The U.K. will put "security first," the finance minister said. Plus, he scrapped plans to cut welfare payments to low-paid workers.» Read More
Following are details of the JPMorgan Global Purchasing All-Industry Output Index for September. GLOBAL SERVICES PMI PMI Jobs Orders Inp Prc Backlogs Aug 52.0 51.4 50.8 58.3 49.0 Sept 54.0 49.6 52.8 59.7 47.1 GLOBAL COMPOSITE PMI PMI Orders Jobs Inp Prc Aug 50.9 49.8 50.9 56.2 Sept 52.5 51.6 49.9 58.0.
LONDON/ NEW YORK, Oct 3- The euro zone's economic woes accelerated last month and China's slowdown looked likely to extend to a seventh quarter, surveys on Wednesday showed, while the United States proved the bright spot with better-than-expected news on services and jobs.
*First female FTSE CEO to step down at year end. The first female chief executive of a FTSE 100 company had previously declared that the famous pink-paged FT title would be sold "over my dead body".
*Best Buy founder, private equity firms examine books. Stocks oscillated between gains and losses as hopes that Spain will eventually request a bailout were offset by concern over China's slowing economy.
LONDON, Oct 3- A close colleague of accused UBS. "rogue trader" Kweku Adoboli was interviewed by police as a suspect, a London court heard on Wednesday. Simon Taylor, who was a junior trader on the ETFs desk, was cross-examined on Wednesday by Adoboli's lawyer Charles Sherrard.
The commission voted 3-0, with two members absent, to approve a 15- year contract with Rhode Island- based GTECH that is expected to make $1.7 billion in profit over five years _ a $500 million increase over state projections. GTECH already provides and maintains vending machines for the Hoosier Lottery.
Oct 3- Fitch Ratings has affirmed PICTS plc's notes as follows:. The affirmation reflects the stable performance of Lloyds TSB Banking Group plc as reflected in its rating, of which Halifax Bank of Scotland is a wholly owned subsidiary.
LONDON, Oct 3- Theo Fennell PLC:. *Panel has consented to an extension of the deadline. *The company remains in offer discussions with eme.
LONDON-- Markets remained subdued Wednesday despite some moderately encouraging U.S. jobs figures as investors awaited a key government report later in the week and more clarity over Spain's request for a bailout.
LONDON, Oct 3- Finland's export credit agency Finnvera is set to become the country's latest sub-sovereign issuer when it executes its first transaction under a new euro medium-term note programme later this year.
Oct 3- American Depository Shares of Luxfer Holdings Plc, a British maker of high-performance materials and gas cylinders, rose 17 percent in their market debut, a day after the company priced its initial public offering below its expected price range.
*Pushes forward with growth drive in U.S. and Asia. LONDON, Oct 3- Brokerage Marex Spectron aims to at least double revenue under a newly appointed chief executive as it pushes forward with a growth drive in the United States and Asia and focuses on its strongest suit, commodities.
MOSCOW, Oct 3- Russian precious metals miner Polymetal is likely to discuss in December whether to pay a special dividend, Chief Executive Vitaly Nesis said on Wednesday. The company, which joined London's FTSE 100 index last year, has a policy of paying a dividend of 20 percent of net earnings if the ratio for net debt to adjusted EBITDA is below 1.75.
LONDON-- A Python and the founder of Gorillaz are trying to help opera shed its stuffy image. Monty Python's Terry Gilliam and Blur and Gorillaz singer Damon Albarn are supporting a plan by the English National Opera to entice new and younger audience members with the promise of casual clothes, cheap tickets and cocktails.
LONDON, Oct 3- France's Areva has dropped out of the race to buy British nuclear new-build project Horizon, the company said on Wednesday, three months after announcing it was bidding for it with China Guangdong Nuclear Power Holding.
CAIRO, Oct 3- A trickle of foreign donor aid looks like Egypt's best hope of averting a balance of payments crisis for now because many of the investors who fled the country last year are loath to return until the government seals a loan from the IMF.
*Seadrill may move to London, Singapore.
There were twice as many restaurant openings than closings in New York over the past year and diners still eat out three times per week-- the same number as in each of the past three years, according to the survey of 44,306 people, which will be released on Wednesday.
LONDON, Oct 3- Music Festivals PLC:. *Further re appointment of administrator. *Principal units benicassim and Kent festival, which are not subject of.
BRUSSELS, Oct 3- Banking supervision, the single market, a centralised euro zone budget, a single bank resolution fund, direct recapitalisation of banks from rescue funds and much stricter fiscal oversight.