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Euro wobbles before Athens vote, Greek shares tumble

LONDON - Europe’s financial markets returned from their Christmas break in a cautious mood on Monday, as Greece’s parliament prepared for a final round of presidential voting, which if unsuccessful, will fuel worries about its future in the euro.

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Credit Suisse vows to fight New York mortgage securities case

ZURICH - Credit Suisse Group AG said on Monday it would fight a U.S. lawsuit which accuses the Swiss bank of deceiving investors in mortgage-backed securities it had issued.

Lion Capital sends letter to American Apparel urging it to explore options: source

- The board of American Apparel Inc has received a letter from British buyout firm Lion Capital, pushing it to explore strategic options include a sale, a source familiar with the situation said on Sunday.

28 Dec 2014

ECB's Weidmann says German 2015 growth may be better than expected

BERLIN - Growth in Germany, Europe's biggest economy, could be better than expected next year and the situation in Europe is not as bad as many people think, the president of Germany's Bundesbank told a newspaper on Sunday.

28 Dec 2014

China's trade growth seen falling short of target in 2014

SHANGHAI - China's trade will grow 3.5 percent in 2014, implying the country will fall short of a current 7.5 percent official growth target, according to a report on the Ministry of Commerce's website that was subsequently revised to remove the numbers.

27 Dec 2014

Volkswagen's Audi to step up investments in 2015-19 on models, plants

BERLIN - Volkswagen's flagship Audi division is to increase spending on new models, plants and technology through 2019 to push its goal of surpassing German rival BMW as the world's largest luxury-car manufacturer.

27 Dec 2014

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