• Virgin Galactic has reached suborbital space for the first time
Virgin Galactic has reached suborbital space for the first time

Branson, who plans to be on the first passenger trip aboard VSS Unity , has said he hoped Virgin Galactic's pilots would reach space before December 25 . "Today we have shown Virgin Galactic can open space to the world", Branson said, adding he aimed for a commercial space flight with passengers - including himself - by March 2019.

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  • Auto Stocks Go Up After China Considering Easing Import Tariffs
Auto Stocks Go Up After China Considering Easing Import Tariffs

US vehicle manufacturers that were deeply affected by the US-China trade war will see their profits gain steam. The soybean purchases by Chinese state-owned companies, valued at more than US$500 million, would do little to reduce the US$43.1 billion USA trade deficit with China, which Trump wants to narrow over the long term.

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  • House and Senate reach compromise on reforming sexual harassment policies
House and Senate reach compromise on reforming sexual harassment policies

That resolution was tucked into a procedural vote, which passed 206-203, with 18 Republicans voting against it and five Democrats for . "I've worked on a lot of other stuff - tax bills, trade, transportation, highways, railroads, safety issues, things like that", Thune said, "but when it comes to our state's No.

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  • OPEC and Russian Federation agreed to output cut, despite United States pressure
OPEC and Russian Federation agreed to output cut, despite United States pressure

Most of the large oil producers have reached to the agreement to cut the oil production. Its oil production level of 11.4 million barrels per day will be reduced by about 2 percent, to 228 thousand barrels. Iran maybe exporting around 1 million barrels per day now and any reduction may tighten the oil markets, especially around seasonally stron...

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  • Opec defies Trump with production cut
Opec defies Trump with production cut

Saudi Arabia , OPEC's de facto leader, has faced demands from US President Donald Trump to help the global economy by refraining from cutting oil supplies. Thursday's inconclusive talks could end up giving the president what he wants. It also cut its 2019 view by 16.4% to $54.19. 'Iran will insist on an exemption until sanctions are removed, ...

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  • Uber files for $76 bln initial public offering
Uber files for $76 bln initial public offering

The company's floatation has always been expected to debut in 2019, but Uber's early approach in filing paperwork to the Securities and Exchange Commission means Uber could go public "as soon as the first quarter", according to the WSJ .

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  • Marlboro cigarettes' parent company delves into marijuana market
Marlboro cigarettes' parent company delves into marijuana market

The investment is a 45% stake and Altria could pay another $1.4 billion for warrants that would increase its stake to 55% over the next five years. "Investing in Cronos Group as our exclusive partner in the emerging global cannabis category represents an exciting new growth opportunity for Altria ", Howard Willard, Altria's chairman and CE...

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  • U.S. hiring pullback could signal mild slowdown in growth
U.S. hiring pullback could signal mild slowdown in growth

That's less than the roughly 200,000 jobs a month that the economy has been creating for the past year. Manufacturing rose by 27,000, while transportation and warehousing contributed 25,000. "The economy continues to churn out new jobs and reflects the strong underlying business conditions that point to steady, albeit slower job growth and economic...

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  • Just TWO constituencies support Theresa May's Brexit deal
Just TWO constituencies support Theresa May's Brexit deal

The letter urges MPs to vote against the Prime Minister's withdrawal agreement next Tuesday and support the revocation of Article 50. With parliament mid-way through a five-day debate on the Brexit deal before the vote on Tuesday which will define Britain's departure from the European Union and could determine May's future as leader, she ...

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  • Beijing separates Huawei CFO’s arrest from USA trade talks
Beijing separates Huawei CFO’s arrest from USA trade talks

The Trump administration says they benefit from improper subsidies and market barriers. Officials discovered ZTE was selling its products with US technology to Iran and North Korea. Chinese Commerce Ministry spokesman Gao Feng said China is confident it can reach a deal during the 90 days that Trump agreed to suspend a scheduled increase in US im...

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  • Huawei executive arrested by Canadian officials at United States request
Huawei executive arrested by Canadian officials at United States request

In a statement to Daily Hive, Federal Department of Justice spokesperson Ian McLeod confirmed that Wanzhou Meng was arrested in Vancouver on December 1. In 2013, Reuters said that Meng served on the board of Skycom Tech, a Hong Kong-based firm that attempted to sell embargoed computer equipment to Iran's Mobile Telecommunication Co, in violat...

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  • Qatar to withdraw from OPEC, focus on gas exports
Qatar to withdraw from OPEC, focus on gas exports

Officials in Doha claim this is not behind their reason to leave OPEC, however, Minister of State for Energy Affairs Saad al-Kaabi made a less than veiled swipe at the boycotters during the announcement. Kaabi said, "Qatar has chose to withdraw its membership from OPEC effective January 2019". " They are making their point ", the expert said, str...

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  • Trade truce with China means big changes in Beijing policy
Trade truce with China means big changes in Beijing policy

Buyers and analysts quickly pointed out on Monday that China's tariffs on US farm produce are still in place, mostly 25 per cent duties on soybeans, corn, sorghum and wheat. The two sides also agreed to negotiate over the next 90 days to resolve issues of concern raised by the United States including intellectual property protection, non-tariff tra...

