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Chirac backs revolution on green energy
Jacques Chirac, French president, swung his support behind plans for a renew-able energy revolution, raising hopes that the European Union would take concrete measures to lead the global fight against climate change.
SEC official attacks UK market ‘casino’
Alleges 30% of new AIM listings fail
Funds grab large share of US Treasuries
Activity eclipses many investment banks
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China axes foreigners’ tax breaks
Ends favourable treatment for firms
CEOs warn of threat to US trade
Resistance to labour standards concessions
ECB lifts interest rates, signals further rise
Eurozone rates increased to 3.75%
Lufthansa drops opposition to open skies
Move increases pressure on UK
Boeing chief confident of USAF order
GAO insists others entitled to bid
Italian police raid EU adviser’s office
Probe into misue of €200m of public money
Carrefour hints at property portfolio sell-off
Value of assets estimated at €15bn-€20bn
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Exxon and Big Oil’s challenge
For those investors addicted to oil but looking for a safe haven in the sector, Exxon’s record and continuing investment discipline are not to be sneezed at.