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Airlines Are Set to Make Even More Money Off Passengers in 2018

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Capacity increased 6.2 percent, and load factor increased 0.8 percent. "The region's carriers face challenges to their business models, and from low oil revenues, regional conflict , crowded air space, the impact of travel restrictions to the United States, and competition the new "super connector" [Turkish Airlines]", IATA said . Read More »

New York Daily News Calls Shohei Ohtani 'Chicken' For Passing On Yankees

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Two A.L. teams that could clearly use Ohtani - and fit the description of a smaller market on the West Coast - are the Seattle Mariners and the Los Angeles Angels , who play in Anaheim, Calif. Ohtani could have waited two more years to reach the minimum age at which he would be eligible for a lucrative major league contract, part of restrictions on worldwide signings included in MLB's recent collective bargaining agreement. Read More »

Cineworld Agrees To Buy Regal Entertainment For $3.6 Bln

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As of November 15th, there was short interest totalling 34,536,188 shares, a growth of 28.8% from the October 31st total of 26,821,815 shares. Cineworld said it expected the deal to "strongly" add to earnings in the first full year following completion, now expected in the first quarter of 2018. Read More »

Apple To Pay Irish State Aid Bill From 2018

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The decision leaves me with no choice but to seek Cabinet approval to appeal the decision before the European Courts. It is important that we send a strong message that Ireland remains an attractive and stable location of choice for long-term substantive investment. Read More »

Amazon finally launched in Australia today

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Amazon said it planned to offer its rapid-shipping subscription service, Prime , in mid-2018, in a sign it is unperturbed by the geographic challenge posed by one of the world's most sparsely populated countries. "The Aussie retailers breathe a sigh of relief as they realise that the range is bad and the prices are exactly the same". A Lenoxx 9-inch Twin Screen Portable DVD player, which retails for $149 on Kogan.com , is $172.38 plus $9.45 delivery on Amazon . Read More »

The Winklevoss twins are now among the world's first bitcoin billionaires

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Bitcoin has grown exponentially since: Fortune reports that, when the Winklevosses first invested, the cryptocurrency was trading at $120 per coin, a far jump from the more than $11,000 it has reached today. "We've never sold a bitcoin, we're in it for the long haul", Cameron told CNN Money in 2015 . In August, Tyler Winklevoss stated that Gemini and his partners are focused on providing liquidity and a trading platform for institutional and retail investors. Read More »

CME to launch bitcoin futures trading on December 18

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In recent months, the price of bitcoin has fluctuated wildly, trading from a little over $1,300 in April up to more than $7,400 in early November, before falling again below $6,000 following the news that a much-anticipated "fork" in the bitcoin blockchain was not going ahead. Read More »

Leclerc already feeling at home with Sauber ahead of F1 debut

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The long-awaited announcement was made by Fiat Chrysler chief executive Sergio Marchionne at a presentation of Alfa Romeo's new partnership with the Swiss team on Saturday. "In 2018, my aim will be to gain more experience in Formula One , and to bring as much value to the team as possible in return". However, the bigger issue, of money, be it the more equal distribution of the prize pot or the doing away of bonuses, has yet to come. Read More »

Crude oil futures decline on overseas leads

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For Brent, WTI, U.S. gasoline and U.S. heating oil, the net long declined by 28 million barrels after rising by 237 million barrels over the previous four weeks, data from regulators and exchanges shows. Total domestic crude production, however, climbed by 24,000 barrels to 9.68 million barrels a day last week. Failure to extend the agreement for the full nine months could therefore spark a sharp correction, but pressing ahead will fuel concerns about the market tightening too much by the ... Read More »

Jaitley indicates merger of 12 per cent, 18 per cent GST slabs

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But we can not say now whether this will mark an upward trend in the growth rate. Real GVA growth has shown a similar increase from 5.6 percent in the first quarter to 6.1 percent in the second quarter, despite a deceleration in agricultural growth from 2.3 percent in the first quarter to 1.7 percent in the second. Read More »

