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Egypt's turmoil slows bank divestmentsThe dramatic worsening of Egypt's political situation in recent weeks has hurt investor sentiment, making disposals of Egyptian assets is increasingly diffcult for European banks desperate to More… |
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Oil hits three-month high on optimismBrent crude oil reached its highest in three and a half months on Wednesday at close to $115 a barrel after better-than-forecast European and US data spurred optimism in the global economy. More… |
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RBS tries to find fresh suitors for branch networkRoyal Bank of Scotland has sent sales documents to prospective buyers of the branches it is being forced to sell, in the hope it can draw up a shortlist next month, sources said. Information was despatched this week to trade buyer More… |
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Growth worries, US fiscal fears hit stocksEuropean shares fell for a second day running on Thursday, hit by evidence that the debt crisis has slowed euro zone economic activity and by persistent concerns about fiscal problems in the US. Economic growth in Germany, Europe& More… |
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Europe's economies risk more shrinking by year-endThe fourth quarter has so far brought no improvement in the fortunes of most of Europe's economies, which now risk shrinking more than previously expected, surveys showed on Tuesday. Purchasing managers indexes (PMIs), which g More… |
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UAE upbraids European Parliament resolutionThe United Arab Emirates has condemned a European Parliament resolution criticising its human rights record as "biased and prejudiced", accusing the chamber of insufficient research. The resolution, which was passed on F More… |
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Samsung wins 4 top European awardsSamsung Electronics, a global leader in digital media and digital convergence technologies, has won four awards from the European Imaging and Sound Association (EISA). The consumer electronics leader won the awards in categories of Euro More… |
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2 Nikon SLRs win top European awardsTwo Nikon digital SLR cameras were awarded the European Imaging and Sound Association (EISA) Photo Awards. The D4 has received the European Professional Camera of the Year 2012-2013 award, while the D800 bagged the European Camera More… |
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Gold near 3-month high on ECB hopesGold on Wednesday hovered near a 3-1/2 month high hit in the previous session, as investors remained hopeful the European Central Bank would soon take action to contain the region's debt crisis. Spot gold was little More… |
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Oil tops $100 on Iran tensions, stimulus hopesOil topped $100 a barrel for the first time in three weeks on Tuesday as tension over Iran kept oil supply concerns in focus and investors bet on further policy action to support global economic growth. Iran said on Tuesday it had successf More… |
