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(MENAFN - AFP) French Prime Minister Manuel Valls blasted eurozone policies for failing to deliver growth and warned that the European Central Bank seemed "powerless" to ward off deflation, in a speech on Friday.

Valls, struggling to push through reforms of the lagging French economy, also said his government could not boost any further proposed tax breaks for businesses ...

 
(MENAFN - AFP) The US economy generated 209,000 new jobs in July, down from June but maintaining the solid 200,000-plus monthly streak since February, the Commerce Department said Friday.

The unemployment rate rose only by 0.1 points to 6.2 percent, still near its lowest level since October 2008 and well down from the 7.9 percent at the start of 2013.

New jobs were ...

 
(MENAFN - AFP) The head of the World Health Organization and presidents of the west African countries suffering the world's worst-ever Ebola outbreak met in Guinea on Friday to launch a $100 million emergency response.

The leaders of Guinea, Sierra Leone and Liberia gathered in Conakry to organise the deployment of hundreds of medical personnel to help overstretched workers ...

 
(MENAFN - AFP) US consumer products giant Procter & Gamble scored a big increase in quarterly earnings, notching sales gains in three of five segments despite the slow-growth economy and tough pricing from competitors.

P&G garnered net income of $1.9 billion for its fiscal fourth quarter ending June 30, a 38 percent increase compared with a year ago.

"P&G ...

 
(MENAFN - AFP) World oil prices fell on Friday, coming under pressure following an equities sell-off and ahead of vital US payrolls data, analysts said.

US benchmark West Texas Intermediate (WTI) for September delivery slid $1.08 to $97.09 a barrel.

Brent crude for September was down 71 cents at $105.31 in London early afternoon trading.

The equities sell-off ...

 
...
 
(MENAFN - AFP) Britain's state-rescued Royal Bank of Scotland has capped lending in Russia after the imposition this week of new economic sanctions against Moscow linked to the Ukraine crisis, it announced Friday.

"Following developments in Ukraine, ratings were reviewed, limits adjusted and additional credit restrictions placed on new business," RBS said in a statement, ...

 
(MENAFN - AFP) The US economy generated 209,000 new jobs in July, down from June but maintaining the solid 200,000-plus monthly streak since February, the Commerce Department said Friday.

The unemployment rate rose a mere 0.1 point to 6.2 percent, still near its lowest level since October 2008 and well down from the 7.9 percent at the start of 2013.

The new jobs were ...

 
(MENAFN - AFP) Libya has warned of a "total collapse" of its health care system as the chaos plaguing the country threatens to send into flight many of the Filipino and Indian staff on whom its hospitals depend.

Fighting between rival militias in Tripoli over the past three weeks and bloody clashes between Islamists and army special forces in the eastern city of Benghazi ...

 
(MENAFN - AFP) The head of the World Health Organization and presidents of the west African countries suffering the world's worst-ever Ebola outbreak were due to meet in Guinea on Friday to launch a $100 million emergency response plan.

The leaders of Guinea, Sierra Leone and Liberia will gather in Conakry to organise the deployment of "several hundred" medical personnel, ...

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