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Added on the 08/01/2015 13:50:04 - Copyright : Euronews EN
Euro zone business activity expanded at its weakest rate since the start of 2015 this month as growth paths diverged. But on the plus side, there was an unexpected surge from France. David Pollard reports.
The European Central Bank has taken the ultimate policy leap, launching a government bond-buying programme which will pump hundreds of billions of new money into a sagging euro zone economy. David Pollard asks if it will have the necessary impact?
The euro has extended losses into a sixth straight day to trade near a nine-year low as investors bet the ECB was getting closer to adopting quantitative easing to ward off deflation. As Sonia Legg reports a slump in German industrial orders and concerns over Greece reinforced bearish views of the single currency.
German manufacturers return to growth but France and Italy's weaken further - while the euro sinks on a warning from Mario Draghi that the ECB faces an uphill struggle. Ciara Lee reports.
The EU has hit Apple with a 1.8-billion-euro fine ($1.9 billion) for violating the bloc's laws by preventing music streaming services from informing users about subscription options outside of its App Store. "Apple did so by restricting app developers' ability to inform users of Apple devices about alternative cheaper options to purchase music available on the internet outside of the Apple ecosystem," commission vice-president Margrethe Vestager says in a statement. SOUNDBITE
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