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JP Morgan reports $25.2bn in Q3 managed revenues - BBG
IEA cuts forecast for 2014 oil demand growth
The rich world's oil watchdog, the International Energy Agency (IEA), has cut its forecast for the increase in oil demand this year.
Kuwait follows Saudi Arabia's lead, signals no oil supply cuts ahead
Kuwait, one of the main oil producers in the Middle East, has apparently signaled that it will not go along with Venezuela's call for OPEC to cut its output to prop up falling prices when the cartel next meets in Vienna, on 27 November.
SABMiller sales slow in second quarter
Top line growth became flatter in the second quarter at SABMiller due to a decline in lager volumes and weakness in China and Australia, with results also likely to be hit by currency headwinds.
PBoC lowers 14-day repo rate to 3.4% from 3.5%
On Tuesday the People’s Bank of China, the country’s central bank, sold 20bn yuan in 14-day repurchase agreements at 3. 4%.
Indian property developer DLF banned from raising fresh funds, shares crash
Shares in Indian property developer DLF crashed 22% on Tuesday after the country’s market regulator, Sebi, banned the company and its chairman, Kushal Pal Singh, from tapping capital markets again.