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Trump begins final election sprint

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US President Donald Trump arrives for a campaign rally at Southport High School in Indianapolis . He also talked about the low unemployment rate. "More Americans are working right now, today, in this country, than have ever worked in this country before", Trump said. Read More »

Trump announced a trade agreement with China

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The comments appeared to be aimed at shoring up confidence among entrepreneurs who generate China's new jobs and wealth amid complaints Beijing is dragging its feet on economic reforms and reining in the dominance of state industry. "They very much want to make a deal", Trump said. President Donald Trump's steep tariffs on billions of dollars worth of Chinese products don't seem to be particularly effective at re-balancing trade. Read More »

Crude oil futures fall 0.31 per cent on weak global cues

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Crude Oil price could turn range bound in week ahead as investors now patiently wait to observe impact of USA sanctions on Iranian crude oil and updates on Sino-U.S. However, the effects of the US withdrawal from the Joint Comprehensive Plan of Action (JCPOA) in May, the resumption of Iran sanctions and the potential response from other countries pose significant uncertainty to the forecast. Read More »

Xi meets Pakistani prime minister

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Xi said the bilateral ties always stay vigorous and continue developing regardless of the changes in global situations or the two countries' domestic affairs. Xi said China always views relations with Pakistan as a priority of diplomacy and supports Pakistan in safeguarding national independence, sovereignty and territorial integrity. Read More »

Japanese pilot is arrested for being drunk ahead of flight from Heathrow

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The legal limit for on-duty is 20mg, making him 10 times over the alcohol limit. In an interview conducted by JAL just after his release, the copilot said he consumed more than two bottles of wine and more than 1.8 liters of beer by himself at a bar and in a hotel room where he stayed for about six hours until 20 hours before the flight. Read More »

UK, EU Reportedly Agree to Tentative Brexit Deal on Financial Services

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The positive momentum seemed rather unaffected by disappointing UK manufacturing PMI and dismissal of the news regarding a Brexit financial services deal by the UK/EU officials. The bank rate is now at 0.75 percent and Carney said that it would rise "in a limited and gradual fashion" up to 2021 to about 1.5 percent. It quoted government sources as saying that the EU would guarantee British companies access to European markets as long as British financial regulations remained largely in ... Read More »

Starbucks unveils holiday cups and new festive drinks

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History: Starbucks started releasing holiday cups in 1997 . That's like an every-day Starbucks holiday happy hour, sort of. The designs have sparked a wide range of emotions through the years. Starbucks has four new cup designs featuring patterns developed from the Starbucks Christmas blend coffee packaging. A year ago we got the brand's first-ever colour-in holiday cup, giving customers to opportunity to create one-of-a-kind designs, but for 2018 the coffee giant has gone totally ... Read More »

Rouhani: Iran does not fear new USA sanctions on energy, banking sectors

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But, as a condition of waiver, Indian oil firms will reduce their imports to 14-15 million tonnes, the source said . The National Iranian Oil Company (NIOC) has reportedly leased some storage capacity at Dalian. While the outline of waivers for India and South Korea was agreed, no final decision has been made and an announcement is unlikely before the sanctions are reimposed, according to Asian officials with knowledge of the matter. Read More »

Trump, Xi upbeat on US-China trade deal

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Trump has imposed penalty tariffs of up to 25 percent on $250 billion of Chinese goods in a dispute over Beijing's plans for state-led development of technology industries. Chinese Premier Li Keqiang (right) speaks next to Tennessee Senator Lamar Alexander (second right) during a meeting with a group of US Republican senators and Congress members at Zhongnanhai leadership compound in Beijing on Thursday. Read More »

USA cuts off exports to Chinese chipmaker

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New rules: The US Commerce Department said in a statement issued yesterday that Jinhua's increasing capacity to produce memory chips threatens the long-term economic viability of US suppliers. United States media say American semiconductor maker Micron Technology is suing the Chinese company. " When a foreign company engages in activity contrary to our national security interests, we will take strong action to protect our national security ", said commerce secretary, Wilbur Ross. Read More »

Google Workers Set to Launch Worldwide Protests

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Hundreds of employees walked out of Google's European headquarters in Dublin on Thursday as part of a global campaign over the United States tech giant's handling of sexual harassment that saw similar protests in London and Singapore. A flyer left at employees' desks explains that they've left in protest of the lack of transparency surrounding sexual assault cases. Another New York-based employee, Phillip Schanely, a line-level manager, said "most of the office", which counts thousands ... Read More »

Are The Coca-Cola Company (KO) Prospects Worsening?

