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  • *Says impact of Russia sanctions on Yamal LNG uncertain. PARIS, July 30- French oil major Total stopped buying shares in Russia's Novatek when a Malaysian airliner was shot down over Ukraine, but it is still too early to gauge the impact of western sanctions against Russia, Total said.

  • KIEV, July 30- Ukraine's economy contracted by 4.7 percent year-on-year in the second quarter in a sign of the impact of fighting in the east of the country. Kiev had initially expected a 3- percent fall year-on-year in the whole of 2014 but the conflict has put additional strains on the state budget and deepened Ukraine's recession.

  • MOSCOW, July 30- VTB, Russia's second-largest bank by assets, called sanctions imposed by the United States "politically motivated" and "unjust" on Wednesday but said it was confident it could raise capital if needed.

  • *European shares slip as Total hurt by Russia. LONDON, July 30- The euro hit an eight-month trough against the dollar on Wednesday and German bond yields were at record lows ahead of inflation data expected to boost the case for further European Central Bank policy easing.

  • UPDATE 3-Brent steady around $108 in range-bound market Wednesday, 30 Jul 2014 | 4:40 AM ET

    *U.S., EU impose more sanctions on Russia over Ukraine. *Libya says oil output stays at 500,000 bpd despite unrest. The European Union and the United States imposed further sanctions against Russia on Tuesday, targeting its energy banking and defense sectors in the strongest international action yet over Moscow's support for rebels in Ukraine.

  • FOREX-Euro slides below $1.34, eyes on Fed and U.S. GDP Wednesday, 30 Jul 2014 | 4:32 AM ET

    LONDON, July 30- The euro fell below $1.34 on Wednesday for the first time since last November before German inflation data that was likely to add to the case for the European Central Bank pumping more money into a moribund economy.

  • Barclays chief applauds claw-back idea on bonuses Wednesday, 30 Jul 2014 | 4:24 AM ET

    LONDON— The chief executive of Barclays says that claw-back provisions on bankers' bonuses are a good idea in principle as the Bank of England prepares to publish new rules to punish executives who misbehave. Antony Jenkins told the BBC on Wednesday that such provisions are useful, though he we was awaiting the details.

  • *H1 EPS 101.8 pence vs forecast 102 pence. LONDON, July 30- British American Tobacco reported lower revenue and profit for the six months ended June 30, hurt by the strong British pound and a slight decline in volume.

  • Bank scandal tarnishes powerful Portuguese family Wednesday, 30 Jul 2014 | 4:11 AM ET

    The scandal bears the hallmarks of the recent European financial crisis, and the difficulties at Banco Espirito Santo— Portugal's largest bank— sent a shiver through global markets this month as investors feared Europe's closet contained more skeletons. Banco Espirito Santo's sudden difficulties turned out not to be systemic, however.

  • HONG KONG, July 30- China's institutional investment in property overseas rose 17 percent in the first six months of this year, with residential investment surging 84 percent, real estate services firm Jones Lang LaSalle said on Wednesday. San Francisco and Chicago followed with $548 million and $365 million, respectively.

  • UPDATE 1-Antofagasta posts higher quarterly copper output Wednesday, 30 Jul 2014 | 2:47 AM ET

    LONDON, July 30- Chilean miner Antofagasta posted a 5 percent quarter-on-quarter increase in its second-quarter copper output, slightly ahead of forecast, as it ramped up production after maintenance dented its first-quarter output.

  • Antofagasta posts higher quarterly copper output Wednesday, 30 Jul 2014 | 2:17 AM ET

    LONDON, July 30- Chilean miner Antofagasta posted a 5 percent quarter-on-quarter increase in its second-quarter copper output, slightly ahead of forecast, as it ramped up production after maintenance dented its first-quarter output.

  • *Says impact on Yamal LNG of sanctions on Russia still uncertain. PARIS, July 30- Total has stopped buying shares in Russia's Novatek the day of the downing of a Malaysia Airlines flight over Ukraine, but that it is still too early to gauge the impact of new sanctions against Russia, the French oil major's top revealed with its second quarter results on Wednesday.

  • Argentina, US bondholders meet as deadline looms Wednesday, 30 Jul 2014 | 12:22 AM ET

    NEW YORK— Argentina's economy minister emerged from daylong negotiations aimed at preventing a default Tuesday to say both sides had finally spoken for the first time, a development that raised hopes that a deal might be reached to avert a financial crisis.

  • HOUSTON, July 29- A high-stakes dispute over a tanker carrying $100 million in Iraqi Kurdish crude took a surprising turn on Tuesday when a U.S. judge said she lacked jurisdiction given the ship's distance from the Texas shore and urged that the case be settled in Iraq.

  • Messy situation as Argentina debt default looms Tuesday, 29 Jul 2014 | 6:05 PM ET

    LONDON, July 29- Argentina will find itself in its second default of the 2000 s on Thursday unless a last-minute deal is reached with holdout creditors who have rejected a debt restructuring deal. But Argentina and the creditors did not meet face to face.

  • Business Highlights Tuesday, 29 Jul 2014 | 6:03 PM ET

    SAN FRANCISCO— Dustin Moskovitz has learned a lot about communication since he teamed up with his college roommate Mark Zuckerberg to create Facebook a decade ago.

  • HOUSTON/ BAGHDAD, July 29- Iraq scrambled to gain control of a cargo of Kurdish oil worth $100 million off the Texas coast on Tuesday after the U.S. ordered its seizure in a bid by Baghdad to halt oil sales by the autonomous region of Kurdistan.

  • *Has said he will fight if Russia resists paying $50 bln claim. MOSCOW/ TEL AVIV, July 29- Former Yukos executive and top shareholder Leonid Nevzlin will face an uphill struggle getting any of the money he lost when the Russian oil giant was seized and nationalized after falling foul of the Kremlin.

  • *EU reaches deal on Russia sanctions, prompts short rally. Brent futures pared losses after news that European Union governments agreed on Tuesday to impose additional economic sanctions on Russia.