Economy

New search underway near home of London Bridge attackers

New search underway near home of London Bridge attackers

Dozens of others were injured during the attack, including four police officers. Newspaper Corriere Della Sera reports that Zaghba was stopped in Italy in 2016, when he attempted to travel to Syria through Turkey . Security has become the number one issue and both main parties issued statements on Tuesday portraying their own positions on policing and intelligence as the most robust. Read More

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Eurozone growth at 2-year high but European Central Bank set to hold fire

Eurozone growth at 2-year high but European Central Bank set to hold fire

Eurostat, the European Union's statistics agency, said Thursday that economic growth across the region was a quarterly 0.6 percent in the January to March period, 0.1 percentage point up on the previous estimate. Granted, the official jobless rate is close to its lowest level in eight years, but employment hasn't yet reached its pre-crisis peak and many people work fewer hours than they would like. Read More

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Ranking US diplomat in China resigns

Donald Trump's choice as the new ambassador to China , former Iowa governor Terry Branstad , pictured, has yet to arrive in the country. Before becoming president, Mr Trump had said climate change was a hoax created by China to undermine United States manufacturing. Read More

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Australia's interest rate kept on hold at 1.50 pct

Australia's interest rate kept on hold at 1.50 pct

Net exports likely to have subtracted 0.7ppt from Q1 GDP growth. However, Dr Lowe noted that employment conditions remained mixed, with jobs growth strengthening while total hours worked and wage growth remained weak. 'They are going to overlook the slowdown in GDP as a temporary blip. The Reserve Bank of Australia slashed 300 basis points from borrowing costs between November 2011 and August past year to support non-resources industries as the economy transitions out of a mining ... Read More

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Will Cleveland figure out how to guard the Warriors in Game 2?

The Cavaliers got off once again on the wrong foot in the Finals due in large part to 20 turnovers and allowing the Warriors to pull down 14 offensive rebounds. Kerr said before Game 2 that he hadn't let his players know that he'd be making his comeback Sunday. Durant totaled 33 points and 13 rebounds, and Thompson added 22 points and shot 8-for-12 after a poor shooting performance in Game 1. Read More

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Law Enforcement Torch Run raising money for Special Olympics

Law Enforcement Torch Run raising money for Special Olympics

This event continues to grow as the single largest fund-raiser for the Illinois Special Olympics. As law enforcement officers run, each leg will hand off the Flame of Hope to a different agency. In previous years, law enforcement officers carried the torch - known as the Flame of Hope - in relay fashion from the Statehouse south through Topeka and Shawnee County, then through Osage County before handing it off to other officers at Beto Junction, near the Interstate 35 and US-75 highway ... Read More

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Coca-Cola European Partners plc (CCE) Shares Sold by Trexquant Investment LP

Coca-Cola European Partners plc (CCE) Shares Sold by Trexquant Investment LP

It has underperformed by 43.62% the S&P500. Mattel Incorporated (NASDAQ:MAT) had a decrease of 3.99% in short interest. About 1.04M shares traded. Its down 3.99% from 22.35 million shares previously. The stock has "Buy" rating by BMO Capital Markets on Thursday, March 23. Reliance Trust Co. of DE reduced its position in shares of The Coca-Cola Co (NYSE:KO) by 14.6% during the first quarter, according to its most recent filing with the SEC. Read More

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Uber fires autonomous auto researcher involved in lawsuit

Uber fires autonomous auto researcher involved in lawsuit

As Alphabet and Waymo claim that Levandowski took a significant trove of documents based upon Waymo's underlying technology (most notably LiDAR), to Uber. An article in NY yesterday, chronicled this departure and how he came to Uber by away of the Otto acquisition. A company spokesperson said that it had pushing him to comply with their own internal investigations to no avail. Read More

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Oil prices down sharply ahead of OPEC announcement

Oil prices down sharply ahead of OPEC announcement

The price rise this year has spurred growth in the USA shale industry , which is not participating in the output deal, thus slowing the market's rebalancing with global crude stocks still near record highs. But oil prices tumbled 5 per cent on Thursday as the outcome disappointed some investors who had been hoping for deeper production cuts or a further extension. Read More

