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Macron, Trump may have digital tax war collective bargaining in 2020

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The White House said the two leaders "agreed it is important to complete successful negotiations on the digital services tax". And neither a White House spokesman nor officials from the U.S. Among the products targeted with tariffs would be wine, cheese, and makeup. Finance Minister Bruno Le Maire said talks with the USA had been "very difficult" and France had made a number of concessions, including delaying the actual tax payments to give the OECD time to act. Read More »

Prime Minister Imran to speak at World Economic Forum

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Among the speakers of this year's gathering are the U.S. President Donald Trump , German Chancellor Angela Merkel , President of the European Central Bank Christine Lagarde , activist on climate and ecological issues Greta Thunberg , and others. Read More »

United Kingdom troops could police a ceasefire in Libya conflict, says Boris Johnson

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U.N. Secretary-General Antonio Guterres said that the committee would be convened "in Geneva in the coming days". The EU has deployed a naval mission, Operation Sophia, into the Mediterranean to monitor the United Nations arms embargo on Libya as well as combat migrant smuggling from the country, but Italy believes its presence only encourages migrants to set out for its shores from northern Africa. Read More »

Toyota to move Tacoma truck production to Mexico from US

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The company invested $1.3 billion at the Princeton, Indiana plant to make the changes and will add 550 new jobs at the site. The automaker is in the midst of a $13 billion investment plan for its US operations during a five-year period through 2021. Read More »

China launches bid to phase out single-use plastics

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China on Sunday released an ambitious plan to ban or significantly reduce the production and use of environmentally unfriendly plastic products in the next five years to contain pollution. Disposable plastic products should not be "actively provided" by hotels by 2022. Last year, Shanghai launched China's most ambitious garbage separation and recycling programme ever, with a plan to roll it out across other cities. Read More »

Over 2,000 individuals richer than 4.6b

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A recent report by the NGO Oxfam has brought to the fore the wide gap which exists between India's rich and poor. Again, there is not just one Buchu Devi, but millions around the world. The researchers estimated that if the richest 1% paid another 0.5% in annual taxes on their wealth over the next decade, the money collected could create 117 million jobs in health, education, and care for the elderly and children. Read More »

Egypt's Sisi arrives in London ahead of UK-Africa summit

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On the margins of the Summit, President Akufo-Addo would hold talks with the Prime Minister and meet UK Government Cabinet Ministers, including the Foreign Secretary and the Development Secretary. President Uhuru Kenyatta is expected to make a fresh pitch for his Big four agenda projects at the inaugural UK-Africa Investment summit which kicks off Monday. Read More »

Best Buy board investigates CEO Barry over allegation of inappropriate relationship

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The probe was prompted by an anonymous letter that the company received. In an email statement to Reuters, its spokesperson said, "We encourage the letter's author to come forward and be part of that confidential process". Both Ms. Barry and Mr. Sanft joined Best Buy about 20 years ago and rose through the leadership ranks. However, Best Buy declined to reveal the details of the leader. Read More »

Washington Post's Rejoinder For BJP Leader Who Targeted Jeff Bezos

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Bezos, who recently announced to invest $1 billion to digitise the medium and small enterprises, delivered a package to a kirana store (corner store) on Saturday as part of his expanding e-commerce business. In 2018, India introduced laws barring foreign-owned e-commerce businesses from selling their own inventory and requiring them to be neutral marketplaces, forcing companies such as Amazon to only sell third-party goods from independent sellers. Read More »

The second-biggest diamond ever found will become Louis Vuitton jewelry

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Lucara Diamond Corp ., which found the 1,758-carat Sewelo diamond at its Botswana mine a year ago, said it's struck a deal with the luxury brand and Antwerp diamond manufacturer HB Company. After the stone is cut and polished by HB Co., a diamond manufacturer in Antwerp, Belgium, it will be transformed into a collection of jewelry, further broadening parent company LVMH's expansion in the jewelry market with its $16.2 billion acquisition of Tiffany & Co. Read More »

Jack Dorsey asks Elon Musk how to fix Twitter. Here's Musk's reply

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According to a video of the conversation posted by a Twitter employee , Musk said it would be "helpful to differentiate" between real and fake users. He was sued final 12 months by British cave diver Vernon Unsworth, whom Musk described as a "pedo man". And this chatter is regarding the fact that most of the people on Twitter want an edit button. Read More »

Tesla unintended-acceleration claims are getting NHTSA review

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It will conduct a technical analysis, and the Office of Defects Investigation will deny the petition or open a defect investigation, which could eventually lead to a recall. People who file complaints with NHTSA are not identified in the agency's database. The driver asked NHTSA to find out whether the Tesla complaints had common elements, including parking or making turns at low speeds. Read More »

European shares at record high as cross-Atlantic trade tensions abate

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Mr Hogan said Ms von der Leyen came out of that meeting thinking "we have to prioritise" on aspects of the agreement if the United Kingdom is to exit the transition period at the end of 2020. "I certainly haven't been briefed", he said. Mr Hogan sharply criticised the Trump administration's invocation of national security to apply duties in 2018 on EU steel and aluminium, and threaten similar levies on European cars and auto parts. Read More »

Turkey releases images of alleged Carlos Ghosn accomplices

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The lawyers said that Nissan's complaints were biased and that it never questioned Ghosn about them. A lawyer for Carlos Ghosn, Nissan's former chairman who skipped bail in Japan and fled to Lebanon, on Friday slammed a gaffe by the Japanese justice minister who said that Ghosn should "prove" his innocence. Read More »

