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  • The Italian government approved a so-called "Robin Hood" tax on oil companies to fund aid for low-income households hit hard by increased food and energy prices.

  • Protests against surging fuel prices which have triggered fears of political instability and a global economic downturn expanded in Europe and Asia on Monday, and Colombian truckers said they would join the wave of strikes.

  • Staples Store

    U.S. office supply retailers Staples' improved $2.65 billion bid for Corporate Express won the Dutch company's approval, Corporate Express CEO Peter Ventress told "Squawk Box Europe."

  • Tesco said its first quarter like-for-like sales excluding petrol in its core UK market rose 3.5 percent, slower than at the start of the year as clothing and furniture sales were hit by a consumer squeeze.

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    Spanish truck drivers smashed windscreens and Portuguese truckers blocked roads on Monday as protests over rocketing global fuel prices spread across Europe.

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    Cellphone sales in Western Europe in January-March fell 16.4 percent from a year ago, the first decline since research firm Gartner started tracking the market in 2001, as the economic slowdown hurt demand.

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    Belgian brewer InBev, the world's second-biggest by volume, could start talks with rival Anheuser Busch on a possible merger bid Tuesday, according to a published report.

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    The first criminal trial in a mammoth bribery probe at German engineering giant Siemens began on Monday and the prosecutor warned that it should send a signal to corporations that corruption would not be tolerated.

  • Oil Pipeline in Germany

    This much is clear: European nation states are focusing on different ways of securing energy supplies for the long-term through a mix of politics and innovation.

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    Euro zone economic growth looks set for a sharp slowdown in the second quarter after a strong performance at the start of the year, data showed on Friday, but rocketing inflation will keep interest rates on hold.

  • European shares were set to fall on Tuesday, snapping a four-session winning streak, tracking a mixed performance on Wall Street and weaker Asian stock markets as persistently high oil prices fuelled concerns about rising inflation.

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    - Notes from an ECB groupie's travelog -

  • Up to 60 percent of Europeans may bank online by 2020, a level already reached by Sweden and Denmark today, Deutsche Bank said in a report on Tuesday.

  • Shares of Dow component Boeing and the parent of its European rival Airbus slipped in European trading Monday after weekend reports that both companies were facing more delays for much anticipated aircraft.

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    Talk about coming of age. The Beijing Auto Show and China's auto market are making a statement this week. It's loud and clear: "We are world players!" In fact, it brings up the question about whether this show and the Chinese market are bigger than the Detroit Show and U.S. Market?

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    A cash shortage among private-equity firms will slow down overall merger and acquisition activity even more this year, but investors looking for action should keep an eye on consolidation and strategic deals.

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    Surging energy and food prices pushed euro zone inflation to a new high of 3.6 percent in March, boosting the euro to a record high against the dollar on fading chances of a ECB rate cut in the near term.

  • A truck enters a BP chemical plant near Hitchcock, Texas

    China has accumulated a stake of just under 1 percent in BP, raising fresh questions about Beijing's strategy for investing its huge foreign currency reserves.

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    European shares closed firmly in the red Monday, but were off the session's lows, as U.S. retail sales, a key gauge of the economy's health, came in better than expected.

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    The European Central Bank kept rates on hold at 4 percent, as expected, on Thursday, sticking to its mandate to fight inflation at any cost. Economists now think the possibility of monetary easing is more likely as late as the fourth quarter.