• China accuses Trump of 'holding a knife to its throat' with tariffs
China accuses Trump of 'holding a knife to its throat' with tariffs

His comments come a day after new USA tariffs took effect $200 billion worth of Chinese goods, prompting retaliatory taxes from Beijing on $60 billion worth of American products. It indicates that about 70 percent of the value of goods imported from, the United States to China will face tariffs by the end of 2018. As the latest wave of China-...

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  • Instagram co-founders step down from company
Instagram co-founders step down from company

It was 2010 when Krieger and Systrom came to know each other. There's no official word on what caused the Instagram founders to leave, although rumours hint at clashes between the two men and Facebook executives over diminishing independence and demands to direct more users from Instagram to Facebook.

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  • Gold miner Randgold unveils £13.7bn merger with Barrick
Gold miner Randgold unveils £13.7bn merger with Barrick

Both Thornton and Randgold's Chief Executive Officer Mark Bristow are outspoken leaders with strong visions. The combination creates an $18.3 billion gold-mining giant. The new company will have the sector's highest adjusted earnings before interest, tax, depreciation and appreciation and EBITDA margin of almost 50 percent based on 2017 numbers, ...

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  • India Oil Firm Cancels Imports from Iran
India Oil Firm Cancels Imports from Iran

Asked whether Japanese refiners have suspended their Iranian oil loadings beyond October, Tsukioka said: "I understand that each company's position [over Iranian oil loadings] is the same, to have suspended them while monitoring the situation".

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  • European Union also preparing for 'No Deal Brexit'
European Union also preparing for 'No Deal Brexit'

Echoes of this certainly ran through May's comments , when she invited others to come up with something more acceptable. That plan, thrashed out in July , was an attempt to find a common position that cabinet ministers and the Conservative party could rally around as the formal negotiations on leaving the European Union moved into their final...

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  • United States imposes new $200bn tariffs on China
United States imposes new $200bn tariffs on China

So far, the United States has imposed tariffs on $50 billion worth of Chinese products to pressure China to make sweeping changes to its trade, technology transfer and high-tech industrial subsidy policies. The levies focused on industrial products, not on things Americans buy at shopping centres or via Amazon. By expanding the list to $200...

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  • Sources leak potential Coca-Cola - Aurora Cannabis deal; Coke denies
Sources leak potential Coca-Cola - Aurora Cannabis deal; Coke denies

It says it hasn't made any decisions about using it in coke products. It did not confirm or deny the link with Aurora Cannabis, which was first reported by Canadian broadcaster BNN Bloomberg . The talks come as Canada prepares to legalise cannabis for recreational use, after many years of permitting it for medicinal purposes. Auroa has a "...

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  • Australia's Queensland on the hunt for strawberry saboteurs using needles
Australia's Queensland on the hunt for strawberry saboteurs using needles

Police began looking into the potentially unsafe berries after a Facebook user on Saturday wrote that their friend took a bite of a strawberry and ate "half a sewing needle", according to the Palm Beach Post . "It is simply unacceptable, I am furious about this". The incidents have been piling up, with contaminated strawberries found with need...

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  • The Trump administration takes baby steps on teen vaping
The Trump administration takes baby steps on teen vaping

The FDA is giving the five top-selling e-cigarette brands - Juul, Vuse, MarkTen XL, Blu and Logic - 60 days to provide plans for how they will mitigate sales to minors. The US Food and Drug Administration (FDA) now considers the increasingly prolific use of e-cigarettes amongst younger people as an "epidemic". According to the FDA, e-cigarettes...

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  • Carney extends Bank of England term to lead economy through Brexit
Carney extends Bank of England term to lead economy through Brexit

A Treasury statement said the extension was agreed in an exchange of letters between the governor and Hammond. Britain's Treasury Chief Philip Hammond approves of Governor Carney's performance and is hoping that the central bank will be able to support a smooth exit from the European Union for Britain.

