Economy

Raab hopes Brexit deal with European Union still possible in October

Raab hopes Brexit deal with European Union still possible in October

The clock is rapidly ticking. British Brexit minister Dominic Raab said he was confident an exit agreement could be reached by an October 18-19 summit of European Union leaders. "Our challenge in th...

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ConocoPhillips, Venezuela’s PDVSA reach $2 bln settlement

ConocoPhillips, Venezuela’s PDVSA reach $2 bln settlement

Monday's statement from the Houston-based group said that PDVSA has agreed to recognise the judgment by an global arbitration panel and will make the first £390m payment within 90 days and the rest ...

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Oil Prices Nosedive On Rising US Crude Inventories

Oil Prices Nosedive On Rising US Crude Inventories

Front-month Brent crude oil futures were at $72.14 per barrel down by 32 cents, or 0.4 percent, from their last close, while the U.S. West Texas Intermediate , WTI, crude futures were down 34 cents...

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US Market Indexes Close Higher on Tuesday

US Market Indexes Close Higher on Tuesday

But S&P futures turned lower on Wednesday morning as markets assessed the possible impact of a guilty plea from Trump's former personal lawyer, and the conviction of former Trump campaign chairman Pau...

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The rand climbs as dollar hit by Trump Fed comments

The rand climbs as dollar hit by Trump Fed comments

In an interview with Reuters , Trump said he is "not thrilled" with Fed Chairman Jerome Powell for raising interest rates, arguing the central bank should do more to help the usa economy. In Ju...

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JPMorgan Is Launching New Brokerage App With Free Trades

JPMorgan Is Launching New Brokerage App With Free Trades

Kelli Keough, head of digital wealth management, said JPMorgan is targeting millennials who have never invested and current customers who are investing elsewhere. " JPM's aggressive push into the e-b...

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Trump ex-lawyer Cohen pleads guilty - and implicates president

Trump ex-lawyer Cohen pleads guilty - and implicates president

Trump was aware of the 2016 Trump Tower meeting before it took place, although he has shown no evidence to support this claim. Today he stood up and testified under oath that Donald Trump directed ...

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USA hits Russian individuals and companies with sanctions over North Korean ties

USA hits Russian individuals and companies with sanctions over North Korean ties

Erdoğan wants to ramp up anti-American sentiment to distract Turkish public Harriet Tubman on the bill would be smart for the president, his party and the nation Turkish president blasts "economic ...

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Trump says no concessions on Turkey tariffs

Trump says no concessions on Turkey tariffs

Trump explained that Turkish President Recep Tayyip Erdogan had double-crossed him over a deal to release Andrew Brunson , an evangelical Protestant pastor, whom Ankara detained in October 2016, ...

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Trump complains about interest rate rises

Trump complains about interest rate rises

In fact, it doesn't mean anything: it was Trump who assigned Powell to the Fed Chairman position, hence he approved Powell's views on the country's monetary policy. Trump used similar language whe...

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UNIAN: Trump names conditions for Russian Federation sanctions lift

UNIAN: Trump names conditions for Russian Federation sanctions lift

Many EU states are reluctant to impose more sanctions on Russian Federation however. The Kremlin continues to deny that it has engaged in any offensive cyber acts at all. The sanctions sparked a sel...

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Post Malone’s plane preparing for emergency landing at Mass. airport

Post Malone’s plane preparing for emergency landing at Mass. airport

The Gulfstream Aerospace GLF-4 aircraft was taking off around 10:50 a.m. Tuesday when its landing gear blew, according to the Federal Aviation Administration . Our source says air traffic control the...

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Trump demands Fed help on economy, complains about interest rate rises

Trump demands Fed help on economy, complains about interest rate rises

Most right-leaning economists and lawmakers say keeping rates low could risk rampant inflation and financial market bubbles. But during this period of time I should be given some help by the Fed. The...

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Goats spotted roaming subway tracks still on the lam

Goats spotted roaming subway tracks still on the lam

Stewart, the former host of The Daily Show , is a long-standing animal welfare activist. He and his wife, Tracey, are supporters of the Farm Sanctuary and even opened their own location on their fa...

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Defiant Erdogan casts Turkey currency crisis in religious, patriotic terms

Defiant Erdogan casts Turkey currency crisis in religious, patriotic terms

The downgrades served to validate prevailing concerns that Turkey "is unlikely to avoid a significant slowdown in economic activity" and that the lira's fall "poses a risk to financial stability" said...

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Iran: France's Total Officially Quits South Pars Gas Project

Iran: France's Total Officially Quits South Pars Gas Project

In July 2017, the NIOC awarded the project to a consortium comprising Total (50.1 percent), China's CNPC (30 percent) and Iran's Petropars (19.9 percent) through a contract worth around $4 billion...

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How Contact Lenses Are Contributing To Microplastic Pollution

How Contact Lenses Are Contributing To Microplastic Pollution

Around 45m people wear contacts in the United States, while rates in other countries vary, with between 5 and 15% of the population in Europe using them. The team concluded that microbes in the wastew...

