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Agriculture: When farms turn into factories

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Strait of Hormuz: a smuggler's paradise

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THE INTERVIEW

Investigations against pro-Ouattara camp to begin mid-2015, says ICC chief prosecutor

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ENCORE!

Asaf Avidan's Gold Shadow

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THE INTERVIEW

UN Special Envoy to the Middle East: 'I leave the Gaza Strip in an even worse situation than before'

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BUSINESS DAILY

Banding together against music streaming giants

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IN THE PAPERS

'My enemy's enemy?'

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IN THE PAPERS

Hollande: 'Lost in election'

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Access Asia

Beef off the menu in Maharashtra

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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 : 2014-06-30

BNP Paribas set for record $8.9bn fine

France’s largest bank, BNP Paribas, is set to be hit with a record fine of $8.9 billion by US authorities for breaking sanctions by processing financial transactions with Iran, Cuba and Sudan. The figure is in spite of French government calls for the fine to be "proportionate". Also today: Argentina is heading for a technical default on its debt if it doesn’t resolve outstanding issues with its creditors.

By Stephen CARROLL

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Archives

2015-03-31 music

Banding together against music streaming giants

Some of the music world’s biggest stars are launching their own streaming platform, which they hope will change the industry. Jay-Z, Beyonce, Madonna, and Daft Punk are among the...

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2015-03-30 Greece

Germanwings crash: compensation claims could skyrocket for Lufthansa

Greece prepares to submit a definitive list of refom proposals to its creditors this week. A week after the Germanwings crash we find out how much parent company Lufthansa is...

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2015-03-27 Yemen

Oil prices fall after supply fears subside

Oil prices spiked on Thursday in response to Saudi Arabia conducting air strikes in Yemen. Fears over supply shortages have since subsided. Also, we update you on how oil prices...

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2015-03-26 mergers & acquisitions

A food goliath in the making

Two of America’s best-known food giants are joining forces to create a new conglomerate, expected to rake in $28bn in annual revenues. Meanwhile, Greece raises hopes that a...

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2015-03-25 eurozone

As EU recovery falters, Ireland steams ahead

Since surviving the financial crisis and exiting its bailout, Ireland has emerged as a rising star of the eurozone economy. Ireland's Minister of State for the Department of...

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