• Facebook now says data breach affected 29 million users
Facebook now says data breach affected 29 million users

Shedding new light on the hack, Mr Rosen said the attackers used an "automated technique" to move from account to account stealing tokens of friends-of-friends, "totalling about 400,000 people". Facebook says the FBI is investigating a major security breach of its service, but the company says authorities asked it not to discuss who may be behind t...

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  • Singapore Airlines hikes India fares by up to 2%
Singapore Airlines hikes India fares by up to 2%

The world's longest direct flight has taken off from Singapore and is expected to reach NY in the next 19 hours. Its long-range Airbus A350-900 aircraft will take 19 hours to fly the Singapore-New York route and carry 161 passengers, non in "cattle" class.

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  • IMF, Pakistan to meet as Islamabad seeks bailout
IMF, Pakistan to meet as Islamabad seeks bailout

Although the newly projected rate is same as last year's rate of 3.7 percent, this growth exceeds that achieved in any of the years between 2012 and 2016, and it occurs as many economies have reached or are nearing full employment and as earlier deflationary fears have dissipated.

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  • Foster warns of 'catastrophic' impact of Brexit barrier
Foster warns of 'catastrophic' impact of Brexit barrier

DUP leader Arlene Foster insisted on Tuesday that her party would not accept customs or regulatory checks on goods travelling in either direction between Northern Ireland and Great Britain after meeting EU chief negotiator Michel Barnier in Brussels , and again following talks on Wednesday with European Parliament Brexit co-ordinator Guy Verh...

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  • Rupee breaches 74-mark against dollar as RBI keeps policy rate unchanged
Rupee breaches 74-mark against dollar as RBI keeps policy rate unchanged

Consistent dollar demand from importers following higher crude oil prices, kept the rupee under pressure. . "Till when will the 56-inch chest be on "silent mode". The 10-year benchmark bond yield fell to 8.08 percent from 8.13 percent before the policy was announced, as traders expected a rate hike were caught wrong-footed.

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  • Petrol, diesel prices cut by Rs 2.50 after excise reduction
Petrol, diesel prices cut by Rs 2.50 after excise reduction

In an oblique reference to the opposition parties, Jaitley said it will be a test for those states whose leaders were only tweeting and indulging in lip sympathy. Mr Jaitley expressed hope that the states will reduce state tax on fuel along with centre's move. Shares of oil marketing companies fell after finance minister Arun Jaitley said t...

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  • Oil Prices Hit $85pb Highest Since 2014
Oil Prices Hit $85pb Highest Since 2014

Benchmark West Texas Intermediate , or WTI, crude futures rose to the upper 75-dollar per-barrel range on Monday. Brent futures were up $1.28 a barrel at $84.01 by 11:38 a.m. This is just as the price of crude oil , yesterday surged towards $84 per barrel, the highest so far this year this is as a result of output shortfalls in Iran , now bein...

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  • Amazon to raise minimum wage to $15 for US employees
Amazon to raise minimum wage to $15 for US employees

That could be good news for numerous Internet giant's workers across North Carolina. The median pay for an Amazon employee a year ago was $28,446, although that includes executives and other non-warehouse workers, according to government filings.

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  • Tesla's SEC deal provides ammunition for US probe, investor lawsuits
Tesla's SEC deal provides ammunition for US probe, investor lawsuits

According to the SEC, Musk has agreed to not only relinquish his position, but will also pay a hefty $20 million fine (in which the company also has to pay an equivalent amount). In addition, Tesla continues to lack access to cash incentives available to locally produced electric vehicles in China that are typically around 15% of MSRP or more.

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  • Tesla chief Elon Musk's SEC settlement: What experts are saying
Tesla chief Elon Musk's SEC settlement: What experts are saying

Musk has agreed to pay out the $20 million fine . As part of a settlement with the US Securities and Exchange Commission, Tesla will hire an independent chairman and two non-executive directors and will create a board-level committee to oversee Mr Musk's communications.

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  • Tesla stock roars back after Elon's SEC deal
Tesla stock roars back after Elon's SEC deal

In a statement , the SEC added that the settlements are subject to court approval and that they would also require comprehensive corporate governance and other reforms at Tesla . Analysts from Cowen wrote in a note over the weekend that while the settlement would likely lead to a near-term bump for Tesla shares, it could leave Musk open to ...

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

On Thursday, Trump linked American support for Middle Eastern countries to oil prices as he again urged OPEC to lower prices. Oil prices have increased from about $50 a barrel last September to more than $70 a barrel today, with a rebalancing of supply and demand in the market as well as major weather and geopolitical events playing a part.

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  • Oil prices fall as economic concerns counter tightening supplies
Oil prices fall as economic concerns counter tightening supplies

USA crude oil production in 2018 is expected to grow 1.31 million barrels per day to 10.66 million bpd, little changed from EIA's previous forecast. In addition, the European Union, which had previously joined the U.S.in targeting Iranian oil exports in 2012, has shown its unwillingness to follow Washington's lead this time around, openly vowi...

