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  • BRUSSELS, July 17- Euro zone countries must beware of bending budget rules in the quest for economic growth, the EU's new economics czar said on Thursday, suggesting some proposals from France and Italy sought too much leeway.

  • Airbus beats Boeing in airshow orders race Thursday, 17 Jul 2014 | 8:28 AM ET

    FARNBOROUGH, England— Airbus beat rival Boeing in the aircraft order stakes at this year's Farnborough International Airshow, garnering nearly twice as many orders and commitments. Though Airbus clinched more deals at Farnborough, Boeing insisted that it has won more in the year to date.

  • LVMH and eBay settle litigation over fake goods Thursday, 17 Jul 2014 | 6:48 AM ET

    PARIS, July 17- LVMH Moet Hennessy Louis Vuitton and eBay Inc have settled a long-running court battle over the sale of counterfeit luxury goods on the U.S. company's online auction website. LVMH also claimed that the sale of real perfumes through non-approved distribution channels such as eBay hurt its business.

  • *EU steps up sanctions vs Russia over Ukraine. BRUSSELS, July 16- European Union leaders failed to agree at a summit on Wednesday on sharing out a package of top jobs in the 28- nation bloc, including a new foreign policy chief, and postponed the decision until late August.

  • *EU steps up sanctions vs Russia over Ukraine. The 28 leaders did agree to step up sanctions against Russia over separatist violence in eastern Ukraine shortly after Washington also tightened the screw.

  • The 28 leaders did agree to step up sanctions against Russia over separatist violence in eastern Ukraine shortly after Washington also tightened the screw.

  • F-35's no-show at Farnborough disappoints Wednesday, 16 Jul 2014 | 1:34 PM ET

    LONDON— The failure of the Joint Strike Fighter to travel to England this week for a premier air show heaped further embarrassment on its developers as they try to convince skeptics that the $400 billion program was a price worth paying.

  • Airbus A380s tested over air leak problems Wednesday, 16 Jul 2014 | 11:40 AM ET

    PARIS— Airbus has advised airliners to test noisy doors on the world's largest passenger airliner, the A380, after identifying a problem with the door seal that could lead to a fall in the cabin pressure. Airbus spokesman Justin Dubon said the company had "identified and understood the root cause of the A380 troubles" and that they were related to the door seal.

  • CORRECTED-FACTBOX-Names in the frame for top EU jobs Wednesday, 16 Jul 2014 | 9:21 AM ET

    BRUSSELS, July 16- European Union leaders meet on Wednesday to discuss candidates for several top jobs in the 28- member union after the election of former Luxembourg Prime Minister Jean-Claude Juncker as president of the executive European Commission.

  • *Sanofi mulls fate of 200 older drugs including Plavix. *Sanofi also held talks with TPG and Warburg Pincus. PARIS, July 16- Sanofi has held talks with Abbott Laboratories, Mylan and private equity firms over the possible sale of a 6.3 billion euro portfolio of mature drugs, according to an internal document seen by Reuters.

  • France investigating package delivery companies Wednesday, 16 Jul 2014 | 6:56 AM ET

    U.S.-based FedEx Corp., TNT Express NV from the Netherlands and Britain's Royal Mail PLC are all under investigation for unidentified malpractices. FedEx, TNT Express and Royal Mail said in statements they could suffer "material" losses after receiving a notice from the French authority alleging breaches of anti-trust rules.

  • FACTBOX-Names in the frame for top EU jobs Wednesday, 16 Jul 2014 | 6:44 AM ET

    BRUSSELS, July 16- European Union leaders meet on Wednesday to discuss candidates for several top jobs in the 28- member union after the election of former Luxembourg Prime Minister Jean-Claude Juncker as president of the executive European Commission.

  • France battles against bad restaurant food Wednesday, 16 Jul 2014 | 5:26 AM ET

    PARIS— Restaurant-goers in France will start seeing a funny little symbol on their menus this week: a skillet with a house on top, indicating your menu choice is made in-house.

  • WASHINGTON, July 15- The United States must decide soon whether to overturn its nearly 40- year ban on oil exports or it risks inhibiting output from the domestic drilling boom, the executive director of the International Energy Agency said on Tuesday.

  • STRASBOURG, France, July 15- Jean-Claude Juncker won a wide endorsement from the European Parliament on Tuesday to be the next head of the executive European Commission after setting out a "grand coalition" investment programme to help revive Europe's economy.

  • *Ukraine accuses Russia of involvement, rebels blame Kiev. KIEV, July 15- Ukraine has made fresh charges of Russian involvement in its conflict with separatist rebels, suggesting Moscow may have had a role in an air strike on Tuesday that killed 11 people.

  • STRASBOURG, France, July 15- Jean-Claude Juncker won broad endorsement from the European Parliament on Tuesday to be the next head of the executive European Commission after setting out a "grand coalition" investment program to help revive Europe's economy.

  • *Espirito Santo shares hit record new low. LONDON, July 15- European stocks and the euro fell on Tuesday after shares in Portugal's biggest listed bank hit a record low, while a plunge in German economic sentiment pushed up borrowing costs for some peripheral euro zone countries.

  • STRASBOURG, France, July 15- Jean-Claude Juncker set out a "grand coalition" investment program aimed at reviving Europe's economy in an impassioned speech on Tuesday seeking confirmation as the next head of the executive European Commission.

  • The pan-European FTSEurofirst 300 share index rose 0.1 percent, with benchmark indexes in Frankfurt, Paris and London trading flat to 0.3 percent higher, held back by a weaker technology sector as Germany's Software AG fell 15 percent after cutting forecasts.