Economy

President says he'll be "terminating" NAFTA

Mexican President Enrique Pena Nieto spoke to Trudeau on Monday and urged Ottawa to rapidly rejoin the talks with the goal of getting a final NAFTA rewrite this week. Adam Austen, a spokesman for Ca...

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Trump Organization CFO granted immunity in Cohen investigation

Trump Organization CFO granted immunity in Cohen investigation

The Wall Street Journal and NBC News were first to report on anonymous sources that longtime Trump Organization finance chief Allen Weisselberg got immunity to talk to federal prosecutors in...

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China’s Didi halts its carpool service after second woman killed

China’s Didi halts its carpool service after second woman killed

China's transport ministry said on Monday that the country's ride-hailing sector had many firms and that companies that did not provide its passengers with effective safety precautions were not needed...

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NY Times: DA looks at charges against Trump Organization

NY Times: DA looks at charges against Trump Organization

First, Trump's former personal attorney, Michael Cohen , implicated him in testimony about hush money payments to two women who allege affairs with him. Another person with knowledge of Trump's t...

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Saudi reforms to boost growth despite any Aramco IPO delay

If he fails to take a stance, the world human rights bodies such as Amnesty International should take notice of the issue and intervene. Industry sources told Reuters this week that both the w...

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Trump says Mexico trade deal near; NAFTA hurdles seen easing

Trump says Mexico trade deal near; NAFTA hurdles seen easing

President Donald Trump said on Saturday that the United States could reach a "big Trade Agreement" with Mexico soon as the incoming Mexican trade negotiator signaled possible solutions to NAFTA ener...

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Ant Financial of Alibaba adjourns OTC Bitcoin trading

Ant Financial of Alibaba adjourns OTC Bitcoin trading

On Friday, Beijing News reported that Ant Financial is increasing its efforts monitor both merchant and customer accounts that offer over-the-counter (OTC) crypto trading. Along with restricting...

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World Bank Prices Its Blockchain Bond at $73 Million USD

World Bank Prices Its Blockchain Bond at $73 Million USD

It has been developed with the support and input from Northern Trust, QBE and Treasury Corporation of Victoria. Bondi-I is a two-year created to yield a 2.25 percent return and is part of the $50-$6...

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Steady rate hikes protect USA recovery: Fed chief

Steady rate hikes protect USA recovery: Fed chief

The low-level negotiations were the first since the world's top economies began exchanging tit-for-tat tariffs in July and came as the two sides imposed measures on billions of dollars more in goods...

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Trump's finance chief Allen Weisselberg is granted immunity from prosecution

Trump's finance chief Allen Weisselberg is granted immunity from prosecution

Mr. Weisselberg was called to testify before a federal grand jury earlier this year, the Journal said. It is claimed court papers connected to the president's ex-lawyer Michael Cohen say Pecke...

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Verizon Promises To Stop Throttling First Responders 08/27/2018

Verizon Promises To Stop Throttling First Responders 08/27/2018

In an addendum to a Monday court filing seeking to overturn the FCC's repeal of net neutrality rules, Santa Clara County Fire Department Chief Anthony Bowden said Verizon slowed internet speeds for ...

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Ryanair bans carry-ons for passengers paying its lowest fares

Ryanair bans carry-ons for passengers paying its lowest fares

Ryanair's Kenny Jacobs said: "From November 2018, we are introducing a new lower cost 10kg checked bag and changing our carry-on bag policy to eliminate boarding/flight delays". If they wish to take ...

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SEC Throws Out 9 Applications for Bitcoin ETFs Citing Manipulation Concerns

SEC Throws Out 9 Applications for Bitcoin ETFs Citing Manipulation Concerns

The SEC added that the NYSE Arca which filed the ProShares ETF application did not meet the requirements "that a national securities exchange's rules be created to prevent fraudulent and manip...

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Kalashnikov launches Tesla-rivalling electric vehicle

Kalashnikov launches Tesla-rivalling electric vehicle

Holding company Kalashnikov Concern said it has developed some cutting-edge elements for the "electric supercar", including a "revolutionary" inverter. The Model 3 can reach 60 miles per hour in 3.5...

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Infiniti Prototype 10 Concept Is an EV Built for Indulgence

Infiniti Prototype 10 Concept Is an EV Built for Indulgence

The aptly named concept vehicle builds on the ideas of its predecessor and draws on some of racing's popular single-seater aesthetics. "In the near future our cars will offer high performance, extende...

