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  • GENEVA, July 24- India blocked an agreement on new global customs rules on Thursday, angering fellow members of the World Trade Organization who say Delhi's veto could be costly, economically and politically.

  • FRANKFURT/ DETROIT, July 24- Ford Motor Co and General Motors Co said on Thursday the crisis in Ukraine has exacerbated a sales slowdown in Russia, but the carmakers said they were on track to turn around their European operations after years of economic instability on the Continent.

  • At least eight European law firms are pitching their services to major U.S. law firms and Wall Street banks, hoping that U.S. companies considering an inversion choose Ireland, Britain or the Netherlands for their new tax domicile, according to people with knowledge of the matter.

  • *Hamas sticks to demand embargo on enclave be lifted. GAZA/ JERUSALEM, July 24- Gazan authorities said Israeli forces shelled a shelter at a U.N.-run school on Thursday, killing at least 15 people as the Palestinian death toll in the conflict climbed over 760 and attempts at a truce remained elusive.

  • *Hamas sticks to demand embargo on enclave be lifted. The Israeli military said its troops were fighting gunmen from Hamas, which runs Gaza, in the area and that it was investigating the incident.

  • UPDATE 1-Fiat and Peugeot dismiss latest tie-up report Thursday, 24 Jul 2014 | 12:11 PM ET

    MILAN/ LONDON, July 24- PSA Peugeot Citroen and Fiat Chrysler denied a Financial Times report on Thursday that the companies were preparing a merger to create the world's fifth-largest carmaker.

  • 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.

  • 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.

  • 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.

  • *Hamas sticks to demand embargo on enclave be lifted. GAZA/ JERUSALEM, July 24- Israeli forces shelled a U.N.-run school sheltering Palestinians in the northern Gaza strip, the Gaza health ministry said on Thursday, killing at least 15 people and raising the conflict's death toll to nearly 750..

  • 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.

  • Britain's easyJet to resume flights to Tel Aviv Thursday, 24 Jul 2014 | 8:57 AM ET

    LONDON, July 24- British low cost carrier easyJet said it will resume flights to Tel Aviv as scheduled from Friday 25 July after regulators lifted advice over flying into the Israeli airport.

  • Hermes names new womenswear designer Thursday, 24 Jul 2014 | 8:55 AM ET

    PARIS— French luxury powerhouse Hermes has named Nadege Vanhee-Cybulski as their new womenswear designer. The low-profile, 36- year-old French designer will replace Christophe Lemaire, whose departure was announced earlier this week and who will take his final bow in October.

  • PARIS, July 24- A 1.1 billion euro guarantee payment demanded by French judges of Swiss bank UBS reflects the size of the fine it could pay if found guilty of helping wealthy French customers avoid tax, the French prosecutor's office said on Thursday.

  • *BASF still sees slightly higher adj EBIT in 2014. FRANKFURT, July 24- BASF, the world's largest chemicals maker by sales, became the latest euro zone company to suffer from the strength of the euro, posting lower-than-expected earnings growth even as sales volumes rose.

  • LONDON, July 24- Britain's leading fraud prosecutor on Thursday charged a British subsidiary of French engineering group Alstom with three offences of corruption and three offences of conspiracy to corrupt after a five-year investigation.

  • 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.

  • *Hamas sticks to demand embargo on Gaza be lifted. GAZA/ JERUSALEM, July 24- Israel won a partial reprieve from the economic pain of its Gaza war on Thursday with the lifting of a U.S. ban on commercial flights to Tel Aviv, as fighting pushed the Palestinian death toll over 700..

  • Jet with 116 aboard 'probably crashed' in Mali Thursday, 24 Jul 2014 | 5:39 AM ET

    ALGIERS, Algeria— An Air Algerie flight carrying 116 people from Burkina Faso to Algeria's capital disappeared from radar early Thursday over northern Mali during a rainstorm, officials said.