MOSCOW, Oct 8- Russian stocks fell on Monday, hurt by downgraded growth forecasts for Russia and Asia, while the rouble weakened on lower commodity prices. concerns that China's slowdown could worsen, while the World Bank cut its growth forecasts for the East Asia and Pacific region.
NEW YORK, Oct 8- Goldman Sachs Group Inc unit Goldman Sachs Asset Management has hired Andrew "Buddy" Donohue, a former head of the division of investment management at the U.S. Securities and Exchange Commission, as deputy general counsel, according to an internal memo obtained by Reuters on Monday.
FRANKFURT, Oct 8- Calls for quantitative easing in the euro zone are rife with problems and could break the rules banning the central bank financing governments, Bundesbank board member Andreas Dombret said on Monday. "In this context, the Bundesbank sees explicit suggestions by the IMF critically," Dombret said in a news conference.
COLUMBUS, Ohio-- Gas prices have inched up just slightly this week in Ohio. The average price for a gallon of regular gas in the state was $3.76 in Monday's survey from auto club AAA, the Oil Price Information Service and Wright Express. This time last year, the Ohio average was $3.26.
TOPEKA, Kan.-- Kansas regulators are considering whether they need new rules for providers of promotional tours to three state-owned casinos. The state Racing and Gaming Commission has scheduled a hearing Friday on the issue. The commission regulates the companies that operate casinos for the Kansas Lottery in Dodge City, Mulvane and Kansas City, Kan..
JEFFERSON CITY, Mo.-- Missouri transportation officials say ridership on Amtrak passenger trains in the state has grown by 74 percent over five years. The state transportation department says more than 192,000 passengers rode Amtrak in Missouri during the fiscal year that ended June 30. Amtrak trains make two round trips daily between Kansas City and St. Louis.
*ThinkEquity cuts Advanced Micro Devices price target to $3 from $4;. Reuters Station users, click. 1568. Reuters Station users, click. 4899.
KIEV, Oct 8- Austria's Erste Group Bank could decide by the end of the year to sell its loss-making Ukrainian unit. "Ukraine has not lived up to expectations of economic development and the group is considering the question of whether it should continue working on the Ukrainian market," Erste Bank spokeswoman Yelena Pavlovskaya said on Monday.
Oct 8- Media General Inc said it has sold its last newspaper, the Tampa Tribune, and raised its full-year revenue forecast for political advertising on its TV stations due to stronger-than-anticipated demand in key election battlegrounds.
ISTANBUL, Oct 8- Turkey's cash deficit was 7.04 billion lira in September, Treasury data showed on Monday, bringing the deficit to 16.64 billion lira in the first nine months of 2012.. The September primary deficit was 4.25 billion lira, bringing the January-September primary surplus to 19.6 billion lira, the Treasury also said on its website.
INDIANAPOLIS-- A Dow Chemical Co. business said Monday that it has bought a California seed company. Indianapolis- based Dow AgroSciences, a subsidiary of Midland, Mich.- based Dow Chemical, works on making crops more productive. Dow Chemical slipped 22 cents to $28.98, a down day for the market.
JOHANNESBURG, Oct 8- The chief executive of South African Airways has stepped down, the government said on Monday, just days after Pretoria promised to shoulder $600 million in loan guarantees for the struggling state-owned airline.
ADDIS ABABA, Ethiopia-- Two weekly newspapers that have been critical of Ethiopia's ruling party have stopped publication because of government obstruction, the papers' publishers said Monday. The group says its paper was forced off market after featuring critical articles on the legacy of Ethiopia's late leader Meles Zenawi, who died Aug. 20.
Oct 8- NBT Bancorp Inc will buy Alliance Financial Corporation in a deal valued at about $233.4 million to expand its footprint in New York. The NBT-Alliance deal is valued at $48.24 per share-- a 22 percent premium to the stock's Friday close. NBT, which had assets of $6 billion as of June 30, will get an additional $1.4 billion in assets through the deal.
By Matt Falloon and Guy Faulconbridge. BIRMINGHAM, England, Oct 8- Britain's Conservatives would slash government spending on welfare by 10 billion pounds a year if re-elected, finance minister George Osborne said on Monday, though he offered few ideas on how to bring the economy out of recession.
U.S. stocks declined after the World Bank cut growth forecasts for East Asia, highlighting concerns about the global economic climate and corporate profits on the cusp of the quarterly earnings season. **GREEN DOT CORP, $10.55, down 17.9 pct. **NETSPEND HOLDINGS INC, $10.00, down 6.98 pct.
LONDON, Oct 8- Dexion Equity Alternative Ltd:. *Alt.- recommended proposals for a voluntary winding up. *Believes it is appropriate to proceed directly with members' voluntary.