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  • *Deal gives Steinhoff exposure to African clothing market. JOHANNESBURG, Nov 25- South Africa's Steinhoff International will buy clothing retailer Pepkor in a $5.7 billion deal that gives the budget furniture firm exposure to Africa's fast-growing apparel market and strengthens its business in eastern Europe. The 62.8 billion rand cash and share deal will...

  • *German Q3 GDP up 0.1 percent, in line with flash estimate. *Private consumption posts biggest rise in three years. BERLIN, Nov 25- A sharp rise in private consumption more than compensated for stubborn weakness in investment to help the German economy post modest growth in the third quarter and avoid a technical recession, data showed on Tuesday.

  • *OPEC meets in Vienna on Thursday to discuss production. LONDON, Nov 25- Brent crude oil prices steadied under $80 a barrel on Tuesday ahead of a key meeting of OPEC oil producers to decide on oil production levels for next year. Several OPEC members want the group to cut production dramatically to ease a global supply glut, but Saudi Arabia, the biggest exporter,...

  • *German Q3 GDP up 0.1 percent, in line with flash estimate. BERLIN, Nov 25- A sharp rise in private consumption more than compensated for stubborn weakness in investment, helping the German economy post modest growth in the third quarter and avoid recession, data showed on Tuesday. Germany's Federal Statistics Office confirmed an earlier flash estimate showing a...

  • DIARY - Top Economic Events to Dec 8 Monday, 24 Nov 2014 | 7:01 PM ET

    TOKYO- Europlace Financial Forum in Tokyo. Banque de France Governor Christian Noyer, French Economy Minister Emmanuel Macron and Bank of Japan Deputy Governor Hiroshi Nakaso to attend. SYDNEY- RBA Deputy Governor Philip Lowe speaks at the Annual Australian Business Economists Conference dinner in Sydney- 0905 GMT.

  • AMSTERDAM/ FRANKFURT, Nov 24 (Reuters)- ASML, the world's second largest maker of semiconductor production equipment, said on Monday it could nearly double annual sales to 10 billion euros ( $12 billion) by 2018-- or up to two years later if customers put off buying its latest machines. ASML is working to introduce a new generation of' extreme ultraviolet' (EUV) tools which...

  • LONDON, Nov 24- If the world's biggest central banks were actually coordinating a global monetary policy, they could scarcely do a better job of convincing financial markets right now. Three weeks on, European Central Bank chief Mario Draghi insists his bank will move "as fast as possible" to raise euro zone inflation using all means available- something...

  • ECB official calls for gov't action to help growth Monday, 24 Nov 2014 | 8:33 AM ET

    FRANKFURT, Germany— A member of the European Central Bank's rate-setting council has said monetary policy cannot boost long-term growth and called for reforms by governments to make the weak economy more investment-friendly. Jens Weidmann said in the text of a speech in Madrid on Monday that low interest rates and stimulus measures can boost short-term...

  • Tesla in talks to team up with BMW: Elon Musk Monday, 24 Nov 2014 | 7:17 AM ET

    Tesla is in talks with BMW over a possible collaboration in batteries and lightweight components, Tesla's CEO told German weekly Der Spiegel.

  • UPDATE 1-German business morale rebounds in November Monday, 24 Nov 2014 | 4:36 AM ET

    BERLIN, Nov 24- German business sentiment rebounded in November, breaking a streak of six straight declines, in a sign that Europe's largest economy may be gaining some momentum again after narrowly avoiding a recession in the third quarter. The Ifo's business climate index, based on a monthly survey of some 7,000 firms, rose to 104.7 from 103.2 in the previous...

  • German business confidence up after long decline Monday, 24 Nov 2014 | 4:15 AM ET

    BERLIN— A closely-watched survey shows German business confidence rose in November, putting an end to six consecutive months of declines. The German economy has been held back by slower demand in key export market China, and by worries about the conflict between Russia and Ukraine. Germany's economy shrank 0.1 percent in the second quarter but returned to...

  • German business morale rebounds in November Monday, 24 Nov 2014 | 4:06 AM ET

    BERLIN, Nov 24- German business sentiment rebounded in November, breaking a streak of six straight declines, in a sign Europe's largest economy is gaining momentum again after narrowly avoiding a recession in the third quarter. The Ifo's business climate index, based on a monthly survey of some 7,000 firms, rose to 104.7 from 103.2 in the previous month, the Munich-...

  • Holger Schmieding, chief economist at Berenberg Bank, talks about Germany's IFO Business Climate Index for November, saying that having "positive German numbers" is a turnaround that both the country and Europe needs.

  • SYDNEY, Nov 24- Asian share markets were broadly higher on Monday as the prospect of further policy stimulus in China and Europe whetted risk appetites while sending the euro skidding. "China's rate cut adds to the determination of global policy makers to avoid deflation and support growth," said Shane Oliver, head of investment strategy at fund manager AMP...

  • *Sources say China ready to ease further after rate cut. SYDNEY, Nov 24- Asian share markets followed the dollar higher on Monday as the prospect of further policy stimulus in China and Europe whetted risk appetites while sending the euro skidding. The single currency was matching 28- month lows in early trade having shed 1.2 percent on Friday when European...

  • *Aussie holds gains after surprise China rate cut. SYDNEY, Nov 24- The euro flirted with a two-year trough against the dollar early on Monday and was broadly weaker as investors gave the common currency a wide berth on prospects of more easing from the European Central Bank. Selling continued in Asia on Monday, with the euro slipping towards $1.2359, just a whisker...

  • BERLIN, Nov 23- Germany is working on a new law to force energy companies to shut down several more coal-fired power plants as it tries to reach ambitious climate goals, a document seen by Reuters showed on Sunday. Although Germany has seen a boom in green energy, accounting for about 25 percent of overall power generation, environmentalists criticise the country...

  • PARIS, Nov 23- The countdown has begun to what threatens to be a missed opportunity to revive Europe's stalled economy. Treasury Secretary Larry Summers says Europe risks "secular stagnation"- a long-term, self-perpetuating slump similar to the one that followed the Great Depression in the 1930 s. France's economy is flatlining, Italy's has fallen back into...

  • Cramer Remix: Warning about Friday's rally Friday, 21 Nov 2014 | 6:48 PM ET
    Jim Cramer on Mad Money.

    Before you get too excited about Friday's move, "Mad Money" host Jim Cramer puts it in context.

  • Cramer's gameplan comes with a warning Friday, 21 Nov 2014 | 6:09 PM ET

    Jim Cramer issues a stiff warning for investors regarding Europe and Asia and reveals the stocks on his mind for next week.