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  • DIARY - Top economic Events to Sept 10 Friday, 29 Aug 2014 | 8:01 PM ET

    LJUBLJANA- Bled Strategic Forum 2014 in Slovenia.

  • Business Highlights Friday, 29 Aug 2014 | 5:40 PM ET

    Malaysia Airlines to cut 6,000 staff in overhaul. KUALA LUMPUR, Malaysia— Malaysia Airlines will cut 6,000 workers as part of a $1.9 billion overhaul announced Friday to revive its damaged brand after being hit by double passenger jet disasters.

  • *FTSEurofirst 300, Euro STOXX 50 up 0.3 pct. *Euro STOXX 50 posts biggest monthly gain since Feb. LONDON, Aug 29- European shares eked out small gains in thin, choppy trade on Friday, helping one key euro zone index of blue chips record its biggest monthly rise since February.

  • Business events scheduled for the coming month Friday, 29 Aug 2014 | 12:39 PM ET

    WASHINGTON— Institute for Supply Management releases its manufacturing index for August, 10 a.m.; Commerce Department releases construction spending for July, 10 a.m.. WASHINGTON— Commerce Department releases factory orders for July, 10 a.m.; Federal Reserve releases Beige Book, 2 p.m..

  • Business events scheduled for the coming week Friday, 29 Aug 2014 | 12:15 PM ET

    WASHINGTON— Institute for Supply Management releases its manufacturing index for August, 10 a.m.; Commerce Department releases construction spending for July, 10 a.m.. WASHINGTON— Commerce Department releases factory orders for July, 10 a.m.; Federal Reserve releases Beige Book, 2 p.m..

  • *FTSEurofirst 300 flat, Euro STOXX 50 down 0.1 pct. *Airlines down after volcano eruption in Iceland. LONDON, Aug 29- European shares were poised to end a positive August on a softer note on Friday after euro zone inflation data slightly cooled market speculation about fresh monetary stimulus by the European Central bank.

  • *Mobile is weak link in Sony's struggling electronics division. TOKYO, Aug 29- Japan's SoftBank Corp and its U.S. mobile carrier Sprint Corp will offer a Sony smartphone for the first time, sources with knowledge of the matter said, as the two technology titans confront daunting challenges in the U.S. market.

  • MOSCOW, Aug 29- The Ukraine conflict has evoked many memories of the Cold War, including a footloose attitude to the truth. But there are also some European powers, including Germany and France, who despite being on the opposite side of the crisis share Putin's desire not to paint it as an out-and-out war between Russia and Ukraine.

  • BERLIN, Aug 29- Pilots at Lufthansa's budget carrier Germanwings staged a six-hour strike on Friday, disrupting travel plans of thousands of people returning from summer holidays and putting pressure on Lufthansa management in a pension scheme dispute.

  • *FTSEurofirst 300, Euro STOXX 50 up 0.1 pct. *Euro STOXX 50 set for best monthly gain since Feb. LONDON, Aug 29- European shares trimmed their early gains on Friday as euro zone inflation data slightly cooled market speculation about fresh monetary stimulus by the European Central bank.

  • BRUSSELS/ FRANKFURT, Aug 29- Euro zone inflation dropped as expected to a fresh five year low in August, data showed on Friday, something likely to concern the European Central Bank but not force it into immediate policy intervention.

  • German economic fears growing but Merkel strong Friday, 29 Aug 2014 | 5:12 AM ET

    "She holds her line, and this gives the German electorate the impression she is doing a good job in the interests of Germany," said Nils Diederich, a political scientist at Berlin's Free University. Merkel's support stands at 65 percent according to the latest polls, and her party was also by far the most popular in Germany.

  • *Mobile is weakest link in Sony's struggling electronics division. TOKYO, Aug 29- Japanese wireless operator SoftBank Corp will offer a Sony smartphone for the first time, selling a soon-to-be-launched Xperia in Japan, and in the United States via its unit Sprint, sources with knowledge of the matter said.

  • Worrying eurozone inflation sags again to 0.3 pct Friday, 29 Aug 2014 | 5:03 AM ET

    FRANKFURT, Germany— Inflation in the 18 countries that use the euro sank to an annual 0.3 percent in August, a sign of economic weakness that is putting pressure on the European Central Bank to take drastic steps to save a stalling recovery.

  • *Share markets weak as Russia- Ukraine tensions swirl. LONDON, Aug 29- The euro was near a year low and on course for a fourth week of falls on Friday ahead of what was expected to be another stodgy euro zone inflation reading, and as tensions with Russia over Ukraine kept the region on edge.

  • Europe shares inch; Tesco sinks after warning Friday, 29 Aug 2014 | 4:30 AM ET

    *FTSEurofirst 300 up 0.3 pct, Euro STOXX 50 up 0.5 pct. PARIS, Aug 29- European shares rose in early trade on Friday, recovering some of the ground lost in the previous session as investors awaited inflation figures that may shed light on the European Central Bank's next policy move.

  • TOKYO, Aug 29- SoftBank Corp is to offer a Sony Corp smartphone for the first time, selling the upcoming Xperia handset both in Japan and through subsidiary Sprint Corp in the United States, sources with knowledge of the matter said.

  • Dozens of planes grounded in German pilot strike Friday, 29 Aug 2014 | 2:37 AM ET

    BERLIN— Thousands of passengers are feeling the impact of a pilots strike in Germany after negotiations between the country's biggest airline Lufthansa and the union representing pilots collapsed over a long-running dispute regarding wages and early retirement benefits.

  • Beer gardens helping Milwaukee County budgets Friday, 29 Aug 2014 | 1:40 AM ET

    MILWAUKEE— Oversized mugs of beer clink together as drinkers sitting under a canopy of trees in a Milwaukee public park listen to live accordion music and proclaim "Prost!"

  • *Decisions will help shape EU policy on economy, Ukraine. WARSAW/ BRUSSELS/ PARIS, Aug 28- Polish Prime Minister Donald Tusk is seriously considering a proposal that he take the post of president of the European Council, a Warsaw government spokeswoman said on Thursday, linking his decision to the crisis in neighbouring Ukraine.