• Bank warns of 'moderate' growth as it keeps interest rates at 0.25%
Bank warns of 'moderate' growth as it keeps interest rates at 0.25%

The most recent data puts wage growth was at 2.2 per cent, which is expected to slow further this year before picking up to 3.75 per cent by the end of 2019, according to the Bank. BOE preview: Investors may also see a hawkish tone emerge from the BOE, given inflation is running above its 2% target, the labor market is tight and there have been ...

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  • Christian governor of Jakarta jailed for blasphemy
Christian governor of Jakarta jailed for blasphemy

Ahok was detained immediately after the verdict and taken to Cipinang detention facility in East Jakarta . The court's decision comes as a surprise to many, given prosecutors had only called for downgraded charges and the much lighter punishment of a year's suspended sentence on charges of hate speech.

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  • Tunnel with nuclear waste collapses in Washington state
Tunnel with nuclear waste collapses in Washington state

The tunnels were constructed of wood and concrete with a soil covering approximately 8 feet deep. A site area emergency is limited to the boundaries of the Hanford site but could affect staff beyond the immediate facility. Hanford produced plutonium fuel for the U.S. military for four decades, according to the U.S. Department of Energy . Mos...

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  • French stocks soar to near-decade highs as Macron tops poll
French stocks soar to near-decade highs as Macron tops poll

Some Twitter accounts attempted to drum up support for Le Pen by recycling Hillary Clinton's hashtag #ImWithHer. "I am the presidential candidate", Le Pen said on Monday. Macron is far more likely to advance United States interests, including strengthening North Atlantic Treaty Organisation, as well as help lead European Union efforts to curb Russi...

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  • Leaked Trump draft order blames NAFTA for 'massive' wealth transfer from US
Leaked Trump draft order blames NAFTA for 'massive' wealth transfer from US

It removed tariffs and allows a free flow of goods between the United States, Canada and Mexico. "Any disruption to the integrated supply chain that has been achieved under NAFTA could challenge the outperformance of the North American auto industry, including the potential job losses for some of the almost 2 million positions at plants in the Un...

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  • Police injured in clashes with Paris May Day protesters
Police injured in clashes with Paris May Day protesters

Meanwhile, Le Pen drew ridicule in the press and on social media Tuesday for using chunks of a speech by defeated center-right nominee Francois Fillon , word-for-word, during a rally, in what her campaign said was an attempt to lure the former prime minister's voters.

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  • DCMF takes part in press freedom day workshops
DCMF takes part in press freedom day workshops

Free, diverse and independent media are indispensable to promoting and protecting democracy worldwide. "Here in the Kurdistan Region, in the imitation of undemocratic and freedom oppressing countries, media freedom and the free media have been sanctioned, and constrained", Diyari Mohamad, Metro's deputy head said in a statement.

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  • United Airlines settles with man dragged off airplane
United Airlines settles with man dragged off airplane

Lawyers for Dr. David Dao announced he's reached an "amicable settlement" with United Airlines on Thursday. Passengers can also get up to $10,000 if they volunteer to take a later flight. The incident arose from a common air travel issue - a fully booked flight. "I sincerely hope that all other airlines make similar changes and follow Unite...

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  • Tomorrow is your last chance to spend old paper £5 notes
Tomorrow is your last chance to spend old paper £5 notes

The old paper £5 note is being withdrawn from circulation by the Bank of England. It said some other banks and building societies may still accept the old paper £5 notes for a limited period at their own discretion. The address is: Department NEX, Bank of England, Threadneedle Street, London EC2R 8AH. In future, banks and building societies may...

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  • UFC Launches Women's Flyweight Division With New Season Of The Ultimate Fighter
UFC Launches Women's Flyweight Division With New Season Of The Ultimate Fighter

The 115-pound strawweight division was added through the 20th season of " The Ultimate Fighter " in 2014. Sports that the announcement was premature and that the UFC is merely considering adding its fourth women's division. "The season will also be open to females on the current UFC roster that can successfully make 125-pounds throughout the dura...

