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May 23, 2017

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Business > Europe
'They stole my money': Greek dreams of retirement turn sour
A look at the problem through the stories of four pensioners.
 
This Brexit thing is like negotiating a trade accord backward: Merkel
German Chancellor Angela Merkel says the European Union will need mechanisms to deal with new rules in post-Brexit Britain that might distort competition.
 
The EU has fined Facebook 110 million euros for giving misleading in WhatsApp takeover
The European Commission on Thursday fined US social media giant Facebook 110 million euros ($120 million) for providing incorrect and misleading information on its takeover of WhatsApp.
 
Heart-shaped diamond sells for $13M, under auction estimate
A heart-shaped diamond billed as the largest of its kind to be auctioned off sold for less than the pre-sale estimate Wednesday, fetching a hammer price of 13 million Swiss francs (about $13.3 million.)
 
Sotheby's sells pink, blue diamond earrings for about $51M
Sotheby's sold a pair of pear-shaped diamond earrings at a hammer price of about $51 million Tuesday, though the 14.54-carat flawless Fancy Vivid Blue diamond that was the auction's highlight fell short of the expected range.
 
Britain's unemployment rate has dipped to 4.6 percent, the lowest level for 42 years, official data showed on Wednesday, three weeks before a general election.
 
Confidence among German investors inched up in May, buoyed by optimism for the future of the eurozone following Emmanuel Macron's election to the French presidency.
 
The EU raised Thursday its eurozone growth forecast, saying the recovery was gaining strength despite the elevated uncertainties of Brexit and the protectionist policies of U.S. President Donald Trump.
 
Industrial orders in Germany rose for the second month in a row in March, official data showed Monday, but not enough to cancel out a sharp dip early this year.
 
A closely watched survey indicates that economic growth across the 19-country eurozone struck a 6-year high in April.
 
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