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Italy, China sign 1 bln euros in trade accords

AFP - 1 hour 41 mins ago

ROME (AFP) - Italy and China signed deals worth a total of more than one billion euros Monday including a joint venture between auto giant Fiat and the Guangzhou Automobile Industry Group (GAIG), officials said. More »

GM clears hurdle as bankruptcy plan approved
AFP - 2 hours 26 mins ago
NEW YORK (AFP) - General Motors cleared a major hurdle toward a quick exit from bankruptcy as a judge approved a government-backed plan to sell the best assets of the ailing Detroit automaker to a "new GM." More »
Themes and scenarios for G8 summit in Italy
Reuters - 4 hours 16 mins ago
Monetary officials in China -- the largest holder of U.S. Treasury debt which has some 70 percent of its $1.95 trillion (1.19 trillion pounds) - (Reuters) - Leaders from the Group of Eight industrial nations and leading developing nations will hold talks from July 8-10 in the central Italian city of L'Aquila. More »
Oil prices slide on demand worries
AFP - 5 hours 17 mins ago
NEW YORK (AFP) - Oil prices slumped Monday, extending heavy losses seen last week as the market reconsidered prospects for a quick recovery from the global economic crisis after weak US labor market data. More »
EU commission issues economic stimulus warning
AFP - 5 hours 22 mins ago
BRUSSELS (AFP) - The European Commission warned EU nations Monday against constantly introducing new measures to try to bolster their economies given the size of their deficits. More »
Oil falls 4 pct on recovery concerns
Reuters - 5 hours 32 mins ago
NEW YORK (Reuters) - Oil settled 4 percent lower on Monday as doubts over a potential rebound in the global economy spurred investor risk aversion. More »
Germany's biggest bank admits spying on staff: spokesman
AFP - 6 hours 45 mins ago
BERLIN (AFP) - Germany's biggest bank, Deutsche Bank, admitted Monday it had spied on a former member of its supervisory board, suspected of disclosing 2001 third quarter results before their official publication. More »
Britain, France aim to solve Airbus military jet row
AFP - 7 hours 48 mins ago
EVIAN, France (AFP) - Britain and France said Monday after a summit in southeastern France they were looking to resolve a row on the long-delayed Airbus A400M European military transport jet project. More »
EMC raises offer for Data Domain
AFP - 8 hours 38 mins ago
NEW YORK (AFP) - Computer storage giant EMC raised its offer to purchase data storage firm Data Domain on Monday in a bid to top a rival offer for the company by data management firm NetApp. More »
PepsiCo announces $1bn investment in Russia
AFP - 9 hours 26 mins ago
MOSCOW (AFP) - US soft drink giant PepsiCo said Monday it would boost investment in Russia by one billion dollars, topping the list of US trade deals expected during President Barack Obama's visit to Moscow this week. More »