27 million UK Uber customers affected by hack

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The company made the admission to the information Commissioner's Office (ICO) which is investigating the incident, which affected 58 million users and drivers and was kept secret until last week . "Consumers expect and deserve protection from disclosure of their personal information". In a statement to TechCrunch an Uber spokesperson said "We take this matter very seriously and we are happy to answer any questions regulators may have". Read More »

Black Friday online sales rise, but footfall dips

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A new report from analysts at the research outfit claims that as well as the Black Friday weekend, retail sales for the whole of November have been running ahead of expectations. Using NRF and Adobe numbers from 2016 gives us $94 billion in digital sales and $561.8 billion at brick-and-mortar stores. Amazon sales were up, specifically for their Echo and Fire tablets devices, leading Amazon founder Jeff Bezos's fortune to increase once again. Read More »

Idaho gas prices rise, delaying seasonal trends

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In the tricounty region, average pump prices were two cents less than a week ago, including in Broward County [$2.51], Palm Beach County [$2.58], and Miami-Dade County [$2.56]. Exports: According to the Energy Information Administration (EIA), in the first half of 2017, USA exports of total motor gasoline averaged a record high of 756,000 b/d, a three percent increase from the first half of 2016. Read More »

YouTube steps up takedowns as concerns about kids' videos grow

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In a statement emailed to NBC News, Chism said that YouTube updated its community guidelines on November 16, and later that day the channel was terminated after users flagged the videos on the site's " YouTube Kids" App . "We are shocked and appalled to see that our adverts have appeared alongside such exploitative and inappropriate content", said Mars, the McLean, Va. Read More »

Nifty up 41 points; ends below 10400

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The barometer 30-scrip Sensitive Index ( Sensex ) of the BSE closed at 33,679.24 points - up 91.16 points or 0.27 per cent - from its Thursday's close. Domestic institutional investors (DIIs) bought shares worth a net Rs 222.21 crore while foreign portfolio investors (FPIs) purchased equities worth a net Rs 73.22 crore, as per provisional data. Read More »

Brazilian football star Robinho sentenced to jail for sexual assault

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Robinho was found guilty of assaulting a 22-year-old woman at a nightclub in Milan in 2013, when he played for AC Milan . The married forward along with five other men have been charged. A lack of discipline, however, began to dog Robinho , and he was soon returning to Santos before a spell in Italy where the assault took place. Robinho joined Atletico Mineiro from Guangzhou Evergrande a year ago. Read More »

AAA: Thanksgiving Weekend Travel Volume Highest In 12 Years

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AAA projects almost 51 million people will travel 50 miles or more away from home for the Thanksgiving weekend. It's why if you're traveling this week, you'll have even more company on the roads this year compared to last year. AAA expects this increase is due to an increase in domestic demand and cost of newer vehicles. The average rate for a AAA Two Diamond Rated hotel has dropped 5 percent to $117. Read More »

Trader Joe's chicken, turkey salads recalled after reports of glass fragments, silica

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The grocery chain said packages of white meat chicken salad, curried white chicken deli salad and turkey cranberry apple salad sold in some areas could be contaminated. Trader Joe urges its clients to return the products for a full refund and to throw it away. The good news is that all of the potentially risky products have already been removed from stores, so no future customers should be at risk. Read More »

Volvo Selling Thousands of Self-Driving Vehicles to Uber

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The deal marks a milestone step in the USA firm's transition from an app used to summon a taxi to the owner and operator of a fleet of cars. "We believe this is a new segment, a new business", said Hakan Samuelsson, the Chief Executive of Volvo Cars , which is owned by Chinese carmaker Geely. Read More »

Moody's upgrades India's sovereign rating to Baa2 with stable outlook

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After a gap of 13 years, the US-based Moody's on Friday upgraded India's sovereign credit rating by a notch to "Baa2" with a stable outlook citing improved growth prospects driven by economic and institutional reforms. Moody's had in January 2004 revised the rating on India to Baa3 from Ba1. "India's largest ever increase in Ease of Doing Business rankings, Pew study ascertaining PM's popularity, Moody's upgrade are all reflections of Modi Govt's hard-work and reform process", Amit Shah, the ... Read More »