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Top News & Analysis United States

  • 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.

  • 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.

  • As of Monday, Medicare will start fining hospitals that have too many patients readmitted within 30 days of discharge due to complications. About two-thirds of the hospitals serving Medicare patients, or some 2,200 facilities, will be hit with penalties averaging around $125,000 per facility this coming year, according to government estimates.

  • 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.

  • LONDON, Oct 1- British blue chip shares rebounded early on Monday, with miner Xstrata. Shares in Xstrata gained 1.5 percent, having traded 22 percent of their full-day volume average by 0748 GMT, as the company's board backed Glencore's bid after wrestling for three weeks to reconcile opposing demands from shareholders over the deal terms.

  • Oct 1- Triangle Petroleum Corp:. *Triangle Petroleum and First Reserve Corporation announce midstream and. *Says Caliber is a newly-formed, Denver- based limited partnership.

  • WASHINGTON-- The U.S. Chamber of Commerce, which has spent tens of millions of dollars on television ads to help boost Republican congressional candidates, launched an extensive effort on Monday to mobilize voters. It also will include information on House and Senate races and a comparison of the candidates on the issues.

  • JAKARTA, Oct 1- Indonesian exports and imports fell the most in three years in August, suggesting weakening third quarter growth for Southeast Asia's biggest economy that is likely to lead the central bank to keep benchmark interest rates at a record low all year.

  • ZURICH, Oct 1- The outlook for Swiss industry darkened further in September, dragged down by sluggish economies in the euro zone and the United States that central bank actions have so far failed to revive. The index is compiled by the Swiss SVME purchasing managers' association and Credit Suisse, and a reading below 50 signals a contraction.

  • DUBAI, Oct 1- Abu Dhabi Investment Authority, the cash-rich emirate's sovereign wealth fund, has hired Colm Lanigan to head principal investments at its private equities department, it said on Monday. Lanigan was most recently the managing partner of Tara Capital, a New York- based boutique private equity firm that he started in 2005..

  • By Kate Kelland LONDON, Oct 1- Extending treatment with Roche's. Analysts had said the Swiss firm, the world's biggest maker of cancer drugs, could lose up to $1.5 billion in revenue from the blockbuster medicine in the medium term if six months treatment had been shown to be just as effective.

  • *Nippon Yusen, Daido Steel cut earnings guidance. *China official PMI, Japanese manufacturing sentiment weak. TOKYO, Oct 1- The Nikkei share average fell to its lowest close in three weeks on Monday, hurt by downbeat economic data from Japan and China as well as a smattering of profit warnings from local companies like shipper Nippon Yusen KK.

  • *HERA trial favours status quo, PHARE trial inconclusive* Experts say key message is one year of Herceptin is best* Results limit downside risk for Roche's Herceptin revenues By Kate Kelland LONDON, Oct 1- Extending treatment with Roche'S. Data from both trials were presented at the European Society of Medical Oncology conference in Vienna on Monday.

  • SYDNEY, Oct 1- Australian shares ended flat on Monday, giving up early gains after data showing China's manufacturing sector remained in contraction in September fuelled investor worries about weak global growth. Mining and steel maker Arrium.

  • *Japan's business sentiment worsens- tankan. SINGAPORE, Oct 1- Brent crude fell below $112 per barrel on Monday, reflecting investor concerns a shaky global economy may hurt oil demand following fresh evidence of weakness in China and Japan as well as persistent worries about the debt-saddled euro zone.

  • SYDNEY, Oct 1- Australian shares finished flat on Monday, after data showing that while China's manufacturing sector had improved somewhat in September, it remained in contraction, heightening investors' worries about weak global economic growth.

  • Oct 1- The following are the top stories on the New York Times business pages on Monday. *A tax break for wage earners for which the White House campaigned hard last winter now finds little support in Washington, as Congress struggles with deficits.

  • *Japan's business sentiment worsens- Tankan. SINGAPORE, Oct 1- Brent crude fell below $112 per barrel on Monday, reflecting investor concerns a shaky global economy may hurt oil demand following fresh evidence of weakness in China and Japan as well as persistent worries about the debt-saddled euro zone.

  • NEW DELHI, Oct 1- India's annual exports fell 9.7 percent to $22.3 billion in August, while imports fell about 5.1 percent to $38 billion, leaving a trade deficit of $15.6 billion, government data showed on Monday.

  • LONDON, Sept 30- The darkest hour is just before dawn, the old saying goes.