Europe Top News and Analysis United Kingdom

More

  • LONDON, Oct 5- Daily spot foreign exchange trading volumes on Thomson Reuters dealing platforms fell by more than 24 percent in September from a year earlier, company data showed on Friday.

  • LONDON, Oct 5- London's Oxford Street, one of world's busiest shopping strips, is suffering from flat-lining demand, signalling that the global economic gloom has spread to leading retail areas.

  • *Zynga shares slide after warning, Facebook slips. *Sprint could counterbid on PCS- sources. NEW YORK, Oct 5- U.S. stocks rose on Friday, with the S&P 500 up for a fifth straight day and set to close at its highest since 2007, after government data showed a surprise drop in the unemployment rate.

  • *Turkey- Syria violence stokes supply concern. LONDON, Oct 5- Oil held above $112 per barrel on Friday after figures showed fewer people out of work in the United States, the world's biggest oil consumer.

  • LONDON, Oct 5- Portugal's first dabble in the capital markets in over a year, coupled with a show of support from the ECB over future bond-buying has sparked renewed investor interest in the credit.

  • *ends partial lock-out until Oct 12; shut since Monday* Mumbai staff hold protest march over unpaid salaries* CAPA suggests voluntary shutdown to restructure.

  • *U.S. jobless rate tumbles to near-4 year low* Gold briefly goes sub- $1,780 before steadying* Data not seen altering U.S. employment trajectory By Clare Hutchison.

  • *Iran will defeat "conspiracy" against the rial, aide says. DUBAI, Oct 5- Iran will defeat a "conspiracy" against its foreign currency and gold markets, an adviser to supreme leader Ayatollah Ali Khamenei said on Friday, as pressure mounts on authorities to deal with the rapid collapse of the rial.

  • Benchmark oil is now down $1.25 to $90.46 per barrel in New York. Traders are trying to gauge the strength of global oil demand while watching developments surrounding Syria in the Middle East. In London, Brent crude, which is used to price international varieties of oil, was down 8 cents to $112.50.

  • LONDON, Oct 5- British engineer AMEC said chief operating officer Neil Bruce is leaving the company as part of a restructuring of the way the business is organised. AMEC said on Friday that Bruce will step down straight away after 15 years at the firm because the COO position will no longer exist under a new organisational structure.

  • LONDON, Oct 5- CNP Assurances mandated six banks on Friday morning for a dollar Reg S subordinated bond despite news that French insurance company Groupama will skip a coupon payment on a Tier 1 bond on October 22.

  • LONDON, Oct 5- Design and engineering firm WS Atkins could be next in the firing line for its part in a flawed $9 billion dollar rail deal torn up by Britain's government this week, sending its shares down 4 percent.

  • *Turkey- Syria violence stokes supply concern. LONDON, Oct 5- Oil held above $112 per barrel on Friday after figures showed fewer people out of work in the United States, the world's biggest oil consumer.

  • By Jan Lopatka and Martin Santa. BRATISLAVA, Oct 5- Poor European Union states must fight hard to prevent richer members from cutting development aid for the rest of this decade or growth across the entire bloc could be undermined, the head of the EU executive said on Friday.

  • October 05- Following are terms and conditions. of a bond priced on Friday.

  • LONDON, Oct 5- Spain's Telefonica SA, rated Baa2/BBB/BBB+, priced a EUR1.2bn January 2020 bond on Friday after attracting around EUR8bn of orders. Lead managers BayernLB, BNP Paribas, Citi, Commerzbank, MUSI and SG CIB priced the trade at 330 bp over mid-swaps, equating to 115.38 bp over the 3.25% January 2020 Bund. The reoffer is par and the deal has a coupon of 4.71%.

  • In Europe, the FTSE 100 index of leading British shares was up 0.7 percent at 5,871 while Germany's DAX rose 1.2 percent to 7,397. The CAC-40 in France was 1.6 percent higher at 3,457.. The benchmark New York rate was $2.41 lower at $89.31 a barrel.

  • *European shares extend gains, Wall Street set to open higher. LONDON, Oct 5- European shares extended their gains and the dollar rose against the yen on Friday after a key jobs report from the United States showed its unemployment rate had dropped to 7.8 percent in September, its lowest point in nearly four years.

  • LONDON, Oct 5- The fall in the Iranian rial over the past year is the result of Tehran's economic mismanagement and sanctions imposed over its disputed nuclear programme, U.S.

  • *Zynga shares slide after warning, Facebook slips. *Sprint could counterbid on PCS- sources. NEW YORK, Oct 5- U.S. stocks were poised to rise at the open Friday, with the S&P 500 set to hit its highest since 2007, as a surprise drop in the jobless rate gives legs to this week's rally.