European markets slump as euro gains on ECB 'taper' talk

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PARIS: European stock markets ended the week down as the euro extended its gains on Friday (Jul 21) after the European Central Bank said it would reassess its monetary policy stance in the autumn, fuelling talk that the age of cheap money was coming to an end. Eurozone markets slumped more the 1.5 … Powered […]

The Latest: Walesa supports Poland's new political struggle – Daily Mail

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Daily Mail The Latest: Walesa supports Poland’s new political struggleDaily MailPolish democracy icon and ex-President Lech Walesa has told a large crowd of anti-government protesters in Gdansk that he will always support their struggle. Opposition supporters shout slogans and raise candles as they protest in front of the Supreme …Hungary’s Orban defends Polish government as they […]

US investigators seek to turn Manafort in Russia probe – sources – Channel NewsAsia

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Channel NewsAsia US investigators seek to turn Manafort in Russia probe – sourcesChannel NewsAsiaU.S. investigators examining money laundering accusations against President Donald Trump’s former campaign manager Paul Manafort hope to push him to cooperate with their probe into possible collusion between Trump’s campaign and Russia, two …Trump Says He Has ‘Complete Power’ to PardonNew York TimesTrump […]

Indonesian president orders officers to shoot drug traffickers – Channel NewsAsia

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Channel NewsAsia Indonesian president orders officers to shoot drug traffickersChannel NewsAsiaIndonesia’s President Joko Widodo gestures during an interview with Reuters in Jakarta, Indonesia, July 3, 2017. REUTERS/Beawiharta/Files. 22 Jul 2017 05:00PM (Updated: 22 Jul 2017 08:18PM ) …Jokowi issues order to shoot drug traffickersThe Straits TimesIndonesian President tells police to shoot foreign drug dealers who resist […]

Alternate History of Singapore Scoops Comic Books Awards in US – U.S. News & World Report

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U.S. News & World Report Alternate History of Singapore Scoops Comic Books Awards in USU.S. News & World ReportSingapore’s skyline is seen June 17, 2017. Picture taken June 17, 2017. REUTERS/Thomas White REUTERS/Thomas White Reuters. SAN DIEGO, Calif (Reuters) – Singaporean graphic novelist Sonny Liew dominated the comic industry’s equivalent of the …Graphic novelist Sonny Liew […]

Who is Anthony Scaramucci, Trump's new communications director? – The Straits Times

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The Straits Times Who is Anthony Scaramucci, Trump’s new communications director?The Straits TimesAnthony Scaramucci, the Trump administration’s new communications director. Founder and Co-Managing Partner at SkyBridge Capital, he is seen here making opening remarks during the SALT conference in Las Vegas, Nevada, in the US, on May 17, 2017.A New Veneer: Inside the White House […]

'Never been about race': black activists on how Minneapolis reacted to Damond shooting – The Guardian

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The Guardian ‘Never been about race’: black activists on how Minneapolis reacted to Damond shootingThe GuardianSome questioned whether activists had protested less over the death of a White Australian woman. Friday night’s anger at mayor Betsy Hodges and the departure of the city’s police chief answered that. Valerie Castile, centre, mother of shooting Philando …Minneapolis shooting […]

East Timorese form long lines to vote in parliamentary election – Channel NewsAsia

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Channel NewsAsia East Timorese form long lines to vote in parliamentary electionChannel NewsAsiaVoters in East Timor queued up on Saturday to cast their vote in the country’s fourth parliamentary elections since independence in a ballot where campaigning has focused on development and jobs in Asia’s youngest democracy. East Timorese wait in line …Main parties in […]

Tech group sides with Apple in Qualcomm's iPhone ban dispute

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REUTERS: A group representing major technology companies has aligned itself against Qualcomm Inc in its legal dispute with Apple Inc by calling on regulators to reject Qualcomm’s bid to ban the import of iPhones. A lobbying group that represents Alphabet Inc’s Google, Amazon.com Inc, Microsoft … Powered by WPeMatico

Volkswagen fined US$154m more in US for dieselgate

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NEW YORK: Volkswagen must pay an additional US$154 million to California to settle state environmental charges in the latest penalty in the scandal over its use of emissions “defeat devices,” regulators announced on Thursday (Jul 20). The sum is on top of US$533 million VW already paid to … Powered by WPeMatico

Microsoft profit rises on shift to cloud computing

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SAN FRANCISCO: Microsoft on Thursday (Jul 20) reported that its quarterly profit climbed to US$6.5 billion, lifted by its shift to computing services hosted in the internet cloud. The US technology giant said revenue in the recently ended quarter rose to US$23.3 billion, with US$7.4 billion of … Powered by WPeMatico

Retailers slide as Nasdaq ekes out third record close

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NEW YORK: The Nasdaq edged to its third straight record close on Thursday (Jul 20) while the Dow dipped following mixed earnings, and home improvement retailers tumbled on news of Amazon’s latest venture. Trading was muted after all three leading US indices finished at records on Wednesday, as … Powered by WPeMatico

Ford to petition to avoid recall of 2.2 million vehicles

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WASHINGTON, : Ford Motor Co will petition to avoid an immediate recall of about 2.2 million vehicles with Takata air-bag inflators that the Japanese auto supplier declared defective last week, U.S. regulators and the automaker said Friday. The National Highway Traffic Safety Administration said … Powered by WPeMatico

Gloomy outlook from GE sends shares lower

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NEW YORK: General Electric offered a downcast earnings outlook on Friday (Jul 21) based on weakness in its oil and gas and power divisions, as the company’s leadership transitions to incoming chief executive John Flannery. GE, which last month tapped Flannery to replace longtime CEO Jeff Immelt … Powered by WPeMatico

ECB survey finds markets expect lower inflation

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FRANKFURT AM MAIN: Financial experts in the European Union have lowered their inflation expectations for the coming years, a European Central Bank survey published on Friday (Jul 21) showed, reflecting the institution’s complicated path to its price stability target. In its quarterly survey of … Powered by WPeMatico