×

Europe Top News and Analysis United Kingdom

  • CANBERRA, Oct 5- Australia did not infringe tobacco companies' intellectual property rights by forcing them to sell cigarettes in plain packets, Australia's highest court said on Friday, killing off any domestic challenge to the plain-packet ruling. Tobacco giants British American Tobacco, Britain's Imperial Tobacco, Philip Morris and Japan Tobacco.

  • SYDNEY, Oct 5- Australian shares rose 0.9 percent to their highest close in more than 14 months on Friday, tracking a fourth day of gains on Wall Street on expectations of positive U.S. payrolls data later in the day.

  • LONDON, Oct 5- Britain needs to build a four-runway airport in west London or north of the capital if it wants to compete with other European hubs, according to a report by UK think tank Policy Exchange.

  • LONDON, Oct 5- Wall Street Journal. *Apollo Global Management is proposing a merger of its Core Media Group and Endemol, the TV production house behind "Big Brother". *Private equity firms are set to take billions of pounds out of UK companies in a refinancing glut that has raised fears of a new credit bubble.

  • *Britain's FTSE 100 index is seen opening 17 to 29 points, or as much as 0.3 percent, higher on Friday, according to financial bookmakers. *The UK blue chip index closed flat at 5,827.78 points on Thursday, shrugging off an expected decision by the Bank of England to leave monetary policy unchanged, but failing to hold on to a one-week intra-day high of 5,854.16 points.

  • SYDNEY, Oct 5- Australian shares rose 0.9 percent on Friday, lifted by mining and banking stocks as the market was supported by a fourth day of gains on Wall Street ahead of a U.S. payrolls report later in the day.

  • LONDON, Oct 5- Grainger PLC:. *Sells first phase of major Hampshire housing development to Bloor homes. *End gross development value for Bloor homes is anticipated to be in.

  • LONDON, Oct 5- Shaft Sinkers Holdings PLC:.

  • LONDON, Oct 5- KCOM Group PLC:. *During the first half year the group has performed in line with expectations. *First half net debt has increased.

  • LONDON, Oct 5- Smiths Group PLC:. *Notes, priced with a coupon of 3.625%, maturity in October 2022 and offer. *Notes, priced with coupon of 3.625%, have maturity in October 2022, offer.

  • LONDON, Oct 5- Earthport PLC:.

  • *Britain's FTSE 100 index is seen opening 17 to 29 points, or as much as 0.3 percent, higher on Friday, according to financial bookmakers. *The UK blue chip index closed flat at 5,827.78 points on Thursday, shrugging off an expected decision by the Bank of England to leave monetary policy unchanged, but failing to hold on to a one-week intra-day high of 5,854.16 points.

  • index were up by 0.6 percent, while the futures contracts on Germany's DAX and France's CAC were up by 0.5 percent. Financial spreadbetters also expected Britain's FTSE 100. "I think it's going to be reasonably quiet ahead of the payrolls, but Spanish yields are creeping up, which is slightly worrying," said Joe Rundle, head of trading at ETX Capital.

  • HONG KONG/ SINGAPORE, Oct 5- China's Huawei Technologies Co Ltd, the world's No.2 telecommunications equipment maker, has been in touch with investment banks about a possible initial public offering but has not made any decisions about proceeding with a listing, sources said on Friday.

  • By early afternoon in Europe, benchmark oil for November delivery was down 70 cents to $91.01 a barrel in electronic trading on the New York Mercantile Exchange. On Thursday, tensions between Syria and Turkey gave oil prices their biggest jump in two months. Oil settled at $91.71 per barrel, up by $3.57, or 4 percent, in New York.

  • ZURICH, Oct 5- The following are some of the main factors expected to affect Swiss stocks on Friday:. *Credit Suisse will lay off another 78 employees in the New York region by year-end, its fourth round of cuts for the area this year, a regulatory filing showed.

  • EADS and BAE Systems have edged closer towards winning political backing for a $45 billion merger amid positive signals from Britain and France, but German misgivings over control remain a major hurdle, sources close to the talks said.

  • Italy faces the risk of a credit crunch when its banks have to repay the cheap three-year loans they took from the European Central Bank, the chairman of the country's third-biggest lender Monte dei Paschi said on Thursday.

  • Ibarra also said plans by Telecom Italia to separate its fixed network into a new company should be open to the state, broadband infrastructure company Metroweb and alternative carriers to join.

  • *Switzerland want good progress by end-2012-SIF* A deal could raise Rome proceeds of 120- 150 bln euros By Elvira Pollina. MILAN, Oct 5- Switzerland says it wants good progress by the end of the year on an agreement to tax assets held by Italians in Swiss bank accounts but talk of a deal being done before Italian elections in the spring is premature.