• Jury backs man who claims Roundup weed killer caused cancer
Jury backs man who claims Roundup weed killer caused cancer

Bayer completed its $66bn takeover of Monsanto in June. It contains glyphosate, a herbicide that has been the subject of huge controversy in the European Union where several countries have attempted to bring in a bloc-wide ban, despite the opposition of farmers.

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  • Trump puts pressure on Turkey by doubling down on tariffs
Trump puts pressure on Turkey by doubling down on tariffs

In a tweet, he said he was imposing duties of 20 per cent on Turkish aluminium and 50 per cent on steel . That is two times the level announced earlier this year in March. Speaking in the northeastern province of Gumushane, Erdogan said, "Apparently, those who believe they can force us to capitulate don't know [our] people at all".

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  • Why Turkey's currency is plunging and what it means
Why Turkey's currency is plunging and what it means

Embassy in Israel to Jerusalem, which Ankara opposes. But the souring in U.S. -Turkey relations could give new strength to Russia-Turkey ties, already a source of concern among Turkey's Western allies. The latest escalation came as Turkey's Economy Minister Berat Albayrak , who is Erdogan's son-in-law and a trusted lieutenant, unveiled what ...

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  • Pantera Capital's Morehead Says Bitcoin Investors Have Overreacted to ETF News
Pantera Capital's Morehead Says Bitcoin Investors Have Overreacted to ETF News

Securities and Exchange Commission ( SEC ) is unlikely to approve a bitcoin ETF this year. The SEC now has until September 30 to "approve or disapprove, or institute proceedings to determine whether to disapprove" a proposed rule change from Cboe Global Markets Inc.

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  • Bitcoin Price Falls Below $6,500 as Cryptocurrency Market Continues to Bleed
Bitcoin Price Falls Below $6,500 as Cryptocurrency Market Continues to Bleed

In addition, the price of Bitcoin is below the 12-day EMA and the 26-day EMA which indicates that the BTC price was falling. The price for one XLM was United States dollars 0.22. ETH/USD tumbled by more than $50 this week and traded below the $400 and $380 support levels. The price fell from $7,142.03 to the low of $6,456.10.

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  • Turkey's Erdogan calls on Turks to buy lira for 'national battle'
Turkey's Erdogan calls on Turks to buy lira for 'national battle'

Our relations with Turkey are not good at this time!' Trump wrote. "Aluminum will now be 20% and Steel 50%". European shares fell on Friday as worries over a dramatic fall in the Turkish lira jolted financial markets, with banks such as Spain's BBVA and Italy's UniCredit falling on worries over their exposure to the country.

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  • Travel misery for 50,000 as Ryanair cancels hundreds of flights
Travel misery for 50,000 as Ryanair cancels hundreds of flights

The latest Ryanair strike is taking place in five countries. . That was because the strikes were hurting bookings, Ryanair said , and although it was too early to assess the impact elsewhere, it added that the action will hit average fares from having to move customers to flights it could otherwise have sold at a high last-minute price.

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  • Turkey on the Economic Brink, Explained in a Dozen Charts
Turkey on the Economic Brink, Explained in a Dozen Charts

Concerns were intensified Friday by a report in the Financial Times that the supervisory wing of the European Central Bank (ECB) had over the last weeks began to look more closely at eurozone lenders' exposure to Turkey . Meanwhile, Turkish Treasury and Finance Minister Berat Albayrak is expected to present a new economic development doctrine ...

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  • Britain welcomes United States sanctions on Russian Federation over Salisbury nerve agent attack
Britain welcomes United States sanctions on Russian Federation over Salisbury nerve agent attack

Prices of Russia's government bonds, known as OFZs, also inched higher from Thursday lows. One of them died. US State Department spokeswoman Heather Nauert said the action was aimed at punishing Russian President Vladimir Putin's government for having "used chemical or biological weapons in violation of global law".

