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  • In afternoon trading, United Therapeutics' shares were up $24.56, or 26.8 percent, at $116.25, after earlier rising as much as 28.7 percent to a record $118.00.

  • *Palladium rises above $900 on supply worries. NEW YORK/ LONDON, Aug 29- Palladium rose to a 13-1/ 2- year high on Friday on worries over uncertain supplies from Russia, the world's largest producer of the metal, while gold prices eased on a dollar rise and gains in U.S. equities.

  • NEW YORK, Aug 29- Treasuries were steady on Friday, pausing a week-long rally, as investors remained focused on next week's highly anticipated European Central Bank meeting.

  • *Palladium rises above $900 on supply worries. NEW YORK/ LONDON, Aug 29- Palladium rose to a fresh 13-1/ 2- year high on Friday on worries over uncertain supplies from Russia, the world's largest producer of the metal, while gold prices eased on a dollar rise and gains in U.S. equities.

  • Financial daily Les Echos reported on Friday that negotiations, which first began before a planned $35 billion merger of Publicis and Omnicom Group Inc was unveiled in July 2013, restarted three months ago after the Omnicom deal fell through.

  • The crisis in eastern Ukraine has emboldened Europe and the United States to impose broad sanctions on Russia. But Europe finds itself in a precarious position, with almost a third of the natural gas the continent consumed in 2013 flowing from Russia, according to the U.S. Energy Information Administration.

  • REYKJAVIK/ STOCKHOLM, Aug 29- Iceland said a small volcanic eruption in the Bardarbunga volcano system that started in the early hours of Friday had stopped and it had lifted all airspace restrictions.

  • TOGLIATTI, Russia, Aug 29- AvtoVAZ, the Russian carmaker controlled by Renault-Nissan, may bring some parts production in-house as it struggles to get more competitive pricing and stamp out corruption in its local supply chain, senior executives said.

  • NEW YORK, Aug 29- Crude oil prices were headed toward their second straight monthly losses, despite rising on Friday on worries that the intensifying Ukraine crisis may bring more sanctions and as U.S. data portended strong demand in the world's largest oil consumer.

  • Europe closes flat after UK terror risk raised Friday, 29 Aug 2014 | 1:01 PM ET

    European closed mostly flat on Friday after the U.K. raised the odds of a terrorist attack on its soil to "severe" from "substantial"

  • The success is therefore a "monumental achievement," virologist Thomas Geisbert of the University of Texas Medical Branch wrote in a commentary on the paper, published online in Nature.

  • *FTSEurofirst 300, Euro STOXX 50 up 0.3 pct. *Euro STOXX 50 posts biggest monthly gain since Feb. LONDON, Aug 29- European shares eked out small gains in thin, choppy trade on Friday, helping one key euro zone index of blue chips record its biggest monthly rise since February.

  • Telecom Italia in a bind after losing GVT bid battle Friday, 29 Aug 2014 | 12:45 PM ET

    PARIS/ LONDON/ MILAN, Aug 29- Telecom Italia has lost a promising path to earnings growth by failing to secure Brazilian broadband business GVT and may now turn from hunter to hunted in a fast-consolidating telecoms industry.

  • Business events scheduled for the coming month Friday, 29 Aug 2014 | 12:39 PM ET

    WASHINGTON— Institute for Supply Management releases its manufacturing index for August, 10 a.m.; Commerce Department releases construction spending for July, 10 a.m.. WASHINGTON— Commerce Department releases factory orders for July, 10 a.m.; Federal Reserve releases Beige Book, 2 p.m..

  • Tesco shares slump after profit forecast slashed Friday, 29 Aug 2014 | 12:30 PM ET
    A customer carries Tesco-branded shopping bags as she leaves one of the company's stores.

    Shares in Tesco closed nearly 7 percent lower, after the supermarket slashed profit expectations for the year and cut its dividend.

  • LONDON, Aug 29- Copper edged higher on Friday as the euro steadied, but prices were still on track for their biggest monthly loss since March on worries that rising tensions in Ukraine could set back global growth and hit metals demand.

  • Business events scheduled for the coming week Friday, 29 Aug 2014 | 12:15 PM ET

    WASHINGTON— Institute for Supply Management releases its manufacturing index for August, 10 a.m.; Commerce Department releases construction spending for July, 10 a.m.. WASHINGTON— Commerce Department releases factory orders for July, 10 a.m.; Federal Reserve releases Beige Book, 2 p.m..

  • PARIS, Aug 29- French advertising agency Havas saw organic sales growth accelerate in the second quarter to hit 8 percent compared with the same period last year, outperforming larger rivals such as Omnicom and WPP.

  • *Russia proposes' corridor' for encircled Kiev troops. *NATO source says more than 1,000 Russian troops in Ukraine. LAKE SELIGER, Russia/ KIEV, Aug 29- Ukraine called on Friday for full membership in NATO, its strongest plea yet for Western military help after accusing Russia of sending in armored columns that have routed its troops on behalf of pro- Moscow rebels.

  • '99 Homes' brings US subprime crisis to Venice Friday, 29 Aug 2014 | 11:31 AM ET

    VENICE, Italy— Florida's realtors and tourism authorities will probably not be using "99 Homes" in their promotional material. The Sunshine State looks pretty shady in Ramin Bahrani's Orlando- set drama, one of 20 films competing for prizes at the Venice Film Festival.