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Oil prices ‘could fall further’ without OPEC output cut

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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 : 2014-05-12

French PM promises lower taxes as spending cuts bite

The French Prime Minister, Manuel Valls, has pledged to cut income tax by 2015, despite France’s budget deficit remaining above the 3% EU limit. His comments come as ministers in the French government were told over the weekend how much their departmental budgets will be reduced under the €50 billion spending cuts plan. Also today: the Spanish solar energy investors who have been burned by Madrid’s austerity policies.

By Stephen CARROLL

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Archives

2014-11-27 oil

Oil prices ‘could fall further’ without OPEC output cut

The price of oil could be set for further falls if OPEC doesn’t decide to cut output at today’s meeting in Vienna, according to analysts. We speak to David Battersby of...

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2014-11-26 OPEC

No deal to cut oil output ahead of OPEC summit

A meeting between the top oil producer of the OPEC group, Saudi Arabia, and non-members Russia and Mexico failed to reach a deal to cut output. The summit took place in advance...

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2014-11-25 Christmas

Who makes money from France's Christmas markets?

The tradition of Christmas markets in France dates back to 1570 in the eastern city of Strasbourg. They're big moneyspinners now, with 15 million visitors expected at the market...

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2014-11-25 European Commission

Juncker’s EU growth plan faces challenges

The European Commission will this Tuesday agree on the details of the €300 billion plan designed to boost growth in the EU. Critics say the seed funding of around €30 billion...

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2014-11-24 François Hollande

Hollande's industrial policy under scrutiny during Florange visit

French President François Hollande is facing scrutiny of his industrial policy during his annual visit to the eastern town of Florange. Unions say the president betrayed a...

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