• Understanding the politics of fuel price
Understanding the politics of fuel price

However, diesel prices were only reduced by Rs 2.65 per litre to Rs 77.45 per litre. The State Government this evening announced a matching cut of Rs 2.50 in the fuel prices commensurate with the price slash of Rs 2.50, announced by the Central Government earlier today taking the total succor to Rs 5 per litre in J&K.

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  • A Judge Wants Musk, SEC To Justify Fraud Settlement (NASDAQ:TSLA)
A Judge Wants Musk, SEC To Justify Fraud Settlement (NASDAQ:TSLA)

In a tweet Thursday, Musk congratulated the " Shortseller Enrichment Commission " for its "incredible work", noting its " name change is so on point!" Bearing in mind that it was a tweet that got Musk in trouble in the first place, it's perhaps ironic that he has apparently taken aim at the SEC using Twitter .

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  • Donald Trump Celebrates 'Historic' USMCA Deal Replacing NAFTA
Donald Trump Celebrates 'Historic' USMCA Deal Replacing NAFTA

He covers US politics and current affairs. Other trading partners had been tough on the United States, he said, including the European Union, which introduced retaliatory tariffs on USA goods in June. All three countries were in agreement that they wanted more vehicle components built in North America rather than in Asia or Europe. "These mea...

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  • China used tiny chips on U.S. computers to steal secrets
China used tiny chips on U.S. computers to steal secrets

Supermicro , according to Bloomberg , also manufactured equipment for Department of Defense data centers, the CIA's drone operations, and onboard networks of Navy warships. According to Bloomberg , Apple discovered the malicious chips three years ago in hardware supplied by motherboard specialist Super Micro . "Apple has never found malicious ch...

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  • Last minute trade agreement is a 'hopeful' sign for ME dairy industry
Last minute trade agreement is a 'hopeful' sign for ME dairy industry

At a press conference yesterday, Trudeau predicted the new pact would be "profoundly beneficial for our economy" and "the most important progressive reform for North American workers in a generation". The American Dairy Coalition (ADC) is a farmer-led national lobbying organization of progressive, modern dairy farmers. "Today the United State...

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  • Trump hails trade pact as the 'most important deal ever'
Trump hails trade pact as the 'most important deal ever'

Trade experts said the USMCA clause looks designed, in part, to short-circuit any efforts China might make to get around the USA sanctions by making deals with the other USMCA partners, and then having its goods make their way into the us market tariff-free by shipping them via another USMCA country.

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  • Facebook Could Face $1.63 Billion Fine Over Latest Hack Under GDPR
Facebook Could Face $1.63 Billion Fine Over Latest Hack Under GDPR

Life just got worse for the 50 million people caught up in what may be the biggest hack of Facebook ever. Officials in Washington have moved to hold Facebook accountable, while officials in Europe are demanding that Facebook be more transparent about what is really going on concerning the extent of the latest data breach .

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  • Alberta dairy farmer explains why he’s disappointed with NAFTA replacement
Alberta dairy farmer explains why he’s disappointed with NAFTA replacement

He said that "tariff king" India on its own has reached out to the USA to make a trade deal, without Washington calling New Delhi for negotiations. As official statements responding to the United States Mexico Canada Agreement (UNMCA) roll in, CBC News will post them below. "Canadians are polite, we're reasonable, but we also will not...

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  • All the deals you should know about for National Coffee Day
All the deals you should know about for National Coffee Day

Krispy Kreme: Free cups of coffee for customers. Krispy Kreme Rewards members also get a free doughnut. Get one 12-ounce bag of premium single-origin coffee for free with any subscription with code "AtlasCoffeeDay18". A few days after removing "Donuts" from its official name, Dunkin' will give you a free coffee when you buy one of equal or...

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  • Elon Musk fined $20million and must resign as chairman following fraud charges
Elon Musk fined $20million and must resign as chairman following fraud charges

Neither Musk nor Tesla admitted or denied the SEC's findings as part of the settlement . "Musk had not discussed specific deal terms, including price, with any potential financing partners, and his statements about the possible transaction lacked an adequate basis in fact".

