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Thai tycoon confirms AC Milan talks, denies takeover offer
Bangkok (AFP) - Thai businessman Bee Taechaubol confirmed Wednesday he has held "cordial" talks with AC Milan about a possible share purchase but denied media reports he has made a formal takeover...
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Sea level rise won't just cause flooding — these 5 other impacts of rising...
We've all heard terrible stories about how the future will be devastated by sea level rise. As temperatures around the globe continue to rise, ice in the Earth's polar regions and glaciers will melt,...
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9 amazing stories from the set of 'Parks and Recreation'
As "Parks and Recreation" fans mourn the end of an era, it seems the cast may be struggling most of all in coming to terms with the final episodes.The show's Amy Poehler, Nick Offerman, Adam Scott,...
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The 10 most important things in the world right now
Good morning! Here's what you need to know for Wednesday.1. Greece reportedly intends to ask for a six-month extension of its loan agreement, after rejecting an extension of its full bailout program....
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10 things you need to know before European markets open
Good morning! Here are the 10 most important things you need to know in markets today.Greece wants an extension of its loan agreement. Greece intends to ask for an extension of its loan agreement with...
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Greece's latest loan request still leaves the country no closer to a deal
Senior Greek officials started briefing journalists yesterday that the country will ask for a six month extension of its current loan agreement. This immediately sounded like a massive climb-down from...
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Chelsea condemns racist Paris train fans
London (AFP) - Chelsea Football Club said Wednesday it was prepared to ban self-proclaimed racist fans who were filmed preventing a black man from boarding a Paris subway train, saying their behaviour...
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Some Ukrainian troops withdraw from key town as battle rages: official
Kiev (AFP) - Some Ukrainian troops were pulling out of Debaltseve, a strategic eastern town besieged by pro-Russian rebels, while others engaged in "full-scale street fighting" with the separatists, an...
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Swiss prosecutor orders probe, search of HSBC offices
Geneva (AFP) - Investigators launched a search Wednesday of British banking giant HSBC's Geneva offices as part of a money laundering probe following allegations the bank helped wealthy clients evade...
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Italy says 'evident risk' of ISIS merging with Libyan militias
Rome (AFP) - Italy warned Wednesday that there was an 'evident risk' of Islamic State merging with other armed groups in Libya.Addressing parliament, Foreign Minister Paolo Gentiloni also said that the...
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BP says OPEC is going to make a massive comeback
One of the big stories of the last few years has been the boom in unconventional gas and oil extraction, outside the traditional oil-producing countries. The explosion of fracking in the US seemed like...
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10 things in tech you need to know today (BABA, AAPL)
Good morning! It's a bright start in London today, but it's still pretty chilly. Here's the tech news you need to know today.1. Snapchat is reportedly raising money at a £10.3-£12.3 billion valuation....
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Police raid HSBC's Switzerland Geneva office
Police raided HSBC's Switzerland office in Geneva this morning.Swiss prosecutors confirmed it is investigating "HSBC Private Bank (Suisse) SA and persons unknown for suspected aggravated money...
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Nepal changes Everest route after avalanche deaths
Kathmandu (AFP) - Nepalese officials said Wednesday they are changing the route that climbers take up Mount Everest after an avalanche killed 16 guides last year, the deadliest accident in the...
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UK unemployment just dropped unexpectedly and wages are finally climbing
The UK's labour market figures for December just got released, and unemployment is down to 5.7%.That's the lowest since 2008, and better than was forecast.Economists were expecting no move in...
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Egypt urges lifting embargo to arm Libya forces
Cairo (AFP) - Egypt called Wednesday on the United Nations to lift an arms embargo on Libya as Cairo pushes for greater international efforts to combat jihadists in its war-torn neighbour.In talks in...
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London money transfer startup WorldRemit just raised $100 million
London-based money transfer startup WorldRemit has raised $100 million (£64.8 million) in a funding round that values the company at around $500 million (£324 million), sources familiar with the matter...
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Kanye West's lifelong dream is to work for Gap
The creative director position at Gap is currently vacant, after the ailing clothing retailer cut ties with Rebakka Bay. Now there's an unlikely candidate to fill the position: Kanye West.In an...
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A Japanese trade surge just sent the Nikkei smashing through a 15-year high
Japan's Nikkei just broke to a 15-year high, eclipsing the levels seen just before the financial crisis. The major index of stocks is now at its strongest since the dot-com bubble. Today it closed at...
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British Gas owner Centrica's terrible results are bad news for Scotland
Centrica, the owner of one of Britain's biggest energy providers British gas, had a terrible 2014.The energy firm reported a 35% plunge in profits to £1.7 billion. But it wasn't just a 60% drop in oil...
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