AP – HIGH PRICES: Inflation eased in Britain to 3.1 percent last month from 3.2 percent in June. But it remained well above the government’s 2 percent target for the eighth straight month.
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Summary Box: UK inflation remains above target
(AP)
AP – German steelmaker ThyssenKrupp AG says it earned euro298 million ($383 million) in the April-June quarter as orders and revenues both rose strongly in a recovering economy.
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ThyssenKrupp reports profit as orders soar
(AP)
AP – THE DROP: Industrial production in the 16-nation eurozone unexpectedly fell 0.1 percent in June from the previous month, raising fears that regional economic growth may not be as high as anticipated. The results sharply contrast with the 1.1 percent gain recorded in May and disappointed market expectations for a 0.6 percent rise.
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Summary Box: Eurozone industrial output declines
(AP)
AP – Industrial production in the 16 countries that use the euro unexpectedly fell in June, official figures showed Thursday, raising fears that economic growth in the eurozone may not be as high as anticipated.
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Eurozone industrial output in unexpected June fall
(AP)
AP – A comparison of the Federal Reserve’s statements from its last meeting on June 22-23 and the meeting Wednesday.
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A look at the Fed’s June, August statements
(AP)
Reuters – Private employers added fewer workers to their payrolls in July than expected and hiring in June was much weaker than had been thought, a blow to an economic recovery that is failing to gain traction.
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Weak private hiring shows recovery on the ropes
(Reuters)
Reuters – Private employers added fewer workers to their payrolls in July than expected and hiring in June was much weaker than had been thought, a blow to an economic recovery that is failing to gain traction.
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Weak private hiring shows recovery on the ropes
(Reuters)
Reuters – Shares in BP rose 1.2 percent in London on Friday, taking their bounce since the near 14-year low in June to 45 percent, lifted by the group’s latest progress in plugging the ruptured oil well in the Gulf of Mexico.
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BP stock gains ground, but major resistance looms
(Reuters)
Reuters – Euro zone member Slovakia will have strong reasons to reconsider its help to indebted euro group member Greece, the Eurogroup Chairman Jean-Claude Juncker was quoted as saying.
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EU’s Juncker says Slovakia may reconsider help to Greece
(Reuters)
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