Ata Safdar, head of Reckitt Benckiser in South Korea and Japan, bowed several times in apology. South Korea said last year that 92 people were believed to have died from causes related to the humidifier products- not all of them made by Oxy Reckitt Benckiser, the former name of the group's South Korean arm. South Korea says 530 people registered claims of lung... » Read More
Oct 03- Newcastle Coal Infrastructure Group Pty Ltd. *Moody's has assigned a Baa3 rating with a stable outlook to the proposed US $250 million of senior secured notes to be issued by Newcastle Coal Infrastructure Group Pty Ltd.
BEIJING, Oct 3- China quietly deferred a request by North Korea for its young leader to visit last month because the Chinese leadership was preoccupied with its once-in-a-decade leadership change and a host of other distractions, two independent sources said.
Oct 3- Paramount Resources Ltd:. *RBC raises Paramount Resources Ltd price target to C $35 from C $33;. Reuters Station users, click. 1568.
LONDON-- Markets were subdued Wednesday as investors awaited a run of U.S. economic figures and after Spain's prime minister indicated his cash-strapped country would not request a bailout imminently.
Oct 3- RMP Energy Inc:. *RBC raises RMP Energy Inc price target to C $2.75 from C $2.50; rating. Reuters Station users, click. 1568.
*Janney raises DineEquity Inc to buy from neutral. Reuters Station users, click. 1568. Reuters Station users, click. 4899.
*RBC cuts Mosaic Co target price to $64 from $70; rating sector perform. Reuters Station users, click. 1568. Reuters Station users, click. 4899.
LONDON, Oct 3- France's Areva has dropped out of the race to buy British nuclear new-build project Horizon, a source familiar with the deal said, three months after announcing it was bidding for it with China Guangdong Nuclear Power Holding.
MUMBAI, Oct 3- Indian shares gained on Wednesday for a third consecutive session after infrastructure companies extended gains on hopes for additional support measures for the sector, while insurance-related stocks also gained on optimism for government action. IVRCL Ltd gained 4.43 percent, while NCC Ltd.
*Raymond James cuts Norbord Inc to market perform from outperform. Reuters Station users, click. 1568. Reuters Station users, click. 4899.
MILAN, Oct 3- The European Commission said on Wednesday interruptibility contracts in Sardinia and Sicily allowing companies to pay less for their electricity do not constitute state aid. In a statement, the Commission said it had authorised an extension for the use of such contracts until 2015..
JOHANNESBURG, Oct 3- Richard Brasher, the former UK head of Tesco, has been appointed chief executive of South Africa's No.2 grocer Pick n Pay as the retailer looks for ways to regain domestic market share and fend off encroachment from U.S. giant Wal-Mart.
TEHRAN, Iran-- Tehran's main bazaar has been closed as authorities tighten controls trying to halt the fall of Iran's currency after it hit a record low. The semiofficial Mehr news agency says the bazaar _ the traditional commercial hub in Iran's capital _ was closed for security reasons on Wednesday.
*Iceland c.bank keeps rates unchanged. STOCKHOLM, Oct 3- Iceland's central bank kept interest rates unchanged at 5.75 percent on Wednesday and said it expected to have to tighten policy in the near future as its economy recovers.
Oct 03- Fitch Ratings has assigned Great Places Housing Group Limited's proposed GBP200m secured bonds an expected Long-term local currency rating of' AA-'.
*British Columbia Premier Christy Clark has issued a veiled threat to withhold electricity needed to operate controversial oil sands pipelines if the projects do not meet her demands.
BRUSSELS, Oct 3- EU competition regulators cleared on Wednesday public loans granted to German carrier Lufthansa and Munich Airport to build a second terminal, saying the companies paid market rates for the loans. The European Commission opened an investigation into the matter four years ago following a complaint from Irish low-cost airline Ryanair.
The clashes broke out two days after Kyrgyzstan's Prime Minister Zhantoro Satybaldiyev travelled to the Kumtor gold mine operated by Canada's Centerra Gold Inc and gave assurances the venture would not be nationalised. "Bureaucrats in the government promised that they would take Kumtor back and it would work for the good of the people...
*Poland seen cutting rates as slowdown deepens. PRAGUE, Oct 3- The zloty led losses in central European currencies on Wednesday, while Polish bonds were a tad stronger ahead of a central bank decision, which is expected to make the third cut in interest rates in the region in a week. By 0909 GMT, the zloty.
*Tanzania claims 50 pct of lake, Malawi all of it. LILONGWE, Oct 3- Malawi has cut off dialogue with Tanzania in a long-time territorial dispute concerning Lake Malawi, thought to sit over highly coveted oil and gas reserves. Malawi claims sovereignty over the entirety of Africa's third largest lake, while Tanzania says 50 percent is part of its territory.