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Urgent: ECB expands pandemic purchase program by 600 bln euros

The European Central Bank (ECB) announced on Thursday that it decided to expand its pandemic emergency purchase program by 600 billion euros (673 billion U.S. dollars) to a total of 1,350 billio

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Stanley Kubrick auction in Italy fetches 90,000 euros

SymbolsofthelifeandworkofStanleyKubrickwentupforauctioninItalyonTuesday,withbidderssplashingtensofthousandsofeurosformemorabiliafromoneofthe20thcentury'sleading

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Angry Birds maker Rovio cuts boardroom pay after profit warning

“AngryBirds”makerRovioproposedcuttingthepayofitschairmanandvicechairmanfollowingadropintheFinnishmobilegamestudio’smarketvalueamidtoughcompetitioninthegameindus

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Adidas buyback, profit forecast set to boost shares

Adidasforecastslowersalesandprofitgrowthfor2018butliftedits2020profitabilityforecastandsharesoftheGermansportswearfirmlookedsettogetaboostfromnewsofalargebuybac

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5 fashion houses dedicated to restoring heritage buildings

Fashionisnotjustaboutclothingoraccessories.ItalianfashionpowerhousePradalaunchedastunningnewculturalcentreinarestoredShanghaimansionlastyear,anditisnottheonlyon

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Picasso painting of muse, future lover fetches European record £50 mln

APabloPicassoportraitofhismuseMarie-ThereseWalterwithfutureloverDoraMaaremergingfromtheshadowsfetched£50million(57millioneuros,$69million)ataLondonsaleWednesday

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Neymar: Fifa ends role in Brazilian's legal case against Barcelona

FifawillnottakeactioninNeymar'sdisputewithBarcelonaoveranunpaid26meuros(£23m)loyaltybonus.TheBrazilforwardmadeacomplainttothegoverningbodyafterhisoldclubrefused

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Kering results are all Gucci

BlisteringgrowthatGuccihelpedpropelFrenchluxurygroupKeringtoanewrecordin2017,doublingnetprofitsandsendingsalesabove15billioneuros.Withitsstableofluxurybrandstha

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Italy's rail company Italo-NTV to be sold to US firm

ThesaleofItaly'sprivaterailcompanyItalo-NTVtoUSinvestmentfundGlobalInfrastructurePartners(GIP)wasfinalizedonSundaywiththesignatureofthepurchaseagreement,thefirm

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Spotify generates third quarter revenue of $1.2 billion

MusicstreamingserviceSpotifyhadrevenueofabillioneuros($1.24billion)initsthird-quarter,puttingitontrackforafullyearrevenueofmorethan4billioneuros($4.95billion),T

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France to finance exports to Iran to sidestep U.S. sanctions

Francewillstartofferingeuro-denominatedloanstoIranianbuyersofitsgoodslaterthisyear,tohelptradeflourishoutsidethereachofU.S.sanctions,theheadofstate-ownedinvestm

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Manchester United retain top spot in Deloitte 'Money League'

ManchesterUnitednarrowlypippedRealMadridtoremainthetoprevenue-generatingclubintheworldasPremierLeaguesidesunderlinedtheirgrowingfinancialclout,Deloitte's"MoneyL

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Lionel Messi -- 'the 100 million-euro man'<br>

LionelMessi,whorecentlypennedalucrativenewcontractwithBarcelona,couldcomfortablyearnmorethan100millioneuroseveryyear,accordingtoareportreleasedbyFrance-basedMed

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Bollywood star evicted from Paris flat over unpaid rent

AFrenchcourthasorderedthatBollywoodactressMallikaSherawatbeevictedfromanapartmentinaposhpartofParisforfailingtokeepupwiththerent.InaDecember14rulingseenbyAFPonT

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US tax reform promises big income boost for German carmakers

GermancarmakersDaimlerandBMWsaidFridayanewsweepingUStaxreformgivingmajorbreakstocorporationswilladdhundredsofmillionsofeurostotheir2017earnings.Thecontroversial

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Mammoth skeleton sells for nearly 550,000 euros at French auction

Thenearlyintactskeletonofawoollymammoththatlivedatleast10,000yearsagowassoldatauctionformorethanhalfamillioneurosSaturdayinthesoutheasternFrenchcityofLyon.Thegi

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Luka Modric latest Real Madrid player with tax issues

TheRegionalProsecutorinMadridonWednesdaychargedRealMadrid'sCroatianmidfielderLukaModricfortaxavoidance,theSpanishpressreports.Modricisaccusedofdefrauding290,990