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German financial system narrowly avoids recession

Picture copyright Getty Photographs Picture caption Confusion over new emission requirements has hit the nation’s automotive trade Germany’s financial system nearly averted falling into recession in the course of the remaining three months of final 12 months. Europe’s largest financial system registered zero development in the course of the fourth …

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The style fashions combating a lifetime of debt

Picture copyright Getty Pictures Picture caption Tons of of fashions journey to the key trend weeks within the hope of labor As trend weeks comply with sizzling on one another’s heels in New York, London, Milan and Paris, tons of of fashions are travelling to the 4 trend capitals within …

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Income slide at Mike Ashley’s enterprise

Picture copyright Getty Photos Picture caption Mike Ashley owns Newcastle United Income at Mike Ashley’s personal firm dropped in 2017 when Sports activities Direct was hit by the autumn within the worth of the pound and Newcastle United’s income slumped. Mash Holdings’ accounts for the monetary yr to end-April 2017, …

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US border safety deal reached to avert new shutdown

Media playback is unsupported in your gadget Media captionPresident Trump advised supporters in El Paso, “we’re constructing the wall anyway” Democrats and Republicans have reached an settlement in precept over border safety to fund the US authorities and avert one other partial shutdown. The settlement accommodates solely a fraction of …

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Nissan cuts forecast in first outcomes since Ghosn arrest

Picture copyright Getty Pictures Japan’s Nissan has reduce its full-year revenue forecast in its first outcomes since former chairman Carlos Ghosn’s arrest for monetary misconduct. The carmaker lowered its working revenue estimate to 450bn yen ($four.1bn; £three.2bn) from 540bn yen beforehand. It comes because the Nissan-Renault alliance is being examined …

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Fb and Google information needs to be regulated, report says

Picture copyright Getty Pictures A regulator ought to oversee tech giants like Google and Fb to make sure their information content material is reliable, a government-backed report has instructed. The Cairncross Overview into the way forward for the UK information trade stated such websites ought to assist customers determine faux …

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Lloyds prospects hit by on-line banking woes

Picture copyright Getty Pictures The UK’s largest present account supplier has reported issues with its on-line banking service. Lloyds Banking Group mentioned some prospects with Lloyds’ accounts confronted “intermittent points” when attempting to log onto the web system. It has apologised and says it’s attempting to resolve the issue urgently. …

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Pensions: More durable jail phrases for mismanaging funds

Picture copyright EPA Firm executives might resist seven years in jail in the event that they mismanage worker pension schemes. Work and Pensions Secretary Amber Rudd has proposed a brand new prison offence for “wilfully or recklessly” mismanaging funds. Plans outlined final yr for a most sentence of two years …

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