Italy budget concession hopes switch risk sentiment back on, boost euro

The euro bounced off six-week lows on Wednesday, European shares rose and Italian bonds rallied as some of the worries that have rippled across markets this week were soothed by signs Rome was...

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Wife of former Malaysian PM Najib arrested by anti-graft agency

Malaysia's anti-graft agency arrested former first lady Rosmah Mansor on Wednesday and she will be charged with money laundering, her lawyer told Reuters....

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South Africa finance minister: Zuma fired me for refusing to back Gupta deals

South African Finance Minister Nhlanhla Nene told an inquiry into influence-peddling on Wednesday that former president Jacob Zuma axed him from his cabinet because he refused to sign off on deals...

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Indonesia's Widodo says aid gearing up, worry grows about cut-off areas

Indonesia's President Joko Widodo made a second visit to Sulawesi island on Wednesday to ramp up relief efforts following a devastating earthquake and tsunami, as survivors pleaded for water, food...

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Instagram back up after worldwide outage

Facebook Inc's photo-sharing social network Instagram is back up for some users on Wednesday, after suffering a worldwide outage days after it installed a new head of the app....

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Oil rises toward four-year high as Iran sanctions loom

Oil traded above $85 a barrel and near a four-year high on Wednesday, supported by expectations that U.S. sanctions on Iran will tighten supply and strain the ability of Saudi Arabia and other...

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Euro lifted off six-week low by Italian budget speculation

The euro rebounded on Wednesday after reports that Italy plans to reduce its budget deficit over the next three years, but traders said the rally could be short-lived....

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