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Italy parliament in rocky step towards new government
Italy parliament in rocky step towards new government

Italy's parliament met for the first time Thursday since the far-right won elections last month, a rocky first step in the process of forming a government, with tensions running high. The government, set to be Italy's most right-wing since World War II, is expected to be in place by the end of the month.

Weak pound is major draw at London's Frieze art fair
Weak pound is major draw at London's Frieze art fair

As the global art world descends on London's Frieze fair this week, the current low value of the UK pound makes buying art in Britain particularly attractive for overseas collectors and dealers. It comes a week before Art Basel holds a major new art fair in the French capital called Paris+, but she said less experienced collectors see Frieze as a safer bet.

India's Infosys plans $1 bn buyback on strong profits
India's Infosys plans $1 bn buyback on strong profits

Indian outsourcing behemoth Infosys approved a $1 billion share buyback on Thursday after strong quarterly profits that reflected sustained demand for digital services. Chief financial officer Nilanjan Roy said the board had approved an open market share buyback of 93 billion rupees ($1.14 billion) in its meeting before the results announcement.