New York headlines

* Nissan warns of slowing China expansion

* BP raises dividend after Russian deal

* South Africa reaches ‘tipping point’

* US seeks Algeria help in Mali

* Romney ad on Chrysler jobs to China attacked

* Terra of Mauritius seeks $200m sugar expansion in Africa

* Yingluck reshuffles Thai cabinet

* Syria violence marks end of failed truce

* Markets: mixed

Nissan warns of slowing China expansion
Carlos Ghosn, chief executive of Nissan, has warned that a protracted breakdown in relations between Japan and China could slow his company’s aggressive expansion into the Chinese car market, which Nissan has come to rely on for one-quarter of its sales, the FT reports.
http://www.ft.com/intl/cms/s/0/2ae224f0-2246-11e2-9ffd-00144feabdc0.html

BP raises dividend after Russian deal
BP increased its dividend on Tuesday, days after clinching a $27bn deal to sell its 50 per cent stake in its Russian joint venture TNK-BP to the Russian state champion Rosneft, the FT reports.
http://www.ft.com/intl/cms/s/0/bcd11712-2265-11e2-b606-00144feabdc0.html

South Africa reaches ‘tipping point’
South Africa is at a “tipping point” and the power of the African National Congress will decline amid public “despondency” if the ruling party fails to renew itself according to Kgalema Motlanthe, the country’s deputy president, the FT reports.
http://www.ft.com/intl/cms/s/0/1289ac06-211b-11e2-9720-00144feabdc0.html

US seeks Algeria help in Mali
Secretary of State Hillary Clinton pressed Algeria’s leaders on Monday to support a broader Africa-led military intervention into northern Mali, where US intelligence agencies fear al Qaeda and other Islamist extremists are establishing an independent operating area to target American and European interests, the WSJ reports.
http://online.wsj.com/article/SB10001424052970204840504578086640858688684.html

Romney ad on Chrysler jobs to China attacked
A television advertisement by Mitt Romney’s campaign that suggests the US carmaker Chrysler is shipping jobs to China has become the latest focal point in the fierce battle for Ohio in the presidential campaign, the FT reports.
http://www.ft.com/intl/cms/s/0/e408c3ce-21f3-11e2-9cb4-00144feabdc0.html

Terra of Mauritius seeks $200m sugar expansion in Africa
Terra Mauricia, a Mauritian investment company, plans to build or buy a third sugar factory in Africa at a cost of about $200m as growth in its domestic market peaks, Bloomberg reports.

Yingluck reshuffles Thai cabinet
Thai Prime Minister Yingluck Shinawatra has consolidated her position with a sweeping cabinet reshuffle nearly 16 months after she was sworn into office, the FT reports.
http://www.ft.com/intl/cms/s/0/17bf8064-2158-11e2-9720-00144feabdc0.html

Syria violence marks end of failed truce
International efforts to impose a brief truce in Syria have failed, the UN chief admitted on Monday, as a new wave of violence underscored the crisis facing the country’s people as winter starts to take hold, the FT reports.
http://www.ft.com/intl/cms/s/0/4d84c4c4-21d6-11e2-9cb4-00144feabdc0.html

Emerging Markets
MSCI Emerging Market Index up +0.22% at 992.40

Europe
FTSE down +0.84% at 5,844
RTS down -0.26% at 1,431
Warsaw Wig up +0.13% at 43,234
FTSE 300 Eurotop up +0.85% at 1,103

Americas
DJIA up +0.03% at 13,107
S&P 500 down -0.07% at 1,412
Bovespa down -0.17% at 57,177

Asia
Nikkei 225 down -0.98% at 8,842
Topix down -0.92% at 733.46
Hang Seng down -0.38% at 21,429
Shanghai Composite up +0.17% at 2,062
MSCI Asia ex-Japan up +0.22% at 439.19
S&P CNX Nifty Index down -1.19% at 5,598

Currencies
€/$ 1.30 (1.29)
$/¥ 79.42 (79.77)

Commodities
Brent Crude (ICE) up +0.60 at 110.04
Light Crude (Nymex) up +0.44 at 85.98
100 Oz Gold (Comex) up +5.80 at 1,714