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European Stocks Rebound as German Gloom Fuels ECB Hopes

Europe's stock markets rebounded Monday as investors bet that gloomy German economic data would help persuade the European Central Bank to continue its "accommodative" monetary policy, dealers said.

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Unilever to Halve Use of New Plastic

Anglo-Dutch commercial giant Unilever said Monday it will cut its use of new plastic by half by 2025 as pressure grows on multinational companies to do more for the environment.

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Greek Economy to Grow 2.8 Pct in 2020

Greece expects its economy to grow by 2.8 percent in 2020 whilst respecting fiscal pledges to the country's creditors, a draft budget released Monday said.

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U.S. Unemployment Falls to 50-Year Low of 3.5% in September

America's jobless rate tumbled in September to its lowest level in 50 years, helping assuage fears of an economic slowdown, according to government data released Friday.

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U.S. Trade Deficit Widens in August as Exports Slow

America's yawning trade deficit rose by nearly $1 billion in August as weakening foreign demand and the churning trade conflict ate into U.S. exports, the government reported Friday.

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Netflix Cooperating with Italy Tax Evasion Probe

Netflix on Thursday said it was cooperating with a probe into whether it evaded taxes in Italy, even though it has no office or employees in that country.

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Dubai Seeks Investment to Bolster Flagging Economy

With the highest tower in the world, grand commercial centres and artificial islands, Dubai projects an image of prosperity, even as the city-state races to court investors to bolster a flagging economy.

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Berlin Says Europe to React to U.S. Tariffs in 'Determined but Considered' Way

German Finance Minister Olaf Scholz said on Thursday Europe should react in a "determined way" to new tariffs on billions of dollars worth of European goods announced by the U.S.

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Nestle Sheds Skincare Brands

Swiss food giant Nestle said Wednesday it has finalized the sale of its skincare business to a group led by Swedish private equity firm EQT and the Abu Dhabi Investment Authority. 

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No-Deal Brexit Would Slam German Growth in 2020

Britain quitting the European Union without a deal on October 31 would deal a harsh blow to Germany's already stuttering economy in 2020, leading think-tanks said in Berlin Wednesday.

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