Business

World Bank

Economic impact of Ebola epidemic could reach $32.6 billion by the end of 2015

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If the Ebola epidemic continues in Guinea, Sierra Leone and Liberia and infects people in neighboring countries, the economic toll could reach $32.6 billion...
Toronto Stock Exchange

TSX fell on Tuesday following weak global growth predictions

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The Toronto Stock Exchange (TSX), Canada’s largest stock market, fell on Tuesday following the publication of weak global growth forecast from the IMF and...
US stocks

Asian markets suffer amid concerns of global economic growth

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Asian markets suffered on Wednesday amidst growing pessimism about global economic growth and a stronger yen - increasing concerns about the future of Japanese...
Wonga payday lender

Wonga TV ad banned for not mentioning 5,853% interest rate

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A Wonga TV ad has been banned by the UK's Advertising Standards Authority (ASA) after a charity complained it does not mention that the...
Libor Fixing guilty plea

UK banking executive pleads guilty to Libor fixing conspiracy

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A high-ranking banking executive has pleaded guilty to conspiring to fix Libor, according to Southwark Crown Court in London, which says it cannot name...
Michael Bloomberg KBE

Michael Bloomberg knighted by the Queen

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Billionaire Michael Bloomberg, the former Mayor of New York and founder of financial information company Bloomberg, has been given an honorary knighthood by The...
Eurozone

Eurozone 4th quarter GDP growth of 0.2% predicted by Ifo Institute

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The Prestigious Munich-based think tank, the Ifo Institute, along with INSEE of France and ISTAT of Italy, forecast a very moderate 0.2% annual Eurozone GDP...
Totally Wicked

E-cigarettes are NOT tobacco products, company tells EU regulators

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British e-cigarette company Totally Wicked wants to stop the EU Tobacco Products Directive (TPD) from classing electronic cigarettes as tobacco products. It has been...

Euro Disney shares plummet by 15 percent

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The company that runs Disneyland Paris, Euro Disney S.C.A., saw its share price sink by 15% in early trading on Monday after announcing a...
German economy

Factory orders in Germany in August sink 5.7 percent

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German factory orders sank -5.7% compared to July, says statistical agency Destatis. This is the largest decline since the peak of the global financial crisis...