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Markets Arrogant Obama Takes Credit For Trump Economy
Author: 0 Arrogant Obama Takes Credit For Trump Economy

Obama , wearing a white shirt with an open collar, made clear he had set himself a different task: He was there to promote the candidacies of Democrats here and across the country trying to win Republican seats. Noting the history of former presidents avoiding the rough and tumble of politics, Obama acknowledged that his sharp critique of Trump was something of a departure from tradition.

Markets Trump says Apple can avoid tariffs by shifting production to US
Author: 0 Trump says Apple can avoid tariffs by shifting production to US

A part of Apple's letter , which was first reported on by Bloomberg , reads, "It is hard to see how tariffs that hurt US companies and USA consumers will advance the Government's objectives with respect to China's technology policies". AirPods headphones, some of Apple's Beats headphones and its new HomePod smart speaker also face levies as part of the proposed tariffs on $200 billion worth of Chinese goods, according to the letter submitted on Wednesday.

Markets British Airways apologizes after 380k customers hit by cyber attack
Author: 0 British Airways apologizes after 380k customers hit by cyber attack

Cruz said the carrier was "deeply sorry" for the disruption caused by the sophisticated crime, which was unprecedented in the more than 20 years that BA had operated online. Customers are encouraged to reset their BA.com password. If European data regulators decide that the airline doesn't take customer data protection seriously enough, they could fine it up to 4% of annual revenue under the recent General Data Protection Rules (GDPR).

Markets US oil prices rise as Gulf platforms shut ahead of hurricane
Author: 0 US oil prices rise as Gulf platforms shut ahead of hurricane

The price of Brent went up by about 60 cents to sell at $78.24 a barrel, while US crude went up by 15 cents to trade at $69.95. Crude oil "prices could reach $80 and higher in the short term", the bank said, although it added that despite these developments global supply may exceed demand next year.

Markets Trump riled after unions head accuses him of hurting USA workers
Author: 0 Trump riled after unions head accuses him of hurting USA workers

Talks between the two countries ended without an agreement on Friday as negotiators failed to reach an agreement to include Canada in the deal before notice was sent to Congress. The 24-year-old NAFTA tore down most trade barriers dividing the United States , Mexico and Canada. He urged the crowd to not let Trump or anyone else divide Americans based on race, religion, nationality or sexual orientation.

Markets FOCAC 2018 summit: 9 major things Buhari said in China
Author: 0 FOCAC 2018 summit: 9 major things Buhari said in China

The financing will be provided in the form of government assistance as well as investment and financing by financial institutions and companies, Xi said in a keynote speech at the opening ceremony of the 2018 Beijing Summit of the Forum on China-Africa Cooperation.

Markets US, Canada agreement on NAFTA 2.0 appears to be in reach
Author: 0 US, Canada agreement on NAFTA 2.0 appears to be in reach

As Trump blithely repeated his threat to dump Canada , Mexican President Enrique Pena Nieto repeatedly stressed - four times his disembodied voice permeated the Oval Office via speaker phone - that bringing Canada into the deal was the next move.

Markets U.S., Mexico reach NAFTA deal; talks with Canada to start immediately
Author: 0 U.S., Mexico reach NAFTA deal; talks with Canada to start immediately

Canada, which is part of NAFTA, did not participating in the announcement. President Trump's top economic adviser said Tuesday that Canada can still get a good trade deal with the USA if it is willing to compromise. President Donald Trump announced Monday that he plans to end NAFTA and pursue a separate deal with Mexico. Both U.S. and Mexican officials said Monday they are now focused on Canada.

Author: 0 Global stocks soar on US-Mexico trade breakthrough as Canada is sidelined

When the reality show spectacle of Trump's Oval Office phone call with Pena Nieto had subsided, senior US officials briefed journalists on a conference call. President Donald Trump had previously threatened new tariffs on Canadian vehicles if no agreement was reached . "Canada has still not been made privy to the deal but talks between the US and Canada is expected to start Tuesday (US time)".

Markets Trade deal let's Mexico ease Trump, border uncertainties -- or does it?
Author: 0 Trade deal let's Mexico ease Trump, border uncertainties -- or does it?

Mexico and the United States are close to finalising a preliminary agreement on a new North American Free Trade Agreement ( NAFTA ), which would let the third partner, Canada , sign on to the agreement, Mexico's lead negotiator said. But Guajardo told reporters that Canada's Foreign Minister Chrystia Freeland was ready at any point to proceed with the NAFTA negotiations. Some observers believe the Trump administration has sidelined Ottawa from the NAFTA negotiations.

Markets Fed chief to speak on economy under Trump's critical gaze
Author: 0 Fed chief to speak on economy under Trump's critical gaze

The U.S. Federal Reserve will continue further and gradual rate hikes, but will maintain a balance between impeding economic growth and letting the economy overheat, Chairman Jerome Powell said Friday . However, some Fed officials anxious that an escalation in current trade disputes could force the central bank to rethink its interest rate hike plans, according to the minutes of the Fed's latest monetary policy meeting.

Markets Verizon slowed our data as we fought massive wildfire, chief says
Author: 0 Verizon slowed our data as we fought massive wildfire, chief says

As firefighters were battling the Medocino fire - the largest wildfire in state history - the Santa Clara County Fire Department experienced a significant slowdown in its cell phone and mobile data performance. This situation is that a customer reached its prescribed limit of its contractual data plan and the data was reduced. It added that if another disaster arises, it'll lift restrictions on public safety customers.

