• Oil edges up on supply concerns
Oil edges up on supply concerns

Brent crude futures dropped 44 cents, or 0.6 percent, to $77.61 per barrel by 0424 GMT. Reuters reported on September 5 that Saudi Arabia wants oil to stay between $70 and $80 a barrel to keep a balance between maximizing revenue and keeping a lid on prices until us congressional elections.

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  • Trump's $200 billion China threat wobbles European, hurts Asian stocks
Trump's $200 billion China threat wobbles European, hurts Asian stocks

White House economic adviser Larry Kudlow announced during an interview on Monday that President Donald Trump would likely be imposing new tariffs on a "couple hundred billion" worth of imports from China. While consumer technology products are expected to get hit with additional taxes, some Apple products - including the company's watch and ea...

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  • Man reportedly eats strawberry with needle inside, police confirm 4 ‘contamination’ incidents
Man reportedly eats strawberry with needle inside, police confirm 4 ‘contamination’ incidents

Earlier this week news broke of the contamination, believed to have originated at a Queensland-based supplier, after a Brisbane man claimed he had found several small metal needles inside strawberries from a Woolworths store. Already struggling with low prices, Queensland strawberry growers are imploring customers to stick by their product afte...

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  • Read Jeff Bezos' full statement about his $2 billion Day One fund
Read Jeff Bezos' full statement about his $2 billion Day One fund

Some analysts have suggested Amazon could face antitrust scrutiny over its growing power in the economy, and President Donald Trump has accused the company of taking advantage of the Postal Service, despite studies suggesting the internet giant's deal has been beneficial to the United States government postal operator.

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  • Fuel Prices Increased. Left declares Bharat Bandh on Monday
Fuel Prices Increased. Left declares Bharat Bandh on Monday

Addressing the Assembly, chief minister Naidu said the value added tax on diesel and petrol are being slashed by half from Rs 4 a litre now, causing Rs 1,120 crore of additional burden on the exchequer of the already financially crippled state.

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  • British Airways apologises after data breach
British Airways apologises after data breach

Another BA customer, Stephanie Jowers, said she contacted the airline hours before the hack was announced to query a suspicious charge on her account but was not informed it could have been compromised. Under a new European Union data protection law introduced this year, companies that don't protect their customers from privacy and data breaches ...

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  • Goldman Sacks said to shelve plans for crypto trading desk
Goldman Sacks said to shelve plans for crypto trading desk

However, the agency made a decision to review the Bitcoin ETF applications. It seems protecting cryptocurrency is more straightforward than selling it. This is when it gets a little complicated. However, that familiarity seems not to have translated into bitcoin use or purchase. It might explain why there is no rhodium ETF in the US, for in...

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  • Alibaba’s Jack Ma to Step Down as Executive Chairman
Alibaba’s Jack Ma to Step Down as Executive Chairman

Alibaba Group is a Chinese multinational holding conglomerate specialising in e-commerce, retail, Internet, AI and technology. With a market value of more than $US400 billion, it includes online selling, film production and cloud computing.

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  • Amazon Hits $1 Trillion
Amazon Hits $1 Trillion

The stock closed at $2,039.51 Tuesday, about $11 short of keeping its valuation above $1 trillion. Apple took nearly 38 years as a public company to achieve the trillion dollar milestone, while Amazon got there in 21 years. "Now that it has several high-margin revenue streams, we're seeing those doubts subside". Amazon had $178 billion in revenue...

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  • Quentin Palfrey Wins Mass. Democratic Primary For Lieutenant Governor
Quentin Palfrey Wins Mass. Democratic Primary For Lieutenant Governor

With no Republican on the ballot in November's midterm election, Pressley is now nearly certain to become the state's first black congresswoman . Ayanna Pressley , touted as the next Alexandria Ocasio-Cortez, just won a MA primary . If Democrats take the House in November, the state delegation will be in line to lead two committees: the House ...

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  • Petrol, diesel prices soar to record highs
Petrol, diesel prices soar to record highs

Diesel was at Rs 75.54/litre, up by Rs 0.44/litre. The prices of CNG and piped natural gas (PNG) were also hiked in metro cities since the price of gas procured by city distributors is mostly dollar-denominated. " OPEC (Organisation of the Petroleum Exporting Countries) had promised that it will raise production by one million barrels per day,...

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  • Trump says ‘no political necessity’ to keep Canada in new NAFTA deal
Trump says ‘no political necessity’ to keep Canada in new NAFTA deal

Trump's caution to Congress to "not interfere with these negotiations" appeared to refer to one potential obstacle: the fact that lawmakers have empowered him to reach a so-called "fast track" agreement with both NAFTA partners, not just Mexico.

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  • China hosts African leaders as foreign aid criticism intensifies
China hosts African leaders as foreign aid criticism intensifies

Xi will introduce new concepts and proposals for ties between China and Africa, and announce new actions and measures on practical cooperation with Africa during the Forum on China-Africa Cooperation (FOCAC) Beijing summit September 3-4, official media has reported.

