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  • FRANKFURT, July 30- Four months since its start, the European Central Bank's money-printing programme is showing promise, having so far warded off deflation in the face of tumbling oil prices and a financial crisis in Greece. It is still early to pass judgement on the quantitative easing scheme which started in March and will see the ECB spend 60 billion euros a...

  • *Corn, wheat up after previous session losses. SINGAPORE/ PARIS, July 30- Chicago soybeans gained more ground on Thursday, and have now risen 3.3 percent over three consecutive sessions, on concerns over a smaller planted area and ahead of the crop's key phase of development. Chicago Board of Trade August soybeans rose 1.0 percent to $9.93 a bushel by 1000 GMT, while...

  • VIENNA, July 30- Lufthansa unit Austrian Airlines is ready to expand its services to Iran to include flights to Isfahan and Shiraz, as soon as a good opportunity presents itself, the Chief Financial Officer of the Austrian group said on Thursday. Austrian Airlines, Lufthansa's Vienna- based platform into Eastern Europe, already offers daily flights to Iran's...

  • FRANKFURT, Germany _ Deutsche Bank AG on Thursday reported second-quarter earnings of $880.6 million. Deutsche Bank shares have risen 12 percent since the beginning of the year. Keywords: Deutsche Bank, Earnings Report.

  • "Prices are at unsustainable lows after an exaggerated selloff," said Carsten Fritsch, analyst at Commerzbank in Frankfurt. Benchmark Brent hit a low of $52.28 a barrel on Tuesday, its cheapest since Feb. 2 as an oversupply of crude and the rising dollar combined with worries over China, the world's biggest energy consumer. The Reuters survey forecast Brent would...

  • *Serbia says fears "humanitarian catastrophe". SUBOTICA, Serbia, July 30- Swifts darted in and out of nesting holes in the scrubland around an old brick factory in northern Serbia. A month from now Hungary says it will seal its border with Serbia with a 4- metre high, 175- km barrier to keep out migrants streaming through the Balkans, fleeing war, poverty and upheaval in...

  • PARIS, July 30- French carmaker Renault reported on Thursday that first-half profit surged on rebounding European demand- but not enough to meet soaring investor expectations from the recovery, or concerns about weaker pricing. Despite hitting its highest operating margin in a decade, at 4.8 percent, Renault's shares fell as much as 7.5 percent as investors...

  • THE HAGUE, Netherlands _ Royal Dutch Shell PLC on Thursday reported second-quarter profit of $3.99 billion. Shell Oil shares have declined 17 percent since the beginning of the year. Keywords: Shell Oil, Earnings Report.

  • PARIS, July 30- Sanofi reported lower second quarter sales for its strategic diabetes division on Thursday, hurt by continued pricing pressure in the United States, but it's biotech arm Genzyme recorded another quarter of double-digit growth, enabling the French drugmaker to beat forecasts overall. Forced to agree to increased rebates to maintain market...

  • PARIS— French carmaker Renault has reported a sharp rise in its first-half profit as the European car market rebounded strongly in the period. Renault on Thursday reported net profit of 1.4 billion euros, up from 749 million euros a year earlier. Renault's new registrations rose a modest 0.8 percent in the first half to 1.38 million units.

  • FRANKFURT, Germany— Deutsche Bank's net profit rose in the second quarter, but legal expenses stemming from investigations of the bank's past conduct also increased and the bank's new co-CEO said its financial performance was unsatisfactory. John Cryan said Thursday that Deutsche Bank needed to cut costs, shed unprofitable activities and improve "poor...

  • Renault said on Thursday its first-half profit rose sharply as a European market recovery and currency windfall overcame pricing setbacks.

  • PARIS, July 30- Renault said on Thursday its first-half profit rose sharply as a European market recovery and currency windfall overcame pricing setbacks for older models, driving margins to a 10- year high. "This is our best margin performance since 2005," Chief Financial Officer Dominique Thormann told reporters and analysts at Renault's...

  • BERLIN— Lufthansa says its earnings trebled in the second quarter compared with a year earlier, helped by falling fuel costs. Deutsche Lufthansa AG, which includes airlines such as Swiss, Austrian Airlines and Germanwings, on Thursday reported net earnings of 529 million euros for the April-June period, up from 173 million euros a year earlier.

  • FRANKFURT, Germany— Germany's Siemens AG says net profit fell slightly in the most recent quarter as better earnings from sales of medical equipment were offset by slower business at its power and gas division. Net profit eased 2 percent to 1.376 billion euros, down from 1.399 billion euros in the same quarter a year ago. Currency tail winds helped profit at...

  • SYDNEY— A sea-crusted wing part found on an island in the western Indian Ocean may be the first trace of Malaysia Airlines Flight 370 found since it vanished nearly a year and a half ago, and a tragic but finally solid clue to one of aviation's most perplexing and expensive mysteries. Air safety investigators— one of them a Boeing investigator— have identified the...

  • WASHINGTON— Air safety investigators have a "high degree of confidence" that aircraft debris found in the Indian Ocean is of a wing component unique to the Boeing 777, the same model as the Malaysia Airlines plane that disappeared last year, a U.S. official said Wednesday. A French official close to an investigation of the debris confirmed Wednesday that French...

  • PARIS— French and German executives from two of Europe's leading armored vehicle makers signed a long-awaited merger deal Wednesday aimed at creating a new European champion in the $50 billion annual terrestrial defense market. The tie-up between France's state-owned Nexter Systems and privately held German firm KMW was inked in Paris at the Defense...

  • PARIS, July 29- A Paris commercial court gave U.S. group XPO Logistics the green light on Wednesday to proceed with its post-purchase integration of French transport firm Norbert Dentressangle, throwing out an injunction sought by a U.S. hedge fund. The court also rejected XPO's request to extend a temporary injunction barring Elliott Capital Advisors from...

  • ATHENS, July 29- Greek Prime Minister Alexis Tsipras, struggling to contain a revolt in his left-wing Syriza party, said on Wednesday that his government would not implement reform measures beyond those agreed with lenders at a euro zone summit this month. At the same time, he is under pressure from Greece's creditors to go beyond the two packages of so-called...