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  • LONDON, Aug 7- In the face of sanctions that have frozen international lending to Russia, a small group of European banks are trying to refinance existing loans to big companies there in order to protect their business. Bank Austria, the central and eastern Europe arm of Italian bank UniCredit, said this week it expects to keep making solid profits in Russia.

  • PARIS/ BRUSSELS, Aug 7- European agriculture officials will on Monday set up a task force to analyse the impact of a Russian ban on EU food imports and expect to call an emergency meeting to coordinate an EU response, the European Commission said.

  • Russian shoppers face life without imported delicacies Thursday, 7 Aug 2014 | 12:05 PM ET

    *Russia bans Western food imports to retaliate against sanctions. MOSCOW, Aug 7- TsUM department store once showcased the Soviet Union's meager offering of consumer goods.

  • *Russia originally blamed food standards from Polish apple ban. NOWE GROBICE, Poland, Aug 7- Slawomir Kedzierski's workers had just finished loading 20 tonnes of Polish apples onto two trucks destined for Russia when news came through of the embargo.

  • MOSCOW/ KIEV, Aug 7- Moscow imposed a total ban on imports of many Western foods on Thursday in retaliation against sanctions over Ukraine, a stronger than expected measure that isolates Russian consumers from world trade to a degree unseen since Soviet days.

  • PARIS, Aug 7- Exchange operator Euronext posted a 4.6 percent increase in quarterly operating profit on Thursday, boosted by cost cutting and a rise in stock market listings, and said it would accelerate its cost-savings plan.

  • *Russia ban is in retaliation for Western sanctions. MOSCOW, Aug 6- Russia has escalated an economic battle set off by the crisis in Ukraine with a ban on all food imports from the United States and on fruit and vegetables from the European Union, dropping any pretence these might be for food safety reasons.

  • *Western bank still expects robust Russia profits. MOSCOW, Aug 6- Russia will ban all imports of U.S. food products as well as fruit and vegetables from the European Union after President Vladimir Putin ordered retaliation for Western sanctions against Moscow, a state news agency reported on Wednesday.

  • *NATO says Moscow could use "humanitarian" pretext to invade. MOSCOW/ DONETSK, Ukraine, Aug 6- Russia will ban all imports of food from the United States and all fruit and vegetables from Europe, the state news agency reported on Wednesday, a sweeping response to Western sanctions imposed over its support for rebels in Ukraine.

  • MOSCOW/ DONETSK, Ukraine, Aug 6- Russia has massed around 20,000 combat-ready troops on Ukraine's border and could use the pretext of a humanitarian mission to invade, NATO said on Wednesday, its starkest warning yet that Moscow could soon mount a ground assault against its neighbor.

  • UPDATE 4-Italy's economy slides back into recession Wednesday, 6 Aug 2014 | 11:56 AM ET

    *Economy unexpectedly contracts 0.2 percent in Q2. ROME, Aug 6- Italy slid into recession for the third time since 2008 in the second quarter, underlining the chronic weakness of the euro zone's No.3 economy and pressuring Prime Minister Matteo Renzi to complete promised reforms.

  • BRUSSELS/ DONETSK, Ukraine, Aug 6- Russia has massed around 20,000 combat-ready troops on Ukraine's border and could use the pretext of a humanitarian mission to invade, NATO said on Wednesday, its starkest warning yet that Moscow could soon mount a ground assault against its neighbour.

  • NEW YORK, Aug 5- Belgian pharmaceutical company UCB is exploring a sale of its Kremers Urban Pharmaceuticals Inc division, a U.S. specialty generics business that could fetch as much as $2 billion, according to people familiar with the matter. Other companies that are exploring similar sales include GlaxoSmithKline Plc, Sanofi SA and Merck& Co Inc..

  • *Aeroflot gets overflight fees, shares tumble. MOSCOW, Aug 5- Russian Prime Minister Dmitry Medvedev threatened on Tuesday to retaliate for the grounding of a subsidiary of national airline Aeroflot because of EU sanctions, with one newspaper reporting that European flights to Asia over Siberia could be banned.

  • *HSBC set to benefit from higher interest rates. LONDON, Aug 4- Europe's largest bank HSBC warned that regulators' zeal to punish wrongdoing was putting its staff off taking reasonable business risks, as it reported a 12 percent drop in first-half profit.

  • FRANKFURT/ ATHENS, Aug 4- Brussels is considering scrapping the troika that supervises Greek reforms to allow Athens to pursue its own plan to bolster the economy in return for a drip-feed of debt relief, European officials say.

  • BUSINESS-NEWS-SCHEDULE AT 1230 GMT / 8.30 AM ET Monday, 4 Aug 2014 | 8:56 AM ET

    LONDON- Europe's largest bank HSBC warns that regulators' zeal to punish wrongdoing is putting its staff off taking reasonable business risks, as it reports a 12 percent drop in first-half profit. Portugal in $6.6 bln rescue of Banco Espirito Santo.

  • *HSBC set to benefit from higher interest rates. LONDON, Aug 4- Europe's largest bank HSBC warned that regulators' zeal to punish wrongdoing was putting its staff off taking reasonable business risks, as it reported a 12 percent drop in first-half profit.

  • KIEV, Aug 1- Ukrainian President Petro Poroshenko said on Friday the military conflict with pro-Russian separatists in the east of the country must not be allowed to hold up economic reforms.

  • *Sanctions restrict Sberbank's access to EU capital markets. MOSCOW, Aug 1- Russia's top lender, Sberbank, faces rising borrowing costs and a squeeze on its margins after being included in the latest European Union sanctions over the Ukraine crisis.