LONDON Jan 14 Reuters Britain's Barclays Plc BARC

Others analysts have also said HSBC needs to raise capitalto restore its advantage over rivals. Citigroup (C.N), Santander (SAN.MC), Royal Bank of Scotland(RBS.L), Barclays (BARC.L) and many others have taken staterescue funds or raised cash privately to rebuild balance sheets. Agarwal cut his HSBC 2009 earnings per share forecast by 39percent to 55 cents, down from an estimated 90 cents for 2008,and cut its 2010 forecast by a third to 50 cents. HSBC faces structural and cyclical headwinds from lowerinterest rates, higher bad debts and unfavourable foreignexchange moves, he said, predicting weaker revenue in the UnitedStates, Britain and Asia as a global recession takes hold. "If HSBC cut its dividend by half its dividend yield willfall to 5 percent from 10 percent and given the bank's hugeexposure to the UK and U.S. HSBC's earnings are not expected to recover until 2011 atthe earliest, Morgan Stanley said. WARSAW, Jan 14 (Reuters) - Poland's largest energy producerPolska Grupa Energetyczna (PGE) aims to build two nuclear plantsof 3,000 MW each and estimates the cost at 15-18 billion euros,the company's chief executive said on Wednesday.

Poland's government on Tuesday gave PGE the manadate tobuild two nuclear plants to help the European Union's largestex-communist economy diversify its energy sources. PGE CEO Tomasz Zadroga said the company aims to have thefirst block operational in 2020 and will seek a partner to buildand operate the plants. "The stake (we will want to sell) is up for negotiations,but we want to keep the controlling stake," Zadroga told a newsconference. PGE will seek to gain external financing for about 80percent of investments, he said. About 95 percent of Poland's electricity is from coal-firedplants, but in order to meet the growing demand for energy andto replace the outdated installations analysts estimate about1,000 MW of energy will have to be added annually (Reporting by Patryk Wasilewski; editing by James Jukwey). DUBLIN, Ireland(Business Wire)Research and Markets( http://) hasannounced the addition of the "Imported Beer in the United States 2008" reportto their offering. This report explores the imported beer market in the U.S., with a focus on theoff-premise (for consumption at home rather than in bars, clubs or restaurants).This report provides insight into the external and internal factors areaffecting this market and what they mean for future sales growth and industryinnovations.

LONDON, Jan 14 (Reuters) - Britain's Barclays Plc (BARC.L)said it is cutting more UK-based jobs in its retail andcommercial banking businesses, which a person familiar with thematter said is likely to see a further 2,100 jobs go. "Barclays continually reviews its operations and resourcesso that they function efficiently as business needs and customerrequirements evolve. In the current market conditions, this isparticularly important," Barclays said in a statement. The latest losses are on top of cuts in its investmentbanking and investment management (IBIM) units announced onTuesday expected to total 2,100 and 400 jobs in its UKtechnology departments announced last week (Reporting by Steve Slater). NOVO-OGARYOVO, Russia, Jan 14 (Reuters) - Russian PrimeMinister Vladimir Putin said on Wednesday that Europeanofficials could do more to influence Ukraine in a gas row thathas disrupted supplies to European Union customers. Stocks Russia "In my view, European officials could do more to putpressure on the transit country to ensure European interests,"Putin said at the start of a meeting with the prime ministers ofBulgaria, Slovakia and Moldova. (Reporting by Oleg Shchedrov, writing by Guy Faulconbridge,editing by Toni Vorobyova) Stocks Russia.