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Falling inflation a worry for Europe but also the world

LONDON (Reuters) – European Central Bank President Mario Draghi has moved closer to launching sovereign debt purchases and data this week will show just how dangerously low inflation has fallen in the $13 trillion euro zone economy. A sickly Europe … Continue reading

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Falling inflation a worry for Europe but also the world

LONDON (Reuters) – European Central Bank President Mario Draghi has moved closer to launching sovereign debt purchases and data this week will show just how dangerously low inflation has fallen in the $13 trillion euro zone economy. A sickly Europe … Continue reading

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Exclusive: China ready to cut rates again on fears of deflation

BEIJING (Reuters) – China’s leadership and central bank are ready to cut interest rates again and also loosen lending restrictions, concerned that falling prices could trigger a surge in debt defaults, business failures and job losses, said sources involved in … Continue reading

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Exclusive: China ready to cut rates again on fears of deflation

BEIJING (Reuters) – China’s leadership and central bank are ready to cut interest rates again and also loosen lending restrictions, concerned that falling prices could trigger a surge in debt defaults, business failures and job losses, said sources involved in … Continue reading

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Countdown to missed opportunity for EU economy

PARIS (Reuters) – The countdown has begun to what threatens to be a missed opportunity to revive Europe’s stalled economy. When European Union leaders meet on Dec. 18-19 under new management, they have a chance to launch a joint assault … Continue reading

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Countdown to missed opportunity for EU economy

PARIS (Reuters) – The countdown has begun to what threatens to be a missed opportunity to revive Europe’s stalled economy. When European Union leaders meet on Dec. 18-19 under new management, they have a chance to launch a joint assault … Continue reading

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Telecom firms call for change to BT’s business broadband ‘monopoly’

LONDON (Reuters) – Britain’s biggest telecoms service providers have filed a complaint to media regulator Ofcom demanding greater competition in the business broadband market, where they say BT BT.TN has an effective monopoly. The UK Competitive Telecommunications Association (UKCTA), said … Continue reading

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Telecom firms call for change to BT’s business broadband ‘monopoly’

LONDON (Reuters) – Britain’s biggest telecoms service providers have filed a complaint to media regulator Ofcom demanding greater competition in the business broadband market, where they say BT BT.TN has an effective monopoly. The UK Competitive Telecommunications Association (UKCTA), said … Continue reading

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Draghi throws ECB door open to money printing as global prospects dim

FRANKFURT (Reuters) – European Central Bank President Mario Draghi threw the door wide open on Friday for more drastic measures to prevent the euro zone from sliding into deflation, promising to use whatever means necessary as China also acted to … Continue reading

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Aviva in $8.8 billion deal to buy Friends Life after pensions shake-up

LONDON (Reuters) – British insurer Aviva (AV.L) said on Friday it had agreed terms on a possible deal to buy rival Friends Life (FLG.L) for 5.6 billion pounds ($8.8 billion) as British pension reforms put pressure on insurance companies to … Continue reading

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