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  • Perdue Says NAFTA Must Include Dairy Fix
Perdue Says NAFTA Must Include Dairy Fix

Canada's foreign affairs minister says Tuesday's anniversary of the 9/11 terrorist attacks on the United States should serve as a reminder of the deep ties between the two countries as they haggle over the future of North American free trade.

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  • Elon Musk muses about life over whiskey and weed
Elon Musk muses about life over whiskey and weed

His brother Kimbal Musk told the newspaper that the reason Mr Musk "seems to attract drama" is because he is "so transparent, so open, in a way that can come back to bite him". "When Morton offered advice about capitalizing the company through other means rather than going private, he was ignored, said the people". Over the past year, the compa...

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  • Bernie Sanders introduces the BEZOS Act, targets Amazon and others
Bernie Sanders introduces the BEZOS Act, targets Amazon and others

Ro Khanna (D-CA) to introduce the Stop Bad Employers by Zeroing Out Subsidies ( Stop BEZOS ) Act. "We want our employees to succeed in their jobs ", Lynch writes, "and managers actively work with employees to ensure we're providing a fun, safe place to work".

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  • Tesla billionaire Elon Musk shocks as he smokes WEED on web show
Tesla billionaire Elon Musk shocks as he smokes WEED on web show

Bloomberg also reported Tesla's chief people officer Gaby Toledano would not return from a holiday just over a year after joining. The CEO of Tesla and Space X smoked marijuana toward the end of a more than two-and-half-hour live interview Thursday on comedian Joe Rogan's podcast , the Joe Rogan Experience .

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  • Barack Obama gives speech today as he receives ethics award
Barack Obama gives speech today as he receives ethics award

Trump brought up the former president's speech again while he was dancing on the grave of Obamacare's individual mandate, which Republicans eliminated in their tax bill. A point this ethics award makes as Trump's administration grapples with an avalanche of scandals and Robert Mueller's Russian Federation probe: Obama's two terms were relatively ...

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  • Student poster prank in Texas McDonald's goes unnoticed for nearly two months
Student poster prank in Texas McDonald's goes unnoticed for nearly two months

Jev and his friend, Chris, took a picture in front of their neighborhood event center, edited the photo to match the graphics in the McDonald's posters, and received a print of their picture a week later. A few weeks later, it was still there. Remember, folks: all races deserve recognition. "I guess I did my part". "And I really hope they'll ne...

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  • Oil steady on high OPEC supply ahead of Iran sanctions
Oil steady on high OPEC supply ahead of Iran sanctions

Production by the Organization of the Petroleum Exporting Countries rose 220,000 barrels per day (bpd) in August to a 2018 high of 32.79 million bpd, a Reuters survey showed. Preliminary reports on last week's US crude inventory levels are due for release by the American Petroleum Institute on Wednesday and the more definitive numbers by the US E...

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  • JD.com's billionaire CEO released after US arrest
JD.com's billionaire CEO released after US arrest

Minneapolis police spokesman John Elder said Sunday that he couldn't provide any details because the investigation is considered active. Though police have released no details regarding the allegations against Liu, the Financial Times has reported that the case involves Liu and a Chinese student at the university, rumors that have also been sp...

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  • CIO president: 'Hard to see' new NAFTA deal without Canada
CIO president: 'Hard to see' new NAFTA deal without Canada

Geneva: US president Donald Trump has ratcheted up pressure on Canada and other trading members, including the European Union, threatening that if they refuse to accept Washington's trade demands they will risk losing "free military protection", after talks between the US and Canada for revamping the trade deal, which includes Mexico , failed...

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  • Buhari Participates In China-Africa Cooperation Forum
Buhari Participates In China-Africa Cooperation Forum

The massive scheme is aimed at improving Chinese access to foreign markets and resources, and boosting Beijing's influence overseas. President Xi reflected on China's support to Liberia's peace process, and promised to continue to stand up and support the country in multilateral institutions.

