French honour Malala, father urges peace

THE Taliban are fighting a lost cause and must accept peace talks, the father of Malala Yousafzai says, accepting a key French award for the Pakistani schoolgirl shot for campaigning for girls' education. In an impassioned speech after accepting...

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Flood cover still too high for victims

FLOOD insurance remains unaffordable for those who most need it, says the expert who was commissioned by Canberra to fix the issue after the 2011 crisis. John Trowbridge, who conducted the National Disaster Insurance Review, said the industry...

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ArcelorMittal wants to raise $3.5 bn

TOP global steel producer ArcelorMittal says it plans an offer of stock and subordinated notes to raise $US3.5 billion ($A3.35 billion) to reduce its massive debt that has worried investors. "ArcelorMittal intends to use the net proceeds from...

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British flag raised in Belfast

THE British flag has been hoisted over Belfast's City Hall for the first time since the decision not to fly it permanently sparked riots in Northern Ireland. On a sixth consecutive night of violence in the British province, protesters pelted police...

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30 to 50 reported hurt in NY ferry crash

POLICE and fire officials say 30 to 50 people have been injured when a ferry struck a dock during rush hour in New York City's financial district. News reports say the Seastreak Wall Street ferry from New Jersey banged into the mooring as it...

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US stocks open higher

STOCKS have opened higher, one day after aluminum producer Alcoa kicked off the quarterly earnings season with a report that met expectations. Five minutes into trade, the Dow Jones Industrial Average was up 33.55 points (0.25 per cent) at 13,362.40....

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Nine killed in Kenyan clash

NINE people have been killed in the latest unrest in southeast Kenya, officials said, raising concern over security less than two months before the first polls since deadly post-electoral violence five years ago. Violence in the Tana River region...

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