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Updated: 20 hours 19 min ago

France to pay Ecomouv 403 million euros for scrapping ecotax toll

Fri, 02/01/2015 - 10:25
MILAN (Reuters) - France will pay Ecomouv net indemnity of 403 million euros (314 million pounds) in March for scrapping an "ecotax" toll road project, Italian highway group Atlantia said on Friday.






Merkel ally urges ECB not to buy struggling states' bonds

Fri, 02/01/2015 - 10:22
BERLIN (Reuters) - A senior member of Angela Merkel's party warned the European Central Bank not to pour money into Greece and other struggling euro zone states through bond purchases, saying this would reduce pressure on them to enact much-needed reforms.

Russia oil output hits post-Soviet high, small firms help

Fri, 02/01/2015 - 10:13
MOSCOW (Reuters) - Russia's 2014 oil output hit a post-Soviet record high average of 10.58 million barrels per day (bpd), rising by 0.7 percent helped by small non-state producers, Energy Ministry data showed on Friday.






UK consumer lending soars as mortgage approvals edge down

Fri, 02/01/2015 - 09:52
LONDON (Reuters) - Lending to British consumers surged at its fastest rate in nearly a decade in the three months to November, and business lending showed some signs of picking up despite a continued slowdown in the housing market.






German manufacturing returns to growth in December - PMI

Fri, 02/01/2015 - 08:59
BERLIN (Reuters) - A boost in new orders helped Germany's manufacturing sector return to growth in December, a survey showed on Friday, fanning hopes for a modest recovery in Europe's largest economy.






French factory activity at four-month low in Dec - PMI

Fri, 02/01/2015 - 08:52
PARIS (Reuters) - - French factory activity shrank at the fastest rate in four months in December, suggesting the private sector weighed on growth in the final quarter of 2014, a survey by data compiler Markit showed on Friday.






Italy December factory activity shrinks at fastest pace in 19 months - PMI

Fri, 02/01/2015 - 08:46
ROME (Reuters) - Italian manufacturing activity shrank in December at the fastest pace in 19 months, a survey showed on Friday, a sign the euro zone's third-biggest economy is still struggling to escape its third recession in six years.






Britain's John Lewis sales slip in Christmas week

Fri, 02/01/2015 - 08:34
LONDON (Reuters) - John Lewis, Britain's No. 1 department store group, saw year-on-year sales slip 1.4 percent in the week to Dec. 27 as earlier promotions cooled demand in the run-up to Christmas.






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