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  • WASHINGTON, July 24- Israel and Gaza are already facing economic costs from the fighting between them that has raged for the past two weeks, a spokesman from the International Monetary Fund said on Thursday.

  • NEW YORK, July 24- Major global stock markets edged higher while the euro rose from an eight-month low against the U.S. dollar on Thursday following upbeat euro zone data and stronger-than-expected U.S. earnings.

  • LONDON, July 24- Gold dropped to its lowest level in a month on Thursday, extending an earlier fall to below $1,300 an ounce as robust economic data from the United States, China and the euro zone deterred investors from buying into safe-haven assets.

  • WASHINGTON, July 24- Israel and Gaza are already facing economic costs from the fighting between them that has raged for the past two weeks, a spokesman from the International Monetary Fund said 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..

  • NEW YORK, July 24- U.S. Treasury debt prices fell on Thursday after data showed initial jobless claims in the world's largest economy dropped to their lowest in more than eight years, but losses may be limited by safe-haven buying given ongoing tensions in the Middle East and Ukraine.

  • 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.

  • *Bourse opening follows labour, mortgage, other reforms. DUBAI, July 24- Saudi Arabia's decision to open its stock market to foreign investors is part of an accelerating series of economic reforms that may culminate in the most far-reaching change yet: higher domestic energy prices.

  • United 1st US airline to resume flights to Israel Thursday, 24 Jul 2014 | 9:22 AM ET

    NEW YORK— United Airlines will be the first U.S. carrier to resume flights to Israel after a two-day hiatus caused by combat in the Gaza Strip. The Chicago- based airline says it will resume service to Ben Gurion Airport in Tel Aviv with a 4:45 p.m. eastern flight from Newark Liberty International Airport in New Jersey.

  • 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.

  • July 24- U.S. weapons maker Raytheon Co reported a 13 percent rise in second-quarter profit, helped by cost cutting and favorable pension adjustments, and maintained its full-year forecast. Raytheon has been expanding its presence in Europe, Asia and the Middle East and beefing up its global supply chain in the face of tightening U.S. defense budget.

  • EASYJET SAYS TO RESUME FLIGHTS TO TEL AVIV AS SCHEDULED FROM FRIDAY 25 JULY.

  • Caterpillar 2Q profit rises, revenue declines Thursday, 24 Jul 2014 | 8:05 AM ET

    PEORIA, Ill.— Caterpillar's second-quarter net income rose 4.1 percent even as revenue slipped. Caterpillar— which also makes power systems that include large electrical generators and locomotive engines— earned $999 million, or $1.57 per share, in the quarter.

  • INSIGHT-Purge of minorities re-draws Iraq map Thursday, 24 Jul 2014 | 7:58 AM ET

    *Islamic State militants harry minorities after fall of Mosul. KABERLI, Iraq, July 24- A new map is being drawn across the plains of northern Iraq as Sunni militants of the Islamic State purge the rural landscape of religious and ethnic minorities that have co-existed for hundreds of years.

  • India pays 3rd tranche of oil dues to Iran -sources Thursday, 24 Jul 2014 | 7:28 AM ET

    *India owed Iran $4.6 bln for oil imports as of May 31. NEW DELHI, July 24- India paid a third and final instalment of $550 million to Iran on Thursday, three industry sources said, part of the frozen funds released to Tehran in the interim deal with world powers.

  • LONDON, July 24- Luxury carmaker Bentley, part of Germany's Volkswagen, expects to increase sales volumes this year by less than previously forecast, Chief Executive Wolfgang Duerheimer said on Thursday.

  • *Physical premiums in China increase, but imports down. LONDON, July 24- Gold broke below the psychological level of $1,300 an ounce for the first time in a week on Thursday as robust economic data from China and the euro zone deterred investors from buying into safe haven assets like the metal.

  • *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..

  • Official: Air Algerie flight 'probably crashed' 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, officials said. Air navigation services lost track of the MD-83 about 50 minutes after takeoff from Ouagadougou, the capital of Burkina Faso, at 0155 GMT, the official Algerian news agency APS said.

  • LONDON, July 24- Brent crude dipped below $108 a barrel on Thursday as unseasonably weak demand from European refiners and plentiful supplies offset strong Chinese factory data. Brent for September delivery was down 31 cents at $107.72 a barrel by 0909 GMT, after closing 70 cents higher on Wednesday.