HOUSTON, July 25- Exxon Mobil Corp is considering a multibillion-dollar plan to expand its Beaumont, Texas, refinery into the country's largest, the first major refining investment of the U.S. shale oil boom, people with knowledge of the deliberations said.
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.
NEWYORK/ LONDON, July 25- Rupert Murdoch's Twenty-First Century Fox Inc said on Friday it would only consider deals that are "disciplined" and increase shareholder value, a move analysts said signalled the media company does not want to overpay for takeover target Time Warner.
*Hong Kong protests weigh on already weaker Chinese demand. PARIS, July 25- The outlook for the luxury goods industry darkened on Friday as poor results from industry leader LVMH showed how the strong euro and political protests in Hong Kong were major factors curbing spending by Chinese and Russian customers.
*Whereabouts of dozens of victims in Sierra Leone unknown. FREETOWN, July 25- Sierra Leone officials appealed for help on Friday to trace the first known resident in the capital with Ebola whose family forcibly removed her from a Freetown hospital after testing positive for the deadly disease.
BRUSSELS— European Union ambassadors reached a preliminary deal Friday on stepped-up sanctions against Russia, targeting its access to European capital markets and trade in the defense sector, dual-use goods and sensitive technologies.
*CFO says Danone 2020 plan is "not a strategic review". PARIS, July 25- Food group Danone is confident of hitting full-year targets despite a weak first-half as it looks to a stabilization of European dairy revenues this year and the launch of new baby food products in China.
BRUSSELS, July 25- European Union ambassadors reached a preliminary agreement on Friday to push ahead with hard-hitting economic sanctions against Russia over the Ukraine crisis but details remained to be worked out, diplomats said.
MOSCOW— Having for months dismissed Western sanctions on Russia as toothless, business leaders here are now afraid that the crash of the Malaysian jetliner will bring about an international isolation that will cause serious and lasting economic damage.
*Lafarge confirms 2014 targets, says forex hit to lessen. PARIS, July 25- Cement maker Lafarge said on Friday it was well on track for its planned merger with Swiss peer Holcim and was seeing the first signs of recovery in Europe. Lafarge shares rose after the group said it was confident of completing its deal with Holcim in the first half of 2015..
*BSkyB shares fall 3 pct. LONDON/ PARIS, July 25- Britain's BSkyB has agreed to pay $9 billion to buy Rupert Murdoch's pay-TV companies in Germany and Italy, taking its hunt for growth into Europe by creating a media powerhouse with 20 million customers.
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.
PARIS, July 25- Poor weather was the most likely cause of the crash of an Air Algerie flight over the West African state of Mali with 116 people on board, French officials said on Friday.
PARIS, July 25- Investigators have concluded the Air Algerie flight with 116 people on board broke apart when it hit the ground, French officials said on Friday, suggesting this meant it was unlikely to have been the victim of an attack.