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  • OPEC oil output rises in July on fragile Libyan rebound Wednesday, 30 Jul 2014 | 8:08 AM ET

    That could hinder OPEC's ability to boost output later in the year, when the International Energy Agency expects demand for OPEC crude to rise. Outages in the group, such as in Iraq and Libya, are effectively helping OPEC to balance the market, rather than voluntary cutbacks, say analysts.

  • *HeidelbergCement, Holcim confirm outlook for 2014. FRANKFURT, July 30- Cement makers HeidelbergCement and Holcim stuck to targets for a rise in 2014 earnings, saying solid growth in North America and cost cuts should offset unfavorable currency effects, which weighed on second-quarter results.

  • German central bank chief: higher wages justified Wednesday, 30 Jul 2014 | 4:12 AM ET

    BERLIN— The head of Germany's central bank says higher wages would be justified in the country as the economy flourishes and inflation sags, and is putting the potential for raises at 3 percent.

  • Russia counts cost of new economic sanctions Wednesday, 30 Jul 2014 | 3:49 AM ET

    MOSCOW— Russia blasted the West's new economic sanctions on Wednesday, accusing the U.S. of being "prosecutorial" in its drive to impose penalties on the country's key energy and finance sectors. The U.S. and EU say Russia is helping the separatist rebels in eastern Ukraine who are accused of downing the Malaysian Airlines jet this month.

  • 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.

  • BERLIN/ FRANKFURT, July 29- The knock to confidence from harsher European sanctions on Russia could spoil the euro zone's budding economic recovery even if it shrugs off the fallout on trade.

  • BERLIN, July 29- Major airlines are taking differing stances to flying over Iraq, reflecting the piecemeal approach airlines currently take to flying over conflict zones and ahead of an international meeting of industry representatives to discuss the issue.

  • WOLFSBURG, Germany, July 29- Volkswagen's move to add extra German production shifts for its top-selling Golf hatchback, which the group has attributed to strong demand, is also due to problems adjusting to its flagship new manufacturing platform, company sources told Reuters.

  • Ecclestone defense seeks deal to end bribery trial Tuesday, 29 Jul 2014 | 9:48 AM ET

    The 83- year-old Ecclestone went on trial in Munich in April, charged with bribery and incitement to breach of trust. He has been running Formula One while attending court sessions in Munich twice a week.

  • Russia sanctions threaten to blow euro zone off course Tuesday, 29 Jul 2014 | 9:41 AM ET

    BERLIN/ FRANKFURT, July 29- The knock to confidence from harsher European sanctions on Russia could spoil the euro zone's budding economic recovery even if it shrugs off the fallout on trade.

  • European bond bulls run wild as yields plunge Tuesday, 29 Jul 2014 | 9:39 AM ET

    Don't look now, but European bond investors are sending yields to lows unseen in at least 200 years.

  • *Q2 pretax income up 16 percent to 917 million euros. FRANKFURT, July 29- Deutsche Bank AG's bid to become "last man standing" in European investment banking is working, the bank said on Tuesday, even as the threat intensifies of costly litigation and regulatory actions.

  • FRANKFURT/ ZURICH, July 29- Germany's Deutsche Bank and Switzerland's UBS said they were caught up in an inquiry by U.S. regulators, who are looking into whether broker-run stock exchanges gave an unfair advantage to high-frequency traders.

  • FRANKFURT, July 29- Deutsche Bank's plan to become "the last man standing" in investment banking in Europe is working, the bank said on Tuesday, reporting a 16 percent year-on-year increase in quarterly pretax income.

  • 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.

  • Deutsche Bank posts 29 percent drop in profit Tuesday, 29 Jul 2014 | 3:10 AM ET

    BERLIN— Deutsche Bank AG posted a 29 percent drop in second-quarter net profit Tuesday, hit by what it described as higher taxes, declining revenue and political instability affecting the markets.

  • *Q2 oper profit 969 mln euros vs Rtrs poll avg 965 mln. FRANKFURT, July 29- German industrial gases maker Linde reported a decline in quarterly profits on Tuesday, hit by unfavourable foreign exchange rate fluctuations.

  • UBS sees profits rise, probed over trading system Tuesday, 29 Jul 2014 | 1:45 AM ET

    UBS AG said its net profit for the April-June period rose to 792 million Swiss francs from 690 million francs in the comparable period in 2013.. Shares in UBS slid 1.81 percent to close at 16.32 francs in Zurich trading Tuesday.

  • 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.

  • European shares tip lower on U.S. data, Russia risk Monday, 28 Jul 2014 | 12:33 PM ET

    *FTSEurofirst 300 down 0.2 pct, Euro STOXX 50 down 0.1 pct. *Ryanair, Reckitt outperform on earnings, dealmaking. LONDON/ PARIS, July 28- European stocks edged lower on Monday, with unspectacular U.S. data and new European sanctions against Moscow offsetting strong earnings updates from firms like Ryanair and spin-off talk from Reckitt Benckiser.