AP Top Business News At 5:07 a.m. EDT
AP Top Business News At 5:07 a.m. EDT
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World stocks rise on Europe, China growth hopes
BANGKOK (AP) -- World stock markets rose Tuesday, perked by hopes that Europe and China will take steps to boost flagging economic growth....
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UK inflation falls sharply to 3 percent in April
LONDON (AP) -- Official data shows that consumer price inflation in Britain fell to 3 percent in April, a bigger drop than expected and the lowest since February 2010....
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Organizers: Don't mess with the Olympic brand
LONDON (AP) -- One day, the small espresso shop near the site of the London Games was the "Olympic" cafe. The next day, it was the "Lympic."...
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OECD warns risk of 'severe recession' in eurozone
PARIS (AP) -- The 17-country eurozone risks falling into a "severe recession," the Organization for Economic Cooperation and Development warned on Tuesday, as it called on governments and Europe's central bank to act quickly to stop the slowdown spilling over into the global economy....
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Oil hangs below $93 as stock rebound buoys crude
SINGAPORE (AP) -- Oil prices hung below $93 a barrel Tuesday in Asia, holding gains from the previous day as crude followed global stock markets higher....
