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Airbnb in talks to raise funds that would value it at $10 billion

Online home-rental marketplace Airbnb Inc is in advanced talks with private equity firms including TPG Capital Management LP to raise funds that would value the company at about $10 billion, a person briefed on the matter said Thursday.

Egypt: 13-year-old and two Egyptian soldiers shot dead

A 13-year-old boy was shot dead on Wednesday in southern Egypt in clashes between police and supporters of deposed President Mohamed Mursi of the Muslim Brotherhood, a health official said.

Yen slides as Russia sanctions seen as modest

The safe-haven yen fell broadly on Monday after the United States and the European Union imposed what investors perceived to be modest economic sanctions on some officials of Russia and Ukraine following Crimea's vote to join Moscow over the weekend.