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.
Oil prices had slipped Thursday after spiking earlier in the week on lower U.S. inventories and tensions in Ukraine and the Middle East. Benchmark U.S. crude for September delivery rose 2 cents to $102.09 a barrel on the New York Mercantile Exchange.
*Lafarge confirms 2014 targets, says forex hit to lessen. PARIS, July 25- Cement maker Lafarge, which is preparing to merge with Swiss peer Holcim, stuck to its full-year targets on Friday and said it was seeing the first signs of recovery in Europe.
PARIS— French soldiers recovered a black box from the Air Algerie wreckage site in a desolate region of restive northern Mali on Friday, officials said.
*Hamas sticks to demand embargo on enclave be lifted. *One killed in West Bank march is support of Gaza. United Nations Secretary-General Ban Ki- moon expressed horror at the Thursday attack on the school at Beit Hanoun in the northern Gaza strip.
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.
WASHINGTON— Nearly 300 passengers perish when their plane is shot out of the sky. Less than one in 2 million flights last year ended in an accident in which the plane was damaged beyond repair, according to the International Air Transport Association.
*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.
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.