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October, 22, 2016

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Business > Europe
Britain's annual inflation rate held steady last month, official data showed Tuesday, giving little indication that the post-Brexit collapse in the pound had lifted prices.
French business execs take to mopeds in 'anti-gloom' demo
Around 700 French executives and business chiefs zoomed down Paris' famed Champs Elysees avenue on battered blue mopeds Sunday in a bid to combat a climate of economic gloom.
French president to try to rescue TGV train factory in Belfort: PM
French President Francois Hollande will intervene this week to try to save the factory that made the country's first high-speed TGV train and is now under threat of closure, Prime Minister Manuel Valls said Sunday.
Nobody yet knows the winner of France's presidential election next year, but the smart money is on one loser: The 3-percent cap on government deficits enshrined in eurozone rules.
The European Central Bank held its record-low interest rates unchanged Thursday, a spokesman said, as analysts expected the bank to wait for a clearer picture to emerge of the Brexit impact before making any drastic policy changes.
Hard times
A man sleeps on a mattress on the sidewalk in central Madrid, Tuesday, Sept. 6. Spain's unemployment situation has seen little improvement in the past few years, with the jobless rate currently at around 23 percent.
Eurozone equities trod water Thursday ahead of the European Central Bank's interest rate decision, but London was buoyed by takeover news and Apple's latest iPhone launch, analysts said.
The euro struggled to break out against the U.S. dollar and yen Thursday ahead of a European Central Bank policy decision, with disappointing German factory output fanning fears about the EU's largest economy.
What to look out for from the European Central Bank meeting
Should the European Central Bank give another push to an economy that's not rolling fast enough to raise excessively low inflation?
Europe's stock markets rose Wednesday on the eve of a key interest rate decision from the European Central Bank, which is widely expected to maintain its stimulative monetary policy.
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