US Jurors Back Claim that Roundup Causes Cancer

16 Aug, 2018

The former groundskeeper contracted a fatal form of non-Hodgkin's lymphoma after years of performing his duties at a local school. Jurors in state Superior Court agreed the product contributed to Johnson's cancer and the company should have provided a label warning of the potential health hazard.


Qatar pledges $15 billion of investment in Turkey

16 Aug, 2018

The decree also doubled tariffs on American cosmetics, rice, and coal, among other imports. On Friday, US President Donald Trump doubled tariffs on aluminium and steel from Turkey in response to the detention of a US citizen. White House press secretary Sarah Sanders said the U.S. had seen "no evidence that Pastor Brunson has done anything wrong". But support from Qatar and Germany can't fix Erdogan's problems, and the US has signaled it's unfazed by Erdogan's retaliations.


Qatar to aid Turkey, lira rallies, United States rejects lifting tariffs

16 Aug, 2018

Mr Trump reportedly believed he had reached agreement with Erdogan to free Brunson in exchange for Israel's release of a Turkish woman, Ebru Ozakan, accused of providing funds to Hamas. Italy's biggest bank, UniCredit, Spain's BBVA and France's BNP Paribas all have substantial interests in Turkish banks. "This period has shown us areas in which we're lacking".


Retail inflation eases to 4.17% in July as food prices decline

16 Aug, 2018

The Office for National Statistics said the retail prices index (RPI), which includes some housing costs, rose at 3.2%, lower that the 3.4% seen in June, but still well above CPI. Years of steady house price hikes have created huge affordability issues for first-time buyers, so the fact that annual house price growth has fallen to its lowest point in five years will be a welcome change for many.


Turkey Counterpunches By Raising Tariffs On U.S. Goods

15 Aug, 2018

Qatar has moved closer to countries like Turkey and Iran after Saudi Arabia and other Arab states severed diplomatic, trade and travel ties with the Gulf state past year, accusing it of financing terrorism. "Nevertheless, it must be acknowledged that the government of Qatar is now overlooking the situation in Turkey and did not provide the necessary political and humanitarian support...


Morocco campaign to boycott United States products in solidarity with Turkey

15 Aug, 2018

Apple has 22 percent of the smartphone market in Turkey, where 11.4 million units were sold previous year, according to Ramazan Yavuz, research manager at IDC consultancy company. In an effort to defend the lira, Turkey's central bank tightened its rules on currency swaps and other foreign exchange transactions, limiting banks' ability to supply lira to foreign financial companies.


Oil remains steady as emerging-market fears escalate amid Turkey crisis

15 Aug, 2018

Benchmark Brent crude oil was down 10 cents at $72.71 a barrel by 11:30am GMT. Oil prices jumped on Tuesday after Saudi Arabia said it cut production, adding to concerns over global supply as USA sanctions against Iran curb its exports, though the prospect of a slowdown in global economic growth kept a lid on markets.


At least 22 killed in Italy as motorway bridge collapse

15 Aug, 2018

Authorities say at least 30 people have been killed, with the death toll expected to rise. Rescue teams worked through the night and into the morning to recover the victims. The precise cause of the collapse remains under investigation. Salvini, who is co-deputy prime minister and leader of the nationalist League party in the new coalition government, vowed to hold those responsible for the disaster accountable.


Turkey's Erdogan Threatens Boycott of US Goods

15 Aug, 2018

Erdogan said his country will boycott USA -made electronic goods amid a diplomatic spat that has helped trigger a Turkish currency crisis. "If they have iPhones , there is Samsung on the other side, and we have our own Vestel here", he said, referring to the Turkish electronics company, whose shares rose 5 percent.


Tesla directors: 'No formal proposal' to take company private

14 Aug, 2018

Reuters, citing a source, reported after the tweet that Silver Lake was not discussing participating as an investor in the deal and "was offering its assistance to Musk without compensation and had not been hired as a financial adviser in an official capacity".


Markets rattled as Turkish lira dives

14 Aug, 2018

The threat comes during a Turkish currency crisis that has seen the lira's value collapse against the USA dollar. Emerging market currencies fell on along with the lira, while Asian stocks fell across the board. The latest blow came on Friday , when US President Donald Trump said he had approved the doubling of tariffs on Turkish steel and aluminium. Erdogan said his government would offer further incentives to companies planning to invest in Turkey and said firms should not be put off ...


Firefighter killed battling California's Ranch Fire

14 Aug, 2018

The River Fire started more than two weeks ago. Within three days, the Holy Fire had claimed more than 10,000 acres of land. In a video of the hearing, Clark can be seen making several outbursts and calling the charges against him "lies".


Elon Musk's tweet draws Tesla investor lawsuit over share price swing

14 Aug, 2018

After the tweet, Tesla's stock rose enough for Musk's net worth to grow by $1.4 billion (according to Hypebeast ). Short-sellers aim to profit by selling borrowed shares, hoping to buy them back later at a lower price. In a blog post, he said going private would liberate the company from the quarterly reporting cycle, allowing it to be "free from as much distraction and short-term thinking as possible".


