CNBC's Phil Han reports on the efforts to contain the Chernobyl disaster fallout, which has been dubbed the "Chernobyl Sarcophagus." » Read More
LONDON-- British police on Monday arrested the man who told journalists he was responsible for scrawling graffiti on a mural by modern American master Mark Rothko at London's Tate Modern museum.
UniCredit Bank Austria and Banco Popolare struggled to find demand for their respective five- and long three-year deals, despite impressive order books built by rivals Intesa Sanpaolo, Italy's largest retail bank, and Dutch F Van Lanschot the same day.
LONDON, Oct 9- Noble Clean Fuels on Tuesday became the latest energy company to expand its presence in Britain's growing liquefied natural gas market as it signed an agreement to import spare LNG at the country's South Hook terminal.
LONDON, Oct 9- Wolseley PLC:.
LONDON, Oct 9- Pakistan has become the first country in South Asia to introduce a vaccine against the deadly pneumococcal disease in children, with GlaxoSmithKline's Synflorix selected for the programme.
*Breakthrough for Glencore as it gets Rosneft invitation. LONDON, Oct 9- Swiss trading houses Vitol and Glencore have become the largest players in the Russian oil export market, dominating supplies from the world's biggest producer after a switch in Kremlin policy opened up the trade. "Everywhere you saw Gunvor before, Glencore is now written in capital letters.
LONDON, Oct 9- Silvermere Energy PLC:. *Views early production profile from i-1 well as encouraging. *Highlights that result of four-point test has not yet been reported in full.
LONDON, Oct 9- European shares edged lower on Tuesday on concerns about company earnings and debt problems in countries including Spain and Greece, although analysts said the overall market trend remained positive and recent central bank actions would underpin stocks. At 1138 GMT, the index was down 0.1 percent at 1,100.52 points.
Turkish President Abdullah Gul said on Monday the "worst-case scenarios" between his country and Syria were now playing out, fuelling concerns that the 18- month-old conflict in Syria may spread to other countries in the region.
*MegaFon says Russia focus is key advantage. By Megan Davies and Maria Kiselyova.
*Britain behind on austerity targets due to weak economy. BIRMINGHAM, England, Oct 9- British Prime Minister David Cameron said on Tuesday he would not soften his austerity programme with a "Plan B" of slower spending cuts after the International Monetary Fund downgraded its growth forecasts for Britain. "What we need in Britain is not' Plan B', which is more borrowing.
*Iran says UAE claims are "baseless". The three islands of Abu Musa and Greater and Lesser Tunb sit near important oil shipping channels at the mouth of the strategic Strait of Hormuz and were claimed by the U.S.-backed Shah of Iran in 1971, just before the seven Gulf emirates won independence from Britain and formed the UAE.
BRUSSELS, Oct 9- British Defence Secretary Philip Hammond said on Tuesday he hoped to meet his French, German and U.S. counterparts to discuss the proposed merger of aerospace groups EADS and BAE Systems, a day before the deal's deadline.
PARIS, Oct 9- EADS rejected a German news agency report that merger talks with BAE Systems had collapsed and confirmed progress between Britain and France over the deal.
LUXEMBOURG-- European Union finance ministers grappled Tuesday with how to support their struggling banks and ensure that failing financial institutions don't have the power to drag down entire countries with them.
*Uncertainty over Spain and Greece pressures euro. LONDON, Oct 9- A stark warning from the IMF about the global growth outlook and the prospects for Spain and Greece sent European stocks and the single currency lower on Tuesday, while oil rose on escalating tensions in the Middle East.
LONDON, Oct 9- Shares in EADS rose sharply and those in BAE Systems fell on Tuesday, with three traders attributing the move to a report by German news agency DPA that merger talks between the two companies had collapsed. EADS shares rose as high as 26.85 euros a share before ceding most of their gains to trade up 0.2 percent on the day at 26.30 euros by 1143 GMT.
LONDON, Oct 9- Brent crude rose by more than $1 on Tuesday as rising tension between Turkey and Syria stoked oil supply concerns.
PARIS, Oct 9- Britain and France have made progress in talks over a possible cap on state shareholdings in any merger between EADS and BAE Systems, but any deal must overcome possible opposition from Germany, sources briefed on the matter said.
The single European currency slipped after a meeting of euro zone finance ministers on Monday dashed investors' hopes of a bailout for Spain's troubled economy, with ministers insisting that Madrid was still able to fund itself via capital markets.