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Africa/International
Asia stocks rise
Asian shares were mostly higher Friday, recovering from earlier profit-taking, as traders awaited key U.S. jobs data later in the day.
Oil prices rose to near $89 a barrel Friday in Asia amid hopes that the employment report would show…
Record high food prices expected to affect economies
Record high food prices are moving to the top of policymaker agendas, driven by fears it could stoke inflation, protectionism and unrest and dent consumer demand in key emerging economies.
The United Nations' food agency (FAO) said on…
China tobacco profits said to be hindering anti-smoking campaign
China's addiction to huge revenues from its state-owned tobacco monopoly is hindering anti-smoking measures, potentially costing millions of lives in the country with the world's largest number of smokers, experts warned Thursday.
The…
Research finds antibiotic relieves common bowel disorder
New research found two weeks of treatment with an antibiotic relieves symptoms for some sufferers of irritable bowel syndrome, a poorly understood and painful condition that especially afflicts younger women.
In two large studies, 41…
US job reports show December hirings up
The government is expected to report Friday that businesses stepped up hiring in December, a trend likely to gain momentum in 2011.
Economists are predicting that employers added a net total of 145,000 jobs last month and that the…
US Democrats, Republicans locked in debate over budget cuts
In power scarcely a day, House Republicans bluntly told the White House on Thursday its request to raise the nation's $14.3 trillion debt limit will require federal spending cuts to win their approval, laying down an early marker in a new…
I am in control of the country – Ouattara
Allasane Outtara, opposition leader in the disputed elections in Ivory Coast says he is in control of the country, despite a political stand-off that threatens wide-scale violence.
After a November 28, 2010 election run-off for which…
Oil price hits $90 per barrel on US jobs data
Oil prices bounced back to above $90 a barrel on Wednesday as unexpectedly big gains in U.S. private sector jobs spurred optimism the economy was recovering at a faster pace.
Wall Street and commodities markets latched on to the ADP…
Europe needs tough bank stress tests – Osborne
Europe needs to "put its house in order" in 2011 by restoring confidence in the euro and sorting out its fragile banking system that is holding back growth and recovery, Chancellor George Osborne said.
Writing in an opinion piece…
Japan shares rise on weak yen
Japanese stocks rose Thursday on a weaker yen though other Asian markets showed softer gains despite fresh signs that the economic recovery in the United States could pick up speed.
Oil prices hovered above $90 a barrel in Asia after a…