UPDATE 1-Shots fired at Istanbul's Ataturk Airport, two men detained - TV

Hello Dear Viewers,

ISTANBUL Turkish authorities briefly barred cars from entering and leaving Istanbul's main Ataturk Airport on Sunday after police fired shots when a motorcycle refused an order to stop, CNN Turk said.

One of two men aboard the motorcycle was wounded and detained and the second was apprehended by police after a pursuit, the private broadcaster reported. No police or civilians were reported hurt.

In June, suicide bombers suspected of belonging to Islamic State killed 41 people and wounded some 240 others with gunfire and explosives at the airport.

The latest incident did not affect flights at Ataturk, Europe's third-busiest airport, the channel reported. Ataturk is the hub of state-run carrier Turkish Airlines.

It was not immediately clear why the police ordered the men to stop.

On Friday, a car bomb detonated in the mainly Kurdish city of Diyarbakir, killing 11 people and wounding at least 100. Officials blamed the autonomy-seeking Kurdistan Workers Party (PKK), although Islamic State claimed responsibility for the attack, according to the group's Amaq news agency.

Kurdish militants, Islamic State radicals and far leftists have all staged attacks on civilians in Turkey in recent years. Thanks.

UPDATE 2-U.S. tentatively approves Delta-Aeromexico venture

Dear Viewers,

WASHINGTON/NEW YORK Delta Air Lines Inc (DAL.N) and Aeromexico can set prices and coordinate schedules for their U.S.-Mexico flights, but they must free up certain airport slots to bolster competition, the U.S. Transportation Department tentatively ruled on Friday.

The decision paves the way for the two companies to dominate the second-busiest market for travel to or from the United States. It comes after the U.S. airline industry has consolidated, with carriers operating more efficient itineraries and having more power to raise fares on some routes.

Opponents of the tentative ruling, which lets the airlines cooperate with immunity from U.S. antitrust law, have until Nov. 30 to raise objections.

The department said the decision benefits the public because Delta and Grupo Aeromexico SAB de CV (AEROMEX.MX) can plan shorter layovers, increase flights and offer more destinations. The U.S. government has approved similar arrangements for many other airlines.

However, the department has proposed that the carriers divest 24 takeoff and landing slots in Mexico City and six at New York's John F. Kennedy International Airport to give budget airlines room to add flights.

Slot allocation in Mexico City depends "on confusing and often unwritten rules, making it extremely difficult for new entrants," the department said. "This remedy would allow for new, competitive entry at these airports that would not otherwise be possible."

In an unusual move, the department also proposed limiting Delta and Aeromexico's antitrust immunity to five years because it was unclear whether the divestitures and reforms in Mexico City would be enough to ensure low fares for travelers.

In a statement, Delta said it was reviewing the tentative decision and looked forward to implementing a cooperation agreement with Aeromexico. It is in the process of buying 49 percent of Aeromexico, similar to stakes it has taken in other airlines to influence how they operate and where they fly.

Friday's ruling "really gives Delta a huge advantage" over United Continental Holdings Inc (UAL.N) and American Airlines Group Inc (AAL.O), which will be unable to compete for Mexico flights outside their major hubs, said industry consultant Robert Mann.

Delta's shares were up nearly 3 percent at $43.03 on Friday afternoon. Aeromexico's rose nearly 5 percent.

Budget carrier JetBlue Airways Corp (JBLU.O), which had wanted the airlines to divest at least 30 slots in Mexico City, said it commended the department for ensuring greater airport access.

Aeromexico did not immediately comment.

Mexico's federal competition commission approved the airlines' joint venture in May. Thanks.

GLOBAL MARKETS-Stocks slip on U.S. election nerves; pound up on Brexit ruling

Dear Viewers,

NEW YORK Global equity prices drifted lower on Thursday as worries about the U.S. presidential election continued to weigh on investor sentiment, while sterling rose after a UK court ruled that the British government needed Parliament's approval to trigger Brexit.

Longer-dated U.S. Treasury prices slipped after the Bank of England indicated that inflation is likely to rise further, and oil prices remained weak on skepticism about OPEC's planned production limit.

MSCI's 47-country "All World" index .MIWD00000PUS fell 0.37 percent, dragged down by weakness on Wall Street.

The S&P 500 .SPX fell for an eighth straight session, its longest losing streak since the 2008 financial crisis, as Facebook shares weighed and investors grappled with uncertainty over next week's U.S. election.

Facebook (FB.O) shares fell as much as 6 percent, a day after the social media giant warned that revenue growth would slow this quarter.

