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Business News – Mario Draghi, GM, United States

Draghi: Eurozone Recovery Faces ‘Downside Risks’
European Central Bank head Mario Draghi is sticking to his forecast that the recession-bound euro area economy will recover later this year ? but cautions the hoped-for rebound could be delayed.

GM CEO sees U.S. auto demand strong for next 4-5 years
General Motors Co Chief Executive Dan Akerson said on Thursday the U.S. auto industry will see strong demand for the next four or five years as more drivers continue to replace their aging vehicles. U.S. …

Oil price flat as supplies increase
The price of oil was nearly unchanged above $94 a barrel Thursday, stabilizing after a sharp drop the day before sparked by rising U.S. crude supplies.



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