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Cold weather delaying French harvest: Axereal

  Bloomberg Recent deluges in France that flooded metro stations in Paris will delay the harvest in the European Union’s biggest wheat producer, according to the country’s biggest grain cooperative. Harvesting will probably start up to 10 days later than usual, said Jean-Francois Loiseau, chairman of Axereal, which collects about 5.5 million metric tons a year from its members. Wheat-growing ...

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Russia’s Gazprom forecasts growth in Europe

  Bloomberg The world’s biggest natural gas exporter isn’t too concerned about a global glut that will probably last another five years. Gazprom PJSC is counting on falling European output to boost flows to a record and cement its 30 percent market share, Deputy Chief Executive Officer Alexander Medvedev, 60, said in an interview. After crude’s 35 percent slide last ...

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Car sales surge in EU, close to May 2008 level

  Paris, France / AFP Sales of cars in the European Union surged by 16 percent in May compared to a year earlier, continuing a 33-month rise and nearing pre-recession levels, manufacturers said Thursday. A total of 1.29 million new cars were sold in the 28-nation bloc, a tally close to that of May 2008, the European Automobile Manufacturers Association (EAMA) ...

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