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Wednesday, November 25, 2015
Eurozone finance ministers approved a 2 billion euro (US$2.1 billion) payment to Greece on Monday, declaring that Athens had successfully met the strict reform commitments demanded in the country's bailout.
Tuesday, November 24, 2015
Nuclear, renewable: S. Africa's new energy mix
Heavily reliant on coal-fired electricity, South Africa is launching ambitious new projects aimed at diversifying its energy sources and avoiding the regular power cuts that have hobbled the economy in recent years.
Eurozone business activity hit a four-and-a-half year high in November, helping create much-needed jobs in a broad-based upturn despite the impact on France of the Paris attacks, a key survey showed Monday.
Italy on Monday launched a rescue plan for four ailing banks to be financed by their healthy peers.
French private-sector business growth slowed in November, according to a survey published Monday, with some business leaders blaming the Paris attacks.
Monday, November 23, 2015
A tiny Swiss bank specialized in financing social and environmental projects will on Jan. 1 go where no retail lender has gone before, applying negative interest rates on individual clients.
Standard and Poor's raised the Netherlands back to its top AAA credit rating on Friday, saying the eurozone nation's economic recovery has gained traction.
Saturday, November 21, 2015
European Central Bank (ECB) head Mario Draghi said the chief monetary authority for the eurozone "will not hesitate" to expand its stimulus program at its next meeting if needed to support the economy.
Wednesday, November 18, 2015
Italian luxury jacket manufacturer Moncler said Monday it had won major damages from a Beijing-based counterfeiter in what it described a landmark application of new Chinese trademark legislation.
A key measure of German economic optimism rose more than expected thanks to strong domestic demand from consumers -- and showed little impact from the terror attacks in Paris.
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