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  • This Life-size LEGO Bugatti Chiron Looks Incredible, and Really Can Drive
This Life-size LEGO Bugatti Chiron Looks Incredible, and Really Can Drive

Yes, the Bugatti Chiron seen here is made entirely from Lego and Lego Technic pieces to recreate the supercar in stunning detail. Lego constructed the Chiron using more than one million individual pieces of 339 different types , 58 of which were custom-cast for this model, including pieces never before cast in transparent plastic.

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  • Donald Trump terminating NAFTA, negotiating with Canada
Donald Trump terminating NAFTA, negotiating with Canada

Canadian Prime Minister Justin Trudeau said Wednesday that while a new trade agreement with the USA and Mexico could be reached by Friday, Canada will not sign it if it is not in the country's best interests. The U.S. -Mexico agreement stipulates a 16-year NAFTA that would be reviewed and possibly extended every six years. "We had a NAFTA agr...

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  • Coca-Cola makes a $5.1-billion bet on the coffee market
Coca-Cola makes a $5.1-billion bet on the coffee market

The Costa deal opens a new business line for a company synonymous with fizzy, sugary beverages such as Coca-Cola, Sprite and Fanta, underscoring the pressure to find new areas of growth as consumer tastes change. SodaStream makes machines that carbonate home tap water. Costa doesn't now have a presence in North or South America, but Quincey ind...

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  • Indians turned in nearly all the currency notes banned in 2016: RBI
Indians turned in nearly all the currency notes banned in 2016: RBI

The demonetisation was hailed as a step that would curb black money, corruption and check counterfeit currency but RBI said, " Counterfeit notes detected in SBNs decreased by 59.7 and 59.6 per cent in the denominations of Rs 500 and Rs 1,000, respectively".

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  • United States trade deal with Mexico smashes NAFTA & puts squeeze on Canada
United States trade deal with Mexico smashes NAFTA & puts squeeze on Canada

Mr. Trump's announcement includes plans to wrap up negotiations between the U.S., Canada and Mexico by Saturday at the latest. Univision anchor Enrique Acevedo said Monday on "The Story" that there is promise in the new trade deal outlined by President Trump and Mexican President Enrique Pena Nieto, but that it seems like a "Mission Acc...

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  • Tesla shares slip after company decides to stay public
Tesla shares slip after company decides to stay public

Musk said in a late-Friday blog post that he and Tesla's board agreed Thursday to scrap plans he had hinted at in an August 7 tweet that claimed he had "funding secured" to take Tesla private at $420 a share. The case is Wochos v Tesla Inc et al, U.S. District Court, Northern District of California, No. 17-05828. With Musk's idea of a buyou...

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  • NAFTA No More: President Trump Announces United States-Mexico Trade Agreement
NAFTA No More: President Trump Announces United States-Mexico Trade Agreement

Although the deal will not be finalized immediately, the progress in negotiations comes as a relief to USA businesses that find themselves in the middle of trade wars with Mexico , Canada, China and the European Union, The New York Times reported .

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  • Cohen's Lawyer: He's Willing To Tell Mueller About A 'Conspiracy To Collude'
Cohen's Lawyer: He's Willing To Tell Mueller About A 'Conspiracy To Collude'

Today he stood up and testified under oath that Donald Trump directed him to commit a crime by making payments to two women for the principal goal of influencing an election. Cohen's actions reflect a pattern of lies and dishonesty over a significant period of time", he said. The consistent targeting of Cohen's credibility might be driven by ...

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  • Australia PM Malcolm Turnbull clinging on amid fresh leadership challenge threat
Australia PM Malcolm Turnbull clinging on amid fresh leadership challenge threat

Senator Seselja, who formally resigned his position as assistant minister for science, jobs and innovation on Thursday, said he would again support Mr Dutton, but refused to say Mr Turnbull was out of touch. Media reports said other lawmakers were considering running for Turnbull's job, including Treasurer Scott Morrison . Solicitor-General Step...

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  • Tesla on track to make 8000 Model 3s per week, Evercore says
Tesla on track to make 8000 Model 3s per week, Evercore says

The tech entrepreneur told The New York Times in an emotional interview published Thursday night that he has been working up to 120 hours per week and occasionally takes Ambien to get to sleep. He said he flew straight back after the wedding to Tesla's headquarters to make good on his promise to get those Model 3s out - something he eventu...

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  • Trump floats possibility of changing reporting requirements for publicly traded companies
Trump floats possibility of changing reporting requirements for publicly traded companies

In a Twitter post Friday, Trump wrote: "In speaking with some of the world's top business leaders I asked what it is that would make business (jobs) even better in the U.S. Quarterly financial reports are a staple of USA corporate practice. Indeed, corporate stocks are known to see sharp gains and falls on the heels of quarterly earnings re...

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  • Turkish lira rebounds after Qatar pledges $15 billion
Turkish lira rebounds after Qatar pledges $15 billion

The lira, which has lost some 40 per cent of its value this year, weakened beyond 6.21 against the USA dollar after the news, from 6.04 beforehand. The row with Washington has helped drive the lira to record lows, with the currency losing more than 40 per cent of its value against the dollar this year, prompting central bank liquidity moves to su...

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