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ECB move on Greek banks hits euro confidence
ECB move on Greek banks hits euro confidence
The European Central Bank has stopped offering liquidity to some Greek banks it does not consider solvent, and international concern about the euro zone rose as Athens called new elections that look set to be won by parties opposing austerity measures.
 
BoE warns of EU crisis storm
Bank of England Governor Mervyn King said officials have prepared for dangers posed by Europe’s debt crisis, after the bank lowered growth forecasts and raised predictions for inflation this year.
UAE-Italy trade rises 20% in Q1
Trade between the UAE and Italy trade grew 20 per cent in the first quarter of the year, as the total size of bilateral trade rose to $5 billion in the past year.
GCC ministers of commerce hold 45th meet
Empower posts 30% rise in hotel customers
Nation
Al Bayader International plans massive expansion
UAE-Italy trade rises 20% in Q1
Jurisdiction for hearing Nakheel cases clarified
Indian plastic companies urged to invest in Hamriya Free Zone
UAE-UK Joint Economic Council considers seven working teams
Biz Talk
Asian start-ups gain as Facebook’s Saverin looks East
Far from the Wall Street limelight, Facebook’s co-founder Eduardo Saverin is keeping a low profile in Singapore, investing his wealth in tech start-ups while enjoying a life of luxury.
Technology
New York unveils digital map to help job seekers
New York City Mayor Michael Bloomberg has unveiled an online map aimed at helping job applicants find employment in local technical and digital media businesses.
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