*Shanghai aluminium outperforms, up 3.6 pct. Most base metals took a breather after a rapid recovery from an early-week rout that dragged prices to multi-year lows, but Shanghai aluminium outperformed, rising nearly 4 percent. The most-traded January nickel on the Shanghai Futures Exchange, which gained around 9 percent in the past two sessions, closed 0.9-...» Read More
BIRMINGHAM, England, Oct 8- Britain's Conservative-led government would cut an extra 10 billion pounds a year from its welfare budget and slash spending across the board in the next phase of austerity if re-elected, finance minister George Osborne will say on Monday.
SEOUL, Oct 7- South Korea believes the won will be in an "extraordinarily" balanced state for a considerable period and is determined not to intervene to weaken it to boost exports, top policymakers told Reuters.
MELBOURNE, Oct 8- QR National, Australia's top coal-freight company, plans to buy back A $1 billion worth of its shares, or 11.9 percent of its share base, it said on Monday after the Queensland government sold more than half its stake in the firm.
SINGAPORE, Oct 8- U.S. crude eased towards $89 a barrel on Monday, as concerns over the global economy and Europe's debt crisis offset support from an unexpected drop in U.S. unemployment.
*Most news cases in Michigan. The widening outbreak has alarmed U.S. health officials and focused attention on regulations of pharmaceutical compounding companies like the one that produced the drugs, the New England Compounding Center Inc in Framingham, Massachusetts.
ATHENS, Greece-- Greek police say they have detained 18 union members of the state electricity company's union, including the union president, for illegally occupying a building housing the company's computer systems. The unionists had occupied the building for about four hours when riot police stormed the premises shortly before midnight.
WASHINGTON, Oct 7- He has been stereotyped as the Obama administration's gaffe-prone sideshow. But Vice President Joe Biden also is a veteran debater who was in the U.S. Senate for a quarter century and is perhaps the Democratic White House's most passionate defender of the working class.
MELBOURNE, Oct 8- Australian shares are expected to open roughly unchanged on Monday, buoyed by a surprise drop in the U.S. unemployment rate, with the market set to consolidate gains that took the benchmark index to a 14- month high last week.
NEW YORK, Oct 7- Wal-Mart and American Express will hold a conference call for media analysts and investors on Monday at 8:30 a.m. EST to make a financial services announcement, the companies said in a joint press statement on Sunday.
*Only 2 points behind in Reuters/ Ipsos poll. PORT ST. LUCIE, Fla., Oct 7- Mitt Romney appeared on Sunday to have halted his perilous slide in the polls and is back to running a close race with President Barack Obama as he prepares a new assault on the Democrat over foreign policy.
LONDON-- The French and German governments must reduce their stakes in defense company EADS NV for the U.K. to allow a proposed merger with BAE Systems PLC to go ahead, Britain's defense secretary warned Sunday. Philip Hammond said Britain would veto the mega-merger of the aeronautics and defense companies if this requirement wasn't satisfied.
WELLINGTON/ SYDNEY, Oct 8- The Australian and New Zealand dollars started weaker early on Monday, with caution in Wall Street offsetting encouraging U.S. payroll data while markets still await Spain's request for aid. *Aussie at around $1.0156 from NY's close of $1.0177, having dipped to $1.0150, the lowest since July 13.
*Board cheers investors, but analysts say hurdles remain* Hundreds of big-ticket projects stuck By Rajesh Kumar Singh and Matthias Williams.
BEIJING, Oct 8- China risks economic malaise, deepening unrest and ultimately even a crisis that could shake the Communist Party's grip on power unless its next leader, Xi Jinping, pushes through stalled reforms, experts close to the government have warned.
SINGAPORE, Oct 8- Indonesia is buying submarines from South Korea and coastal radar systems from China and the United States. Vietnam is getting submarines and combat jets from Russia, while Singapore- the world's fifth-largest weapons importer- is adding to its sophisticated arsenal.
BEIJING, Oct 8- China is spending $14 billion on pilot projects to turn coal in remote parts of the country into natural gas, a risky bet that could help meet the country's surging demand for the cleaner fuel.
By Sanjeev Choudhary and Ross Colvin. NEW DELHI, Oct 8- It is rough being an employee of Torrent Power Ltd in the Indian city of Agra.
BANGALORE, Oct 8- Shopping in a U.S. department store? It's called Big Data, and although much of the work is done in the United States, India is getting an increasing slice of the action, re-energising an IT sector whose growth has begun to falter. "There are hundreds of boutiques in India right now.
NEWARK, N.J.-- An internal report shows screeners at Newark Liberty International Airport are properly executing standard pat-downs of passengers only 16.7 percent of the time. The report obtained by The Star-Ledger of Newark also shows that screeners identify and take appropriate action on prohibited items in only a quarter of all cases.