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Europe
28.04.2017
Stockholm (dpa) - Swedish power company Vattenfall said Friday its first-quarter net profit dropped 44 per cent year on year, citing a one-time gain on the previous year‘s result.The quarterly net profit was 3.78 billion kronor (428 million
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Europe
28.04.2017
Berlin (dpa) - German retail sales posted a surprise modest gain in March, underlining the key role that private consumption is playing in driving growth in Europe‘s biggest economy.Monthly retail sales edged up by 0.1 per cent in March
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Europe
28.04.2017
Brussels (dpa) - Annual eurozone inflation rose to 1.9 per cent in April, the European Union statistics office Eurostat said on Friday.Consumer prices were up 1.5 per cent in the previous month. The rise is mainly due to a spike in energy
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Europe
28.04.2017
Istanbul (dpa) - Turkey‘s tourism income decreased by 17.1 per cent in the first quarter of 2017 to 3.34 billion dollars, the state-run Turkstat agency reported Friday.The year 2016 had already seen sharp declines in the number of foreign
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Europe
28.04.2017
Stockholm (dpa) - China-owned Volvo Cars said on Friday that its first-quarter net profit rose 26 per cent compared to the same quarter last year, driven by strong sales in China and Western Europe.Net income for the period was 2.6 billion kronor
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Europe
27.04.2017
Frankfurt (dpa) - European Central Bank (ECB) chief Mario Draghi said he believes that the threat of a US-led move to protectionism had diminished but warned of the risks linked to Britain‘s plans to leave the European Union."Perhaps the risk
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Europe
27.04.2017
Frankfurt (dpa) - European Central Bank (ECB) chief Mario Draghi ruled out any shift in the monetary stimulus plan at its June meeting.He said the ECB had not discussed any plans for exiting its stimulus plan or options to be considered at the June
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Europe
27.04.2017
Brussels (dpa) - Eurogroup chief Jeroen Dijsselbloem said Thursday that getting Greece‘s economy back on track will be impossible without debt relief."Debt relief will be needed to find a solution," he said. "That‘s the only way that they
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Europe
27.04.2017
Frankfurt (dpa) - European Central Bank (ECB) chief Mario Draghi rejected market speculation that the ECB might consider pulling back from its ultra-loose monetary policy in the event the pro-European centrist Emmanuel Macron wins the French
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