• Starbucks unveils new seasonal cups, treats and reusable cup initiative
Starbucks unveils new seasonal cups, treats and reusable cup initiative

This year, the chain will offer limited-edition reusable holiday cups . What's going on: Starbucks unveiled its latest lineup of holiday cups Thursday. This year, the company is strictly sticking with Christmas. New sweet treats are also on available, including Chocolate Swirl Brioche, a Pistachio Honey Croissant, and a Sugarplum Cheese ...

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  • Tesla receives SEC subpoena about Model 3 production numbers
Tesla receives SEC subpoena about Model 3 production numbers

At the time, Tesla said it was cooperating with authorities and stated "to our knowledge, no government agency in any ongoing investigation has concluded that any wrongdoing occurred". Early past year the Palo Alto, California, company announced plans to produce up to 5,000 Model 3s a week by the end of 2017. Last week, investors were cheered by ...

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  • U.S. official denies report of possible China trade deal
U.S. official denies report of possible China trade deal

It's been a wild ride this week for China's yuan, whipsawed as concern about a slowdown in the world's second-biggest economy gave way to optimism that trade tension with the USA may ease. The depreciation has already led to a pickup in capital outflows , with Chinese demand for foreign-exchange surging the most since 2016 in September.

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  • Oil under pressure from rising output, but Iran sanctions loom
Oil under pressure from rising output, but Iran sanctions loom

Front-month Brent crude futures, the global benchmark for oil prices, were at $72.86 per barrel at 0041 GMT on Friday, down 3 cents from their last close. On Sunday, sanctions against Iran exports are scheduled to go back into effect. Oil is sold in dollars, so a strong greenback increases the cost of crude for emerging markets and threatens ...

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  • China Assures Support As Imran Khan Talks Of
China Assures Support As Imran Khan Talks Of "Very Difficult" Economy

During his meeting with Xi on Friday, the prime minister voiced confidence in the belt and road project, and what he called the Chinese president's vision of connectivity. His visit here was regarded as significant as it is taking place amid critical remarks made by some ministers in Khan's Cabinet on the CPEC which had caused consternation among C...

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  • Oil prices dip on rising supply, trade tensions
Oil prices dip on rising supply, trade tensions

Market figures show that Iran's oil sales are still powerful only a few days before the U.S. wages a second wave of sanctions that would target the country's oil exports. In case a planned meeting between presidents Donald Trump and Xi Jinping yields no progress on the sidelines of a Group 20 summit in Buenos Aires next month, US officials ar...

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  • Japan Airlines pilot caught at Heathrow Airport WAY over alcohol limit
Japan Airlines pilot caught at Heathrow Airport WAY over alcohol limit

When tested for alcohol after suspicions were aroused, police found he had 189mg of alcohol per 100ml of blood in his system. A Japan Airlines pilot who was arrested for being drunk was nearly 10 times over the legal blood alcohol limit for a pilot, police said.

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  • Markets surge as Trump tweet lifts trade hopes
Markets surge as Trump tweet lifts trade hopes

Xi said Thursday after speaking with Trump that he hopes China and the United States will be able to promote a steady and healthy relationship, Chinese state media reported. "It is possible some good positive things could - I say could - come out of President Trump-President Xi talks. We talked about many subjects, with a heavy emphasis on Trade"...

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  • US restricts Chinese chipmaker from buying American parts
US restricts Chinese chipmaker from buying American parts

The Chinese chipmaker is the second major tech company after ZTE to have landed on the Trump administration export ban list -known as the Export Administration Regulations (EAR) Entity List. A Commerce Department spokesman said the agency would review any appeal by Fujian Jinhua. The Trump administration revoked the ban after ZTE agreed to pay a $1...

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  • China Trade War Rhetoric Weighing Further on the Chinese Yuan (CNH)
China Trade War Rhetoric Weighing Further on the Chinese Yuan (CNH)

Mr. Trump said during an interview with Fox News he thought there could be an agreement with China on trade, but said he had billions of dollars worth of new tariffs ready to be imposed if a deal was not possible. Microsoft shed 2.9 percent to $103.85. The Nasdaq has dropped 13% from its August 29 record high. Meanwhile, Gao Feng, a spokes...

