| * Urals Energy receives cash approach * Iran draws red line ahead of nuclear talks * Gulf oil production hits record * India temple stampede kills at least 89 * Croatia food group eyes London listing * Chaebol failures spark rise in bad loans * Osborne backs China nuclear plans in UK * Emerging economies under fire at IMF * Polish Church hit by sex abuse scandal * Turkey frustrates foreign retailers * Car sales: all roads lead to China * Foxconn admits student labour violations * Pakistan plagued by politics and power cuts * Netanyahu warns UK on Iran ties * Hedge funds profit from Greek opportunity * US suspends part of military aid to Egypt * US agrees nuclear power deal with Vietnam * China is the biggest danger to EM rally * Markets: calm Urals Energy receives cash approach Bid for Aim-quoted Russian oil explorer is two-thirds higher than latest closing price and comes amid dissident shareholders' push for board changes http://on.ft.com/19yFWYF Iran draws red line ahead of nuclear talks More positively, Iran says it is prepared to negotiate over 'the form, amount, and various levels of [uranium] enrichment' within its atomic programme http://on.ft.com/19yFXvV Gulf oil production hits record Quartet of kingdoms has expanded share of world market as political and social factors have reduced production from a number other members http://on.ft.com/19yFXM8 India temple stampede kills at least 89 Bridge collapses near remote holy site in central state of Madhya Pradesh, sparking panic among devotees gathered to celebrate Dussehra festival http://on.ft.com/19yFXMe Croatia food group eyes London listing Agrokor, which in June snapped up Slovenian retailer Mercator, looks to use the cash raised to make acquisitions in Turkey or Russia http://on.ft.com/19yFXMg Chaebol failures spark rise in bad loans Wave of bankruptcies among South Korea's second-tier conglomerates prompts authorities to look at revising rules to allow more creditor supervision http://on.ft.com/19yFXMj Emerging Markets MSCI Emerging Market Index down -0.07% at 1,023 Americas DJIA up +0.73% at 15,237 S&P 500 up +0.63% at 1,703 Bovespa up +0.29% at 53,150 Asia Nikkei 225 up +1.48% at 14,405 Topix up +1.63% at 1,197 Hang Seng up +1.16% at 23,218 Shanghai Composite up +0.46% at 2,238 MSCI Asia ex-Japan down -0.16% at 551.10 CNX Nifty up +0.11% at 6,103 Currencies €/$ 1.36 (1.35) $/¥ 98.30 (98.56) Commodities Brent Crude (ICE) down -0.08 at 111.20 Light Crude (Nymex) down -0.18 at 101.84 100 Oz Gold (Comex) up +5.90 at 1,274 |