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European Stocks Mixed, German Industrial Production Disappoints
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European stocks traded mixed, with German industrial production unexpectedly decreasing. Munich Re reported $95 billion in insured losses from natural disasters, while GSK acquired Aiolos Bio for $1 billion. Oil prices rebounded after previous losses.
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How might the unexpected decrease in German industrial production impact the country's economic outlook?
What factors could have contributed to the rebound of oil prices after previous losses?
What implications does Munich Re's reported insured losses have for the global insurance industry?
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