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The compromise paper, seen by the Financial Times, indicates how far EU member states want to restrict the European Commission’s proposals to introduce a €35bn eurozone levy with global reach
Riskier assets are struggling for traction as the yen gains and investors position for approaching holiday season and a possible Fed taper
The NOK has been the third worst performing G10 currency this year, hurt by weaker commodity prices and a sluggish Norwegian economy
Funds brought in $360bn this year in investment returns and inflows from investors, up 15.7% on their assets under management in 2012, according to data provider Preqin
Rating agency says improving but still weak economic growth for most of continent implies revenue and operating cash flow growth likely to remain weak
West’s energy watchdog cites stronger than expected demand from developed nations within the OECD, which the IEA estimates at 320,000 b/d for 2013