Finally! Genesis Officially Has its First SUV, the GV80

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It also claims to use an advanced active noise control technology to minimize road noise. The GV80 also includes 10 standard airbags, including a centre-mounted airbag between the front occupants. Genesis says that the interior of GV80 focuses on "the beauty of white space", characteristic of the elegant South Korean architectural philosophy. Read More »

Carlos Ghosn's lawyer Hironaka resigns

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In an emailed statement, Hironaka said that everyone involved in the case at his practice had resigned. Takashi Takano, another attorney on Ghosn's three-person squad, also quit Thursday, an official at his office said. Ghosn, who has signed an global team of lawyers, has declared himself willing to stand trial in Lebanon. Nissan also said that Ghosn obtained compensation from a venture company in the Netherlands set up Mitsubishi Motors Corp ., a smaller Japanese automaker with which ... Read More »

Morgan Stanley eyes 1 million wealth management clients from stock plans

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US stock indexes have hit record highs, with the S&P 500 crossing the 3300 mark for the first time, as upbeat earnings from Morgan Stanley and a tech rally added to optimism from an initial US-China trade deal. The financial services provider reported $1.20 EPS for the quarter, topping the Zacks' consensus estimate of $0.98 by $0.22, RTT News reports. Trading revenue increased 33% to $2.31 billion. Read More »

China's GDP growth at 6.1%, lowest in 29 years

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The moderation in full-year growth reflected lower demand for Chinese goods, which has been dampened by the trade war with the USA, and weaker global electronics orders, according to Rajiv Biswas, Asia chief economist at IHS Markit. In 2019, the birth rate stood at 10.48 per 1,000 people, according to data from the National Bureau of Statistics. One factor in that is likely to be the weak growth in incomes in 2019. Read More »

Israel begins gas exports through Egypt in energy milestone

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The deal is expected to boost regional ties, and Egypt hopes the new agreement will help it become a regional energy hub . The move comes two weeks after natural gas started flowing from the Leviathan gas field , one of the largest natural gas fields discovered in the world. Read More »

Google Owner Hits $1T Mark

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Shares in the online giant rose 0.76 percent for the day to reach the trillion-dollar mark at the close of trade. Apple and Amazon both surpassed the trillion-dollar threshold in 2018, while Microsoft achieved the feat in April a year ago. Read More »

China's 2019 economic growth weakens amid trade war

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The impact of the trade row between Washington and Beijing previous year is likely to show up in China's official 2019 economic data, set to be released at 0200 GMT. Growth in the last quarter of 2019 equaled the 6.0% logged in the July-September period. Softening domestic demand and U.S. tariffs have eaten into growth - but some analysts argue that the trade war may have actually helped the Chinese economy. Read More »

Bound flight returns to Newark after flames seen by wing

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Another passenger, Nicole Adamo, also opened up about the flight on Twitter, calling it the " most terrifying experience " of her life. United said the flight made the emergency landing due to a 'mechanical issue'. The flight eventually departed around 2 a.m. on Thursday, roughly seven hours behind schedule. "He said that we were fine but would be going back to New Jersey", she said. Read More »

Softbank-funded hotel firm Oyo lays off 10pc of India staff

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The priorities outlined are telling on where Oyo has gone wrong, and beg the question: Will this go down as a dark chapter in Oyo's history, or will Oyo be history? In India the company has let go of around 1,200 employees and plans to shed a similar number in the next four months, according to media agencies. Read More »

NRF: Holiday retail sales up 4.1%

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NRF reported that December retail sales were up 0.5% from November to December on a seasonally adjusted basis and up 2.1% on an unadjusted basis rose 6.7 annually%. That was the fifth straight decline and evidence of the change in Americans' shopping habits. Sales from electronics and appliances retailers were down by 0.7% from December of 2018, but for the entire year those electronics sales were down by 3.5%. Read More »

Wells Fargo Shareholders Have Been Left Behind in Stock-Market Rally

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Wells Fargo reported disappointing results for the last three months of 2019, sending shares lower. Dimon highlighted China as a key growth market, noting that past year it became the first U.S. It's still early in earnings season, but this is likely to be among the worst in the sector. Commercial losses increased $64 million largely driven by lower recoveries and higher lease financing losses primarily related to railcar leases. Read More »

Tesla says plans to open China design and research center

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Its been an awesome run for the electric automaker to close out the final quarter of 2019. The electric vehicle maker hits one of its most aggressive growth due to sales and earnings, and it just needs to reach an average of $100 billion for the first half of this year. Read More »

India, U.S. Closer To Resolving Some Trade Issues: Piyush Goyal

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As Bezos spoke to the Delhi summit, independent shop owners took to the streets with placards alleging that Amazon was already driving them out of business by drastically undercutting their prices and favouring large retailers. Amazon and Walmart's WMT.N Flipkart are facing mounting criticism from India's brick-and-mortar retailers, which accuse the US giants of violating Indian law by racking up billions of dollars of losses to fund deep discounts and discriminating against small sellers. Read More »

Google Begins Rolling Out New Clothing Shopping Feature on Search

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Here's what one of Pointy's barcode scanner add-ons looks like . The search could also take other steps to expand adoption of Pointy's platform among store operators. Google said Tuesday that it's acquiring Pointy, makers of a platform that lets small business brick-and-mortar retailers list their in-store product inventory online. Read More »