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Shareholders foil Hong Kong tycoon Li's $12.4 billion deal

Tue, 11/24/2015 - 23:46
HONG KONG (AP) — Shareholders have foiled Hong Kong tycoon Li Ka-shing's $12.4 billion proposal to combine his infrastructure and utility companies, dealing a setback to the billionaire known as "Superman" for his business acumen.
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Singapore cuts 2015 growth forecast to 2 percent

Tue, 11/24/2015 - 23:02
SINGAPORE (AP) — Singapore lowered its growth forecast for 2015 because of weakness in manufacturing and said gains will continue to be modest next year even as the global economy improves.
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New leader may not mean new climate policies, despite Australian solar success

Tue, 11/24/2015 - 18:23
By Matt Siegel and Byron Kaye SYDNEY (Reuters) - Soaring electricity prices, high solar panel uptake and plenty of sunshine are pushing Australia to the forefront of a solar battery storage revolution driven by Silicon Valley firms like Tesla Motors Inc and Enphase. Prime Minister Malcolm Turnbull will face intense scrutiny at the upcoming global climate change summit in Paris for signs of a shift from the man he replaced in a September party coup, climate sceptic Tony Abbott.
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India's ruling party confronts Gandhis as parliament gathers

Tue, 11/24/2015 - 18:13

By Douglas Busvine and Rupam Jain Nair NEW DELHI (Reuters) - Indian Prime Minister Narendra Modi has just suffered a bruising election setback, yet his party appears in no mood to compromise with the main political opposition to get stalled economic reforms back on track. Instead, the nationalist Bharatiya Janata Party (BJP) has launched an all-out offensive against the Congress party, in a potentially dangerous game of brinkmanship that risks turning the next parliamentary session into a prolonged slanging match. "It's a political vendetta," said veteran newspaper editor and commentator Shekhar Gupta of the BJP's attacks on Congress, and specifically Rahul Gandhi, heir apparent to his mother and party leader Sonia Gandhi.

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The Latest: France says it has struck IS center in Iraq

Tue, 11/24/2015 - 17:45

WASHINGTON (AP) — The latest on President Barack Obama's meeting with French President Francois Hollande at the White House on the fight against the Islamic State group:

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U.N. decries Balkans border curbs on refugees; arrivals in Greece fall sharply

Tue, 11/24/2015 - 14:00

By Stephanie Nebehay GENEVA (Reuters) - About 1,000 migrants are stuck at the main border crossing into Macedonia from Greece, denied entry due to their nationalities in contravention of international law, the United Nations said. The number of refugees and migrants reaching the Greek islands, the most frequently used entry point to Europe, fell to 155 on Sunday while 478 arrived at the ports of Athens and Kavala - far fewer than the daily average for the past few months, the International Organization for Migration said. There had also been no migrant boats landing in Italy, the other main route into the EU, since Nov. 19, it said.

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What are the implications of Turkey downing Russian jet?

Tue, 11/24/2015 - 12:29

NATO member Turkey shot down a Russian fighter jet on its border with Syria on Tuesday, raising concerns over the potential for a further escalation in the more-than- four-year Syrian conflict. Ankara says the plane violated Turkish airspace, but Russian President Vladimir Putin has insisted the jet was over Syria at the time of the strike. Russia is one of several leading powers involved in Syria, where a four-year-old civil war has developed into a proxy war between regional rivals.

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UN human rights agency wants Thailand army jail closed

Tue, 11/24/2015 - 09:08
BANGKOK (AP) — The U.N.'s human rights agency has called on Thailand to immediately close a military detention center where two high-profile prisoners died in controversial circumstances over the past month.
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U.S., Japan naval exercises make 'big step forward'

Tue, 11/24/2015 - 08:10
By Tim Kelly USS RONALD REAGAN (Reuters) - The U.S. and Japanese navies established a new level of cooperation to resupply each others vessels during joint exercises in the seas south of Japan last week, the commander of the U.S. Seventh Fleet said on Tuesday. Vice Admiral Joseph Aucoin said the delivery of boxes of food and other provisions to a Japanese warship by a U.S. helicopter heralded greater operational integration. "It's a big step forward, and we want to do more of that in the future," Aucoin said at a press conference aboard the USS Ronald Reagan.
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Migrants build society in French camp they call 'the jungle'

Tue, 11/24/2015 - 08:08

CALAIS, France (AP) — Outside, acrid smoke from wood fires stings the eye, the stench of uncollected garbage and neglected toilets assaults the nose, and an autumn wind chills the bone. But inside Mimi Amanuel's immaculate wood-framed shack, the nightmare life of Calais' migrant camp cannot overpower a woman's dreams.

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German financial giant Allianz slashes coal investments

Tue, 11/24/2015 - 07:25

BERLIN (AP) — Germany's Allianz SE, one of the world's largest financial asset managers, said Tuesday it would over the next six months decrease investments in companies using coal and boost funding on those focused on wind power.

