Sunday, November 13, 2016

Underwater drone to investigate sonar contacts in MH370 hunt and other top stories.

  • Underwater drone to investigate sonar contacts in MH370 hunt

    Underwater drone to investigate sonar contacts in MH370 hunt
    Underwater drone to investigate sonar contacts in MH370 hunt A ship involved with the deep-sea sonar search for missing Malaysia Airlines Flight 370 is being fitted with a drone to examine several sonar contacts of interest on the remote seabed west of Australia. The Australian Transport Safety Bureau said on Wednesday that none of the sonar contacts exhibit the characteristics of a typical aircraft debris field. But some of the contacts exhibit m..
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  • China's GDP Grows 6.7% as Expected

    China's GDP Grows 6.7% as Expected
    China‘s economy expanded at a steady 6.7% in the third quarter and looks set to hit Beijing’s full-year target, fueled by stronger government spending, record bank lending, and a red-hot property market that are adding to its growing pile of debt. Wednesday’s data painted a picture of an economy that is slowly stabilizing but increasingly dependent on government spending and a housing boom for growth, as private investment and exports remain stubbornly weak. Some economists believe Beijing has ..
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  • In one year, people have read anti-Semitic tweets a staggering 10 billion times, report says

    In one year, people have read anti-Semitic tweets a staggering 10 billion times, report says
    On Monday, a reporter received a sickening Twitter message: A photo of her face, with a Nazi-style yellow star superimposed and a bloody bullet hole Photoshopped in the middle of her forehead. “Don’t mess with our boy Trump or you will be first in line for the camp,” the message to Politico reporter Hadas Gold said. That message to Gold resembled more than 2 million tweets containing language associated with anti-Semitism, all posted in a one-year period, the Anti-Defamation League found in a ne..
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  • Lotte Chairman, Family Members Charged With Embezzlement, Tax Evasion

    Lotte Chairman, Family Members Charged With Embezzlement, Tax Evasion
    SEOUL—Prosecutors charged the chairman of Lotte Group and four other family members with tax evasion, embezzlement and breach of trust, concluding a corruption investigation that has plunged one of South Korea’s biggest businesses into crisis for months. Lotte Chairman Shin Dong-bin and the other members of his family, including his father and company founder Shin Kyuk-ho, as well as other current and former Lotte executives, were charged with financial irregularities amounting to 375.5 billion..
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  • Yahoo Looks to Bright Side After Breach

    Yahoo Looks to Bright Side After Breach
    Yahoo Inc. on Tuesday posted an increase in third-quarter profit and said usage of its email product has increased slightly since disclosing a massive data breach that was announced last month, rare bits of good news as it clings to a deal to sell itself to Verizon Communications Inc. The number of mail messages sent and read, as well as the number of page views, rose slightly since Yahoo’s announcement on Sept. 22 that user data...
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  • Rising power costs weigh on BHP Billiton's Olympic Dam

    Rising power costs weigh on BHP Billiton's Olympic Dam
    By Sonali Paul | MELBOURNE MELBOURNE Power risks are so front of mind at global giant BHP Billiton's Olympic Dam copper mine in South Australia, that the mine's chief has an app on her phone to track electricity prices and is even considering building a power station for the site.After a state-wide blackout on Sept. 28 shut the mine for nearly two weeks, BHP is still assessing the impact on its copper output forecast for this year, it said in its quarterly report on Thursday.The giant mine, ..
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  • Asian shares edge up on China growth relief, oil higher

    Asian shares edge up on China growth relief, oil higher
    SYDNEY Asian shares rose for a second session on Wednesday as a barrage of Chinese data confirmed the economy had stabilized on the back of government spending and a hot housing market, even if worries about debt continue to mount.The initial reaction was muted with few fireworks in the figures and Shanghai stocks .SSEC edged up 0.2 percent.MSCI's broadest index of Asia-Pacific shares outside Japan .MIAPJ0000PUS added 0.4 percent, on top of Tuesday's 1.4 percent jump. Australian shares firmed..
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  • IMF cuts Saudi Arabia 2016 growth forecast as oil price stays low

    IMF cuts Saudi Arabia 2016 growth forecast as oil price stays low
    Subscribe to FT.com Subscribe to read: IMF cuts Saudi Arabia 2016 growth forecast as oil price stays low Already a subscriber? Sign in here
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  • Marriott Plans New $600M Headquarters In Maryland

    Marriott Plans New $600M Headquarters In Maryland
    ANNAPOLIS, Md. (AP)– Marriott International Inc. is planning a new $600 million headquarters in Maryland. Marriott announced Tuesday that the new complex in Bethesda, a few miles from its current home, will have 700,000 square feet of office space for more than 3,500 employees. A Marriott-branded hotel will be built on the site with more than 200 rooms. Marriott President and CEO Arne Sorenson says Marriott has been headquartered in Montgomery County, Maryland, for more than 60 years, and inte..
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  • Fiat Chrysler recalls trucks, cars to fix alternator problem

    Fiat Chrysler recalls trucks, cars to fix alternator problem
    By Associated Press October 18 at 7:20 PM DETROIT — Fiat Chrysler is recalling more than 86,000 trucks and police cars mainly in North America to fix a short circuit in the alternators that can cause engine stalling or fires. The recall covers certain 2007 through 2013 Ram 2500 and 3500 pickup trucks, as well as Ram 4500 and 5500 chassis cabs. Also covered are some 2011 through 2014 Charger police cars. The company says diodes inside the alternators can wear out under frequent hot-temperatur..
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