German Chancellor Angela Merkel's conservatives and the Social Democrats (SPD) said early on Tuesday they were likely to hold a third round of talks later this week to explore the possibility of forming a coalition government. After eight hours of discussions, Hermann Groehe, second-in-command of Merkel's Christian Democrats (CDU), said they had "protectively" agreed to
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The European Central Bank cannot roll over Greek bonds as this goes against a ban on financing governments, a senior ECB policymaker said on Monday, dashing Athens' hopes it will help plug a funding gap next year through such a move. Athens will be financed by bailout loans until the second half of 2014, when
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Chinese authorities in the northern city of Tianjin have punished 13 medical workers for taking bribes from Danone S.A. to recommend the French food maker's infant formula, the local government said on Monday. The move comes after the official China Central Television (CCTV) reported in September that Danone bribed doctors and nurses to recommend its
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London's High Court on Monday threw out a libel suit brought against British investment fund manager Bill Browder by a Russian former police officer who denies allegations that he played a part in the death of the lawyer Sergei Magnitsky. Pavel Karpov, a former Russian Interior Ministry investigator who is on the "Magnitsky list" of
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Qatar`s Nasser Al-Attiyah driving a Ford Fiesta RRC clinched victory and a ninth Middle-East Rallying Championship (MERC) in the CNP Asfalistiki Cyprus Rally 2013 that wrapped up Sunday. With only Dubai left in the MERC the Qatari multi-champion can now set his sights on next years Rally Dakar. Almost three minutes behind him was Sheikh
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Herman Van Rompuy, President of the European Council, will be in Cyprus on Tuesday for official talks with President Nicos Anastasiades and Foreign Minister Ioannis Kasoulides, after which he will meet the Rector of the University of Cyprus, Prof. Constantinos Christophides and address students at the university. The Council President, accompanied by his wife, Geertrui
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Chancellor Angela Merkel is likely to pick a new coalition partner this week before moving on to detailed negotiations that could produce a new German government within about two months. While the rest of the Europe waiting for clarity in its pivotal economy, Merkel has moved slowly since the Sept. 22 election towards making a
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Asian shares and U.S. stock index futures fell while the safe-haven yen rose on Monday as a possible U.S. debt default crept closer after weekend talks in Washington failed — though markets appear still to expect that a last-minute compromise will be reached. Adding to the gloom, China's export growth unexpectedly fizzled in September, underscoring
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* UK police explore new line of investigation over missing Madeleine McCann * Police conducting a global search for Madeleine McCann, the British girl who disappeared in 2007, have come up with a new version of events surrounding her suspected abduction and want to question one unidentified man in particular, following a news report
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Alibaba Group's plans to revolutionise China's retail industry, investing $16 billion in logistics and support by 2020, will open up China's vast interior and bring access to hundreds of millions of potential new customers. With an extra $15 billion or so in its pocket from a likely IPO, Alibaba and partners such as delivery service
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