Buzz It Up News
  • French court OKs Calais migrant camp closure, amid NGO fears

    French court OKs Calais migrant camp closure, amid NGO fears

    He said that "thanks to the cooperation between our police services, 33 illegal immigration networks smuggling people into the United Kingdom have already been dismantled in France since the beginning of this year". The Dubs amendment is named after the politician who proposed it, Alf Dubs, who came to Britain as a Jewish child refugee fleeing Nazi persecution.

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  • Atlantic City's Trump Taj Mahal casino closes

    Union president Bob McDevitt said there was "a strong possibility" that Icahn would attempt to reopen the casino early in 2017 without employing union workers. Voters will decide in November whether to permit two new casinos in northern New Jersey just outside New York City, a development that would likely lead to additional casino closures in Atlantic City.

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  • China's exports, imports fall in September on weak demand

    China's exports, imports fall in September on weak demand

    Asian markets saw falls overnight as reports from China revealed imports in dollar terms contracted and exports declined by ten percent. Bangkok was down 0.8 percent in the morning, extending a sharp sell-off this week on worries about the gravely ill King Bhumibol Adulyadej, who is considered a stabilising influence on the troubled nation.

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  • Thais gripped by grief after beloved king's death

    Thais gripped by grief after beloved king's death

    Many Thais worshipped Bhumibol as a bodhisattva, or living Buddha, Foreign Affairs reported . Thailand is reeling from the death of King Bhumibol Adulyadej earlier today. After being warned by the palace on Sunday that the king's health was "not stable", members of the public camped outside the hospital offering prayers for his recovery.

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  • Oil ends up; refined products draw offset US crude build

    Oil ends up; refined products draw offset US crude build

    The scale of the internal obstacles OPEC must resolve was revealed Wednesday as the group's latest output estimates showed a half-million-barrel difference of opinion over how much two key members are pumping. Total volume traded was 48% above the 100-day average. The IEA explained that "Libya and Nigeria have seen their production severely curtailed by war and sabotage, while sanctions on Iran that restricted its oil industry were lifted in January, allowing Tehran to steadily increase its ...

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  • Industrial output falls for 2nd straight month

    Industrial output falls for 2nd straight month

    Capital goods fell to -22.2 per cent weighed on IIP number whereas manufacturing item came in at -0.3 per cent. In addition, the data revealed that among the six use-based classifications of the index, the output of consumer durables segment expanded by 2.3 per cent in August.

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  • Twitter shares plunge on report bidders are scarce

    Twitter shares plunge on report bidders are scarce

    Inc is one of the bidders for Twitter . Twitter shares continued sliding on Monday following a report that bids for the struggling company are unlikely. But it failed to build a sustainable moneymaking business as its various CEOs seesawed between tech, commerce and media strategies. Still, the company reported its weakest revenue growth since its stock market flotation in 2013 back in July, with second quarter revenue rising 20% to 602 million United States dollars (£460 million).

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  • Wall Street dips in slow start to fourth quarter

    While the bank's Frankfurt-listed stock was not trading due to a public holiday, its US -listed shares were down 0.92 percent at $12.98 in premarket trading on Monday. Some Bank of Japan board members doubted whether the central bank's overhaul of its massive stimulus programme, announced last week would enhance flexibility of monetary policy, a summary of opinions at the central bank's September rate review showed on Friday.

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  • Mall of America will be closed on Thanksgiving

    Mall of America will be closed on Thanksgiving

    Given its size and national status, the Thanksgiving Day closure could lead to other malls and major retailers to follow suit. The more than 520 stores have the option to open on the holiday, but mall executives expect most will be closed.

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  • Stocks Decline Monday, Dow Down 54 Points -- US Commmentary

    Stocks Decline Monday, Dow Down 54 Points -- US Commmentary

    Bond prices fell. The yield on the 10-year Treasury note rose to 1.62 percent from 1.60 percent. MSCI's broadest index of Asia-Pacific shares outside Japan slipped 0.3 percent. Strong jobs numbers might encourage Federal Reserve to raise interest rates again this year. The euro fell to 1.1217 dollars from 1.1237 dollars and the dollar rose to 101.55 yen from 101.41 yen.

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  • Shareholder Union Investment says Deutsche Bank not "in crisis"

    The amount is viewed as a major drain on its capital. The report said many European banks are still struggling with high levels of impaired assets and low profitability, due to loan problems left over from the last financial crisis. Even if an economic recovery is consolidated and interest rates rise, "markets have serious concerns about the ability of many banks to remain viable and healthy, and whether economic recovery is sufficient to restore sustainable profitability", the ...

