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DEBATE

Will Ireland Say "I Do"? Gay Marriage Referendum Challenges Catholic Values (part 1)

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DEBATE

Will Ireland Say "I Do"? Gay Marriage Referendum Challenges Catholic Values (part 2)

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FOCUS

Mother of French terror victim seeks to open minds

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ENCORE!

Aishwarya Rai: An interview with the Queen of Bollywood

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MEDIAWATCH

Ireland on the eve of gay marriage vote

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EYE ON AFRICA

Tensions continue to rise in Bujumbura

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EYE ON AFRICA

Protests continue in Burundi as calls mount for election delay

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EYE ON AFRICA

Burundi: Nkurunziza delays parliamentary polls as clashes continue

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PEOPLE & PROFIT

Crude forecast: What's next for oil prices?

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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 : 2014-08-04

Portugal rescues biggest lender with €4.9bn bailout

Portugal is to rescue its biggest lender, Banco Espirito Santo, with a €4.9 billion bailout. Last week, the bank reported losses of €3.6 billion due to debts from its biggest shareholder, the Espirito Santo group. The rescue plan will see the lender split into "good" and "bad" banks. Also today: Panasonic adds radishes to its product line-up.

By Stephen CARROLL

COMMENT(S)

Archives

2015-05-21 banking

'Breathtaking' misconduct at banks over rate-rigging

Six banks will have to pay out more than $5.6 billion to settle claims they manipulated the foreign exchange market. The fines bring to more than $160 billion the amount the...

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2015-05-20 auto industry

34 million US cars recalled over faulty airbags

The Japanese manufacturer Takata has doubled the number of cars it says are affected by faulty airbags which have been blamed for at least six deaths. Globally, the number of...

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2015-05-19 takeover

Doing it for themselves: French workers make co-operatives a success

The number of co-operatives in France has risen sharply over the past decade, and employee-owned companies have had a greater rate of success. We look at one such example, the...

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2015-05-18 Jérôme Kerviel

Rogue trader Kerviel's bosses 'knew what he was doing'

The police officer who led the investigation into the losses caused at French bank Société Générale by the rogue trader Jerome Kerviel has said she is certain his superiors knew...

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2015-05-14 Narendra MODI

GoPro boss pays $229 million to keep a promise

The Chief Executive of GoPro has paid $229 million to fulfil a promise he made to the company's first employee, who is also his former college roommate. Also today, we're looking...

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