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Finance News

Report: France backs off caps on CEO pay

France's finance minister says the government is no longer planning to cap executives' salaries in the private sector, amid concerns it is antagonizing the big businesses needed to reinvigorate the economy. Full Story

German business confidence unexpectedly rebounds

German business confidence rebounded this month in an unexpectedly strong showing that sends a hopeful signal for more robust growth in Europe's biggest economy, a closely watched survey found Friday. Full Story