Sunday, January 8, 2017

Uber's Mideast Rival Valued at $1 Billion on Saudi STC Deal and other top stories.

  • Uber's Mideast Rival Valued at $1 Billion on Saudi STC Deal

    Uber's Mideast Rival Valued at $1 Billion on Saudi STC Deal
    Government controlled Saudi Telecom Co. will invest $100 million in Middle East-based ride-hailing app Careem Networks FZ, giving the four-year-old company a valuation of about $1 billion.The board of STC, as the Saudi company is known, approved the purchase of a 10 percent stake in Dubai-based Careem on Dec. 15, according to a statement on the Saudi Stock Exchange Sunday. STC will fund the deal from internal resources. The company is already an investor in Careem through its venture capital ar..
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  • Massive 2013 Oil Spill in North Dakota Still Not Cleaned Up

    Massive 2013 Oil Spill in North Dakota Still Not Cleaned Up
    Three years and three months later, a massive oil spill in North Dakota still isn't fully cleaned up. The company responsible hasn't even set a date for completion. Though crews have been working around the clock to deal with the Tesoro Corp. pipeline break, which happened in a wheat field in September 2013, less than a third of the 840,000 gallons that spilled has been recovered — or ever will be, North Dakota Health Department environmental scientist Bill Suess said. A farmer, Steve Jenki..
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  • UPDATE 1-Goldman Sachs to settle U.S. rate-rigging lawsuit for $56.5 mln

    UPDATE 1-Goldman Sachs to settle U.S. rate-rigging lawsuit for $56.5 mln
    (Adds details on settlement, background on litigation) By Nate Raymond NEW YORK, Dec 16 (Reuters) - Goldman Sachs Group Inc has agreed to pay $56.5 million to resolve a U.S. class action lawsuit accusing it and other banks of rigging an interest rate benchmark used in the $553 trillion derivatives market. The proposed settlement was disclosed in papers filed in federal court in Manhattan on Friday. It came after seven other banks agreed in May to pay a combined $324 million to resolve the liti..
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  • Over 1K Take Arctic Dip in Alaska Polar Plunge

    Over 1K Take Arctic Dip in Alaska Polar Plunge
    VIDEO More than a thousand people in Alaska braved the water temperature of 32 degrees to jump into a lake. The polar plunge was a benefit for Special Olympics Alaska, and was set to raise over $300,000 for the organization. (Dec. 18)Subscribe for more Breaking News: http://smarturl.it/AssociatedPressGet updates and more Breaking News here: http://smarturl.it/APBreakingNewsThe Associated Press is the essential global news network, delivering fast, unbiased news from every corner of the world ..
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  • Post-Brexit UK could stay partial member of EU Customs Union, indicates Liam Fox

    Post-Brexit UK could stay partial member of EU Customs Union, indicates Liam Fox
    Last updated: 18 December 2016, 14:00 GMT The UK could remain a partial member of the EU Customs Union after Brexit, International Trade Secretary Liam Fox has signalled.Dr Fox insisted Brexit was not like a “boiled egg” and there were more options than going for either a hard or soft withdrawal from the EU.(Jeff Overs/BBC/PA)Remaining a full member of the Customs Union means the UK would have to keep the same international tariffs as the EU which would severely hamper Britain’s abil..
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  • Leading Romanian automobile industry official dies

    Leading Romanian automobile industry official dies
    An Australian man sprang into action when a kangaroo wrapped its hands around his dog's throat, running toward it and punching it in the face in what is considered by some to be one of the most Australian videos to hit the internet yet. >> Read more trending stories The short video, which has since gone viral, was posted to Facebook Saturday by a man who said he got it from his "buddy from Australia." "The buck has hold of the dog and not the other way around," an animated Aussie announces as t..
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  • This car promises to be fully electric and drive itself - will that be enough? - Standard

    This car promises to be fully electric and drive itself - will that be enough? - Standard
    (c) 2016, The Washington Post. California-based Lucid Motors officially unveiled its first high-end electric vehicle this week, a sleek, sunlit sedan called the Lucid Air that executives expect will roll off the assembly line starting late 2018. But as advancements in automotive innovation - autonomous driving, electric vehicle batteries and ride-sharing, among others - continue to progress at a rapid clip, it’s unclear exactly how different the car market will look when the Lucid Air finally ..
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  • US STOCKS-Tech drags Wall St lower; China tension weighs

    US STOCKS-Tech drags Wall St lower; China tension weighs
    * Dow posts sixth straight weekly gain * Oracle falls after revenue miss * Indexes down: Dow 0.04 pct, S&P 0.18 pct, Nasdaq 0.36 pct (Updates prices, changes comment, byline) By Rodrigo Campos NEW YORK, Dec 16 (Reuters) - U.S. stocks fell on Friday, weighed by a more than 4 percent drop in Oracle shares, while recently battered stocks in the real estate and utilities sectors posted the largest gains. Oracle dropped 4.3 percent to $39.10 after its adjusted revenue missed analysts' estimates. T..
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Fort Wayne handles Siena Heights 107-59 behind Scott's 16 .Free cab rides offered for 29th year in Fort Wayne .
Marvel vs. Capcom: Infinite Gameplay Kicks Out .Obscure iOS 10.1.1 flaw lets you bypass a stolen iPad's strongest security feature .

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