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Europe News London

  • *China to anoint new leaders, go slow on reform shift. *Fresh euro zone turmoil looms if Greece rejects austerity. The election, of course, is on Tuesday for the White House and Congress.

  • *Hermitage Plaza towers designed by UK architect Foster. PARIS, Nov 4- For Paris, a city whose priciest apartments boast mansard roofs and wrought-iron balconies, it's an audacious bet: a pair of shimmering, largely residential, luxury towers that might look more at home in Dubai or Shanghai.

  • *Combined losses could top $6 bln in Europe in 2012-13. PARIS/ DETROIT, Nov 3- Ford Motor Co, which clung to the road with a timely swerve before the 2009 crisis that bankrupted General Motors Co, may now be pulling a similar stunt in Europe.

  • NEW YORK, Nov 3- When Jeroen Aerts, a Dutchman tasked with crafting a plan to defend New York City from flooding, first looked at its coastline seven years ago, he was taken aback by how vulnerable it was.

  • *Jones Act shipping waivers to ease East Coast fuel crunch. NEW YORK, Nov 2- Crude oil and gasoline futures fell more than 2 percent on Friday after Washington issued a waiver allowing foreign tankers to bring fuel to the East Coast from U.S. ports, holding out some promise of relief from supply disruptions caused by superstorm Sandy.

  • WASHINGTON, Nov 2- Around the time of the 2008 global financial meltdown, consumer products giant Unilever decided to make a dramatic shift in strategy, away from meeting investors' quarterly expectations to a long-range plan that treads lightly on the environment and supports social goals.

  • *Cocoa rallies on Ghana supply squeeze, bucking weak trend. NEW YORK, Nov 2- Oil prices tumbled on Friday as foreign tankers were allowed to bring fuel from U.S. ports to the Northeast to ease a supply crunch after Hurricane Sandy, and metals and other key commodities fell on worries the devastation from the storm could hamper the economic recovery.

  • *Jones Act shipping waivers to ease East Coast fuel crunch. NEW YORK, Nov 2- Crude oil and gasoline futures fell more than 2 percent on Friday after Washington issued a waiver allowing foreign tankers to bring fuel to the East Coast from U.S. ports, holding out some promise of relief from supply disruptions caused by superstorm Sandy.

  • Nov 2- Alan Murray is leaving the Wall Street Journal to assume the role of president of the Pew Research Center, effective in January, the center announced on Fr iday. As part of the Washington- based Pew Charitable Trusts, the non-partisan Pew Research Center's mission is to inform the press, public and policy makers. Dow Jones and News Corp declined to comment.

  • WASHINGTON- U.S. employers stepped up hiring in October and a small increase in the jobless rate was due to more workers restarting their job hunts, a hopeful sign for a lackluster economy that has been a drag on President Barack Obama's re-election bid ( USA- ECONOMY/JOBS, moved, 900 words).

  • *U.S. grants Jones Act waivers to ease East Coast crunch. Gasoline futures weakened as oil tankers and pipelines supplying New Jersey and the New York Harbor- the delivery point for the U.S. contract- restored more operations that had been roiled by Sandy.

  • NEW YORK/ LONDON, Nov 2- Cocoa futures climbed on Friday, passing above technical support levels and bucking weakness in other commodities, as some exports were blocked and purchases in the main West African growing region were slow.

  • *U.S. grants Jones Act waivers to ease East Coast crunch. NEW YORK, Nov 2- Oil and gasoline futures fell on Friday on signs that disruptions to U.S. East Coast fuel supplies caused by super storm Sandy would ease soon, and on uncertainty about the upcoming U.S. election.

  • Pierre Henri-Flamand, the ex- Goldman Sachs trader turned founder, blamed ``unprecedented market conditions''. Greg Coffey, one of the industry's best known figures, decided to retire early and liquidate one of his funds at Moore Capital, sources said earlier this month.

  • LONDON/ FRANKFURT, Nov 2- European banks will dominate the group of lenders required to hold extra capital to protect the global financial system, despite moves to shrink their businesses in response to the region's debt crisis. Eight are from the United States, and four are from Asia.

  • LONDON, Nov 2- Gold prices fell to their lowest level since late August on Friday, sliding more than 1 percent as the dollar jumped after better-than-expected U.S. jobs data in the last major signal on the state of the economy before elections next Tuesday. Spot gold was down 1.8 percent at $1,684.36 at 1509 GMT, having earlier hit an eight-week low of $1,682.89.

  • *Global drugmakers worried by India's tough stance. MUMBAI/ LONDON, Nov 2- India dealt a fresh blow to the international pharmaceutical industry on Friday as its patents appeal board revoked a patent granted six years ago on Roche's hepatitis C drug Pegasys.

  • LONDON, Nov 2- Robusta coffee futures on Liffe eased on Friday but prices held above a six-month low set earlier this week as the focus remained on Vietnam's crop which is expected to be large but slightly below last season. January robusta coffee futures fell $5 or 0.3 percent to $1,979 a tonne at 1510 GMT.

  • LONDON, Nov 2- Overseas investors, many of whom are creditors to the highly-indebted U.S. government, reckon a re-election of President Barack Obama would be best for world markets even if U.S. counterparts say otherwise.

  • *North Sea supply expected to return, Angolan force majeure. LONDON, Nov 2- Brent oil headed for its lowest close in three months on Friday, down for a fifth day, as firm U.S. jobs data helped push the dollar higher but failed to ease fears about the outlook for global demand.