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  • Dubai, European airlines divert flights over Iraq Wednesday, 30 Jul 2014 | 11:54 AM ET

    BAGHDAD— European airlines and a Dubai- based carrier are rerouting flights over Iraqi airspace as a security precaution amid fears that militants with the Islamic State group have weapons capable of shooting down planes, despite Iraq saying its skies are safe.

  • *Airbus Group says cancellations linked to overbooking. *Airbus says focusing on Dassault stake sale. PARIS, July 30- Airbus Group moved to allay concerns over a wave of order cancellations on Wednesday, sparking a rally in its shares helped by better than expected half-year results.

  • Airbus expects stable revenue despite order loss Wednesday, 30 Jul 2014 | 6:34 AM ET

    PARIS— European aerospace company Airbus says it expects its revenue to remain stable this year despite a big cancellation recently for some of its large A350 planes. Airbus competes fiercely with Chicago- based Boeing Co. in the global market for large civilian aircraft.

  • PARIS, July 30- PSA Peugeot Citroen reported a surprise surge in first-half cash flow and the first auto-division profit in three years, sending the French carmaker's shares soaring as its turnaround plan began to show results.

  • *Says impact of Russia sanctions on Yamal LNG uncertain. PARIS, July 30- French oil major Total stopped buying shares in Russia's Novatek when a Malaysian airliner was shot down over Ukraine, but it is still too early to gauge the impact of western sanctions against Russia, Total said.

  • Total leads European shares lower on Russia worries Wednesday, 30 Jul 2014 | 4:06 AM ET

    PARIS, July 30- European stocks dipped on Wednesday, with shares in oil major Total falling on worries over its investments in Russia and after posting a drop in profits.

  • PARIS, July 30- Airbus Group on Wednesday reported first-half underlying operating profit up 10 percent and reaffirmed its forecasts for the year, seeking to dampen concerns among some investors about the health of the commercial jetliner market.

  • *Says impact on Yamal LNG of sanctions on Russia still uncertain. PARIS, July 30- Total has stopped buying shares in Russia's Novatek the day of the downing of a Malaysia Airlines flight over Ukraine, but that it is still too early to gauge the impact of new sanctions against Russia, the French oil major's top revealed with its second quarter results on Wednesday.

  • West seeks to inflict more economic pain on Russia Wednesday, 30 Jul 2014 | 1:33 AM ET

    WASHINGTON— Citing Russia's stalled growth rate and a flow of foreign capital out of Moscow, U.S. and European officials hope a new round of sanctions targeting energy and defense entities, as well as major banks, will deepen Russia's economic pain even further and force President Vladimir Putin to end provocations in Ukraine.

  • New sanctions for Russia—here's where they'll hurt Tuesday, 29 Jul 2014 | 3:36 PM ET
    Russian President Vladimir Putin on July 28, 2014 in Moscow.

    Sanctions are intended to tighten the screws on Russia by targeting broad sections of its economy and financial markets.

  • *Adecco, Randstad seen benefiting from subsidies, auto sector. LONDON, July 29- Despite high unemployment, weak economic growth and complex labour laws, France is offering an unlikely glimmer of hope to beaten-down staff recruitment firms such as Adecco and Randstad.

  • Greece moves debt talks to France Tuesday, 29 Jul 2014 | 8:59 AM ET

    ATHENS, Greece— Greece's next meetings with international debt inspectors will take place in Paris instead of Athens, the government said Tuesday, calling the move a sign that the country is no longer under "intense pressure" to make austerity measures.

  • Renault profits rise thanks to cost cuts Tuesday, 29 Jul 2014 | 7:39 AM ET

    PARIS— French carmaker Renault says its profits in the first half of the year rose, partly thanks to lower costs as its revenue dropped. The maker of the Twingo and Clio hatchbacks said Tuesday its net income rose to 749 million euros from 39 million euros a year earlier.

  • TOKYO, July 29- Atomic power's share of global electricity supply is at the lowest level since the 1980 s following the shutdown of Japan's reactors after the Fukushima disaster, and may fall further without major new plant construction.

  • US, Europe impose tough new sanctions on Russia Tuesday, 29 Jul 2014 | 4:00 AM ET

    WASHINGTON— Spurred to action by the downing of the Malaysian airliner, the European Union approved dramatically tougher economic sanctions Tuesday against Russia, including an arms embargo and restrictions on state-owned banks. Obama and U.S. allies also warned that Russia was building up troops and weaponry along its border with Ukraine.

  • BRUSSELS, July 28- EU diplomats reached a preliminary agreement on Monday on a list of associates of Russian President Vladimir Putin and companies that will face sanctions as part of tougher measures over Moscow's actions in Ukraine, EU sources said.

  • MOSCOW, July 28- A European court should take "strong note" of the $50 billion Russia was instructed to pay on Monday for expropriating the assets of Russian oil firm Yukos in assessing a separate just satisfaction claim, Yukos former chief financial officer said.

  • Business events scheduled for Tuesday Monday, 28 Jul 2014 | 2:10 PM ET

    WASHINGTON— Standard& Poor's releases S&P/Case-Shiller index of home prices for May, 9 a.m.. WASHINGTON— The Conference Board releases the Consumer Confidence Index for July, 10 a.m.. WASHINGTON— House Energy and Commerce subcommittee hearing on EPA's proposed clean power plan and grid reliability challenges.

  • *Russia to appeal "politically biased decision". MOSCOW/ LONDON/ AMSTERDAM, July 28- An international arbitration court ruled on Monday that Russia must pay $50 billion for expropriating the assets of Yukos, the former oil giant whose ex-owner Mikhail Khodorkovsky fell foul of the Kremlin.

  • *Soybeans supported by strong demand led by China. Wheat futures were lower but trimmed losses in the wake of a U.S. Agriculture Department announcement showing a wheat sale to Nigeria and a soybean sale to top importer China.