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  • *MSCI Asia hits 3- year peak, Nikkei up after Japan holiday. LONDON, July 22- European markets rode a global rebound in risk appetite on Tuesday helped by the first signs of cooperation from Ukraine's pro-Russian separatists over the downed Malaysian Airlines plane.

  • FOREX-Aussie ticks higher, yen eases back Tuesday, 22 Jul 2014 | 4:12 AM ET

    LONDON, July 22- The Australian dollar rose on Tuesday, the main mover on developed world currency markets, after the country's central bank chief said he was happy with current interest rate levels and made no attempt to talk down the currency.

  • *Credit Suisse to exit commodities trading. ZURICH, July 22- Credit Suisse Group AG reported its biggest quarterly loss since the peak of the financial crisis in 2008, the result of a 1.6 billion Swiss franc settlement with U.S. authorities over helping its clients evade taxes.

  • Credit Suisse in steep loss after US tax case Tuesday, 22 Jul 2014 | 3:36 AM ET

    GENEVA— Credit Suisse, Switzerland's second-biggest bank, posted a second-quarter net loss of 700 million Swiss francs Tuesday after paying the largest penalty ever imposed in a U.S. criminal tax case.

  • Business Highlights Monday, 21 Jul 2014 | 6:01 PM ET

    Microsoft makes design central to its future. Before Ralf Groene helped devise the look and feel of Microsoft's Surface tablet, he designed food— or "food concepts," he says, such as dried noodles that come wrapped around a pair of chopsticks and a fork that squeezes out sauce.

  • *U.N. Security Council to vote Monday on Ukraine resolution. DONETSK, Ukraine, July 21- A train carrying the remains of most of the almost 300 victims of the Malaysia Airlines plane downed over Ukraine left the site on Monday, after the Malaysian Prime Minister reached a deal with the leader of pro-Russian separatists controlling the area.

  • DONETSK, Ukraine, July 21- A train carrying the remains of most of the almost 300 victims of the Malaysia Airlines plane downed over Ukraine left the site on Monday, after the Malaysian Prime Minister reached a deal with the leader of pro-Russian separatists controlling the area.

  • KUALA LUMPUR, July 22- Malaysia has reached an agreement with Aleksander Borodai, leader of the separatist group in eastern Ukraine, to retrieve the bodies of the victims of MH17, Malaysian Prime Minister Najib Razak said on Tuesday.

  • *Poste willing to invest up to 40 million euros. ROME/ MILAN, July 21- Poste Italiane will only invest more money in Alitalia if it avoids taking on the airline's past liabilities, three sources close to the matter said on Monday, a condition likely to hamper a rescue deal with Etihad Airways.

  • BRUSSELS, July 21- For all the tough talk, Europe is unlikely to punish Russia over last week's downing of an airliner over Ukraine beyond speeding up the imposition of already agreed individual sanctions when the bloc's foreign ministers meet on Tuesday.

  • Thirst for US craft beer grows overseas Monday, 21 Jul 2014 | 12:35 PM ET

    The move also marks a continuing departure from the status quo of mass market lagers or stouts, demonstrating a willingness of American breweries to explore— and innovate— old world beer styles from Belgium, Germany and the United Kingdom.

  • SYDNEY/ NEW DELHI, July 21- India will firm up its position regarding a landmark global trade pact shortly before a Thursday deadline, a senior official said on Monday, setting up a nail-biting showdown over a deal it says should safeguard a $12 billion anti-poverty food program.

  • EU extends Iran sanctions hold-off until November Monday, 21 Jul 2014 | 10:34 AM ET

    BRUSSELS— The European Union has agreed to keep holding off on some sanctions against Iran as negotiations continue on a comprehensive deal restricting the Islamic republic's nuclear program. On Saturday, they were extended until Nov. 24. On Monday, the EU extended its suspension of those sanctions, also until Nov. 24.

  • *Economists say Germany's fundamentals still solid. BERLIN/ FRANKFURT, July 21- The German economy probably stagnated in the second quarter in the face of political tensions abroad, the Bundesbank said on Monday, but chances are its recovery will not be held up for long by conflicts on the rim of Europe.

  • BRUSSELS, July 21- For all the tough talk, Europe is unlikely to punish Russia over last week's downing of an airliner over Ukraine beyond speeding up the imposition of already agreed individual sanctions when the bloc's foreign ministers meet on Tuesday.

  • German supermarket tycoon Albrecht dead at 94 Monday, 21 Jul 2014 | 9:43 AM ET

    BERLIN— Karl Albrecht, co-founder of the Aldi grocery store empire and one of the world's richest people, has died in the western German city of Essen. Essen's city hall told The Associated Press that Albrecht was buried Monday in a family plot in a small ceremony in the city's Bredeney district where he lived.

  • BERLIN, July 21- Lufthansa, Europe's largest airline by revenue, joined rival Emirates in calling for an airline summit to discuss the industry's response to the downing of an airliner over Ukraine, saying international security protocols should be reviewed.

  • *But falls milder than when Ukraine crisis erupted. MOSCOW, July 21- Russian shares slid on Monday to a two-month low as Moscow came under fierce international pressure over the downing of Malaysia Airlines flight MH17 and European governments threatened to follow the United States in widening economic sanctions.

  • BRUSSELS, July 21- For all the tough talk, Europe is not likely to punish Russia over last week's downing of an airliner over Ukraine beyond speeding up the imposition of already agreed individual sanctions when the bloc's foreign ministers meet on Tuesday.

  • *Holcim says interest in assets has doubled in past 2 weeks. ZURICH/ PARIS July 21- Cement makers Holcim and Lafarge have received more than 100 expressions of interest in assets they must sell ahead of their planned merger, the Swiss company's chief executive said on Monday.