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Top News & Analysis United States

  • *Tanzania claims 50 pct of lake, Malawi all of it. LILONGWE, Oct 3- Malawi has cut off dialogue with Tanzania in a long-time territorial dispute concerning Lake Malawi, thought to sit over highly coveted oil and gas reserves. Malawi claims sovereignty over the entirety of Africa's third largest lake, while Tanzania says 50 percent is part of its territory.

  • Oct 3- Malaysia's exports probably fell further in August, hit by weaker demand in China for its electronic products and lower commodity prices, economists polled by Reuters said, leaving the country more dependent on domestic demand to support growth.

  • *First female FTSE CEO to step down at year end. *Move sparks speculation of FT Group sale. The first female chief executive of a FTSE 100 company had previously declared that the famous pink-paged FT title would only be sold "over my dead body".

  • *Germany needs to put up with higher inflation. BUDAPEST, Oct 3- The world economy will take at least 10 years to emerge from the financial crisis that began in 2008, the International Monetary Fund's Chief Economist Olivier Blanchard said in an interview published on Wednesday.

  • LONDON, Oct 3- Blackstone has set up a joint venture with mid-sized rival Anacap to hunt for private equity deals in Europe's embattled banking sector, a person familiar with the situation said. Blackstone has a long track record of investing in financial services in the United States, but has found it more difficult to find banking investments in Europe.

  • The U.S. Labor Department will release employment data for September on Friday. Britain's FTSE 100 fell 0.1 percent to 5,801.45. Germany's DAX was less than 0.1 percent lower at 7,300.12 and France's CAC-40 lost 0.3 percent to 3,404.64.

  • BRUSSELS, Oct 3- Retail sales in the euro zone barely rose in August as motorists cut back on spending on fuel during the normally busy driving months of the European summer, reflecting the weak economy as it heads into recession.

  • Oct 3- As inflation has been under control, central banks across Southeast Asia are likely to continue supporting economic growth in the face of increased global risks from the euro debt crisis and signs of slowing in the United States and China. Asia inflation graphic: Asia inflation stories Asian central banks.

  • TORONTO, Oct 3- The Canadian government and its airlines can make a range of policy changes to slow the tide of 5 million travelers a year that head to the United States for cheaper flights, a think tank report said on Wednesday.

  • PARIS, Oct 3- European stocks dipped early on Wednesday, adding to the previous session's losses, as uncertainty surrounding a potential bailout for debt-stricken Spain and further signs of a slowdown in China rattled investors. At 0840 GMT, the FTSEurofirst 300.

  • *China, Europe services PMI disappoint. LONDON, Oct 3- Crude oil prices fell on Wednesday, as weak data from Europe and China dimmed the outlook for demand, while Europe's festering debt crisis added to the gloom. Brent November crude futures had fallen 90 cents to $110.67 a barrel by 0830 GMT.

  • OSLO, Oct 3- Oil driller Seadrill plans to stay listed on the Oslo stock exchange even after moving its management out of Norway, the firm's chief financial officer said on Wednesday. "I cannot imagine any changes to that. Bermuda- registed Seadrill is listed both in Oslo and in New York.

  • NARITA, Japan-- Japan has a reputation for loving expensive things like overpriced real estate, gourmet melons and luxury brands. Ticket prices are plunging by about half, to 16,000 yen trips to the southwestern resort island of Okinawa or a 5,000 yen hop to Seoul.

  • *Bristol to return rights to Plavix, Avapro to Sanofi. *Sanofi to make $200 mln terminal payment to Bristol in 2018. *Sanofi shares down 0.8 pct By James Regan.

  • Demand for office space in Singapore in the third quarter of 2012 was supported by companies beyond the financial services sector, with most taking up Grade A office space below 20,000 square feet, said property consultant Colliers International.

  • MELBOURNE, Oct 3- Australian shares edged up to a 14- month closing high on Wednesday as banks and broader stocks were boosted by an interest rate cut and a weaker local dollar, enhancing export prospects. He noted markets were cautious after Spain said a request for European aid was not imminent.

  • VAUGHN, N.M.-- Petty crime and burglaries aren't unusual in New Mexico's isolated Guadalupe County, but lately Sheriff Michael Lucero has seen thieves steal something a bit unexpected: grass.

  • ANCHORAGE, Alaska-- The $5 bill displayed for decades on Charles Fairbanks IV's wall was long a treasured family heirloom from Alaska. The rare find is expected to fetch as much as $300,000 at auction this month when a Texas auctioneer plans to put it up for bids in Dallas and online as part of the American Numismatic Association National Money Show.

  • SINGAPORE, Oct 3- Brent crude futures slipped below $111 per barrel on Wednesday, hurt by persistent concerns over global growth and oil demand, while Europe's festering debt crisis added to uncertainty.

  • The gap between U.S. and euro zone equities is set to narrow further, as risk premium attached to the euro zone fades, economic growth in the United States risks disappointing and investors move away from extreme positioning, says BNP Paribas. S&P 500 on a six to 12 months horizon.