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  • Energy propels Canadian exports to record high in March
Energy propels Canadian exports to record high in March

The Commerce Department said the trade deficit narrowed to USD43.7 billion in March from a revised USD43.8 billion in February. Imports had risen in recent months on higher oil prices. President Donald Trump is poised to renegotiate the North American Free Trade Agreement, which links Canada, Mexico and the United States, and has threatened to pu...

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  • Apple CEO Cook: Rumor Mill Causes a Pause in iPhone
Apple CEO Cook: Rumor Mill Causes a Pause in iPhone

Barclays PLC lowered shares of Apple from an overweight rating to an equal weight rating and cut their price objective for the stock from $119.00 to $117.00 in a report on Tuesday, January 24th. Consensus analyst estimate is at $52.97 billion, at the higher end of that range. The world's most valuable tech company is apparently having a pilot s...

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  • Passenger dragged off United Airlines flight reaches settlement
Passenger dragged off United Airlines flight reaches settlement

In the news announcement, which circulated on Twitter , Dao's attorneys say United "has taken full responsibility for what happened on Flight 3411". Calling his client "the unintended champion" for airline changes, Demetrio hoped other airlines would follow United's lead and reevaluate their procedures.

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  • Brokers Issue Forecasts for Caterpillar Inc.'s Q2 2017 Earnings (CAT)
Brokers Issue Forecasts for Caterpillar Inc.'s Q2 2017 Earnings (CAT)

The analysts offering Earnings Estimates for the company were believing that Caterpillar Inc . Caterpillar (NYSE:CAT) last issued its earnings results on Tuesday, April 25th. Caterpillar also was the target of some unusual options trading activity on Thursday. Stock investors bought 8,585 put options on the stock. This is an increase of 477% ...

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  • Are VW looking to sell Ducati?
Are VW looking to sell Ducati?

VW has reportedly started reaching out to potential buyers for Ducati , including Hero MotoCorp and a few China-based companies. Audi and Evercore refused to comment. It was only October a year ago that VW Group Chairman Hans Dieter Pötsch denied rumors that the Volkswagen Group could sell Ducati , Scania or Man.

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  • Marissa Mayer to make $186 million
Marissa Mayer to make $186 million

For Ms. Mayer, that includes stock options valued at more than $85 million and Yahoo shares valued at almost $77 million at Tuesday's closing share price of $48.40, according to the information in the filing. Mayer admitted that year the company had only started investing in mobile in 2013 and was "late" and "behind". However Mayer would be well ...

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  • Saudi oil minister says production cuts may need to continue
Saudi oil minister says production cuts may need to continue

June WTI, the new front-month, was changing hands around $50.74, 3 cents higher than its previous day's close. The accord last year between OPEC, Russia and 10 other producers was meant to boost prices by eliminating an inventory surplus of about 300 million barrels over the five-year average - equivalent to three days of global oil production.

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  • Obama criticised for '$400000 Wall Street speech'
Obama criticised for '$400000 Wall Street speech'

He condemned high rewards paid to bank officials, and said Wall Street shared fault for the 2008 monetary emergency. Sources revealed to Fox Business that the former president has already signed the contract with the financial services firm to appear at their company event.

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  • FCC Chair to Discuss Net Neutrality Strategy Wednesday
FCC Chair to Discuss Net Neutrality Strategy Wednesday

Net neutrality rules enacted during the Obama administration basically prevents broadband providers from playing favorites or steering users toward (or away from) particular internet sites. The FCC's job, he said, "is to make sure our rules change to keep up with the times". Pai did not give a specific date but said it will be for Class C and D s...

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  • HSBC Reiterated Barclays PLC (LON:BARC) As 'Buy'
HSBC Reiterated Barclays PLC (LON:BARC) As 'Buy'

According to an update released by analysts at Jefferies & Co the broker has now set a "Buy" rating on shares of NMC Health PLC (LON:NMC) with a price target of 2200. After $0.75 actual EPS reported by Archer Daniels Midland Company for the previous quarter, Wall Street now forecasts -17.33% negative EPS growth. Two analysts have rated the stock wi...

