Wires

  • --Netherlands- based group Heineken N.V. announced on Sept. 28, 2012, that shareholders of its joint-venture partner Fraser& Neave had approved Heineken's offer to acquire Fraser& Neave's interests in Asia Pacific Breweries Ltd.

  • Oct 02- Overview-- Japan-based eAccess and Softbank announced yesterday they will merge via a stock swap. --We are placing our' BB+' corporate credit and' BB' issue ratings on eAccess on CreditWatch with positive implications.

  • Oct 02-=============================================================================== Ratings-- RISICOM Rueckversicherung AG--------------------------- 02- Oct-2012=============================================================================== CREDIT RATING: Country: Germany Local currency A+/ Positive/-- Primary SIC: Fire, marine, and casualty insurance=============================================================================== Credit Rating History: Local currency Foreign currency 02- Oct-2012 A+/----/--=============================================================================== Issues: Rating Rating Date Finl Strength Rtg A+/ Positive 02- Oct-2012.

  • The health of the euro zone economy, as signalled by Purchasing Managers' Index data, is consistent with a steep slump in equity markets before the year end, Deutsche Bank analysts write in a note. If the index remains around that level for the rest of the year, euro zone equity markets should fall by 22 percent, Deutsche's model shows.

  • BRUSSELS, Oct 2- Euro zone factory prices jumped unexpectedly in August and by the biggest margin since January as rising oil prices increased inflation pressures across the bloc, limiting the European Central Bank's ability to cut interest rates again to support the shrinking economy.

  • *Shares rise in biggest German IPO since 2010* Talanx IPO eyed in run-up to British Direct Line IPO* Talanx CEO says no big takeovers planned in next 2 years.

  • BRUSSELS, Oct 2- Euro zone factory prices jumped unexpectedly in August and by the biggest margin since January as rising oil prices increased inflation pressures across the bloc, limiting the European Central Bank's ability to cut interest rates again to support the shrinking economy.

  • Oct 02-=============================================================================== Ratings-- eAccess Ltd.------------------------------------------- 02- Oct-2012=============================================================================== CREDIT RATING: BB+/ Watch Pos/-- Country: Japan Primary SIC: Communications services, nec Mult.

  • *Talanx CEO says no big takeovers planned in next 2 years. FRANKFURT, Oct 2- Shares in Talanx, Germany's third-biggest insurer, opened higher in their Frankfurt stock market debut on Tuesday, vindicating the company's decision to go ahead with the share sale after hesitating last month over the state of Europe's fragile IPO market.

  • ISTANBUL, Oct 2- Turkey will issue a lira-denominated sukuk worth up to 1.62 billion lira on Wednesday, the treasury said, the government's second issue of an Islamic bond as it diversifies its sources of financing.

  • --We think French chemicals producer SPCM S.A.' s quarterly EBITDA could stay close to its strong first-half 2012 level given its positioning on defensive and growing end-markets, and its limited exposure to Europe.

  • ISTANBUL, Oct 2- The Turkish lira was slightly weaker and bond yields were steady on Tuesday as investors geared up for data expected to show local inflation spiked last month due to higher global energy prices. By 0753 GMT, the lira stood at 1.7925 against the dollar, slightly weaker than 1.7911 late on Monday. The yield on Turkey's two-year benchmark bond.

  • BERLIN, Oct 2- Germany's economy will grow 0.9 percent this year and 1.6 percent next year, the DIW economic research institute said on Tuesday, reducing its forecasts as a weaker global outlook and the euro zone's debt crisis weigh on the region's powerhouse.

  • PARIS, Oct 2- European stocks turned positive on Tuesday morning, led by rallying Spanish shares, on mounting expectation of an imminent bailout request from the debt-stricken country which would ease worries of contagion of the euro zone debt crisis.

  • JOHANNESBURG, Oct 2- South Africa's total new vehicle sales increased by 1.4 percent year-on-year to 55,097 units in September, the National Association of Automobile Manufacturers said on Tuesday.

  • Britain's Daily Mail cites speculation linking ITV to a wide-ranging group of potential suitors, ranging from private equity firms to other rival media companies. ITV is up 1.4 percent at 91.20 pence in early morning trade- close to a 52- week high of 92.25 pence and outperforming a flat FTSE 100.

  • LONDON, Oct 2- Qatar Airways will become the first Gulf carrier to join the oneworld alliance of airlines with an agreement due to be announced early next week, according to sources close to the alliance.

  • The BoE's ratings reflect its central role in the UK and international financial system. They remain underpinned by support from the' AAA'-rated UK sovereign. The near certainty of sovereign support for the BoE derives primarily from its national strategic importance, as well as its ownership by the UK Treasury.

  • STOCKS NEWS Reuters Results diary Stocks on the move Real-time Equity News 0856 GMT 02 Oct12- S.Africa' s Datacentrix falls, H1 profit down----------------------------------------------------------------. Shares in Datacentrix Holdings Ltd fall more than 4 percent as the South African information technology firm sufferers a 26 percent decline in first-half profit.

  • JOHANNESBURG, Oct 2- South Africa's total new vehicle sales rose just 1.4 percent year-on-year in September to 55,097 units, the National Association of Automobile Manufacturers said on Tuesday. Export sales rose 2.7 percent compared to September last year.