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The European Commission said on Tuesday it had approved the acquisition of aluminium automotive body sheets producer Aleris by its larger competitor Novelis on the condition that it sells Aleris’s … Read More
World trade will grow by 1.2% this year and by 2.7% in 2020, the World Trade Organization (WTO) said on Tuesday, revising an earlier forecast as trade conflicts between the … Read More
The dollar bulldozed almost everything in its path on its way to a 29-month high on Tuesday, as a blizzard of soft global data left the U.S. economy as the … Read More
Oil prices rebounded on Tuesday on reports that output from the world’s largest oil producers fell during the third quarter, although a resumption in Saudi supply and demand concerns kept … Read More
Ryanair boss Michael O’Leary said Britain’s Civil Aviation Authority was partly to blame for the chaos surrounding Thomas Cook’s bankruptcy and should make tougher licensing demands to prevent airline collapses … Read More
The possibility of a fiscal crisis is the biggest risk to doing business globally, according to a survey of World Economic Forum business leaders published on Tuesday, though there were … Read More
Britain’s decision to leave the European Union will have no long-term impact on Ryanair, Chief Executive Michael O’Leary said on Tuesday, adding that the UK would need an EU trade … Read More
German drugmaker Bayer on Tuesday said it is to spend more than 25 billion euros ($27.22 billion) on research and development at its agriculture unit over the next 10 years. … Read More
Euro zone inflation slowed further year-on-year in September because of cheaper energy, but the core measure excluding such volatile components rose, the first estimate from the European Union’s statistics office … Read More
Most Asian currencies edged lower against a stronger dollar on Tuesday, with the South Korean won weakening the most after dismal inflation and exports data stoked bets of further monetary … Read More