US stocks jump one per cent

US stocks have surged higher, following global equity markets that greeted fresh comments from Federal Reserve Chairman Ben Bernanke. He says monetary policy will remain accommodative until the economy improves. Five minutes into trade on Thursday,...

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Microsoft unveils far-reaching realignment

MICROSOFT has announced a sweeping reorganisation of the company. The US technology giant wants to innovate with greater speed, efficiency and capability. It says the "far-reaching realignment" will help integrate efforts around its software...

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Greece broadly on the right track: IMF

THE International Monetary Fund says it expects that Greece, supported by the international bailout, will not face a financial gap before August next year. "There is no financial gap through July 2014," IMF spokesman Gerry Rice said. The IMF...

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Karadzic genocide charge reinstated

THE UN's Yugoslav war crimes court has reinstated a genocide charge against former Bosnian Serb top leader Radovan Karadzic. The court overturned an earlier decision by trial judges on appeal. "The Appeals Chamber... reverses the Trial Chamber's...

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60 dead or missing in Canada train tragedy

LAC-MEGANTIC, July 10 AFP - The number of dead or missing after the runaway oil tanker train disaster in a small Canadian town has risen to 60, police have announced, as the railway chairman heads to the scene. The confirmed death toll remained...

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Bomb kills Pakistan president aide, others

A BOMB attack has killed a senior aide to Pakistani President Asif Ali Zardari and at least two other people in the country's business capital Karachi. The bomb exploded in a middle-class neighbourhood in central Karachi, close to an office...

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Tenor Domingo expects to feel better soon

SPANISH opera star Placido Domingo says he expects to feel "much better soon" after treatment for a blockage in his lung which forced him to cancel a string of concerts in Madrid. "I will be feeling much better soon. Thank you all from the bottom...

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Students to launch election campaign

UNIVERSITY students are set to launch their own federal election campaign, warning that young people are feeling disengaged from the political debate. The National Union of Students (NUS) will use its annual education conference in Adelaide...

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Tribal king says Mandela 'conscious'

NELSON Mandela is conscious and recognises visitors, the king of his Thembu tribe has told AFP after visiting the global icon in hospital. "He is well," King Buyelekhaya Dalindyebo said, giving an upbeat, but cautious account of the 94-year-old's...

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US stocks rise on earnings optimism

US stocks have opened higher on optimism about corporate earnings, even as the International Monetary Fund slashed its global economic growth forecast. Five minutes into trade, the Dow Jones Industrial Average rose 69.40 (0.46 per cent) to 15,294.09....

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Carr talks tough on boat arrivals

BOAT arrivals with a genuine fear of persecution shouldn't be burning their passports and reciting identical stories, Foreign Minister Bob Carr says. Senator Carr said asylum seeker numbers had spiked and 20 per cent of Australia's immigrants...

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UK Labour leader to reform trade unions

BRITISH opposition leader Ed Miliband has proposed to overhaul his Labour party's historic relationship with the trade unions, risking millions of pounds in political donations. The unions helped found Labour in 1900 but Miliband vowed to end...

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French diet guru Dukan sanctioned for drug

FRANCE'S medical order has sanctioned nutritionist Pierre Dukan, whose high-protein diet has seen him sell millions of books and win over a slew of famous followers, for having prescribed a slimming drug linked to hundreds of deaths. Dukan,...

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UK man jailed over US Facebook kill threat

AN British online "troll" who sparked a security alert in the United States by threatening on Facebook to kill 200 schoolchildren has been jailed for two years and four months. Reece Elliott, 24, used a false name to post offensive messages...

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Venezuela says no contact yet with Snowden

VENEZUELA'S foreign minister says his country has not yet been in contact with US intelligence leaker Edward Snowden, despite its offer of asylum. Elias Jaua says he expects to consult on Monday with Russian officials. Snowden is believed to...

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Four hurt on first day of Spanish bull run

FOUR people, including a 24-year-old Australian, have been injured on the first day of the running of the bulls in the Spanish city of Pamplona. Several thousand thrill-seekers dashed alongside six fighting bulls through the streets on Sunday....

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Peak bodies want education cap dropped

MORE than 20 professional bodies are demanding the federal government scrap its planned cap on tax deductions for self-education expenses, fearing it will hurt the economy. The government announced in April that from July 2014 it will set a...

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Russian train derails, 80 injured: reports

AT least 80 people have been injured after a Russian passenger train travelling from Siberia derailed near the Black Sea, the emergency situations ministry says. Six people were admitted to hospital with substantial injuries while the rest were...

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Russian train derails, 80 injured: reports

AT least 80 people have been injured after a Russian passenger train travelling from Siberia derailed near the Black Sea, the emergency situations ministry says. Six people were admitted to hospital with substantial injuries while the rest were...

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