Australia shares rally on Bank of England easing, NZ little changed

SYDNEY/WELLINGTON, Aug 5 (Reuters) – Australian shares rose
on Friday, driven by commodity prices and as an aggressive
easing package announced overnight by the Bank of England stokes
global risk appetite.

SYDNEY/WELLINGTON, Aug 5 (Reuters) - Australian shares rose on Friday, driven by commodity prices and as an aggressive easing package announced overnight by the Bank of England stokes global risk appetite.

Handicapping Rio’s Highest Honor: Lighter of the Olympic Caldron

Fire is a rarer element than even gold at the Olympic Games. Usually, just one athlete is selected to close the opening ceremony.

Fire is a rarer element than even gold at the Olympic Games. Usually, just one athlete is selected to close the opening ceremony.

New York tops London as most expensive city

Move over London. New York has ended the British capital’s 2½-year reign as the world’s most expensive city in which to accommodate employees.

That’s according to the real estate firm Savills, which attributes London’s fall to the plunge in the pound following the U.K. vote in June to leave the European Union.

The price tag for employers to accommodate staff in New York is now “well ahead of Hong Kong and London and almost twice the price of nearest U.S. rival San Francisco,” Savills says.

It arrived at its ranking by examining residential and office rental costs in cities around the world. Here’s the top 10.

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Move over London. New York has ended the British capital's 2½-year reign as the world's most expensive city in which to accommodate employees.

That's according to the real estate firm Savills, which attributes London's fall to the plunge in the pound following the U.K. vote in June to leave the European Union.

The price tag for employers to accommodate staff in New York is now "well ahead of Hong Kong and London and almost twice the price of nearest U.S. rival San Francisco," Savills says.

It arrived at its ranking by examining residential and office rental costs in cities around the world. Here's the top 10.



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5 things you need to know Friday

USA! USA! USA!

The 2016 Summer Olympics officially begin Friday with the opening ceremony. First things first: This is how to watch. NBC will broadcast the show from Rio at 7:30 p.m. ET on a one-hour delay (a fail, if you ask us). Look for Team USA’s entrance with Michael Phelps carrying the flag and the entire team sporting preppy Ralph Lauren ensembles fit for the tropics. Unlike London’s extravagant spectacle of dancing and theatrics, the Rio show’s budget is significantly less, but organizers promise an “original” Olympic opening ceremony. Get nostalgic with 10 memorable moments from past opening ceremonies.

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Government discloses highly anticipated jobs report

The Labor Department releases its closely watched jobs report Friday, and economists estimate businesses added 180,000 jobs in July. Monthly job growth has averaged 171,000 this year, compared with 229,000 in 2015.  Employers added a  staggering 287,000 jobs in June, but that followed 11,000 gains in May, which was the weakest showing in 6 ½ years.  The 4.9% unemployment rate makes it tough for employers to find workers, thus slowing job growth. Only about 100,000 job gains are needed each month to lower unemployment.

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Payroll processor ADP said earlier this week that businesses added 179,000 jobs in July. It could be a sign of good news to come with the government’s jobs report Friday.

Wisconsin gets crowded with White House hopefuls

The “grate” state of Wisconsin (grate because of the cheese) is going to be chock-full with presidential and vice-presidential candidates on Friday. First up is Democratic running mate Tim Kaine, who is to speak at Milwaukee’s Lakefront Brewery at 2 p.m. ET. According to the Clinton campaign website, “Kaine will discuss Hillary Clinton’s plans to build an economy that works for everyone, not just those at the top.” Later in the day, it’s a GOP double whammy as Republican presidential candidate Donald Trump and his vice-presidential pick, Mike Pence are due to appear at a 8 p.m. ET rally at the KI Convention Center in Green Bay. No word on what they’ll be talking about, but the betting is that it’ll be much less scripted than the Kaine event.

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Chicago releases video of fatal shooting of unarmed black teen

Chicago officials will release videos on Friday of a police-involved shooting that left Paul O’Neal, an unarmed 18-year-old suspect, dead. O’Neal allegedly sideswiped a police vehicle and another car while driving a stolen Jaguar before fleeing from the scene. Two police officers shot at O’Neal while he was still in his car. A third police officer killed him as he ran away, but the body camera of the officer who fired the fatal shots was not working at the time. The Justice Department launched a civil rights investigation into the police department last year after dashcam video showed a white officer fatally shooting black teen Laquan McDonald16 times on the street.

