• Is Coca-Cola Making A Marijuana Move?
Is Coca-Cola Making A Marijuana Move?

Coca-Cola is in " serious talks " to develop cannabis-infused drinks as more countries move to legalise the drug. " The space is evolving quickly", spokesman Ken Landers told Bloomberg . Coca-Cola, the Atlanta-based soft drink giant, is reportedly in talks about creating a CBD-infused soft drink. Coke says these cannabis drinks appear to b...

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  • US$200 billion in Chinese goods officially 'Tariffed!'
US$200 billion in Chinese goods officially 'Tariffed!'

The latest round of imports will face 10 percent tariffs through the end of the year, and then the rate will jump to 25 percent. But there is little prospect of such an outcome because, while the United States is demanding that the trade deficit with China be reduced, the conflict does not merely centre on that issue.

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  • Oil prices claw back some ground, but demand worries drag
Oil prices claw back some ground, but demand worries drag

It is also encouraging other oil producers such as Saudi Arabia , Russia and other member states of the Organization of the Petroleum Exporting Countries ( OPEC ) to pump more to meet the shortfall. The first row of new sanctions against Iran were put in place in August, while more hard-hitting sanctions against the country's energy sector w...

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  • US, Canada to resume NAFTA talks Tuesday
US, Canada to resume NAFTA talks Tuesday

The two sides must submit an agreed-upon text to the U.S. Congress by October 1 in order to join the agreement the U.S. with Mexico last month. "And if we don't sign the deal, it's because no deal is actually better than a bad deal for Canada".

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  • Apple Watch Series 4 Launching Date
Apple Watch Series 4 Launching Date

According to the latest rumours, apart from the introduction of the "e-sim card", Apple has further enhanced the comfort of wearing the watch by breaking down the sharp edges. In addition, some handwritten notes suggest that it could sport a 1.3-inch AMOLED display and a resolution of 360×360. The site has also shared some images of how different w...

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  • Hartal byte: Kerala has higher fuel prices than metros
Hartal byte: Kerala has higher fuel prices than metros

Petrol prices in Maharashtra's Parbhani breached the Rs 90-mark with Tuesday's hike and touched Rs 90.11 per litre, IANS reported. Law minister Ravi Shankar Prasad on Monday blamed Organization of Petroleum Exporting Countries ( OPEC ) for the surge in global prices of crude and said that the solution for the fuel price hike in not in gove...

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  • Obama's criticism of Trump
Obama's criticism of Trump "very disappointing": Pence

Pence said on " Fox News Sunday". "This is a government for everybody, it's not for sale, that's what we believe in", Obama said. "Your lies, your policies, and your divisiveness". Obama says there are no problems that can't be solved if "we're working together and we're true to the traditions that are the best in America". The November elec...

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  • Trump to Apple: 'Make your products' in the United States to avoid tariffs
Trump to Apple: 'Make your products' in the United States to avoid tariffs

Such a move would subject virtually all US imports from China to new duties. "Our concern with these tariffs is that the USA will be hardest hit, and that will result in lower United States growth and competitiveness and higher prices for U.S.

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  • British Airways website suffers data breach; 380,000 payments affected
British Airways website suffers data breach; 380,000 payments affected

British Airways has warned customers that around 380,000 card payments on its website and app were compromised during a 15-day data breach . BORK-PRONE AIRLINE British Airways (BA) has suffered a hack that saw the financial details of its customers stolen.

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  • Japan's oil distributors plan to stop importing Iranian crude in October
Japan's oil distributors plan to stop importing Iranian crude in October

Crude is up 9% since mid-August as WTI flirts with $70 per barrel. "These Iranian barrels that we're going to lose, it's really going to hurt". "It therefore remains unclear whether OPEC will be able to absorb a potentially massive fall in Iranian oil exports due to the U.S.