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  • India surges 23 places in ease of doing business rankings
India surges 23 places in ease of doing business rankings

Malaysia rose nine rungs to 15th place in the World Bank's flagship Doing Business report for 2019, indicating a significant improvement of local conditions for starting and running businesses in the country. It also improved building quality control by introducing decennial liability and insurance. "It takes 69 days and costs about 8 percent...

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  • Derek Mackay pledges 'more progressive' approach to income tax in Scotland
Derek Mackay pledges 'more progressive' approach to income tax in Scotland

The shadow Chancellor said public sector workers like head teachers had a "rough time" in recent years and deserved a tax cut. In his last tax and spending plan before Britain leaves the European Union in five months' time, Hammond tried to help May overcome resistance in her party about how close Britain should stay after Brexit to the bloc that...

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  • Govt softens stand in tiff with RBI, says it respects autonomy
Govt softens stand in tiff with RBI, says it respects autonomy

However, simmering tensions came to a head on October 26, when RBI Deputy Governor Viral Acharya, speaking at the A D Shroff Memorial Lecture in Mumbai, made a scathing statement against the government. "Even the RBI board is being sought to be stuffed in a particular direction, which would prompt the discerning people to look askance and make ...

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  • Donald Trump Plans Aggressive Campaign for Mid-term Elections
Donald Trump Plans Aggressive Campaign for Mid-term Elections

As of September 30, the House Republican Campaign Committee had raised $3.1 million compared to the House Democrats' $379,146. He visited OH earlier this month to promote Republican gubernatorial candidate Mike DeWine, U.S. Both the developments have given the opposition Democrats an edge over the Republican. On Saturday 11 people were shot dead ...

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  • US Economy Grows By 3.5% In Third Quarter
US Economy Grows By 3.5% In Third Quarter

The Bureau of Economic Analysis (BEA) found the economy grew at 3.5 percent during the third quarter , which beat expectations. Personal consumption grew by 4% during the third quarter, better than the 3.3% pace expected by economists and faster than the 3.8% pace of consumption seen during the second quarter.

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  • MFA: No reports of Singaporeans on downed Lion Air flight for now
MFA: No reports of Singaporeans on downed Lion Air flight for now

The flight took off from Jakarta at 6:20 local time on Monday morning, and was due to reach its destination in one hour. A Lion Air Boeing passenger plane carrying 188 people on board requested air control for return, minutes after taking off from here, before crashing into the sea on Monday.

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  • China produces largest number of new billionaires past year
China produces largest number of new billionaires past year

Researchers also found that nearly two thirds of those on the list who had inherited a family business go on to start entrepreneurial ventures themselves, putting paid to the notion that the "the first generation makes it, the second generation preserves it, and the third generation squanders it".

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  • IBM Is Buying Red Hat for $34 Billion in Blockbuster Software Deal
IBM Is Buying Red Hat for $34 Billion in Blockbuster Software Deal

The two brands also re-affirmed that the open-source nature of Red Hat will be maintained, and codes will still be contributed to the community. "It changes everything about the cloud market", Ginni Rometty, IBM chairman, president and chief executive officer said in a statement .

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  • Markets Right Now: Weak earnings pull United States stocks lower
Markets Right Now: Weak earnings pull United States stocks lower

The Shanghai Composite index slipped 1.6 per cent to 2,561.36 and Hong Kong's Hang Seng index skidded 1.8 per cent to 24,785.68. Wednesday was rough for all the US major indexes, especially the Nasdaq. The Dow Jones Industrial Average sank 500 points Friday, or 2 percent, putting it in the red for the year again. Britain's FTSE 100 slid 1.3 perc...

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  • Grab Your Tickets: $1.6 Billion Mega Millions Jackpot Revealed
Grab Your Tickets: $1.6 Billion Mega Millions Jackpot Revealed

It was the second time in two weeks that a Safeway store in San Francisco sold a lottery ticket that matched five out of six numbers. A single winning ticket to win the largest jackpot ever offered was sold in SC. On October 19th there were some winners, just not for the jackpot. The ticket was sold to someone at the Kwik Trip located at 525 ...

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