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South Africa's FM under scrutiny ahead of Cabinet reshuffle

The Associated Press  |  Posted   Feb 21st - 7:25am

South Africa's finance minister has announced the first increase in the value-added tax in a quarter-century as the country seeks to bring in new revenue.

President says Egypt 'scored a goal' with Israel gas deal

Samy Magdy, Associated Press  |  Posted   Feb 21st - 7:24am

The Egyptian president declared on Wednesday that his country "scored a goal" by signing a $15 billion deal with an Israeli company to supply natural gas that will help turn Egypt into a regional energy hub.

Madrid art fair yanks photo exhibit amid political spat

The Associated Press  |  Posted   Feb 21st - 7:23am

Madrid's International Contemporary Art Fair has yanked a photo exhibition called "Political Prisoners in Contemporary Spain," prompting charges of censorship against the government-funded body which operates the event venue.

Runaway cow defends its freedom in Poland

The Associated Press  |  Posted   Feb 21st - 7:16am

A local governor in Poland says a cow that escaped while being taken to a slaughterhouse is still avoiding capture even though the order to kill it has been canceled.

Will and Jaden Smith create eco-friendly water company: Just

Sandy Cohen, Associated Press  |  Posted   Feb 21st - 7:09am

Jaden Smith's environmental consciousness was born when he was out surfing at about age 10. He saw plastic water bottles bobbing in the ocean beside him, and he was so upset by it that he told his parents.

Priceline changing its name to Booking Holdings

The Associated Press  |  Posted   Feb 21st - 7:08am

Priceline is changing its name to Booking Holdings Inc., citing its expansion into numerous international brands over the last 20 years.

Broadcom is adjusting its buyout offer for Qualcomm

The Associated Press  |  Posted   Feb 21st - 7:01am

Broadcom is adjusting its buyout offer for Qualcomm, a day after that chipmaker raised its bid for NXP Semiconductors to approximately $43.22 billion.

Trump says more must be done to protect children

Catherine Lucey and Matthew Daly, Associated Press  |  Posted   Feb 21st - 6:56am

As a grieving Florida community demanded action on guns, President Donald Trump on Tuesday directed the Justice Department to move to ban devices like the rapid-fire bump stocks used in last year's Las Vegas massacre. It was a small sign of movement on the gun violence issue that has long tied Washington in knots.

Can Brexit be stopped? Pro-EU campaigns try to turn the tide

Jill Lawless, Associated Press  |  Posted   Feb 21st - 6:38am

Britain is due to leave the European Union in just over a year. The country's main political parties agree that the decision can't be reversed. But with the U.K. government divided over the direction Brexit should take, pro-EU campaigners are stepping up efforts to make the country change course.

Cyprus: Gas search to continue despite Turkey's opposition

Menelaos Hadjicostis, Associated Press  |  Posted   Feb 21st - 6:32am

A search for gas off Cyprus will benefit all the ethnically divided island's citizens and will continue as planned despite Turkey's efforts to interfere, the Cypriot president said Wednesday.

World markets mixed as investors eye Fed minutes

Elaine Kurtenbach, Associated Press  |  Posted   Feb 21st - 6:18am

Shares slid Wednesday in Europe after a day of gains in Asia as attention turned to minutes from the latest meeting of the Federal Reserve.

Greece: Parliament debates investigation over pharma scandal

Elena Becatoros, Associated Press  |  Posted   Feb 21st - 6:16am

Greek lawmakers were debating Wednesday whether to launch an investigation into 10 senior politicians — including two former prime ministers, the current central bank governor and a European commissioner — over allegations they were involved in a pharmaceutical bribery scandal.

Latvian official to miss ECB meeting amid corruption reports

The Associated Press  |  Posted   Feb 21st - 5:27am

Latvia's banking chief will miss a meeting of the European Central Bank's top council, of which he is a member, amid an investigation into suspected corruption.

UK jobless up for first time since Brexit vote aftermath

Pan Pylas, Associated Press  |  Posted   Feb 21st - 5:24am

Unemployment in Britain has risen for the first time since the aftermath of the country's June 2016 vote to leave the European Union, official figures showed Wednesday, a development that could alter market expectations of another interest rate increase from the Bank of England in May.

Budget carrier flydubai sees profits and revenue increase

Aya Batrawy, Associated Press  |  Posted   Feb 21st - 5:06am

Budget carrier flydubai said Wednesday its earnings and profits have increased, with revenue reaching 5.5 billion dirhams ($1.5 billion) in 2017 compared to 5 billion dirhams ($1.37 billion) in 2016.

EU anti-trust watchdog imposes big cartel fines

The Associated Press  |  Posted   Feb 21st - 4:36am

The European Union's anti-trust watchdog is sounding the warning to business cartels by announcing fines totaling more than half a billion euros ($600 million) in three anti-trust cases.

Trump Jr: 'Nonsense' that family's profiting from presidency

Muneeza Naqvi, Associated Press  |  Posted   Feb 21st - 4:26am

Donald Trump Jr. said that any talk of his family profiting from his father's presidency is "nonsense" as he embarked on a trip to India that has raised ethical concerns about using the name of the American president to promote international business ventures.

To get a ride, Uber says take a walk

Tom Krisher, Associated Press  |  Posted   Feb 21st - 4:12am

The latest variation of an Uber ride will require a short walk.

To get a ride, Uber says take a walk

Tom Krisher, Associated Press  |  Posted   Feb 21st - 4:12am

The latest variation of an Uber ride will require a short walk.

Eurozone economy cools amid stock market turmoil

Pan Pylas, Associated Press  |  Posted   Feb 21st - 3:44am

There are signs that the turmoil in financial markets at the start of February had a negative impact — albeit a short-term one — on the fast-growing 19-country eurozone economy.