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Berkshire Hathaway increased its stake in iPhone maker Apple to about 133 million shares, chairman Warren Buffett told CNBC.

Former ABC managing director David Hill has held back tears as he told a British inquiry of the sexual abuse and suffering of children sent from the UK to work at Australian farm schools.

BHP Billiton and striking workers at its Escondida copper mine have resumed talks in an effort to reach a wage agreement.

The Philippines on Monday condemned the "barbaric beheading" of a German captive by Islamic State-linked Abu Sayyaf militants, who posted a video of the killing after a deadline for a ransom passed.