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  • Tesla Model 3 Exploring All Options To Speed Up Deliveries
Tesla Model 3 Exploring All Options To Speed Up Deliveries

Earlier this month, Elon said Tesla's most pressing issues had moved from producing vehicles to delivering them , though he said delivery issues were easier to fix and would be solved soon. A customer took to Twitter asking Musk about the status of a Model 3 (AWD) order placed in June. According to the publication, Tesla will continue to offe...

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  • NAFTA deal ‘meaningless’ without protection from Trump auto tariffs, Canadian ambassador says
NAFTA deal ‘meaningless’ without protection from Trump auto tariffs, Canadian ambassador says

Trump said Mexico has been "totally great" in negotiating trade with the U.S. "That's the mother lode, that's the big one". "The United States moving ahead without Canada shows that Canada may be left out altogether", said Adam Button, a currency analyst at ForexLive.

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  • Oil jumps to four-year high
Oil jumps to four-year high

OPEC launched the report on Sunday in Algiers , as its members met there with allies to discuss whether to increase production. The United States will target Iran's oil exports with sanctions from November 4, with Washington applying pressure on governments and companies around the world to fall into line and cut their purchases.

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  • UN audience laughs as Donald Trump brags about administration's accomplishments
UN audience laughs as Donald Trump brags about administration's accomplishments

Pompeo said the USA considers Iran the leading state sponsor of terrorism. "He'll call on every country to join our pressure campaign in order to thwart Iran's global torrent of destructive activity". Trump has pulled the USA out of a nuclear agreement with Iran while signing an agreement in principle with North Korea to abandon its nucle...

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  • Saudi Says Door Open To Future Oil Output Hike
Saudi Says Door Open To Future Oil Output Hike

The United States will apply sanctions to halt oil exports from Iran , the third-largest producer in the Organization of the Petroleum Exporting Countries (OPEC), starting on November 4. Any extra production will need to come from major oil-producing nations like Russian Federation and Saudi Arabia . Yet, the cartel and its allies gave mixe...

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  • Versace set to be sold in $2bn deal
Versace set to be sold in $2bn deal

Artistic Director of the fashion giant and Vice President of the company said to be worth about $2 billion, Donatella Versace , has reportedly called a meeting in Milan for Tuesday. The sale of Italian fashion house Versace could be announced "within hours", daily newspaper Corriere della Sera said on Monday, citing unnamed sources.

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  • Crude Oil Price Steady Following Inventory Report
Crude Oil Price Steady Following Inventory Report

Brent crude oil was up 75c at $79.45 a barrel by 9.55am GMT. The commercial crude oil inventories excluding SPR is 16.6 percent below the levels of the same week previous year. A Bloomberg survey of analysts forecasts a 2.5-million-barrel decline in nationwide inventories. USA sanctions affecting Iran's oil exports come into force on Novembe...

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  • Plane passengers bled from their noses, ears on Jet Airways flight
Plane passengers bled from their noses, ears on Jet Airways flight

Aircraft Accident Investigation Bureau is conducting an enquiry into the incident. The airline said the flight's cockpit crew was removed from scheduled duties pending an investigation. "Thirty passengers had nosebleed, a few bled from the ear and some had headache", the official said. "I saw a passenger sitting next to me bleeding from the nose"...

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  • Oil cartel backs Iran in face of looming USA sanctions
Oil cartel backs Iran in face of looming USA sanctions

U.S. Energy Secretary Rick Perry said in an interview with Reuters on Friday that he did not expect any price spikes and that the world's top three oil producers could between them raise global output in the next 18 months. Crude oil started the week on a positive note as latest reports revealed that Iranian crude oil exports continued to dec...

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  • My Brexit plan or crash out of European Union, says Theresa May
My Brexit plan or crash out of European Union, says Theresa May

Labour's Shadow Foreign Secretary Emily Thornberry last week claimed her party could force Mrs May out of government before Christmas. The India-born scientist, who as president of the UK's Royal Society is the country's key advocate for science, warned that Britain is in danger of losing its position as a leading scientific hub in the event of...

