Wed 27 Jun 2012 | 13:26 EDT
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Egypt's Islamist president-elect seeks wide support 1:01pm EDT

CAIRO (Reuters) - Islamist President-elect Mohamed Mursi began talks on Wednesday with groups nervous about where he will take Egypt after the generals who have ruled since Hosni Mubarak's fall make way for the republic's first civilian leader.  Full Article

 
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Merkel rebuffs pleas for debt action on summit eve 1:04pm EDT 

BERLIN/MADRID (Reuters) - On the eve of a crucial summit that could determine the future of the euro zone, German Chancellor Angela Merkel brushed aside increasingly shrill calls from Spain and Italy on Wednesday for emergency action to lower their soaring borrowing costs.  Full Article  

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TSX rises on stronger oil price; eye on EU summit 12:29pm EDT 

TORONTO (Reuters) - Canada's main stock index moved higher on Wednesday as energy stocks rose with U.S. crude prices and investors looked ahead to a critical European Union debt crisis summit on Thursday and Friday.  Full Article  

Canada canola area swells, wheat acres trimmed 10:43am EDT 

WINNIPEG, Manitoba (Reuters) - Canadian farmers boosted record-high canola plantings more than expected and trimmed the wheat area from an earlier forecast, Statistics Canada said on Wednesday, but traders noted the agency's farmer survey did not capture heavy rains that may have washed out many fields.  Full Article