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Finance Latest News: European Central Bank Leaves Interest Rates at Record Low

The central bank kept its main rate at 0.5 percent, as expected, choosing not to respond yet to signs of increasing financial tension in the euro zone. Apple is said to be plottin... More The central bank kept its main rate at 0.5 percent, as expected, choosing not to respond yet to signs of increasing financial tension in the euro zone. Apple is said to be plotting new incentives and schemes to persuade shoppers to buy the iPhone in-store. The move apparently comes in a bid to fight competition from Android smart phones. While CEO Tim Cook is supposedly happy with sales figures for Mac and iPad devices, he wants more customers to buy iPhones from inside Apple shops, so that they get a gander at the other glossy gadgets Apple is flogging. According to a top Goldman Sachs strategist, Investors who wrongly called time on U.S. economic supremacy during the financial crisis are set to pay a hefty price for betting too much on the developing world Less

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