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  • There were large blocks of empty seats at some stadiums at the 2010 World Cup in South Africa and this year's European Championship in Poland and Ukraine. At the Leaders in Football conference on Wednesday, FIFA marketing director Thierry Weil said sponsors would have to name the people using tickets two or three days before matches in Brazil.

  • LONDON, Oct 10- Britain's financial watchdog said it was pressing ahead with a reform of how consumers are sold investment products from January, dashing industry hopes for last minute changes.

  • Italian Prime Minister Mario Monti's government unexpectedly cut the lowest income tax rates ahead of next year's national election, promising to meet the budget goals it has agreed with the European Union. Italy's Treasury sells 3.0 billion euros 3- month BOTs maturing Jan. 14, 2013 and 8.0 billion euros 12- month BOTs maturing Oct. 14, 2013.

  • --Clyde Russell is a Reuters market analyst. LAUNCESTON, Australia, Oct 10- The job losses and cost-cutting at Australia's major iron ore producers show they are taking to heart the adage to never let a good crisis go to waste.

  • S Treasury Secretary Tim Geithner, Fed Chairman Ben Bernanke will visit Mumbai. *Prime Minister Manmohan Singh to speak at International Energy ministers meeting in New Delhi. *World Steel Association's 2- day annual conference in New Delhi.

  • *Nifty futures on the Singapore Exchange. *A government panel recommended in a draft report on Tuesday that India should scrap a law that taxes asset transfers retrospectively, a move that could save Britain's Vodafone $2 billion.

  • *Asian shares fell on Wednesday, led by losses in technology and materials stocks after brokerage downgrades for top chip maker Intel Corp. *Oil prices jumped on Tuesday, snapping two sessions of losses, as escalating turmoil on the border of Turkey and Syria heightened concerns of a supply disruption in a tense Middle East.

  • PARIS, Oct 10- EADS and BAE Systems. The European companies have until 1600 GMT later on Wednesday to declare their intentions and either scrap their merger or ask UK regulators for more time or finalize their plans to create the world's largest aerospace and arms group.

  • LONDON, Oct 10- Russian president Vladimir Putin backs BP's plan to sell its 50 percent stake in TNK-BP. Sechin said, without giving a full direct quote, that President Putin endorsed the idea at a meeting in Russia last month with BP's top executives.

  • LONDON, Oct 10- UPS will be served with a formal European Union complaint as early as next week, outlining serious doubts about its proposed 5.2 billion euros takeover of Dutch rival TNT Express, the Financial Times reported.

  • STOCKS TO WATCH-- FRASER AND NEAVE LTD. -CapitaLand Ltd, Southeast Asia's largest property developer, said on Tuesday that Lim Ming Yan will become its new chief executive officer and president from Jan 1.

  • The merger between BAE Systems and EADS was teetering on Tuesday as the chief executive of the British group flew into Toulouse ahead of an expected plea for more time to thrash out a deal. The Telegraph CAMERON: IT'S SINK OR SWIM FOR UK. BAE MEGA-MERGER HANGS IN BALANCE The mega-merger between BAE Systems and EADS.

  • STOCKS TO WATCH-- FRASER AND NEAVE LTD. -CapitaLand Ltd, Southeast Asia's largest property developer, said on Tuesday that Lim Ming Yan will become its new chief executive officer and president from Jan 1.

  • The Organ Care System, which has been tested on 12 patients in Germany and Spain, allows donor lungs to be prepared and preserved for transplant at body temperature, keeping them in better condition than the usual practise of cooling them down, according to results of a study published in the Lancet.

  • MELBOURNE, Oct 10- Australian shares fell 0.4 percent on Wednesday, with some of the biggest declines recorded by gold miners after bullion prices headed lower offshore. eased 0.6 percent to 3,882.8 after U.S. stocks fell on increasing worries about third-quarter earnings and the International Monetary Fund warned on global growth.

  • OSLO, Oct 10- Output from Royal Dutch Shell's. Nyhamna gas processing plant in Norway has been cut by 35 million cubic meters per day for an unknown duration due to a pump failure, gas system operator Gassco said on Wednesday.

  • The Organ Care System, which has been tested on 12 patients in Germany and Spain, allows donor lungs to be prepared and preserved for transplant at body temperature, keeping them in better condition than the usual practise of cooling them down, according to results of a study published in the Lancet.

  • BIRMINGHAM, England, Oct 10- Britain must cut its budget deficit and fix its economy or face long-term decline, Conservative Prime Minister David Cameron will say on Wednesday, seeking to convince voters that his austerity plan is the only way forward.

  • *Britain, France had proposed state shareholding cap. *Germany demands parity with France, key headquarters. PARIS/ BERLIN, Oct 9- Plans for a $45- billion merger between EADS and BAE Systems veered towards collapse late on Tuesday as Germany appeared ready to block the deal in a row over national stakeholdings.

  • MELBOURNE, Oct 10- Australian shares may ease from 14- month highs on Wednesday after U.S. stocks fell on concerns over third-quarter earnings, although energy companies may be boosted by a sharp rise in oil prices. *Energy companies such as Woodside Petroleum.