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Lufthansa profits take off despite strikes and crash

The oil price fall helped airline, Deutsche Lufthansa AG post better-than-expected Q2 earnings, in spite of the Germanwings crash and labor disputes.
Source: CNBC.com | By: Alexandra Gibbs
What's fueling Chinese real estate 'feeding frenzy'?  

Barry Sternlicht, Starwood Capital CEO, shares his thoughts on Chinese investing in U.S. real estate in an attempt to find yield.
Source: CNBC.com
COLUMN-Minding the gaps in the copper cost curve: Andy Home

LONDON, July 30- When the going gets tough, there's always the cost curve. On the London Metal Exchange, benchmark three-month copper this week hit a low of $5,164 per tonne, a level last seen in 2009.. So far only a handful of smaller mines have been shuttered but this week brought news that Freeport McMoRan, one of the world's biggest copper producers, is running the...
Source: Reuters | By: Andy Home
UPDATE 2-Spain's economy motors on at fastest pace since before financial crisis

MADRID, July 30- Spain's economy grew at its fastest rate since 2007 in the second quarter with more growth expected ahead, although the pace of recovery may flag as the effect of supportive cheap money and low inflation starts to wear off. Since Spain emerged from a prolonged downturn in mid-2013, economic growth has been driven by a steady rise in consumer...
Source: Reuters | By: Sarah White and Julien Toyer
Microsoft's new deal is about connecting devices

Microsoft's Azure cloud continued its partnering frenzy, joining forces with Jasper to help connected device makers deal with data overload.
Source: CNBC.com | By: Ari Levy
China's little secret: a thriving, free market in shares

China this month shut the door for new initial public offers on its two main exchanges to stop more money draining out of these markets, but the freeze did not apply to the NTB, which is not a formal exchange and is aimed at professional investors. An over-the-counter market, the NTB has been a hive of new listings since the freeze in Shanghai and Shenzhen took hold,...
Source: Reuters | By: Elzio Barreto
Upbeat earnings lift European shares, China still a drag

LONDON, July 30- European equities were set for their third straight day of gains on Thursday, with results from Siemens, Nokia and Deutsche Bank underpinning signs of a euro zone recovery. However, worries over China's growth and an emerging-markets slowdown weighed on companies including Anheuser-Busch InBev, while French carmaker Renault warned of a "...
Source: Reuters | By: Lionel Laurent
UPDATE 2-Britain's recovery gives boost to Santander profits, revenues

*British arm becomes main profit engine, Spain lags. MADRID, July 30- A buoyant performance from its British business helped Spain's Santander to increase second-quarter revenues, offsetting a weaker home market and driving an 18 percent rise in net profit. Europe's economic recovery is starting to help and a turnaround in the British market has made this the...
Source: Reuters | By: Sarah White and Jesús Aguado
Sony quarterly profit up 3-fold on currency gains, sensors

TOKYO- Sony said quarterly profit rose threefold as foreign exchange gains and sales of image sensors and Playstation 4 software helped offset declines elsewhere. Sony blamed the loss on a fall in licensing revenues, noting last year's performance benefited from the strong performance of The Amazing Spider-Man 2 and 22 Jump Street. The higher demand for...
Source: The Associated Press
UPDATE 1-Spain's Santander posts strong rise in profits, revenues

MADRID, July 30- Santander, the euro zone's biggest bank by market value, on Thursday reported an 18 percent rise in second-quarter net profit, helped by rising revenues in Britain and the United States, which countered a weaker home market. In Britain, which now accounts for just over a fifth of Santander's profits, edging ahead of its major profit engine Brazil,...
Source: Reuters