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ECB's Draghi warns countries to reform as clouds gather over euro zone

The latest Reuters business news! HELSINKI/ MADRID (Reuters) – Failure to reform and shield weaker members threatens to divide the euro zone, the head of the European Central Bank warned on Thursday, amid fresh signs the currency bloc’s economy is losing speed. 8 more words

William Lindsey

Analysis: Low food inflation tightens squeeze on Europe's grocers

The latest Reuters business news! BERLIN/LONDON (Reuters) – Subdued food price inflation in Europe is unlikely to pick up any time soon, adding to the pressure on mainstream grocers as they struggle with changing shopping habits and competition from discounters. 8 more words

William Lindsey

EU lawmakers urge regulators to be tough on Google

The latest Reuters business news! BRUSSELS (Reuters) – European Parliament lawmakers voted on Thursday in favor of a resolution urging antitrust regulators to consider splitting Internet search engines such as Google from other commercial services, one of the bill’s sponsors said. 7 more words

William Lindsey

EU's Juncker survives no confidence vote in EU parliament

The latest Reuters business news! BRUSSELS (Reuters) – European Commission President Jean-Claude Juncker easily survived a confidence vote in the European Parliament on Thursday brought over revelations that Luxembourg attracted multinationals with super low tax rates during his period as prime minister. 7 more words

William Lindsey

Exclusive: France, Italy, Belgium budgets may break rules, EU Commission will look again in March - documents

The latest Reuters business news! BRUSSELS (Reuters) – The European Commission will tell France, Italy and Belgium on Friday that their 2015 budgets risk breaking EU rules, but it but will defer decisions on any action until early March. 8 more words

William Lindsey

Euro zone economic sentiment rises slightly in November

The latest Reuters business news! BRUSSELS (Reuters) – Morale in the euro zone rose for the second straight month in November as a pick-up in industry sentiment just outweighed increased pessimism among consumers, offering a tentative sign that the bloc is avoiding outright stagnation. 8 more words

William Lindsey

China's official PMI seen edging down to 50.6 in November

The latest Reuters business news! BEIJING (Reuters) – Growth in China’s manufacturing sector likely slowed slightly in November as demand remained sluggish, a Reuters poll showed. 8 more words

William Lindsey