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Nutella Maker Ferrero Spreads into Biscuits

Nutella maker Ferrero said Monday it had bought Belgium's Delacre for an undisclosed sum as it seeks to spread from chocolates to biscuits.

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Italy Vote Won't Trigger New Euro Crisis, Ministers Say

The eurozone will not be plunged back into crisis by Italy's referendum vote and the resignation of Prime Minister Matteo Renzi, ministers from the single currency area insisted Monday.

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China Criticizes U.S. Decision to Block Aixtron Deal

China Monday criticized a US.. decision to block a Chinese company's purchase of German semiconductor equipment maker Aixtron, saying business should not be politicized.

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Trump Threats May Not Stop U.S. Offshoring of Jobs

President-elect Donald Trump's threats to retaliate against U.S. companies planning to shift operations overseas constitute a new risk for multinationals, but may not sway those already planning to offshore jobs.

Trump laid down the gauntlet on Thursday at a campaign-style rally after striking a deal with Carrier to keep about 1,100 jobs in Indiana in exchange for $7 million in state tax incentives over 10 years.

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Spanish Seek to Recover Properties Seized in Cuban Revolution

When Arturo Gonzalez's father fled Cuba half a century ago all he could take with him on the flight to Madrid was a suitcase with his clothes -- and his glasses.

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EU, IMF 'Going in Circles' on Greek Debt Relief

Eurozone finance ministers meet Monday as far apart as ever on the debt relief measures demanded by the International Monetary Fund for it to back their bailout program for Greece.

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Egypt Hikes Tariffs on Imported Goods

Egypt is raising tariffs on some imported goods to up to 60 percent following a decree by President Abdel Fattah al-Sisi, the finance ministry said Sunday.

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OPEC Deal Boosts Iran Budget

Iran's President Hassan Rouhani presented his budget Sunday, with OPEC's decision to cut production helping to boost its expected oil revenues.

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EU Banks at Risk from Bad Loans, Low Profit

The greatest risks facing European Union banks are high levels of bad loans and lower profitability, the bloc's financial regulator said in a report Friday.

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Erdogan Urges Turks to Convert Foreign Currency to Lira

President Recep Tayyip Erdogan urged Turks on Friday to convert their foreign currencies into gold and lira to stimulate the country's economy as the lira continued its slide against the dollar.

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