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China's Didi suspends Hitch ride-sharing service after female passenger killed

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Didi said that the murder suspect had no prior criminal record, had provided documentation, and passed a facial recognition test before starting work. The hitch ride sharing function allows vehicle owners to provide taxi services. As the Post noted, just three months ago a driver killed another female Didi Hitch passenger in Henan province. Read More »

China studies 'White Trash' to understand Trump

But this has changed, after Beijing accused Trump of backing out of a deal the Chinese negotiators believed they had struck in Washington in May to lower the trade surplus and avoid further tariffs. "We've now come out of the other side of that process with Mexico, and we hope Canada can now join that process". The provision started out as a USA demand for 85 per cent regional content, with 50 per cent coming from U.S. Read More »

Citigroup Stands to Win From Mexico Trade Deal

President Donald Trump wants to sign a new trade agreement with Mexico and toss the name "NAFTA" into the dustbin of history. A spokesman for the Canadian foreign minister said they had been in touch with NAFTA negotiators, and added: "We will only sign a new NAFTA that is good for Canada and good for the middle class". Read More »

Toyota to invest $500 million in Uber

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The agreement came as the smartphone-summoned ride service is throttling back its solo effort to develop autonomous vehicle technology. The combined technology will be built into Toyota's Sienna minivans, to be deployed on Uber's ride-hailing network starting in 2021, Uber said. Read More »

4 takeaways from the U.S.-Mexico trade deal

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Trump is expected to send formal notice to the U.S. Congress by the end of the week about his intentions to sign a new trade agreement within 90 days, which would give Mexico's Pena Nieto time to sign it before he leaves office, the senior U.S. Read More »

Dershowitz: 'Greatest Risk' to Trump Is From NY Prosecutors, Not Mueller Probe

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The Bermudian journalist is one of many reporters who the U.S. President has criticized, with President Trump frequently complaining about the media, and even labeling the press as the "enemy of the people" on multiple occasions. "And if he listened to those four things, he'd be in less trouble than he is today", Dershowitz said. Sam Nunberg, a former Trump campaign adviser who worked with Cohen, said the President's erstwhile consigliere is simply not credible. Read More »

DA looks at charges against Trump Organization — NY Times

While it's not a crime to pay someone to keep quiet, the Justice Department says the hush money payments arranged by Cohen to hide allegations of Trump's extramarital affairs were actually unreported campaign contributions meant to influence the outcome of the election. Read More »

Saudi SWF seeks massive bank loan as Aramco's IPO is delayed

Speaking on condition of anonymity, he said that only a military base has been hit during the attack. The expression of solidarity and support by Saudi Arabia is in continuation of the goodwill gestures demonstrated by the Kingdom and its leadership ever since the conduct of general election in the country. Read More »

Alibaba to monitor crypto transactions as China tightens grip

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Beijing News , a media outlet administrated by the Communist Party, reported Friday that Ant Financial is beefing up efforts to monitor both merchant and customer accounts, as well as notable sites that integrate the Alipay gateway to facilitate over-the-counter ( OTC ) crypto trading. Read More »

World Bank to Launch First Ever Blockchain Bond Next Week

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CBA Executive General Manager James Wall explained the bond process to Reuters earlier in August. The World Bank issue , which is managed by CBA, is the first bond offering made directly to the public. The bond-i bond forms part of a broader strategic focus of the World Bank to harness the potential of disruptive technologies for development. These seven were the Commonwealth Bank of Australia , Northern Trust, First State Super (a local pension fund), as well as three different state ... Read More »

Superdelegates Now Have Less Power, Thanks to DNC Vote

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Supporters of former presidential candidate Bernie Sanders have been pushing superdelegate reforms, on the theory that Sanders would have secured the presidential nomination in 2016 had it not been for the 15% of delegates who operate outside the primary and caucus system - all of whom were firmly in Hillary Clinton's camp. Read More »

Tesla factory gets fire in California, no injuries

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No injuries have been reported and only about a quarter acre of grass has burned. A small fire at Tesla Motors' Fremont, California, factory. San Francisco: A fire broke out near electric carmaker Tesla's production plant in Fremont, California and threatened a nearby structure, the media reported. Read More »

Aberdeen landed with worst airport rating for fourth year

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London Luton was rated the worst airport in the United Kingdom, with all of the nation's large airports criticised for long queues at both security and passport control. But passenger experiences at the UK's largest airport depended on which terminal they used, with Heathrow T3 being down at 55%. Passengers complained of a lack of seating, long waits at baggage reclaim and the limited range of shops and food outlets. Read More »

Procter and Gamble Wants to Trademark WTF, LOL, Other Acronyms

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P&G in April registered the trademark applications with the US Patent and Trademark Office. The trademark applications for the acronyms indicates they would be used for marketing "nonmedicated liquid soap, dishwashing detergents, hard surface cleaners and air fresheners ". Read More »

US dollar declines amid Fed Chair Powell's speech

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In immediate focus was the speech by the Fed's Powell to be given later on Friday at the Jackson Hole , Wyoming, meeting of central bankers. "I believe that this gradual process of normalization remains appropriate". remains appropriate". "I was a little surprised that he left out trade tensions, explicit Fed independence and even a more detailed discussion of inflation or wage growth dynamics, instead focusing on long-term forecasting uncertainties", Greg Daco of Oxford Economics ... Read More »

