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Economy News

RSS feedDisplaying articles 11 - 20 of most recent articles

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Brexit to crimp housing market, foreign buyers eye sterling bargains - poll By Jonathan Cable LONDON (Reuters) - Britain's vote to leave the European Union will have a negative impact on both prices and turnover in the UK housing market, with foreign investors set to benefit most from bargains among sterling-priced assets, a
Yahoo! News | 23 hours ago | comment? | recommend
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Zuma says backs South Africa finmin, can't intervene in probe By Mfuneko Toyana PRETORIA (Reuters) - South African President Jacob Zuma said on Thursday he backs Finance Minister Pravin Gordhan but cannot intervene in a police investigation over a suspected spy unit at the tax service, signalling a prolonged tussle
Yahoo! News | 23 hours, 49 minutes ago | comment? | recommend
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Deutsche Boerse, LSE submit merger to EU regulators for approval Deutsche Boerse and the London Stock Exchange Group have submitted their $29 billion merger deal to European Union competition regulators ahead of a Sept. 28 deadline for a preliminary review. The European Commission's antitrust department, whose app
Yahoo! News | Aug 25, 2016 11:08 AM [GMT] | comment? | recommend
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Chinese telecom firm ZTE books 9.3 percent rise in first half profit on 4G growth Chinese telecom equipment maker ZTE Corp on Thursday booked a 9.3 percent rise in first-half net profit as China's adoption of fourth-generation (4G) mobile technology offset the impact of restrictions on its U.S. operations. Profit reached 1.8 billi
Yahoo! News | Aug 25, 2016 10:40 AM [GMT] | comment? | recommend
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Zuma says has confidence in S.Africa finance minister, can't intervene South African President Jacob Zuma said on Thursday he has full confidence in Finance Minister Pravin Gordhan, who is under police investigation over a suspected spy unit at the tax service. Zuma said he could not intervene in the investigations despite t
Yahoo! News | Aug 25, 2016 10:02 AM [GMT] | comment? | recommend
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Spain's growth stagnates in second quarter Spain's economic growth stagnated in the second quarter, official data showed Thursday, as the country remains mired in political limbo after two inconclusive general elections. Overall, Spain -- which has been without a fully-functioning government
Yahoo! News | Aug 25, 2016 09:56 AM [GMT] | comment? | recommend
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Russia's biggest bank upbeat on 2016 Russia's largest lender Sberbank on Thursday announced it almost tripled its profits in the second quarter and predicted further stabilisation of the economy this year despite credit growth slowing. CEO German Gref said the results came on the back o
Yahoo! News | Aug 25, 2016 09:52 AM [GMT] | comment? | recommend
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South Africa's Zuma says has confidence in finance minister, can't intervene in probe JOHANNESBURG (Reuters) - South African President Jacob Zuma said on Thursday he has full confidence in Finance Minister Pravin Gordhan, who is under police investigation over a suspected spy unit at the tax service. Zuma said he could not intervene in the
Yahoo! News | Aug 25, 2016 09:46 AM [GMT] | comment? | recommend
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German firms see Brexit clouds approaching Germany is waking up to the threat of Brexit and could see weaker growth in 2017, analysts said on Thursday, after a key business confidence survey showed a sharp decline. "The German economy has fallen into a summer slump," Ifo president Clemen
Yahoo! News | Aug 25, 2016 09:42 AM [GMT] | comment? | recommend
Survey: German business confidence drops unexpectedly BERLIN (AP) A closely watched survey shows that business confidence in Germany, Europe's biggest economy, has dropped unexpectedly as managers' assessment of both the outlook and their current situation darkens.
Yahoo! News | Aug 25, 2016 08:13 AM [GMT] | comment? | recommend