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  • On Labor Day, Trump takes aim at AFL-CIO union chief
On Labor Day, Trump takes aim at AFL-CIO union chief

President Donald Trump may be insisting that the USA will be "better off" without a North American free trade deal that includes Canada , but American unions do not agree-and neither does the tech industry. The president has alsocelebrated the U.S. Supreme Court's decision to weaken unions in Janus vs. AFSCME and pushed steel tariffs which are...

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  • China's Xi offers US$60 billion Africa aid, says
China's Xi offers US$60 billion Africa aid, says "no strings attached"

Chinese companies will be encouraged to invest no less than £7.7 billion ($10 billion) in the continent in the next three years, he said. "Since its establishment, the FOCAC has upheld the principle of extensive consultation, joint contribution and shared benefits, and become a forum featuring equality, practicality and efficiency, President Xi J...

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  • Trump and Trudeau upbeat about prospects for NAFTA deal by Aug 31
Trump and Trudeau upbeat about prospects for NAFTA deal by Aug 31

About $332 billion of Canadian goods and services were exported to the United States. Mnuchin made the comments a day after US President Donald Trump said that now was "not the right time to talk" to China, and that the US and Mexico had reached an agreement to revise Nafta, the three-nation pact that also includes Canada .

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  • U.S., Mexico Reach Trade 'Understanding' That Could Lead To NAFTA Overhaul
U.S., Mexico Reach Trade 'Understanding' That Could Lead To NAFTA Overhaul

Canada is now locked in a tariff battle with Trump. A source in South Korea's auto industry said many automakers would find it hard to meet the rule on workers' wages, which are much cheaper in Mexico. Earlier in the day, a spokesperson for Freeland said: "Canada is encouraged by the continued optimism shown by our negotiating partners". The ...

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  • TSX rises on NAFTA deal optimism
TSX rises on NAFTA deal optimism

Trump and his Mexican counterpart were not talking face-to-face as might be expected for a momentous trade announcement, but rather by speakerphone, which led to a briefly comical moment when Trump couldn't get him on the line at first. President Donald Trump has said it's not the right time for trade negotiations with China, denting expectatio...

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  • Trump says US-Mexico trade deal could be imminent - worldwide
Trump says US-Mexico trade deal could be imminent - worldwide

He says the deal has led to hundreds of thousands of lost American jobs, and he promised to either change it to be more favorable to the US, or withdraw. And AMLO is not really excited about including the 2013-14 opening of the oil and gas sector enacted by current president Enrique Pena Nieto in the new pact.

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  • Fed's Powell defends policy of gradual interest rate hikes
Fed's Powell defends policy of gradual interest rate hikes

NAFTA negotiations seem to be finally getting traction, but the choice of the United States to deal with Mexico first still leaves a lot of question marks regarding how it will affect the Canadian economy. The Pound-to-Dollar rate was 0.38% higher at 1.2857 and the Euro-to-Dollar rate was 0.61% higher at 1.1611. Strong economic growth, strong...

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  • Verizon tries to douse criticism, touts
Verizon tries to douse criticism, touts "priority access" for first responders

A U.S. mobile network has come under criticism after severely limiting service to firefighters battling the biggest wildfire in California's history. "In light of our experience, County Fire believes it is likely that Verizon will continue to use the exigent nature of public safety emergencies and catastrophic events to coerce public agencies int...

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  • Massive Google Pixel 3 XL live images leaked along with camera samples
Massive Google Pixel 3 XL live images leaked along with camera samples

Coming to the back, the design is largely identical to the current Pixel 2 XL , albeit with a slightly smaller glass inset. The feature that first made it on the HTC U11 gives users a unique way to interact with their devices. Images claimed to be taken by the Pixel 3 XL display extensive dynamic range and depth. If that's not enough, one of t...

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  • Sears Is Closing 46 More Stores -- Including In Michigan
Sears Is Closing 46 More Stores -- Including In Michigan

One location in MI is on the chopping block: Sears at the Jackson Crossing Shopping Center off I-94 in Jackson. Liquidation sales are set to begin as early as August 30, according to Sears. Here's the complete list of stores being closed. A media release said the stores were "unprofitable". The company is now headquartered in Hoffman Estates, Ill...

