Europe Top News and Analysis United Kingdom

  • LONDON, Oct 8- The South African rand plunged to a new 3-1/ 2 year low against the dollar as the worst bout of labour unrest since the end of apartheid rattles the market, while growth worries weighed on broader emerging markets. The rand tumbled 2.4 percent, extending losses chalked up on Friday when Anglo American Platinum.

  • LONDON, Oct 8- Hargreaves Services PLC:. *Will today issue the employees at maltby colliery with notification of. *Will shortly begin consultation regarding potential redundancies.

  • --France- based beauty and cosmetics packaging manufacturer Albea has announced plans to acquire the cosmetics business of U.K.- based consumer packaging group Rexam PLC for a cash amount of about $462 million. --We are assigning our preliminary' B+' long-term corporate credit rating to Albea Beauty Holdings S.A., Albea's holding company.

  • *France very tight, Germany well supplied for short term. FRANKFURT, Oct 8- European prompt power prices diverged on Monday as French levels rose on tight nuclear supply and as Germany's fell on a better capacity outlook.

  • LONDON, Oct 8- Terra Firma, the private equity group led by high-profile dealmaker Guy Hands, is planning a fund of up to $5 billion with China Development Bank.

  • LONDON, Oct 8- The chief executive of miner Aquarius Platinum, industry veteran Stuart Murray, has resigned with immediate effect after a decade at the helm, becoming the third boss of a major platinum producer to step down so far this year.

  • LONDON, Oct 8- British prompt gas prices eased on Monday as imports from Norway via the Langeled pipeline regained full strength following processing problems last week, while milder weather forecasts for October also helped keep a lid on gains.

  • LONDON, Oct 8- Scancell Holdings PLC:. *Hlds- notice of results and share price movement. *Not aware of any reason that would lead to recent movement in its share price.

  • LONDON Oct 8- The following FTSE 100. companies will go ex-dividend on Wednesday, after which investors will no longer qualify for the latest dividend payout. COMPANY DIVIDEND INDEX IMPACT InterContinental Hotels 108.40 1.24 Kingfisher 3.09 0.29 Smith& Nephew 9.90 cents 0.22 Tesco 4.63 1.47 Wolseley 40.00 0.45 WPP Group 8.80 0.44 Among FTSE 250.

  • *World Bank says China economic slowdown could get worse. LONDON, Oct 8- Brent crude oil fell below $111 per barrel on Monday on concerns slower economic growth would curb oil demand, but supply worries stemming from tension in the Middle East helped check losses.

  • BIRMINGHAM, England, Oct 8- Britain's Conservative-led government will trim an extra 10 billion pounds a year from its welfare budget and cut across the board in the next phase of austerity if re-elected, its finance minister will say on Monday.

  • LONDON, Oct 8- Inmarsat PLC:. *Inmarsat and Honeywell sign master distribution agreement for business. *Agreement includes significant 5- year capacity purchase by Honeywell.

  • Benchmark crude for November delivery tumbled $1.51, or 1.7 percent, to $88.37 per barrel by late afternoon Bangkok time in electronic trading on the New York Mercantile Exchange. The contract closed down $1.83 to $89.88 per barrel.

  • BANGKOK-- World stocks fell Monday as Europe's debt crisis continued to roil markets and the World Bank cut its growth forecasts for Asia. "That worried investors that we might have hit the top of the recent rally and we might see some correction in the short term," said Jackson Wong, vice president of Tanrich Securities in Hong Kong.

  • LONDON, Oct 8- Private equity groups Investindustrial and Trilantic Capital Partners have taken a minority stake in Spanish cable television provider Euskaltel.

  • PARIS, Oct 8- Britain, France and Germany resumed talks on Monday to try to prevent a disagreement over state shareholdings wrecking a proposed merger of EADS and BAE Systems.

  • LONDON, Oct 8- Itv PLC:.

  • *World Bank cuts growth view on East Asia/Pacific. LONDON, Oct 8- European shares fell early on Monday, surrendering most of the previous session's gains on a downgraded growth outlook for Asia and as investors started to position for a weak earnings season.

  • By John Geddie and Christopher Whittall. LONDON, Oct 8- As the world's largest public issuers gather behind closed doors at the IMF/World Bank Annual Meeting this week, a once arcane topic will now figure at the top of the agenda: posting collateral to swap counterparties. Bankers would pay good money to be flies on the wall for this conversation.

  • LONDON, Oct 8- Tesco PLC:.