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British economy suffers ‘notable slowdown’

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Britain’s economy grew by just 0.3% in the second quarter, confirming fears of a marked slowdown as the country prepares to exit the European Union. The rate of growth over the previous quarter represents a slight improvement on the 0.2% expansion posted... More »

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Europe’s central bank is done cutting rates

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Super Mario is getting ready to take his foot off the gas. The European Central Bank on Thursday removed any reference to future interest rate cuts from its policy statement thanks to an improving economic outlook for the region. ECB President Mario Draghi sai... More »

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China and Europe are moving forward without Trump

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The United States and Europe appear to be hurtling toward a messy breakup. China, meanwhile, is ready to pounce. Beijing is in prime position to capitalize on major policy fissures that have emerged between Europe and the Trump administration on climate, trade... More »

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Airlines in focus; Euro takes a hit; Futures flat

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Click chart for more in-depth data. 1. A tale of two airlines: British Airways owner IAG (BABWF) shed 4% on Tuesday after a major IT failure forced the airline to cancel thousands of flights over the holiday weekend. British Airways’ computer system has ... More »