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Euro zone companies are starting to absorb high wage pressures via their profits and the risk that inflation expectations become de-anchored from the 2% target has receded, European Central Bank...
* Ana Botin to testify on Wednesday in Madrid court * Orcel’s expected job at UniCredit could influence legal battle MADRID, March 5 (Reuters) - One of the most public rows over a top job offer at Spain’s Santander is heading to court next Wednesday, pitting the bank against Andrea Orcel just weeks before the renowned dealmaker takes the helm at Italy’s UniCredit. The case stems from Santander’s decision two years ago to suddenly drop plans to make Orcel its CEO after a disagreement over his pay package. The dispute has raised much interest in the financial community, not least for ho...