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  • *EU to suspend new loans for Russia through EIB, EBRD. BRUSSELS, July 16- European Union leaders agreed on Wednesday to sanction Russian companies that help destabilize Ukraine and to block new loans to Russia through two multilateral lenders.

  • *EU steps up sanctions vs Russia over Ukraine. The 28 leaders did agree to step up sanctions against Russia over separatist violence in eastern Ukraine shortly after Washington also tightened the screw.

  • PUTIN SAYS IMF CASH FOR UKRAINE HAS ENDED UP IN PRIVATE BANKS OF UKRAINIAN BILLIONAIRES.

  • WASHINGTON, July 16- The United States will insist that India and other World Trade Organization members stick to promises around a global deal to lower trade barriers and speed up the passage of goods through customs, a top trade official said on Wednesday.

  • WASHINGTON, July 16- The United States will insist that fellow World Trade Organization members stick to promises around a global deal to lower trade barriers and speed up the passage of goods through customs, a top trade official said on Wednesday.

  • *Strike has forced Toyota, GM, Ford to halt production. CAPE TOWN, July 16- South Africa's main manufacturing union, NUMSA, said it has agreed a plan of action to intensify a three-week strike over pay that has hit car makers and construction companies.

  • EU leaders order tougher sanctions against Russia Wednesday, 16 Jul 2014 | 11:10 AM ET

    BRUSSELS— European Union leaders have ordered tougher sanctions against Russia because of its actions in Ukraine, asking the asked the European Investment Bank to sign no new financing agreements with Moscow.

  • U.S. to press for Bali trade deal to proceed as promised Wednesday, 16 Jul 2014 | 10:00 AM ET

    WASHINGTON, July 16- The United States will insist that fellow World Trade Organization members stick to promises around a global deal to lower trade barriers and speed up the passage of goods through customs, a top trade official said on Wednesday.

  • CORRECTED-FACTBOX-Names in the frame for top EU jobs Wednesday, 16 Jul 2014 | 9:21 AM ET

    BRUSSELS, July 16- European Union leaders meet on Wednesday to discuss candidates for several top jobs in the 28- member union after the election of former Luxembourg Prime Minister Jean-Claude Juncker as president of the executive European Commission.

  • But Russian shares fell for the third straight session, with a 0.5 percent fall as investors worried that Russia may be hit by another wave of sanctions for its involvement in Ukraine when European Union leaders meet later in the day.

  • FACTBOX-Names in the frame for top EU jobs Wednesday, 16 Jul 2014 | 6:44 AM ET

    BRUSSELS, July 16- European Union leaders meet on Wednesday to discuss candidates for several top jobs in the 28- member union after the election of former Luxembourg Prime Minister Jean-Claude Juncker as president of the executive European Commission.

  • VIENNA/ NAIROBI, July 16- A United Nations panel that monitors compliance with U.N. sanctions on Somalia has accused the country's president, a former minister, and a U.S. law firm of conspiring to divert Somali assets recovered abroad, according to a new report.

  • BRUSSELS, July 16- European Union leaders meet on Wednesday to pick the bloc's new foreign policy chief after choosing Jean-Claude Juncker to head the executive European Commission, but it may take some weeks before other top EU jobs are finally carved up.

  • BRUSSELS, July 16- European Union leaders meet on Wednesday to pick the bloc's new foreign policy chief after choosing Jean-Claude Juncker to head the executive European Commission, but it may take some weeks before other top EU jobs are finally carved up.

  • India may appeal parts of WTO steel ruling Tuesday, 15 Jul 2014 | 11:56 AM ET

    NEW DELHI, July 15- India said on Tuesday it may appeal against parts of a World Trade Organization ruling against countervailing U.S. duties on some of its steel exports, despite being partly vindicated in a trade dispute.

  • Employees who focus on reducing social and environmental damage from projects lack independence or incentives to do a good job, and the World Bank has little oversight over how well their advice is followed and how much money is devoted to safeguards.

  • World Bank, IFC commit $4.2 billion to Philippines Tuesday, 15 Jul 2014 | 7:49 AM ET

    MANILA, Philippines— The World Bank said Tuesday that it and its private sector arm have committed concessional loans of up to $4.2 billion to the Philippines to help the country reduce poverty, create jobs and sustain growth as it recovers from the impact of a devastating typhoon and separatist rebellion.

  • DEATH TOLL FROM EBOLA OUTBREAK IN GUINEA, LIBERIA AND SIERRA LEONE HITS 603- WORLD HEALTH ORGANIZATION.

  • EU's Juncker urges minimum wage in all EU countries Tuesday, 15 Jul 2014 | 5:09 AM ET

    STRASBOURG, France, July 15- Designated European Commission President Jean-Claude Juncker said on Tuesday he would work towards the introduction of a minimum social wage in each member state of the European Union.

  • AP Top Extended Financial Headlines At 8:31 p.m. EDT Monday, 14 Jul 2014 | 8:31 PM ET

    New UPS CEO backs foreign trade agreements, says company will focus on international growth BRICS bank: 5 emerging economic powers to announce alternatives to IMF, World Bank Distancing itself from financial meltdown, Citigroup agrees to $7 B settlement over mortgages US stocks march higher on acquisition and earnings news; Citigroup gains US companies look more to overseas combinations for tax relief back home AbbVie hikes offer to Shire once again, drugmakers enter detailed talks on combination Mylan to buy Abbott's branded generic-drug businesses outside US for $5.3 B in stock Oil stays near $101 a barrel; US gasoline prices slip to 3- month low Ernst& Young paying $4 M to settle SEC charges over lobbying Congress for 2 audit clients Samsung suspends business with Chinese supplier after child labor allegation