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  • Athens needs the lenders to approve a proposed package of spending cuts and tax hikes to receive the next installment of emergency loans intended to keep Greece from defaulting on its massive debts. Britain's FTSE 100 rose 1 percent to 5,801.13. In Asia, markets in China, Hong Kong and South Korea were closed for public holidays.

  • *FTSEurofirst 300 index rises 0.9 percent. LONDON, Oct 1- European shares rose on Monday, bouncing off three-week lows and a major technical support at the start of the new quarter as investors took advantage of price dips to increase their exposure to sectors such as banks and chemicals. At 0848 GMT, the FTSEurofirst 300 index.

  • Investment company Kleinwort Benson backs UK, European and emerging market equities to U.S. equities, and has increased its equity holding over the course of the year although it is currently taking a relatively cautious stance on its portfolios due to underlying risks from the weak global economy.

  • LONDON, Oct 1- Activity in the British manufacturing sector shrank more than expected in September as export orders fell and costs soared, a survey showed, raising the risk that the economy will falter after a rebound over the past few months. The Bank of England also released the following data for consumer credit and M4 money supply on Monday.

  • *Unemployment highest in Spain, lowest in Austria. BRUSSELS, Oct 1- Unemployment in the euro zone remained at record highs in August and the number of people out of work climbed again, highlighting the human cost of the bloc's three-year debt crisis.

  • BERLIN-- The chief executives of BAE Systems PLC and EADS NV sought to drum up support Monday for the merger of their two aeronautics and defense companies in the face of growing criticism to the deal, saying in a joint newspaper article an agreement would help both organizations grow.

  • LONDON, Oct 1- Activity in the British manufacturing sector shrank more than expected in September as export orders fell and costs soared, a survey showed, raising the risk that the economy will falter after a rebound over the past few months. The Bank of England also released the following data for consumer credit and M4 money supply on Monday.

  • NEW DELHI, Oct 1- Labour unrest forced India's ailing Kingfisher Airlines Ltd to cancel flights on Monday, the latest blow for a carrier scrambling to find an investor and sending its shares down by their daily limit of 5 percent.

  • LONDON, Oct 1- Private equity group KKR has bought oil and gas services group Acteon from rival First Reserve as it beefs up its investment in energy and infrastructure businesses. Texas- based private equity firm White Deer Energy will take a minority stake alongside KKR, with the remainder of the company owned by management, the groups said on Monday.

  • LONDON, Oct 1- Activity in the British manufacturing sector shrank more than expected in September as export orders fell and costs soared, a survey showed, raising the risk that the economy will falter after a rebound over the past few months. The Bank of England also released the following data for consumer credit and M4 money supply on Monday.

  • LONDON, Oct 1- European equities extended gains on Monday, starting the new quarter with a bounce off three-week lows, with investors taking advantage of price dips to increase their trading positions.

  • The FTSE Small Caps index is 0.2 percent higher, lagging gains of around 1 percent on the blue-chip FTSE 100 index and the FTSE 250 mid-cap index. Shares in Goldplat rise 1.5 percent as the gold producer proposes its first ever dividend payment and reports a 52 percent increase in profit before tax for the year to June.

  • OSLO, Oct 1- Norwegian gas exports through the Langeled pipeline, the UK's main subsea gas import route, dropped to zero on Monday morning, and flows to France fell sharply as a new "gas year" started.

  • LONDON, Oct 1- Activity in the British manufacturing sector shrank more than expected in September as export orders fell and costs soared, a survey showed, raising the risk that the economy will falter after a rebound over the past few months. The Bank of England also released the following data for consumer credit and M4 money supply on Monday.

  • ST. LOUIS-- Bacon lovers can relax. "Use of the word `shortage' caused visions of gasoline lines in a lot of people's heads, and that's not the case," said Steve Meyer, president of Iowa- based Paragon Economics and a consultant to the National Pork Producers Council and National Pork Board.

  • LONDON, Oct 1- Activity in the British manufacturing sector shrank more than expected in September as export orders fell and costs soared, a survey showed, raising the risk that the economy will falter after a rebound over the past few months. The Bank of England also released the following data for consumer credit and M4 money supply on Monday.

  • LONDON, Oct 1- The Bank of England released the following data for consumer credit and M4 money supply on Monday:. NUMBER OF MORTGAGE APPROVALS AUG JULY FORECAST. *Steepest fall in total net lending since July 2010.

  • LONDON, Oct 1- Lending to Britain's consumers fell unexpectedly in August and mortgage approvals for house purchase were weaker than forecast, data showed on Monday, highlighting consumers' reluctance to take on more debt.

  • LONDON, Oct 1- The Bank of England released the following data for consumer credit and M4 money supply on Monday:. -Steepest fall in total net lending since July 2010. -Sharpest fall in mortgage lending since Dec 2010.

  • LONDON, Oct 1- British online fashion retailer ASOS said a former managing director of Amazon in the UK will be its new chairman as its seeks more growth overseas. ASOS said in May that Alli would step down after 12 years with the firm.