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EYE ON AFRICA

French far right leader Marine Le Pen meets with French troops in Chad

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THE DEBATE

Westminster Attack: What response to Parliament Rampage? (part 2)

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THE DEBATE

Westminster Attack: What response to Parliament Rampage? (part 1)

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FOCUS

A day in the life of an Indian entrepreneur

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BUSINESS DAILY

US department store Sears faces possible closure

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THE INTERVIEW

Thomas Friedman on technology, Trump and the media

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IN THE PAPERS

'Terror in Westminster'

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MEDIAWATCH

Internet users say 'we are not afraid' after Westminster attack

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BUSINESS DAILY

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

Latest update : 2014-08-05

Crédit Agricole takes €700m hit over bailed-out Portuguese bank

Crédit Agricole is to write off its stake in the troubled Portuguese lender Banco Espirito Santo, at a cost of €708 million. It comes after the Lisbon government announced a €4.9 billion rescue plan for BES on Monday. The news sent the French bank’s shares soaring in early trading. Also today: how the United States is playing catch-up with China at its African leaders' summit in Washington.

By Stephen CARROLL

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Archives

2017-03-23 eurozone

US department store Sears faces possible closure

The future of US department store chain Sears is in doubt as it faces mounting losses and a shifting market. Meanwhile, the eurozone's chief is in hot water over some...

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2017-03-22 Uber

More countries suspend Brazilian meat imports amid scandal

The fallout from Brazil's meatpacking scandal keeps piling up as more countries suspend imports. Hong Kong, Canada, Mexico and Switzerland have joined the list of countries with...

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2017-03-21 agriculture

French candidates slug it out over economy

France's presidential hopefuls have put forth their visions for the country's economy during a historic debate. Meanwhile, a scandal over tainted Brazilian meat deepens, and...

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2017-03-20 Brazil

Over 30 Brazilian companies accused of selling tainted meat

In Brazil, authorities allege that major meat processing companies bribed officials in order to allow them to sell rotten beef and poultry. The government is now attempting to...

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2017-03-17 G20

G20 finance ministers to discuss free trade in Germany

G20 finance ministers are meeting in Germany, with fears of protectionism high on the agenda. Also today: Iceland says its banks are thriving after capital controls are lifted,...

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