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  • Trump eyes changes to Obama's tax and Wall Street rules
Trump eyes changes to Obama's tax and Wall Street rules

The president also remarked that he would release a tax reform package featuring a "massive tax cut." US Treasury Secretary Steven Mnuchin also mentioned the tax reform plan Friday during a conference at the White House, and said the government is "pretty close" to having it ready to announce .

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  • Volkswagen ordered to pay $2.8 billion in emissions scandal
Volkswagen ordered to pay $2.8 billion in emissions scandal

A federal judge ordered Volkswagen AG to pay a $2.8 billion criminal fine for rigging diesel-powered vehicles to cheat on government emissions tests, formalizing a punishment the German auto giant agreed to earlier this year in an unprecedented plea deal with USA prosecutors.

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  • Ontario, Canada brings in foreign housing tax to cool market
Ontario, Canada brings in foreign housing tax to cool market

The initial signs were that Toronto would not to go down that road. Once legislation passes, the tax would be effective retroactively to April 21. One economist, Jimmy Jean of Desjardins Capital Markets, said a tax on foreign buyers in Ontario could prompt nonresident investors to move elsewhere - such as markets in Montreal and Calgary.

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  • Verizon's Q1 results down on expectations
Verizon's Q1 results down on expectations

NEW YORK (AP ) - Verizon , the once-unstoppable cellphone leader in the US, lost key wireless customers for the first time, even as it brought back unlimited data plans to counter smaller rivals. Verizon plans to merge the Yahoo business with its AOL unit and rename the combined company with the odd moniker of Oath. "They badly missed on ever...

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  • United CEO says no one will be fired for dragging incident
United CEO says no one will be fired for dragging incident

Meanwhile, a #ChineseLivesMatter petition on the whitehouse.gov petitions page demanding a federal investigation into the incident now has over 200,000 signatures with the number continuing to rise even after it was discovered that the passenger was Vietnamese-American, not Chinese-American.

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  • Lawyer: United will save evidence in dragged passenger case
Lawyer: United will save evidence in dragged passenger case

After the incident triggered worldwide outrage, United Chief Executive Oscar Munoz apologized to Dao, his family and its customers, saying the carrier would no longer use law enforcement officers to remove passengers from overbooked flights.

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  • Canadian and French Leaders Pay Homage to Fallen Soldiers at Vimy Ridge
Canadian and French Leaders Pay Homage to Fallen Soldiers at Vimy Ridge

Today we mark the 100th anniversary of a battle that occurred during one of the bloodiest wars in the history of the world - a battle that turned the world's attention to Canada. "Let's renew our commitment to remember their heroism in the face of suffering and fear". The battle is noteworthy for a number of reasons, including it being the first ...

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  • Do these fellas know what to do about insane house prices?
Do these fellas know what to do about insane house prices?

The package will also include the government's plan for expanding rent control, which now covers only rental units built before 1991. Ontario Finance Minister Charles Sousa has said governments need to figure out what they can do about housing affordability without overcorrecting the system.

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  • Apple Receives Permit to Test Autonomous Cars in California
Apple Receives Permit to Test Autonomous Cars in California

The list, which can be viewed on the website for California's Department of Motor Vehicles , was updated on April 14, with " Apple Inc." having been newly added. Apple itself declined to comment about the permit, instead referring The Verge to a letter it sent to the USA federal government in December 2016 which stated that Apple is "inves...

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  • Neuer fractures foot as Bayern lose to Madrid
Neuer fractures foot as Bayern lose to Madrid

The Germans had to head into extra-time with only 10 men following a second caution for midfielder Arturo Vidal, which looked harsh on the Chile worldwide. Madrid began to find their feet and were soon dominating, with the effervescent Marcelo key in both attack and defence. Ramos almost put the hosts ahead after the otherwise superb Manuel Ne...

