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World

Saturday, October 26, 2019

Trump looking to sell lease rights to Washington hotel
World

Trump looking to sell lease rights to Washington hotel

The Trump Organization is considering selling the lease rights to the luxury hotel it operates in Washington, The Wall Street Journal reported on Friday. Eric Trump, executive vice president of the Trump Organization and one of President Donald Trump's so
Updated 26 Oct, 2019 06:34am
France lays out new rules to rein in e-scooters
World

France lays out new rules to rein in e-scooters

The French government issued Friday a series of rules on the use of e-scooters, whose exploding popularity has proved a headache for officials seeking to safely incorporate them into crowded urban landscapes. Speeds for e-scooters as well as hoverboards,
Updated 26 Oct, 2019 06:55am
German consumer confidence hits three-year low
World

German consumer confidence hits three-year low

German shoppers are heading into November feeling gloomy with consumer morale hitting a three-year low on fears the country could tip into recession, a forward-looking monthly survey said Thursday. The GfK institute's confidence barometer lost 0.2 points
Updated 26 Oct, 2019 06:44am
Speedy delivery hits Amazon's bottom line
World

Speedy delivery hits Amazon's bottom line

Amazon on Thursday reported quarterly profits shy of Wall Street forecasts as it poured money into speeding up delivery time to just a day. Net income slid 27 percent from last year to $2.1 billion, with profits pressured by Amazon's spending on fast deli
Updated 26 Oct, 2019 06:44am
Xi and Bolsonaro plan increased trade amid US trade war
World

Xi and Bolsonaro plan increased trade amid US trade war

China said Friday it would increase its trade with Brazil, as it seeks to balance the impact of a protracted trade war with the US. President Xi Jinping and Brazil's President Jair Bolsonaro reaffirmed ties on Friday during the Brazilian leader's first of
Updated 26 Oct, 2019 06:43am
US government's annual budget deficit largest since 2012
World

US government's annual budget deficit largest since 2012

The US government ended fiscal year 2019 with the largest budget deficit in seven years as gains in tax receipts were offset by higher spending and growing debt service payments, the Treasury department said on Friday. The figures reflect the second full
Updated 26 Oct, 2019 06:39am
Thailand's CP Group signs $7.4 billion rail deal
World

Thailand's CP Group signs $7.4 billion rail deal

A consortium led by Thailand's largest conglomerate CP Group on Thursday signed a $7.4 billion deal to build a high-speed railway connecting three airports, the spine of an infrastructure scheme set to transform the southern coast into a tech hub. A who's
Updated 26 Oct, 2019 06:39am
GM strike poised to end
World

GM strike poised to end

General Motors autoworkers were poised to return to US factories following a lengthy strike once they hear results of the final union vote on Friday approving a new contract. Nearly 50,000 hourly workers walked off their jobs September 16, and a majority
Updated 26 Oct, 2019 06:32am
US 'close to finalizing' parts of trade deal with China
World

US 'close to finalizing' parts of trade deal with China

Washington and Beijing are making "headway" on key issues in their ongoing trade dispute and discussions will continue, the US Trade Representative's office said Friday following a phone call between senior officials. President Donald Trump heralded a maj
Updated 26 Oct, 2019 06:33am
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