• Erdogan says Turkey to 'boycott' US electronic goods
Erdogan says Turkey to 'boycott' US electronic goods

Santosh Rao, head of research at Manhattan Venture Partners, said Erdogan's move to boycott American electronics and push Turkish consumers to Vestel phones might not work the way he thinks it will. "We will protect our economic independence by being tight-knit together". The Turkish leader had already said the US risks pushing a key North Atla...

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  • Saudi Arabias wealth fund in talks to invest in Tesla buyout deal
Saudi Arabias wealth fund in talks to invest in Tesla buyout deal

Musk tweeted on Tuesday that he had secured financing for a going-private deal, sparking speculation about who could fund such a large deal, particularly with the company's bonds rated junk by credit rating agencies. The briefs battle royale began after Einhorn's hedge fund said in a letter he was "happy that his Model S lease ended" and was rep...

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  • Theft of passenger plane spurs industrywide review of airport security
Theft of passenger plane spurs industrywide review of airport security

Last month, KGW went on a ride-along as the Oregon National Guard showed how they train for incidents like what occurred Friday night. Russell passed all the screening requirements for his tasks as a ground service agent, which range from handling baggage to towing airplanes, but he acknowledged during his in-flight radio exchanges with controllers...

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  • Ryanair strike set to affect Yorkshire holidaymakers
Ryanair strike set to affect Yorkshire holidaymakers

Germany , Ireland , Sweden , Belgium and the Netherlands are the countries in which pilots are striking, but which flights have been cancelled? Despite the walkouts, 85pc of its scheduled flights, more than 2,000, will operate as normal, Ryanair said .

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  • US ups metal tariffs on Turkey
US ups metal tariffs on Turkey

The foreign ministry also released a statement on Friday and warned the US that sanctions and pressure would only serve to harm ties between the two North Atlantic Treaty Organisation allies, adding Ankara would continue to retaliate as necessary against USA tariffs .

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  • Tech stocks take Nasdaq closer to record
Tech stocks take Nasdaq closer to record

The Dow and S&P 500 posted declines for the week following five straight weeks of gains, but the S&P 500 remains just 1.4 per cent below its record high from January 26. The S&P 500 and Dow ended down slightly on Thursday as gains in Apple AAPL.O and Amazon AMZN.O were offset by losses in energy and financial shares.

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  • United States to impose new sanctions on Russian Federation for nerve attack in UK
United States to impose new sanctions on Russian Federation for nerve attack in UK

Russia is already under US sanctions for its 2014 invasion of Crimea, and the Trump administration expelled 60 Russians from the USA and shuttered the Russian consulate in Seattle in response to the failed assassination attempt. congress went to the wire, leading to speculation that voters were turning against Donald Trump and could punish the ...

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  • Oil Prices Slide As China Imposes 25 Tariff On U.S
Oil Prices Slide As China Imposes 25 Tariff On U.S

US President Donald Trump has boasted that trade wars are "easy to win" and warned he would hit virtually all Chinese imports if Beijing does not back down and take steps to reduce its $335 billion surplus with the US. Customs will begin collecting the duties on 279 product lines, down from 284 items on the initial list, as of 23 August, the US T...

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  • Iran's foreign minister: USA will not stop Iran oil exports: newspaper
Iran's foreign minister: USA will not stop Iran oil exports: newspaper

Most Iranians see United States hostility as a basic fact of life, so their frustration is largely directed at their own leaders for not handling the situation better. The Iranian foreign minister also said the world does not pay attention to "impulsive tweeted diktats" by Trump. Mr Trump chose to restore sanctions against Iran despite pleas f...

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  • Elon Musk considers taking Tesla private
Elon Musk considers taking Tesla private

If Musk can't prove the allegedly secured funding at $420 per share, he may be accused of market manipulation or market fraud. Going private is one way to avoid close scrutiny by the public market as Musk and the company face those challenges.

