European markets recover some of Tuesday’s losses, encouraged by euro’s fall against dollar and other currencies. The European Central Bank’s quantitative easing program has squeezed bond yields and reduced deflationary expectations, while prospect of interest rate rises in U.S. has boosted the dollar. Commodities giant Glencore reported to be taking 49% of Russian oil company RussNeft. Barcode-printer maker Domino Printing Sciences gets $1.55 billion offer from Japan’s Brother Industries. British oil producer Cairn Energy battles Indian taxman in court over retrospective demand for $1.6 billion.
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