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291. Mercedes Benz Post Sales Slump as Euro Crisis Hits Demand

Luxury German carmaker Mercedes Benz reported Friday its first drop in sales this year as the eurozone debt crisis resulted in a steep slump in demand in the group's key Western European market and demand slipped in China.

292. Toyota Net Profit Surges to $3.7 Billion

Toyota Motor Corp on Friday reported net profit in the April-to-June quarter increased 250-fold to $3.7 billion (290.3 billion yen) in a strong recovery from the 2011 disasters.

293. ECB Disappoints Investors, Spanish Bond Yield Up

Spain's borrowing costs rose on Friday after European Central Bank chief Mario Draghi failed to announce immediate plans for dealing with the euro debt crisis.

294. European Central Bank Startles Markets

European Central Bank President Mario Draghi said the bank would "consider" unconventional steps to support the euro, rattling markets.

295. Obama, Hollande Call for 'Eurozone Stability'

US President Barack Obama and French President Francois Hollande issued a joint call for stability in the eurozone Wednesday, a day before of a key meeting of the European Central Bank.

296. Eurozone: Monti to Hold Berlin Talks with Merkel in August

Italy's prime minister Mario Monti will travel to Berlin "in the second half of August" to hold talks with German Chancellor Angela Merkel following a joint pledge to protect the eurozone, according to German government spokesman Georg Streiter.

297. Markets Fret ECB Could Disappoint with Debt Crisis Action

The European Central Bank meets in Frankfurt Thursday amid market concerns that it might fail to meet expectations of new action to tackle the debt crisis following ECB chief Mario Draghi's pledge to do what it takes to safeguard the euro.

298. Hollande, Monti Pledging to Do 'Everything' to Save Euro

France's president and Italy's prime minister joined a growing chorus of European leaders and policymakers pledging to do "everything" to save the euro.

299. Fiat Reports $440 Million Q2 Profit

Fiat said that it earned a profit of 358 million euro or $440 million during the second quarter, because of the inclusion of profits from Chrysler.

300. Capital Flees Crisis-hit Spain

Capital worth about $200 billion dollars left Spain in the first five months of this year, the Bank of Spain said Tuesday. The figure includes portfolio investments, bank deposits and credits.

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