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  • Bank of Baroda-Vijaya-Dena merger: Gainers, losers, swap ratio and more
Bank of Baroda-Vijaya-Dena merger: Gainers, losers, swap ratio and more

The merged entity will have total assets of more than Rs 14 lakh crore. "Alternative mechanism under Finance Minister, Arun Jaitley suggests bankofbaroda, VijayaBankIndia & dena_bank to consider amalgamation; to create India's 3rd largest globally competitive bank", he tweeted on Monday evening.

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  • Coke Considering Cannabis Drinks
Coke Considering Cannabis Drinks

It is the non-psychoactive chemical component of marijuana used for medicinal goal which doesn't produce the high that usually comes from tetrahydrocannabinol (THC). The company declined to comment on additional speculation. Two weeks later, spirits company Constellation Brands announced a new $4 billion in investment in Canada's Canopy Growt...

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  • Trump raises stakes with new round of China tariffs
Trump raises stakes with new round of China tariffs

Collection of tariffs on the long-anticipated list will start on September 24, but the rate will increase to 25 per cent by the end of this year. Beijing has said it will swiftly retaliate against American exporters - a move that stands to hurt United States farmers and other companies that sell their products to China .

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  • Amazon founder pledges $2b for the homeless
Amazon founder pledges $2b for the homeless

Bezos, whose companies are a frequent target of Trump's criticism, didn't mention Trump by name but assailed the president's attacks on the media. Jeff Bezos, founder and CEO of Amazon , was named the richest man in modern history when his fortune hit the US$150 billion mark in July.

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  • India reducing oil from Iran ahead of U.S. sanctions
India reducing oil from Iran ahead of U.S. sanctions

Secretary of State Michael Pompeo was going to announce new sanctions on Iran . " Russia and Saudi Arabia claim they seek to balance the global oil market, but they are trying to take over a part of Iran's share", Iran's governor of the Organization of the Petroleum Exporting Countries , Hossein Kazempour Ardebili, was quoted as saying b...

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  • US, Canada still have work to do on NAFTA
US, Canada still have work to do on NAFTA

Chrystia Freeland , Canada's foreign minister, returned to Washington on Tuesday for talks with U.S. Trade Representative Robert Lighthizer . "Our officials are meeting now and will be meeting until very late tonight". "Nafta has been the worst trade deal ever". Canada's main stock market started the week down for seventh-straight day amid a...

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  • Apple may be working on an always-on mode for Apple Watch
Apple may be working on an always-on mode for Apple Watch

The report states that screen burn-in is a known issue with OLED displays as it occurs over a period of time when the same assortment of pixels is kept on for significantly long amounts of time. For Apple fans, it is common knowledge that the brand will be hosting an event on September 12 to announce their upcoming range of iPhones. Now, so...

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  • Petrol Touches Rs.90.11 In This City
Petrol Touches Rs.90.11 In This City

In Mumbai, the price of petrol rose to Rs 88.26 per litre today - an increase of 14 paise. AAP leaders staged a protest at Delhi's Jantar Mantar against the fuel price hike . Rajasthan, Tamil Nadu and Assam, all of which have a higher sales tax on petrol, have a lower petrol price than Kerala. Nearly half of the retail selling price of the two f...

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  • Obama lashes out at Trump and 'radical' Republicans
Obama lashes out at Trump and 'radical' Republicans

They aren't accountable."They're not doing us a service by actively promoting 90 per cent of the insane stuff that's coming out of this White House and then saying, 'Don't worry, we're preventing the other 10 per cent.' That's not how things are supposed to work.

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  • Tesla shares reel as executives quit and CEO smokes pot on webcast
Tesla shares reel as executives quit and CEO smokes pot on webcast

But that's not it. On Friday, Tesla's chief accounting officer unexpectedly resigned after a month on the job - leaving a hole in the embattled company's management. For former Tesla production employee Crystal Guardado, the image of Musk enveloped in a cloud of smoke was particularly jarring, because she says the company fired her in past ...

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  • Apple can avoid tariffs by shifting production to U.S
Apple can avoid tariffs by shifting production to U.S

A package of tariffs worth $200bn is close to being imposed on Chinese imports to the United States and Trump's latest suggested round - which would be worth $267bn - would sharply escalate Trump's trade war with China . Sherill Mosee, founder of MinkeeBlue, a Philadelphia company that makes travel and work bags, said that her four-year-old busine...

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  • British Airways website compromised, customer data stolen
British Airways website compromised, customer data stolen

Any claims from customers impacted by the breach will be managed on a case-by-case basis, British Airways explains on its data theft incident report website (link below). We take the protection of our customers' data seriously and are very sorry for the concern that this criminal activity has caused. In June, more than 2,000 British Airways pas...

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