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Western Europe

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  • *Carrefour profits rise in France, Brazil, Argentina. BERLIN/ PARIS, July 31- Two of Europe's top retailers, France's Carrefour and Germany's Metro, are making progress in their quests to revive performance in their home markets, with Metro rewarding its chief executive with a contract extension.

  • BERLIN, July 31- Volkswagen posted a lower operating profit in the second quarter and stuck to its guidance as emerging market volatility weighed on the German carmaker's results. Operating profit at Europe's largest automotive group dropped 3.1 percent to 3.33 billion euros, VW said on Thursday, matching the consensus forecast in a Reuters poll of analysts.

  • *India digs in heels as WTO trade deal deadline looms. NEW DELHI/ SYDNEY, July 31- The United States raised the issue of a stalled trade agreement during talks with India's finance minister on Thursday, a source at the meeting said, hours before a deadline passes for New Delhi to sign a deal backers say would boost the global economy.

  • Russia ordered to pay another $2.5 bln for Yukos Thursday, 31 Jul 2014 | 5:46 AM ET

    PARIS— The European Court of Human Rights on Thursday ordered Russia to pay out another 1.9 billion euros to a group of shareholders of Yukos, the oil company the government dismantled over a decade ago.

  • Russia tensions hurting European companies Thursday, 31 Jul 2014 | 5:07 AM ET

    A group representing Germany's machinery industry cut its output forecast sharply on Thursday, pointing to the uncertainty caused by political tension with Russia over its alleged role in destabilizing Ukraine.

  • Eurozone inflation down again but ECB seen on hold Thursday, 31 Jul 2014 | 5:00 AM ET

    BRUSSELS— The inflation rate in the 18- nation eurozone dropped again in July, official data showed Thursday, in a worrying sign that adds pressure on the European Central Bank to beef up its efforts to spur the economy.

  • Adidas pulls European stocks lower Thursday, 31 Jul 2014 | 4:29 AM ET

    PARIS, July 31- European shares fell in early trade on Thursday, led by Adidas after the group warned about business in Russia, while Argentina's default also rattled investors. Spanish stocks also underperformed, with Madrid's IBEX dropping 1.5 percent, as traders cited worries over Spanish companies' exposure to Latin America after Argentina's debt default.

  • PARIS, July 31- BNP Paribas' capital markets business grew by a fifth in the second quarter- a signal clients have shrugged off the U.S. sanctions busting affair that pushed France's biggest bank to a second-quarter loss.

  • *Madrid shares hit after Argentina defaults again. LONDON, July 31- Doubts about the health of Europe's economy dominated trade on its major stock markets on Thursday after a cautious message from the U.S.

  • *OPEC oil output rises in July from June- Reuters survey. LONDON, July 31- Brent crude slipped below $106 a barrel on Thursday as higher OPEC output and disappointing demand in the United States outweighed tensions in the Middle East, Africa and Ukraine.

  • MOSCOW/ STRASBOURG, July 31- The European Court of Human Rights awarded shareholders in Yukos 1.9 billion euros in compensation after the former oil company argued Russia had unlawfully seized it after imposing bogus taxes and via a sham auction.

  • MOSCOW/ STRASBOURG, July 31- The European Court of Human Rights awarded shareholders in Yukos 1.9 billion euros in compensation after the former oil company argued Russia had unlawfully deprived the company of its possessions by imposing bogus taxes and a sham auction of its key asset.

  • MOSCOW/ STRASBOURG, July 31- The European Court of Human Rights awarded shareholders in Yukos 1.9 billion euros in compensation after the former oil company argued Russia had unlawfully deprived the company of its possessions by imposing bogus taxes and a sham auction of its key asset.

  • Alcatel loss narrows in 2Q but revenue stagnates Thursday, 31 Jul 2014 | 4:07 AM ET

    PARIS— Telcommunications equipment company Alcatel-Lucent SA says its net loss narrowed in the second quarter thanks to lower accounting charges, while revenue stagnated and restructuring charges mounted.

  • Adidas issues profit warning on Russia, golf risks Thursday, 31 Jul 2014 | 4:01 AM ET

    BERLIN— Sports equipment maker Adidas has lowered its full-year profit target, citing risks in the Russian market and weakness at its golf business. Adidas AG, based in Herzogenaurach, Germany, said Thursday it now expects net profit of about 650 million euros this year, down from its previous forecast of between 830 and 930 million euros.

  • MOSCOW, July 31- Russia's consumer protection watchdog said on Thursday it had stopped imports of Ukrainian juice, Moscow's latest trade ban announced following new Western sanctions over Ukraine.

  • Siemens earnings up 27 pct in April-June quarter Thursday, 31 Jul 2014 | 3:36 AM ET

    BERLIN— Siemens says its net profit rose 27 percent in the April-June period after earnings a year earlier were weighed down by restructuring costs, though the strong euro hurt its revenue and new orders figures. Siemens said that the revenue and orders figures were held back by currency translation effects.

  • AB InBev earnings rise, sees US improving Thursday, 31 Jul 2014 | 3:15 AM ET

    AMSTERDAM— Budweiser brewer AB InBev SA, the world's largest beer maker, says sales and underlying earnings grew in the second quarter, with 7.2 percent growth in Brazil, thanks in part to the World Cup, and it sees an improving economic outlook in the U.S.

  • Sanofi 2nd quarter profit surges Thursday, 31 Jul 2014 | 3:02 AM ET

    PARIS— French drug maker Sanofi said Thursday its earnings soared in the second quarter thanks to lower accounting charges than a year earlier, and the company lifted it full-year profit forecast.

  • BOSTON, July 31- USB devices such as mice, keyboards and thumb-drives can be used to hack into personal computers in a potential new class of attacks that evade all known security protections, a top computer researcher revealed on Thursday.