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  • BERLIN, Aug 22- The German economy's surprise second-quarter contraction was probably due to Russian sanctions and confidence being eroded by the Ukraine crisis as well as the comparison with a bumper first quarter, the finance ministry said on Friday.

  • Music site SoundCloud to start paying artists Thursday, 21 Aug 2014 | 12:18 PM ET

    BERLIN— SoundCloud said Thursday that it will start paying artists and record companies whose music is played on the popular streaming site, a move that will bring it in line with competitors such as YouTube and Spotify. "This is something we've been wanting to get to ever since we started the company," SoundCloud founder Alexander Ljung told The Associated Press.

  • YOUR MONEY-Top travel tips for a hassle-free journey Thursday, 21 Aug 2014 | 12:11 PM ET

    Aug 21- When is the best time to book a trip to Walt Disney World? During a Twitter discussion on Aug. 19 hosted by Reuters, a panel of experts fielded questions about travel. The panel comprised Brian Kelly, who runs ThePointsGuy.com; Tim Winship, editor and publisher of FrequentFlier.com, and Jason Cochran, editor of Frommers.com.

  • French exports exceed those of Britain and Lithuania on the world market, but a wet summer has meant France is set to produce more wheat for animal feed and less higher grade bread-making grain this year.

  • *E.ON in talks to buy LNG from Mozambique, Israel, Peru, Tanzania. MILAN/ LONDON, Aug 21- Germany is providing multi-billion-euro financial guarantees to help its biggest utility E.ON strike long-term gas import deals, a source with direct knowledge of the matter said, as the country seeks to reduce its dependence on Russian supply.

  • FRANKFURT, Aug 21- For German car parts maker ZF Friedrichshafen its attempt to buy U.S. rival TRW will take the company to the front of the grid as the race to make cars ever more intelligent and connected splits the industry into those making commoditised components and system providers which put the driver in the back seat.

  • Survey indicates eurozone growing slowly Thursday, 21 Aug 2014 | 5:53 AM ET

    Markit economist Rob Dotson said Thursday the eurozone "looks ready to bounce back" following the second quarter but that third-quarter growth would be only around 0.3-0.4 percent. The survey showed activity in France, the eurozone's No. 2 economy, stabilized after three months of declines.

  • NEW YORK, Aug 20- U.S. crude oil rose in choppy trading on Wednesday ahead of the September contract's expiration and after government data showed crude stocks in the United States fell sharply last week. U.S. crude stocks slid by 4.5 million barrels last week, the U.S. Energy Information Administration said, more than analysts had expected.

  • Chip maker Infineon to buy California firm for $3B Wednesday, 20 Aug 2014 | 1:18 PM ET

    FRANKFURT, Germany— German chip maker Infineon Technologies AG says it has agreed to pay $3 billion in cash for California- based semiconductor firm International Rectifier, which produces power-management components used in everything from cars to satellites.

  • *Infineon says $40 per share offer for U.S. firm is all-cash. FRANKFURT, Aug 20- Merger-shy German chipmaker Infineon has agreed to buy Silicon Valley-based International Rectifier for about $3 billion in cash, Infineon said on Wednesday, in its biggest-ever acquisition.

  • NEW YORK, Aug 20- U.S. crude oil rose in choppy trading on Wednesday ahead of the September contract's expiration and after government data showed crude stocks in the United States fell sharply last week. U.S. crude stocks slid by 4.5 million barrels last week, the U.S. Energy Information Administration said, more than analysts had expected.

  • German govt backs authors in spat with Amazon Wednesday, 20 Aug 2014 | 11:43 AM ET

    BERLIN— Germany's top culture official has voiced support for hundreds of authors who claim they're being discriminated against by online retailer Amazon amid negotiations with their publisher.

  • German retailer opening US flagship in Cincinnati Wednesday, 20 Aug 2014 | 9:32 AM ET

    Wiesnkoenig, the official supplier of lederhosen for the Munich Oktoberfest, is hoping its fashion-forward take on traditional German clothing takes off in America with the opening of its flagship U.S. store inside a Cincinnati brewery.

  • *Bloomberg reports Infineon nears $2 billion deal. FRANKFURT, Aug 20- Germany's Infineon is nearing a deal to buy a U.S.-based semiconductor company for about $2 billion, Bloomberg reported on Wednesday, citing people familiar with the matter. A deal could be announced later on Wednesday, Bloomberg said, without saying which company Infineon was targeting.

  • LONDON, Aug 20- China's economy is slowing. Japan's sank in the second quarter. In a world preoccupied by geopolitical crises- from Ukraine, Iraq and Gaza to the Ebola outbreak in West Africa- the global economy has taken something of a back seat.

  • Cheap money fueling German property boom     Wednesday, 20 Aug 2014 | 1:15 AM ET

    CNBC's Annette Weisbach reports on the dizzying rise of German property prices fueled by low interest rates in the euro zone.

  • *Liberia records most new deaths, worries over Monrovia. The epidemic of the hemorrhagic disease, which can kill up to 90 percent of those it infects, is ravaging the three small West African states of Liberia, Sierra Leone and Guinea, and also has a toehold in Nigeria, Africa's biggest economy.

  • SAN FRANCISCO, Aug 19- Uber has enlisted David Plouffe, President Barack Obama's 2008 campaign manager, to devise and run its global political and branding strategy, as the fast-expanding car rides-on-demand startup runs into stiff resistance in some cities.

  • WWII bomb found near Frankfurt airport Tuesday, 19 Aug 2014 | 3:51 PM ET

    BERLIN— A World War II bomb found Tuesday next to a highway near Frankfurt airport was disposed of in a controlled explosion, causing some disruption to flight operations. A stretch of the A3 highway near Offenbach, outside Frankfurt, was closed Tuesday after the 500- kilogram British bomb was found.

  • European markets close: Rally day 2     Tuesday, 19 Aug 2014 | 11:30 AM ET

    CNBC's Simon Hobbs reports on all the market moving events in Europe today, including the rebound of the German DAX and weaker U.K. inflation eases rate pressure.