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The dollar hit an 11-year high against a basket of currencies after a rate cut in China dented the Chinese yuan and also hit emerging Asian currencies. Brent crude hit a low of $61.70 a barrel and was at $61.90 by 6 a.m. ET, down 68 cents. Disruption to oil supplies from members of the Organization of the Petroleum Exporting Countries (OPEC) has helped support crude with lower output from Libya and Iraq in the first couple of months of this year. Libya's oil production has now recovered to more than 400,000 barrels per day (bpd), officials said.
Ireland go into Tuesday's World Cup clash against South Africa in Canberra faced with a question that even fanciful Test nations have struggled to find an answer for. How does one tame the rampaging AB de Villiers before he destroys the rivals' bowling attack, dents their morale and leaves them dumbstruck by what just hit them? The West Indies once more suffered at the hands of the South African captain who, despite a stomach illness, smashed an audacious 162 off 66 balls with 17 boundaries and eight sixes in Sydney on Friday to fashion a 257-run win. The Proteas, one of the pre-tournament favourites, needed the brutal attack by their 31-year-old captain to steady the ship after they were stunned by India by 130 runs at the Melbourne Cricket Ground a week ago.
(Reuters) - Google Inc's Bradley Horowitz will run the company's Photo and Streams products, in a move that indicates the company may be reorganizing its Google+ social networking site. Horowitz, vice president of product management since 2008, announced the move in a Google+ post late on Sunday. "It's important to me that these changes are properly understood to be positive improvements to both our products and how they reach users," Horowitz wrote. Sundar Pichai, Google's senior vice president of products, told Forbes last week that the two important parts of Google+, Photos and Hangouts, may soon be separated from the main product.