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News

02 Oct UK construction activity falls for first time in 13 months

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02 Oct South Africa’s audit regulator says KPMG to cooperate with probe

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CAPE TOWN, Oct 3 (Reuters) - Global auditor KPMG has given its commitment to cooperate with a South African investigation into work done for business friends of President Jacob Zuma, the nation's audit regulator's chief executive told lawmakers on Tuesday.

02 Oct UPDATE 1-Uber boss to meet London transport chief in bid to keep licence

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* Uber also juggling dispute over influence of co-founder (Adds detail of Uber board meeting)

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02 Oct BoE policymakers concerned over market reliance on Libor benchmark

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02 Oct UPDATE 1-Azerbaijan’s oil output rises in September

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BAKU, Oct 3 (Reuters) - Azerbaijan's oil output totalled 785,700 barrels per day (bpd) in September, up from 734,800 bpd in August but still within a limit agreed under an OPEC deal.

02 Oct HK stocks surge as China reserve cut boosts banks; casinos up

Posted at 08:32h in News by KMFSLLP 0 Comments

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HONG KONG, Oct 3 (Reuters) - Hong Kong stocks jumped on Tuesday, led by mainland banks after China's central bank cut reserve ratios and as materials shares found support from economic data out of Beijing that showed stronger-than-expected factory activity.

02 Oct GLOBAL MARKETS-Shares score latest record high, dollar flexes muscle

Posted at 08:26h in News by KMFSLLP 0 Comments

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LONDON, Oct 3 (Reuters) - World shares hit their latest in a run of record highs on Tuesday, while the dollar was at it loftiest in 1-1/2 months as encouraging U.S. data lifted it in tandem with global bond yields.

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02 Oct UPDATE 1-India’s SBI Life in modest debut after rich valuations for IPO

Posted at 08:19h in News by KMFSLLP 0 Comments

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* Investors bet on long-term potential but valuations limit gains

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02 Oct South African regulator to fast-track KPMG investigation

Posted at 08:09h in News by KMFSLLP 0 Comments

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CAPE TOWN, Oct 3 (Reuters) - South Africa's audit regulator will fast-track an investigation into global auditor KPMG over work done for business friends of President Jacob Zuma, the regulator's chief executive told lawmakers on Tuesday.