Hong Kong shares rose on Tuesday with heavyweight China Taiping Insurance surging nearly 12% after it announced a $13.3 bln restructuring plan while its rivals slipped on a downgrade. The Hang Seng Index ended the morning session up 0.1%, while the China Enterprises Index of the leading Chinese listings in Hong Kong rose 0.4%. Hong
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Gunmen opened fire on a military checkpoint in Lebanon's eastern Bekaa Valley on Tuesday, killing three soldiers before fleeing to the nearby Syrian border, a Lebanese military source said. The source said two of the soldiers died in the attack, near the town of Arsal, and a third died later in hospital. The border areas
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Former Olympic pole vault champion Sergei Bubka will announce his bid for the presidency of the International Olympic Committee on Tuesday, a source close to the Ukrainian has told Reuters. "He will be making his announcement later today," the source told Reuters on Tuesday. Bubka joins Germany's Thomas Bach, Singapore's Ng Ser Miang, C.K. Wu
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A delegation of the Hong Kong based company “China Glory National Investement” which is investing in the Venus Rock Golf Resort project in the district area of Paphos was received by Cyprus President Nicos Anastasiades on Monday at the Presidential Palace. The delegation was headed by Chinese investor Charles Zhang and President of the Cypriot
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Britain and Austria clashed on Monday over whether the European Union should ease an arms embargo to help Syrian rebels, threatening the unity of the bloc's Syria policy. Britain and France are pushing hard for the easing of the arms embargo to support rebels ahead of a peace conference sponsored by the United States and
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There's an old adage, "it's not what you know, it's who you know." That adage couldn't be more appropriate in today's competitive job market. And networking (especially when you're employed) can be the key to staying employed and staying on a clear career track. But there's more to networking than shaking hands and exchanging business
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* Café closes after 7 months * After just seven months of operation, Hard Rock Café Nicosia closed last week in what seems to be a conflict between the international brand and the local franchisee, probably exacerbated by the economic crisis. Staff at the multi-storey location in the heart of Nicosia went on strike last
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Two rockets hit a Shi'ite Muslim district of Beirut on Sunday, driving home the risk of spillover from Syria's civil war, after the head of Lebanese Shi'ite movement Hezbollah said it would keep fighting on the Syrian government's side until victory. It was the first attack to apparently target Hezbollah's stronghold in the south
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The appraisal well in block 12 of Cyprus’ exclusive economic zone is expected to start in the next two weeks. It is set to last approximately four months. According to announcement issued by the Delek Group`s gas subsidiaries, Delek Drilling LP and Avner LP, a decision to drill Aphrodite, located in Block 12 offshore Cyprus,
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Have your summer vacation all booked? Hoping to ignore your phone for a while, feeling safe in your investments and secure in the knowledge that the world's financial authorities aren't planning any surprises just yet? Think again. U.S. Federal Reserve Chairman Ben Bernanke made it clear in congressional testimony this week that the central bank
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