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Brexit would be serious risk to global economic growth - G7 leaders

ISE-SHIMA, Japan A British exit from the European Union would be a serious risk to global economic growth, Group of Seven leaders said in a summit declaration on Friday, as Prime Minister David Cameron urged voters to "listen to our friends" on the impact of Brexit.


G7 vows growth efforts as Japan's Abe warns of global crisis

ISE-SHIMA, Japan The Group of Seven industrial powers pledged on Friday to seek strong global growth, while papering over differences on currencies and stimulus policies and expressing concern over North Korea, Russia and maritime disputes involving China.


Daimler invests 3 billion euro in clean diesel technology

FRANKFURT Daimler said it will spend 3 billion euros (2.3 billion pounds) to curtail diesel exhaust pollution levels by modifying its engines and exhaust treatment systems including through a software update for some Mercedes-Benz passenger cars.


Oil prices ease from seven-month high to below $49

SINGAPORE/LONDON Oil futures fell below $49 on Friday, easing from a seven-month high hit this week, with analysts predicting range-bound markets for the next few months as supply outages slowly help to clear a global glut of crude.


German robot maker Kuka's CEO welcomes Midea bid

AUGSBURG, Germany The chief executive of German industrial robot maker Kuka said on Friday he welcomed an impending 4.5 billion- euro (3.43 billion pounds) takeover bid from Chinese home appliance maker Midea.


AstraZeneca potassium drug delayed by manufacturing snag

LONDON AstraZeneca said on Friday U.S. regulators would not approve its new drug for high potassium levels at present due to a manufacturing issue, dealing a blow to a product acquired when it bought ZS Pharma for $2.7 billion (1.8 billion pounds) last year.

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