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Latest Articles in europe

Banks Struggle To Ride To The Rescue In Europe's Cash Crunch Battle

Deutsche Bank and Commerzbank said on Monday they had received thousands of queries from mainly small and medium-sized business clients for the KfW credits.

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HSBC To Shed Assets Worth $100 Billion And Slash 35,000 Jobs Over Three Years

Europe's biggest bank by assets, which makes the bulk of its revenue in Asia, said profit before tax tumbled by a third to $13.35 billion in 2019, far below the average estimate of $20.03 billion from brokerages.

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German Industry Output Suffers Biggest Slump Since 2009

Industrial production tumbled by 3.5% on the month, undershooting expectations for a 0.2% fall, data from the Statistics Office showed.

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Renault Expects Slight 2020 Car Market Decline In Europe, Russia And China

Renault has suffered since August 2018 from the closure of the Iranian market where the company sold had around 101,000 vehicles.

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Exim Bank Rings Bell At India INX With $1 Billion 10-Year Bond Listing

V Balasubramaniam, the Managing Director and CEO of India International Exchange (INX), was also present on the occasion.

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HSBC Axes CEO Flint After Only 18 months In Role To Speed Up Growth

The departure comes as Europe's biggest bank is grappling with headwinds including an escalation of a trade war between China and the United States, an easing monetary policy cycle, unrest in the key Hong Kong market and uncertainty about Brexit.

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ArcelorMittal Cuts Steel Demand View On Europe Slump

The Luxembourg-based company, which accounts for about 6% of the world's steel production, on Thursday said it now expected global apparent steel consumption, which includes inventory changes, to rise between 0.5% and 1.5% in 2019, from a previous forecast of 1%-1.5%.

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N Chandrasekaran Re-appointed As Director Of Tata Motors

In a regulatory filing, the company also said Nasser Munjee, Vinesh Kumar Jairath, and Falguni Nayar have ceased to be independent directors upon completion of their terms.

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Unilever Second-Quarter Sales Growth Falls Short Of Estimates

The maker of Dove soap and Ben & Jerry's ice cream said underlying sales rose 3.5% in the second quarter

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Indian Government Encourages Investment In the EU, Says MJ Akbar

"Our government is trying to change the balance of powers in the society and building a new India"

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Protectionism In US, Europe A Bit Worrisome: ADB

The Asian Development Bank on Wednesday said the emerging orientation in the US and Europe for protectionism on trade is "worrisome" but not realistic enough to break the global economy

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'Indians Love To Visit Spain On Traditional Itineraries'

In an interview with BW Businessworld, Ignacio Ducasse Gutierrez, Tourism Counselor, Embassy of Spain in India and Director, Tourism Office of Spain in India, speaks on what all Spain is doing to make it the most desirable destination for the Indian travellers

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Restructuring Of Tata Steel's Europe Operations Crucial, Says S&P

Restructuring of Tata Steel's European operations is crucial for company's consolidated financial health, S&P Global Ratings said on Thursday

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Kardashian Back In US After Being Held At Gunpoint In $10 Million French Robbery

Reality TV star was in France for Paris Fashion Week; Kardashian was not beaten but the robbers put a handgun against her temple before tying her up

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Zara Founder's Real Estate Assets Top 6 Billion Euros In 2015

Amancio Ortega's controlling stake in Inditex amounts to 59.29 per cent, with a stake of just over 9 per cent held separately to Pontegadea Inversiones

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