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(MENAFN - AFP) International tourism grew 4.0 percent in the first half of this year, with Asia posting the strongest growth, the World Tourism Organisation said Thursday.

At around 561 million, the number of international tourists surged 21 million between January and June compared to the same period a year earlier, the Madrid-based United Nations body said in a statement.

"Tourism ...

(MENAFN - AFP) Asian and European stocks mostly rallied Thursday but failed to provide momentum to Wall Street which edged lower as traders weighed OPEC's surprise deal to limit oil output.

After initially lighting a fire under oil prices, enthusiasm for the announcement by major oil producers fizzled on questions about OPEC's ability to seriously tackle a supply glut.

Crude ...

(MENAFN - AFP) After losing his left leg in a shark attack in 2011, avid surfer Eric Dargent wasted little time rueing his misfortune, setting out to get his "revenge".

"Just a few days after the accident I already wanted to get back on a surfboard," he said.

Dargent, now 39, teamed up with snowboarding amputee Patrice Barattero to invent a prosthetic knee specially ...

(MENAFN - AFP) The United Nations will mobilize $181 million to shore up the emergency response to the cholera epidemic in Haiti and at least an equal amount for the victims and their families, a senior UN official says.

The financial package follows the United Nations's admission that it had a moral responsibility to help Haiti deal with the epidemic that broke out near ...

(MENAFN - AFP) Embattled Wells Fargo CEO John Stumpf on Thursday was hammered by US lawmakers on Thursday, who demanded accountability and called into question his fitness to serve as the bank's chief.

Stumpf offered renewed contrition in an appearance before the Financial Services Committee of the House of Representatives, which is investigating the bank's sales practices ...

(MENAFN - AFP) EU competition chief Margrethe Vestager on Thursday said that the relevance of user data to major corporate mergers will come under closer scrutiny as her teams get set to consider Microsoft's mega buyout of LinkedIn.

Data has increasingly become a major driver for big acquisitions in the digital world, including the blockbuster buyout of messaging service ...

(MENAFN - AFP) Saudi Arabia, feeling the economic pinch from low oil prices, agreed to a surprise OPEC production cut but remains determined to exert leadership over the world market, analysts say.

Over the past two years, the largest producer in the Organisation of the Petroleum Exporting Countries repeatedly turned down calls to cut output in an increasingly competitive ...

(MENAFN - AFP) The Danish tax authority said on Thursday it had paid an anonymous source almost six million kroner (0.81 million euros, $0.9 million) for leaked data from the Panama Papers on hundreds of Danes.

The government justified the payment earlier this month saying it needed to take all necessary measures to catch tax evaders.

"The material contains the number ...

(MENAFN - AFP) In Venezuela, if the hunger, armed robbers and medicine shortages don't kill you, then the demons of depression and anxiety just might.

Suffering long queues for rations and one of the world's highest murder rates, citizens are losing their tempers -- and their hope, psychologists warn.

Plunged into depression after the death of his mother, a failed relationship ...

(MENAFN - AFP) US oil industry analysts were hopeful but still skeptical Thursday that OPEC would be able to boost oil prices with an agreement to limit output.

After seeing the crash in oil prices force a cutback of US domestic production of more than one million barrels a day, the tentative OPEC pact could deliver some relief to US drillers.

"OPEC's news might create ...

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