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  • Canada's 'rights first' foreign policy could be costly
Canada's 'rights first' foreign policy could be costly

The Saudi government plans to move them immediately to other schools in countries like the U.S. and United Kingdom. 'We consider the Canadian ambassador to the kingdom persona non grata and order him to leave within the next 24 hours'. On Monday, Saudi foreign minister Adel al-Jubeir again criticised Canada's calls to free arrested civil society ...

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  • City Council vote on ride-share cap
City Council vote on ride-share cap

Mayor Bill de Blasio still needs to sign it into law, but it's believed that he will do that soon. "This action will stop the influx of cars contributing to the congestion grinding our streets to a halt", he said in a statement . But Uber spokeswoman Alix Anfang said the pause on new vehicle licenses 'will threaten one of the few reliable transp...

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  • China to put 25% tariffs on $16 billion worth of US products
China to put 25% tariffs on $16 billion worth of US products

For instance, the major complaint is about the theft of U.S. intellectual property by Chinese firms. According to the United States Census Bureau , the country exported $10.2 billion in new and used passenger cars to China in 2017. trade war, rising corporate bankruptcies, and a steep decline in the value of the yuan versus the dollar could put ...

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  • As US slaps on fresh tariffs, China fires back
As US slaps on fresh tariffs, China fires back

The dispute has continued to escalate as the sides exchange threats, and Trump last week threatened to jack up the tariff rate on the next $200 billion in Chinese imports it plans to target to 25 percent, from the planned 10 percent. China's exports to the United States rose 13.3 percent in the first seven months of 2018 from a year earlier, compar...

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  • Tesla board evaluating Elon Musk's proposal to take company private
Tesla board evaluating Elon Musk's proposal to take company private

In a release, board members Brad Buss, Robyn Denholm, Ira Ehrenpreis, Antonio Gracias, Linda Johnson Rice, and James Murdoch said Musk opened the discussion last week. The move would also foreclose the option of selling more stock to raise cash every year, a move which Musk has disfavored in recent years. Two of the potential stumbling blocks to ...

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  • European Union working round the clock with Britain to secure Brexit deal
European Union working round the clock with Britain to secure Brexit deal

After reporting a 5 percent rise in first-half profit before tax, the lender said it remains cautiously optimistic for global growth in the remainder of the year. "But the worldwide trade secretary is right to say there is a risk of the negotiations not succeeding and the government has to prepare for all eventualities".

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  • Snapchat stock pops despite drop of 3 million users
Snapchat stock pops despite drop of 3 million users

This appeared to confuse the market initially, who rallied behind Snap's share price initially in after-hours trading, but it seems likely this will only be a temporary reprieve before the company gets purchased by AOL, like all eventually defunct web brands.

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  • Ola to challenge Uber in United Kingdom ride-hailing market
Ola to challenge Uber in United Kingdom ride-hailing market

Ola states that it offers its drivers higher commissions than rival services and screens all drivers through the Disclosure and Barring Service, backed up by in-app emergency features and the option to share ride details with emergency contacts.

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  • US crude exports to India surge as China intake fades
US crude exports to India surge as China intake fades

Renewed U.S. sanctions against OPEC member Iran officially went into effect at 12:01 a.m. EDT. Last week, the American Petroleum Institute (API) reported a build of 5.59 million barrels of crude oil . If we can break above the $71 level, then we are likely to reach towards the $75 handle, but there is so much noise between $70 and $71 that I...

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  • Tesla Gains Nearly $4 Billion After Single Questionable Elon Musk Tweet
Tesla Gains Nearly $4 Billion After Single Questionable Elon Musk Tweet

The company had a market value of $58bn as of Monday's close. And yet it also left many questions unanswered, namely how Musk - who owns nearly 20 percent of the company - would be able to come up with the $66 billion necessary to complete the transaction.

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  • Ford reveals details of buck-a-beer plan
Ford reveals details of buck-a-beer plan

To provide incentives for brewers to lower their prices, the government is creating what it calls the buck-a-beer challenge, which will provide participating breweries with incentives at the provincially-owned LCBO stores. Ford said he didn't think the lower prices would lead to more drinking and driving. The program will see the government-set m...

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