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  • Iran nuclear deal: European Union shields firms from United States sanctions law
Iran nuclear deal: European Union shields firms from United States sanctions law

The nation's currency is collapsing, more than 100 global companies announced their intent to leave the country, and unemployment is rising. "We are very intent on using these authorities", a third USA official said, and will "use them aggressively".

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  • United Kingdom heatwave to continue as Europe roasts
United Kingdom heatwave to continue as Europe roasts

Holidaymakers heading to Spain and Portugal face more warnings of an extreme heatwave which could see the hottest-ever temperatures recorded in continental Europe . Portuguese weather forecasters said the hot air from North Africa also brought particles of sand, which tend to subdue maximum temperatures slightly.

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  • Dustin Poirier calls Nate Diaz the second biggest name he could've fought
Dustin Poirier calls Nate Diaz the second biggest name he could've fought

Many are expecting big fight announcements including Conor McGregor vs. Khabib Nurmagomedov . "If it's a money fight, pay me the money", Nurmagomedov said. Since then, McGregor's return to the UFC has been teased but the two sides couldn't come to an agreement. He blamed an unspecified lawsuit as a reason he was gone from the UFC for so lo...

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  • Apple’s Stock Value Reaches $1 Trillion Total
Apple’s Stock Value Reaches $1 Trillion Total

And if the trillion thing wasn't impressive enough, then get a bit of this - Apple's stock has risen more than 50,000% since it first listed in 1980. When the big screens arrived, demand was fierce, setting off what Wall Street has come to call an iPhone supercycle. Meanwhile earlier this morning Apple's stock hit $207.50, so it is likely tha...

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  • China Plans Tariffs on $60 Billion of U.S. Goods
China Plans Tariffs on $60 Billion of U.S. Goods

Beijing responded by imposing similar charges on the same amount of USA products. The Chinese government said Friday that it would impose duties of 25%, 20%, 10% and 5% on the products if the Trump administration follows through on threats to tax $200 billion of Chinese goods .

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  • Apple's Market Cap Hits $1 Trillion
Apple's Market Cap Hits $1 Trillion

The stock formally closed at $207.43, giving the company a valuation just a fraction north of $1 trillion. It is the first publicly-listed U.S. company to reach that milestone. Cook told analysts that Apple is on track to meet a goal of doubling fiscal 2016 services revenue by 2020. As with other landmarks - such as the Dow crossing 25,000 poin...

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  • Health alert issued for salads, wraps due to parasite concern
Health alert issued for salads, wraps due to parasite concern

All of the items identified in the new USDA report contained beef, pork and/or chicken - but it is the lettuce that officials are anxious about. The United States Department of Agriculture advised that romaine lettuce in the products might be contaminated with cyclospora , an intestinal illness caused by a microscopic parasite.

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  • Apple earnings beat expectations as it sells pricier iPhones
Apple earnings beat expectations as it sells pricier iPhones

By the time Apple takes the wraps off its new iPhones this fall, most people in the crowd will already be able to draw the phones from memory at the rate leaked images of the devices are appearing.A day after photos of dummy iPhone units popped up online , videos of those same two models are now circulating.

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  • Shhh: Harley-Davidson confirms 'twist and go' electric motorcycle for 2019
Shhh: Harley-Davidson confirms 'twist and go' electric motorcycle for 2019

These motorcycles will span across three different product spaces and four displacements, including an all-new adventure tourer, called the Harley-Davidson Pan America 1250, a 1250 Custom and smaller 975cc Streetfighter , all of which are slated to launch in 2020.

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"Mac Coin" commemorates Big Mac 50th anniversary

Beginning at lunch time on August 2, customers can pick up a MacCoin with each purchase of a Big Mac at 14,000 McDonald's locations. There will be a whole lot of them - more than 6.2 million - and the MacCoins will feature artwork that throws back across the decades of the Big Mac's history at McDonald's.

