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China’s Small Revaluation Helps Calm Markets, But Now Investors Are Worrying About Greece

China ends the week’s string of devaluations with a token move in the opposite direction, revaluing the currency by just 0.05%.

European Stocks Steady as Greece Agrees to Bailout, China Currency Stabilizes

European stocks eked out small gains after China made good on yesterday's promise of a more stable currency. The Greek parliament voted in favor of the austerity package.

Markets Calmer, Despite China’s Third Devaluation of the Renminbi, as Central Bank Hints At Stability

European and Asian markets steady this morning after China’s third devaluation of the renminbi in as many days.

European Stocks Rise as China's Third Devaluation Seems the Last for Now

European and Asian markets steadied after China's third devaluation of the renminbi in as many days was accompanied by a declaration that there was no basis for devaluation to continue.

Pearson Sells 50% Economist Stake for $731 Million

Italy's Agnelli family, owner of Fiat Chrysler, takes its stake to 43.4%. Remaining shares will be owned by the Economist Group and the Rothschild, Cadbury, Layton and Schroeder families.

China Devaluation Hits Markets Across Asia and Europe as Exposure to Chinese Market Sours

China’s second devaluation in as many days, this time by 1.6%, hits currency and equity markets worldwide.

European Stocks Fall Hard as Chinese Devaluation Hurts Markets Globally

China's second devaluation of the renminbi in as many days caused turmoil in Asian currency and equities markets, and was swiftly followed by falls in European indices.

U.S. Crane Maker Terex to Merge With Finland's Konecranes

The merger of two manufacturing groups will create a $10 billion a year company focused on lifting gear, cranes and materials handling.

China Expands in Aircraft Leasing with $2.6 Billion Avolon Bid

China's Bohai Leasing raised its offer for Avolon above that of an undisclosed rival in a bid to expand its global exposure in aircraft leasing and finance.

Shell Sells Out of China Lubricants Venture as Chinese Drive More Cars

Private equity shop Carlyle Group and Huo's Group will buy the 75% stake in Tongyi Lubricants. Shell plans to focus on its own brands as car ownership in China grows.

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