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Jihadists shoot 30 Sunnis dead: official

Written By kemala yuspita on Rabu, 29 Oktober 2014 | 21.31

MILITANTS from the Islamic State group lined up 30 Sunni men in a town west of Baghdad and shot them dead, an Iraqi official says.

THE slayings took place on a main street in the town of Hit on Wednesday.

Anbar provincial council chairman, Sabah Karhout, says the Sunnis killed were tribal fighters allied with the government and members of the security forces captured when the IS group overran the town, about 140km west of the Iraqi capital.Hit fell to the Islamic State group in early October after fierce clashes with government forces backed by the Sunni fighters from the Albu Nimir tribe.The IS militants have seized large swathes of land in western and northern Iraq in the country's worst crisis since the 2011 US troop withdrawal.

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'Number spoofing' scam hits UK consumers

BRITISH consumers are increasingly being targeted by a "number spoofing" scam in which criminal gangs fool telephones into displaying the numbers of legitimate organisations.

THE con works by fraudsters cloning the telephone number of a trusted organisation such as a bank and then making that number appear on the victim's caller ID display, according to Financial Fraud Action UK, the name under which the financial services industry co-ordinates its fraud prevention efforts.

They do this using technology, often employed by call centres, which can copy any number even if the one they are calling from is entirely different.The criminal will gain the victim's trust by drawing their attention to the number, claiming it is proof of their identity, before trying to defraud them.Banks have reported an increase in the scam, which is a new variation on telephone frauds where criminals cold-call people and pose as bank staff, police officers or other trusted organisations to persuade their victim to part with financial and personal details.Often, criminals pretend they are phoning to tell the victim that a fraud has been detected on their bank account.Once they have their victim's confidence, they will try to elicit information such as the victim's PIN details, online passwords or other sensitive information which will then be used to steal from their bank account.Some criminals will also trick victims into sending money to other accounts or to hand over cash or cards to a courier for "safe-keeping", whereas in reality the courier is delivering the card straight to the fraudster.The anti-fraud body's intelligence unit, the Financial Fraud Bureau, has seen evidence that the scam has become increasingly common in recent weeks, with organised criminal gangs making use of it.It warns people never to assume that someone is who they say they are just because their number matches that of an organisation.If someone tries to draw a consumer's attention to the number on their caller ID display, the consumer should immediately treat this as a warning sign of a scam.A bank or the police would never call someone and ask for their four-digit PIN, full online banking passwords or ask them to transfer or withdraw money or to hand their card over to a courier.

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Fiat Chrysler returns to Q3 profit

FIAT Chrysler Automobiles returned to a profit in the third quarter thanks to a good performance by its luxury brands and gains in North America and Asia.

FIAT Chrysler Automobiles on Wednesday reported a net profit of 174 million euros ($A261 million) for the three months ending September 30. That compares with a loss of 15 million euros in the same period last year.

The carmaker completed a five-year merger process between Fiat, based in Turin, and Chrysler, based in Detroit, with a listing on the New York Stock Exchange earlier this month.Revenues rose 14 per cent to 23.5 billion euros. Luxury brand sales increased 35 per cent, North America saw a 20 per cent gain and Asia was up 30 per cent. Latin American revenues dropped 12 per cent in a weak market.

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Fiat Chrysler to spin off Ferrari

FIAT Chrysler Automobiles has announced plans to spin off sports car maker Ferrari into a separate company.

THE company said in a statement on Wednesday that spinning off Ferrari was part of a plan to raise capital to support the new merged carmakers' future growth.

Fiat Chrysler CEO Sergio Marchionne said it was "proper that we pursue separate paths for FCA and Ferrari" following the completion of the merger of Chrysler and Fiat with a listing on the New York Stock Exchange earlier this month.

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Mining port capacity getting tight

AUSTRALIA'S mining exports are growing to record levels but the capacity of ports to ship them appears to be running out.

A DELOITTE report said the surge in export volumes is putting a strain on the current port and railway facilities.

"The looming increase still begs the question of whether Australia's stock of export infrastructure will be sufficient to support very large increases in mineral and energy exports," the report said.Deloitte said that additional coal and iron ore projects already underway are expected to add 140 million tonnes per annum (Mtpa) in production capacity but that won't be matched by the capacity of ports to ship higher volumes.Coal and iron ore port capacity is expected to only increase by 110 Mtpa."That suggests that a number of projects in the planning phase will need to go ahead to prevent bottlenecks occurring," Deloitte said.Deloitte also said the continue growth of Australia's mining export boom will depend on Chinese demand for coal and iron ore."Australian iron ore exports to China have grown sharply over the last decade," the report said."In value terms, total exports of iron ore and concentrates to China over 2013/14 was around $57 billion, equivalent to over 76 per cent of total Australian iron ore exports and 20 per cent of total merchandise exports for the year."

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Goodyear's 3Q profit falls

GOODYEAR Tyre's third-quarter net income fell 3 per cent as tyre sales fell around the world, but its adjusted earnings easily beat Wall Street expectations.

SHARES of the tyre maker rose 10 per cent in premarket trading on Wednesday.

