Europe close: DAX dives on euro peaks and colluding carmakers
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European stocks ended the week firmly in the red as the euro continued to march higher, with the strength in the single currency weighing on exporters and car makers were hit by reports of collusion in the industry, combining to send the Dax to new three-month lows.

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General Electric tumbles further as profits slide
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US industrial giant General Electric reported net profits of $1. 34bn for the second quarter of 2017, 53% less than its earnings for the same quarter in 2016.

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US open: Wall Street slips amid weak tech earnings, downbeat GE

Wall Street was slightly lower in early trading following disappointing updates from Microsoft and Ebay, alongside weak guidance from industrial conglomerate GE.

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Irish ambassador calls on UK to remain in Customs Union

Britain should remain in the EU Customs Union following Brexit in order to avoid problems with the Irish border, the country’s ambassador to the UK said on Friday.

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Earthquake strikes Greek island of Kos and coastal towns in Turkey
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A powerful earthquake in the Aegean sea has wreaked havoc tourist hot-spots near the Greek island of Kos and off the coast of Turkey, leaving two dead and more than 200 injured.

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Ebay shares fall after company lowers third quarter guidance

Online marketplace Ebay saw its shares fall overnight after despite posting second quarter earnings that were in-line with consensus estimates, as it warned that analysts' forecasts for the following quarter were slightly too high.

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US pre-open: Shares seen flat as investors eye more earnings; eBay under pressure
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US futures pointed to a muted open on Wall Street on Friday ahead of earnings from the likes of General Electric and Honeywell.

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Goldman Sachs executive urges Brexit transition deal as soon as possible

The government should seek to implement a significant transition period for Brexit from March 2019, one of Goldman Sachs’ top executives has said.

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ExxonMobil fined $2m for violating Russia sanctions

US oil corporation ExxonMobil has been fined $2m by authorities in the country for the violation of sanctions handed out to Russia during Rex Tillerson’s time as CEO.

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Paysafe announces acquisition and possible GBP2.8bn takeover offer
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In an unusual double, Paysafe Group has both struck a $470m deal to acquire US-based Merchants' Choice Payment and also announced that it has received a takeover proposal from private equity companies Blackstone and CVC Capital Partners.

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US close: Markets mixed as investors close their wallets
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US stocks took a breather on Thursday, following mixed economic data and ahead of key corporate updates from tech heavyweights Microsoft and eBay.

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20 Jul
Europe close: Stocks dip as ECB's Draghi dashes hopes for policy change

Stocks failed to overcome the strength in the euro after European Central Bank chief Mario Draghi brushed off any hint of concern about its recent ascent and pushed back on market expectations for an imminent shift in policy guidance.

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20 Jul
Major dark web marketplaces shut down by US government

US security officials claimed a major victory on Thursday as two of the so-called dark web’s largest marketplaces were shut down.

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20 Jul
Theresa May's new Brexit business council to meet
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Theresa May will meet with senior figures in some of the UKs largest companies later on Thursday in an effort to assuage some of the growing concerns over the governments Brexit plans and how it will affect trading moving forward.

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20 Jul
US open: Traders lock-in profits, focus on tech-giants and Capital Hill

Stocks took a breather following mixed economic data and ahead of key corporate updates from tech heavyweights Microsoft and eBay.

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20 Jul
Euro area consumer confidence dips in July
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Consumer confidence in the single currency bloc slipped a tad, the European Union's executive arm said.

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20 Jul
'We're not there yet, financing conditions favourable' ECB's Draghi says

"We're not there yet", European Central Bank chief Mario Draghi said in his press conference when asked whether monetary policy needed to remain as accommodative as it was.

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20 Jul
Philly Fed index falls more than estimated in July
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Manufacturing conditions in the Philadelphia region deteriorated more than expected in July, according to a survey released on Thursday.

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20 Jul
US jobless claims drop more than expected
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The number of Americans filing for unemployment benefits fell more than expected last week, according to data from the Labor Department.

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20 Jul
ECB keeps policy rates unchanged, as expected

The European Central Bank kept all its main policy rates unchanged on Thursday, as expected.

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