Europe kills Siemens’ plan to create the Airbus of trains

London( CNN Business) The European Union has stymie a merger by Siemens and Alstom that would have created the learn equivalent of aviation powerhouse Airbus.

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The German economy just had its worst year since 2013

London( CNN Business) Germany may have evaded a recession but its economic operation in 2018 was still the weakest in five years old, adding to proof that sell pressures and a sharp-worded slowdown in China are restraining world growth.

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Sears reaches 11th hour deal to stay in business — for now

White Plains, NY( CNN Business) Sears reached an 11 th-hour bargain Tuesday to remain open — at least for now.

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China’s factory sector contracts for the first time since 2016

Hong Kong( CNN Business) China’s slowing economy is ending 2018 on a sour note.

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Verizon and Disney reach a deal to avoid Fios blackout

New York( CNN) Disney and Verizon have reached an agreement to resolve a high-stakes spat over programme fees that threatened to slap ESPN, ABC and other Disney-owned channels off of Fios’ TV network.

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Chinese investors lead a $5 billion bid for the owner of Louisville Slugger

London( CNN Business) Chinese investors are passing an attempt to buy Amer Sports, the owner of brands including Louisville Slugger and Wilson, for more than$ 5 billion.

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Trump promised to rescue the coal industry. But he can’t

New York( CNN Business) The Trump administration struggled a daring extricate of the coal country, but the pro-coal schedule is unable to jump-start a renaissance — and analysts don’t participate one on the horizon.

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How Black Friday shopping could change if Trump’s trade war goes on

The Food and Drug Administration( FDA) on Tuesday said the public should not chew romaine lettuce as a result of a multistate E. coli outbreak. At least 32 people have gotten sick and at the least 13 ought to have…

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Fed meets to weigh future rate hikes

Washington( CNN Business) Policy producers at the Federal Reserve are set to gather in Washington on Wednesday to discuss whether to cool off are projected to hike frequencies faster.

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ZTE temporarily allowed to resume some U.S. business activities

Thanks to President Trump, Chinese smartphone producer ZTE will soon be up and running again in the U.S . Image: THOMAS PETER/ AFP/ Getty Images ZTE, the Chinese smartphone creator that was banned from operating in the U.S. this past…

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