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  • Freeland to head back to Washington for more NAFTA negotiations
Freeland to head back to Washington for more NAFTA negotiations

Trump has notified Congress he intends to sign the trade deal reached last week with Mexico by the end of November, and officials said the text would be published by around October 1. "It can't be renamed something or called something else", Perdue said when asked about dairy concessions needed to reach a NAFTA deal, referring to a new milk class c...

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  • British Airways' latest tech problem is a major credit card hack
British Airways' latest tech problem is a major credit card hack

Travel and passport details remain secure, British Airways says. Anxious customers rushed to social media and helplines after the airline urged anyone who suspected they may have been affected to contact their bank or credit card provider.

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  • Bitcoin and other cryptocurrencies suffer a sudden crash
Bitcoin and other cryptocurrencies suffer a sudden crash

A fund holding the currency could attract more investors and push its price higher. Edward Morra, a Crypto trader and technical analyst, noted that the correction is arriving for Bitcoin unless it indicates a movement reversal supported by a cluster in volume.

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  • Mercedes-Benz EQC, 2020 Genesis G80, Volvo self-driving vehicle
Mercedes-Benz EQC, 2020 Genesis G80, Volvo self-driving vehicle

To reduce power consumption, the front electric motor is optimized for efficiency in the low to medium load range, while the rear e-motor adds sportiness. The Mercedez EQC consumes 22.2 kWh for a 100 km ride with 0 combined Carbon dioxide emissions as per provisional figures figures released by the German Technical Service Corporation.

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  • Two Pearland friends going viral after pranking McDonald’s with diversity poster
Two Pearland friends going viral after pranking McDonald’s with diversity poster

Taking stock of the posters showing people enjoying their own McDonald's meals, Maravilla said he noticed none in the restaurant they frequented featured Asian people. Once they were sure nobody was watching, Maravilla took off his jacket to reveal his uniform and badge, complete with a tie and walkie-talkie. Watch the full breakdown of how he pu...

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  • Boston's Ayanna Pressley follows trail blazed by Alexandria Ocasio-Cortez
Boston's Ayanna Pressley follows trail blazed by Alexandria Ocasio-Cortez

Ayanna Pressley , touted as the next Alexandria Ocasio-Cortez, just won a MA primary. Ayanna Pressley , a Boston city councilor who ran as a progressive activist, ousted 10-term Democratic Rep. Quentin Palfrey has won the Democratic primary for lieutenant governor in MA, ending comic Jimmy Tingle's bid to shift from political humor to politic...

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  • Amazon's market value tops $1 trillion
Amazon's market value tops $1 trillion

Now, Amazon has followed in Apple's footsteps - the online retail giant successfully snagged the trillion-dollar company title for itself today, albeit temporarily. "The Amazon Washington Post has gone insane against me ever since they lost the Internet Tax Case in the U.S. Supreme Court two months ago", Trump tweeted in July.

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  • Petrol, diesel prices rise for the 10th day. Check today’s rates here
Petrol, diesel prices rise for the 10th day. Check today’s rates here

In Mumbai, the price petrol touched Rs 86.56 a litre - an increase by Rs 0.58/litre - and diesel to Rs 75.54/litre - an increase by Rs 0.44/litre, respectively. Globally, oil prices rose on Monday, supported by concerns that falling Iranian output will tighten markets once U.S. sanctions bite from November, but gains were limited by higher supply f...

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  • Elon Musk sparks controversy again by reviving 'pedo' issue
Elon Musk sparks controversy again by reviving 'pedo' issue

Mr Musk added: "He was offered free legal services". In another extraordinary tweet , replying to another Twitter user, he said: "You don't think it's unusual Unsworth hasn't sued me?" "I am in the process of preparing a civil complaint for libel against you", the note reads.

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  • Iran to Open Lawsuit Against Washington’s Sanctions at UN’s Top Court
Iran to Open Lawsuit Against Washington’s Sanctions at UN’s Top Court

Members of the International Court of Justice attend a hearing for alleged violations of the 1955 Treaty of Amity between Iran and the USA, at the International Court in The Hague, Netherlands August 27, 2018. London-based lawyer Samuel Wordsworth, for Iran, told the court the measures were threatening Iranians' access to medicines as well as d...

