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A multispeed Europe will be hard to pull off

  The European Council, which includes leaders of EU member states, normally issues a consensus document at the end of each meeting. On Thursday, it failed to do so because one member — Polish Prime Minister Beata Szydlo — refused to approve it. The spat tells us something about the rocky future of a multispeed Europe. Szydlo’s snub had nothing ...

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America’s labour market shows signs of growth

  Bloomberg America’s labour market might not be as great yet as President Donald Trump wants, but by almost any measure, it’s gett- ing better. Employers added an above-forecast 235,000 positions in February, while measures of joblessness and under- employment improved, the Labor Department’s monthly report showed. Wage growth picked up and the share of prime-age Americans in the labor ...

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Volkswagen pleads guilty in US emissions cheating scandal

  Bloomberg Volkswagen AG pleaded guilty to misleading US regulators and customers by hiding emission levels on diesel vehicles and obstructing investigations when authorities grew suspicious. Sentencing was put off until April 21. VW entered the formal plea in Detroit federal court as it agreed to do two months ago as part of a $4.3 billion deal to settle claims ...

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