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July 16, 2015 MONEY (MSM)

Beijing's battle with bears moves into futures

China’s index futures traders are still betting jittery markets will fall further even as Beijing tries to prop them up, making the futures markets a key battleground in Beijing’s campaign to restore market confidence. Index futures, established in China in 2010, give investors a way to hedge risk, and also provide short-sellers another way to make money in a falling market. Traders note that China’s major future contracts, in particular

July 16, 2015 REAL ESTATE

Jeff Bridges' Old World Montecito Estate Listed at $29.5M

Filed under: Celebrity Homes, Selling Jim Bartsch via ZillowActor Jeff Bridges and his wife bought the 19-acre estate from musician Kenny Loggins in 1994. By Melissa Allison Sometimes, there’s a house. Well, it’s the house for its time and place. It fits right in there. And that’s this house, in the California coastal retreat of Montecito. Actor Jeff Bridges — beloved as The Dude in “The Big Lebowski” and an

July 16, 2015 ENERGY (MSM)

Yemen oil refinery in flames after rebel rocket attack

Yemeni rebels fired rockets at the oil refinery in port city Aden on Thursday, sparking a new blaze in the facility that has repeatedly come under attack, an industry official said. Thick smoke formed over the refinery, which rebels hit with Katyusha rockets, witnesses and the industry official said, adding that residents in nearby areas were evacuated. “Two Katyusha rockets, fired by the Huthis, hit the refinery in the morning,