A look inside dramatic Trump-Cohen rift

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Mr Weisselberg, Chief Financial Officer, is the latest to get immunity. Prosecutors said that Mr Cohen had been reimbursed for his role in the payments through a $35,000 monthly retainer arranged by executives at the Trump Organisation. Read More »

Ryanair charge shake-up means fliers will pay for light luggage

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A further 30 per cent already travel with only one free carry-on bag. From November, Ryanair will only permit cases in the cabin for those who pay a £6 priority boarding fee . If your bag is this size, 40 x 20 x 25cm (20,000 cm³), you can take it on board. Then they introduced the biggest load of bullshit I've ever seen: priority boarding. Read More »

Amazon's new FC Ambassador program shows company reputation worries

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The Amazon FC Ambassadors were initially called out by a Twitter user, who immediately suspected they were an army of automated bots. The FC ambassadors paint a very different picture of life inside Amazon's warehouses. An employee collects items ordered by Amazon.com customers through the company's two-hour delivery service Prime Now in a warehouse in San Francisco, California, U.S., December 20, 2017. Read More »

US SEC to review decision denying bitcoin ETF applications

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The crypto investors and worldwide Bitcoin ( BTC ) community members are waiting for a final decision form the SEC, but due to the regulator's negative view on other Bitcoin ETF proposals , they are not very positive. "In addition, CFE President and COO have recently confirmed in a letter to the Commission staff that the current Bitcoin futures trading volumes on the CBOE Futures Exchange and CME may not be sufficient to support ETFs that are long or short Aim for 100 [percent] to ... Read More »

Crude oil higher as United States inventories fall

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API data has contrasted with gains in USA crude oil and gasoline inventories reported by the EIA and lead to major swings downward for the price of oil. Before the EIA report, benchmark West Texas Intermediate (WTI) crude for October delivery traded up about 2.2% at around $67.28 a barrel, and it dropped to around $67.05 (up about 1.8%) shortly after the report's release. Read More »

Mexico and U.S. near resolution on issues holding up talks — NAFTA

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Seade said he and Lighthizer last week began discussing a new approach to review the trade pact, that would have longer periods between reviews, providing more certainty for business investments. "We've adjusted very well the focus, but without changing the content, the substance, and we've arrived at a solution that should be satisfactory for everyone", Seade said. Read More »

Face Recognition Nabs Fake Passport User at US Airport

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A man using a French passport to try and enter the US had his real ID in his shoe, according to Customs and Border Protection. The 26-year-old man, who was traveling from Sao Paulo, Brazil , handed the CBP officer a French passport, but the new face-detecting equipment confirmed he didn't match the passport photo. Read More »

Supreme Court says it won’t hear GTA real estate data case

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In its decision, it noted that the data in question was already available to TREB's thousands of realtor members, who in turn can release it to up to 100 clients at one time. The public can get such numbers now by turning to real estate agents and brokers, who have access to the Multiple Listing Service database, where sales data is compiled when deals close. Read More »

Trump Organization CFO Allen Weisselberg reportedly granted immunity

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Trump's financial guy, the highest ranking Trump Org exec not named "Trump", was granted immunity by federal prosecutors in NY to provide information about Michael Cohen in that criminal investigation. Michaels Cohen's attorney clarified the record, saying his client does not know if President Trump knew about the Trump Tower meeting (out of which came nothing!). Read More »

Saudi Arabia confirms commitment to Aramco listing

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Khalid al-Falih, the Saudi energy minister, said Thursday in a statement that the government was committed to the Aramco IPO "at a time of its own choosing when conditions are optimum". A third industry source said the IPO had been called off for the time being but that it could be revived in future, if appropriate. "Lawyers, bankers, and auditors had already been involved in drafting the prospectus, and White & Case had been lined up as a legal adviser, according to Reuters " sources. Read More »

Northern Oil & Gas, Inc. (NOG) Shares Sold by BNP Paribas Arbitrage SA

Technical Analysis of AGNC Investment Corp. The stock traded with the average Volume of 1.93 Million at the end of last session. This performance is snap optimistic view of last week. has a P/S, P/E and P/B values of 0, 0 and 4.5 respectively. Energy Transfer Partners, L.P. Moving averages can be very helpful for identifying peaks and troughs. Read More »

Markets rise on rate outlook from Fed chairman

It has also notched up braod gains over the Russian Rouble and Brazilian Real as well as a host of Asian currencies. "This is good news, and we believe that this good news results in part from the ongoing normalization process, which has moved the stance of policy gradually", Powell said. Read More »

Scotland's finances improving as deficit reduces, figures show

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The latest Scottish Government Expenditure and Revenue Scotland (GERS) statistics for 2017-18 showed that the country spent £13.4bn more than it raised, including a geographic share of North Sea oil revenues. She said it was being discussed at party meetings. Scotland contributed 8.0% of United Kingdom tax and received 9.3% of United Kingdom spending in 2017-18 (Scotland's population share was 8.2% in mid-2017), demonstrating how Scotland receives secure and stable levels of spending ... Read More »