US stocks rise on upbeat German data

US stocks have moved higher following a bullish report on German business sentiment and solid earnings results from computer company Hewlett-Packard. About 40 minutes into Friday trade, the Dow Jones Industrial Average rose 51.51 points (0.37...

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EU sees 2013 recession, dole queues

THE eurozone is staring at another full year of recession in 2013 with unemployment likely to surge above the 20-million mark and France in particular overshooting key fiscal targets, the EU warns. Economic output across the 17-state currency...

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Volkswagen says net profit up 40%

VOLKSWAGEN, Europe's biggest carmaker, says its net profit zoomed ahead by more the 40 per cent last year on higher vehicle sales. VW said in a statement on Friday its net profit soared by 40.9 per cent to a record 21.7 billion euros ($A28.06...

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Cuba's Raul Castro mentions retirement

CUBAN President Raul Castro has raised the possibility of leaving his post, but does not say when he might do so. The Cuban leader made the comments during an appearance on Friday with Russian President Dmitri Medvedev. Castrol told reporters...

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Washington Post sees losses, ads decline

THE Washington Post Co. says circulation and advertising has weakened further at its flagship daily newspaper, as the company reports a quarterly loss linked to a write-down. The company's $US45.4 million ($A44.55 million) loss stemmed from a...

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US weekly jobless claims rise

NEW claims for US unemployment benefits rose last week after two straight weeks of decline. Initial jobless claims rose to 362,000 in the week ending February 16, from the prior week's revised reading of 342,000, the Labor Department said on...

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Pyramid of pharaoh's adviser discovered

A PYRAMID that dates back more than 3000 years and built for an adviser to King Ramses II has been discovered in Luxor, Egypt's state minister for antiquities says. The remains of the large mudbrick pyramid - whose original height was 15 metres...

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18 killed in India bomb blasts

AT least 18 people have been killed and 52 wounded when bombs ripped through crowded areas of the Indian city of Hyderabad in what the prime minister has called a "dastardly act". The bombs targeted a mainly Hindu district in a suburb of the...

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Three killed in Las Vegas shootout

AT least three people have died and three others are injured after a "rolling shootout" and multiple car crash on the Las Vegas strip, police say. Two speeding cars, including a Maserati, were involved in a shootout in the neon-lit casino and...

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Top detective assigned to Pistorius case

SOUTH African police have named a top detective to take over the bungled Oscar Pistorius investigation after it emerged the officer assigned to the case faces attempted murder charges. "We recognise the significance, the importance and the severity...

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Fresh unrest erupts at Greek protests

POLICE in Athens have fired tear gas at stone-throwing protesters as thousands of Greeks walked off the job to join the debt-ridden country's first general strike this year and oppose austerity measures. About 15,000 striking workers took part...

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UK neighbourhood wants its Banksy back

A LONDON neighbourhood wants its Banksy back. A stencil by the famed, secretive graffiti artist of a young boy sewing Union Jack bunting on an antique sewing machine appeared on the side of a bargain store last May. Interpreted as an ironic comment...

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Jury dismissed for wife of disgraced UK MP

A BRITISH jury has been dismissed after failing to reach a verdict in the trial of Vicky Pryce, the ex-wife of a former UK cabinet minister who resigned after lying for years about a speeding ticket. Pryce had pleaded not guilty to obstructing...

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Jackman and Crowe to star at Oscars

RUSSELL Crowe didn't earn many rave reviews for his singing in Les Miserables, but that hasn't stopped the Academy from inviting him to appear on stage for a musical extravaganza during Monday's (AEDT) Oscar ceremony. Crowe, Hugh Jackman and their...

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Grenada's opposition wins election

A FORMER prime minister of Grenada is returning to power on the eastern Caribbean island after his party won all 15 constituencies in parliamentary elections. Keith Mitchell's New National Party defeated the National Democratic Congress of outgoing...

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Blasts near presidential palace in Syria

TWO mortar shells fired by "terrorists" have exploded near Tishreen presidential palace in the Syrian capital, causing some damage but no casualties, state media says. The mortars "landed near the southern wall of Tishreen palace, only causing...

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Missing Sydney boy found

POLICE have found a boy who was reported missing in Sydney's southwest. Tyreese Tutudua was last seen just before 9.30pm (AEDT) on Tuesday after leaving his house on Moore Street at Campsie. A taxi driver later spotted the nine-year-old and...

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NKorea envoy warns South of 'destruction'

SOUTH Korea faces "final destruction" if Seoul and its allies continue to push for tougher UN resolutions against North Korea's nuclear program, Pyongyang has warned. "We have never recognised the propagandist resolutions on sanctions by the...

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Pistorius denies he intended shooting

SOUTH African Olympic hero Oscar Pistorius has tearfully denied the premeditated murder of his model girlfriend Reeva Steenkamp, telling a court he repeatedly shot at her through a locked bathroom door believing she was an intruder. "I am absolutely...

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At least three dead in US shooting spree

POLICE in a California city say at least three people are dead and others are wounded after a chaotic 25-minute shooting spree. Tustin police Supervisor Dave Kanoti says there are several crime scenes as authorities work to determine if the...

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Independent to sell South African titles

IRISH publishing group Independent News and Media (INM) will sell its South African operation to a local empowerment firm, Sekunjalo, in a deal said to be worth $US227.27 million ($A222 million), according to a statement. INM said it has "agreed...

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Weather extremes show climate risk: UN

LAST year's record shrinkage of Arctic sea ice and a spell of catastrophic droughts, floods and storms highlight the risk to the planet from climate change, the UN Environment Programme (UNEP) says. In an annual review of the world's environment...

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Amazon sacks security in German scandal

US online retail giant Amazon says it has cut ties with a security firm at the centre of allegations that foreign seasonal staff hired in Germany by Amazon were harassed and intimidated. An Amazon spokeswoman said it had ensured "the criticised...

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EU agrees news sanctions against N Korea

THE European Union has agreed a raft of new sanctions against North Korea in retaliation for the country's nuclear test last week, EU officials say. The measures range from financial measures to travel bans and asset freezes against individuals....

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Chavez in Venezuela after cancer surgery

PRESIDENT Hugo Chavez has shocked and delighted Venezuelans by returning home after spending more than two months in Cuba for cancer surgery and treatment. Chavez announced his return on Twitter, and his arrival at Caracas airport was not broadcast...

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Anastasiades wins Cyprus presidential vote

RIGHT-WING leader Nicos Anastasiades has won the presidential election in Cyprus with 51 per cent of the vote, exit polls show. The polls gave 66-year-old Disy party leader Anastasiades 51.1 per cent, well ahead of main challenger Stavros Malas,...

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NSW nurses to vote on pay claim

NSW nurses and midwives are preparing to vote on a proposed pay rise and staff ratios claim. The claim includes applying compulsory minimum ratios in all hospitals, including smaller and multipurpose services. It would equate to six nursing...

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Kosovo marks independence five years on

KOSOVO'S president has insisted its independence is an "irrefutable reality" as the impoverished territory marked five years since it broke away from Serbia. Relations have thawed with its long-time foe under EU-sponsored reconciliation talks...

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Plus-sized models celebrate in London

IT'S a skinny girl's world, particularly in fashion where the thin, androgynous look always wins out. But an alternative to London Fashion Week has celebrated the larger lady and all her curves. "Thank you all for being who you are," declared...

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Israel's Lieberman pleads not guilty

THE trial of Israel's former foreign minister Avigdor Lieberman on charges of fraud and breach of trust has opened at a Jerusalem court in a case that will decide the former nightclub bouncer's political future. Wearing a dark blue suit and...

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