• Trudeau Defends Reconciliation Record After Wilson-Raybould Quits Cabinet
Trudeau Defends Reconciliation Record After Wilson-Raybould Quits Cabinet

A Canadian minister's sudden resignation on Tuesday turned vague allegations of interference in the criminal prosecution of an engineering giant into a deepening political crisis for Prime Minister Justin Trudeau's Liberals. In a similar fashion, the Director of Public Prosecutions Act gives the attorney general, a politician, the power to override...

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  • Amazon, GM in talks to invest in electric pickup truck maker Rivian
Amazon, GM in talks to invest in electric pickup truck maker Rivian

Tesla now owns 90 percent of the USA electric vehicle market by revenue and 80 percent by unit sales. Negotiations are reportedly still taking place, but the sources claim we may hear an official announcement some time this month. Scaringe in 2009, aspires to be the first USA carmaker to offer a mass-produced, off-road electric pickup, a product T...

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  • Oil rises after Saudi output pledge, declining US inventories
Oil rises after Saudi output pledge, declining US inventories

USA prices were also supported by a report from the American Petroleum Institute (API) on Tuesday showing that crude inventories fell by 998,000 barrels in the week to 8 February to 447.2 million, compared with analyst expectations for an increase of 2.7 million barrels.

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  • Activision Blizzard to lay off hundreds of staff
Activision Blizzard to lay off hundreds of staff

Ticker's shares touched $40.11 during the last trading session after 7.60% change. Activision Blizzard, Inc . has volume of 6,437 shares. On February 8th, 2019, volume rose to about 1,420,728 transactions. Following this activity, the insider holds 5,408,067 shares worth $4,917,366 as of recent close. Goldman Sachs Group assumed coverage on Activi...

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  • Theresa May urges MPs to 'hold our nerve' over Brexit negotiations
Theresa May urges MPs to 'hold our nerve' over Brexit negotiations

The EU has reiterated it will not renegotiate the withdrawal agreement. "In particular, I believe that we have a shared determination across the House not to allow the UK's leaving the European Union to mean any lowering of standards in relation to workers' rights, environmental protections, or health and safety".

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  • Oil prices lower as inventory build only modest
Oil prices lower as inventory build only modest

At 447.2 million barrels, US crude oil inventories are about 6 percent above the five year average for this time of year, the EIA reported. That focuses yet more attention on the outcome of U.S. A flotilla loaded with Venezuelan oil has formed in the Gulf of Mexico, some holding cargoes bought ahead of the latest USA sanctions on Venezuela and ot...

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  • Will not reopen Brexit deal, hope May has new proposals: European Union
Will not reopen Brexit deal, hope May has new proposals: European Union

Brexit-backing MPs reacted with anger to the comments, accusing Mr Tusk of "arrogance". The PM's spokesman also swiped back at Mr Tusk, saying: 'I think it's a question for Donald Tusk as to why he considers the use of that language to be helpful.

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  • Venezuela opposition warns military against preventing entry of aid
Venezuela opposition warns military against preventing entry of aid

Maduro's adversaries have warned that Venezuelan officials are seeking to drain state coffers ahead of a potential change of government. The statement added that Trudeau "commended Juan Guaido for his courage and leadership in helping to return democracy to Venezuela and offered Canada's continued support".

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  • Data not finalised, says Niti Aayog about report on unemployment rising
Data not finalised, says Niti Aayog about report on unemployment rising

The gloomy jobs data could be awkward for Modi's Hindu nationalist government to explain with a general election looming and opinion polls already showing the ruling Bharatiya Janata Party unlikely to keep its parliamentary majority. The CPI (M) has alleged that the latest NSSO data on employment had been suppressed by the government as it showed...

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  • For U.S.-China trade talks, hopes are high, expectations low
For U.S.-China trade talks, hopes are high, expectations low

United States and Chinese negotiators start two days of high-level talks Wednesday aimed at settling a six-month trade war that has weakened both sides, shaken financial markets and clouded the outlook for the global economy. During an earlier visit by Liu previous year, Trump declined to meet with Xi's close adviser, a slight that irritated Chines...

