Ex-congressman Chris Collins to be sentenced in New York for insider trading

World News - Fri, 2020-01-17 06:05
Chris Collins, a former U.S. Congressman from New York who was an early backer of President Donald Trump, is due to be sentenced on Friday after pleading guilty to taking part in an insider trading scheme.
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Exclusive: Temasek, Trustbridge target majority stake in WeWork China at $1 billion valuation – sources

World News - Fri, 2020-01-17 05:25
Temasek Holdings and Trustbridge Partners have held talks with WeWork China over increasing their stake in the China branch of the troubled co-working startup to take majority ownership, three people familiar with the matter told Reuters.
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Can 'Made in Africa' cigars compete with Cuba?

World News - Fri, 2020-01-17 05:05
While drinking in a nightclub in Mozambique in 2015, Kamal Moukheiber had an idea: a luxury cigar made not in Cuba, but in southern Africa.
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Which company just hit $1 trillion? Google it.

World News - Fri, 2020-01-17 04:51
As Google-parent Alphabet Inc became on Thursday the fourth U.S. company to top a market value of more than $1 trillion, some funds holding its shares are wondering whether now is the time to cash in on the stock's extraordinary gains.
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Iran's Khamenei calls for unity after unrest over plane disaster

World News - Fri, 2020-01-17 04:28
Iran's supreme leader called on Friday for national unity and a high turnout in a February election, after protests erupted following the military's admission that it had shot down an airliner by mistake during a confrontation with the United States.
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Iran's Khamenei says Europeans cannot be trusted in nuclear row

World News - Fri, 2020-01-17 04:15
Iranian Supreme Leader Ayatollah Ali Khamenei said on Friday that three European states who were party to a nuclear pact from which the United States has already withdrawn could not be trusted, and their actions to put pressure on Iran would not work.
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Taliban open to 10-day ceasefire with U.S., talks with Afghan government: sources

World News - Fri, 2020-01-17 04:07
The Taliban will implement a 10-day ceasefire with U.S. troops, a reduction in violence with Afghan forces and discussions with Afghan government officials if it reaches a deal with U.S. negotiators in talks in Doha, two sources have said.
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Exclusive: Volkswagen to buy 20% of Chinese battery maker Guoxuan amid electric push - sources

World News - Fri, 2020-01-17 02:52
Volkswagen AG is set to take a 20% stake in Chinese electric vehicle battery maker Guoxuan High-tech Co Ltd, two sources told Reuters, as the German firm accelerates its electric push into the world's largest auto market.
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Ukraine says bodies of all 11 Ukrainians in Iran plane crash identified

World News - Fri, 2020-01-17 02:21
The bodies of all 11 Ukrainians who died in last week's plane crash in Iran have been identified and will be transported back to Ukraine on Jan. 19, the interior ministry said in a statement to Reuters on Thursday.
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Canadian, UK ministers pay respects to victims of plane downed by Iran

World News - Fri, 2020-01-17 02:21
Foreign ministers from Canada and Britain paid their respects on Thursday to those who died when Iran shot down an airliner last week, ahead of talks between the affected countries to discuss their response.
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Asian shares firm as China data show signs of easing economic strains

World News - Fri, 2020-01-17 02:18
Asian shares rose on Friday after data in China showed pressure on the world's second biggest economy may be starting to diminish.
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China markets split on outcome of LPR lending benchmark in January

World News - Fri, 2020-01-17 02:12
China's financial markets are nearly evenly divided over whether the benchmark lending rate will be lowered or kept steady next Monday, a survey of participants showed, after the central bank kept rates on medium-term loans unchanged this week.
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Australia town mourns volunteer firefighter fallen in bushfires

World News - Fri, 2020-01-17 02:10
Firefighters, family and the small Australian town of Holbrook hailed fallen volunteer firefighter Samuel McPaul a hero in a solemn funeral on Friday, as long awaited rains started to extinguish some of the deadly bushfires raging for months.
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China fourth-quarter GDP grows 6%, in line with expectations and hovering near 30-year low

World News - Fri, 2020-01-17 02:02
China's economy grew 6.0% in the fourth quarter of 2019 from a year earlier, official data showed on Friday, in line with expectations and unchanged from the previous quarter's pace.
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China 2019 crude steel output jumps 8.3%, sets second straight annual record

World News - Fri, 2020-01-17 01:57
Crude steel production in China climbed to a record just shy of 1 billion tonnes in 2019, boosted by a resilient property market and robust demand as Beijing beefed up infrastructure spending in a bid to weather a slowdown in economic growth.
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Instant View: China's economic growth slows to 6.1% in 2019, near 30-year low

World News - Thu, 2020-01-16 23:31
China's economy grew 6.0% in the fourth quarter of 2019 from a year earlier, official data showed on Friday, in line with expectations and steadying from the previous quarter's pace.
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China's annual aluminum output slips for first time in decade

World News - Thu, 2020-01-16 22:40
China's annual aluminum production fell for the first time in 10 years in 2019, official data showed on Friday, hit by softer demand amid the Sino-U.S. trade row and large-scale smelter outages.
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China's 2019 pork output plunges to 16-year low as disease culls herd

World News - Thu, 2020-01-16 22:37
China's 2019 pork output plunged to a 16-year low, official data showed on Friday, as the fatal hog disease African swine fever killed millions of pigs in the world's top producer.
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China posts weakest growth in 29 years as trade war bites, but ends 2019 on firmer note

World News - Thu, 2020-01-16 22:29
China's economic growth slowed to its weakest in nearly 30 years in 2019 amid a bruising trade war with the United States and sputtering investment, and more stimulus steps are expected this year to help avert a sharper slowdown.
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Asian shares firm as China's GDP raises hopes of recovery

World News - Thu, 2020-01-16 22:25
Asian shares rose on Friday after global stock indexes and Wall Street posted more records, and as China's economic growth matched expectations in spite of U.S. trade pressures.
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