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  • Dubai, European airlines divert flights over Iraq Wednesday, 30 Jul 2014 | 11:54 AM ET

    BAGHDAD— European airlines and a Dubai- based carrier are rerouting flights over Iraqi airspace as a security precaution amid fears that militants with the Islamic State group have weapons capable of shooting down planes, despite Iraq saying its skies are safe.

  • SINGAPORE, July 30- Boeing has this year raised by 7 percent its forecast for global demand for commercial airline pilots to 533,000 over the next 20 years, citing rising deliveries of aircraft and buoyant demand from the Asia Pacific. In June, Boeing said that airlines are projected to order 36,800 new planes worth $5.2 trillion over the next 20 years.

  • BERLIN, July 29- Major airlines are taking differing stances to flying over Iraq, reflecting the piecemeal approach airlines currently take to flying over conflict zones and ahead of an international meeting of industry representatives to discuss the issue.

  • July 29- JPMorgan Chase& Co, the biggest U.S. bank by assets, is slashing its technology support workforce in corporate and investment banking division following a revenue dip, Bloomberg News reported, citing people familiar with the matter. Offices affected include New York, Tampa, Chicago and Dubai, according to the report.

  • -Clyde Russell is a Reuters columnist. LAUNCESTON, Australia, July 29- China's refineries produced the most fuel on record in June and oil consumption reached the highest in 17 months, but there are still doubts as to the true strength of demand.

  • PARIS, July 28- European planemaker Airbus is set to lose its only Japanese customer for the A380 superjumbo as Skymark Airlines prepares to cancel an order for six jets worth more than $2 billion, industry sources said on Monday. An Airbus spokesman declined to comment on the threat to the Skymark order, which was first reported by Bloomberg News.

  • *South Korea, Japan refiners to take first two U.S. cargoes. *Iran condensate exports to China made at deep discounts. While buyers in Japan and South Korea have been willing to trial a U.S. grade of the super-light crude known as condensate, China has already locked in annual contracts with Tehran and is not expected to take any U.S. oil in the short-term.

  • 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.

  • Saudi bourse opening may double fund flows to Gulf Wednesday, 23 Jul 2014 | 11:42 AM ET

    *Saudi Arabia as big as other Gulf markets combined. DUBAI, July 23- The opening of Saudi Arabia's bourse to international investors may double the amount of foreign money flowing into the Gulf's securities markets, making it more attractive to invest in the region but also bringing new risks.

  • LONDON, July 23- Emerging equities hit new 17- month highs on Wednesday, buoyed by strong post-election gains in Indonesia and a rise in Russian stocks after a conciliatory tone from the Kremlin over the downed Malaysian Airlines jet.

  • In international flight, volatile conflicts abound Wednesday, 23 Jul 2014 | 3:26 AM ET

    And in Iraq, the al-Qaida breakaway group that has taken huge swaths of territory seized weapons depots all along the way.

  • In international flight, volatile conflicts abound Tuesday, 22 Jul 2014 | 7:06 PM ET

    And in Iraq, the al-Qaida breakaway group that has taken huge swaths of territory seized weapons depots all along the way.

  • *Saudis expected to follow quota model similar to China. RIYADH/ DUBAI, July 22- Saudi Arabia plans to open its stock market, the Arab world's biggest, to direct investment by foreign financial institutions in the first half of next year, the market regulator said on Tuesday.

  • RIYADH, July 22- Saudi Arabia's cabinet gave permission to the financial regulator to open the Arab World's biggest stock market to direct investment by foreign financial institutions. The opening of the Saudi market, capitalised at about $530 billion, is one of the most keenly awaited economic reforms in the world's biggest oil exporter.

  • 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.

  • *Gulf banks reducing loan fees, easing terms. *Eager to deploy cash supplies amid high oil prices. DUBAI, July 21- Cash-rich Gulf banks are grabbing a growing share of the region's loan market as they cut fees and ease terms, elbowing aside some of the foreign banks which used to dominate lending.

  • The increasingly deadly conflict between Israel and Gaza- based militants, fighting in eastern Ukraine and new sanctions on Russia over its perceived role in the Ukraine crisis were capping further advances in global equities, with MSCI's emerging index half percent off recent 16- month highs.

  • PARIS, July 20- The head of one of the world's largest airlines has called for an international meeting of carriers to agree a response to the downing of a Malaysian airliner, including a potential rethink of the threats posed by regional conflicts.

  • Why airlines didn't avoid risky Ukraine airspace Friday, 18 Jul 2014 | 3:02 AM ET

    The possibility that the civilian jetliner downed over war-torn eastern Ukraine with nearly 300 people onboard was hit by a missile could have profound consequences for the world's airlines. In the hours after Thursday's disaster involving a Malaysia Airlines jet, carriers around the globe began rerouting flights to avoid Ukraine.