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Child migrants: no parents, no passports

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Thousands flee Libya and Nigeria to seek refuge in Niger

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A daily update on the latest business and economic news. Live on weekdays at 8.15 am Paris time.

BUSINESS DAILY

BUSINESS DAILY

Latest update : 2013-09-18

Markets wait for Fed decision on stimulus programme

Investors will find out on Wednesday whether the Federal Reserve is tapering its monthly purchase of $85 billion worth of bonds and by how much. Fed boss Ben Bernanke has already said he wants the purchases phased out by the time unemployment reaches 7%. Here in France, as Air France-KLM gives more details about its cost-cutting plans, it’s continuing to invest heavily in its offer for lucrative business class travellers.

By Matthew WARREN

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2014-12-19 Vladimir Putin

EU investment: Juncker's plan expected to generate €315bn

In today's business update France's statistics agency Insee forecasts 0.3% growth in the first quarter of 2015. We also bring you the latest reactions from Brussels on the...

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2014-12-17 Vladimir Putin

Russian government tries to stop currency freefall

The Russian government has started selling its foreign exchange reserves in an effort to prop up the rouble. The currency dropped by 11 percent on Tuesday, and continued its fall...

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2014-12-16 Russia

Russia's central bank hikes key interest rate to 17%

In this business update we focus on the latest intervention from Russia's central bank. Will increasing the key interest rate to 17% be enough to stem the rouble's slide? We ask...

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2014-12-15 UBER

France to ban UberPop as taxi drivers protest

France is to ban the UberPop service from January 1st, according to an interior ministry spokesman. Taxi drivers staged a go-slow protest around Paris on Monday over a court...

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2014-12-11 Detroit

Detroit motors out of biggest public bankruptcy in US history

The city of Detroit has officially exited bankruptcy, bringing an end to the biggest public default in US history. The city managed to shed $7 billion of its debts thanks to a...

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