Auto Industry, Energy, Transportation: Factors To Watch on October 11 image

Here are news stories, press reports and events to watch which may affect the auto industry, transportation and energy markets on Thursday.

WORLD OIL PRICES
Brent crude climbed toward $115 a barrel on Thursday as rising tensions in the Middle East stoked supply fears, keeping prices less than a dollar away from their highest in almost a month, although forecasts of lower demand capped gains.

Singapore
SINGAPORE TECHNOLOGIES ENGINEERING LTD
Singapore Technologies Engineering said its aerospace arm has secured new contracts worth about S$590 million in the third quarter.

Germany
LUFTHANSA
The company will present its new low-cost airline plans on Thursday and will hold a press conference with Chief Executive Christoph Franz.

FRAPORT
The company said passenger traffic at Frankfurt airport rose 1.0 percent in September.

EADS, LAGARDERE
Europe’s two biggest aerospace firms will go back to the drawing board to find new strategies after Germany stymied the world’s biggest arms and aviation company merger.

Italy
FIAT
Europe’s car market will not really recover without EU-led coordination of capacity cuts, Fiat and Chrysler Chief Executive Sergio Marchionne said, in an apparent back-track on comments he made at the Paris auto show last month.

France
RENAULT, PSA PEUGEOT CITROEN
Europe’s car market will not really recover without EU-led coordination of capacity cuts, Fiat and Chrysler Chief Executive Sergio Marchionne said, in an apparent back-track on comments he made at the Paris auto show last month.

African Markets
-