GM to begin U.S. layoff notices as it offers job transfers

World News - Fri, 2018-12-14 10:30
General Motors Co on Friday said it is beginning to send formal notices to U.S. government agencies of its plan to end production at auto plants and cut thousands of jobs as it shrinks passenger car production in North America.
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U.S. business inventories increase strongly in October

World News - Fri, 2018-12-14 10:02
- U.S. business inventories rose solidly in October as stocks at retailers increased by the most in more than a year, suggesting inventory investment could contribute to economic growth in the fourth quarter.
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Weak economic data send world stocks tumbling

World News - Fri, 2018-12-14 09:45
Stocks worldwide tumbled on Friday after weak economic data from China and Europe fanned concerns of a global economic slowdown and left investors fretting over the wider impact of a still-unresolved Sino-U.S. trade dispute.
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U.S. industrial output up 0.6 percent in November, manufacturing flat

World News - Fri, 2018-12-14 09:26
U.S. industrial output rose in November as a jump in mining and utilities production was offset by drops in other sectors including business equipment and construction.
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Apple to push software update in China as Qualcomm case threatens sales ban

World News - Fri, 2018-12-14 09:10
Apple Inc, facing a court ban in China on some of its iPhone models over alleged infringement of Qualcomm Inc patents, said on Friday it will push software updates to users in a bid to resolve potential issues.
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Exclusive: France plans Renault CEO hunt as board frays over Ghosn - sources

World News - Fri, 2018-12-14 08:55
The French government is seeking candidates to replace Renault's embattled boss Carlos Ghosn, as some board members began to voice doubts about keeping him in office after his indictment in Japan for suspected misconduct, several sources told Reuters.
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French police prepare for fifth wave of yellow vest protests

World News - Fri, 2018-12-14 08:28
France will deploy tens of thousands of police nationwide and around 8,000 in Paris on Saturday to handle a fifth weekend of 'yellow vest' protests, although the movement appears to be losing steam after concessions by President Emmanuel Macron.
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Police probe wave of hoax bitcoin bomb threats in U.S., Canada

World News - Fri, 2018-12-14 08:24
U.S. law enforcement officials on Friday were probing a wave of hoax emailed bomb threats demanding bitcoin payment that caused worry but no damage in the United States, Canada, Australia and New Zealand a day earlier.
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Security, free speech in focus as Seoul braces for possible visit from North Korea's Kim

World News - Fri, 2018-12-14 07:47
Speculation that North Korean leader Kim Jong Un will soon visit Seoul for the first time has sparked debate in South Korea over how to allow citizens to express often strongly held views while preventing any international incidents.
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Renault board did not consider replacing Ghosn: interim chairman

World News - Fri, 2018-12-14 07:21
Renault's board did not consider replacing Chief Executive Carlos Ghosn when it met on Thursday, interim chairman Philippe Lagayette said in a statement issued by the carmaker.
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Nissan says Ghosn representatives took documents from Rio apartment

World News - Fri, 2018-12-14 07:21
Nissan said on Friday that representatives of ousted chairman Carlos Ghosn had retrieved documents from a disputed corporate apartment in Rio de Janeiro which it had allowed them to enter following a Brazilian court ruling.
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UK PM May's plea for EU help on Brexit cast as failure at home

World News - Fri, 2018-12-14 06:43
Prime Minister Theresa May's attempt to win assurances from the European Union on her Brexit deal was cast at home as a humiliating failure that did nothing to ease the parliamentary deadlock over Britain's departure from the bloc.
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U.S., South Korea can't agree on sharing the bill after Trump's criticism

World News - Fri, 2018-12-14 05:40
The United States and South Korea have failed to agree on a bigger South Korean share of the cost of maintaining U.S. troops, an official said on Friday, as the U.S. military warned Korean workers they might be put on leave if no deal is reached.
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Main suspect in Strasbourg attack killed in gun battle with police: officials

World News - Fri, 2018-12-14 05:12
The suspected gunman who killed three people at a Christmas market in the French city of Strasbourg was shot dead on Thursday in a brief gun battle with police after being on the run for 48 hours, police sources said.
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Trump meets Christie as some advisers urge Kushner for chief of staff: sources

World News - Fri, 2018-12-14 05:01
President Donald Trump on Thursday met with former New Jersey governor Chris Christie and considered him a top contender for the job of White House chief of staff, a position some advisers urged him to give to senior aide Jared Kushner, sources said.
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World stocks tumble on weak economic data from China and Europe

World News - Fri, 2018-12-14 04:52
Stocks worldwide tumbled on Friday after weak economic data from China and Europe fanned concerns of a global economic slowdown and left investors fretting over the wider impact of a still-unresolved Sino-U.S. trade dispute.
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EU leaders arrive for second day of summit dominated by Brexit

World News - Fri, 2018-12-14 04:39
European Union leaders arrive in Brussels for a second day of day of talks on Brexit, the euro zone, migration and Russia, among others.
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Britain's May meets French president Macron in Brussels

World News - Fri, 2018-12-14 04:07
British Prime Minister Theresa May was meeting French President Emmanuel Macron on Friday at an EU summit where her request for assurances to calm a parliamentary rebellion at home were met with a demand for concrete proposals.
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U.S. recession risks jump, Fed rate hike expectations slump - Reuters poll

World News - Fri, 2018-12-14 03:19
The risk of a U.S. recession in the next two years has risen to 40 percent, according to a Reuters poll of economists who also found a significant shift in expectations toward fewer Federal Reserve interest rate rises next year.
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U.S. to counter China, Russia influence in Africa: Bolton

World News - Fri, 2018-12-14 03:14
The United States plans to counter the rapidly expanding Chinese and Russian economic and political influence in Africa, U.S. national security adviser John Bolton said on Thursday, calling business practices of the two nations "corrupt" and "predatory."
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