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Global Shares Inch Up, Capped By Spain Downgrade

Asian shares rose on Friday, tracking U.S. stocks which jumped overnight on strong U.S. housing data and earnings, but concerns over the health of European banks weighed on investor risk appetite after Standard & Poor's downgraded Spain's rating.
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Asian Stocks Up Despite Spain Downgrade; Euro Down

Asian shares inched up Friday, tracking U.S. stocks which jumped overnight on strong U.S. housing data and earnings, but concerns over the health of European banks weighed on investor risk appetite after Standard & Poor's downgraded Spain's rating.
Yulia Tymoshenko

Ex-Ukraine PM Tymoshenko On Hunger Strike

Former Ukrainian prime minister Yulia Tymoshenko, who is serving a seven year prison sentence on an abuse of office conviction, went on a hunger strike to protest the “concentration camp of violence and lawlessness” created in her country by current president President Viktor Yanukovych.
High-Speed Train

Ferrari's Montezemolo Launches High-Speed Train

As Europe's first privately owned high-speed train hit 300 kph just outside Naples, Ferrari chairman Luca Cordero di Montezemolo smiled at the suggestion that he was addicted to risk and velocity.

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