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Facebook Says 50 Million Accounts Hacked

Facebook Says 50 Million Accounts Hacked

Facebook says it's not yet clear who is behind the attack. Zuckerberg said in a conference call with Reuters that tokens were not used to access private messages, post anything. This allowed them t...

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UK's Raab says confident of clinching a Brexit deal - worldwide

UK's Raab says confident of clinching a Brexit deal - worldwide

Many activists believe that with May's plans in disarray following the rejection of her Chequers proposals by European Union leaders in Salzburg, the time is now right for Labour to throw its weight...

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Tesla building own auto carriers to boost deliveries: Musk

Tesla building own auto carriers to boost deliveries: Musk

But with increasing production numbers, they are now facing logistical problems, one they intend to solve by building their own vehicle carriers. Recent statements from Musk and a reported initiativ...

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US Federal Reserve raises interest rates amid strong growth

US Federal Reserve raises interest rates amid strong growth

Trump has previously criticized the Fed for raising interest rates. By removing that language, the Fed may be signaling its resolve to keep raising rates. Wednesday's rate increase once again drew c...

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Here’s why Justin Trudeau says the Americans are finding NAFTA talks ‘tough’

Here’s why Justin Trudeau says the Americans are finding NAFTA talks ‘tough’

That appeared to be a reference to Foreign Affairs Minister Chrystia Freeland, a former journalist and careful tactician whose star turn in Trudeau's government has earned her deep respect in the Libe...

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Rupert Murdoch's Fox to sell Sky stake to Comcast

Rupert Murdoch's Fox to sell Sky stake to Comcast

It follows Comcast's victory in the bidding war for the broadcaster that came to a conclusion on Saturday. Fox bid 15.67 pounds. Comcast boss Brian Roberts had said he was prepared to jointly own Sk...

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India should reduce or stop crude oil import from Iran: Moody’s

India should reduce or stop crude oil import from Iran: Moody’s

Speaking at the UN General Assembly on Tuesday, Trump accused OPEC of " ripping off the rest of the world " by pushing for higher oil prices. "We expect Indian refiners will either have to significa...

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Here's what to expect from the Fed today

Here's what to expect from the Fed today

Absent more rate increases, it is easy to imagine the unemployment rate falling through 3%, and for inflation and financial-market excesses to start causing serious problems. Last month, Trump express...

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Canada refusing to make concessions on NAFTA

MacNaughton, speaking Wednesday in Toronto, said Canada wants to reach a deal that Trump can hail as a victory but nevertheless has red-line issues, including the need for dispute panels and protect...

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Brent crude falls to $82 per barrel

Brent crude falls to $82 per barrel

However, Saudi Arabia's leadership of 24 oil-producing countries will be threatened if these states realise that the Kingdom is satisfying Washington's wishes at their expense. The 2.835% rise is at...

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Price of oil could reach $100/barrel by late 2018 or early 2019

Brent hit US$82.55 per barrel, its highest since Nov 10, 2014. According to Mr. Jaeggi, "We're on the verge of some significant volatility in Q4 2018 because depending on the severity and duration o...

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Michael Kors ups the glamour, buys Versace for US$2B

Michael Kors ups the glamour, buys Versace for US$2B

Michael Kors said Tuesday it will acquire Versace in a cash-and-stock deal with an enterprise value of €1.83 billion ($2.12 billion). Mr. Idol said Versace represented the "epitome of Italian f...

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Instagram co-founders step down from company

Instagram co-founders step down from company

Instagram founders Mike Krieger, left, and Kevin Systrom attend the 16th annual Webby Awards in NY in 2012. The departures raise questions about Instagram's future at a time when Facebook faces it...

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US Using False Accusations On Trade To

US Using False Accusations On Trade To "Intimidate" Countries: China

Trump threatened last week to add $267 billion in Chinese imports to the target list if Beijing retaliated for the latest US taxes. China is poised to retaliate with tariffs on US$60 billion in USA ...

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Barrick and Randgold to create world's biggest miner

Barrick and Randgold to create world's biggest miner

Exchange ratio has been agreed based on the volume-weighted average prices of Barrick shares traded on NYSE, and Randgold ADSs traded on Nasdaq over the 20 trading days ended on September 21. The cu...

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SiriusXM is buying Pandora for $3.5 billion

SiriusXM is buying Pandora for $3.5 billion

With this acquisition, SiriusXM gets access to Pandora's 70 million monthly users, including 5.6 million who are paying members of its Premium service. The company recovered this year after showing ...

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Tight or well-supplied? The crude oil market dilemma

Tight or well-supplied? The crude oil market dilemma

Russian Energy Minister Alexander Novak said no immediate output increase was necessary, although he believed a trade war between China and the United States as well as USA sanctions on Iran were cr...

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Rod Rosenstein Offers Resignation to John Kelly

Rosenstein, who remains deputy attorney general for now, will meet with President Donald Trump on Thursday. In the wake of the Times report , Democrats have warned Trump not to remove Rosenstei...

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Oil price rises as markets tighten ahead of Iran sanctions

Benchmark Brent crude hit its highest since November 2014 at $80.94 per barrel, up $2.14 or 2.7 per cent, before easing to around $80.65 by 1335GMT. A further complicating factor is the US trade dis...

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Michael Kors is close to buying Versace for $US2 billion

Michael Kors is close to buying Versace for $US2 billion

The news of the imminent Versace sale was first reported by Italian daily Corriere della Sera earlier on Monday. Artistic Director of the fashion giant and Vice President of the company said to ...

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