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  • Bitcoin Drops Below $8000 Due to ETF Rejection
Bitcoin Drops Below $8000 Due to ETF Rejection

After having a proposal rejected past year, the Gemini exchange founders had hoped to secure their Winklevoss Bitcoin Trust on BATS Global Market's BZX stock exchange with this latest attempt. What do you think of the denied proposal of the Winklevoss Bitcoin ETF? Through their Gemini company, they have sought to expand the market for b...

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  • State Board Revokes Spectrum-Time Warner Cable Merger, Citing 'Egregious Conduct'
State Board Revokes Spectrum-Time Warner Cable Merger, Citing 'Egregious Conduct'

It remains to be seen if other states will follow New York's example in attempting to hold broadband providers accountable for their service to residents across the United States. In response to the decision by the commission, Charter noted that it had extended its reach to "more than 86,000 NY homes and businesses", which is objectively less than ...

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  • Wall Street punishes scandal-hit Facebook
Wall Street punishes scandal-hit Facebook

The social network star - which has weathered storms over privacy and data protection - is now looking at cooler growth following a years-long breakneck pace. While privacy was an issue in Europe, politics played a role in North America, which is the company's most lucrative advertising market. "Weaknesses in AI are forcing ( Facebook ) to keep h...

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  • Donald Trump threatens North Atlantic Treaty Organisation ally Turkey with sanctions over detained U.S. pastor
Donald Trump threatens North Atlantic Treaty Organisation ally Turkey with sanctions over detained U.S. pastor

U.S. President Donald Trump said Thursday the United States would impose significant sanctions on Turkey over its detention of American Christian pastor Andrew Brunson and called on Ankara to immediately release him, the latest squabble between North Atlantic Treaty Organisation allies.

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  • Canada and Mexico optimistic about NAFTA talks despite trade tensions at G20
Canada and Mexico optimistic about NAFTA talks despite trade tensions at G20

President Donald Trump spoke warmly of Mexico's incoming leftist president on Monday, saying he expected to get "something worked out" on NAFTA, while a top Mexican official said there was scope to revive the trade talks this week. "The new president, terrific person", Trump said in a speech at the White House about American manufacturing. However...

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  • Trump and top European leader agree to work toward zero tariffs
Trump and top European leader agree to work toward zero tariffs

About one out of every three rows of USA soybeans is shipped to China , according to estimates. "Either a country which has treated the United States unfairly on Trade negotiates a fair deal, or it gets hit with Tariffs", Mr. Trade damage from such retaliation has impacted a host of USA commodities, including field crops like soybeans and sorghu...

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  • US and European Union agree to work on trade barriers
US and European Union agree to work on trade barriers

Trump has said current trade policy disadvantages US farmers and manufacturers, and supporters say USA tariffs slapped on billions of dollars of imports are a necessary step to negotiate better deals. The money comes from the Commodity Credit Corporation, a USDA agency founded in 1933. It has authority to borrow up to $30 billion from the Treasu...

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  • Iranian President Hassan Rouhani threatens to close Strait of Hormuz
Iranian President Hassan Rouhani threatens to close Strait of Hormuz

But Trump's bellicose, all-caps challenge addressed to President Hassan Rouhani followed a speech by Secretary of State Mike Pompeo in which he accused Iran's leadership of massive corruption and widespread rights abuses and urged Iranians to rise up in protest.

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  • China refutes U.S. allegations of currency manipulation
China refutes U.S. allegations of currency manipulation

The US imposed a 25% duty on Chinese goods worth 34 billion United States dollars in annual imports. MSCI's gauge of stocks across the globe gained 0.37 percent, helped by Asian markets. European Commission President Jean-Claude Juncker heads to Washington on Wednesday to meet with President Donald Trump and try to avert an escalation of tit-for-...

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  • Tesla plunges after report suppliers asked to hand back cash
Tesla plunges after report suppliers asked to hand back cash

Becoming profitable is clearly a top priority for Musk, who is juggling several highly ambitious companies at the moment, including both SpaceX and the Boring Company. It's down from a peak of $385 in September, with many investors growing concerned about Tesla's spending and its ability to meet its production goals.

