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Germany's Munich Re to cut costs but no job losses planned [Yahoo! Finance]

MUENCHENER RE GP UNSP/ADR  (MURGY) 
NASDAQ:AMEX Investor Relations: ir.kiterealty.com
PDF At the Bavaria-based company's presentation of new medium-term targets, outgoing chief executive Joachim Wenning said the group aims to cut costs by €600 million ($699 [Read more]