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Nuclear club eyes Indian inclusion, but risks Pakistan's ire

Tue, 11/24/2015 - 06:55

By Douglas Busvine NEW DELHI (Reuters) - Diplomats have quietly launched a new push to induct India into a club of nuclear trading nations, but rather than increasing stability in South Asia, the move could escalate strains with rival Pakistan. The chairman of the Nuclear Suppliers Group (NSG) visited New Delhi recently to meet Foreign Minister Sushma Swaraj as part of a diplomatic "outreach" that seeks to build a consensus to admit India at its annual meeting next June. Membership of the 48-nation club would bring India into the nuclear fold 41 years after it tested its first nuclear bomb, and give the nation of 1.25 billion a vested interest in curbing the world's most dangerous regional arms race.

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China official says some Xinjiang Party members back 'terrorist acts'

Tue, 11/24/2015 - 05:16
A senior official from China's violence-torn Xinjiang region questioned on Tuesday the loyalty of some ruling Communist Party members there, saying some even supported "terrorist acts". The comments are a rare admission of dissent among Xinjiang's officials over Beijing's policies, which have been condemned by human rights advocates as a major cause for unrest, in the region. China's government says it faces a serious threat from Islamist militants and separatists in energy-rich Xinjiang, on the border of central Asia, where hundreds have died in violence in recent years.
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Disabled man set for scaffold as Pakistan nears 300th execution

Tue, 11/24/2015 - 04:34

Pakistan is set to execute a disabled man as activists said it was nearing its 300th hanging in under a year, with Amnesty slamming Islamabad Tuesday for "shamefully sealing its place among the world's worst executioners". The execution of Abdul Basit, a paraplegic who was convicted of murder in 2009, has already been postponed several times after rights groups raised concerns about how a wheelchair-bound man would mount the scaffold. Amnesty said it has been scheduled again for Wednesday.

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Sponsor's fury over Evergrande football kit switch

Tue, 11/24/2015 - 04:14

The car company that sponsors the shirts of Asia's newly crowned football champions has launched legal action against the club for changing their kit for Saturday's AFC Champions League final, the firm said. Chinese-Japanese joint venture Dongfeng Nissan paid more than 100 million yuan ($16 million) for the season-long rights to Guangzhou Evergrande Taobao's apparel, according to China's official news agency Xinhua. Dongfeng Nissan, a partnership between China's Dongfeng Motors and Nissan of Japan, which itself has an alliance with French firm Renault, issued a furious denunciation.

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Vatican puts 2 journalists on trial for reporting on leaks

Tue, 11/24/2015 - 03:42
VATICAN CITY (AP) — Two Italian journalists who wrote books detailing Vatican mismanagement face trial on Tuesday in a Vatican courtroom along with three people accused of leaking them the information in a case that has drawn scorn from media watchdogs.
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Australia PM says no global support for troops on the ground in Syria

Tue, 11/24/2015 - 02:50

Australian Prime Minister Malcolm Turnbull said Tuesday there was no global support for a US-led ground force to destroy the Islamic State group, which he called fundamentally weak with "more Twitter accounts than fighters". Calls have been mounting in Canberra for boots on the ground in Syria to combat the threat from Islamic State jihadists and other militant groups in the wake of deadly attacks in Paris this month. "I have to report to the House that the consensus of the leaders I met at the G20, at APEC and at the East Asia Summit is that there is no support currently for a large US-led Western army to attempt to conquer and hold ISIL-controlled areas," he said, referring to another term for the Islamic State group.

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Australia says El Nino-reinforcing weather condition ends

Tue, 11/24/2015 - 01:57
A climate condition that has reinforced the impact of an El Nino weather event in recent months has broken down over the past fortnight, but a strong El Nino persists, Australia's weather bureau said on Tuesday. A positive Indian Ocean Dipole - a difference in sea surface temperatures between two areas - ended in the past two weeks, as is common at the start of the country's monsoon season, the Australian Bureau of Meteorology said. More broadly, the bureau said Indian Ocean temperatures had remained warmer than average in 2015, which has offset some of the drying influence of the current El Nino.
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Vatican puts 2 journalists on trial for reporting on leaks

Tue, 11/24/2015 - 01:05
VATICAN CITY (AP) — Two Italian journalists who wrote books detailing Vatican mismanagement go on trial Tuesday in a Vatican courtroom along with three people accused of leaking them the information in a case that has drawn scorn from media watchdogs around the world.
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Australia leader talks down prospect of US-led army in Syria

Tue, 11/24/2015 - 00:08
CANBERRA, Australia (AP) — There is no support among world leaders for the prospect of a U.S.-led army in Iraq and Syria to take back ground from Islamic State militants, Australia's prime minister said Tuesday.
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