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Greece braces for austerity amid EU-IMF tiff about debt

  Bloomberg Greek Prime Minister Alexis Tsipras braces for yet another vote on additional austerity measures, as European creditors remain at loggerheads with the International Monetary Fund about how much debt relief the country will get for its pain. Lawmakers in Athens were scheduled to vote Sunday night on an omnibus bill that includes measures ranging from the taxation of ...

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After VW, Fiat Chrysler suspected of emissions cheating

  Berlin / AFP German regulators suspect that Italian-American auto maker Fiat Chrysler, like Volkswagen, used illegal software to cheat on emissions tests, a newspaper report said Sunday. The German Federal Motor Vehicle Office (KBA) had sent a report voicing the suspicion to the European Commission and to Italian authorities, according to Germany’s Bildam Sonntag newspaper. The news report came ...

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IPO to value Dong at $15bn feeds currency hedge speculative bets

  Bloomberg What looks set to become Denmark’s biggest initial public offering in more than a decade may add to pressure on the krone at a time when the exchange rate is already testing levels last seen during a 2015 speculative attack. With 15 percent of Dong Energy A/S slated to be sold to the public next month, the potential ...

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