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Goldman made Banco Esperito Santo loan shortly before collapse
As Portuguese lender Banco Esp´┐Żrito Santo SA neared collapse this summer, it found a Wall Street ally to help it raise funds: Goldman Sachs Group Inc. Through a Luxembourg financing vehicle created.
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Business runs out of growth options
John Durie - The Australian; 1 Sep, 2:02 PM. Economy · Australian News. Corporate Australia has run out of growth options and needs to expand offshore, or by acquisition, to generate immediate growth.
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Flight Centre reshuffles its board
... company name or stock code. Search. Share story. Share on Facebook · Share on LinkedIn · Share on Twitter · Share on Google Plus.
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Manufacturing slows in August: AiG
... and AAP; 1 Sep, 9:35 AM. Industries · Manufacturing · Economy. Australia's manufacturing sector slipped back into negative territory in August, after a recording its first positive result in eight months in July, according to an Australian Industry ...
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EU plans new economic summit
French President Francois Hollande has announced on Saturday that EU leaders will hold a summit in Italy in early October aimed at boosting growth and jobs in the bloc.
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Business confidence at 10-year high
... confidence at 10-year high. AAP; 2 Sep, 1:31 AM. Economy · Australian News. Retailers' hopes of a good Christmas have driven the number of companies expecting profit growth in the coming months to a 10-year high.
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More sanctions must be prepared against Russia: Merkel
Germany's Chancellor Angela Merkel Monday stressed the need to prepare more sanctions against Russia because the risk stemming from the country's "unacceptable" behaviour in Ukraine outweighs economic risks for German companies.
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Abbott lays out Iraq strategy
Prime Minister Tony Abbott has moved to ease public fears Australia could rush into a new war in Iraq, but warned the Islamic State "death cult" needs to be stopped. Australian defence personnel are expected to conduct a third.
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China gives Microsoft deadline to explain software problems
Dow Jones newswires; 1 Sep, 11:38 PM. Industries · Information Technology · Economy · China. Chinese officials gave Microsoft Corp a deadline to explain what they called compatibility and bundling issues with its software, putting pressure on the.
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Aust dollar slightly lower in late trade
The Australian dollar is hovering around 93.5 US cents as traders wait on the latest gauge of how the economy is travelling. At 1700 AEST the currency was trading at 93.49 US cents, down from 93.52 cents on Friday.
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