Tuesday 21 October 2014
 
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Europe

European car sales surge 6.4pc in Sept

New car sales in Europe accelerated by 6.4 per cent in September, the 13th month running of increases as a recovery in the market spreads across the continent, according to official data. The European Automobile Manufacturers Asso

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Ryanair sees plenty more growth within Europe

Ryanair's bid to become one of the world's biggest airlines will focus on higher-frequency routes and more domestic flights in core European markets rather than venturing further afield, its chief commercial officer said in an interview.

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Tata in talks to sell UK steel plants to Klesch

India's Tata Steel is in talks to sell loss-making European operations including mills in northern England and Scotland to Geneva-based Klesch Group, as it battles weak prices and tentative economic recovery. Tata, Europe'

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EU could save $80bn in imports as oil prices plunge

The European Union (EU) could save up to $80 billion in energy imports if oil prices remain low, providing some relief to households and companies in a region that has been laid low for the last five years. The price of oil has dr

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G20 on track to add $2trn to global economy

The Group of 20 leading nations say they are tantalisingly close to adding an extra $2 trillion to the global economy and creating millions of new jobs, but Europe's extended stagnation remains a major stumbling block. The fin

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Saudi king warns of terrorism threat to US, Europe

Saudi Arabia's King Abdullah said terrorism would soon spread to Europe and the US unless it is quickly dealt with in the Middle East, the Saudi state news agency reported late on Friday. The king made the statement during a r

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INTERVIEW: Europe must cut Russia dependence

Europe needs to enforce its energy strategy and will have to pay more for gas if it wants to improve the safety of supply and reduce its reliance on Russia, the head of the West's energy watchdog said. The 28 country European Union

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EU powers moot Gaza monitoring mechanism

Britain, France and Germany have floated the idea of creating a monitoring and verification mechanism for any future ceasefire between Israel and the Palestinians in the Gaza Strip to prevent future conflicts, a senior British diplomat said.

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New Bahrain firm eyes European VAT reclaim business

A new company in Bahrain that specialises in reclaiming value added tax (VAT) imposed by some European countries is looking to capitalise on its first mover advantage.   Acco

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Investcorp names EU investment advisory directors

Bahrain-based Investcorp, a global provider and manager of alternative investment products, has appointed four new corporate investment advisory directors in Europe. Investcorp’s advisory directors in Europe provide senior e

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