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The Coca-Cola has a consensus rating of "Hold" and a consensus target price of $50.74. On the surface, it seems as though the higher/lower the 50-day moving average goes, the more bullish/bearish the market is. A number of equities research analysts recently issued reports on KO shares. The Coca-Cola Company had 1 sale and 0 buys since July 25, 2018. Comparatively, the gazes have a Gross margin 63.6%. Read More »

U.S. eyes more China tariffs if Trump-Xi meeting fails

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He said he has 267 billion dollars of new tariffs waiting to go if he can not make a deal with China . Trump also threatened on numerous occasions to put punitive tariffs on the entirety of Chinese imports to the United States if Beijing enacted retaliatory measures in response to Washington's latest round of duties on US$200 billion of Chinese goods. Read More »

Oil prices fall on rising supply, trade tensions

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The tight market in Asia is visible in the low amount of unsold crude oil stored on tankers on waters around Singapore and southern Malaysia, the region's main oil trading and storage hub. [USD/] A stronger dollar makes greenback-denominated commodities more expensive for holders of other currencies. Saudi Arabia and Russian Federation are leading efforts to keep oil markets well supplied at the same time as the demand outlook darkens. Read More »

Facebook beats Q3 earnings expectations but user growth remains tepid

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Facebook stressed the breadth of its services, which include Facebook, WhatsApp , Instagram and Messenger. With the myriad problems Facebook is facing, that passes for good news these days. midterm elections. Facebook's executives have touted their commitment to avoid the missteps of the 2016 election, when Russian Federation ran a misinformation campaign that disrupted United States politics. Read More »

Hyundai working on solar roof charging system

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But next year will mark the first time a solar-roof panel will be fitted to a more budget-friendly auto. Hyundai is hoping the systems will be able to improve real-world fuel economy, improve their efficiency and reduce Carbon dioxide emissions. Read More »

HEAVEN: Reese's Builds Machine To Fix All Your Halloween Candy Woes

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For those looking to visit the machine IRL on Wednesday, it'll be on 5th Avenue between Washington Square North and East 8th Street from 4 p.m.to 9 p.m., ET. So this is sort of like those "take-a-penny-leave-a-penny" trays, only if when you put a penny in you get back a nickel. The machine itself seems to work automatically, with two slots: one for dumping your disappointing candy and another for receiving your peanut butter cups, for which the machine has a capacity of 10,000. Read More »

#MeToo: Google fired 48 employees in last two years

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After his resignation, Google reportedly provided Rubin with a $90 million exit package to be paid out in monthly installments of roughly $2 million for four years. In a statement, Rubin said that the NYT story grossly over-exaggerates the compensation offered to him. She claimed that he forced her to perform oral sex in a hotel room In 2013. Read More »

India jumps 23 places to 77th in ease of doing business ranking

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The U.S. ranks 8th, down from 6th previous year. The latest ranking of 190 countries was topped by New Zealand followed by Singapore and Denmark. The United States is placed eight and China has been ranked 46th. With streamlining of processes, the country has made it faster and less expensive to obtain a construction permit. Prabhu said India's leap of 23 ranks in the ease of doing business ranking is significant considering that past year India improved its ranking by 30 places, a rare ... Read More »

Government Plans £400m Tax Raid on Tech Giants

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However, in truth, £2 billion does not go far enough. The UK has been ravaged by eight years of austerity leaving all public services crying out for investment. However, his choice of words denoting the funding as "little extras" has since angered parents and teachers alike. The growth outlook was also slightly improved on the March prediction. Read More »

RBI responsible for NPA crisis, Jaitley makes spat more public

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Reserve Bank of India (RBI) governor Urjit Patel may consider stepping down from the post following Finance Minister Arun Jaitley's scathing criticism of the central bank's "lending spree" on Wednesday. In contrast, a central bank plays a test match, trying to win each session but, importantly, also survive it so as to have a chance to win the next session, Acharya had said. Read More »

United States economy grew at 3.5% in Q3

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The US economy slowed less than expected in the third quarter as a tariff-related drop in soybean exports was partially offset by the strongest consumer spending in almost a four years and a surge in inventory investment. Excluding government spending, the measure of private demand also rose 3.1%. Today's report shows American consumers are empowered to spend again. Companies outside the U.S. Read More »

