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German economy to pick up as business confidence improves

  Bloomberg Germany’s economy is on track for more robust growth. Business confidence rose to the highest level in more than two years in October, the Munich-based Ifo institute said on Tuesday. This adds to signs of renewed growth momentum in Europe’s largest economy, after uncertainty related to the U.K.’s vote to leave the European Union contributed to a temporary ...

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Moscow airport mulls $865mn expansion

  Bloomberg Moscow’s Sheremetyevo airport, the largest in Russia, has invested $865 million into building a new terminal and expanding its operations ahead of the 2018 World Cup, its chief executive said on Tuesday. “We can say with certainty that the construction is moving along according to our deadlines and ahead of schedule in certain cases,” Sheremetyevo’s CEO Mikhail Vasilenko ...

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Anglo boosts diamond, iron-ore production

  Bloomberg Anglo American Plc said diamond production rose in the third quarter, as the industry continued to rebound. The company maintained full-year forecasts for most of the commodities it produces, while saying its Kolomela iron-ore mine will marginally exceed its goal. Third-quarter output of the gems climbed 4 percent to 6.3 million carats from 6 million carats a year ...

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