Rupee Falls Sharply To Close At Record Low Against Dollar

14 Aug, 2018

Yesterday, the rupee had plunged by Rs 1.08, or 1.57 per cent, to a record low of 69.91 against the USA currency amid fears that Turkish currency turmoil could turn out into a global financial crisis. The next crucial level for the rupee is 69.80 to the dollar, he added. Economic Affairs Secretary Subhash Chander Garg said external factors may ease going forward.


World equities slip on Turkey currency woes

14 Aug, 2018

Trump authorized an increase in tariffs on Turkish aluminum and steel products on August 10, while the US also imposed sanctions on Turkish justice and interior ministers for their alleged role in the arrest American pastor Andrew Brunson , who is under arrest for his alleged links with PKK and Gülenist Terror Group (FETÖ).


Saudi Arabia looks to invest big in Tesla

13 Aug, 2018

While Tesla CEO Elon Musk teased last week about taking the company private, several suitors may have already been courting the electric vehicle giant months ago. Tesla shares were little changed at US$355.16 as of 10:29 a.m. on Frankfurt's Tradegate, before the USA market opens. The Public Investment Fund, which has built up a stake just shy of 5 percent in Tesla in recent months, is exploring how it can be involved in the potential deal, said the people, who asked not to be ...


S&P 500, Dow end slightly lower

13 Aug, 2018

The S&P 500 was in slightly positive territory most of the day, putting it once again close to the record high it hit January 26. The S&P 500 is up 13.23 points, or 0.5 per cent. Intel dropped 2.3 percent after Goldman Sachs downgraded the stock to "sell". The stock ended down 4.8 per cent. Bookings Holdings fell 5.9 percent and weighed the most on the S&P and the Nasdaq after it forecast third-quarter profit below expectations.


Turkish lira slumps to new record low as Donald Trump doubles tariffs

13 Aug, 2018

Erdogan said during an address to supporters: "Change the euros, the dollars and the gold that you are keeping beneath your pillows into lira at our banks". side "would define progress as Pastor Brunson being brought home". And he brushed off the tariffs . "If we did not release him, they said they would sanction us.


Ryanair braces for biggest ever one-day strike

11 Aug, 2018

If the Dutch airport strike on Friday goes ahead, Dutch Ryanair pilots will join those in Germany , Ireland , Belgium and Sweden in striking all day. It's perhaps one of the most disheartening feelings in the world when you've spent your hard earned cash, done your holiday shopping and told everyone and their dog that you're off to spend a holiday in the sun, to then be told that lift-off isn't quite ready to happen.


Trump vows to double steel and aluminum tariffs on Turkey

11 Aug, 2018

A statement from the White House confirmed the president's decision to pool reporters. The Washington Post newspaper said the USA administration was doing everything to strengthen its hand in the Brunson case, but the decision would do nothing but cause more problems for bilateral relations.


Trump administration announces $22b in fresh tariffs on China

10 Aug, 2018

President Trump had repeatedly expressed discontent over the USA trade deficit with China, accusing the country of unfair trade practices, intellectual property theft, currency manipulation, and of providing state aid to Chinese firms. Its imports from the USA rose 11.8 percent in the same period. May 19: After a meeting, the two countriesannounce the outline of a trade dealto avoid the tariffs.


Oil prices extend gains after U.S. sanctions against Iran

09 Aug, 2018

China is the biggest and the most valued customer for Iran's oil and imports more than 650,000 barrels of oil per day from Iran. The U.S. government introduced a raft of new sanctions against Iran on Tuesday, targeting Iran's purchases of U.S.


Doubts grow over Elon Musk’s master plan to take Tesla private

08 Aug, 2018

Investors were asking whether he really does have the equity or debt lined up to make it happen. If Musk's tweet was indeed not a joke, another problem is that it could have been illegal. The company declined to comment beyond pointing to an all-employee email sent Tuesday by Musk. That kind of money may be accessible through sovereign wealth funds or other strategic investors, said Dwight Scott, president of Blackstone Group LP's GSO Capital Partners.


Dead Fetus Found on American Airlines Plane at LaGuardia Airport

08 Aug, 2018

The plane was an Airbus A321, which can seat 220 passengers. It's estimated that the fetus was between five and six months old. American Airlines also sent out an official statement , but offered no details about what had been found. American Airlines referred all questions surrounding the incident to local police. Recent reports indicate a fetus was found inside a plane bathroom Tuesday morning.


Ontario Government Bringing Back "Buck-a-Beer" Minimum Pricing

08 Aug, 2018

Beer fans across Ontario can officially start counting down the days until the return of "Buck-a-Beer", the popular $1-per-beer price floor that delighted people across Ontario until it was cancelled when the previous government abruptly introduced new beer price regulations.



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