GLOBAL MARKETS-Stocks up, oil slides as concerns ease over Russia-Turkey tension "Equity markets are moving higher as the dust settles from the political fallout between Russia and Turkey," said David Madden, market analyst at IG in London. Nevertheless, Russia said on Wednesday it will send an advanced air defence system to reinforce its air base in Syria and consider cancelling a raft of joint business projects with Ankara after one of its...
| By: Jamie McGeever
French PM says Europe can't take in more refugees - Sueddeutsche Zeitung Europe is grappling with its worst refugee crisis since World War Two. "We cannot accommodate any more refugees in Europe, that's not possible," Valls told the Sueddeutsche Zeitung, adding that tighter control of Europe's external borders would determine the fate of the European Union. The refugee debate has become more politically charged after the deadly...
OPEC to stay the course despite fears of $20 oil *Gulf delegates say OPEC won't cut supply without non- OPEC. *OPEC hawks Iran, Algeria, Venezuela push for supply cuts. "Unless non- OPEC say they are willing to help, I think there will be no change," said a delegate from a major OPEC producer.
| By: Alex Lawler and Rania El Gamal
Black Friday madness missing in rural Alaska communities In rural Alaska, residents are far removed from all the frenzy that goes with the nation's most intense shopping day of the year. Instead, consumers in places off the state's limited road system like Bethel, Kotzebue and Barrow can find a few moderate price breaks on electronics and other stuff for several days after Thanksgiving at local grocery stores that...
Source: The Associated Press
| By: By RACHEL D'ORO, Associated Press
Flu jabs to food: Uber hints at expanding delivery Uber will continue to grow beyond just offering a taxi service to a point where it can deliver food in one minute as it increasingly sees itself a "logistics platform", its head of global operations told CNBC.
| By: Arjun Kharpal
GLOBAL MARKETS-Asia stocks stumble on geopolitical tensions, oil stands tall *Asia stocks mostly weaker in wake of Turkey- Russia incident. TOKYO, Nov 25- Asian stocks were on edge on Wednesday as geopolitical tensions flared after Turkey downed a Russian fighter jet, while crude oil prices extended gains. MSCI's index of Asia-Pacific stocks outside of Japan edged up 0.1 percent but shares in Hong Kong, Australia and South Korea slipped.
| By: Shinichi Saoshiro
UPDATE 2-Ex-Goldman employee accused by U.S. regulator of insider trading Those trades occurred from July to October, the SEC said, most recently enabling Han to earn $397,000 trading ahead of news last month that Goldman client Lam Research Corp had agreed to buy KLA-Tencor Corp in a $10.6 billion deal. A day after that deal was announced and Han had liquidated KLA-Tencor call options he had bought beforehand, the Goldman employee...
| By: Nate Raymond