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  • United States sanctions Russian firms, vessels over NK activity
United States sanctions Russian firms, vessels over NK activity

Tuesday's announcement came just days after Washington imposed sanctions on a Russian port service agency as well as Chinese companies for aiding North Korean ships and selling alcohol and tobacco to Pyongyang in breach of US sanctions.

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  • PepsiCo Bets on Healthy, Eco-friendly With SodaStream Buy
PepsiCo Bets on Healthy, Eco-friendly With SodaStream Buy

PepsiCo is in the process of expanding its water offerings . The purchase will probably be the last big move by Nooyi, who said this month she's stepping down as head of the beverage company after 12 years in the job. SodaStream's revenues were $543.4 million, while PepsiCo had revenues of $63.5 billion. Matthew Barry, senior analyst of beve...

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  • China unperturbed by trade war at the street level - Reuters Poll
China unperturbed by trade war at the street level - Reuters Poll

In the latest development, Turkey announced Wednesday that it will increase tariffs on USA imports including rice, vehicles, alcohol, coal and cosmetics, in response to Trump's decision last Friday to double the tariffs on Turkish steel and aluminum.

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  • Turkey's Erdogan hits back with retaliatory Sanctions
Turkey's Erdogan hits back with retaliatory Sanctions

Last week, Washington doubled steel and aluminium tariffs on Turkey over its continued detention of USA pastor Andrew Brunson . President Donald Trump tweeted on Thursday that the USA will "pay nothing" for the release of a jailed American Pastor in Turkey, but would punish Ankara if he is not released.

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  • Turkish lira rallies ahead of Albayrak presentation
Turkish lira rallies ahead of Albayrak presentation

Robust U.S. economic data this year, even as Europe and other major economies have lost some steam, has helped keep the U.S. Federal Reserve on track to raise interest rates twice more this year, which should boost the appeal of the dollar further.

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  • Chinese official to visit U.S. to resume talks to end trade war
Chinese official to visit U.S. to resume talks to end trade war

A senior USA government official confirmed the talks and said: "We expect to discuss steps to achieve a more balanced trading relationship". The Chinese delegation will be led by Vice Minister of Commerce Wang Shouwen, while the United States team is led by Under Secretary of Treasury for International Affairs David Malpass, the Ministry of Com...

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  • Turkey slaps 140% tariff on American alcohol
Turkey slaps 140% tariff on American alcohol

It was up about 5 percent on Tuesday, at about 6.52 per dollar, having fallen 42 percent so far this year, with most of those losses coming in recent weeks. On Friday, Turkey's Foreign Ministry (MFA) said Turkey would retaliate against the raising of steel and aluminium tariffs by the United States administration.

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  • Tackling US sanctions: Iran offers discounted oil to Asia
Tackling US sanctions: Iran offers discounted oil to Asia

Analysts polled by S&P Global Platts Monday were looking for U.S. crude inventories to have declined by 1.7 million barrels for the week ending August 10, with refinery runs remaining high on healthy margins and strong export demand. Hedge funds and other money managers cut their bullish positions on U.S. crude to the lowest level since June, data ...

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  • 22 dead in Italy after motorway bridge collapses
22 dead in Italy after motorway bridge collapses

Angelo Borrelli, head of the Civil Protection service which manages disaster areas, told reporters in Rome that an additional 13 people had been injured. "I have given mandate to my ministry to start all proceedings to apply the agreement, that is to revoke the concession from these companies and seek significant sanctions which can reach up to $...

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  • Turkey: Misunderstanding between Trump and Erdogan tanked economy
Turkey: Misunderstanding between Trump and Erdogan tanked economy

The top US diplomat in Turkey , Charge d'Affaires Jeffrey Hovenier, visited Brunson and his wife, Norine, Tuesday, calling on Turkey to resolve his case "without delay and in a fair and transparent manner". Turkish President Recep Tayyip Erdogan has accused the United States of stabbing Turkey in the back and on Tuesday called for a boycott of U...

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