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  • Mondelez Recalls Ritz Crackers on Salmonella Concern
Mondelez Recalls Ritz Crackers on Salmonella Concern

According to the recall list , some 15 types of packaged Ritz Crackers are affected, and people have been warned to discard the potentially contaminated snacks. Recalled products should be thrown out or returned to the store where they were purchased, CFIA said in a food recall warning. Healthy people infected with salmonella often experience fe...

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  • Trump threatens tariffs on all US$505 billion of Chinese imports
Trump threatens tariffs on all US$505 billion of Chinese imports

In particular, the Fed's most recent rate hikes could dilute some of the benefit of the tax cuts Trump signed into law previous year. The Fed has raised interest rates five times since Mr Trump took office in January 2017, with two of those coming this year under Chairman Jerome Powell , the president's pick to replace Janet Yellen.

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  • 'Not thrilled' with interest rate hikes
'Not thrilled' with interest rate hikes

Trump complained that China's currency is "dropping like a rock". "They're picking the wrong customer, I'll tell you that - you know how intense he is on this issue", he said, adding: "Xi seems to think if he waits out the November elections, Trump will be weakened and therefore will lighten the bite".

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  • Donald Trump: I’m Not Thrilled by Federal Reserve Raising Interest Rates
Donald Trump: I’m Not Thrilled by Federal Reserve Raising Interest Rates

In an interview with CNBC he declared himself unhappy that Fed Chairman Jerome Powell keeps raising rates. "Every time you go up they want to raise rates again", Trump complained. "So somebody would say, 'Oh, maybe you shouldn't say that as president.' I couldn't care less what they say because my views haven't changed", he said.

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  • Thailand rescue diver could sue Elon Musk for calling him a 'pedo'
Thailand rescue diver could sue Elon Musk for calling him a 'pedo'

Diver Vernon Unsworth was instrumental in the rescue, and he said that Musk's attempt to build a small submarine for the rescue effort was a " PR stunt " that had no chance of working. Unsworth concluded this portion of the interview by claiming that Musk had been quickly asked to leave the cave during his much-tweeted-about visit.

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  • Closures in Alaska leave U.S
Closures in Alaska leave U.S

They even have floppy disks and old computer systems, Harding told CNN . With the closures, Blockbuster will be down to just one location left open in the entire USA: a store in Bend, Oregon . And, she added, they plan on sticking around. But Daymude said it wasn't enough to counter a planned increase in the cost of his lease. The compa...

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  • Tesla hits 200,000 cars, meaning a lower tax credit for EV buyers
Tesla hits 200,000 cars, meaning a lower tax credit for EV buyers

One of Tesla's most influential shareholders is giving Elon Musk an earful about the turmoil surrounding him and the electric-car maker in recent weeks. Yeah, I've been sleeping on the factory floor, not because I think that's a fun place to sleep. And its announcement said nothing about how it will pay for the venture.

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  • Tesla plans Chinese plant with 500,000-vehicle capacity
Tesla plans Chinese plant with 500,000-vehicle capacity

Tesla follows Harley-Davidson Inc.in expanding outside the U.S., underscoring the urgency with which companies are moving to avoid damage from escalating trade disputes. In response to the 25 per cent tariff the US implemented on $34 billion worth of Chinese imports, the Asian superpower bumped its tariff on electric cars from 15 per cent to 40 pe...

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  • Five countries agree to follow Iran nuclear deal
Five countries agree to follow Iran nuclear deal

In another phone call to German Chancellor Angela Merkel, Rohani said the European economic measures are " disappointing ", the Tasnim news agency reported. Washington has since told allies they must stop buying the OPEC producer's oil from November 4 or face financial consequences. As tensions grow, the USA president is demanding that all coun...

