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German exports post unexpected drop in January (AFP Business News)

FRANKFURT (AFP) – German exports dropped by an unexpectedly sharp 6.

Tourism eyes sunnier days as world’s top fair opens (AFP Business News)

BERLIN (AFP) – The world’s largest tourism fair, the ITB, kicked off Wednesday in Berlin with the global travel industry hoping for better times following a crisis-hit 2009.

EU crisis fund idea puts eurozone at ‘crossroads’ (AFP Business News)

FRANKFURT (AFP) – Controversy over the future of the eurozone after the Greek crisis is at a new pitch over ideas for a rescue fund.

Government tight lipped over insulation removal costs (ABC)

The Federal Government is refusing to say how much it will cost to remove dodgy insulation from tens of thousands of homes.

Toyota to expand recall of Tundra (AAP)

Toyota will expand a recall announced last year to fix Tundra utilities with frames that could rust and lead to spare tyres falling from the vehicle.

Oil prices claw back ground (AFP Business News)

LONDON (AFP) – World oil prices firmed on Wednesday before the eagerly-awaited weekly snapshot on US energy inventories in leading consumer the United States.

Punters backing no rate change in April (AAP)

Punters expect that the Reserve Bank of Australia will leave the official cash rate unchanged when its board meets in April, bookmaker Centrebet says.

Euro dogged by downbeat German exports data (AFP Business News)

LONDON (AFP) – The euro pulled lower against the dollar on Wednesday in the wake of disappointing data in Germany, while traders tracked Europe’s public debt woes, analysts said.

Chile quake to cost insurers ‘up to $7 bln’ (AFP Business News)

ZURICH (AFP) – Reinsurance giant Swiss Re on Wednesday estimated that insurers will have to pay up to 7.0 billion dollars (5.16 billion euros) for damages arising from the deadly earthquake in Chile.

European stocks edge ahead as investors await data (AFP Business News)

LONDON (AFP) – Europe’s leading stock markets nudged higher on Wednesday as traders awaited key US economic data and assessed the latest batch of company results.

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