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Wednesday, November 6, 2013

Business Today: Germany, Britain shine but Europe's recovery still fragile

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11/6/2013
Reuters Election 2012 Daily round-up of the day's top news from the campaign trail, the White House and all the politics in between
Germany, Britain shine but Europe's recovery still fragile
LONDON (Reuters) - The euro zone's economic recovery lost a little momentum last month, according to surveys that showed only modest growth in German and French businesses.
Time Warner's third-quarter profit rises on cable network strength
(Reuters) - Time Warner Inc on Wednesday posted higher third-quarter profit, beating Wall Street estimates on growth in advertising and subscription fees at its cable networks.
U.S. planned layoffs rise in October: Challenger
NEW YORK (Reuters) - The number of planned layoffs at U.S. firms rose 13.5 percent in October on cuts in the pharmaceutical and financial sectors, a report on Wednesday showed.
Stock futures up on hopes stimulus to continue; Tesla drops
NEW YORK (Reuters) - U.S. stock index futures rose on Wednesday on hopes the Federal Reserve will keep its stimulus measures in place longer than anticipated, ahead of key data later in the week on the labor market and economic growth.
Chesapeake Energy posts quarterly profit
(Reuters) - Chesapeake Energy Corp , the second largest U.S. natural gas producer, reported a profit for the third quarter, compared with a loss a year earlier when the company wrote down the value of some of its natural gas assets.
Lloyds Bank starts internal forex trading review
LONDON (Reuters) - The UK's Lloyds Banking Group said it has opened an internal probe into its own currency trading after regulators started investigating possible manipulation in the market.
AirAsia co-founders to take more control of budget carrier to cut costs
KUALA LUMPUR (Reuters) - The co-founders of Malaysia's AirAsia Bhd said on Wednesday they will take more control of running Asia's largest budget carrier by passenger volume and push on with cutting costs that have been a drag on profit.
Starbucks wants to recruit 10,000 vets, spouses to its ranks
(Reuters) - Starbucks Corp is looking for thousands of good men - and women.
German prosecutors widen inquiry into Deutsche Bank
MUNICH (Reuters) - German prosecutors have widened an investigation of Deutsche Bank's co-chief executive Juergen Fitschen to include the bank itself, deepening legal problems as it tries to transform its culture after the financial crisis.
Exclusive: Turkey, Iraqi Kurdistan clinch major energy pipeline deals
ANKARA (Reuters) - Iraqi Kurdistan has finalized a comprehensive package of deals with Turkey to build multi-billion dollar oil and gas pipelines to ship the autonomous region's rich hydrocarbon reserves to world markets, sources involved in talks said on Wednesday.
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