TOKYO— Japanese industrial output rose 1.4 percent in October from the month before, below forecasts and a decrease from the year before. Government data released Monday also showed retail spending fell in October from a year earlier. The slowdown in China has reverberated in Japan, the world's third-largest economy, which fell back into recession during the...» Read More
New Mexico- based Sunland Inc. has expanded its recall of peanut butter and almond butter to include cashew butters, tahini and blanched and roasted peanut products.
LONDON, Oct 1- Some of the world's biggest oil firms including Exxon Mobil and Shell are keen to play a part in developing Mozambique's huge gas fields, an executive from the country's national oil company said on Monday. "We are starting to see Shell in Mozambique, yes, not only Shell, all companies, even Exxon Mobil, Chevron.
MILAN, Oct 1- Italian energy group Edison said on Monday it had won a dispute with Eni to review the price of its long-term gas contract from Libya, its second gas arbitration victory in less than a month. In September Edison, which is owned by France's EDF, won in arbitration a 450 million euro discount on its liquefied natural gas supplies from Qatar's Rasgas.
Oct 1- Richmont Mines Inc:. *Dundee cuts Richmont Mines Inc target price to C $7.40 from C $8;. Reuters Station users, click. 1568.
Oct 1- Ridgeline Energy Services Inc:. *To acquire assets of Piedmont Technical Services inc. *Consideration to be paid to ptec for assets will be $1.6 million in cash and.
CAIRO, Oct 1- Egypt's negotiations for a $4.8 billion loan from the IMF have been delayed to give the government more time to draw up its economic reform programme, the two sides said on Monday. Egypt was due to receive a team from the International Monetary Fund at the end of September to discuss the terms of the loan.
*Sells 20 stores to Sports Direct. LONDON, Oct 1- Debt-laden British retailer JJB Sports Plc on Monday said it had agreed to sell 20 stores to rival Sports Direct for almost 24 million pounds, although 2,200 staff at its remaining shops would be made redundant.
LONDON, Oct 1- The downturn of the world's manufacturing sector eased slightly in Septmeber as output and new orders declined at a slower pace, a business survey showed on Monday.
MOSCOW-- A Russian official says Facebook head Mark Zuckerberg is being encouraged to expand its operation in Russia. Russia's communications minister tweeted that Prime Minister Dmitry Medvedev persuaded the social media giant's founder Monday to abandon plans to lure away Russian programmers and instead open a research center in Moscow.
MADRID-- Europe's commissioner for monetary affairs, Olli Rehn, said Monday that Spain had as not yet asked for a bailout package and added that he was confident the recession-strapped country would meet its stated deficit reduction goals.
*Platinum firm; unrest in South Africa continues By Amanda Cooper. Spot gold was up 0.9 percent on the day at $1,785.80 an ounce at 1445 GMT, having fallen earlier by as much as 0.4 percent to a low of $1,762.94, before a flurry of fund-related buying saw nearly 4.0 million ounces change hands on the futures market in a matter of moments, traders said.
The fund is managed by Jupiter Asset Management Ltd.. Jupiter India Select SICAV is a long-only Indian equities fund with USD140m of assets as of end-August 2012. The highly accountable lead portfolio manager, Avinash Vazirani, benefits from significant leeway in portfolio construction, in line with Jupiter's investment culture.
NEW YORK-- Business is looking a little brighter at smaller companies. A survey released Monday shows that they borrowed more money during August _ a sign that business owners are becoming more confident about the economy.
TORONTO, Oct 1- Canada's main stock index hit its highest level in more than a week on Monday, starting the new quarter on positive ground as U.S. economic data surprised to the upside and investors bet on continued support from central banks.
BURLINGTON, Vt.-- The mayor of Vermont's largest city says a $1 million grant will help the Burlington Electric Department provide financing to customers for energy efficiency projects.
INDIANAPOLIS-- Federal Reserve Chairman Ben Bernanke is visiting Indianapolis to speak before the Economic Club of Indiana. A crowd of about 2,000 people is expected at Monday's luncheon at the Indiana Convention Center for Bernanke's speech, which is being watched as it comes in the midst of the presidential campaign.
CONCORD, N.H.-- The average price of gas in New Hampshire has gone up a penny a gallon in the last week, averaging $3.86. The national price, meanwhile, has fallen 2.4 cents per gallon to $3.79. The website Newhampshiregasprices.com says prices in the state were 39.2 cents per gallon higher than the same day a year ago and 11.4 cents per gallon higher than a month ago.
AUGUSTA, Maine-- After a big drop last week, gas prices in Maine are back on the rise. Price-monitoring website MaineGasPrices.com reports Monday that the average retail price of gasoline in Maine has risen just over a penny in the past week to an average of $3.95.
*Moody's rates CenturyLink new notes baa3.
COLUMBUS, Ohio-- Ohio motorists will see gas prices holding steady as they begin a new work week. A month ago, the average gas price in Ohio was $3.89. This time last year, the Ohio average was $3.22.