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Europe News United Kingdom

  • OSLO, Norway-- For fostering peace on a continent ravaged by war, the European Union won the Nobel Peace Prize on Friday.

  • LONDON, Oct 12- EDF Energy's 610- megawatt Heysham 1-1 nuclear unit went offline for an unplanned outage on Friday, the operator said.

  • NEW YORK, Oct 12- U.S. stock index futures advanced on Friday, indicating the S&P 500 may crimp its worst weekly decline since early June, following a robust earnings report from JP Morgan and ahead of data on consumer confidence and inflation. But Wells Fargo& Co lost 1.8 percent to $34.55 in premarket trading after reporting its third-quarter results.

  • London, Oct 12- Turkish imports of Iranian crude oil plummeted to around 100,000 barrels per day in September after spiking in August, data from Reuters AIS Live ship tracking and a shipping source showed.

  • LONDON, Oct 12- Smart grid and meter applications in Europe are having to compete with other services for radio frequencies, raising questions over grid stability and value for money.

  • By Luke Baker and John O'Donnell. BRUSSELS, Oct 12- Euro zone countries should consider clubbing together to borrow as well as paying into a central budget that could be used to help struggling countries, according to a report prepared by senior European officials ahead of a meeting of leaders.

  • *HSBC becomes "overweight" Spanish equities. Alcoa posted a quarterly loss and cut its outlook for global aluminum demand, citing a slowdown in China. "We are not expecting any great surprises from the earnings season, but feel that people are getting too pessimistic on the outlook for corporate earnings," Robert Parkes, equity strategist at HSBC Securities, said.

  • LONDON, Oct 12- Hilary Mantel could become the first woman to win the coveted Man Booker Prize for fiction twice with her historical novel "Bring Up the Bodies", the bookmakers' favourite alongside Will Self's "Umbrella".

  • LONDON, Oct 12- Balance sheet intensive trades and requirements for committed credit lines have seen many banks complain about the pressure exerted by the eurozone rescue set up, just as the European Stability Mechanism gets set for its first ever bond issue.

  • By Maytaal Angel and Clara Ferreira-Marques. LONDON, Oct 12- Mining firms, already cutting back after years of rising costs, could do more to tighten their belts and should use the proceeds to increase payouts to yield-hungry investors, BlackRock, the world's largest fund manager said on Friday.

  • *Turkey- Syria tensions, lower N.Sea output support. LONDON, Oct 12- Oil fell towards $115 a barrel on Friday, as a prediction of a further decline in oil consumption and higher supplies offset concerns about potential output disruptions in the Middle East.

  • LONDON-- Upbeat earnings from JP Morgan Chase& Co. did little to lift the mood in markets Friday as stocks continued to shed some of the gains made the previous day, when U.S. jobs figures came in stronger than expected.

  • *JP Morgan climbs after earnings, Wells Fargo due. NEW YORK, Oct 12- U.S. stock index futures were higher on Friday, indicating the S&P 500 may crimp its worst weekly decline since early June, after robust earnings from JP Morgan and ahead of data on consumer confidence and inflation.

  • *Investors consolidate; $1,760/ 50 seen as support level* U.S. producer prices rise in September* China, India demand falls By Clare Hutchison.

  • *JP Morgan climbs after earnings, Wells Fargo due. NEW YORK, Oct 12- U.S. stock index futures were higher on Friday, indicating the S&P 500 may crimp its worst weekly decline, after robust earnings from JP Morgan and ahead of data on consumer confidence and inflation.

  • *British Gas says faces rising wholesale prices and upgrade costs. LONDON, Oct 12- Centrica PLC, the owner of Britain's biggest energy supplier, is raising its domestic gas and electricity prices by 6 percent next month, saying it was necessary to cover rising wholesale prices and upgrade costs.

  • LONDON, Oct 12- Brevan Howard, one of the world's top hedge fund firms which three years ago moved its main office to lower-tax Geneva, is back hunting for a new home in London amid signs some traders are missing the city's buzzing nightlife.

  • SINGAPORE, Oct 12- The Asian naphtha price and margins ended the week at a three-session low of $985 a tonne and $123.03 a tonne respectively to mirror the fall in European values as gasoline demand softened. "The fall in margins today was a reflection of the gasoline market in Europe," said a Singapore- based trader.

  • *Turkey- Syria tensions, lower N.Sea output support. LONDON, Oct 12- Oil fell below $115 a barrel on Friday, as a prediction of a further decline in oil consumption and higher supplies offset concerns about potential output disruptions in the Middle East.

  • By Sarah White and Luke Jeffs. "There have been huge obstacles preventing us from making a first distribution from the general estate to unsecured creditors," said Tony Lomas, the lead administrator of Lehman Europe at PwC.