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  Paris / AP After finding possible survivors and victim remains, the first priority of air crash investigators is to locate the black boxes, a duo of data recorders that can hold vital clues on why an aircraft went down. Despite their name, the boxes that hold a plane’s flight data and cockpit voice recordings are actually bright orange with ...

  MEXICO CITY / AP The Mexican airline Interjet says it’s had to cancel some flights due to a mandatory safety inspection of its Russian-made Superjet 100 aircraft. Russian authorities issued the directive on Dec. 23 after cracks were found in a part on one of the Sukhoi planes. Interjet is among the largest customers for the relatively new Superjet, ...

  Bloomberg The European Central Bank sees Italian lender Banca Monte dei Paschi di Siena SpA needing about 8.8 billion euros ($9.2 billion) of capital to bolster its balance sheet after liquidity deteriorated this month. The calculation is based on the results of a 2016 stress test, the Italian bank said in a statement, citing two letters from the ECB ...

  Bloomberg Bundesbank President Jens Weidmann said the bar should be high for government funds being used in a rescue of Italian lender Banca Monte dei Paschi di Siena SpA. Government funds are intended as a “last resort,” Weidmann said in an interview with German newspaper Bild, with the banker adding that planned measures by the Italian government should only ...

  Reuters European shares were steady with the focus on lenders after Deutsche Bank and Credit Suisse settled mortgage securities fraud suits in the United States, and Italy’s Monte dei Paschi agreed to a bailout. The STOXX Europe 600 was flat at its close and unchanged for the week, but the index still on track for its best month since ...

  TEHRAN / AP At money changers across Tehran, shouting voices accompany each change of the signboards out front showing the value of the Iranian rial, which slips ever lower against the US dollar. This week saw Iran’s currency fall to 41,600 rials to $1, its lowest point ever. While making Iranian exports more attractive to the world market in ...

  Bloomberg China promoted Yin Yong to deputy governor of the central bank from assistant governor and named Liu Guoqiang as an assistant governor of the monetary authority. People’s Bank of China Deputy Governor Guo Qingping and assistant governor Yang Ziqiang will step down, according to a statement on the State Council’s website without giving further details. Yin worked for ...

  Vienna / DPA Music comes to Alma Deutscher when she dreams. “I sometimes get a melody in the middle of the night. Then I wake up and I sneak out of bed and I write it down in my notebook,” the British girl says. Like many 11-year-olds, Alma also has a vivid imagination when she is awake, but unlike ...

  Puerto Barra / AFP Forced from their ancestral forests by the arrival of big agriculture in eastern Paraguay, the Ache people gave up the hunter-gatherer lifestyle that had sustained them for centuries. Now they have taken up farming themselves — and they want their old land back. The Ache’s homeland was remade in the 1970s by the mass arrival ...

  Reuters Banking shares boosted Saudi Arabia’s stock index on Tuesday to its highest level this year, while other Gulf markets moved little in quiet trade with some foreign investors absent for New Year holidays. The Saudi index closed up 1.3 percent at 7,257 points in its highest trading volume for two weeks, rising above technical resistance at this year’s ...