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  • Wells Fargo Board faults aggressive culture in sales scandal
Wells Fargo Board faults aggressive culture in sales scandal

Last year, Wells Fargo was caught creating millions of unauthorized accounts to meet unrealistically high sales goals. An investigation by The Los Angeles Times in 2013 found that employees had been opening up multiple accounts for customers in order to make their sales goals.

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  • At UN, US tells Russia it's isolating itself by backing Assad
At UN, US tells Russia it's isolating itself by backing Assad

Russian Foreign Minister Sergei Lavrov agreed there were many problems, but stressed that Moscow was "open to dialogue with the USA in all different areas". "We'll see what happens". Syria's government has denied responsibility for the gas attack in a rebel-held area of northern Syria that killed at least 87 people, many of them children.

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  • Hamilton: Respect for Vettel is the highest
Hamilton: Respect for Vettel is the highest

First, the German blew past Raikkonen before going wheel-to-wheel with Red Bull's Daniel Ricciardo at turn seven, producing puffs of blue smoke as the cars touched tyres. "On true pace, both Ferrari and Mercedes should be ahead with both of their drivers so we still need to work very hard to catch up", he explained.

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  • Dwayne 'The Rock' Johnson and Vin Diesel have
Dwayne 'The Rock' Johnson and Vin Diesel have "different fundamental philosophies"

The Fast & Furious movie franchise got a new director with The Fate of the Furious , so who's behind the camera for the eighth installment that opens Friday? Fill your NOS tanks, grab yourself a Corona, and prepare to race through this list a quarter mile at a time.

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  • IEA says global oil market now close to balance
IEA says global oil market now close to balance

The Paris-based energy watchdog for rich countries said on Thursday in its monthly report that it had cut its estiamte of demand growth for the first three months of this year by 200,000 barrels per day, to 1.1 million bpd, with weaker demand in Saudi Arabia, Iran, Russia, India, South Korea and the United States the main components.

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  • Minister: Iraq to boost crude oil production by year's end
Minister: Iraq to boost crude oil production by year's end

Addressing an energy conference in Baghdad , Al-Luaibi did not give details on which of the nation's oil fields would supply the increased output. Oil rose to the highest in nearly a month as investor focus returned to USA crude inventories after supply disruptions and optimism over OPEC's output curbs drove a rally in the past week.

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  • Toshiba's future in doubt after it dives $4.8 billion into red
Toshiba's future in doubt after it dives $4.8 billion into red

After twice missing deadlines, Toshiba reported a net loss of 648 billion yen ($5.9 billion) for the quarter ended in December. As a result of extending the closing of its third-quarter business results, Toshiba said "some time will be required" to compile the final earnings report for FY2016, which it nevertheless intends to announce in mid-Ma...

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  • Nunes' colleagues say docs don't support surveillance claims
Nunes' colleagues say docs don't support surveillance claims

After dark on March 21, Nunes is said to have met secretly with two White House attorneys to view intelligence reports that allegedly show Trump campaign associates incidentally swept up in foreign surveillance. "Losing 14 minutes of audiotape in comparison to this is a little spat in the sandbox in the kindergarten", Gorka said. "We will be pe...

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  • After trade secrets, Uber and Waymo now fight over nature of arbitration
After trade secrets, Uber and Waymo now fight over nature of arbitration

On March 13, WIPR reported that Uber and its self-driving truck company Otto were accused of misappropriating and infringing Waymo's LiDAR, a laser-based scanning and mapping technology. "Uber's conduct plainly is created to delay the expedited proceedings ordered by this Court and stonewall Waymo's request for preliminary relief", the cour...

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  • Akzo Nobel Accuses Elliott Advisors Of Planning To Share 'Price Sensitive Information'
Akzo Nobel Accuses Elliott Advisors Of Planning To Share 'Price Sensitive Information'

A spokesperson for Akzo said the business strongly supports its chairman, but would respond as required by Dutch law within 14 days to the request made by the group led by Elliott. AzkoNobel, the paints and coating group, claimed that Elliott Advisors was preparing to share potentially price-sensitive information with PPG, the U.S.

