BC-Business News Digest
â¿¿ EUROPE-ECONOMY â¿¿ Inflation across the 17 European Union countries that use the euro fell for the third month running in March to its lowest level in nearly three years, official figures showed.
MOSCOW â¿¿ A key investor in Russia's 2014 Olympics is lobbying the government to offer tax rebates for companies operating there to help offset the rising costs. By Aliya Vasilyeva.
â¿¿ BRITAIN-RBS â¿¿ Royal Bank of Scotland shareholders have filed a 4 billion pound ($6 billion) lawsuit against the company, claiming they were misled into thinking the bank was healthy just before its collapse.â¿¿ ITALY-MAFIA SEIZURE â¿¿ Italian police have seized a record â¿¬1.3 billion ($1.7 billion) in cash and property from a single person, a Sicilian alternative energy entrepreneur alleged to have close ties to the Mafia. â¿¿DUBAI-NEW AIRPORT â¿¿ Dubai aviation officials say scheduled passenger flights will begin in October from a new airport built with the goal of becoming the world's busiest. â¿¿ HONG-KONG-PORT-STRIKE â¿¿ A strike by Hong Kong dockworkers that is slowing cargo shipments at the world's third busiest port looks set to drag into a second week. â¿¿ JAPAN-ECONOMY â¿¿ Japan's central bank is holding its first policy meeting under a new governor amid expectations of fresh moves to ease monetary policy and spur a recovery in the world's third-largest economy. â¿¿ INDIA-ECONOMY â¿¿ Prime Minister Manmohan Singh woos India's top business leaders, promising to cut the red tape stifling investment in the country and invest in badly needed infrastructure projects. PERSONAL FINANCE FINANCIAL CRISIS-5 YEARS AFTER WASHINGTON â¿¿ Americans have grown more cautious and disciplined in handling their money since the financial crisis struck in 2008, a survey by a leading mutual fund company suggests. People say they don't spend as much, save as little or embrace as much risk as they did during the crisis, according to a survey of nearly 1,200 people by Fidelity Investments. As a group, people say they're saving more in 401(k) retirement plans and reducing debt. By Personal Finance Writer Mark Jewell.
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