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40 people stranded in mid-air as Ocean Park revolving tower ride breaks down

About 40 people were left stranded in a revolving observation tower that apparently malfunctioned in mid-air at Hong Kong’s Ocean Park on Monday. The incident at the Ocean Park Tower at the city’s landmark tourist attraction in Hong Kong’s Southern district occurred at about 3.30pm. Most riders returned safely to the ground following the incident but one person remained in the tower. The stranded…

40 people stranded in mid-air as Ocean Park revolving tower ride breaks down

We haven't written up this one. South China Morning Post has the full story — the link below goes straight to it.

Also reported by 1 other outlet

Read the original at scmp.com →

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Hedge funds slash bullish oil bets ahead of post-election price collapse

Hedge funds reduced bullish positions in crude oil by the most since June ahead of a sharp post-election selloff, as signs of diplomatic progress between the US and Iran prompted managers to scale…

  • Hedge funds reduced bullish oil bets by 78,492 contracts ahead of price drop
  • Reduction marked largest since summer, post-Iran-US agreement
  • Price fell sharply after Democratic Party's US midterm election win

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