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  • Jump at the pump continues
Jump at the pump continues

And while gas prices can vary a great deal depending on geography and other factors, the agency says it believes the average price of gas will rise to $2.39 a gallon this year , from $2.15 a gallon in 2016. Roseville, CA- Roseville motorists aren't alone as seasonal pressure begins kicking gas prices higher around the country. West Texas Interme...

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  • India's March retail inflation rises, February IIP falls
India's March retail inflation rises, February IIP falls

Samuel Tombs, chief United Kingdom economist at Pantheon Macroeconomics, said: "March's CPI inflation rate comfortably exceeds the 2.1% anticipated by the MPC in February's Inflation Report, largely due to higher core goods prices. Slowdown in consumer spendingAndrew Sentance, senior economic adviser at professional services firm PwC, said, "Wi...

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  • One For Arthur wins the 170th Grand National
One For Arthur wins the 170th Grand National

The 16-1 prospect finished second, while Saint Are (25-1) was third and Blaklion, the race favourite at 8-1, finished fourth. One For Arthur came from a long way back to score a famous victory for Scotland in the Randox Health Grand National at Aintree toda, writes STEVE SIMPSON.

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  • Tesla becomes most valuable U.S. auto maker, edges out GM
Tesla becomes most valuable U.S. auto maker, edges out GM

Just last Tuesday , Tesla moved past Ford for the second-most market capitalization. GM, for example, sold about 10 million cars in 2016 and earned a profit of more than $9 billion a year ago. Nearly 14 years after its inception, the electric vehicle company is a widely perceived as a leader in the field of electric motors and self-driving ef...

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  • Man screams while dragged from overbooked plane
Man screams while dragged from overbooked plane

The CEO of United Airlines posted a statement on Twitter about the incident. A police officer who was involved in dragging a passenger off a United Airlines flight has been placed on leave after his actions were deemed not in line with standard procedure.

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  • Astros top Royals 5-4 on Gattis' bases-loaded walk in 12th
Astros top Royals 5-4 on Gattis' bases-loaded walk in 12th

Kansas City finally broke out when a two-run double by Alex Gordon in the eighth inning put the Royals up by four. Salvador Perez had a solo home run in the second inning, turning on Mike Fiers' 89-mph fastball for a lined shot onto the train tracks behind the left field foul pole.

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  • This Is What A Syrian Refugee Thinks About Trump's Airstrikes
This Is What A Syrian Refugee Thinks About Trump's Airstrikes

I didn't see you in 2013 when 1,400 people were gassed to death. Following the horrific sarin gas attack against Syria's citizens Tuesday, which killed over 100 and injured at least 300, the United States conducted a successful airstrike against Shayrat air base late Thursday evening.

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  • 6755 postal workers were attacked by dogs last year
6755 postal workers were attacked by dogs last year

The top three cities with the most attacks were Los Angeles (80), Houston (62) and Cleveland (60). San Diego's numbers are a slight improvement over 2015, when the city ranked second in the nation with 58 attacks. Booming online retail sales are good news for the U.S. Postal Service, but its carriers are incurring. I couldn't find any good data o...

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  • Photos show how the USA missile strike on Syria unfolded
Photos show how the USA missile strike on Syria unfolded

Military operations notwithstanding, the Trump policy will look more like the Obama approach than many people now expect. He called the attack that nearly destroyed Shayrat military base near Homs, in the country's west, "a pity", suggesting the US President had been pressured into the act by the Pentagon .

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  • EU clears 21st Century Fox takeover of Sky
EU clears 21st Century Fox takeover of Sky

During the 2010 takeover bid by News Corp, which was derailed by the phone hacking scandal at the company, Murdoch reached an agreement with the government to spin off Sky News to satisfy media plurality concerns. Sky is the owner of Sky News, the global news company based in the United Kingdom, that is also available to USA audiences through App...

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