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  • FRANKFURT, July 31- Deutsche Bank is freezing 2015 cash bonuses for current and former management board members while German regulator BaFin reviews the bank's role in an interest rate manipulation scandal, two people familiar with the matter said. Deutsche Bank has been hit with over 9 billion euros in fines and settlements in the past three years, including a...

  • *Oil weighed by bearish Reuters July survey on OPEC oil. NEW YORK, July 31- Oil prices fell on Friday, with U.S. crude set to post the largest monthly drop since the 2008 financial crisis, after signs that top producers in the Middle East were continuing to pump at record levels despite a growing global gut. July's losses came on the back of a stock market tumble in top...

  • LONDON, July 31- Scientists and drug companies will continue to research the potential of alternative Ebola vaccines, despite a shot from Merck and NewLink Genetics proving 100 percent effective in a trial in Guinea. In the event, it proved about as safe as a flu vaccine, said University of Reading virologist Ben Neuman, but it was still not given to children or...

  • LONDON, July 31- Copper prices fell on Friday on persistent worries about demand in top consumer China, but losses were muted after weak U.S. data prompted a slide in the dollar. Three-month copper on the London Metal Exchange was down 0.4 percent at $5,240 tonne at 1435 GMT, after sliding as much as 1 percent in the morning and then bouncing briefly into positive...

  • Roche Romania told The Associated Press it was "fully cooperating" with anti-graft prosecutors and would provide the requested information. Some 61 homes and offices were searched in Bucharest and in the northwest of the country on Tuesday in a probe centered on a number of medical institutes and the way certain cancer medicines were purchased and...

  • BERLIN— Germany's justice minister on Friday questioned a decision by prosecutors to open a treason investigation against two journalists, a move that prompted strong criticism from free speech activists. Justice Minister Heiko Maas said he told the chief federal prosecutor on Friday that he doubts the leaked documents cited in the website's reporting...

  • *OPEC oil production up 140,000 bpd in July- Reuters survey. LONDON, July 31- Oil prices steadied on Friday as a sharp fall in the dollar balanced evidence of growing oversupply, with core OPEC producers pumping near record levels. Brent crude oil was down 25 cents at $53.06 a barrel by 1350 GMT.

  • *Rest of Europe and Brazilian business strong. PARIS, July 31- France's Carrefour said its turnaround plan was reaping rewards in Europe and Brazil, where strong performances helped it beat first-half profit forecasts. The company, which makes about three-quarters of it sales in Europe, is making price and cost cuts and expanding into smaller convenience...

  • BRUSSELS— The European Union is opening an in-depth probe into whether FedEx's proposed $4.9 billion takeover of Dutch company TNT would strangle competition in the massive market for small package deliveries. EU Antitrust chief Margrethe Vestager said Friday she had to "make sure that FedEx's takeover of TNT would not impede effective competition and...

  • *Germany risks becoming "sick man of Europe" again-expert. Elderly entrepreneurs unable or unwilling to pass the reins to the next generation could be putting in jeopardy the fate of some of the roughly 3.6 million firms that make up Germany's world-famous Mittelstand. The number of graying managers seeking to hand over their businesses has climbed to a record...

  • LONDON/ CAIRO, July 31- Imports of food, including wheat, are dropping sharply to Libya, which has the highest per capita bread consumption in the world, as foreign shippers run scared of making direct deliveries due to worsening turmoil. The risks are now so high ship owners should contact their insurers before each trip, said Jonathan Moss, head of transport with...

  • PARIS, July 31- French Prime Minister Manuel Valls said "important decisions" on the cancellation of a Mistral helicopter carriers deal with Russia would be taken soon. Russian media had reported earlier on Friday that Paris and Moscow had reached a compensation deal for the cancellation of the delivery of two French-made Mistral helicopter carriers,.

  • LONDON, July 31- Oil prices fell on Friday as concern over global oversupply intensified after oil producers' cartel OPEC indicated there would be no cuts in production despite a huge global oversupply. "All commodities are down," said Abhishek Deshpande, oil analyst at Natixis. Benchmark North Sea Brent crude headed for its fifth consecutive weekly fall after...

  • *Chicago wheat down more than 18 pct for July. Chicago Board of Trade front-month wheat rose 1.1 percent to $5.02 a bushel by 1111 GMT, edging away from the prior session's five-week low of $4.93-3/ 4. Crop scouts on the U.S. Wheat Quality Council's annual three-day tour of North Dakota and adjacent states projected spring wheat yield potential at 49.9 bushels per...

  • LONDON, July 31- Copper and most other base metals extended their downtrends on Friday on persistent worries about demand in top consumer China, leaving copper facing its biggest monthly loss since January. Investors remained on edge about demand in top metals consumer China, after an official warned that risks from a slowing economy must not morph into social...

  • The European Union's statistical agency, Eurostat, said Friday that the jobless rate stood at 11.1 percent in June, unchanged for a third straight month after declines earlier in the year. Among the euro member states, Greece had the highest rate at 25.6 percent and Germany the lowest level at 4.7 percent. The EU's executive Commission has been pushing hard to...

  • *ArcelorMittal has limited China exposure. BRUSSELS, July 31- ArcelorMittal, the world's largest steelmaker, said it would do better in the second half of the year than the first and kept its 2015 profit targets, despite cutting its global forecast for steel demand. ArcelorMittal, which produces 6 to 7 percent of the world's steel, repeated its 2015 for core profit...

  • PARIS— Google is rejecting an order by the French data privacy agency to remove search results worldwide upon request, saying European law allowing the' right to be forgotten' doesn't apply globally. "The Internet would only be as free as the world's least free place," the company wrote on its Europe policy blog. Europe's highest court ruled in May 2014 that people...

  • BERLIN— Switzerland's central bank is reporting a hefty loss for the second consecutive quarter after its decision to drop a cap on the franc's value against the euro sent the national currency soaring higher. The Swiss National Bank said Friday it lost 20 billion francs in the April-June period, nearly 18 billion francs of that on foreign-currency positions...

  • Iran is keen to recover market share that evaporated under U.S. and European Union sanctions designed to keep its exports at around 1 million bpd, down from 2.5 million bpd in 2011. Under the accord reached in Vienna on July 14, Iran will be subject to longer-term restrictions on its nuclear program in return for the removal of U.S., U.N. and European sanctions.