LONDON Brexit minister David Davis said he did not expect Britain to have to pay 50 billion pounds to the European Union as part of the Brexit process and said the era of huge sums being paid to Brussels was coming to an end.
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LONDON British shares inched up on Thursday with energy stocks leading timid gains, trading without strong direction with ex-divs weighing.
BERLIN/MADRID German and Spanish consumer inflation slowed more sharply than expected in March as oil prices slumped, data showed on Thursday, offering some respite to the European Central Bank as it faces pressure to wind down its monetary stimulus.
WASHINGTON U.S. economic growth slowed less than previously reported in the fourth quarter as robust consumer spending spurred the largest increase in imports in two years.
TRANI, Italy An Italian court acquitted credit ratings agency Standard & Poor's and five of its former and current managers of market manipulation charges relating to past downgrades of the country's sovereign debt, a judge said on Thursday.
LONDON Toshiba's Westinghouse, which filed for bankruptcy on Wednesday, has won approval for its AP1000 reactor design, Britain's nuclear regulator said on Thursday.
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