Archive for January 19th, 2014

L.A.-area fire wanes; dangerous conditions remain

January 19, 2014
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GLENDORA, Calif. (AP) — Firefighters said Sunday they continued their steady progress in surrounding a wildfire near Los Angeles that destroyed several homes.
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Putin defends anti-gay law, but vows no ‘problems’ for Olympic visitors

January 19, 2014
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Russian President Vladimir Putin defended his country’s controversial new anti-gay law, saying it aims to protect children and does not discriminate against anyone.
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Protasco eyes Libya jobs to lift overseas earnings

January 19, 2014
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PROTASCO Bhd, which lost over RM40 million from its operation in Libya due to a revolution, is banking on new jobs there to improve overseas earnings.
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Postal Service, union wrangle over Staples outlets

January 19, 2014
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WASHINGTON (AP) — The opening of Postal Service retail centers in dozens of Staples stores around the country is being met with threats of protests and boycotts by the agency’s unions.
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Putin defends anti-gay Law, but vows no ‘problems’ for Olympic visitors

January 19, 2014
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Russian President Vladimir Putin defended his country’s controversial new anti-gay law, saying it aims to protect children and does not discriminate against anyone.
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MIDEAST STOCKS-Poor blue chip earnings weigh on Saudi; Egypt tumbles after vote

January 19, 2014
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By Nadia Saleem DUBAI, Jan 19 (Reuters) – Disappointing earnings from two of Saudi Arabia’s largest firms weighed on investors sentiment, while Egypt’s market fell in heavy profit-taking after a strong backing for the country’s new constitution. Other regional shares were mixed.
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Middle East investment banking fees up 20 pct in 2013

January 19, 2014
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DUBAI, Jan 19 (Reuters) – Investment banking fees in the Middle East grew 20 percent last year, data compiled by Thomson Reuters showed, as capital markets activity continued to recover gradually from the global financial crisis.
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Mayor: Chris Christie aides tied Superstorm Sandy funds to project

January 19, 2014
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TRENTON, N.J. (AP) — The Christie administration withheld millions of dollars in Superstorm Sandy recovery grants from a New Jersey city because its mayor refused to sign off on a politically connected commercial development, the mayor said Saturday.
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As LA-area fire wanes, dangerous conditions remain

January 19, 2014
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GLENDORA, Calif. (AP) — Hundreds of residents who fled a wildfire in the suburbs of Los Angeles returned home Saturday as red-flag warnings of extremely dangerous fire conditions expired, but officials say that bone-dry winter conditions remain a threat for the region.
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STOCKS NEWS MIDEAST-Mixed earnings in Saudi; Al Rajhi’s Q4 miss may sour mood

January 19, 2014
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0545 GMT – Saudi Arabian firms have posted mixed fourth-quarter earnings so far but a significant miss by large-cap Al Rajhi Bank may dampen sentiment on Sunday.
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