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PepsiCo buys Israel's SodaStream for $3.2 billion

PepsiCo buys Israel's SodaStream for $3.2 billion

Israeli-based SodaStream listed on the NASDAQ in 2010. The purchase will probably be the last big move by PepsiCo chief executive Indra Nooyi, who said this month she's stepping down as head of th...

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Whiteboards used as Gatwick flight information screens fail

Whiteboards used as Gatwick flight information screens fail

In farcical scenes, airport staff have been forced to write flight information on whiteboards in the middle of departure lounges. A spokesman for Gatwick Airport said: 'Due to an ongoing issue with ...

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Commonwealth Customers Unable To Make Online And Visa Transactions For Hours

Commonwealth Customers Unable To Make Online And Visa Transactions For Hours

Customers who had earlier tried to login to online banking system received a message warning them to try again later. This latest CBA problems come several months after it had widespread issues that...

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Tesla sues Ontario over 'unreasonable' EV rebate exclusion

Tesla sues Ontario over 'unreasonable' EV rebate exclusion

They weren't the only ones, though, and Tesla is suing the government alleging it has suffered "substantial harm" as a result of the sudden transition leaving out buyers of its vehicles. That's becaus...

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S&P lowers Turkey's credit rating deeper into junk territory

S&P lowers Turkey's credit rating deeper into junk territory

Turkish lira has lost almost 40 percent of its value against the dollar this year, hit by both the diplomatic rift and investor alarm about President Tayyip Erdogan's influence over monetary policy. T...

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Aston Martin is recreating James Bond's DB5 from 'Goldfinger' - with gadgets

Aston Martin is recreating James Bond's DB5 from 'Goldfinger' - with gadgets

It is the auto that has captured the imagination of generations of James Bond fans. Are you a James Bond fan? But the closest you could get to owning the gadget-filled Aston Martin DB5 first...

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Turkey: President Erdogan challenges those playing

Turkey: President Erdogan challenges those playing "games" on the economy

Turkey's battered lira weakened 3 percent after a Turkish court rejected an American pastor's appeal for release. Erdogan told thousands of supporters in Ankara that Turkey is "threatened by the eco...

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Turkey's Erdogan says to challenge 'games' on the economy

Despite such risks, the German economy remains buoyant, supported by state spending, private consumption, low interest rates, a robust labor market and rising real wages, the ministry said in the re...

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Contact lenses end up in the ocean endangering sealife

Contact lenses end up in the ocean endangering sealife

That's an annual 23 metric tons of plastic lenses. The Arizona State University study suggests that much of the plastic material then ends up in waste water treatment plants. His team had already be...

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Congress uses revised GDP data to defend UPA’s economic record

Congress uses revised GDP data to defend UPA’s economic record

The main reasons were demonetisation, flawed implementation of Goods and Services Tax and tax terrorism", he added. This, Kumar added, is reflected in the Sudipto Mundle committee's estimates on the...

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Annual inflation rate jumped to 3.0% in July, highest reading since 2011

Annual inflation rate jumped to 3.0% in July, highest reading since 2011

The Canadian dollar averaged 76.45 cents U.S., up 0.42 of a USA cent. The annual inflation in the province was 2.7 per cent in June. It went up 2.5 percent in June, which was already the highest l...

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Canada deliberately sidelined from latest NAFTA talks, Trump suggests

Canada deliberately sidelined from latest NAFTA talks, Trump suggests

The US, Mexico and Canada began talks to modernize the 24-year-old trade pact a year ago at Trump's insistence but the talks were hung up over US demands. The United States has pushed for Mexico to ...

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Twitter temporarily bans radio show host Alex Jones' account

Twitter temporarily bans radio show host Alex Jones' account

In recent weeks, Dorsey has come under fire for saying that conspiracy theorist and Infowars host Alex Jones was not in violation of its policies. Media reports said Jones's account was in read-on...

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Mailman finds python near mailbox in Overland Park

Mailman finds python near mailbox in Overland Park

A Ball Python was found my a mailman and called Animal Control. The red tail boa constrictor, which appeared on Broadmoor Street, is believed to have broken free from a neighboring home, police told...

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GBP/USD jumps back to session tops post-UK retail sales

GBP/USD jumps back to session tops post-UK retail sales

Both retail sales figures excluding fuel were also much better than forecast. The UK total retail sales increased 0.7 percent over the month in July after slumping unexpectedly in June. But with the...

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Coles stores closed as nationwide checkout glitch causes chaos

Coles stores closed as nationwide checkout glitch causes chaos

This store is now closed due to circumstances beyond our control", read a sign outside Coles Australia Fair on the Gold Coast . On social media, disgruntled customers expressed their frustration ...

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Turkey's President Erdogan vows to challenge economic threats

Turkey's President Erdogan vows to challenge economic threats

Erdogan told thousands of supporters in Ankara that Turkey is "threatened by the economy, sanctions, foreign currency, interest rates and inflation", The Associated Press reported. "So, we haven't...

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No Canadians: Air France unions call for French CEO

No Canadians: Air France unions call for French CEO

The union statement , which said the new boss needed "intimate knowledge... of the French social model", said that the board was expected to hold a teleconference on Thursday to discuss the nominatio...

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