Archive for August 8th, 2014

U.S. allies support strikes, but not helping

August 8, 2014
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Paris (AFP) – As US President Barack Obama ordered his warplanes back to Iraq to prevent a potential genocide, Western allies appeared more reticent, limiting their contribution to promises of humanitarian aid and expressions of diplomatic outrage.
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Tropical Storm Iselle slams Hawaii, knocks out power

August 8, 2014
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HONOLULU (AP) — The first storm in a one-two punch heading for Hawaii clamored ashore overnight Friday as a weakened tropical storm, while a second system close behind it strengthened and was on track to pass north of the islands.
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Exclusive: Goldman, JPMorgan in Senate’s crosshairs for commodities holdings

August 8, 2014
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By Patrick Rucker WASHINGTON (Reuters) – U.S. Senator Carl Levin is preparing a last push to bring Wall Street’s big commodity traders to heel during his final months in office, wrapping up a nearly two year-long probe that could potentially reveal abuses in energy and metals markets.
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Rupee unlikely to strengthen more, yuan to rise slowly: Reuters Poll

August 8, 2014
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By Sumanta Dey BANGALORE (Reuters) – The rupee is likely to struggle to gain any more over the next 12 months as a U.S. dollar rally gathers pace on hopes of a strong economic recovery there, while the Chinese yuan is expected to appreciate a little, a Reuters poll found.
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Book publishing helps News Corp beat revenue estimates

August 8, 2014
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(Reuters) – News Corp , publisher of the Wall Street Journal, reported better-than-expected quarterly revenue as growth in its book publishing business helped to make up for a decline in revenue in its bigger news and information division.
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KL shares open lower

August 8, 2014
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KUALA LUMPUR: Share prices on Bursa Malaysia opened lower this morning in tandem with the easier Wall Street performance overnight.
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