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  • Iran oil minister: No change in production, export
Iran oil minister: No change in production, export

Iran has threatened to block oil exports through a key Gulf waterway in retaliation for U.S. efforts to reduce Iranian oil sales to zero. Donald Trump has insulted OPEC member states by ordering the organization to reduce prices, the Iranian oil minister stated, responding to the U.S.

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  • Trade Wars: Trump loads first volley against China
Trade Wars: Trump loads first volley against China

China has sought the moral high ground during the increasingly bitter build up to the trade war by positioning itself as a champion of free trade but state media has now ramped up the rhetoric against the US President. The Trump administration drafted its initial tariff list to spare consumers, and numerous products that American families purchase ...

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  • Mexican voters to pick president and more than 18,000 other officials
Mexican voters to pick president and more than 18,000 other officials

Lopez Obrador spoke to the crowd there around midnight, saying to loud applause: "Today one stage has ended and we are going to begin another one - we are going to transform Mexico!" We are always going to seek for there to be an agreement.

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  • Prepared to work with nations that are reducing oil imports from Iran
Prepared to work with nations that are reducing oil imports from Iran

Referring to reports that Saudi Arabia may increase its oil exports to replace Iranian oil in world markets, Jahangiri said: "Anyone trying to take away Iran's oil market (share) would be committing great treachery against Iran and will one day pay for it".

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  • Rouhani: Iran to stick to nuclear deal if interests are preserved
Rouhani: Iran to stick to nuclear deal if interests are preserved

The Paris-based NCRI is a collection of Iranian opposition groups that backs the overthrow of Iran's clerical leadership. Dozens of European companies have already dropped plans for investment in Iran, including the French oil giant Total.

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  • German interior minister 'offers to resign' over migrants
German interior minister 'offers to resign' over migrants

Merkel rejects any unilateral moves, which she says would undermine the EU's Schengen open border system. To politically survive, Merkel could attempt a minority government, seek a new coalition partner in the ecologist Greens or pro-business Free Democrats, or orchestrate a no-confidence vote in parliament that could trigger new elections.

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  • Magic Johnson's late push swayed LeBron James' move to Los Angeles
Magic Johnson's late push swayed LeBron James' move to Los Angeles

James is reportedly unlikely to visit other teams or take an audience with suitors - even the Cavaliers - as he did in past free agent circuits. He had a non-guaranteed $1.5 million deal for the upcoming season with a $1.6 million team option for 2019-20.

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  • Amazon moves to disrupt pharmacy sector with new acquisition
Amazon moves to disrupt pharmacy sector with new acquisition

The startup, which was founded in 2013, ships medications to people in the United States in pre-sorted dose packaging and caters to people who take multiple prescriptions a day. The service is aimed at people taking more than one prescription drug every day. PillPack, which is closely held, also has software that automates many routine pharmacy t...

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  • Trump Threatens To Hit Harley-Davidson With Taxes If It Moves Overseas
Trump Threatens To Hit Harley-Davidson With Taxes If It Moves Overseas

On Monday, Harley-Davidson in its US Securities and Exchange Commission (SEC) filing had said that the new retaliatory tariffs by the European Union (an increase from six per cent to 31 per cent) will result in an incremental cost of approximately $2,200 on an average motorcycle exported from the US to the 28-member trading bloc.

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  • Trump revs up Harley-Davidson fight into second day
Trump revs up Harley-Davidson fight into second day

Trump has regularly pointed to Harley-Davidson as an example of a USA business harmed by trade barriers. In response to the USA tariffs , the European Union began charging import duties of 25 percent on a range of US products including big motorcycles like Harley's on June 22 .

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  • Ways Donald Trump Made Harley-Davidson a Target
Ways Donald Trump Made Harley-Davidson a Target

Harley-Davidson Inc. sold nearly 40,000 motorcycles in the European Union a year ago, generating revenue second only to the United States, according to the Milwaukee company. The company provided no details of the number of jobs that would be lost as a result of the production change. "The EU is attempting to punish USA workers with unfair and ...

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