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  • OPEC oil output rises in July on fragile Libyan rebound Wednesday, 30 Jul 2014 | 8:08 AM ET

    That could hinder OPEC's ability to boost output later in the year, when the International Energy Agency expects demand for OPEC crude to rise. Outages in the group, such as in Iraq and Libya, are effectively helping OPEC to balance the market, rather than voluntary cutbacks, say analysts.

  • *U.S., EU impose more sanctions on Russia over Ukraine. While there has been no major disruption to oil supplies due to tensions in the Middle East, Africa or Europe, fears that exports could be curtailed underpin crude prices.

  • *HeidelbergCement, Holcim confirm outlook for 2014. FRANKFURT, July 30- Cement makers HeidelbergCement and Holcim stuck to targets for a rise in 2014 earnings, saying solid growth in North America and cost cuts should offset unfavorable currency effects, which weighed on second-quarter results.

  • LONDON, July 30- Russian shares posted their biggest jump in a month on Wednesday as investors were relieved that new sanctions announced by Brussels and Washington on Tuesday were as expected and not tougher. The United States added three state-owned banks to its sanctions list- VTB, Russian Agricultural Bank and Bank of Moscow.

  • MOSCOW, July 30- Russia announced a ban on most fruit and vegetable imports from Poland on Wednesday and said it may extend the restrictions to the rest of the European Union, its first apparent retaliation to new Western sanctions imposed over Ukraine a day earlier.

  • Airbus expects stable revenue despite order loss Wednesday, 30 Jul 2014 | 6:34 AM ET

    PARIS— European aerospace company Airbus says it expects its revenue to remain stable this year despite a big cancellation recently for some of its large A350 planes. Airbus competes fiercely with Chicago- based Boeing Co. in the global market for large civilian aircraft.

  • MOSCOW, July 30- Russia announced a ban on most fruit and vegetable imports from Poland on Wednesday and said it may extend the restrictions to the rest of the European Union, its first apparent retaliation to new Western sanctions imposed over Ukraine a day earlier.

  • MOSCOW, July 30- Russian assets rallied on Wednesday, shrugging off a new round of Western economic sanctions on Moscow as investors deemed the punitive measures less severe than first feared and analysts said their impact was already priced in.

  • PARIS, July 30- PSA Peugeot Citroen reported a surprise surge in first-half cash flow and the first auto-division profit in three years, sending the French carmaker's shares soaring as its turnaround plan began to show results.

  • *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 nationalised after falling foul of the Kremlin.

  • *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.

  • 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.

  • German central bank chief: higher wages justified Wednesday, 30 Jul 2014 | 4:12 AM ET

    BERLIN— The head of Germany's central bank says higher wages would be justified in the country as the economy flourishes, and is putting the potential for raises at 3 percent.

  • Total leads European shares lower on Russia worries Wednesday, 30 Jul 2014 | 4:06 AM ET

    PARIS, July 30- European stocks dipped on Wednesday, with shares in oil major Total falling on worries over its investments in Russia and after posting a drop in profits.

  • MOSCOW, July 30- Shares in Russia's second-largest bank VTB slid over 3 percent at the start of trading on Wednesday, but the broader stock market rose as investors had priced in the impact of a new wave of Western sanctions.

  • MOSCOW, July 30- Shares in Russia's second-largest bank VTB, targeted by the latest sanctions from the United States, opened down 3 percent on Wednesday, while the broad stock market and the rouble were stable.

  • PARIS, July 30- Airbus Group on Wednesday reported first-half underlying operating profit up 10 percent and reaffirmed its forecasts for the year, seeking to dampen concerns among some investors about the health of the commercial jetliner market.

  • *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.

  • MOSCOW, July 30- Moscow shares, bonds and the rouble will most probably weaken at the open on Wednesday, after the European Union announced its widest sanctions yet against the Russian economy.

  • West seeks to inflict more economic pain on Russia Wednesday, 30 Jul 2014 | 1:33 AM ET

    WASHINGTON— Citing Russia's stalled growth rate and a flow of foreign capital out of Moscow, U.S. and European officials hope a new round of sanctions targeting energy and defense entities, as well as major banks, will deepen Russia's economic pain even further and force President Vladimir Putin to end provocations in Ukraine.