Out the attack against shias. The latest in a series of terror strikes in iraq. On november 14, two car bombs hit fallujah killing seven. Three days later, another car bomb struck a wedding near the city killing 16 people. The i attacks have come ass eiri forces are gainitrying to draw attention away from mosul where Iraqi Government forces are continuing operations to retake the northern city. So far they have managed to regain a section of the citys eastern region. The director of humanitarian affairs say that 16 Million People have fled the area in the last six months. New yorks 90th macys thanksgiving day parade went off without a hitch amid tight security on thursday. Thousands lined the parade route to catch the best view of their favorite floats. Including a giant pikachu from pokemon. The highly visible security presence was put in place after a threat was issued by the Islamic State groups only magazine. It called the parade an excellent target. More than 3,000 Police Officers
The rocket bears a korean word, the name of the alleged satellite. Observers say north koreas leaders likely had two motives for showing the video. They wanted to hail the launch as a historic success, and they wanted to dissuade the u. N. Security council from adopting new sanctions. South korean leaders are imposing sanctions on the north because of the rocket launch and an earlier nuclear test. They said they would halt a business complex the koreans run together. Now south korean businesses are pulling out. The keson complex lies in the north. People who run south korean firms there have been trucking out their equipment. The complex opened 12 years ago as a symbol of cooperation. This is the first time the south has halted operations. The Industrial Complex has enabled north korea to earn foreign currency. Still officials in pyongyang say theyll shut it down altogether. The North Koreans say theyll put the zone under military control. They called the souths shutdown of operations
And the biotech nightmare that lost more than half of its value and what sent the stock cratering. But first renewed fears over china, the shanghai falling more than 2. 5 . Industrial production, a revamp of the ipo system weighing on investor sentiment. This was chosen as the top business story of the year. 2015. So for 2016, could china but the big wild card for the markets. Tim, what do you say . I dont think so. I think we obsessed over it in 2015. China has a major credit problem and they are the biggest part of the problem. I think the things today were the drivers, the currency is at fresh lows. And the yuan, you could read it 234 terms of Deflationary Forces and read it in terms of the economy outright or a competitive deval around the world but i think we priced that in. Well get china pmi on friday night. The numbers that were out were nah. And what china is going through, people Pay Attention to. When liquidity is terrible, it makes sense people are concerned. Bigger issue i
Look at what could be next. Mark welcome to countdown. I mark barton. Caroline im caroline hyde. We bring you the interview with the queen of soul, mary j. Blige. Mark telia First Quarter net income 3. 7 one billion swedish kroner in their estimating 3. 3 billion. The company says profitability slowed in the quarter, but it expects its performance to improve over the year. Back in january, they said profit will not grow. It has kept that forecast. Profitability this year will not grow. That is excluding onetime riders. Firstquarter net sales, 26 billion swedish kroner. Analysts were estimating 25. 4 billion. This is a Company Whose business is predominantly focused in sweden finland, with the when you come up let field lithuania latvia and estonia. Also with russian satellites in cause extent kazakhstan and other places. It is planning to merge its data shop with eleanor. The eu has probed into the deal over concerns it could raise prices and thwart innovation. We will speak to the chi
Sure, maria. Well, tell us, what happened first yesterday at final mediation talks . Was a deal ever close . You know, the judge has a gag order. Hell have my head if i talk about what went on during the mediation, but i think that he wanted to make sure that he did everything in his power to try to find a deal, if there was one to be found. You know, i appreciate the fact that he went through that effort. I was hopeful, but i think realistically that was going to be a tough thing to pull off. How much of an implication it was the fact the union leader did not show up to those mediation talks . Well, the leader of the bakers union sent his second in command to the meeting. I think that part of what we needed to sort of focus on is the hole thats been created by the strike and the financial damage from that strike and our inability to produce at some of our critical plants. Really just created a brand new hole that was too large to fill. Bankrupt companies dont have a lot of margin for