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Falling inflation a worry for Europe but also the world

LONDON - European Central Bank President Mario Draghi has moved closer to launching sovereign debt purchases and data this week will show just how dangerously low inflation has fallen in the $13 trillion euro zone economy.

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China's rate-cut likely to hurt banks, curb new loans to small borrowers

SHANGHAI - China's latest interest rate cut is set to dent the profitability of domestic lenders, especially mid-sized banks, which are already suffering from higher bad loans and a slowdown in profit growth.

22 Nov 2014

Europe not at risk of full-blown deflation: ECB's Constancio

FLORENCE Italy - Europe is not at risk of sliding into "full deflation" but the current rate of inflation is dangerously low, European Central Bank Vice President Vitor Constancio said on Saturday.

22 Nov 2014

EU investment plan to take shape next week

BRUSSELS - Jean-Claude Juncker will unveil a much anticipated 300-billion-euro ($370 billion) investment plan on Wednesday that is meant to trigger economic growth in the European Union.

21 Nov 2014

European Parliament may propose Google break-up in draft resolution

By Alexei Oreskovic, Julia Fioretti and Alastair Macdonald

Tech, Media, Spain 21 Nov 2014

Lockheed, Pentagon ink $4.7 billion deal for eighth batch of F-35 fighters

WASHINGTON - The Pentagon said on Friday it had awarded Lockheed Martin Corp a contract valued at $4.7 billion for an eighth batch of F-35 fighter jets that lowered the average price per jet by 3.5 percent from the last contract, and 57 percent from the first batch.

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