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  • Eurozone business activity speeds up in November

    Eurozone business activity speeds up in November

    It will also be welcome news for the European Central Bank, which is still likely to announce next month an extension to its massive stimulus programme. Most of the rise was attributable to a 94.1% jump in the volatile non-defence aircraft and parts category, but excluding those from the transportation sector orders were also ahead of Wall Street´s forecasts.

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  • Sensex rallies 170 points on short-covering, Asian cues

    Sensex rallies 170 points on short-covering, Asian cues

    Positive global cues, coupled with short covering and value buying, lifted the Indian equity markets on Wednesday. "Markets are trading in a narrow range in expectation of weak December quarter numbers due to prevailing demand contraction as a result of currency demonetisation".

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  • Sales of new homes slipped in October

    Sales of new homes slipped in October

    New home sales, which are derived from building permits, are volatile on a month-to-month basis and subject to large revisions. Economists had expected home sales to edge down by 0.5 percent to a rate of 590,000 from the 593,000 originally reported for the previous month.

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  • Currency Ban: KCR's 'Wish list' To Modi

    Currency Ban: KCR's 'Wish list' To Modi

    Since banks and ATMs were ordered closed on November 9, the problems were discovered only a day later when millions queued up for deposits, withdrawals, and exchanges. Modi also said the ban would help combat fake currency. "The BJP leaders during the Yatras are enjoying the facilities and infrastructure developed by the SP government".

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  • Sea of foam cascades out of airport hangar

    Emergency crews say the foam is a fire retardant at San Jose International Airport which was released accidentally. Christmas hasn't come early. The "aqueous film-forming foam", which from a distance resembled snow, surrounded cars and was at one point high enough to nearly overtake a stop sign.

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  • Obama to meet Australia, Canada leaders before return to US

    President-elect Donald Trump says trade deals can hurt USA workers, and he opposes the sweeping Trans-Pacific Partnership agreement. New Zealand's Prime Minister John Key spoke more bluntly, saying the "tremendous despair" triggered by Trump's trade views can't be allowed to slow down economic integration by the rest of the world.

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  • Illinois workers to demonstrate over Rauner's planned cuts

    Illinois workers to demonstrate over Rauner's planned cuts

    Roemersberger said they're willing to make concessions, but the state must do the same. AFSCME has said it plans to appeal the decision in court. Baker said unions are also anxious about losing support in the state capitol after Democrats lost their supermajority in this month's election.

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  • Financial markets open relatively steady as conciliatory Trump eases some fears

    Financial markets open relatively steady as conciliatory Trump eases some fears

    Before Trump's victory speech , investors had been anxious because his campaign promises carried few policy details, making him an unknown quantity compared with his rival, Hillary Clinton, who was seen as a safe choice. Emerging markets bore the brunt of the impact of Trump's victory, with Mexico's peso still down 8 percent after falling more than 13 percent to hit a record low overnight.

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  • No question of going back on demonetisation: Jaitley

    No question of going back on demonetisation: Jaitley

    Lauding the support by the banks and its employees for helping the commoners over the demonetisation move, Arun Jaitley said, "ATMs are being recalibrated on a war footing". "And we had to allow normal volume of currency in the market.", he said. The inconvenience to the common man was bound to happen for an operation of such a large scale, Jaitley said.

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  • A look at Trump's immigration plans by the numbers

    Even that isn't necessary to speed up the process, Nunez said. Targeting criminals: Trump's approach would in some ways be a continuation of policies Obama has pursued to focus immigration enforcement on convicted criminals. During his campaign, he highlighted awful crimes by immigrants he said had escaped detection because of protective policies. "We're going to substantially simplify and lower the taxes", he said in response to a question.

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  • United Airlines Restricts Economy To One Small Carry-on

    United Airlines Restricts Economy To One Small Carry-on

    The move brings United into line with Delta's Basic Economy, introduced in 2014, and the American Airlines equivalent, which will launch in early 2017, although United will restrict baggage along the lines of ultra-LCC Spirit. Potential moves range from adding more used aircraft to refining its long-haul aircraft amid an uncertain economic climate. American, too, has said it plans to begin selling basic economy seats in 2017.

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  • Preview of Analysts Recommendation: Teva Pharmaceutical Industries Limited (NYSE:TEVA)

    Preview of Analysts Recommendation: Teva Pharmaceutical Industries Limited (NYSE:TEVA)

    Hedge funds have recently made changes to their positions in the stock. According to Zacks Investment Research , based on 4 analysts' forecasts, the consensus EPS forecast for the quarter is $1.27. In 3QFY16, TJX's bottom line stood at 86 cents while in last quarter, EPS was 84 cents. The company has volume of 5.79 Million shares. It has a dividend yield of 3.35%.

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  • China gripped by £13bn Singles Day sales madness

    As of 9 AM (local time), total sales across 16 of China's major e-commerce platforms had already topped 76 billion yuan (over $10 billion), according to data provider Syntun which has been monitoring the real-time transactions of the top 16.

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  • Mexico beat United States at home in World Cup qualifier

    Mexico beat United States at home in World Cup qualifier

    The road to Russian Federation is still wide open for the United States , but the path picked up a giant pothole. "(Losing to Mexico ) gets a sense of anger in all of us and absolutely a sense of urgency because we don't want to be behind in the group", Klinsmann said.

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  • Asia shares rally in sharp turnaround from Trump shock

    Asia shares rally in sharp turnaround from Trump shock

    Forecasters say the worst may be yet to come. The Australian dollar, sensitive to swings in risk appetite, was down 0.2 percent at $0.7598 and on track for a 1 percent weekly drop. On the campaign trail, Trump pledged to address the suffering of workers left behind by globalization by ripping up free trade deals, imposing tariffs on goods from Mexico and China and restricting immigration.

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  • Oil prices fall on persistent fuel supply overhang

    Crude oil fell sharply Friday after the Organization of Petroleum Exporting Countries ( OPEC ) reported another month of record production, raising doubts about the cartel's ability to drain a global supply glut. Oil prices rose on Wednesday as USA financial markets bounced back from an early Brexit-like slide following Donald Trump's surprise victory in the US presidential election.

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  • Twitter mourns the loss of Vine by sharing their favorite videos

    Twitter mourns the loss of Vine by sharing their favorite videos

    In recent times the app had effectively become a means for people to quickly record clips from sporting events and illegally share them online. Fare thee well Vine . The service was reportedly however no longer growing its user base and also witnessed an exodus of many of its top executives over the past year or so.

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  • For Obama, Clinton rallies a chance to reflect on his legacy

    For Obama, Clinton rallies a chance to reflect on his legacy

    Trump, a NY businessman who says he is worth billions of dollars, invested heavily throughout his GOP primary race. Those - plus making sure he doesn't surrender other typically Republican states, and winning the one electoral vote that can come from Maine's Second Congressional District - get Trump to 260 electoral votes.

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