Economy News
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Job growth probably picked up in May after the weakest gain in six months, and the U.S. unemployment rate held at a three-year low, signs of gradual improvement in the labor market, economists said before reports this week.
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Chinese industrial companies’ profit growth fell in April, a government report showed, as the nation’s slowing economy curbed demand.
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Greece’s New Democracy party placed first in all six opinion polls published in the country today as its leader Antonis Samaras said the cost of leaving the euro area would be greater than staying in the shared currency.
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The Swiss National Bank may introduce measures in addition to the franc ceiling of 1.20 per euro adopted in September, if it comes to further shocks on the currency markets, NZZ am Sonntag reported, citing SNB spokesman Walter Meier.
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