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Stock markets slide as tech results shock

Stock markets slide as tech results shock

Global stock markets slumped on Friday, with shares in tech giants tumbling on poorly-received earnings, adding to fears of a global recession according to traders.

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Ramaphosa farm scandal probe could take two years: S.African watchdog

Ramaphosa farm scandal probe could take two years: S.African watchdog

Investigations by South Africa's ombudswoman into a scandal involving a 2020 burglary at President Cyril Ramaphosa's farmhouse that allegedly found a haul of dollar bills stashed inside furniture could take at least two years, she said Friday.

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ExxonMobil Q3 profits surge to $19.7 bn on high oil, natural gas prices 

ExxonMobil Q3 profits surge to $19.7 bn on high oil, natural gas prices 

ExxonMobil reported a surge in third-quarter earnings Friday, fueled by much higher oil and natural gas prices and robust profit margins for gasoline and other refined products.

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Recession fears stalk Europe despite surprise German growth

Recession fears stalk Europe despite surprise German growth

Germany's economy unexpectedly grew in the third quarter, official data showed Friday, but slowing growth in France and Spain added to fears that high inflation and an energy crisis will tip the region into recession.

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Spain prosecutors drop charges against Neymar, others

Spain prosecutors drop charges against Neymar, others

Prosecutors in Spain dropped corruption and fraud charges on Friday against football star Neymar and others accused in a trial over the Brazilian's 2013 move from Santos to Barcelona.

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Napoli lead charge as Italy bounces back on European stage

Napoli lead charge as Italy bounces back on European stage

Napoli host Sassuolo on Saturday as the leaders of an Italian revival in Europe and hoping to extend their club-record winning streak of 12 matches.

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Sanofi improves outlook on strength of bestseller Dupixent

Sanofi improves outlook on strength of bestseller Dupixent

French drug maker Sanofi has revised its outlook for 2022 upwards after reporting strong sales growth in the third quarter on Friday.

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Air France-KLM Q3 turnover above pre-Covid levels

Air France-KLM Q3 turnover above pre-Covid levels

European airline group Air France-KLM said Friday that its third quarter revenues had exceeded its pre-pandemic turnover in 2019, fuelled by strong post-Covid demand for travel.

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All eyes on Twitter as Musk era opens

All eyes on Twitter as Musk era opens

Elon Musk begins on Friday his first full day leading Twitter, with critics and fans anxious to see how the planet's richest man will run one of the world's leading social media platforms.

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All to play for after Australia-England World Cup washout

All to play for after Australia-England World Cup washout

A highly anticipated clash between Australia and England at the Twenty20 World Cup was abandoned without a ball being bowled because of rain on Friday in Melbourne, leaving their group wide open.

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