Europe News
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European stocks posted their first weekly loss in more than a month as investors debated when the Federal Reserve will scale back momentary stimulus and Chinese manufacturing unexpectedly shrank.
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Switzerland’s top negotiator in talks to resolve a U.S. Justice Department probe of Swiss banks that allegedly helped Americans dodge taxes will step down at the end of August.
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3i Group Plc said it offered to buy Barclays Plc’s European infrastructure-fund business as the U.K.’s biggest publicly traded private-equity firm seeks to boost investments in the region’s physical assets.
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SAP AG said its cloud-computing chief and founder of SuccessFactors Inc., a software provider it bought last year, is leaving the company as part of a management overhaul.
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