News Headlines - 01 November 2012

▽Burdens of Storm’s Damage Ease Slightly - NYTimes.com

Subways and buses started to roll again in some sections of New York City and cars jockeyed for passengers on Thursday, promising a commute slightly more fluid than Wednesday’s gridlock brought on by Hurricane Sandy.

▽GLOBAL ECONOMY-Asian factories, U.S. jobs show improvement | Reuters

Big Asian economies are slowly picking up after a year battling global headwinds, business surveys and data showed on Thursday, with renewed vim from China's factories and a rebound in South Korean exports.

▽Panasonic warns of second $10bn loss - FT.com

Panasonic has warned it will suffer a loss of nearly $10bn for the second consecutive year, discarding an earlier prediction that it would return to profit, in a move that underscores the deep and persistent problems facing Japan’s consumer electronics sector.

▽NI prison officer dies in ambush - The Irish Times

A long-serving Northern Ireland prison officer was murdered in a motorway ambush today in an attack which police are blaming on dissident republicans.

▽BBC Sport - Chelsea v Manchester United: 'Racist gesture by fan' investigated

Chelsea are investigating after reports a fan made a racist gesture in the League Cup win over Manchester United.