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The shooting of 18-year-old Paul O’Neal is still under investigation.
Wochit

Olympics are for more than dazzling feats of athleticism

As the world turns its attention to Rio Friday night, with more than 217 million Americans expected to tune in, they will be watching for more than dazzling feats of athleticism. The technology and fashion  industries are preparing to capitalize their moment in the spotlight and showcase the latest styles and technical innovations. Visa is equipping select athletes with its new payment rings and Samsung is delivering a special Olympic edition of its Galaxy phone to thousands of Olympians. For designers who outfit the athletes, the Olympics are a time to showcase the latest designs and drive shopper traffic.

Bonus: Bad guys rejoice: ‘Suicide Squad’ hits theaters

The worst of the worst” are going to try to do some good Friday. With the premier of Suicide Squad, the bad guys are coming to the big screen, featuring one of the most diverse superhero movie casts in recent years. Critics have been harsh on the film leading up to its release, but USA Today’s Brian Truittpraised the film, calling it “excellently quirky.”

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An unlikely team of supervillains must save the day.

And the essentials:

Weather: A warm, stormy day is on tap for much of the southern tier of the U.S.

Stocks: U.S. stock futures were higher Friday as investors looked ahead to a U.S. jobs report that is expected to show faster growth in July.

TV Tonight: Wondering what to watch this weekend? TV critic Robert Bianco looks at the Olympics opening ceremony, the Olympic games and Masterpiece Mystery: Inspector Lewis.

Be inspired: Newspaper fosters, finds new homes for these adorable pups.

If you missed Thursday’s news, we’ve got you covered.

Need a break? Try playing some of our games.

You can subscribe to get the day’s top news each weekday in your inbox.

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USA! USA! USA!

The 2016 Summer Olympics officially begin Friday with the opening ceremony. First things first: This is how to watch. NBC will broadcast the show from Rio at 7:30 p.m. ET on a one-hour delay (a fail, if you ask us). Look for Team USA's entrance with Michael Phelps carrying the flag and the entire team sporting preppy Ralph Lauren ensembles fit for the tropics. Unlike London's extravagant spectacle of dancing and theatrics, the Rio show's budget is significantly less, but organizers promise an "original" Olympic opening ceremony. Get nostalgic with 10 memorable moments from past opening ceremonies.

Government discloses highly anticipated jobs report

The Labor Department releases its closely watched jobs report Friday, and economists estimate businesses added 180,000 jobs in July. Monthly job growth has averaged 171,000 this year, compared with 229,000 in 2015.  Employers added a  staggering 287,000 jobs in June, but that followed 11,000 gains in May, which was the weakest showing in 6 ½ years.  The 4.9% unemployment rate makes it tough for employers to find workers, thus slowing job growth. Only about 100,000 job gains are needed each month to lower unemployment.

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Embed

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Payroll processor ADP said earlier this week that businesses added 179,000 jobs in July. It could be a sign of good news to come with the government's jobs report Friday.

Wisconsin gets crowded with White House hopefuls

The "grate" state of Wisconsin (grate because of the cheese) is going to be chock-full with presidential and vice-presidential candidates on Friday. First up is Democratic running mate Tim Kaine, who is to speak at Milwaukee's Lakefront Brewery at 2 p.m. ET. According to the Clinton campaign website, "Kaine will discuss Hillary Clinton's plans to build an economy that works for everyone, not just those at the top.” Later in the day, it’s a GOP double whammy as Republican presidential candidate Donald Trump and his vice-presidential pick, Mike Pence are due to appear at a 8 p.m. ET rally at the KI Convention Center in Green Bay. No word on what they’ll be talking about, but the betting is that it’ll be much less scripted than the Kaine event.

Chicago releases video of fatal shooting of unarmed black teen

Chicago officials will release videos on Friday of a police-involved shooting that left Paul O’Neal, an unarmed 18-year-old suspect, dead. O’Neal allegedly sideswiped a police vehicle and another car while driving a stolen Jaguar before fleeing from the scene. Two police officers shot at O’Neal while he was still in his car. A third police officer killed him as he ran away, but the body camera of the officer who fired the fatal shots was not working at the time. The Justice Department launched a civil rights investigation into the police department last year after dashcam video showed a white officer fatally shooting black teen Laquan McDonald16 times on the street.

