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UPDATE 1-NBA-Rampant Bulls run struggling Cavaliers ragged

* Bulls beat Cavaliers for 11th straight time * Dislodge Pacers from top spot in Central division (Adds further detail, quotes) Jan 7 (Reuters) - Carlos Boozer and the Chicago Bulls recovered from a slow start to pummel the struggling Cleveland Cavaliers 118-92 on Monday and take over top spot in the Eastern Conference's Central division.

UPDATE 1-Venezuela opposition furious over likely Chavez inauguration delay

* Chavez still recovering from cancer surgery in Cuba * President seen too ill to return for swearing-in * Government says he will take office when health allows By Brian Ellsworth CARACAS, Jan 7 (Reuters) - Venezuela's opposition has accused the government of violating the constitution by proposing to delay cancer-stricken President Hugo Chavez's inauguration Thursday for a new term amid growing uncertainty over the polarized OPEC nation's political future.

GLOBAL MARKETS-Shares recover, euro steady as euro zone data stabilises

* European shares recover to stand up 0.3 pct * Euro zone data points to stabilisation of weak economy * Dollar falls vs yen after sharp and rapid rise * Cautious open expect on Wall Street By Marc Jones LONDON, Jan 8 (Reuters) - European shares edged up on Tuesday as data signalled the euro zone economy may be stabilising at a weak level, and the euro held steady while commodity markets were largely subdued as investors sat on recent gains. The data was mixed.

Syrian refugees in Turkish camp to vote in taste of democracy

ANKARA, Jan 8 (Reuters) - Thousands of Syrians living in a refugee camp in southern Turkey will hold elections this month to select camp leaders and an administrative council in an exercise Turkey said was aimed at introducing democracy to Syrian citizens. Turkey, which is sheltering tens of thousands of Syrians fleeing violence in their homeland, is an outspoken critic of Syrian President Bashar al-Assad, who is battling rebels trying to overthrow his government.

UPDATE 1-Israel muted over Obama's Pentagon pick

* Hagel's record on Iran worries some supporters of Israel * Obama seen setting tone for relations with Netanyahu government By Dan Williams JERUSALEM, Jan 8 (Reuters) - The Israeli government kept clear on Tuesday of a brewing battle in Washington over U.S. President Barack Obama's choice for defense secretary, Chuck Hagel, whose record on Iran and Israel is under scrutiny.

Depardieu skips French court to prep for Strauss-Kahn role

* Garrulous actor already in spotlight over tax row * Drink driving case will now go to full trial * Could face up to two years in prison By Alexandria Sage PARIS, Jan 8 (Reuters) - French film star Gerard Depardieu failed to show up in court to face drink driving charges on Tuesday because he was preparing to play disgraced former IMF chief Dominique Strauss-Kahn in a film, his lawyer said.

Olympics-Quake fears are not a factor, says Tokyo bid chief

By Alastair Himmer TOKYO, Jan 8 (Reuters) - Concerns that a major earthquake could strike during the 2020 Olympics will not affect Tokyo's chances of hosting the Games, the city's bid leader said on Tuesday. Tokyo tiptoed into the bidding race after losing out to Rio de Janeiro for 2016 and with the country still recovering from a deadly tsunami and resulting nuclear crisis in 2011.

'Davos man' fears more storms, both real and economic

* World Economic Forum risk report sets scene for Davos * Income disparity and government debts top risk list * Climate ranks third, extreme weather a growing concern By Ben Hirschler LONDON, Jan 8 (Reuters) - Fragile economies and extreme weather have combined to crank up the global risk dial in the past year, creating an increasingly dangerous mix, according to the World Economic Forum.

UPDATE 3-Australian mining veteran Cutifani to head Anglo

* Cutifani to take reins at Anglo American on April 3 * Has been CEO of AngloGold Ashanti since 2007 * Anglo shares trade more than 2 percent higher By Clara Ferreira-Marques LONDON, Jan 8 (Reuters) - Australian gold mining executive Mark Cutifani, a one-time trainee miner, has been appointed chief executive of Anglo American, taking on what analysts and investors say is one of the toughest jobs in the business.

European shares edge up as telecom stocks rise

* FTSEurofirst 300 up 0.1 pct helped by telecoms * Euro STOXX 50 rises 0.1 pct * DAX underperforms after weak German economic data By Sudip Kar-Gupta LONDON, Jan 8 (Reuters) - European shares edged up on Tuesday with telecoms stocks rising to offset losses in major financial shares although Germany's benchmark equity index slipped on weak economic data.
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