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  • Barnier says no-deal Brexit is possible despite market optimism
Barnier says no-deal Brexit is possible despite market optimism

A summit of European Union leaders in Salzburg on 20 September is the next key appointment - where British prime minister Theresa May will gauge the mood among the other 27 leaders. He said: "With no backstop, there will be no agreement". Mr Raab said that he wanted to continue "accelerating and intensifying" negotiations, adding: "We're committe...

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  • Coca-Cola buys coffee chain for $5 billion
Coca-Cola buys coffee chain for $5 billion

Commenting on the deal, Howard Telford, head of soft drinks at industry research group Euromonitor, said Coke has acquired a "true global coffee brand" that offers much potential, from introducing Costa-branded RTD beverages into Coke's distribution system to utilizing the company's bean-to-cup vending expertise.

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  • P Chidambaram Slams Centre Over RBI Report On Demonetisation
P Chidambaram Slams Centre Over RBI Report On Demonetisation

Verification and process of the SBNs has been completed. The news was revealed in the Reserve Bank of India's (RBI) annual report , published Wednesday, which indicated an inter-departmental unit has already been formed within the organization to study the "desirability and feasibility to introduce a central bank digital currency ".

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  • Land reform policy gets backing from British Prime Minister Theresa May
Land reform policy gets backing from British Prime Minister Theresa May

The opposition party accused the government of a plot to cover its alleged failures in governance in the last three years. Amirthanayagam also said that it will not take side in Nigeria's 2019 general election, saying it wants the victor to be elected in a free and fair contest.

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  • Trump Organization CFO granted immunity in Cohen investigation
Trump Organization CFO granted immunity in Cohen investigation

In addition to the two counts of violating campaign finance laws, Cohen also has pled guilty to six counts of fraud. Underwood's request was first reported by The New York Times . The detail comes on the heels of federal prosecutors reportedly granting immunity to David Pecker , the CEO of the tabloid magazine's parent company, potentiall...

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  • DXY Index Threatens Key Break after Powell’s Jackson Hole Speech
DXY Index Threatens Key Break after Powell’s Jackson Hole Speech

Federal Reserve chair Jerome Powell sees plenty of reasons the USA economy's strong run will continue. Powell cited former Fed Chairman Alan Greenspan's decision to not raise rates during the mid-1990s as unemployment decreased and growth expanded, but inflation stayed largely steady.

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  • Michael Cohen prosecutors granted immunity to publisher David Pecker
Michael Cohen prosecutors granted immunity to publisher David Pecker

Mr. Trump has been insistent that he had nothing to do with the payments and learned of them only after they were made. And he was there when Trump transformed the business around his TV celebrity in the new millennium and went on a global licensing spree.

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  • Alarm over Donald Trump complaints about his pick for US Fed chair
Alarm over Donald Trump complaints about his pick for US Fed chair

Trump told Reuters that he was "not thrilled" by Powell's decision to raise interest rates and would continue to criticise the Fed if interest rate hikes continued. The president's top economic advisers have repeatedly urged Trump not to attack the Fed. Donald Trump chose Jerome Powell previous year to head the United States central bank, p...

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  • Trump's rant on interest rate rises depresses dollar
Trump's rant on interest rate rises depresses dollar

A day later, Dallas Fed President Robert Kaplan, who tends to align his views with those of Powell, released an essay that signaled he views another three or four rate hikes as "the best chance" for delivering continued economic growth, given the strength of the economy.

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  • Airport Forced to Use Whiteboard to Prevent Total Travel Mayhem
Airport Forced to Use Whiteboard to Prevent Total Travel Mayhem

When the digital departures and arrivals boards went down at London's Gatwick Airport, airport staff when old school-with an emphasis on school. As of 12:30 p.m., the issue had still not been resolved. Gatwick Airport didn't immediately respond to a request for further comment. "Our engineers are working hard to fix the cable as quickly as possib...

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