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Cyprus Sets Another Tourism Record

Bailed-out Cyprus, seen as a safe destination in a region dogged by terror attacks, set a record for the number of tourist arrivals during the month of June, officials said Monday.

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Joint Saudi Fund Launched to Buy Oil Tankers

Saudi Arabia's national shipping company and the Arab Petroleum Investments Corp. (APICORP) have launched a joint fund to purchase large oil tankers for the kingdom, an official statement said Monday.

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Turkish Lira Rallies after Crashing in Wake of Coup

Turkey's currency lira rallied on Monday after suffering one of its steepest ever drops to a historic low in the aftermath of a military coup attempt to topple President Recep Tayyip Erdogan's government.

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Oil Prices up in Asia after Strong U.S., China Data

Oil prices extended their rise in Asia Monday as robust economic data from the United States and China fueled hopes of a pick-up in demand from the world's top two economies.

While a sense of calm has returned to Turkey following a failed coup attempt over the weekend, analysts said the situation remains volatile as Turkish authorities press on with a ruthless crackdown against the plotters, detaining 6,000 people.

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Taiwan Arrests Three Foreigners in $2.5m ATM Cyberheist

Taiwan has arrested three foreign suspects over a $2.5 million cyberheist which used malware to hack into a major local bank's ATM network and steal bags of cash, police said Monday.

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Britain Eyes New Trade Deals for Brexit in Early 2019

The minister charged with securing new trade deals for Britain outside the EU said Sunday he was aiming for a Brexit date of January 1, 2019, as London made overtures towards Australia and Canada.

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Uproar as Albania to Dam Europe's 'Wildest River'

"This river will bury the living and the dead," sighed Enver Vasilaj, 93, standing by the Vjosa, one of Europe’s last wild waterways, which runs uninterrupted from its source in northwest Greece to the Adriatic Sea.

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Bad Year for Wall Street's Golden Boy Ackman

For a Wall Street star once dubbed the "Baby Buffett," Bill Ackman is having a pretty bad year.

Huge bets on companies like Valeant and Herbalife have delivered steep losses to the flamboyant billionaire's Pershing Square hedge fund.

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Venezuelans Pour into Colombia to Buy Basic Goods

Thousands of Venezuelans crossed Saturday into the Colombian city of Cucuta to buy food and medicine, taking advantage of another brief opening in the border that's been closed nearly a year.

Caracas authorized the temporary opening a week after some 35,000 Venezuelans poured across the border during a 12-hour opening of the pedestrian bridge that connects Tachira, Venezuela and Cucuta.

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Visit France to Defy 'Terrorists', Says U.N. Tourism Boss

The U.N. tourism chief Friday urged holiday makers to express solidarity with France by visiting the country to defy "terrorists" after a truck attack in Nice killed at least 84.

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