LONDON— International bank HSBC says it has decided to keep its headquarters in London after considering a move to Hong Kong in response to tougher U.K. banking regulations. Chief executive Stuart Gulliver said "having our headquarters in the U.K. and our significant business in Asia Pacific delivers the best of both worlds to our stakeholders."» Read More
BENTONVILLE, Ark.-- Wal-Mart Stores and American Express are teaming up on a reloadable prepaid card for shoppers. Wal-Mart Stores Inc. and American Express Co. view the card as an alternative to debit and checking accounts that will help consumers better manage and control their finances. Wal-Mart, based in Bentonville, Ark., is the world's biggest retailer.
U.S. stock index futures fell on Monday after the World Bank cut its growth forecasts for East Asia, highlighting concerns about the global economic climate and corporate profits ahead of the upcoming earnings season. **INNOSPEC INC, Friday close $34.35.
*Raymond James Raises Unisys Corp target price to $26 from $23; rating. Reuters Station users, click. 1568. Reuters Station users, click. 4899.
*Dow agrosciences acquires cal/west seeds. *Dow agrosciences llc says financial terms of the agreement were not disclosed. choice brands, cal/west srl Argentina.
Oct 8- Cookson Group PLC:. Reuters Station users, click. 1568. Reuters Station users, click. 4899.
Oct 8- Chemicals maker TPC Group Inc said it received a buyout proposal from Innospec Inc, valuing the company at up to $721 million, topping an offer made by private equity firms First Reserve Corp and SK Capital Partners. Specialty chemicals company Innospec could offer $44 to $46 per share in cash, TPC said in a statement on Monday.
Oct 8- Chrysler Group LLC is recalling more than 44,000 pickup trucks in the United States because a rear-axle pinion nut could loosen and cause loss of vehicle control.
AMSTERDAM, Oct 8- Dutch bank and insurance group ING said on Monday it has agreed to sell its 33.3 percent stake in Chinese investment management firm China Merchants Fund for 98 million euros to the two other joint venture partners. It expected to make a net gain of 64 million euros.
FDA approves the DexCom G4 (TM) platinum continuous glucose monitor. *Plans to begin taking orders for g4 platinum immediately, sees to begin shipping within the next several weeks. *Source text* Further company coverage.
CAIRO, Oct 8- Egypt's foreign reserves fell by $84 million in September but held above the $15 billion seen as necessary to shore up the pound for a third straight month after foreign donors began fulfilling promises of aid.
MUMBAI, Oct 8- Indian companies directly invested $1.4 billion overseas in September, lower than $1.9 billion a month ago, data from the central bank showed on Monday.
Oct 8- Electro Rent Corp:. *Q1 earnings per share $0.21. *Q1 revenue $58.5 million versus $58.7 million.
Oct 8- Wal-Mart Stores Inc and American Express Co are teaming up to offer customers an alternative to debit and checking accounts, the companies said on Monday. The product, called Bluebird, will allow for deposits by smartphone and mobile bill paying, with no minimum balance, monthly, annual or overdraft fees.
NEW YORK, Oct 8- Cell Therapeutics Inc:.
AKTAU, Kazakhstan, Oct 8- An outspoken critic of Kazakh President Nursultan Nazarbayev was jailed for seven-and-a-half years on Monday for his part in a failed attempt to overthrow the government of the oil-producing Central Asian state.
By early afternoon in Europe, benchmark crude for November delivery was down $1.31 to $88.57 a barrel in electronic trading on the New York Mercantile Exchange. The widening spread between the Nymex and Brent contracts, now above $22, was attributed to higher U.S. output and supply risks in Europe and the Middle East.
Oct 8- LRR Energy LP:. *Raymond James raises LRR Energy LP price target to $22 from $20;. Reuters Station users, click. 1568.
Oct 8- Polycom, which competes with Cisco in videoconferencing, hopes to move ahead of the pack with its new cloud-based product in a market it says will be worth $12 billion by 2015..
*FTSE 100 index falls 0.7 percent. Analysts said the FTSE 100. The World Bank also said there was a risk the slowdown in the world's biggest metals consumer China could worsen, triggering a sharp sell-off in UK mining stocks.
By Dinesh Nair and David French. DUBAI, Oct 8- Kuwaiti telecoms operator Viva, part-owned by Saudi Telecom Co, has approached banks for a $400 million loan aimed at expanding its existing capabilities, two banking sources familiar with the matter said. Viva is Kuwait's third mobile operator, behind larger rivals Zain and Qatar Telecom unit Wataniya.