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Africa/International
Cocoa prices in London up on instability fears in Ivory Coast
London cocoa futures rose on Monday, buoyed by political instability in top producer Ivory Coast, while sugar and robusta coffee eased in thin volumes.
U.S. markets were shut for President's Day.
Police used tear gas to disperse hundreds…
Europe warns money markets that they can't destroy Greece
Europe on Monday warned international money markets that a relentless attack on Greece and by extension the euro will fail, with new cost-cutting measures set to be imposed on Athens.
As the 16 countries that make up the eurozone battle to…
As Asia stocks rise, euro is firm
Asian share markets posted mild gains on Tuesday, with Australian stocks boosted by upbeat earnings from lender Westpac, while the euro held its ground as Greece was given 30 days to show its deficit plans were on track.
Centers such as…
UK inflation expected to rise above 3%
Bank of England Governor Mervyn King will send a letter of explanation to the Chancellor after figures due to be released show a spike in inflation above 3%.
Economists are forecasting that Consumer Prices Index (CPI) inflation surged to a…
What your heart and brain do when you are in love
Poets, novelists and songwriters have described it in countless turns of phrase, but at the level of biology, love is all about chemicals.
Although the physiology of romantic love has not been extensively studied, scientists can trace the…
Zain Kuwait sells Africa operations to Bharti India
United Arab Emirates – Kuwaiti cell phone operator Zain has accepted an offer from Bharti Airtel Ltd. to sell most of its Africa businesses as it refocuses on its home market in the Middle East, the country's official news agency reported…
Shell said to sell more than $10b of assets
Royal Dutch Shell Plc could sell more than $10 billion of assets including its North Sea oilfields operations, the Sunday Times reported, citing sources close to the company.
Shell has hired Credit Suisse to sell its $1 billion European…
Germany unemployment rate to rise
The already high unemployment rate in Germany, Europe's biggest economy, will rise further this year after the country suffered its worst post-war recession in 2009, a report said on Sunday.
Germany faces "several difficult months when we…
US debt will keep rising
It's bad enough that Greece's debt problems have rattled global financial markets. In the world's largest economic and military power, there's a far more serious debt dilemma.
For the U.S., the crushing weight of its debt threatens to…
Israeli man who kept harem of women charged in court
An Israeli man who kept a cult-like harem of women and fathered dozens of children with them was charged in a Tel Aviv court Sunday with enslavement, rape, incest and other sexual offenses.
The 25-page indictment accused 60-year-old Goel…