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Euro falls on weak German business morale, stocks slip

The euro fell against the U.S. dollar on Wednesday after data showed a surprise deterioration in German business morale, raising fears of slowing global growth and weighing on a gauge of world equity markets, including Wall Street.

Cash-strapped Fastjet forecasts marginal profit in 2019

Low-cost African airline Fastjet Plc reported a narrower first-quarter operating loss on Tuesday and said it expected to be marginally profitable in 2019, after a cash crunch nearly drove it into administration last year.

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