INVESTMENT

Hedge fund manager and long-time gold bull John Paulson's move to slash ETF bullion holdings by a third in the third quarter does not appear to be a sign that he is abandoning his upbeat view of the metal, industry sources and analysts said.

Bank of America Corp. learned a lesson from its abandoned debit card fee and will work to provide transparency and fair pricing to customers while producing a return for shareholders, Chief Executive Brian Moynihan said on Tuesday.

A U.S. regulator ordered JPMorgan Chase & Co to pay $3.62 million in fines and reimbursement for recommending investments linked to junk bonds to unsophisticated customers who might not have been able to take on the risks.

Tanzania's year-on-year inflation rate rose for the twelfth straight month in October on the back of higher food and fuel prices, and is expected by some analysts to keep climbing in the coming months.

Coke has enjoyed double-digit growth in India in 15 of the last 21 quarters.

A sharp slowdown in world growth would increase the risk of recession in poorer countries, whose budgets have barely recovered from the last economic slump just two years ago, the IMF said on Monday.

Uganda President Yoweri Museveni has indicated to parliament he is not likely to delay approval of Tullow Oil's long proposed partnership with Total and CNOOC further, because it would diminish his government's credibility in future negotiations.

Qatar Airways finally returned to the table to sign a $6.5-billion deal with Airbus.

Luxury fashion house Burberry has reported consistent double digit revenue growth for the first half of the year. The growth has been reported in retail, wholesale and almost all product categories of the brand.

An investment banker raised concerns about dubious accounting at Japan's disgraced Olympus Corp as long ago as the 1990s, after he discovered it was using Bermuda-based funds to invent assets and patch up its balance sheet, he told Reuters.

Canada-listed Sino-Forest Corp said an independent committee found no evidence of fraud at the Chinese timber firm following allegations from short-seller Muddy Waters it had exaggerated its assets, although the committee also said it had been unable to verify the company owned all of its forests.

Prime Minister-designate Mario Monti raced to assemble a new government for Italy on Tuesday while a sharp rise in French borrowing costs raised fears that the two-year debt crisis may spread to the euro zone's second biggest economy.

Venture capital investments in Canadian start-ups rose 51 percent in the third quarter as individual investors, pension administrators and government poured money into VC funds.

Hedge fund manager and long-time gold bull John Paulson slashed his bullion holdings by a third in the third quarter, data showed, dampening sentiment in the gold market on Tuesday.

Prime Minister-designate Mario Monti raced to assemble a new government for Italy Tuesday while a sharp rise in French borrowing costs raised fears that the two-year debt crisis may spread to the euro zone's second-biggest economy.

Olympus Corp's creditors are not expected to demand changes in loan terms or take other abrupt steps and risk hurting their own interests when they meet company executives on Wednesday to grill them about the firm's huge accounting scandal, sources and analysts said.

The top after market NYSE gainers on Monday were: Chimera Investment Corp, MagnaChip Semiconductor Corp, Beazer Homes USA, Assisted Living Concepts and Digital Realty Trust. The top after market NYSE Losers were: BPZ Resources, LDK Solar Co, InterOil Corp, Air Lease Corp and Penn Virginia Resource Partners.

MF Global Holdings Ltd may have faced a shortfall in customer funds even as far back as October 27, four days before the U.S. futures brokerage filed for bankruptcy protection, the Wall Street Journal said, citing people familiar with the situation.

Alex Denner, the top healthcare deputy for Carl Icahn, confirmed on Monday that he had resigned from the billionaire investor's firm.

Alex Denner, the top healthcare deputy for Carl Icahn, confirmed on Monday that he had resigned from the billionaire investor's firm.

An investment banker raised concerns about dubious accounting at Japan's disgraced Olympus Corp as long ago as the 1990s, after he discovered it was using Bermuda-based funds to invent assets and patch up its balance sheet, he told Reuters.