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India boycotts China's global trade jamboree

India boycotts China's global trade jamboree

DIPLOMATS have voiced concern over China's ambitious "new Silk Road" plan, particularly over the transparency of the multi-billion dollar project, or apparent lack thereof. But numerous countries involved in the initiative - representing 60 percent of the world population and around a third of global gross domestic product - have poor records on corporate and political governance and there are fears China could run into trouble. Read More

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Manchester attacker's younger brother arrested in Tripoli: spokesman

Soldiers were being deployed to key sites in Britain on Wednesday to prevent attacks after the terror threat level was raised to its highest level following a suicide bombing in Manchester that killed 22 people, including children. Abedi and another brother stayed behind to finish up school, the news service reported . French interior minister Gerard Collomb said Abedi had become radicalised after a trip to Libya and probably Syria, according to information received from British ... Read More

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Blitzbokke dumped by England in London quarters

Blitzbokke dumped by England in London quarters

England and Canada followed that and the hosts were clearly up for the challenge, with dream-teamer Ollie Lyndsey-Hague executing a handsome goose-step to score under the sticks early on. On Saturday they accounted for Japan 33-7, Canada 19-14 and Fiji 27-21, a result which eliminated the Olympic champions. The Scots saw out a nervous final minute without too many alarms, Farndale running the ball out of play after the hooter. Read More

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AT&T workers on strike across the country

Picketers were also at the retail stores in Boardman and Niles. "A strike is in no one's best interest, and it's baffling as to why union leadership would call one when we're offering terms in which our employees in these contracts - some of whom average from $115,000 to $148,000 in total compensation - will be better off financially", Richter said. Read More

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Iraq, Algeria support extension of oil production cuts

Iraq, Algeria support extension of oil production cuts

Brent crude was up 57 cents, hovering at $50.79 per barrel, while US West Texas Intermediate jumped 61 cents to $47.94. Supply from the 11 OPEC members with production targets under the accord - all except Libya and Nigeria - fell to 29.674 million bpd last month, according to figures from secondary sources that OPEC uses to monitor output. Read More

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Palestine, Israel must coexist: Modi

The Palestinian leader will this evening attend a function at the India Islamic Cultural Centre in New Delhi. Many Western countries classify Hamas as a terrorist group over its failure to renounce violence, recognize Israel's right to exist, and accept existing interim Israeli-Palestinian peace agreements. Read More

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Trump to Comey: "I hope you can let this go".

The Washington Post also published a report which alleged that Trump shared "highly classified" information with Russian Foreign Minister Sergei Lavrov and Russian ambassador Sergey Kislyak during a White House meeting last week. Rep. Adam Schiff, a Democrat from California and the ranking member of the House Intelligence Committee, also indicated he would utilize all the power at his disposal to obtain the reported memo. Read More

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Sprint announces plans for commercial 5G deployment by 2019

Sprint announces plans for commercial 5G deployment by 2019

Both companies' share prices rose on the news, "as investors bet a deal may finally happen under Trump's administration's looser regulatory climate", Bloomberg reported . Neither Sprint nor T-Mobile ever commented publicly about the rumors at the time . "And so that is why we want to be open if there are any other possibilities with better conditions and better opportunities for this industry consolidation". Read More

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Jakarta Governor found guilty of blasphemy, sent to 2 years' jail

Indonesia, 90 percent of whose 255 million people are Muslim , has a long tradition of pluralistic values and is home to substantial populations of Christians, Muslims and Buddhists. "Today is one of the darkest days in Indonesia", he added. Ahok and Djarot's term as governor and vice governor ends in October 2017. Despite the trial, Purnama retained a loyal following in Jakarta , due to his determination to clean up the traffic-clogged and polluted city. Read More

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Australia's Big Four banks look to cut costs as challenges rise

A further tax office crackdown on multinationals is set to reap $4 billion this year, with other tax measures - including allowing fewer deductions for negative gearers - to boost revenue by $2.1 billion over four years. As announced in the lead up to the budget, schools will get an extra $18.6 billion over ten years. That amounts to $2.2 billion over the next four years. Read More

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