"The polls have tightened and now the concern is more about what might a Trump presidency look like and the market hasn't quite priced that in," said Ernie Cecilia, chief investment officer of Bryn Mawr Trust in Bryn Mawr, Pennsylvania.

"Given the fact that the election is five days away, that's what's driving near-term behavior right now."

Investors have been unnerved in recent days by signs that the U.S. presidential race between Democrat Hillary Clinton and Republican Donald Trump was tightening just days before Tuesday's vote.

The CBOE Volatility Index .VIX, a gauge of near-term investor anxiety, rose 14 percent to its highest level since late June.

The Dow Jones industrial average .DJI fell 28.97 points, or 0.16 percent, to close at 17,930.67, the S&P 500 .SPX lost 9.28 points, or 0.44 percent, to finish at 2,088.66 and the Nasdaq Composite .IXIC dropped 47.16 points, or 0.92 percent, to end at 5,058.41.

The pan-European STOXX 600 ended flat, giving up early gains as a strengthened pound weighed on the shares of internationally exposed companies, including Diageo (DGE.L).

Sterling surged to a four-week high after the UK court ruling soothed concerns about Brexit and the Bank of England scrapped plans to cut interest rates. It climbed as much as 1.5 percent to hit $1.2494 GBP=D4, its strongest since Oct. 7.

Meanwhile, the U.S. dollar hovered near multi-week lows against a basket of major currencies, ending a morning reprieve in which the greenback stabilized, on uncertainty surrounding the outcome of the U.S. presidential election. The dollar index .DXY was down 0.25 percent to 97.156.

"We're now seeing markets price in a higher risk of a Trump presidency," said Omer Esiner, chief market analyst at Commonwealth Foreign Exchange in Washington. "Most polls are still showing that it’s far too close to call, and that's ultimately what is keeping investors nervous."

In bond markets, longer-dated U.S. Treasury prices fell after the Bank of England indicated that inflation is likely to rise further, while uncertainty over the U.S. election propped up shorter-dated debt.

The BoE ramped up its forecasts for growth and predicted that inflation would jump to 2.7 percent this time next year, nearly triple its current level. [nL8N1D45PY]

Benchmark 10-year notes US10YT=RR ended down 5/32 in price to yield 1.82 percent, up from 1.80 percent late on Wednesday.

Oil prices extended their recent slide as investors reacted to a record weekly surge in U.S. crude inventories and remained skeptical about whether the Organization of the Petroleum Exporting Countries can actually implement its planned output cap.

Brent crude LCOc1 settled down 51 cents, or 1.09 percent, at $46.35 a barrel, and U.S. crude CLc1 settled down 68 cents, or 1.50 percent, at $44.66.

Gold edged higher in response to the lower dollar and uncertainty about the outcome of the U.S. presidential race.

Spot gold prices XAU= were up 0.49 percent to $1,303.26.  Thanks.

UPDATE 1-Brazil sheds more jobs than expected in September

Dear Viewers,

BRASILIA Oct 26 Job cuts in Brazil increased unexpectedly in September, according to government data, in another sign that the country's two-year-long recession took a turn for the worse.

Brazil shed a net 39,282 payroll jobs in September, the Labor Ministry said on Wednesday, compared with 33,953 job cuts in August and 95,602 in September 2015.

Economists expected payroll jobs to decrease by 16,000 in September, according to the median forecast in a Reuters poll.

Brazil's economy is expected to shrink more than 3 percent for a second straight year in 2016. With 12 million workers officially considered unemployed, the economy shed 1.6 million jobs over the past 12 months.

In September, the Labor Ministry recorded a net 27,591 job cuts at construction companies and 15,144 job losses at services firms. Manufacturers and retailers reported job gains, but hired only 9,363 and 3,940 workers in the month, respectively.

MEXICO CITY, Oct 26 Mexican factory exports posted their biggest monthly rise in more than seven years in September, powered by increased demand for autos, data from the national statistics agency showed on Wednesday. Adjusted for seasonal swings, factory exports jumped by 7.4 percent in September from August after a decline of 3.5 percent the previous month. The increase was the biggest since August 2009. Exports in the auto industry were up by 7.8
 
SAO PAULO/BRASILIA, Oct 26 The share of loans delinquent for at least 90 days in Brazil was unchanged at a record high in September, a signal that efforts by commercial banks to refinance looming debt maturities are yet to help ease the country's worst credit crunch in two decades. Thanks.