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  • *BMW to double range of China- made cars to six- CFO. BERLIN, July 16- BMW said on Wednesday it will raise capacity at its two Chinese plants by a third to 400,000 cars over the next two years, increasing its presence in the world's largest auto market.

  • LONDON, July 16- Britain's leading fraud prosecutor is evaluating material alleging UK aid might have been channelled to companies linked to James Ibori, a jailed Nigerian former oil state governor, a top government lawyer said on Wednesday.

  • FARNBOROUGH, England, July 16- Boeing finalised two orders for 787-9 Dreamliner planes with lessor MG Aviation Limited at the Farnborough Airshow on Wednesday, in a deal worth $499 million at list prices. MG ordered two 787-9 s in 2006 and now has four unfilled 787-9 s orders.

  • European shares recover as BES and miners bounce back Wednesday, 16 Jul 2014 | 6:14 AM ET

    *FTSEurofirst 300 up 1 pct, Euro STOXX 50 up 1.2 pct. LONDON, July 16- European equity markets recovered on Wednesday from losses in the previous session as a rebound in Banco Espirito Santo and in mining stocks lifted the region's bourses.

  • FARNBOROUGH, England, July 16- Canadian plane and train maker Bombardier on Wednesday reached the 500 mark for deals for its Q400 turboprop model and for its CSeries airliner with three contracts announced at the Farnborough Airshow.

  • *China Q2 GDP growth slightly higher than forecast at 7.5 pct. LONDON, July 16- Aluminium touched the highest levels in 13 months on Wednesday after data showed stronger economic growth in top metals consumer China amid producer cutbacks and eroding inventories. said Grant Sporre, head of metals research at Deutsche Bank.

  • ECB says euro lost ground as reserve currency last year Wednesday, 16 Jul 2014 | 6:00 AM ET

    FRANKFURT, July 16- The euro's share in global foreign exchange reserves fell further last year as central banks appeared to diversify their holdings but foreign investment into the euro zone rose, the European Central Bank said on Wednesday.

  • NEW YORK, July 16- KKR& Co LP's co-founders Henry Kravis and George Roberts have indicated they intend to stay at the buyout firm for at least five more years, but two men- Scott Nuttall and Joseph Bae- are emerging as front-runners to eventually succeed them.

  • LONDON, July 16- British workers' earnings grew at the slowest rate on record in the three months to May, one gauge showed, even as unemployment fell further, giving the Bank of England pause for thought as it prepares to start raising interest rates.

  • LONDON, July 16- Police forces across Britain have arrested 660 suspected paedophiles during a six-month covert operation to target people accessing indecent images of children online, Britain's National Crime Agency said on Wednesday.

  • July 16- Boeing Co said Qatar Airways finalized an order for 50 777-9 Xs wide-body jets, worth $18.9 billion at current list prices. If the rights are exercised, Qatar Airways' 777 X order would increase to 100 airplanes, valued at $37.7 billion at list prices, Boeing said in a statement.

  • MILAN- July 16- Italy's GTECH will buy U.S. slot machine maker International Game Technology for $6.4 billion including debt, shifting the lottery operator's centre of gravity away from its struggling domestic market.

  • FARNBOROUGH, England, July 16- Airbus and Boeing were set to resume their multi-billion dollar battle over new plane orders on day three of the Farnborough Airshow, with hopes reviving that Qatar Airways would firm up a deal for 50 Boeing 777 X planes.

  • Portuguese yields fall as market more optimistic on BES Wednesday, 16 Jul 2014 | 4:27 AM ET

    LONDON, July 16- Portuguese bond yields fell on Wednesday, with investors more optimistic that the country's largest listed bank can deal with the financial troubles faced by its founding family, although uncertainty remained high.

  • *Vietnam coastguard says rig being moved toward China's Hainan island. *Hanoi demands China keep rigs out of Vietnamese territory. Its movement toward Hainan is also likely to be welcomed by Washington, which had criticized China's decision to put the rig in waters disputed with Vietnam, calling it a "provocative" act.

  • Samsung battles on two fronts as Apple readies iPhone 6 Wednesday, 16 Jul 2014 | 4:23 AM ET

    SEOUL, July 16- Samsung Electronics Co Ltd is losing smartphone ground not only to cheaper Chinese rivals but also at the high end to Apple Inc, a survey showed, in an ominous sign for the South Korean giant as Apple readies to launch its next-generation iPhone 6..

  • *China data lifts stocks, oil and metals outlook. LONDON, July 16- Stocks rose in Europe on Wednesday after China reported economic growth figures that were slightly stronger than markets had expected, although the reaction in Asia was more muted. The China data helped push Shanghai zinc and London aluminium close to their highest in more than a year.

  • Common grade Thai 5 percent white rice was offered at $430 per tonne, up from $420 last week. In Vietnam, the price of low-quality 25- percent broken rice rose around 5 percent from $365 to $370 to $385 to $390 a tonne, the highest in nearly seven months, driven up by limited supply and regional buying, traders said.

  • Common grade Thai 5 percent white rice was offered at $430 per tonne, up from $420 last week. In Vietnam, the price of low-quality 25- percent broken rice rose around 5 percent from $365 to $370 to $385 to $390 a tonne, the highest in nearly seven months, driven up by limited supply and regional buying, traders said.

  • BEIJING, July 16- China's economic growth picked up slightly in the second quarter as a burst of government stimulus paid dividends, but analysts said Beijing will likely need to offer more support to meet its annual growth target as the property market slows.