An Air Canada flight had to circle Tel Aviv's airport for 10 minutes after air traffic control said the conditions needed to be confirmed as safe for landing.» Read More
WASHINGTON— Labor Department releases employment data for July, 8:30 a.m.; Commerce Department releases personal income and spending for June, 8:30 a.m.; Institute for Supply Management releases its manufacturing index for July, 10 a.m.; Commerce Department releases construction spending for June, 10 a.m..
BRUSSELS, July 25- The European Union reached outline agreement on Friday to impose the first economic sanctions on Russia over its behaviour in Ukraine but scaled back their scope to exclude technology for the crucial gas sector.
BRUSSELS, July 25- When Dutch Foreign Minister Frans Timmermans spoke to his European Union peers of his grief and anger over the downing of a Malaysia Airlines airliner over eastern Ukraine, it was a turning point in Europe's approach to Russia.
DUESSELDORF, Germany, July 25- Uber, whose smartphone app summons rides at the touch of a button, won a new lease of life in the German city of Hamburg on Friday when a court suspended a ban imposed by local regulators.
LONDON, July 25- Weak German economic data and a slump in the shares of luxury goods group LVMH weighed on European stock markets on Friday. I think the European stock markets will drift slightly lower, "said Darren Courtney-Cook, head of trading at Central Markets Investment Management.
BERLIN, July 25- German business sentiment fell to its lowest level in nine months in July in a sign that firms in Europe's largest economy are worried about the crises in Ukraine, Iraq and Gaza.
BERLIN— German business confidence fell for a third consecutive month amid ongoing concerns about the economic impact of the crises in Ukraine and the Middle East, though consumer confidence in Europe's largest economy remained robust, surveys showed Friday.
BERLIN— Air France and Germany's two biggest airlines decided Friday to resume flights to Tel Aviv after canceling operations for several days over safety concerns. Air France said its first flight to Tel Aviv would leave Paris on Friday night. Germany's second-biggest carrier, Air Berlin, said that it would start flying midday Saturday.
The price of oil slipped below $102 a barrel on Friday, falling for a second day after spiking on lower U.S. inventories and tensions in Ukraine and the Middle East. By early afternoon in Europe, benchmark U.S. crude for September delivery was down 38 cents to $101.69 in electronic trading on the New York Mercantile Exchange.
*Hamas sticks to demand embargo on enclave be lifted. *One killed in West Bank march is support of Gaza. United Nations Secretary-General Ban Ki- moon expressed horror at the Thursday attack on the school at Beit Hanoun in the northern Gaza strip.
FRANKFURT/ DETROIT, July 24- Ford Motor Co and General Motors Co said on Thursday the crisis in Ukraine has exacerbated a sales slowdown in Russia, but the carmakers said they were on track to turn around their European operations after years of economic instability on the Continent.
WASHINGTON— Nearly 300 passengers perish when their plane is shot out of the sky. Less than one in 2 million flights last year ended in an accident in which the plane was damaged beyond repair, according to the International Air Transport Association.
*Hamas sticks to demand embargo on enclave be lifted. GAZA/ JERUSALEM, July 24- Gazan authorities said Israeli forces shelled a shelter at a U.N.-run school on Thursday, killing at least 15 people as the Palestinian death toll in the conflict climbed over 760 and attempts at a truce remained elusive.
*Hamas sticks to demand embargo on enclave be lifted. The Israeli military said its troops were fighting gunmen from Hamas, which runs Gaza, in the area and that it was investigating the incident.
BRUSSELS, July 24- The European Union would target state-owned Russian banks vital to financing Moscow's faltering economy in the most serious sanctions so far over the Ukraine crisis under proposals considered by EU governments on Thursday.
*Hamas sticks to demand embargo on enclave be lifted. GAZA/ JERUSALEM, July 24- Israeli forces shelled a U.N.-run school sheltering Palestinians in the northern Gaza strip, the Gaza health ministry said on Thursday, killing at least 15 people and raising the conflict's death toll to nearly 750..
Duerheimer, who took charge of the Volkswagen- owned luxury marque on June 1, told reporters in London that previous sales estimates had proved too optimistic. Bentley had said that 2014 was on course to be the brand's best year after first-half sales rose by almost a quarter to 5,254 saloons, coupes and convertibles, thanks to demand from China and the Middle East.
*BASF still sees slightly higher adj EBIT in 2014. FRANKFURT, July 24- BASF, the world's largest chemicals maker by sales, became the latest euro zone company to suffer from the strength of the euro, posting lower-than-expected earnings growth even as sales volumes rose.
*EU patience with Russia running out. BRUSSELS, July 24- The European Union would target state-owned Russian banks and their ability to finance Moscow's faltering economy in its most serious sanctions so far over the Ukraine crisis under proposals considered by EU governments on Thursday, diplomats said.
*Hamas sticks to demand embargo on Gaza be lifted. GAZA/ JERUSALEM, July 24- Israel won a partial reprieve from the economic pain of its Gaza war on Thursday with the lifting of a U.S. ban on commercial flights to Tel Aviv, as fighting pushed the Palestinian death toll over 700..