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Pentagon misused $150 million dollars to try to revive Afghanistan’s economy

The Special Inspector General for Afghanistan Reconstruction set out by the Congress alleged the Task Force Business Stability Operations for misusing $150 million to revive Afghanistan’s economy.

Dec 06, 2015 03:54 AM EST


Oregon nut butter recalled amid Salmonella outbreak

JEM Raw is recalling all flavour of its sprouted nut butter spreads as the CDC and U.S. health authorities investigate Salmonella-related illnesses that may be linked to the product. The are 11 people in 9 states infected by the Salmonella in age between 1 and 79.

Dec 04, 2015 04:11 AM EST


General Electric agreed to pay $2.25M penalty for air pollution

General Electric Co. will pay a $2.25 million in civil penalty for releasing unsafe levels of air pollution former silicone plant in Waterford.

Dec 03, 2015 09:57 PM EST


Fiat Chrysler Delays Launch of Alfa Romeo, Maserati models due to Chinese economic slowdown

Fiat Chrysler Automobiles will delay the introduction of its Maserati Alfieri sports car and Giulia-based Alfa Romeo SUV as its sales are affected by the slow economic growth of China.

Dec 03, 2015 09:52 PM EST


Australian authorities says new analysis shows they're searching for the Malaysian airliner Flight 370 in the right place

Australian authorities said that new analysis confirms they are searching in the right place for the Malaysia Airlines Flight 370, which disappeared on March 8, 2014 carrying 239 people.

Dec 03, 2015 09:49 PM EST


Chinese regulator defends its intervention in securities market

China Securities Regulatory Commission (CSRC) has defended its interventions in the market as it prevented further volatility after the August crash. The intervention was justified as foresight on the part of Chineses officials to prevent a possible market crash.

Dec 04, 2015 04:04 AM EST


Opec members lock horns over who should cut down production

The latest meeting of OPEC in Vienna concluded without any decision on the production level. Saudi Arabia is believed to have proposed production cuts if non-OPEC nations join them. OPEC members are also discussing on who should cut the production. There's no conclusion after the one hour-long meeting.

Dec 04, 2015 02:45 AM EST


Haze from Indonesia Causing Money Problems for Billionaires and Health Problems for Everyone

The fires from the palm oil industry in Indonesia are polluting the air and causing major health problems for the locals, while businesses in the industry are being accused for the major fires.

Dec 04, 2015 06:08 AM EST


Volvo unveils the 2017 S90 premium hybrid sedan with semi-autopilot feature

Volvo has introduced the 2017 S9 premium sedan at its headquarters in Gothenburg, Sweden. The new sedan is the sedan version of Volvo XC90 with a similar engine, design, infotainment, and platform proportion. The S90 will go on the public at the Detroit Auto Show next month.

Dec 04, 2015 02:28 AM EST


Amazon tops the 10 tech stocks in billionaires' trading

Technology stocks have been at the center of attention for billionaire traders on the Wall Street this year so far. Amazon leads the top-traded technology stocks among high net worth traders on the buy list. After recording encouraging gains in 2015, the FANG (Facebook, Amazon, Netflix and Google) stocks may witness reverse trend in 2016, forecast market analysts.

Dec 04, 2015 02:31 AM EST


Chinese President Xi Jingping signs $6.5B worth deals with South Africa

A news about signing deals came into hearing during the four-day trip of Chinese President Xi Jingping to South Africa. He signed $6.5 billion worth deals with South Africa, helping to boost their infrastructural facilities. In return, China will have greater access to Africa's valuable commodities including oil.

Dec 05, 2015 07:24 AM EST


Some Hoverboard Explosions Raise Safety Concern

The hottest toy in 2015 is a hoverboard. However, recent incidents of explosion arise safety concern.

Dec 04, 2015 09:38 AM EST


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