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U.S. markets news

Oil extends gains, set for biggest weekly rise since 2009
LONDON Oil extended gains on Friday and was set for its biggest weekly rise in over six years, after U.S. Federal Reserve minutes suggested there was no hurry to raise interest rates and an influential forecaster predicted a price rally.
Oil Prices Continue to Rally Driven by Weakening Dollar, Syria Tensions  Wall Street Journal
Oil Set for Biggest Weekly Gain Since August After Reaching $50  Bloomberg
Fox Business  
METALS-Zinc soars 10 pct, fuelling metals surge after Glencore cuts output
... * Glencore to cut 500,000 tonnes of annual zinc production. * Markets relieved that Fed seen hold off raising rates (Recasts, adds comment/detail, updates prices, changes dateline).
Glencore Cutting Back Zinc Metal Production  ABC News
Commodities Have Best Week Since '12 as Glencore Almost Doubles  Bloomberg
Canadian Oil Sands Sets New Rights Plan After Suncor Bid
Canadian Oil Sands Ltd said it has put in place a shareholder rights plan following Suncor Energy Inc.'s unsolicited offer to buy all of its outstanding shares.
Canadian Oil Sands responds to hostile Suncor bid  CTV News
Why Canadian Oil Sands Ltd. Just Soared 50%  The Motley Fool Canada
SABMiller Meets With Investors Amid Takeover Bid
LONDON - SABMiller is meeting with investors to underscore its strength as an independent company, as the world's second-biggest brewer seeks to head off a takeover by larger rival Anheuser-Busch InBev.
CompaniesSABMiller defends strategy in charm offensive  Financial Times
SABMiller Raises Cost-Savings Target  Wall Street Journal
Why US Federal Reserve postponed its move to raise interest rates
By Patricia Cohen Worries that inflation would continue to lag because of weaker economic growth abroad, particularly in China, helped nudge members of the Federal Reserve to postpone dialing back on their stimulus campaign last month, according to the ...
Asia sees bounce from Fed minutes  USA TODAY
World stock markets extend gains on expectations Fed won't raise ...  The Province
Amazon launches handicraft store
Amazon is entering the handicraft market with the launch of a new online store for handmade goods. Handmade at Amazon is currently invitation-only, with an initial 5,000 sellers on the site.
Five things you should know before you start your workday on Oct. 9  Financial Post
Amazon takes on Etsy with 'Handmade' storefront for artisan goods  Digital Trends
UK government to convert RBS shares
The UK government has decided to convert part of its stake in Royal Bank of Scotland from non-voting B shares into ordinary shares to make them easier to sell, part of its push to privatise the state-backed banks.
Lloyds Banking Group PLC's Neutral Rating Reaffirmed at Citigroup Inc ...  Dakota Financial News
Government sells another 1% stake in Lloyds Banking Group
Partners: EMC Talks Show Michael Dell Is On A Mission To Storm The Enterprise
A bid to acquire EMC would be just one more sign of how determined Dell founder and CEO Michael Dell is to transform the onetime PC maker into an enterprise computing superpower, solution providers said.
Dell's big merger ambitions headed for debt-market reality check  Times of Oman
Mass. could lose jobs if Dell buys Hopkinton's EMC  Boston Herald
China's Massive 'Golden Week' Traffic Jam
This aerial footage captured by a drone shows a 50-lane traffic jam on a Beijing highway as people returned from the Golden Week holiday.
Where is the worst traffic in the world?
This 50-lane chock-a-block in Beijing will make your eyes pop out  India Today
Analysts love the Netflix price hike
Promotional images of Netflix Inc. programs are displayed on a wall at the Netflix Japan office in Tokyo. Shares of Netflix Thursday closed 12 percent higher from the day's low on after the company raised the price of its most popular plan by $1 to $9 ...
Netflix price increase: Firm raising US price for most popular video plan by $1  Financial Express
Netflix price rise: subscription cost hiked for users in the US, Canada and ...  The Independent