Lion Air plane crashes off Indonesia with 189 on board

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He specialised in flying Boeing 737 passenger jets. The VP of a leading airline in India that operates the Boeing 737 told the daily that Suneja was considering returning to India. In a statement about the tragedy, the air transportation agency's spokesman Sindu Rahayu said , "The plane had requested a return to base before disappearing from the radar". Read More »

China produces largest number of new billionaires previous year

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However, the report also estimated that if the ongoing trade dispute between the United States and China escalates to an all-out trade war, both countries could see significantly lower economic growth before policy responses. There are 475 billionaires in Greater China, which includes Hong Kong and Taiwan, and 373 within mainland China. Of all Chinese billionaires, 97 percent are self-made. Read More »

IBM to Acquire Red Hat for $34 Billion

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Open-source software such as the Linux operating system, the web browser Firefox and big-data analysis software such as Apache Hadoop has gradually become the bedrock for many applications, even in large enterprises. IBM's Rometty added that most companies are now being held back in their cloud transformation due to closed platforms. He said the acquisition would give Red Hat greater scale and resources to increase the impact of open source software. Read More »

Stocks Slammed! Dow Plunges More Than 600 Points

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The S&P 500 index fell 42 points, or 1.5 per cent, to 2,664. The Nasdaq composite added 209 points, or 3 percent, to 7,318. The S&P 500 lost 84.59 points, or 3.1 per cent, to 2,656.10. Adding to concerns, China reported last week that economic growth fell to the lowest level in a decade in the third quarter. Alec Young, managing director of Global Markets Research at FTSE Russell, said various macroeconomic barriers have contributed to the overall decline in the stock market after ... Read More »

Japanese auto brands grab top 4 spots in USA ranking

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Overall, subscribers reported a variety of mechanical issues but fewer frustrations with some infotainment systems, an area that has plagued automakers in recent years. "Just as we've seen with many other automakers, major changes and updates can cause reliability to slide". Not only are auto manufacturers adding more and more turbocharged engines, but they're increasingly pairing them to high-tech transmissions with eight, nine, even 10 gears. Read More »

Drawing nears for $750 million Powerball jackpot

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Livingston and his family were thrilled to hear the news and grateful that the hospital's staff made him feel like a part of the team, Kraemer said. "I kept saying that I could not believe, it's just kind and nice and it's nice to know there are still good people in this world". Read More »

Tesla says has not received subpoena on Model 3 production

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Company looking to expand Model 3 production. What exactly United Kingdom buyers will have to pay for a Model 3 - and just what specifications will actually be available - remains to be seen, as does the price. By contrast, positive cash flow means that more cash is coming in, allowing a company to pay down its debts. The luxury Model S outsold Mercedes. "We note the competitive market will be steeper when Tesla launches in Europe given the bevy of new introductions from European OEMs". Read More »

Fed Vice Chair Clarida: 'Some Further' Rate Increases Warranted

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Trump declined to elaborate, and a spokeswoman for the Fed declined to comment. Top Republicans are supporting Jerome Powell , saying he is doing a good job with the economy in the face of increasing criticism from President Trump. "They're going to keep keep raising rates", said John Briggs, head of strategy at NatWest Markets. Continued volatility in asset prices including stock prices are indicators of financial conditions, he added. Read More »

Saudi Arabia now says Khashoggi killing was planned

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May also revealed that she was due to speak to King Salman of Saudi Arabia later in the day to discuss the killing of Khashoggi in the Saudi consulate in Istanbul on October 2. According to the Bloomberg report, shortly before he spoke at the conference, Prince Mohammed - Saudi Arabia's de facto ruler - telephoned Turkish President Recep Tayyip Erdogan, who has called on all those responsible for the critic's murder to be punished, even top officials. Read More »

Saudi Crown Prince Mohammed Bin Salman Calls Khashoggi Murder 'A Heinous Crime'

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The kingdom has faced intensifying global pressure to be transparent about the death of Khashoggi , a columnist for The Washington Post who was a critic of Saudi Crown Prince Mohammed bin Salman. "Undoubtedly, the cooperation today between the Saudi and Turkish governments is unique and we know that many are trying to use this painful thing to drive a wedge between Saudi Arabia and Turkey", he said. Read More »

Amazon's holiday season sales outlook misses views; shares sink

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On the good side, the world's largest e-commerce site reported profit of $2.9 billion, up from $256 million a year ago, and continuing its streak of $1 billion-plus quarterly results following years of meager profits or losses. So far, Amazon has said that hasn't happened. Amazon also benefitted from strong sales of its Prime subscription program. The moves underscore the increasingly competitive landscape as retailers battle it out for your business. Read More »