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  • Things to know about George H.W. Bush funeral services
Things to know about George H.W. Bush funeral services

Capitol Rotunda. "As much as our family is going to miss this dog, we're comforted to know he'll bring the same joy to his new home, Walter Reed, that he brought to 41", Bush wrote. Sully , who is trained with tasks related to pushing, tugging, bracing and retrieval, will join Walter Reed National Military Medical Center's Facility Dog Progra...

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  • US, China agree to 90-day truce to hash out trade differences
US, China agree to 90-day truce to hash out trade differences

Trump told Xi at the start of their meeting he hoped they would achieve "something great" on trade for both countries. The White House called the meeting "highly successful", saying the USA will leave existing tariffs on $200 billion of Chinese goods at 10 percent and refrain from raising that rate to 25 percent as planned on January 1.

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  • Apple could 'ultimately mitigate' Trump's tariffs, UBS says (AAPL)
Apple could 'ultimately mitigate' Trump's tariffs, UBS says (AAPL)

Mr Trump told The Wall Street Journal that the goods from China that could be subjected to new tariffs included iPhones and laptops. Apple CEO Tim Cook has personally pressed the issue of tariffs with Mr Trump, telling the President that while there are valid concerns about US-China trade relations, tariffs are not the best way to resolve the...

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  • Trump says GM 'better' add new facility in Ohio after cuts
Trump says GM 'better' add new facility in Ohio after cuts

Shares in the company rallied 7.6 percent to $38.66. The plant is used to make the Cadillac XTS and Chevrolet Impala sedans as well as the Chevrolet Silverado and GMC Sierra trucks. In July 2017, Trump made a speech in Youngstown, Ohio near the GM plant and vowed jobs were "all coming back". GM's North American salaried workforce, including engin...

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  • EU, UK Will Remain Allies, Partners and Friends After Brexit - Michel Barnier
EU, UK Will Remain Allies, Partners and Friends After Brexit - Michel Barnier

The comments were echoed by Johnson, who received a rapturous applause from the delegates, saying Britain would be left as a "satellite state" by the deal. "Europe and the United Kingdom have accepted the Spanish demands, and as a result, Spain lifts its veto and will vote tomorrow in favour of Brexit", he said in a televised statement .

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  • Apple reportedly slashes production orders for iPhone XR and XS
Apple reportedly slashes production orders for iPhone XR and XS

Reports on the internet are attributing the reduction in production to the "lower-than-expected" demand of the latest devices. Maxim Group lifted their target price on Apple to $221.00 and gave the stock an "average" rating in a report on Thursday, September 13th.

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  • Nissan Chairman Carlos Ghosn reportedly arrested over financial misdealing
Nissan Chairman Carlos Ghosn reportedly arrested over financial misdealing

It said an investigation found that Ghosn and another board member had been under-reporting Ghosn's compensation. Based on a whistleblower report, Nissan Motor Co., Ltd. The companies in the alliance own parts of each other and share investments in new technologies, among other things. He was in that post till past year.

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  • Jennie-O Turkey Products Recalled
Jennie-O Turkey Products Recalled

The raw ground turkey products items were produced on September 11, 2018. "7% FAT " with "Use by" dates of 10/01/2018 and 10/02/2018. The products facing recall include 1-pound packages of Jennie-O 93% lean raw ground turkey, taco seasoned turkey, 85 percent lean ground turkey, and Italian-seasoned ground turkey.

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  • Woman killed by 'panicked driver' as protesters block roads across France
Woman killed by 'panicked driver' as protesters block roads across France

The "yellow vests" movement, named for the high-visibility jackets worn by supporters, erupted on social media last month with calls for blockades of roads and motorways. A woman has been killed in a "tragic accident" after a auto rammed into protesters in France . Protesters pledged to target tollbooths, roundabouts and the Paris orbital bypa...

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  • Big question for Amazon's 2 chosen cities: Will it pay off?
Big question for Amazon's 2 chosen cities: Will it pay off?

Bartik, an economist for the Upjohn Institute in Kalamazoo, Mich., who has studied tax incentives . Amazon's decision to split HQ2 between New York City and Arlington, Virginia (a suburb of Washington , DC) could translate to higher salaries for the average tech worker in both areas, according to the CEO of the job matching site Hired ...

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  • Over 10,000 Structures Destroyed By Camp Fire
Over 10,000 Structures Destroyed By Camp Fire

At least 63 people have been confirmed dead in the Camp Fire, which erupted a week ago in the drought-parched Sierra foothills 175 miles (280 km) north of San Francisco and now ranks as one of the most lethal single US wildfires since the turn of the last century.

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  • United States oil continues to fall. When will the turnaround come?
United States oil continues to fall. When will the turnaround come?

Oil prices have plunged more than $20 a barrel since the start of October , when Brent crude rose to almost $87 a barrel and U.S. benchmark West Texas Intermediate (WTI) traded around $77. The Indian market too welcomed the fall in worldwide oil prices and opened higher today. Brent was trading at $65.54 a barrel, following its largest one-...

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