Markets Latest leak shows the final design of Google Pixel 3 XL
Author: 0 Latest leak shows the final design of Google Pixel 3 XL

Previous Pixel 3 leaks have revealed the XL variant's design, hardware specifications , benchmarking information , and even a potential October 4 release date . On the back, the single primary camera, is sure to carry the great legacy of Pixel devices if the leaks are true. We have long assumed that the Pixel 3 XL's two front cameras would be used for a more secure face unlock feature, but there's no mention of it in the settings.

Markets Sears Closing 46 More Stores
Author: 0 Sears Closing 46 More Stores

Sears and Kmart had about 3,500 stores when they merged in 2005, but now have only 900 US locations between them. One location in MI is on the chopping block: Sears at the Jackson Crossing Shopping Center off I-94 in Jackson. The only Michigan store on the list this time around is in Jackson, Michigan. The company is now headquartered in Hoffman Estates, Ill. ESL submitted a bid for the store's Kenmore and Sears Home Improvement businesses at a valuation of around $470 million, according ...

Markets Pompeo meets British counterpart on Russia, Iran
Author: 0 Pompeo meets British counterpart on Russia, Iran

TASS also reports that sanctions apply to six Russian vessels for violating US sanctions regarding North Korea. "Stubborn, blinkered and aggressive approach of the Americans towards the solution of bilateral and worldwide problems, is opposed to the calm, methodical work on a constructive agenda".

Markets Britain Pushes for More EU Sanctions Against Russia
Author: 0 Britain Pushes for More EU Sanctions Against Russia

Three other fake sites were created to look as if they belonged to the US Senate. Trump has repeatedly said he would like better ties with Moscow , but despite meeting President Vladimir Putin last month, relations have come under further strain as Washington announced new sanctions.

Markets Trump says asking SEC to consider ending quarterly earnings reports
Author: 0 Trump says asking SEC to consider ending quarterly earnings reports

Jay Clayton , Chairman of the Securities and Exchange Commission, listens during an interview with CNBC at the Sandler O'Neill + Partners Global Exchange and Brokerage Conference in NY, U.S., June 6, 2018. Either way we're talking about a very short-term period", Yardeni added. Experts have long asserted that the practice of companies publicly forecasting every quarter how they expect earnings to shake out puts too much stress on short-term performance and stock price gains.

Author: 0 Qatar promises $15 billion investment in Turkey

Turkey's banking watchdog on Wednesday also moved to crack down on shorting of the lira . The priest he wants being US -resident Islamic preacher Fethullah Gülen, who is accused of masterminding the 2016 military coup attempt, but that can not be a peg.

Markets Oil gains but darker demand outlook tempers gains
Author: 0 Oil gains but darker demand outlook tempers gains

At 10:45 am Singapore time (0245 GMT), ICE October Brent crude futures were up 32 cents/b (0.44%) from Monday's settle at $72.93/b, while the NYMEX September light sweet crude contract was 33 cents/b (0.49%) higher at $67.53/b. Crude oil output increased mostly in Kuwait, Nigeria, UAE and Iraq, while production showed declines in Libya, I.R. Iran, Saudi Arabia and Venezuela.

Markets Tesla's Musk Faces Class Action Suits Over Tweet
Author: 0 Tesla's Musk Faces Class Action Suits Over Tweet

Musk's email to Tesla employees posted on Tesla's website on the day of the tweet explained the rationale for the going-private plan, but Musk has yet to prove that the "funding secured" part of his tweet was true. When asked for comment, a Tesla spokesperson said to refer to Musk's blog post . Musk's tweet stunned investors, with many raising questions about his claim that funding for the venture had been secured.

Markets Erdogan says US ‘wrong’ to threaten Turkey after Trump doubles tariffs
Author: 0 Erdogan says US ‘wrong’ to threaten Turkey after Trump doubles tariffs

This prompted yet another tweet from President Trump , this time announcing the actual authorization of the doubling of tariffs on steel and aluminum for Turkey. The latest escalation between Ankara and Washington was denounced by the Turkish press, with pro-government daily Sabah saying "the currency attack" was no different from the attempted coup of July 2016.

Markets Snapchat loses three million users in three months
Author: 0 Snapchat loses three million users in three months

That's despite the introduction of a new model of Spectacles this quarter. Snap has tried to focus on developed markets with strong revenue potential, in contrast to Facebook's strategy of tailoring its apps for emerging markets that are contributing much of its new users.

Markets Elon Musk isn't kidding, Tesla board confirms TSLA could go private
Author: 0 Elon Musk isn't kidding, Tesla board confirms TSLA could go private

Tesla's board, a nine-member group that includes Musk's younger brother Kimbal, issued a belated statement Wednesday morning saying Musk had "opened a discussion" last week with the board about the benefits of taking Tesla private. Tesla's CEO also laid out what he envisions as the ideal path for going private. 'Basically, I'm trying to accomplish an outcome where Tesla can operate at its best, free from as much distraction and short-term thinking as possible, ' Musk wrote .

Markets Facebook Offers Banks Its Users for Their Data
Author: 0 Facebook Offers Banks Its Users for Their Data

The Wall Street Journal says that JPMorgan Chase , Wells Fargo , US Bank and Citigroup among others have been approached by Facebook to discuss potential offerings it could host on its messaging platform. And while the move could help Facebook's user engagement numbers - which were negative for the first time in its history has a public company last week - it comes with a slew of privacy concerns, exacerbated by the scandal surrounding data firm Cambridge Analytica in Spring 2018.

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