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Handing over the reins of a €9bn fashion empire
The wealthiest man in Spain has announced his imminent retirement from fashion giant Inditex, parent company of the Zara chain.

UK ponzi scheme took in £14m savings from 350 victims
To his clients, Terry Freeman had all the trappings of a multimillionaire City of London trader.

Pressure on guilty British MP to give up seat
A politician is under pressure to resign after becoming the first sitting MP in Britain to be convicted of expenses fraud.

Corporate results, Japan boost mood on Wall St
Stocks on Wall Street were up as investors' confidence was underpinned by better-than-expected US earnings and international support for Europe's debt.

Spain: Stepping into world of peace and plenty
Liz Light walks in the Grazalema Mountains in southern Spain.

Oscar winner Marion Cotillard pregnant
The Inception star and her French actor-and-director partner Guillaume Canet are expecting their first child together.

For heaven's sake, Pope hopes to end trend for exotic names
The Pope has declared war on parents' growing insistence on shunning the saints and naming their children after fashion designers, Sanskrit titles and things that don't mean much.

Estonian coin causes uproar
Estonia's introduction of the euro has caused controversy after it was claimed a map of the Baltic country on its one euro coin includes a chunk of neighbouring Russia.

Interpol seeks NZer in Spanish probe
Interpol is hunting a former Auckland man suspected of masterminding a $2m European property scam...

AA: Safer roads, cars will reduce toll
Roads and vehicles must be "more forgiving" to curb a road toll which averages more than one death a day, the AA says. Figures released by the Ministry of Transport today show 371 people died on the roads over the past year.

Couple welcome chance to adopt Russian tots
Auckland couple Jo Denvir and Daniel Nixon have been waiting three years for the adoption doors to Russia to reopen.