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  • Kaine vs. Pence: All even at the start

    Trump's inability to keep his cool has raised the stakes for Pence , who now must appear to lend a measure of calm and clarity to the campaign while facing tough questions about Trump's tax returns and policies. The poll revealed that 68% of Trump supporters think Pence will carry the day, and 64% of Clinton backers said Kaine will. Pence has frequently been on the hot seat defending, deflecting and explaining some of his unconventional running mate's more inflammatory comments ...

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  • Wall Street see-saws as investors assess rate-hike chances

    S&P 500 companies on average are expected to posts a 0.5 per cent dip in third-quarter earnings, according to Thomson Reuters data. Better than expected manufacturing data from the US was not welcomed news by investors as it strengthens the case for a Fed rate hike by year end.

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  • Volkswagen Hopeful For 2020, Sets EV Hatch Launch Date

    Volkswagen Hopeful For 2020, Sets EV Hatch Launch Date

    The Generation EQ is a concept sport-utility vehicle, but it's not all that conceptual; Mercedes-Benz's own press release describes it as "close to production". The emission-free automobile is the future. "We are seeing a highly emotional, political and illogical kind of discussion, but when you look at the facts and the technological potential, it would be absolutely stupid to forego the potential that diesel provides", Zetsche said .

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  • Wells Fargo CEO to face lawmakers with better defense

    Wells Fargo CEO to face lawmakers with better defense

    Finally, Stumpf will again emphasize that Wells Fargo did not instruct employees to engage in opening fraudulent accounts to boost numbers. Lawmakers on the U.S. That's based on an updated tally of Tolstedt's stock holdings that Wells Fargo recently sent Senator Elizabeth Warren. That could include evaluating whether top executives including Stumpf should keep their posts, according to a person with knowledge of the panel's deliberations, who asked not to be identified because they're ...

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  • Dollar, yen weaker as markets weigh Fed, BoJ moves

    Wall Street retreated on Friday as lower oil prices weighed on energy shares and Facebook and Apple declined, but major indexes still posted gains for the week. Facebook FB.O shares fell 1.6 percent and were one of the biggest drags on the S&P 500 . For the time being, though, they said they still needed more evidence that the economy was headed to full employment, as the jobless rate sits at 4.9 percent, and that inflation would pick up and move toward their 2 percent target.

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  • Rolling Stone Sells 49% Stake To Startup BandLab

    Bloomberg said the two struck up a friendship over their common interest in guitars and Bob Dylan. Each had played in bands as teenagers. This is the first time the 49-year old American publisher allowed outside investors to buy into the property.

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  • Monarch Airlines denies speculation it is in financial trouble

    Monarch Airlines denies speculation it is in financial trouble

    Travellers and aviation enthusiasts began tweeting and posting speculation to Facebook on Sunday. A spokesperson for the company said the airline was operating flights as scheduled. It said it expects to announce "significant" investment in the coming days. According to the Independent , a tweet by Monarch customer Adam Farmiloe read, "Are you going bust tonight?" Please release a statement.

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  • Pfizer ditches its break up plans after two years

    Pfizer ditches its break up plans after two years

    U.S. drugmaker Pfizer Inc , which has been considering a split into two companies for more than two years, said on Monday it would not do so because the move would not create any shareholder value. The shares fell 1.1 percent to $33.90 at 6:55 a.m.in NY. Pfizer said Monday that a split would not help the competitive positioning of its businesses, and such a move would create disruptions and increased costs.

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  • PM Vucic to be at Clinton Foundation event Hillary will miss

    Clinton Global Initiative was established in 2007 by the American ex-president Bill Clinton and it holds its annual meetings on September in NY city with the presence of a number of World leaders and figures that has worldwide contributions in addition to media, art and NGOs figures, in order to discuss and exchange views on different economic and social issues related to the current times.

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  • Native Canadians Join US Sioux Tribe in Fight Against Oil Pipelines

    The federal Pipeline and Hazardous Materials Safety Administration is conducting an investigation, agency spokeswoman Artealia Gilliard said Thursday. The use of eminent domain for the pipeline continues the idea of Manifest Destiny, where white settlers were considered entitled to move westward and displace Native Americans, she said.

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  • US claims win in dispute with EU over aerospace subsidies

    US claims win in dispute with EU over aerospace subsidies

    At stake are potentially billions of dollars in tariffs the USA and European Union could be allowed to impose on each other unless the WTO's subsidy concerns are addressed. In a previous ruling, the WTO said that "without the subsidies, Airbus would not have existed ... and there would be no Airbus aircraft on the market".

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