Daily Archives: August 4, 2020

Albania transfers ‘Islamic State’ terror suspect to Germany 

The man known as Komron B. was immediately arrested upon arrival at Frankfurt Airport. He has been accused of plotting to attack US military facilities on behalf of the “Islamic State” terrorist network.

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Global shares mixed amid coronavirus waves, recovery hopes 

Shares have risen across Asia after Wall Street closed broadly higher on encouraging economic reports

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Sony’s profit up as people staying home play video games 

Japanese electronics and entertainment company Sony Corp. said Tuesday that its April-June profit jumped 53% as its video game and other online businesses thrived with people staying home due to the coronavirus pandemic.

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Dixons Carphone to cut 800 store management jobs 

The Currys PC World owner said it was “not an easy decision” but it must respond to rising online sales.

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Uluru closed to tourists after indigenous group blocks access road, fearing visitors will spread coronavirus 

Australia has closed the national park that is home to the revered indigenous site of Uluru after some in the community blocked an access route for fear that visitors could carry in coronavirus infections.The country is battling a new wave of the deadly virus, with southeastern Victoria state reeling from hundreds of infections, while Indigenous Australians […]

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10 Biggest Price Target Changes For Monday 

Morgan Stanley lifted Clorox Co (NYSE: CLX) price target from $193 to $197. Clorox shares rose 0.7% to $233.50 in pre-market trading. read more

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Reporter sues Golden Globes organization over member rules 

A Norwegian entertainment reporter is suing the organization that gives out the Golden Globes, alleging that it acts as a cartel that illegally protects its members against competition

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Florida man arrested, charged with murder after fatally shooting Burger King worker over drive-thru delay, police say 

A Florida man fatally shot a Burger King employee over a long drive-thru line, according to the Orange County Sheriff’s Office.

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UK coronavirus live: deaths in England and Wales below five-year average for sixth week in a row, says ONS 

Total of 8,891 deaths in England and Wales in week to 24 July, reportd ONS; researchers warn more testing needed ahead of schools reopeningLocal authority sets up own test-and-tracing schemeUp to 2,000 jobs to go at Pizza Express and Dixons CarphoneConcerns persist over plan to reopen English schoolsVirologists criticise handling of testing contractsGlobal c […]

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Worst Seems To Be Over Says Finance Ministry, Farm Sector To Cushion Covid Shock 

The Finance Ministry noted in a latest monthly update that with India unlocking, the worst seems to be over for the economy as high-frequency indicators show an improvement from the unprecedented trough the economy had hit in April 2020. These include Index of Industrial Production (IIP), Purchasing Managers Index (PMI), power generation, production of steel […]

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‘Bachelorette’ tattoo twist: Former cast member regifted Ali Fedotowsky tattoo to his wife 

Kasey Kahl gained notoriety on “The Bachelorette” when he got a tattoo to prove to Ali Fedotowsky that he was sincere, but has since added something to it.

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BP halves dividend; 1,100 PizzaExpress jobs at risk- business live 

Rolling coverage of the latest economic and financial newsLatest: PizzaExpress could close 15% of UK restaurants in rescue deal1,100 jobs at risk Earlier:Oil giant cuts dividend to 5.25 cents per shareBP posts huge loss after asset writedownsDiageo hit by sales slump, but easyJet expands schedule 1.24pm BST Back in the City, oil giant BP is still among the t […]

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China won’t accept ‘theft’ of TikTok, according to state newspaper 

China won’t accept the “theft” of TikTok, and that it has “plenty of ways to respond” if the US government tries to force a sale through, according to an editorial in the state-run China Daily (via Reuters). That follows news that Microsoft wants to…

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Key Words: A record high for the Nasdaq ‘would all come crashing down,’ says Trump in a tweet, ‘including your jobs, stocks, and 401(k)s,’ if Biden wins presidency 

President Donald Trump’s latest tweet touts record gains for the Nasdaq Composite Index and suggests a rebound in the market from coronavirus -induced lows is in jeopardy if former Vice President Joe Biden, and presumptive Democratic presidential nominee, wins the 2020 election.

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BUSINESS LIVE:  BP slashes dividend; Easyjet raises flight capacity; Diageo profits slide  

BP has slashed its dividend payout to 4p per share. This is the first time it has cut the payment since the Deepwater Horizon disaster, after the company’s profits were squeezed by a drop in the price of oil.

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