EU mulls easing Syria oil embargo

THE European Union is considering a case-by-case easing of its oil embargo against Syria in order to help the opposition, diplomatic sources say. A decision, which would be formally agreed by EU foreign ministers at talks next Monday in Luxembourg,...

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Eurozone periphery firms' debt worries IMF

THE International Monetary Fund says banks and businesses are still fragile in the eurozone periphery, which extends from Cyprus and Greece to Italy and Spain. "The debt overhang at listed companies in the euro area periphery is sizeable" and...

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Russia's growth slows drastically

RUSSIA has reported a sharp slowdown in growth over the first three months of the year to 1.1 per cent from 4.9 per cent in the same period of 2012, amid growing alarm over the state of its economy amid a slew of poor data and falling oil prices....

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Vibrating fork to combat obesity on sale

AN electronic fork that vibrates when you eat too fast has gone on sale in the US, with its French inventors claiming it can help combat obesity and digestive issues. Those who contribute at least $US89 ($A86) on the crowd funding website Kickstarter...

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French executives in breast implant trial

FRANCE has launched one of its biggest-ever trials as five managers from company PIP faced charges of selling faulty breast implants that sparked a global health scare. More than 5000 women registered as plaintiffs in the case, which sees the...

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Undisclosed glitch disrupts Google Mail

GOOGLE has suffered disruptions on several of its cloud-based services including Google Mail for about two hours for reasons that were not disclosed. The apps status dashboard of the world's most popular search engine indicated "service disruptions"...

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Obama letter had suspicious substance

A LETTER addressed to President Barack Obama containing a "suspicious" substance has been intercepted at a mail screening facility outside the White House, the US Secret Service says. The letter was discovered at the remote facility which is...

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France unveils plan to reach 2014 deficit

FRANCE has presented a plan to get its public deficit back under the EU limit by 2014, having decided to let debt grow further as it tries to jumpstart a sputtering economy. The plan to bring the deficit below 3.0 per cent of gross domestic product...

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