The Traderszone Network

Jeff Bezos is ramping up Amazon.com Inc. (AMZN)’s entertainment ambitions, buying video-game service Twitch Interactive Inc. in one of its biggest-ever acquisitions. Amazon said it’s paying $970 million in cash for the online gathering place for gamers. The deal, which trumped Google Inc.’s pursuit of the startup, is worth about $1.1 billion when including retention-related payouts, said a person familiar with the deal, who asked not to be identified because the talks are private.

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The World Health Organization (WHO) stepped up its war on “Big Tobacco” on Tuesday, calling for stiff regulation of electronic cigarettes as well as bans on indoor use, advertising and sales to minors. The treaty recommends price and tax measures to curb demand as well as bans on tobacco advertising and illicit trade in tobacco products. In the report, the WHO said there are 466 brands of e-cigarettes and the industry represents “an evolving frontier filled with promise and threat for tobacco control”.

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BEIJING (AP) — Global stocks were mostly lower Tuesday as investors digested signals from the Jackson Hole meeting of central bankers and looked ahead to data expected to show an improving U.S. economy.

Burger King Worldwide Inc agreed to buy Canadian coffee and doughnut chain Tim Hortons Inc in cash and stock to create the third-largest quick service restaurant group with sales of about $23 billion. …

Citing a sharp rise in demand over the past year, the micro-blogging site plans to offer advertising to Ukrainian businesses.
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When one passenger was denied that bit of personal space Sunday, it led to a heated argument and the unscheduled landing of their plane.

Stock futures point to a slightly firmer start for Wall Street ahead of a batch of economic data and as analysts ponder whether the S&P 500 will pusher harder on its breach into 2,000 territory.
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