LONDON, Oct 5- The fall in the Iranian rial over the past year is the result of Tehran's economic mismanagement and sanctions imposed over its disputed nuclear programme, U.S.
LONDON, Oct 5- The booming business of transporting Bakken crude has thrown a lifeline to U.S. railroads, at a time when shipments of coal, their main commodity by volume, have fallen sharply. Coal accounted for just over 43 percent of rail car loadings by weight, and 25 percent of gross revenues, last year according to the Association of American Railroads.
LONDON, Oct 5- Britain faces a battle to keep the lights on in the next three to four years, its power regulator said on Friday, due to the closure of coal and oil-fired plants to cut carbon emissions. This leave would leave the country little leeway if any plants were to suffer unplanned outages or if supply of power imports from Europe were disrupted.
*Neil Bruce, chief operating officer, will leave the business and step down.
*Turkey- Syria violence stokes supply concern. LONDON, Oct 5- Oil steadied above $112 per barrel on Friday after figures showed fewer people out of work in the United States, the world's biggest oil consumer. Brent futures was up a cent at $112.59 by 1242 GMT, having fallen over $1 a barrel in earlier trade to $111.48.
Oct 05- Standard& Poor's Ratings Services today withdrew its ABOVE AVERAGE rankings on Morgan Stanley Mortgage Servicing Ltd. as a primary and special servicer of commercial mortgage loans in the U.K., and as a primary servicer of commercial mortgage loans in Germany. The withdrawal of the rankings was made at MSMS' request.
*Europe Q3 cocoa grind seen falling by up to 20 pct. LONDON, Oct 5- Europe's economic crisis is nibbling away at demand for chocolate, the affordable treat once thought of as recession proof. Times are tough enough now that even the market for this modest luxury is struggling in Europe, analysts say.
Pick n Pay, which named former UK head of Tesco, Richard Brasher, as its new chief executive this week, is down 6.16 percent at 43.99 rand. Shares of Anglo American and other resource companies lead the gainers on the benchmark index as investors chase bargains in a sector battered in recent days by a wave of wildcat strikes.
*France, Britain said to support deal, Germany seeks stake. BERLIN/ PARIS, Oct 5- EADS and BAE Systems have edged closer towards winning political backing for a $45 billion merger to create the world's biggest arms group amid positive signals from Britain and France, but German misgivings over control is a big obstacle, sources close to the talks said.
LONDON, Oct 5- German debt prices fell and equities rose on Friday after the closely-followed U.S. non-farm payrolls report showed a below-expectation unemployment rate and contained upward revisions, pointing to a stronger labour market.
SINGAPORE, Oct 5- The Asian naphtha price recovered on Friday and ended the week at a three-session high of $963 a tonne. Kuwait Petroleum Corp has sealed its December 2012 to November 2013 full-range naphtha contract for with at least one buyer at record premiums of $27 a tonne to Middle East quotes on a free-on-board basis.
LONDON, Oct 5- Shanta Gold Ltd:. *Announce it has agreed $4 mln unsecured, short term loan facility with. *In discussions with additional providers of working capital financing.
LONDON, Oct 5- Shaft Sinkers Holdings PLC:. *Sinker- notes that eurochem has filed a claim against Shaft Sinkers Ltd in. relation to co's project with eurochem.
LONDON, Oct 5- Kedco PLC:. *Resolutions providing necessary authorities for co to execute the. restructuring, fundraising and acquisition passed.
*Turkey- Syria violence stokes supply concern. LONDON, Oct 5- Oil slid to around $112 per barrel on Friday as investors awaited data that is expected to show U.S. unemployment is on the rise, reinforcing concern that a fragile global economic recovery is still under threat. Brent futures fell more than $1 a barrel and by 1156 GMT were trading at $112.10, down 48 cents.
*Technip rises 2.5 pct after Mexico contract win. LONDON, Oct 5- European shares rose in thin trade on Friday as investors bought into recent dips, with F rench oil services firm Technip.
LONDON, Oct 5- C A Sperati Special Agency P L C:. *Sperati- all resolutions put to shareholders, as requisitioned by. messrs. oliver fattal and baron bloom, failed.
LONDON, Oct 5- European equity markets extended gains in mid-session trade on Friday, with investors squaring positions ahead of a key U.S. jobs report later in the session, where risks are seen skewed to the upside.
HONG KONG, Oct 5- Segantii Capital has hired Ambrose Meau, former head of trading at hedge fund Isometric Investment, part of a hiring spree by the Hong Kong- based fund. Segantii's Chief Executive Officer Kurt Ersoy confirmed the appointment of Meau, who also previously worked at another fund Deephaven Asia.
LONDON, Oct 5- Iraqi Kurdistan's leading oil producer, Genel Energy, said on Friday it may halt exports after receiving no payment three days after Baghdad insisted a transfer of funds to the semi-autonomous region had begun.