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  • DIARY - Top Economic Events to Aug 15 Friday, 1 Aug 2014 | 8:00 PM ET

    WASHINGTON- Swedish Finance Minister Anders Borg holds a press conference from the U.S.-Africa Leaders Summit in Washington- 1100 GMT. ATHENS- European Commission President Jean-Claude Juncker visits Athens and meets Greek Prime Minister Antonis Samaras- 0800 GMT. LONDON- Bank of England holds Monetary Policy Committee meeting.

  • Business events scheduled for the coming week Friday, 1 Aug 2014 | 1:46 PM ET

    WASHINGTON— Commerce Department releases factory orders for June, 10 a.m.; Institute for Supply Management releases its service sector index for July, 10 a.m.. BERLIN— Germany's Economy Ministry releases June industrial orders figures for Europe's biggest economy.

  • Yahoo takes copyright law to top German court Friday, 1 Aug 2014 | 10:45 AM ET

    BERLIN— Yahoo says it has filed a complaint to Germany's highest court against a year-old law that broadened copyright protection for news material used on the Internet. The law aims to protect the copyright of news articles and other material on the Internet, but allows the use of "single words or small text passages" without royalties.

  • *Iliad bid $15 bln for 56.6 pct of T-Mobile US at $33/ share. PARIS/ FRANKFURT, Aug 1- Telecoms group Iliad has lined up BNP Paribas and HSBC to finance its bid for T-Mobile US, people familiar with the matter said, as it pursues a deal that could overturn expectations of industry consolidation in both the United States and France.

  • FRANKFURT, Aug 1- Allianz is poised to reappoint Michael Diekmann as chief executive in October, investors believe, possibly delaying tough choices on whether Europe's largest insurer expands its global presence or returns more cash to shareholders.

  • *Iliad bids $15 billion in cash for 56.6 pct at $33 per share. PARIS/ NEW YORK, July 31- French telecoms company Iliad SA has made a surprise offer for T-Mobile US Inc, setting up a potential bidding war with rival suitor Sprint Corp, the U.S. mobile carrier now controlled by Japan's Softbank.

  • PARIS/ NEW YORK, July 31- French telecoms company Iliad has made a surprise offer for T-Mobile US Inc, setting up a potential bidding war with rival suitor Sprint Corp, the U.S. mobile firm now controlled by Japan's Softbank.

  • BUENOS AIRES, July 31- Argentina's main government bond, stock market and peso currency dropped on Thursday after Latin America's No. 3 economy defaulted for the second time in 12 years following the failure of last-ditch talks with holdout creditors.

  • BRUSSELS, July 31- The European Union has published a law that will curb arms sales to Russia and to cut off financing for five major Russian banks over Moscow's support for rebels in Ukraine.

  • EU adopts toughest Russian sanctions yet Thursday, 31 Jul 2014 | 10:17 AM ET

    BRUSSELS, July 31- The European Union formally adopted sanctions on Thursday curbing arms sales to Russia and cutting off financing for targeted banks over Moscow's support for rebels in Ukraine.

  • BUENOS AIRES, July 31- Argentina defaulted for the second time in 12 years after last-ditch talks with what it called "vulture" creditors failed, as focus turned to whether big banks and funds would request the declaration of a "credit event".

  • BOSTON, July 31- USB devices such as keyboards, thumb-drives and mice can be used to hack into personal computers in a potential new class of attacks that evade all known security protections, a top computer researcher revealed on Thursday.

  • BUENOS AIRES, July 31- Argentina defaulted for the second time in 12 years after last-ditch talks with what it called "vulture" creditors failed, though debt insurance prices on Thursday suggested investors believed a deal could eventually be reached.

  • BERLIN, July 31- Volkswagen posted a 3.1 percent drop in second-quarter operating profit due to a plunge in earnings at its core passenger-car division, reinforcing the pressure on Europe's largest automotive group to cut costs.

  • BERLIN, July 31- Adidas, the world's second-biggest sportswear firm, cut its revenue and profit targets for this year and scrapped them for next, blaming a plunge in sales at its golf business and its exposure to a weak Russian market.

  • BUENOS AIRES, July 31- Argentina defaulted for the second time in 12 years after last-ditch talks with what it called "vulture" creditors failed, though debt insurance prices on Thursday suggested investors believed a deal could eventually be reached.

  • Volkswagen 2nd quarter profit up but revenue slips Thursday, 31 Jul 2014 | 6:15 AM ET

    BERLIN— Germany's Volkswagen, Europe's biggest automaker, says its net income rose 14.1 percent in the second quarter although revenues slipped even as unit sales pushed higher. Volkswagen AG said its profit in the April-June period was 3.25 billion euros, up from 2.85 billion a year earlier.

  • *Carrefour profits rise in France, Brazil, Argentina. BERLIN/ PARIS, July 31- Two of Europe's top retailers, France's Carrefour and Germany's Metro, are making progress in their quests to revive performance in their home markets, with Metro rewarding its chief executive with a contract extension.

  • BERLIN, July 31- Volkswagen posted a lower operating profit in the second quarter and stuck to its guidance as emerging market volatility weighed on the German carmaker's results. Operating profit at Europe's largest automotive group dropped 3.1 percent to 3.33 billion euros, VW said on Thursday, matching the consensus forecast in a Reuters poll of analysts.

  • Russia tensions hurting European companies Thursday, 31 Jul 2014 | 5:07 AM ET

    A group representing Germany's machinery industry cut its output forecast sharply on Thursday, pointing to the uncertainty caused by political tension with Russia over its alleged role in destabilizing Ukraine.