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China to pursue more trade with France, EU raises 'difficult issues'

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BEIJING China told France on Monday it would buy more of its farm produce, hinted at future Airbus purchases and pledged to work on market access, shoring up its trade ties with Europe amid the increasing danger of a tariff war with the United States.

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China to pursue more trade with France, EU raises 'difficult issues' 5:08pm BST

BEIJING China told France on Monday it would buy more of its farm produce, hinted at future Airbus purchases and pledged to work on market access, shoring up its trade ties with Europe amid the increasing danger of a tariff war with the United States.

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EU watchdog tells banks to speed up 'inadequate' Brexit preparations 4:48pm BST

LONDON Banks have failed to make enough progress in their Brexit preparations and should not expect "miracle" public intervention to help them, the European Union's banking watchdog said on Monday.

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German business morale ebbs as trade dispute ramps up 2:26pm BST

BERLIN Business confidence in Germany fell in June to its lowest in more than a year, suggesting the mood among company executives is darkening as the world edges towards a full-blown trade war. | Video

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Merkel's conservatives back continued European talks on migration 2:01pm BST

BERLIN German Chancellor Angela Merkel on Monday won the strong backing of her Christian Democrats (CDU) to continue discussions with other European Union states on how to better control migration into and within Europe, the general secretary of the party said.

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Ifo economist says German economic boom is over 9:58am BST

BERLIN Germany's economic boom times are over and Europe's largest economy is on the way to a more normal growth path, Ifo economist Klaus Wohlrabe told Reuters on Monday after its latest survey showed a deterioration in German business confidence.

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Dollar dented by simmering trade worries 4:18pm BST

NEW YORK The dollar fell against the Japanese yen on Monday as worries about escalating trade tensions between the United States and other leading economies kept risk appetite in check.

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Debt deal a credit positive for Greece - Moody's 8:36am BST

ATHENS A debt relief package offered to Greece by its creditors last week is credit positive for the overborrowed country, rating agency Moody's said on Monday.

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Daily Briefing: Pressure grows on Merkel for migrant deal 8:28am BST

LONDON Angela Merkel's quest for a deal on migration that will keep her conservative alliance together continues this week after an impromptu EU gathering on Sunday failed to produce results. The hard deadline to achieve something is later this week with a full European Union summit in Brussels.

Earthquake shakes southern Greece 7:24am BST

ATHENS A 5.5 magnitude earthquake shook the southwestern area of the Peloponnese in Greece in the early hours of Monday.

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Special Report: Rebooting Germany - Where Europe's most powerful economy is falling behind

MASSEN-NIEDERLAUSITZ, Germany Until March of this year, goods arriving at family engineering firm Zemmler Siebanlagen in eastern Germany generated piles of paperwork and hours of manual cross checks. These days, stockman Ronny Mucha records deliveries on a specially designed tablet application that immediately updates other departments. It takes a fraction of the time. | Video

France's antitrust watchdog prepares for possible telecoms tie-up

PARIS France's antitrust watchdog is keeping in touch with the country's four telecoms operators as speculation about potential mergers in the sector has resurfaced.

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Italy to ask for postponement of Ilva handover to ArcelorMittal - sources

ROME Italy's new government will ask for a postponement of a planned July 1 handover of the Ilva steel plant to ArcelorMittal as it seeks more time to rejig the terms of the deal, two sources with knowledge of the matter said.

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