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Senate passes North America trade deal, Canada still to approve

World News - Fri, 2020-01-17 10:48
The U.S. Senate on Thursday approved a revamp of the 26-year-old North American Free Trade Agreement that includes tougher rules on labor and automotive content but leaves $1.2 trillion in annual U.S.-Mexico-Canada trade flows largely unchanged.
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U.S. housing starts at 13-year high in December; permits ease

World News - Fri, 2020-01-17 10:45
U.S. homebuilding surged to a 13-year high in December as activity increased across the board, suggesting the housing market recovery was back on track amid low mortgage rates, and could help support the longest economic expansion on record.
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Strong data, earnings drive Wall Street to new highs

World News - Fri, 2020-01-17 10:23
U.S. stock indexes edged higher to hit fresh record highs on Friday on optimism over corporate earnings, economic data and indications of resilience in a Chinese economy battered by a prolonged trade war with the United States.
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Kremlin critic calls for protest against Putin's constitutional reforms

World News - Fri, 2020-01-17 09:41
An opposition politician in Moscow urged Russians on Friday to take to the streets this weekend to protest against sweeping constitutional reforms floated by President Vladimir Putin.
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U.S. manufacturing output rises unexpectedly

World News - Fri, 2020-01-17 09:25
U.S. manufacturing output rose unexpectedly in December as a drop in motor vehicle output was outpaced by increases in production of other durable goods, food and beverages, and other products.
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The yield curve's still weird. Fed's Bullard is okay with that

World News - Fri, 2020-01-17 08:28
It was more than a year ago when St. Louis Federal Reserve bank President James Bullard started raising the alarm about a U.S. bond market where interest rates seemed to show investors losing faith in the economy, a risky environment for the Fed to carry out planned rate increases.
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China posts weakest growth in 29 years as trade war bites, but ends 2019 on better note

World News - Fri, 2020-01-17 07:48
China's economic growth cooled to its weakest in nearly 30 years in 2019 amid a bruising trade war with the United States, and more stimulus is expected this year as Beijing tries to boost sluggish investment and demand.
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Trump impeachment trial opens as watchdog faults White House on Ukraine

World News - Fri, 2020-01-17 07:43
The Senate impeachment trial on whether to remove U.S. President Donald Trump from office formally began on Thursday even as a congressional watchdog found that the White House broke the law by withholding security aid for Ukraine approved by Congress.
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U.S. chief justice faces unfamiliar glare of spotlight at Trump trial

World News - Fri, 2020-01-17 07:43
U.S. Chief Justice John Roberts is poised to become a key figure in the political life of President Donald Trump.
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World shares gain as China data fuels bets on growth

World News - Fri, 2020-01-17 07:20
World shares rose to record highs on Friday, buoyed by Chinese growth figures that suggested the world's second-biggest economy was stabilizing.
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Australia's bushfire-stricken east welcomes drenching rain

World News - Fri, 2020-01-17 06:31
Intense thunderstorms with heavy rains dampened bushfires on Australia's east coast on Friday, to the relief of exhausted firefighters and farmers battling years of drought, and granting a reprieve to the organisers of next week's Australian Open.
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Iran can take fight beyond its borders, Khamenei says after U.S. strike, unrest

World News - Fri, 2020-01-17 06:24
The Revolutionary Guards can take their fight beyond Iran's borders, the supreme leader said on Friday, responding to the U.S. killing of a top general and to unrest at home over the accidental downing of an airliner.
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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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