Goodyear reported net income of $US161 million ($A174.2 million), or 58 cents per share, in the quarter ending September 30, compared with $US166 million, or 62 cents per share, in the same quarter a year ago.Adjusted to remove certain one-time items, the company earned 87 cents per share. Analysts expected 70 cents, according to FactSet.Revenue fell 6.9 per cent to $US4.7 billion from $US5 billion, and missed Wall Street forecasts. Analysts expected revenue of $US4.9 billion.The company said sales were hurt by unfavorable foreign currency exchanges.Sales in North America fell 6 per cent to $US2.06 billion. They fell 8 per cent to $US1.62 billion from $US1.75 billion in Europe, Middle East and Africa and fell 14 per cent to $US451 million in Latin America.Shares of The Goodyear Tyre & Rubber Co., based in Akron, Ohio, rose to $US24.12 in premarket trading.

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Voting begins in Bosnian elections

Written By kemala yuspita on Minggu, 12 Oktober 2014 | 21.31

VOTING has begun in Bosnian elections that may - or may not - unblock the country's stalled European membership bid.

SOME 3.3 million voters are eligible to cast ballots for the Bosnian parliament and the three-member presidency, as well as for representatives at other levels of the complex administration.

EU chief diplomat Catherine Ashton has urged Bosnians to vote for authorities so they can begin tackling urgent issues including reforms to replace the dysfunctional administrative system based on ethnic partition between the Muslim Bosniaks, Serbs and Croats.Ethnic squabbling has blocked the country internationally and has left its economy in ruins."The voters ... have an opportunity to decide who they will entrust with the task to deliver a positive change in the country's economy, social and justice system," Ashton said.However, in spite of mounting problems, no major shift is expected from Sunday's elections.

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G20 volunteers praised by PM

Prime Minister Tony Abbott has told a group of G20 volunteers they will be the "face of Australia". Source: AAP

BRISBANE was last depicted in the international media through images of volunteers cleaning mud and silt off the city's filthy post-flood streets.

BUT in a month's time, when the world's most powerful political leaders travel to Brisbane for the G20 summit, Queensland Premier Campbell Newman hopes a very different Brisbane will be shown.

"It's really important that we put on a fantastic show," he told a gathering of G20 volunteers in Brisbane on Sunday."That we take every opportunity to describe our lifestyle, our culture, the scenery. A myriad of possibilities exist for great stories about Queensland and Brisbane."The event, on November 15 and 16, will see an enormous security operation send parts of Brisbane into lockdown.It will also take place with the help of 600 volunteers who will help promote Queensland.While special state government legislation granting police extended powers for the duration of the summit has attracted criticism from civil libertarians, Mr Newman hopes to sell the state as a business-friendly destination."If you think about it, there has never ever been an event where the spotlight has been so intense on the city of Brisbane and the state of Queensland."Prime Minister Tony Abbott also addressed the crowd of volunteers, saying the G20 was the largest gathering of international leaders the country has ever hosted."At the heart of Australia is the notion of the volunteer. We are a people who roll up our sleeves and get things done," Mr Abbott said."You are the face of Australia. I look at you and I think `what a happy face',""The group I see before me is very representative of the strength and the diversity of our country. Very representative I'm sure of the optimism, the confidence and the faith in the future of our country."

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Shark blamed for WA canoe attack

Two men in an inflatable boat have survived a shark attack off the southwest coast of WA. Source: AAP

A WESTERN Australian beach where two men in an inflatable canoe claimed to have been attacked by a shark remains closed.

THE pair were near Castle Rock, Dunsborough, in the state's southwest when a shark punctured their boat just after 5pm on Saturday, the ABC reported on its website.

But the Department of Fisheries said after inspecting the pictures of the puncture marks on the deflated canoe, it could not determine what caused the damage.Swimmers are being advised to take additional caution as Fisheries and Surf Life Saving conduct a sweep of the area.A 23-year-old man lost a hand and part of his other arm in a shark attack in southern WA a week ago.

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Protests out of control, says HK leader

PRO-DEMOCRACY protests in central Hong Kong are "out of control" and likely to end soon, city Chief Executive Leung Chun-ying has said in an interview.

LEUNG told local television station TVB that the protests had become a "mass movement that has spun out of control," other Hong Kong media reported.

Hundreds of people continued the two-week protests on Sunday after many camped out overnight outside government offices and at least two other sites.The demonstrators are calling for open elections for the city's next chief executive in 2017, rejecting a ruling from Beijing that candidates must be approved by a government-backed election committee. They have also demanded Leung's resignation.In the interview, Leung said the protesters had "zero chance" of getting China's ruling Communist Party to change its plans for the 2017 election.Hong Kong police would continue efforts to persuade protesters to leave the streets but avoid the use of force if possible, Leung said, insisting that he would not resign.Radio station RTHK quoted student leader Lester Shum as saying an open letter to President Xi Jinping was intended to show that the protests were a "peaceful, democratic movement" rather than a revolutionary one.The protests could escalate again if the city government refuses to engage in talks on political reform, but organisers were currently encouraging people to limit their action to an extended sit-in outside municipal offices, Shum said.The letter published Saturday calls for the building of a "democratic system that affirms equal rights," and for "Hong Kong problems be settled in Hong Kong" without interference from Beijing."The Occupy movement today at Hong Kong is definitely not a colour revolution or its like, but rather a movement for democracy," it said.Chief Secretary Carrie Lam postponed the talks when protest leaders called for a rally to increase pressure during the meeting.On Saturday, RTHK quoted city executive councillor Regina Ip as saying talks could still take place this week."I've also heard from the chief secretary [Lam] that efforts are still underway, through intermediaries, to resume the talks, to reactivate the talks, so all is not lost," she was quoted as saying.

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