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Eurozone GDP growth slows in Q3

Economy in both the euro area and the EU27 grew at a much slower pace in the second quarter, according to the second estimate by Eurostat, the official statistical office of the European Union

Russia bans all Tu-154B aircrafts following explosion aboard

Following the explosion onboard Russian aircraft Tu-154B in Serbia on Saturday, the country’s Federal Transport Overseeing Service, Rostransnadzor, has asked airlines to ban services of the passenger jet until the causes of the explosion are known.
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Top After-Market NYSE Movers

The top after-market NYSE gainers on Thursday are Office Depot, Accenture, Salesforce.com and American Express. The top after market NYSE most active stocks are Citigroup, Boston Scientific, Sprint Nextel Corporation and Bank of America.
Wipro beefs up presence in Eastern Europe

India's Wipro opens development center in Budapest, Hungary

Wipro Ltd said its global consulting, system integration and its outsourcing business unit Wipro Technologies has opened its new development center in Budapest, Hungary, to service Magyar Telekom, Hungary’s biggest telecom service provider.
WikiLeaks founder jailed in London

Wikileaks founder jailed in England

Wikileaks founder Julian Assange is behind bars in London, facing extradition to Sweden where he is charged with rape and sexual molestation in two separate cases.
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EU worried over Russia-Poland gas deal

The European Union said it remained concerned over a gas deal between Russia and Poland. The EU said terms for access to a gas pipeline under a deal between Russia's Gazprom and Poland's PGNiG may breach European competition law.
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Putin hints will return to Kremlin in 2012

Russia's paramount leader, Prime Minister Vladimir Putin, hinted on Monday he would return to the presidency in 2012 for six more years and said democracy protesters marching without permission deserved to be beaten.
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India's first jewellery week from Aug 15

Finally, India will have its first ever jewellery week, the India International Jewellery Week (IIJW), from August 15 to 19 in Mumbai. It is a fabulous platform for jewellery designers to come together and showcase their talent. This is the first time the jewellery industry will witness something like this.
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New 3D film recreates Warsaw after 1944 uprising

Visitors to the Museum of the Warsaw Uprising will now be able to grasp the scale of devastation inflicted on the Polish capital by Nazi German forces in World War Two with the help of a 3D film.
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Speculative money drives record surge in wheat prices

Wheat prices exploded by an unheard of 6.34 percent on Monday, continuing a record surge of 38 percent in July, with even more speculators drawn by gloomy news even though the fundamental situation remains stable.
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Vienna convention to boost India gold export

Jewellery exports and quality of India's gold is set to get a boost with the decision to join the Convention on Control and Marking of Articles of Precious Metals known as Vienna Convention 1972.
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Romania c.bank holds rates after fiscal jolt

Romania's central bank held interest rates at 6.25 percent on Wednesday, as expected, halting its easing cycle after a government plan to raise value added tax added to uncertainty about the economy.
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IMF mulls new crisis-lending instruments

The International Monetary Fund is working to develop new lending instruments for economies hit by crises that are not of their own making, IMF Managing Director Dominique Strauss-Kahn said on Tuesday.
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Fiat keeps Naples plant future in limbo

Car maker Fiat SpA stopped short of sealing its near $1 billion investment for the survival of its Naples plant after less than full labor support for plans to boost productivity there.
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EU leaders' summit on economic governance

The following are comments by European Union leaders and other officials on Thursday in Brussels, where they were holding a summit to discuss economic governance. EU PRESIDENT HERMAN VAN ROMPUY We agreed that the so-called stress tests of the banks will be published at the latest in the second half of July.

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