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Embed

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The shooting of 18-year-old Paul O'Neal is still under investigation. Wochit

Olympics are for more than dazzling feats of athleticism

As the world turns its attention to Rio Friday night, with more than 217 million Americans expected to tune in, they will be watching for more than dazzling feats of athleticism. The technology and fashion  industries are preparing to capitalize their moment in the spotlight and showcase the latest styles and technical innovations. Visa is equipping select athletes with its new payment rings and Samsung is delivering a special Olympic edition of its Galaxy phone to thousands of Olympians. For designers who outfit the athletes, the Olympics are a time to showcase the latest designs and drive shopper traffic.

Bonus: Bad guys rejoice: ‘Suicide Squad’ hits theaters

The worst of the worst” are going to try to do some good Friday. With the premier of Suicide Squad, the bad guys are coming to the big screen, featuring one of the most diverse superhero movie casts in recent years. Critics have been harsh on the film leading up to its release, but USA Today’s Brian Truittpraised the film, calling it “excellently quirky.”

x

Embed

x

An unlikely team of supervillains must save the day.

And the essentials:

Weather: A warm, stormy day is on tap for much of the southern tier of the U.S.

Stocks: U.S. stock futures were higher Friday as investors looked ahead to a U.S. jobs report that is expected to show faster growth in July.

TV Tonight: Wondering what to watch this weekend? TV critic Robert Bianco looks at the Olympics opening ceremony, the Olympic games and Masterpiece Mystery: Inspector Lewis.

Be inspired: Newspaper fosters, finds new homes for these adorable pups.

If you missed Thursday's news, we’ve got you covered.

Need a break? Try playing some of our games.

You can subscribe to get the day's top news each weekday in your inbox.



Powered By WizardRSS.com | Full Text RSS Feed

Target All, Not Select Terror Groups: US’ Stern Message To Pakistan

Washington:  In a strong message, the US has asked Pakistan to act against every single terror group in the country, especially those targeting its neighbours and not just the ones that pose a threat to it.

“We have been very clear with the highest levels of the Government of Pakistan that they must target all terror groups and that includes those that target Pakistan’s neighbours. They must also close all safe havens,” Deputy Spokesman of the State Department Mark Toner said yesterday.

“They (Pakistan) have made some progress. They’re going after groups, but selectively. We need to see them go after all groups and as I just said, even those groups that might not threaten Pakistan itself but threaten its neighbours,” he said.
Responding to questions about Pentagon’s decision to withheld $300 million military aid to Pakistan, Mr Toner said, “We’ve urged the Government of Pakistan to address this and to pursue closer counter-terrorism cooperation with Afghanistan against all groups that pose a long-term security threat to the region, not just to Pakistan,” Mr Toner said.

“We believe that Pakistan has taken and is taking steps to counter terrorist violence and certainly focusing on those groups that threaten Pakistani or Pakistan’s stability,” he said.

“They have, the military has, shut down some of these safe havens. They’ve restored government control to parts of Pakistan that were used as terrorist safe havens for many years,” he said.
 

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Washington:  In a strong message, the US has asked Pakistan to act against every single terror group in the country, especially those targeting its neighbours and not just the ones that pose a threat to it.

"We have been very clear with the highest levels of the Government of Pakistan that they must target all terror groups and that includes those that target Pakistan's neighbours. They must also close all safe havens," Deputy Spokesman of the State Department Mark Toner said yesterday.

"They (Pakistan) have made some progress. They're going after groups, but selectively. We need to see them go after all groups and as I just said, even those groups that might not threaten Pakistan itself but threaten its neighbours," he said.
Responding to questions about Pentagon's decision to withheld $300 million military aid to Pakistan, Mr Toner said, "We've urged the Government of Pakistan to address this and to pursue closer counter-terrorism cooperation with Afghanistan against all groups that pose a long-term security threat to the region, not just to Pakistan," Mr Toner said.

"We believe that Pakistan has taken and is taking steps to counter terrorist violence and certainly focusing on those groups that threaten Pakistani or Pakistan's stability," he said.

"They have, the military has, shut down some of these safe havens. They've restored government control to parts of Pakistan that were used as terrorist safe havens for many years," he said.
 



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Target All, Not Select Terror Groups: US’ Stern Message To Pakistan

In a strong message, the US has asked Pakistan to act against every single terror group in the country, especially those targeting its neighbours and not just the ones that pose a threat to it.

