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By Sam Forgione NEW YORK (Reuters) - U.S. shares rebounded in afternoon trading on Tuesday, boosted by strong earnings from Merck and a dividend hike by IBM, while oil prices pared gains on expectations that U.S. crude stockpiles have reached record highs. Brent crude was last down 8 cents at $64.75 a barrel.
By Kanupriya Kapoor CILACAP, Indonesia (Reuters) - Eight drug-trafficking convicts from several countries were executed by an Indonesian firing squad shortly after midnight on Wednesday, media said, but a Filipina who was on death row with them was unexpectedly spared at the last minute. Earlier, Jakarta rejected last-ditch pleas from around the world for clemency to be granted the drug traffickers from Nigeria, Australia, Brazil and Indonesia, ordering their mass execution to proceed within hours. A spokesman for the Attorney General's Office said the execution of Mary Jane Veloso, a mother of two who was arrested in 2010 after she arrived in Indonesia with 2.6 kg of heroin hidden in her suitcase, had been delayed. People holding a vigil outside the Indonesian embassy in Manila cheered and clapped on hearing the news.