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  • Oil drifts down despite China manufacturing bounce Thursday, 24 Jul 2014 | 3:17 AM ET

    Benchmark U.S. crude for September delivery was down 16 cents at $102.96 a barrel at 0650 GMT in electronic trading on the New York Mercantile Exchange.

  • LAUNCESTON, Australia, July 24- The election of reformist Joko "Jokowi" Widodo as Indonesia's new president has spurred hopes of a rapprochement with global miners and the scaling back of some of the nationalistic resource policies.

  • British manufacturing emerges from years in the shadows Thursday, 24 Jul 2014 | 2:30 AM ET

    CHELTENHAM, England, July 24- New business is coming from unexpected places to help power the whirring, high-tech lathes on the factory floor of Future Advanced Manufacture, one of the companies spearheading Britain's manufacturing revival.

  • DIARY - Top economic Events to Aug 7 Wednesday, 23 Jul 2014 | 8:01 PM ET

    Treasury Secretary Jacob Lew will deliver remarks at the Inaugural Rural Opportunity Investment Conference hosted by the White House Rural Council.

  • *U.S. crude stocks down 4 mln barrels, Cushing down 1.4- EIA. NEW YORK, July 23- Crude oil futures rose on Wednesday, as oil stockpiles in the United States fell more than expected and geopolitical tensions in Eastern Europe and the Middle East persisted.

  • NEW YORK, July 23- The U.S. dollar rose to eight-month highs against the euro on Wednesday as worries over tougher sanctions on Russia and their potential impact on fragile euro zone growth weighed on the single currency. Further escalation of tensions between Russia and Ukraine could weigh further on the euro if more trade sanctions are enforced on Russia.

  • Bundesbank chief urges Britain not to quit European Union Wednesday, 23 Jul 2014 | 3:30 PM ET

    *Weidmann says Britain gets economic lift from EU membership. LONDON, July 23- The head of the Bundesbank appealed to Britain on Wednesday to stay in the European Union, saying membership of the bloc had given the country an economic lift and posed little threat to London.

  • Oil gains on sharp drop in US supplies Wednesday, 23 Jul 2014 | 3:12 PM ET

    The benchmark U.S. oil contract for September delivery gained 73 cents to $103.12 a barrel on the New York Mercantile Exchange. Brent crude for September delivery, a benchmark for international oils, rose 70 cents to $108.03 on the ICE Futures exchange in London.

  • *U.S. crude stocks down 4 mln barrels, Cushing down 1.4- EIA. NEW YORK, July 23 (Reuters)- Oil futures rose on Wednesday, with U.S. crude outpacing Brent, after oil stockpiles in the United States fell more than expected. Brent crude for September delivery was up 9 cents at $107.42 a barrel at 12:59 p.m. EDT ( 1659 GMT), after slipping 35 cents in the previous session.

  • German city Hamburg seeks to ban Uber ride service Wednesday, 23 Jul 2014 | 12:59 PM ET

    HAMBURG/ FRANKFURT, July 23- Hamburg has told Uber, a U.S. car service whose smartphone app summons rides at the touch of a button, to stop operating in the German city, adding to resistance the company has faced globally from local regulators and taxi drivers.

  • Lisbon rallies as European shares edge higher Wednesday, 23 Jul 2014 | 12:56 PM ET

    *Investors keeping wary eye on Ukraine crisis. LONDON, July 23- Portugal's stock market outperformed other European bourses on Wednesday, rallying after investors bought stakes in the country's troubled lender Banco Espirito Santo.

  • The Stuttgart- based maker of cars and trucks has been trying to bounce back after rival Audi eclipsed Mercedes in 2011 as the world's second biggest luxury car maker behind BMW.

  • *To file criminal changes against Alstom imminently. David Green, who announced on Monday that the SFO would join U.S. prosecutors and regulators worldwide in investigating allegations of misconduct in the $5.3 trillion- per-day foreign exchange market, said he had "reasonable grounds" to suspect that an offence of serious or complex fraud was involved.

  • BRUSSELS, July 23- The European Commission on Wednesday put forward a target to improve energy savings by 30 percent as part of efforts to curb EU reliance on Russian gas imports.

  • First MH17 crash victims land in the Netherlands Wednesday, 23 Jul 2014 | 11:15 AM ET
    A Dutch cargo plane loaded with coffins holding the bodies of some of the Malaysian Airlines plane passengers, leaves for the Netherlands from Kharkiv airport, Ukraine, Wednesday, July 23, 2014.

    Two planes carrying the bodies of 40 Malaysia Airlines Flight MH17 victims landed amid a day of mourning. NBC News reports.

  • LONDON, July 23- GlaxoSmithKline cut its 2014 earnings outlook after sales fell by a worse-than-expected 13 percent in the second quarter as its all-important lung drugs struggled in the United States and a strong pound took a bite out of growth.

  • LONDON, July 23- Brent crude oil rose towards $108 a barrel on Wednesday as threats to supplies from oil-producing regions and a drop in U.S. oil stocks overshadowed a stronger dollar. The U.S. Energy Information Administration said U.S. crude stocks fell by 4 million barrels last week, more than expected, while gasoline and distillate stocks rose.

  • Fighter jets shot down, clash intensifies     Wednesday, 23 Jul 2014 | 10:24 AM ET

    NBC's Jim Maceda reports the latest details and shows unverified video of two Ukrainian fighter jets that were shot down in the vicinity where passenger plane MH17 was downed last week.

  • *Europe has 2 million bpd excess oil refining capacity. LONDON, July 23- Europe is coming under increasing pressure to close oil refineries as chronic over-capacity hits processing margins, dragging down group profits and hitting share prices.

  • FOREX-US dollar holds near 8-month highs against euro Wednesday, 23 Jul 2014 | 9:44 AM ET

    NEW YORK, July 23- The U.S. dollar held near eight-month highs against the euro on Wednesday as worries over tougher sanctions on Russia and their potential impact on fragile euro zone growth weighed on the single currency.