23. November 2014

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Gasquet to face Federer in Davis Cup singles

LILLE, France (Reuters) – Richard Gasquet was called up in place of Jo-Wilfried Tsonga to face Roger Federer in the first reverse singles of the Davis Cup final between France and Switzerland, organizers said on Sunday. Tsonga did not play in Saturday’s doubles despite having been tipped to partner Gasquet against Stan Wawrinka and Federer. […]

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23. November 2014

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Mamat marches to Manila Masters title

MANILA (Reuters) – Singaporean Mardan Mamat romped to an emotional six-shot win at the $1 million Manila Masters on Sunday to preserve his playing privileges on the Asian Tour for another two years. The 47-year-old entered the week in danger of losing his card but a three-under-par 69 in the wind at the Jack Nicklaus […]

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23. November 2014

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Stenson overcomes nerves to retain Dubai title

DUBAI (Reuters) – Defending champion Henrik Stenson retained the $8 million DP World Tour Championship on Sunday, carding a final-round 70 to finish two shots clear of the field and cement his status as Europe’s number two golfer. Overnight leaders Stenson and Rafael Cabrera-Bello started the final round on 14-under, three strokes clear of England’s […]

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23. November 2014

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U.N. worker leaves French hospital after Ebola recovery

PARIS (Reuters) – A U.N. health worker was discharged from a French hospital on Sunday and left the country after recovering from Ebola, the French Health Ministry said in a statement. The U.N. worker, whose name and nationality have not been disclosed, had been flown to France from Sierra Leone and was in isolation at […]

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23. November 2014

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Falling inflation a worry for Europe but also the world

LONDON (Reuters) – European Central Bank President Mario Draghi has moved closer to launching sovereign debt purchases and data this week will show just how dangerously low inflation has fallen in the $13 trillion euro zone economy. A sickly Europe has held back global economic growth for years, and now it is contributing significantly to […]

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23. November 2014

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Exclusive: China ready to cut rates again on fears of deflation

BEIJING (Reuters) – China’s leadership and central bank are ready to cut interest rates again and also loosen lending restrictions, concerned that falling prices could trigger a surge in debt defaults, business failures and job losses, said sources involved in policy-making. Friday’s surprise cut in rates, the first in more than two years, reflects a […]

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23. November 2014

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Countdown to missed opportunity for EU economy

PARIS (Reuters) – The countdown has begun to what threatens to be a missed opportunity to revive Europe’s stalled economy. When European Union leaders meet on Dec. 18-19 under new management, they have a chance to launch a joint assault on the economic stagnation and high unemployment that are fuelling disenchantment and anti-EU protest among […]

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23. November 2014

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Uncertain Button determined to enjoy the moment

ABU DHABI (Reuters) – Jenson Button is determined to enjoy every minute of Sunday’s Abu Dhabi Grand Prix, hoping it will not be his Formula One farewell but knowing it could be. The 2009 world champion is out of contract after the season-ender, with his McLaren team keeping him guessing about their intentions. In the […]

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23. November 2014

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James and Cavaliers struggle to find winning formula

(Reuters) – The return of the prodigal son to Cleveland is undergoing growing pains as LeBron James and the Cavaliers struggle to fulfill lofty National Basketball Association expectations. Despite being crowned favorites to win the NBA title by Las Vegas oddsmakers after James announced his return to Cleveland in July, the Cavs slipped to 5-6 […]

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23. November 2014

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Pacquiao scores six knockdowns in title defense

MACAU (Reuters) – Manny Pacquiao knocked down American challenger Chris Algieri six times to retain his WBO welterweight championship in Macau on Sunday morning. The first knockdown, in the second round, was a combination of a Pacquiao punch and Algieri slipping on the canvas but in the sixth round Algieri tumbled head over heels after […]

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23. November 2014

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Europe gives green light to AbbVie hepatitis C drugs, others

LONDON (Reuters) – European regulators recommended approval for two drugs made by AbbVie to treat hepatitis C, both of which belong to a new generation of medicines that have proved effective in treating a condition that is the most common cause of liver transplants in Europe. Dasabuvir, known commercially as Exviera, and a combination therapy […]

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23. November 2014

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Ablynx says blood disorder drug estimates conservative

BRUSSELS (Reuters) – Belgian biotech company Ablynx believes its sales estimate for its drug for the rare blood disease TTP is conservative, after tests showed it had potential to treat more than just acute cases. Ablynx recently raised its estimate for peak annual sales for the TTP candidate drug caplacizumab to 300-400 million euros ($373-497 […]

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23. November 2014

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EU must not change course on U.S. trade talks: EU minister

BRUSSELS (Reuters) – Europe’s proposed free trade agreement with the United States would collapse if European leaders bowed to pressure to remove investment protection from any deal, the chairman of EU trade ministers said on Friday. The United States and the European Union are trying to seal a free trade deal which could bring economic […]

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23. November 2014

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Credit Suisse ordered to pay $1.8 billion to finalize U.S. guilty plea

NORFOLK Va. (Reuters) – A U.S. judge on Friday accepted Credit Suisse’s (CSGN.VX) guilty plea to end a criminal case accusing it of helping wealthy Americans avoid paying taxes, and ordered the bank to pay roughly $1.8 billion in fines and restitution. The payout includes a $1.14 billion criminal fine and a nearly $667 million […]

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23. November 2014

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EU investment plan to take shape next week

BRUSSELS (Reuters) – Jean-Claude Juncker will unveil a much anticipated 300-billion-euro ($370 billion) investment plan on Wednesday that is meant to trigger economic growth in the European Union. With Europe’s economy barely growing and disenchanted voters turning increasingly to anti-EU radicals, the European Commission president pledged the money in July and promised to act when […]

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