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Britain Could Lose 4,000 Deutsche Bank Jobs over Brexit

Deutsche Bank could move up to 4,000 jobs away from Britain, the group's compliance chief said Wednesday, as Germany's largest lender struggles to work out the consequences of Brexit.

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Germany Expects Quick Deal with Greece on Debt

Germany expects Greece's international creditors to agree soon to unlock billions of euros in crucial bailout loans, a senior finance ministry official said.

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Banks Lending More Freely again in Early 2017

European businesses and households enjoyed easier access to credit in the first quarter of 2017, the European Central Bank said Tuesday, reversing tighter lending conditions seen at the end of last year.

A loosening of the standards banks use to judge creditworthiness "continued across all loan categories" as banks compete for borrowers' business, the ECB said in a press release.

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Greek Creditors Return in Urgent Bid for Bailout Cash

Greece's creditors resume a long-delayed audit Tuesday in an urgent bid to unlock billions of euros in bailout loans needed for a looming July payment deadline.

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Alitalia Says Workers Reject Rescue Plan

Alitalia workers have rejected a restructuring deal from the company's management and unions to save the ailing carrier, the company said Tuesday.

Almost 90 percent of its 12,500 employees participated in a vote and more than half those taking part opposed the deal.

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LafargeHolcim CEO to Step Down over Syria Probe

French-Swiss cement maker LafargeHolcim said Monday its chief executive Eric Olsen is stepping down following an internal investigation into the company's activities in Syria. 

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Stocks, Euro Surge as France's Macron Favored for Presidential Win

Europe's stock markets and the euro surged Monday after moderate candidate Emmanuel Macron won the first round of France's presidential election and looked set to triumph in the run-off against far-right candidate Marine Le Pen next month.

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Euro Rises Sharply after First Round of French Election

The euro rose sharply Monday as markets breathed a sigh of relief as first-round numbers showed centrist French presidential candidate Emmanuel Macron leading far-right eurosceptic Marine Le Pen.

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Trump Believes in 'Reciprocal' Free Trade, Says Treasury Chief

The United States, which is considering new protectionist policies, believes in "free and fair" trade, U.S. Treasury Secretary Steven Mnuchin said Saturday.

"President Trump's agenda is to make sure that we have free and fair trade and I think, as you know, the United States is probably the most open trading market there is for both goods, services and investment," Mnuchin said.

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China's Quota Threat Charges Up Electric Car Market

China's electric-car market is already the world's biggest, but a government proposal to introduce "new energy" vehicle quotas for automakers is further charging it up.

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