UNITED KINGDOM

Global shares, euro firm on debt demand, earnings hopes

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The euro hovered near a three-week high and global shares rose on Wednesday ahead of the U.S. Federal Reserve's policy meeting, due mainly to signs of good demand for euro zone sovereign debt before a German bond sale, and some strong corporate earnings.
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Boss of UK's Sky News reprimanded over email hacking

The judge presiding over an inquiry into British press standards on Monday rebuked the head of Sky News, the influential news channel of Rupert Murdoch-controlled BSkyB, for breaking the law by hacking into emails to generate a story.
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Key investor snubs Vodafone's $1.7 billion CWW bid

British mobile operator Vodafone's deal to buy Cable & Wireless Worldwide for an agreed 1.04 billion pounds ($1.7 billion) hit a hurdle on Monday when CWW's top shareholder declined to back a bid it considered too low.
A banner featuring a Euro coin is seen on the European Commission headquarters building ahead of a European Union heads of state summit in Brussels

Euro Zone Annual Budget Deficit Down, But Debt Up In 2011

The 17-member eurozone managed to reduce deficits to 4.1 percent of the gross domestic product in 2011, down from 6.2 percent in the previous year, according to official European Union figures released Monday. Overall debt increased to 87.2 percent of GDP from 85.3 percent.

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