LONDON, Oct 4- Spain's economy cannot recover while doubts remain over whether the currency bloc will remain intact, Spanish Economy Minister Luis de Guindos said on Thursday.
LONDON, Oct 4- Polyus Gold International Ltd:. *As at 30 September 2012 no. of conditions to completion of the transaction. *Update on sale of kazakhaltyn mmc jsc and norox mining company limited.
*Barclays investment bank boss Ricci unveils management shake-up- memo. LONDON, Oct 4- Barclays announced a shake up at its investment bank on Thursday as the group tries to cut costs in a tough market and reduce risks to its reputation following the Libor scandal.
LONDON, Oct 4- Britain's FTSE 100 share index stalled near the top of its recent range on Thursday, supported by prospects of global central bank stimulus but struggling to break fresh ground ahead of a potentially gloomy earnings season.
LONDON, Oct 4- European shares closed fractionally lower on Thursday as a gloomy economic outlook dented sentiment, outweighing a boost to risk appetite from global monetary stimulus. became the latest victim of the European downturn on announcing it would have to cut costs and sell a business due to a decline in demand from southern Europe and Britain.
*Turkey strikes on Syria raise regional security fears. NEW YORK, Oct 4- Oil prices rose on Thursday as Turkey's retaliatory strikes on a Syria sparked additional concern about potential disruptions to Middle East oil supply, while U.S. gasoline futures rallied after a fire at a refinery in Texas.
By Claire Ruckin and Owen Sanderson. LONDON, Oct 4- Spain's Banco Santander has sold a 2.5 billion euro loan portfolio to Bank of America Merrill Lynch, banking sources said on Thursday, part of efforts by Spain's banks to plug a capital shortfall. Santander, Bank of America Merrill Lynch and Bankia declined to comment.
The price of oil is rising the most in two months after tensions rose between Syria and Turkey. Oil rose to $91.63, a jump of $3.49, or 4 percent, in morning trading on the New York Mercantile Exchange. The increase came as Turkey's military fired on targets in Syria for the second day.
LONDON-- Unilever has announced that it will consider selling its Skippy peanut butter business in the US and Canada as part of a strategic review. The company says it is also considering other options for the brand.
LONDON-- The NBA is coming back to London with a regular-season game between the Detroit Pistons and New York Knicks in January. The NBA says the Pistons and Knicks will play on Jan. 17 at the O2 Arena, the site of this year's Olympic gold-medal game.
LONDON, Oct 4- Euro zone money markets were stable on Thursday after the European Central Bank kept interest rates on hold, giving no clue when, or if, it may ease them further, although many analysts still expect such a move. However, President Mario Draghi said rate cuts had not been discussed at all this month.
LONDON, Oct 4- Kweku Adoboli, the ex-UBS. Adoboli, 32, was arrested in September 2011, and is on trial at Southwark Crown Court accused of fraud and false accounting, charges he denies. Everyone knew it was Kweku Adoboli and John Hughes doing the proprietary trading.
MADRID, Oct 4- Spain's economy minister made no direct plea for investment in the country's new "bad bank" setup during face to face meetings in London with leading funds on Thursday but updated them on Spain's progress.
*Rio cuts jobs in London, Australia. Australia's Rio Tinto- which gets some 80 percent of its profits from iron ore and is the diversified miner most exposed to fluctuations in the steelmaking ingredient- is cutting jobs in London and Melbourne, a source with knowledge of the situation told Reuters.
LONDON-- Financial markets remained subdued Thursday as investors were reluctant to stake out positions ahead of key U.S. jobs data. The monthly U.S. nonfarm payrolls report, due Friday, is the week's main event in the markets following Thursday's monthly policy meeting of the European Central Bank.
LONDON, Oct 4- Barclays announced a shake up at its investment banking business on Thursday aimed at streamlining the business in the face of a more challenging outlook for the industry.
*Unrest in Turkey- Syria raises regional security worries. LONDON, Oct 4- Brent crude oil rose almost $2 per barrel on Thursday after skirmishes along the Turkey- Syria border raised fresh concerns over the security of Middle Eastern oil supplies.
Oct 4- Fitch Ratings has assigned Russian Standard Finance S.A.' s USD350m 10.75% five and a half year subordinated issue of limited recourse loan participation notes, due 10 April 2018, a final' B-' rating and Recovery Rating of' RR6'.
LONDON, Oct 4- Retailer United Carpets Group. The company said it had appointed administrators Begbies Traynor and sold the firm to a wholly-owned subsidiary.
LONDON, Oct 4- Consumer goods group Unilever Plc/ NV is looking at a possible sale of its Skippy peanut butter business based in the United States and Canada which could, if sold, fetch around $400 million.