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  • *Max Property Group Plc: Max Property Group Plc announces 45 mln stg London.

  • BERLIN/ LONDON, Oct 2- France and Germany have collided over the location of the headquarters for a new aerospace giant to be formed from a planned merger of Europe's EADS and Britain's BAE Systems, sources familiar with the matter said on Tuesday.

  • MOSCOW, Oct 2- Igor Sechin, chief executive of Rosneft, a contender to buy BP's stake in a Russian rival TNK-BP, will meet with minority shareholders in London on Friday, a Rosneft spokesman said. The CEO has said BP could use some proceeds from a planned sale of its stake in TNK-BP, its Russian joint venture, to buy a direct equity stake in Rosneft.

  • JOHANNESBURG, Oct 2- South African paper firm Mondi Group has sold its 50 percent stake in its money-losing UK newsprint business to private equity firm Martland Holdings, and would likely see a loss of 71 million euros on the deal.

  • Shares in aerospace and defence company EADS, in merger talks with UK peer BAE Systems, rise 3 percent, gaining technical momentum after moving back above a key resistance level and with charts showing the stock's recovery rally gaining traction.

  • LONDON, Oct 2- Magnolia Petroleum PLC:.

  • LONDON, Oct 2- The Republic of Poland has set final terms on its EUR1.75bn 12 year bond due July 9 2024 via Commerzbank, HSBC, ING and SG CIB. Order books for the A2/A-/A- rated deal closed at EUR3.5bn before reconciliation. The bonds will have a spread of 143 bp over mid-swaps once priced, which will occur shortly, a manager said.

  • LONDON, Oct 2- Barclays has promoted two of its top consumer banking bosses to its executive committee as the British bank's new boss puts more focus on traditional banking after criticism of its rapid growth in higher risk investment banking.

  • JAKARTA/ SINGAPORE, Oct 2- Indonesia's biggest coal firm Bumi Resources, facing a probe into its finances by London- listed Bumi Plc, a major shareholder, is considering selling mines and carrying out a rights issue to raise cash, officials said on Tuesday.

  • By Christopher Johnson and Alice Baghdjian. LONDON, Oct 2- Brent crude oil consolidated around $112 a barrel on Tuesday as investors weighed a weaker outlook for fuel demand and sluggish economic growth against the risk of possible supply disruptions.

  • NEW YORK-- Stocks climbed Tuesday on Wall Street after a measure of American home prices posted the largest gain in more than six years, the latest data to indicate an improving housing market.

  • JAKARTA/ SINGAPORE, Oct 2- Indonesia's biggest coal firm Bumi Resources, facing a probe into its finances by London- listed Bumi Plc, a major shareholder, is considering selling mines and carrying out a rights issue to raise cash, officials said on Tuesday.

  • GENEVA-- Opponents of Switzerland's tax agreements with Germany, Austria and Britain have failed to gather enough signatures needed to hold three popular referendums that could have defeated the deals.

  • *Nearby prices down in Germany, France. France's day-ahead contract was 4.50 euros down on the day at 47 euros a megawatt hour. Germany's next working day, Oct. 4, traded 7.50 euros down from levels paid for Tuesday delivery to 42.40 euros.

  • LONDON-- For decades, Jimmy Savile was a fixture on British television _ an eccentric, aggressively jocular host of children's shows and a tireless charity fundraiser. "Maybe it was just the fact that Jimmy knew everybody," Esther Rantzen, a former BBC journalist and founder of the ChildLine child-protection charity, told Channel 4 news. "

  • BRUSSELS-- Europe's fragile banking system should be protected by building a firewall between a lender's retail operations and its more risky trading activities and forcing executives to take losses when their banks fail, according to an expert report.

  • LONDON, Oct 2- A new research paper by one of the key architects of the ECB's new bond buying plan has advocated the liberal use of bond purchases and giving banks easy access to cheap funding to fight a combined banking and sovereign debt crisis.

  • *has divested its 50% shareholding in the UK- based newsprint facility Aylesford Newsprint to the private equity company Martland Holdings. *Says the transaction involved a book loss of SEK 850 M and a. negative cash flow effect of SEK 140 M for SCA.

  • LONDON, Oct 2- Goldman Sachs and Credit Suisse have emerged from the financial crisis as the biggest suppliers of brokerage services to the embattled hedge fund industry, a new study showed on Tuesday. Credit Suisse, which counts European hedge fund giant Brevan Howard as a key client, is in second place with $200 billion of assets.

  • Ed Miliband, UK Labour party leader

    In an attempt to cast himself as a humble alternative to Prime Minister David Cameron, UK opposition leader Ed Miliband will shortly unveil tax rises for the rich and measures to reform the British banking industry.