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Oil Prices Go Up Before Supply Data

Oil Prices Go Up Before Supply Data

USA commercial crude oil inventories fell 5.8 million barrels last week, the EIA said on Wednesday, more than three times forecasts. The prospect of a drop in oil exports from Iran , the third-larg...

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China’s Huawei slams Australia 5G mobile network ban as

China’s Huawei slams Australia 5G mobile network ban as "politically motivated"

This means the core and access networks are separated on both, with 5G having stronger guarantees for privacy and security than the existing 4G technology, and the older 3G. It continued: "The fundame...

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Trump Organization CFO Allen Weisselberg granted immunity to testify

Trump Organization CFO Allen Weisselberg granted immunity to testify

Cohen admitted to arranging "hush money" payments before the November 2016 U.S. presidential election to at least two women who had said they had affairs with Trump. Cohen says on the tape that he...

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Toronto realtors can now publish home sales data

Toronto realtors can now publish home sales data

The Supreme Court of Canada will announce this morning if it will hear an appeal from the Toronto Real Estate Board that would keep TREB's members from publishing home sales data on their password-pro...

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USA prosecutors grant Trump Organization CFO immunity in Cohen probe

USA prosecutors grant Trump Organization CFO immunity in Cohen probe

The conversations reportedly were about Mr Cohen, who this week pleaded guilty to breaking campaign finance laws over payments to two women claiming affairs with Mr Trump before the 2016 election. I...

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No-Deal technical papers 'sobering reading' for Northern Ireland

No-Deal technical papers 'sobering reading' for Northern Ireland

The Department for Environment, Food and Rural Affairs and the devolved administrations are preparing domestic legislation (through the Withdrawal Bill) to ensure the United Kingdom has the ability in...

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Prosecutors grant immunity to longtime Donald Trump finance chief

Prosecutors grant immunity to longtime Donald Trump finance chief

If President Donald Trump were impeached, the stock market could be slammed in the short term, but the economy is unlikely to see any serious damage, according to Strategas Research. But even while ...

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Trump predicts stock market would crash if he were impeached

Trump predicts stock market would crash if he were impeached

With no real restrictions on his activities, Mueller went after a Trump campaign volunteer and his pick to be National Security Adviser for lying to the Federal Bureau of Investigation. Manafort now f...

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Powell says gradual hikes likely needed if economy stays strong

The Federal Reserve chairman has defended the central bank's approach of gradually raising interest rates, after direct criticism from Donald Trump . "I'm very encouraged by the market's ability to...

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Wall St rises on trade hopes, S&P equals longest bull run

Wall St rises on trade hopes, S&P equals longest bull run

Strong corporate earnings growth and a resilient US economy bolstered by a solid job market and consumer confidence set the stage for the market to continue the upward trajectory it's been on for mo...

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Mexico, U.S. 'close' to resolving bilateral NAFTA issues

Mexico, U.S. 'close' to resolving bilateral NAFTA issues

The Mexican peso rose against the dollar after Guajardo's comments. Key U.S. demands that neither Mexico nor Canada have agreed to yet include the automatic expiration of the deal after five years, ...

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Columbus Kmart set to close in November

Columbus Kmart set to close in November

The retailers have struggled in recent years with several rounds of closures. As of May, the retailer had about 800 stores, down from about 1,000 at the end of a year ago and far below the 2012 peak...

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Trump bashes Fed chief Powell in interview with Reuters

Trump bashes Fed chief Powell in interview with Reuters

A gauge of global equities rose, lifted by higher energy prices and strong earnings from retailers, in a session that marked the longest US bull market. In Europe, Frankfurt's DAX 30 closed the day wi...

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Here's our best look at the Google Pixel 3 XL yet

Here's our best look at the Google Pixel 3 XL yet

The gadgets have mostly ridden on the quality of their camera, Google's exclusive branding, and stock Android . There is a solid amount of contrast being added in processing, but that's kind of how...

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Jerusalem: Israel will pay ‘high price’ for embassy move

Jerusalem: Israel will pay ‘high price’ for embassy move

The embassy opened in May, sparking mass demonstrations in which around 60 Palestinian protesters were killed and more than 2,000 were injured by Israeli forces. Some 600,000 Israelis live in settleme...

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