In a strong message, the US has asked Pakistan to act against every single terror group in the country, especially those targeting its neighbours and not just the ones that pose a threat to it.

Sports Briefing: Cowboys Search Far and Wide for Backup Quarterback

Dallas pursued the free agent Nick Foles after Kellen Moore was injured this week, but Foles agreed to a deal with the Kansas City Chiefs on Thursday.

Dallas pursued the free agent Nick Foles after Kellen Moore was injured this week, but Foles agreed to a deal with the Kansas City Chiefs on Thursday.

Mets 4, Yankees 1: Mets Earn Split of Four-Game Series as Jay Bruce Ends Slump

Bruce drove in three runs with his first Mets homer, and Colon picked up his 10th win as the team completed a split of a four-game home-and-home series against the Yankees.

Bruce drove in three runs with his first Mets homer, and Colon picked up his 10th win as the team completed a split of a four-game home-and-home series against the Yankees.

Barack Obama Expresses Concern About Russia’s Actions In Syria

Washington:  US President Barack Obama expressed concern on Thursday about Russia’s military action in support of the Syrian regime, and urged Moscow to cooperate with Washington to find a way out of the crisis.

“The US remains prepared to work with Russia to try to reduce the violence and strengthen our efforts against ISIL, Al-Qaeda and Syria,” Obama told reporters at the Pentagon, using an alternate acronym for the ISIS.

“But Russia has failed to take the necessary steps. Given the deteriorating situation, it is time for Russia to show it is serious about pursuing these objectives,” Obama said, following a meeting with his National Security Council.


Russia and the United States back opposing sides in Syria’s five-year war, which has left 280,000 people dead and forced half the population to flee their homes.

Multiple rounds of international negotiations to end the war, which erupted in 2011 after the Assad regime unleashed a brutal crackdown against a pro-democracy revolt, have so far failed.

Russia, an ally of Damascus, and the United States, which supports moderate rebels fighting to unseat President Bashar al-Assad, are nominally co-chairs of the international effort to bring the Syrian regime and armed opposition groups to the negotiating table as a step toward ending the war.

“I’m not confident that we can trust the Russians and (President) Vladimir Putin, which is why we have to test whether or not we can get an actual cessation of hostilities that includes an end to the kinds of aerial bombing and civilian death and destruction that we have seen carried out by the Assad regime,” Obama said.

“We go into this without any blinders on.”

Following heavy Russian air strikes on the outskirts of divided Aleppo city, US Secretary of State John Kerry on Monday urged Russia to “restrain” itself and its ally in Damascus from “offensive operations.”

(This story has not been edited by NDTV staff and is auto-generated from a syndicated feed.)

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Washington:  US President Barack Obama expressed concern on Thursday about Russia's military action in support of the Syrian regime, and urged Moscow to cooperate with Washington to find a way out of the crisis.

"The US remains prepared to work with Russia to try to reduce the violence and strengthen our efforts against ISIL, Al-Qaeda and Syria," Obama told reporters at the Pentagon, using an alternate acronym for the ISIS.

"But Russia has failed to take the necessary steps. Given the deteriorating situation, it is time for Russia to show it is serious about pursuing these objectives," Obama said, following a meeting with his National Security Council.


Russia and the United States back opposing sides in Syria's five-year war, which has left 280,000 people dead and forced half the population to flee their homes.

Multiple rounds of international negotiations to end the war, which erupted in 2011 after the Assad regime unleashed a brutal crackdown against a pro-democracy revolt, have so far failed.

Russia, an ally of Damascus, and the United States, which supports moderate rebels fighting to unseat President Bashar al-Assad, are nominally co-chairs of the international effort to bring the Syrian regime and armed opposition groups to the negotiating table as a step toward ending the war.

"I'm not confident that we can trust the Russians and (President) Vladimir Putin, which is why we have to test whether or not we can get an actual cessation of hostilities that includes an end to the kinds of aerial bombing and civilian death and destruction that we have seen carried out by the Assad regime," Obama said.

"We go into this without any blinders on."

Following heavy Russian air strikes on the outskirts of divided Aleppo city, US Secretary of State John Kerry on Monday urged Russia to "restrain" itself and its ally in Damascus from "offensive operations."


(This story has not been edited by NDTV staff and is auto-generated from a syndicated feed.)



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