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European shares set for biggest gain since January, led by miners

*Givaudan shares rise as maintains targets. LONDON, Oct 9- Top European stocks hit a one-month high on Friday and were set for their biggest weekly gain since late January on stronger mining shares and renewed hopes of interest rates staying ultra-low for longer. The Bank of England on Thursday showed no sign it was close to raising rates, while minutes of the most...
Source: Reuters | By: Atul Prakash
Hungry? China's food delivery apps bite into Yum revival

*Yum cites dud marketing, slower China growth as profit hit. *Shares sag near 20 pct after says way behind China target. Yum's shares dived this week after it said it's way behind target in a bid to recover from damaging food scandals in China, its top driver for profit and revenue.
Source: Reuters | By: Adam Jourdan
UPDATE 1-Amid commodity crisis, LPG emerges as accidental bright-spot

*Biggest growth seen in India. SINGAPORE/ DUJANA, India, Oct 9- Liquefied Petroleum Gas, long a niche product used by the poor to cook and the rich to barbecue, has become a rare bright spot amid a broad commodities rout, riding on the wave of strong economic growth in India and parts of Southeast Asia. The biggest growth market is India, with its 1.3 billion people and 8...
Source: Reuters | By: Henning Gloystein and Sankalp Phartiyal
Taiwan's Fubon 'wants to be able to swim freely in China'

Fubon has made waves as the first Taiwanese financial institution to extend its reach into mainland China, in spite of tense cross-straits relations.
Source: CNBC.com | By: Reporting by Christine Tan | Written by Aza Wee Sile
UPDATE 1-China Resources unit to sell Wal-Mart China store stakes for $525 mln

SHANGHAI, Oct 9- A unit of conglomerate China Resources Corp plans to sell minority stakes it holds in 21 Wal-Mart Stores Inc outlets around China, a spokesman for the U.S. retailer told Reuters on Friday. Wal-Mart, France's Carrefour SA and Britain's Tesco PLC have all seen sales growth slip over the last five years in China, losing market share to local rivals,...
Source: Reuters
Europe trades higher on Fed minutes; Glencore up 4%

European stocks traded higher Friday, following their global counterparts after dovish signals from the U.S. Federal Reserve.
Source: CNBC.com | By: Arjun Kharpal
Hong Kong shares post best week in six months on cautious Fed

Oct 9- Hong Kong stocks rose on Friday, capping their biggest weekly gain in six months on improving risk appetite globally as minutes from Federal Reserve's latest meeting further eroded expectations of a near-term U.S. rate hike. "The chance of a U.S. interest rate rise this year is getting slimmer," said Alex Kwok, chief analyst and head of research at China...
Source: Reuters
Pest blights India's GM cotton crop, fuelling debate over risks

MUMBAI/ NEW DELHI, Oct 9- Two Indian states are suffering the first major pest infestation since the country adopted genetically modified cotton in 2002, raising concerns over the vulnerability of the lab-grown seeds that yield nearly all of the cotton in the world's top producer. India's overall crop losses are expected to be light, because the states are not...
Source: Reuters | By: Rajendra Jadhav and Rupam Jain Nair
Asian markets perk up on US lead, China rally cools

Asian stocks marched higher on Friday, following a positive lead from Wall Street, fueled by dovish signals from the U.S. Federal Reserve minutes.
Source: CNBC.com | By: CNBC.com staff
Apple hired the Tesla engineers we fired: Elon Musk

Apple is the "Tesla graveyard" where failed employees go to work, the electric carmaker's boss has said hitting out at the iPhone maker's ambitions in the auto space.
Source: CNBC.com | By: Arjun Kharpal