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  • Aug 14- Network equipment maker Cisco Systems Inc said it would take restructuring charges of $700 million in cash in the year ending July 2015 related to its plan to cut 6,000 jobs. Cisco shares were down 1.5 percent at $24.82 in premarket trading on the Nasdaq.

  • Suffering a third cut-off of natural gas supplies from Russia in under nine years, and with political relations in crisis, Ukraine is desperate to become less dependent on Russian gas, but at the same time to provide more reliable transit for the Russian gas that Europe needs.

  • PRAGUE, Aug 14- Slovakia's prime minister criticized European Union sanctions against Russia over Ukraine, saying they would only threaten economic growth in the 28- member bloc. Russia cut gas supplies to Ukraine on June 16 in a dispute over unpaid bills but so far has continued to supply gas which Ukraine sends on to Russia's other customers.

  • RIYADH/ DUBAI, Aug 14- Seventy-year-old Saudi Arabian stock speculator Mohamed al-Otaibi says he lost hundreds of thousands of dollars in the crash of 2006, but he's back trading again as the Arab world's biggest bourse prepares to open to direct foreign investment.

  • BAGHDAD, Aug 14- The governor of Iraq's Sunni heartland Anbar Province said he had asked for U.S. support in the battle against Islamic State militants because opponents of the group may not have the stamina for a long fight.

  • Cisco to take $700 mln in restructuring charges in 2015 Thursday, 14 Aug 2014 | 6:41 AM ET

    Aug 14- Network equipment maker Cisco Systems Inc said it would take restructuring charges of $700 million in cash in the year ending July 2015 related to its plan to cut 6,000 jobs. Cisco said $250- $350 million of the charges would be recognized in the first quarter.

  • *Chinese academic took "huge rewards" from Qualcomm- Xinhua. BEIJING, Aug 14- Qualcomm Inc, under investigation for possible monopolistic practices in China, said it had no direct financial links with an antitrust expert sacked from a government advisory post after state media reported he had received payments from the firm.

  • LONDON, Aug 14- Gold edged higher on Thursday as the dollar weakened and sluggish U.S. and European economic data prompted investors to switch positions from riskier assets such as equities to safer bets. Spot gold rose 0.2 percent to $1,315.20 an ounce by 1003 GMT, while U.S. gold futures for December delivery were up $2.10 an ounce at $1,316.60.

  • *Copper prices to fall to $6,600 in months ahead- Goldman. LONDON, Aug 14- Copper fell to its lowest level since late June on Thursday on concerns about demand for the industrial metal after data showing Europe's biggest economy shrank in the second quarter and the Chinese property sector cooled.

  • KIEV, Aug 14- Ukraine's parliament approved a law on Thursday to allow gas transit facilities to be leased on a joint venture basis with participation from firms in the European Union or United States.

  • SYDNEY, Aug 14- More wealthy Chinese are moving their money out of China to invest in Australia's property market as a corruption crackdown in the world's second biggest economy gathers momentum, property consultants and lawyers said.

  • *Germany surprises by slipping into contraction. BERLIN/ BRUSSELS, Aug 14- The euro zone economy ground to a halt in the second quarter of the year, drained of vigor by contraction in Germany and stagnancy in France.

  • *Germany surprises by slipping into contraction. BERLIN/ BRUSSELS, Aug 14- The euro zone economy ground to a halt in the second quarter of the year, drained of vigour by surprisingly shrinking growth in Germany and stagnancy in France.

  • By Paul Carrel and Eva Taylor. FRANKFURT, Aug 14- Euro zone inflation will be weaker than previously expected this year and next, an updated survey for the European Central Bank indicated on Thursday, darkening the euro zone's economic outlook.

  • *Outlook for Q3 bleak due to Russia- Ukraine tensions. BERLIN, Aug 14- Europe's largest economy Germany suffered a surprise contraction in the second quarter, raising doubts about whether it can prop up growth across a continent where tougher sanctions against Russia are already fueling business anxiety.

  • LONDON, Aug 14- Brent crude oil fell towards $104 a barrel on Thursday as a contraction in the German economy underscored sluggish demand in Europe while supply remained strong despite conflict in key exporting countries Iraq and Libya.

  • BRUSSELS, Aug 14- Agricultural officials from all 28 European Union countries began emergency talks on Thursday to weigh the impact of Russia's ban on Western food imports and whether to compensate EU farmers.

  • The discovery of the deceit last month crippled the company and undermined credibility in Spain's stock market just as the country recovers from a four-year recession. Spain's judicial system does not require a formal plea and Garcia Martin has not given one.

  • Euro zone growth grinds to a halt Thursday, 14 Aug 2014 | 5:01 AM ET

    *Germany, Italy contract, France stagnant. BRUSSELS, Aug 14- Euro zone's economy unexpectedly stalled in the second quarter of the year dragged down by shrinking growth in Germany and stagnant France, ringing alarm bells about the health of the bloc's economy bracing for impact of sanctions against Russia.

  • TOKYO, Aug 14- Foreign investors sold a record amount of Japanese stock futures last week, when fears that violence in Ukraine and the Middle East could disrupt global growth pushed the country's share prices to two-month lows, exchange data showed on Thursday.