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  • Caterpillar and Nvidia warnings send Wall Street tumbling
Caterpillar and Nvidia warnings send Wall Street tumbling

The yuan appreciated to its strongest against the dollar since July before Vice Premier Liu He travels to Washington for trade talks, and as the People's Bank of China freed up a potential US$37 billion for bank lending. OVERSEAS: The British FTSE lost 0.1 per cent. Germany's DAX fell 0.5 per cent and France's CAC 40 fell 0.78 per cent. Japan's Nik...

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  • Embattled Venezuela president ‘ready to negotiate’ with opposition
Embattled Venezuela president ‘ready to negotiate’ with opposition

Maduro has sought to neutralise Guaido by ordering him not to leave the country and freezing his assets. GLOBAL STANDOFF The United States is Venezuela's largest crude importer, ahead of India and China, but the new measures limit transactions between USA companies and state oil company PDVSA .

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  • Canada to host Venezuela summit to support anti-Maduro forces: Freeland
Canada to host Venezuela summit to support anti-Maduro forces: Freeland

The President of Venezuela's opposition-dominated National Assembly Juan Guaido will announce new boards of directors for state oil company PDVSA and its US business, Citgo, UPI reports , citing a statement from the opposition leader. Analysts at RBC Capital Markets say Mexico and Iraq are instead most likely to benefit in the race to replace Vene...

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  • May will seek to reopen Brexit divorce deal
May will seek to reopen Brexit divorce deal

May, who will close Tuesday's debate, now hopes her Tory party will say clearly what it wants to change in the deal she's struck with the EU. "People like me want to avoid a no-deal outcome, a crashing out on March 29". Pro-Brexit MPs have accused the speaker - who publicly declared that he voted for Remain in the seismic 2016 referendum on Brita...

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  • USA announces Venezuelan sanctions in attempt to oust Maduro
USA announces Venezuelan sanctions in attempt to oust Maduro

Guaido's bid was swiftly endorsed by Canada, the United States and many Latin American countries. "The people of Venezuela believe in each one of you", Silva said, handing them the leaflets. The deepening crisis comes as Pope Francis called for a "just and peaceful solution" to Venezuela's political crisis as he wrapped up a visit to Panama fo...

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  • U.S. charges Chinese tech giant Huawei, top executive
U.S. charges Chinese tech giant Huawei, top executive

The charges allege, among other things, that the company misrepresented its ownership of a Hong Kong-based subsidiary to circumvent American sanctions against Iran, and stole telecommunications technology, trade secrets and equipment from US cell provider T-Mobile USA.

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  • Hundreds missing after dam collapse covers Brumadinho, Brazil, in mud
Hundreds missing after dam collapse covers Brumadinho, Brazil, in mud

Firefighters in Brazil are searching for about 200 people missing after a dam at an iron ore mine burst. A story by the BBC Friday evening quoted the mayor of Brumadinho as saying seven bodies have been recovered so far, and at least 50 people have been killed.

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  • US, UK say Venezuela's Maduro 'illegitimate', Russian Federation and Turkey express support
US, UK say Venezuela's Maduro 'illegitimate', Russian Federation and Turkey express support

There's an ongoing political crisis in Venezuela , where lots of people have been involved in violent protests. Police fired tear gas to disperse protesters in several areas, after a rally on Tuesday evening left a reported four people dead.

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  • FAA: Increase in sick leave causing flight delays at major airports
FAA: Increase in sick leave causing flight delays at major airports

LaGuardia Airport in New York City, Philadelphia International Airport, and Newark Liberty Airport in New Jersey, are all operating with delays, according to the FAA's status website . Travelers endured widespread flight delays in the Northeast as federal officials grappled with a shortage of air traffic controllers, who missed paychecks Friday be...

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  • Southfield family kicked off Detroit flight because of body odor
Southfield family kicked off Detroit flight because of body odor

Yehuda Adler is back from Miami with his wife and baby girl after a trip that took a freakish turn when they boarded their plane on Wednesday. "Because we just got kicked off a plane for smelling'". Passenger Yossi Adler confronted an American Airlines employee in a cellphone video after he and his family were removed for their alleged body o...