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  • Britain presses for more European Union sanctions against Russian Federation
Britain presses for more European Union sanctions against Russian Federation

Earlier this month, the U.S. State Department said Washington would impose new sanctions on Russia around August 22 over the alleged poison attack on ex-Russian spy, Sergei Skripal, and his daughter Yulia in the British city of Salisbury in March.

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  • Senators Reject Better Ties to Russia, Demand More Aggressive Action
Senators Reject Better Ties to Russia, Demand More Aggressive Action

The Treasury Department said that earlier this year, one vessel linked to the Russian companies transferred 3,500 tons of oil to ships flying the North Korea flag. Because of that use of a chemical weapon, Republican Sen. During one weapons test in November of a year ago, the missile crashed into the Barents Sea .

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  • Trump floats possibility of changing reporting requirements for publicly traded companies
Trump floats possibility of changing reporting requirements for publicly traded companies

Trump said in a Twitter post Friday. At a July rally in Florida, Trump said the chief executive of "one of the greatest companies in the world" urged him to press his tariff fight even though it would impact his business. Quarterly financial reports are a staple of USA corporate practice. Following Clayton's statement, the agency also announced...

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  • U.S. threatens more action against Turkey unless pastor freed
U.S. threatens more action against Turkey unless pastor freed

Subbaraman. Brunson, who has been living in Turkey for some time, is facing substantial charges for cooperating with a secessionist terrorist organization and a gang that staged a failed coup in 2016. "President Trump's imposition of tariffs on steel and aluminum is about protecting American national security", the spokesperson said. The presid...

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  • Slowdowns in China and India eat away at Asian oil demand
Slowdowns in China and India eat away at Asian oil demand

Opec said Monday it expects global oil demand growth to slow this year by 20,000 barrels per day (Bpd), from its forecast last month, due to weaker-than-expected consumption data from Latin America and the Middle East. OPEC agreed in June to raise output at a nominal increase of 1 million barrels a day (bpd) amid pressure from the U.S.to decrea...

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  • Tesla's CEO Elon Musk sued for fraud
Tesla's CEO Elon Musk sued for fraud

To be clear, when I made the public announcement, just as with this blog post and all other discussions I have had on this topic, I am speaking for myself as a potential bidder for Tesla . Shares of Tesla took a roller coaster ride after Musk revealed he was considering to take the company private. It is appropriate to complete those discussion...

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  • Erdogan vows to defy U.S. 'threats' after currency crash
Erdogan vows to defy U.S. 'threats' after currency crash

Last week the USA government announced sanctions against Turkey's interior and justice ministers, to which Ankara responded by freezing the assets of two American officials in Turkey. "If European countries want to get rid of the dollar pressure, we are ready to create a similar system with them", Anadolu Agency quotes him as saying.

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  • 25% tariff on electric bikes shipped into United States takes hold August 23rd
25% tariff on electric bikes shipped into United States takes hold August 23rd

The Chinese Ministry of Commerce announced a 25 percent charge on $16 billion worth of US goods including coal, grease, Vaseline, asphalt and plastic products, and recyclables. China's payback presents its own challenges. Among the products removed from the earlier list on $16 billion of imports were shipping containers, including those used by...

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  • Snapchat’s Revenue Soars 44 Percent Despite Losing Users After App Redesign
Snapchat’s Revenue Soars 44 Percent Despite Losing Users After App Redesign

Snap said ending leases in Venice, California, to consolidate offices a few miles north in Santa Monica cost it $3.9 million in the second quarter and would result in total expenses of $25 million to $45 million in 2018, mostly in the current quarter.

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  • Tesla shares dip after Elon Musk proposes going private
Tesla shares dip after Elon Musk proposes going private

Tesla said on Wednesday the discussions had addressed the issue of how to fund such a deal, but gave no details. Tesla posted a new blog to its site , essentially a copy-and-paste of an email Musk sent to Tesla's employees regarding taking the company private again.

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