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  • *Major indexes at session high after Russia report. NEW YORK, Aug 8- U.S. stocks rose Friday, with major indexes hitting session highs and erasing losses from the week, buoyed by news that Russia was ending military drills near the Ukrainian border that the U.S. had rapped as being "provocative."

  • European farmers feel Russian sanctions bite Friday, 8 Aug 2014 | 10:34 AM ET

    LONDON, Aug 8- European dairy firms halted production of cheese and butter destined for Russia and Norwegian salmon prices fell, as a wide array of small fresh food producers felt the first impact from Moscow's tit for tat ban on their goods.

  • Brooklyn nerds make an energy-efficient vodka Friday, 8 Aug 2014 | 9:04 AM ET

    Can energy-efficient distilling produce a better vodka? One Brooklyn distillery is giving it a try.

  • California drought can't stop bottled water industry Thursday, 7 Aug 2014 | 12:00 PM ET

    A third year of severe drought in California has dried up water supplies and imposed restrictions. Yet bottled water is still being produced there.

  • *Western bank still expects robust Russia profits. MOSCOW, Aug 6- Russia will ban all imports of U.S. food products as well as fruit and vegetables from the European Union after President Vladimir Putin ordered retaliation for Western sanctions against Moscow, a state news agency reported on Wednesday.

  • *Western bank still expects robust Russia profits. ESPOO, Finland/ MOSCOW, Aug 6- Finland warned on Wednesday that Russian retaliation against EU sanctions could push its economy into crisis, while President Vladimir Putin ordered curbs on food imports from countries that join the Western action over Ukraine.

  • *SABMiller shares down 2 pct; Rio Tinto shares flat. LONDON, Aug 6- Jan du Plessis is set to become chairman of two big global companies at the same time when he takes over the role at brewer SABMiller Plc next year in addition to his current position at Rio Tinto.

  • *Russia extends bans on food imports to Romanian beef. MOSCOW, Aug 6- Russia has extended food import bans to Romania, stepping up its response to more biting Western sanctions for its support for separatist rebels in Ukraine, though Moscow's measures could be rebounding on its own economy.

  • LONDON, Aug 6- Rio Tinto Chairman Jan du Plessis will become an independent non-executive director of brewer SABMiller Plc next month, with plans to become chairman next year. A spokesman for SABMiller, the world's second-largest brewer, said it was "not unusual for board members to have multiple roles on companies and other outside commitments".

  • Bob Kunze-Concewitz, CEO of Gruppo Campari, says the company's Aperol brand is it fastest-growing drink.

  • WASHINGTON, Aug 5- U.S. and African companies and the World Bank on Tuesday pledged more than $17 billion in investments in construction, energy and information technology projects in Africa to showcase U.S. economic interest in the fast-growing region.

  • Trevor Stirling, senior research analyst at Sanford Bernstein, discusses the impact of Russia sanctions on drinks giants.

  • *Offer now valued at A $5.20 a share vs A $4.70 rejected in May. SYDNEY, Aug 4- Australia's Treasury Wine Estates is opening its books to Kohlberg Kravis Roberts& Co LP after the private equity giant hiked its takeover offer to $3.15 billion, raising the prospect of a bidding war for the world's No.2 winemaker.

  • MOSCOW, Aug 4- Russia's consumer protection watchdog is preparing to suspend imports of "Kentucky Gentleman" bourbon, adding to a growing list of products Russia has banned since the West imposed new sanctions over Moscow's support of rebels in Ukraine.

  • *Offer now valued at A $5.20 a share vs A $4.70 rejected in May. SYDNEY, Aug 4- Australia's Treasury Wine Estates is opening its books to Kohlberg Kravis Roberts& Co LP after the private equity giant hiked its takeover offer to $3.15 billion, raising the prospect of a bidding war for the world's No.2 winemaker.

  • SYDNEY, Aug 4- Kohlberg Kravis Roberts& Co LP has raised its bid for Australia's Treasury Wine Estates to $3.15 billion, the world's No.2 winemaker said on Monday, adding it would grant the private equity giant access for due diligence. Treasury said KKR and Rhone Capital LLC had raised their bid by 10.6 percent to A $5.20 per share from the A $4.70 offered in April.

  • *Summit to showcase U.S. business interest in Africa. WASHINGTON, Aug 3- The United States will announce nearly $1 billion in business deals, increase funding for peacekeeping and commit billions of dollars to expanding food and power programs in Africa during a summit this week, U.S. and development officials say.

  • NEW YORK, Aug 3- Early this year, a New York State Lottery winner in Brooklyn approached Morgan Stanley with a problem: he needed to borrow hundreds of thousands of dollars before he collected his prize money. Making unusual loans is critical for Morgan Stanley.

  • 10 cocktails to impress friends, win over your boss Saturday, 2 Aug 2014 | 11:00 AM ET

    Mixologists opened nearly 11,000 bottles at this year's Tales of the Cocktail convention. What you'll want to drink this year.

  • For Patrón, an old tequila process is new again Friday, 1 Aug 2014 | 9:12 AM ET

    The new Roca Patrón uses an old-school production method that calls for a 2-ton volcanic rock.