Thyssenkrupp's warns of economic pressure as profit falls
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FRANKFURT/DUESSELDORF (Reuters) - Steel-to-elevators group Thyssenkrupp on Tuesday warned of a darkening economic backdrop, a key driver of demand for its products, signalling tough times for its capital goods business ahead of a planned spin off.Fears of a global economic slowdown have increased in recent months, with euro zone businesses expanding at their weakest rate since mid-2013 at the start of the year as demand fell for the first time in four years.Thyssenkrupp, which said last year it..