *Confirms that marcus mills has been appointed as Finance director of co. *Appointment effecttive from the date of this announcement.

  • Oil prices rise on jitters about supplies Tuesday, 9 Oct 2012 | 10:37 AM ET

    NEW YORK-- The price of oil is rising on concerns about supplies from the Middle East and the North Sea. Benchmark crude is up $1.46 to $90.79 a barrel in New York Tuesday. There is also concern that an escalation of the situation in Syria could disrupt supplies from the Middle East.

  • BRIEF-Ryanair withdraws from Stansted sale Tuesday, 9 Oct 2012 | 10:32 AM ET

    LONDON, Oct 9- Ryanair Holdings PLC:. *Ryanair withdraws from stansted sale process. *Will not participate in the sale process or seek a minority stake.

  • World stocks slightly lower amid gloom Tuesday, 9 Oct 2012 | 10:31 AM ET

    Meanwhile, comments by the International Monetary Fund on the global economy "provide a gloomy backdrop" for the day, said Monument Securities analyst Marc Ostwald. After a weak session Monday, Wall Street opened slightly lower again, with the Dow Jones Industrial index down 0.1 percent to 13,565.45, and the S&P 500 down 0.1 percent at 1,454.61.