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China syndrome: how the slowdown could spread to the Brics and beyond

umbling share prices. A sell-off in commodity markets. Capital flight from some of the world’s riskier countries. Hints of a looming currency war.Financial markets ended last week in panic mode as fears emerged that the world was about to enter the next phase of the crisis that began eigh...

Eurozone condemned to permanent crisis without reforms

Political paralysis in the eurozone will force the bloc into permanent turmoil unless countries stop “muddling through” the crisis and take responsibility for reforms, the architect of Europe’s tough budget rules has warned. Olli Rehn, who served as the European Commission&rsquo...

Europe's Stoxx 600 Falls 13% From April High, Enters Correction

A three-day selloff culminated in Europe’s benchmark equity gauge falling 13 percent from its record. The Stoxx Europe 600 Index entered a correction, following the U.K.’s FTSE 100 Index on Thursday. Thirteen out of 18 western-European markets have lost 10 percent or more from their highs, with Germany’s DAX Index down 18 percent. The stock rout that began last week after C...

Capital Assured Announces Strategic Partnership with Florida Lifestyle and Business Exhibition in Dubai

Real estate investment, management and development firm Capital Assured is to become the strategic partner for the Florida Dubai Link: Lifestyle and Business Exhibition in Dubai, September 6-7th 2015.    With a new direct daily flight between Dubai and Orlando offered by Emirates Airlines from September 1st, this is the perfe...

FINRA probes Merrill over anti-money laundering compliance: source

Wall Street's self-regulatory body has been probing Bank of America Merrill Lynch over its failure to detect the activities of a former financial adviser, who pleaded guilty to helping a client cover up an insider-trading scheme and launder the proceeds, said a source familiar with the matter. The Financial Industry Regulatory Authority (FINRA), which has been in discussions with Merrill (B...

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ZeroAvia announces completion of $116m Series C funding round

ZeroAvia has completed its Series C funding round at a total of $116m. The UK Infrastructure Bank joins the round as a cornerstone-level investor alongside co-leads Airbus, Barclays Sustaina...