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Telegraph.co.uk

Thursday 21 June 2012

Merkel says Bond buying plan to ease euro debts only 'theoretical'

Angela Merkel put Germany on a collision course with its European neighbours by insisting an idea to allow bail-out funds to buy Spanish and Italian debt was "purely theoretical".

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German banker admits taking Ecclestone bribe

A German banker in charge of selling Formula 1 has admitted in court that he took bribes from Bernie Ecclestone in exchange for selling the motor racing group to private equity firm CVC.

US Fed sharply lowers growth forecasts

America's central bank has stepped up efforts to rescue the US recovery by extending “Operation Twist”, a diluted version of quantitative easing, but it disappointed markets by failing to launch a full-blown stimulus programme.

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BT bid for all Premier League football rights

BT tried to pull the rug from under BSkyB’s football coverage by bidding for the rights to all of the Premier League matches.

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Russia 'wants BP to stay’ in the country

BP could yet find a way forward in Russia, a senior member of the country’s government has suggested, declaring the state did not want the British oil major to leave the country.

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Homeserve boss's 'living expenses' do little to repair damage

Despite an FSA investigation into alleged mis-selling at Homeserve, and a share price that has fallen 70pc over the last year, the board has not curtailed its lavish payouts.

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LSE chief says regulation 'killing the equity markets'

New regulations are "killing" the equity market, according to Xavier Rolet, chief executive of the London Stock Exchange.

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Grayling welcomes fall in unemployment

Employment Minister Chris Grayling welcomes a drop in the number of unemployed people but warns tough times lie ahead.

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Rio Tinto shares are undervalued

Investors in miners such as Rio Tinto have had a torrid time this year, but the whole sector looks undervalued. Questor says buy.

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Record profits at Crown Estate boost Queen's income

The Queen is set to enjoy a sharp rise in income after the flourishing prime property market in London drove The Crown Estate to record profits.

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Review: BlackBerry 10

BlackBerry’s new software might just get the beleaguered RIM back in the race with its smartphone rivals – but only if it gets the timing right.

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Cisco 2012 Interview Five: Omega

The 2012 interview in association with Cisco brings you exclusive interviews with OMEGA President Stephen Urquhart & Peter Hurzeler, of the Omega Timing Board.

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Bernanke: 'Fed prepared to do more' for the economy

The Federal Reserve delivers another round of monetary stimulus and its chairman says it was ready to do even more to help a US economic recovery that looks increasingly fragile.

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