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  • Ghosn gone: Executive leaves Renault
Ghosn gone: Executive leaves Renault

Carlos Ghosn , the disgraced ex-CEO of Nissan who was arrested in Japan late previous year on charges relating to salary fraud, has finally resigned his remaining positions. Those rules specify that Renault's CEO is also the head of the Amsterdam-based venture that manages the alliance, Le Maire has said. Nissan owns a 15% non-voting stake ...

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  • The World's Least Affordable Housing Market Is …
The World's Least Affordable Housing Market Is …

A "severely unaffordable" median multiple is 5.1 or higher. These Australian markets remained unaffordable despite the house price reductions and relative price stagnation felt a year ago. These include Pittsburgh and Rochester, which topped the list, as well as Oklahoma, Buffalo, Cincinnati, Cleveland, St. Louis, Indianapolis, and Detroit.

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  • Brexit backer James Dyson ditches Britain for Singapore with HQ move
Brexit backer James Dyson ditches Britain for Singapore with HQ move

The corporate tax rate in Singapore is 17%, compared with 19% in the UK. What is really concerning are the hundreds of similar decisions going through board rooms right now to deal with a #NoDeal . Best known for making vacuum cleaners and heating and cooling devices, Dyson is increasingly looking to move into producing electric vehicles . "An i...

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  • China Doesn't Want US Extraditing Huawei Exec in Canada
China Doesn't Want US Extraditing Huawei Exec in Canada

The letter represented the latest effort to increase global pressure over the detentions, which came days after Canada arrested Huawei Technologies Co . Business Insider was unable to contact the department due to the U.S. government shutdown. The US and its allies are seeking to expel Chinese telecom giant Huawei and its advanced 5G equipment f...

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  • Chinas economy grew at slowest pace in 28 years in 2018
Chinas economy grew at slowest pace in 28 years in 2018

China's economy grew 6.6% in 2018, its slowest pace in nearly 30 years. The figures suggest that China may no longer be able to help shore up weakening global growth , as it has in the past. Retail sales increased by nine percent in 2018 year-on-year, down from 10.2 percent in 2017, the NBS said. The number of children born in the year was the...

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  • Inflation rate picks up to 2% in December
Inflation rate picks up to 2% in December

Alberta saw a 2.1 per cent year-over-year hike in December, following a 1.7 per cent increase in November as well. Overall, 2018 saw inflation finish above the central bank's target for the first time in seven years - averaging 2.3 per cent last year from 1.6 per cent in 2017.

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  • Mexico Pipeline Blast Death Toll Climbs to 66
Mexico Pipeline Blast Death Toll Climbs to 66

Fuel theft gangs have hit back, winning the loyalty of impoverished neighbourhoods with the promise of free gasoline and getting local residents to act as lookouts and confront military patrols. Hidalgo state police said the leak was first reported at about 5pm local time. Earlier this month, Mexico's new president, Andrés Manuel López Obrador, c...

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  • Oil jumps 3 pct on OPEC plan details, US-China trade hopes
Oil jumps 3 pct on OPEC plan details, US-China trade hopes

American crude output is poised to expand by 1.1 million barrels a day this year, according to the IEA, which sees the US exceeding the Saudis' maximum level within the next six months. USA crude production has soared in recent months, rising by more than 2 million barrels per day (bpd) to 11.9 million barrels per day. The OPEC news is potentia...

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  • Man jumps from Royal Caribbean ship, gets banned for life
Man jumps from Royal Caribbean ship, gets banned for life

He told King5: 'I never thought it was going to go this far. I jumped from the 11th floor and the height must have been well over 100ft. "When I woke up I just made a decision to jump", he responded to a user on Instagram . I did not think this through before I jumped. He said he didn't know the water he jumped in to is usually shark infested. ...

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  • U.S. report says rapidly modernizing Chinese military has set sights on Taiwan
U.S. report says rapidly modernizing Chinese military has set sights on Taiwan

The drills follow intelligence from the United States over China's growing military might, with concern growing that Taiwan may become a target. In mid-2016, China allocated United States dollars 600 billion as part of a three-year plan (2016-2018) to continue improving its transportation network and passed the Defence Transportation Law (DTL) au...

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