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  • EU sanctions on Russian banks would hit economy, business Thursday, 24 Jul 2014 | 12:50 PM ET

    MOSCOW, July 24- Russia's state-controlled banks would have to turn to the state, domestic borrowers or new regions such as Asia if EU sanctions shut off investment, hurting their ability to lend to local businesses and further damaging the country's fragile economy.

  • European shares boosted by data, Spanish results Thursday, 24 Jul 2014 | 12:41 PM ET

    *Euro STOXX 50 up 0.8 pct, FTSEurofirst 300 up 0.5 pct. The euro zone Euro STOXX 50 closed 0.8 percent higher at 3,220.07 points, while the broader FTSEurofirst 300 index index rose 0.5 percent to 1,381.97 points.

  • SARAJEVO, July 24- Italian Foreign Minister Federica Mogherini, a candidate to become the European Union's next foreign policy chief, reiterated on Thursday that she supports additional sanctions against Russia over the crisis in Ukraine.

  • GENEVA, July 24- The latest U.S. sanctions against Russia violate World Trade Organization rules and may force Moscow into a destabilizing trade dispute, Russia's ambassador told the Geneva- based trade body on Thursday.

  • Euro zone shares boosted by data, Spanish results Thursday, 24 Jul 2014 | 11:19 AM ET

    *Euro STOXX 50 up 0.5 pct, FTSEurofirst 300 up 0.2 pct. The euro zone Euro STOXX 50 index was up 0.5 percent at 3,209.70 points, while the broader FTSEurofirst 300 index index was up 0.2 percent at 1,378.97 points by 1453 GMT.

  • Ukrainian prime minister resigns Thursday, 24 Jul 2014 | 11:02 AM ET
    Arseny Yatseniuk

    The Ukrainian Prime Minister tendered his resignation on Thursday, after upbraiding fellow politicians.

  • LONDON/ BRUSSELS, July 24- The European Union's proposed sanctions against Russia, targeting sensitive technology, take aim at Gazprom's huge South Stream gas pipeline project to Europe and Novatek's Arctic Yamal liquefied natural gas facility.

  • BRUSSELS, July 24- European Union countries are considering tougher sanctions against Russia over its role in the conflict in eastern Ukraine and the downing of the Malaysian airliner that killed 298 people last week.

  • GENEVA, July 24- The latest U.S. sanctions against Russia are a violation of World Trade Organization rules that may force Moscow into a destabilising trade dispute, Russia's ambassador told the Geneva- based trade body on Thursday.

  • 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.

  • SANCTIONS ANNOUNCED ON JULY 16 ARE VIOLATION OF WTO RULES.

  • 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.

  • Investigate Putin for war crimes: Phillips Thursday, 24 Jul 2014 | 9:57 AM ET
    Russian President Vladimir Putin, March 5, 2014.

    The downing of Malaysian Air Flight 17 was an act of murder. Putin should be investigated for war crimes, says former WH adviser David L. Phillips.

  • GM profit 2Q falls 85 pct. on recall costs Thursday, 24 Jul 2014 | 7:35 AM ET

    DETROIT— Recall expenses chopped $1.5 billion from General Motors' bottom line in the second quarter, as it added up the costs of repairs for nearly 30 million cars and set aside funds to compensate victims of small-car crashes. Without one-time items GM would have made 58 cents per share, equaling Wall Street's expectations, according to data provider FactSet.

  • EU targets state-owned Russia banks in sanctions draft Thursday, 24 Jul 2014 | 7:15 AM ET

    *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.

  • *US tech stocks buoyed by Apple; Facebook at record high. LONDON, July 24- The euro pulled off 8- month lows against the dollar on Thursday after the bloc's private sector expanded at its fastest rate in three months in July, and emerging equities hovered near 17- month highs after strong Chinese data.

  • The company forecast that pretax profits for the 12 months to the end of September would be in the range of 545 million pounds to 570 million pounds and the range included the impact from situations in Israel, Egypt and Moscow.

  • MOSCOW, July 24- Most of Vladimir Paley's clients want him to dig up their family history with one goal in mind: making a case to obtain foreign citizenship and leave Russia.

  • MOSCOW, July 23- Russian officials on Wednesday lined up to dismiss the economic impact of Western sanctions imposed for Moscow's role in the Ukraine crisis, saying they were "peanuts" compared to what their country had to face during Soviet times.

  • No quick decision seen on tougher EU sanctions on Russia Wednesday, 23 Jul 2014 | 3:19 PM ET

    But the downing last week of a Malaysia Airlines plane over eastern Ukraine, killing 298 people, jolted the EU into action. Foreign ministers for the first time this week singled out sectors of the Russian economy that the EU might target with sanctions in protest at Moscow's actions in eastern Ukraine.