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  • NEW YORK, Aug 1- World stock markets traded lower on Friday following the previous session's Wall Street sell-off, while the dollar dipped after U.S. jobs data eased investors' worries Federal Reserve policymakers were tilting toward raising interest rates.

  • *Comment comes after India derails global trade talks over food security objections. NEW DELHI/ GENEVA, Aug 1- India is willing to sign a global trade deal, which it has torpedoed, if other World Trade Organization members can agree to its parallel demand for concessions on stockpiling food, senior officials in New Delhi said on Friday.

  • *Ohio refinery to undergo turnaround in 4 Q. Aug 1- PBF Energy Inc is taking some crude by rail at its Ohio refinery via a third party, but the company may build its own offloading facility there, Chief Executive Officer Tom Nimbley told analysts on Friday.

  • SAO PAULO, Aug 1- Brazilian food processor BRF SA does not expect to make large acquisitions in the near term, executives said on Friday, although the company may look at small regional partnerships to boost profits.

  • U.S. tightens restrictions for flights over Iraq Friday, 1 Aug 2014 | 10:33 AM ET

    WASHINGTON, Aug 1- The U.S. Federal Aviation Administration has restricted U.S. airlines from flying at or below 30,000 feet over Iraq, citing a "potentially hazardous situation created by the armed conflict" there.

  • PARIS, Aug 1- Shares trimmed losses and the dollar dipped on Friday after the U.S. reported job growth slowed more than expected in July and the unemployment rate unexpectedly rose, easing worries that interest rates will rise soon.

  • RIYADH, Aug 1- Saudi Arabia's King Abdullah criticised on Friday international inaction over Israel's offensive in Gaza, which he described as involving mass slaughter and "war crimes against humanity", in a speech read out on his behalf on state television.

  • SAUDI KING ABDULLAH CRITICISES INTERNATIONAL INACTION OVER ISRAELI OFFENSIVE IN GAZA, WHICH HE DESCRIBES AS A WAR CRIME.

  • *Tesla, GoPro both slip in premarket after results. NEW YORK, Aug 1- U.S. stock index futures were sharply lower on Friday amid investor caution ahead of the July payroll report and its implications for interest rate policy. *The decline in futures suggested that Thursday's dramatic selloff- the biggest for Wall Street in months- was poised to continue.

  • LONDON, Aug 1- Brent crude oil fell to a two-week low on Friday, slipping towards $105 a barrel as oversupply in the Atlantic basin and low demand outweighed worries over political tensions in the Middle East, North Africa and Ukraine. Worries over geopolitical risks to oil supply have eased despite escalating violence in parts of the Middle East and North Africa.

  • FRANKFURT, Aug 1- Allianz is poised to reappoint Michael Diekmann as chief executive in October, investors believe, possibly delaying tough choices on whether Europe's largest insurer expands its global presence or returns more cash to shareholders.

  • *Cuts outlook to more than $7 bln from about $8 bln before. *Iron ore price assumption cut to $105/ tonne from $120. BRUSSELS, Aug 1- ArcelorMittal SA, the world's largest steelmaker, cut its forecast for earnings this year after lower than anticipated iron ore prices ate into the profit of its mining business, sending its shares down some 6 percent.

  • LONDON, Aug 1- Brent crude oil fell below $106 a barrel on Friday as oversupply in the Atlantic basin and low demand outweighed worries over political tensions in the Middle East, North Africa and Ukraine. Worries over geopolitical risks to oil supply have eased despite escalating violence in parts of the Middle East and North Africa.

  • *India derails global trade talks over food security objections. Secretary of State John Kerry told Prime Minister Narendra Modi on Friday that India's refusal to sign a global trade deal sent the wrong signal, and he urged New Delhi to work to resolve the row as soon as possible.

  • *Dubai World proposes to make 1st big repayment early, delay 2nd. DUBAI, Aug 1- Economic recovery in Dubai is pushing both creditors and debtors to weigh new strategies in the $25 billion restructuring of state-owned Dubai World, one of the Middle East's largest ever debt deals.

  • *FTSEurofirst 300 down 0.4 pct, Euro STOXX 50 down 0.3 pct. *Gloomy outlook at Arcelor, Vinci also weigh. The euro zone Euro STOXX 50 index was down 0.3 percent at 3,106.17 points.

  • *India derails global trade talks over food security objections. *Bloc of member states could exclude India and forge ahead.

  • SYDNEY, Aug 1- Activity in China's vast factory sector expanded at the fastest pace in 27 months in July, while industry surveys across Asia showed a pick up in export orders that hinted at a long-awaited revival in global trade. The upbeat result was echoed in the HSBC/ Markit China measure of manufacturing which climbed to an 18- month peak of 51.7, from June's 50.7.

  • SINGAPORE, Aug 1- Brent crude held near $106 a barrel on Friday as ample supply continued to drag on prices a day after the benchmark posted its worst monthly performance since April 2013. U.S. crude futures for September delivery fell 16 cents to $98.01 a barrel, following a 6.8 percent decline last month, the biggest monthly loss since May 2012.

  • SINGAPORE, Aug 1- Brent crude held near $106 a barrel on Friday as ample supply continued to drag on prices a day after the benchmark posted its worst monthly performance since April 2013. U.S. crude futures for September delivery fell 13 cents to $98.04 a barrel, following a 6.8 percent decline last month, the biggest monthly loss since May 2012.