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Drug dealers of hope: Activists fight for access to life-saving Hepatitis C cure

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THE INTERVIEW

Panama Papers scandal: 'This is a real crime'

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FRANCE IN FOCUS

A certified 'palace': How hotels strive for excellence

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IN THE PAPERS

Leave campaign is suffering from 'Bregret'

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BUSINESS DAILY

Osborne: UK public finances will need adjustment after Brexit

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IN THE PAPERS

'A Europe of the people' (minus the UK)

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EYE ON AFRICA

Seven African countries' economies at risk over Brexit

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THE DEBATE

Britain votes out: What next?

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#TECH 24

The 'fintech' revolution

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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

2016-06-27 economy

Osborne: UK public finances will need adjustment after Brexit

The British finance minister says the UK's public finances will need an adjustment after the vote to leave the European Union, but that the details will be decided by the next...

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2016-06-24 Brexit

Markets, pound plunge on Brexit vote

The UK's vote to leave the European Union had an immediate effect on the markets, with the pound sterling dropping to its lowest level in 30 years. Jane Foley, Senior Currency...

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2016-06-23 Brexit

Queues to exchange sterling ahead of Brexit result

In the run-up to this Thursday's vote, foreign exchange bureaux have reported long queues as people try to swap their pounds for euros or dollars before the outcome of the Brexit...

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2016-06-22 Brexit

Where do British businesses stand on Brexit?

It's a debate being played out in British boardrooms: whether to leave or remain in the European Union. Directors from the majority of the UK's biggest firms are in favour of...

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2016-06-21 Brazil

Emergency loan to help Rio's Olympic preparations

Brazil's federal government has announced it's giving an emergency loan to the state of Rio de Janeiro to provide essential public services during the Olympic Games. Rio...

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