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U.S. regulators on Friday rejected a proposal from the NYSE Arca exchange to be able to list and trade actively managed exchange-traded funds that do not have to disclose their holdings on a daily basis.

Ifo economist Klaus Wohlrabe said on Monday he expected zero growth in the fourth quarter in Germany and that there were almost no bright spots for German industry at present.

Despite opposition from nearly half of Brazil's voters, leftist President Dilma Rousseff won re-election on Sunday and will have another four years to try to revive growth in a once-booming economy gone stagnant.