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World's longest nonstop flight departs Singapore for NY

World's longest nonstop flight departs Singapore for NY

From Singapore to Newark, the flight will run about 17 hours and 25 minutes; it's the return flight from Newark to Singapore that will likely exceed 19 hours . "The A350-900ULR is an aircraft tha...

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Singapore Airlines launches world's longest flight to NY

Singapore Airlines launches world's longest flight to NY

The world's longest non-stop commercial flight has landed in NY, ending a journey from Singapore of more than 15,000km in 17 hours and 52 minutes. And if the airline's International Culinary Panel...

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Boston Dynamics' Atlas robot now does parkour

Boston Dynamics' Atlas robot now does parkour

The best way to appreciate the latest video of Boston Dynamics' "Atlas" robot is with Survivor's 1982 hit "Eye of the Tiger" blasting at the same time. Remember Atlas, the robot that can run like a...

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James Murdoch tipped to lead Tesla board

James Murdoch tipped to lead Tesla board

He has no experience in manufacturing and has never led a company that makes cars or electric vehicles. Mr Murdoch, the younger son of Rupert Murdoch, has served on Tesla's board since 2017. Also no...

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30 million Facebook users have personal data accessed by hackers

30 million Facebook users have personal data accessed by hackers

Facebook Inc said Friday attackers stole names and contact details of 29 million users in the mass security breach disclosed by the social media network late last month. The vulnerability had e...

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Police arrest ZCTU protesters, Harare in lockdown…2 % Tax Demo

Minister Mathema said the law enforcement agents would not hesitate to bring to book those who want to cause disturbances among peace loving citizens by not following the law. The labour body yesterda...

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IKEA to invest Rs 2000 crore in its Bengaluru store

IKEA to invest Rs 2000 crore in its Bengaluru store

The people in Hyderabad welcomed IKEA with great enthusiasm. The company will in the coming years open stores in Chile, Colombia and Peru through a new Ikea franchisee called Falabella as part of it...

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IEA: Expensive Energy Is Threatening Economic Growth

In its latest Oil Market report, the IEA said that that the oil market is "adequately supplied for now", but that recent global events could affect supply, prompting a further spike in oil prices....

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China's trade surplus with the United States hit record highs in September

China's trade surplus with the United States hit record highs in September

Despite a worsening tariff war, China's trade surplus with the United States has widened to a record $34.1bn in September. The increase, the result of both increasing exports from China to the US ...

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Theresa May verging closer to Brexit deal but is facing cabinet resignations

Theresa May verging closer to Brexit deal but is facing cabinet resignations

Red lines: DUP leader Arlene Foster in Brussels. She repeated that Britain wanted a new trade deal by the end of December 2021 at the latest. Some of May's ministers have urged her to put a time...

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China's September export growth tops forecasts, surplus with U.S. record high

China's September export growth tops forecasts, surplus with U.S. record high

But China's trade surplus with the U.S. grew 10 percent in September from a record $31 billion in August, according to China's customs administration. Analysts say a sharp depreciation of the yuan has...

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Fix trade, don't destroy it, International Monetary Fund chief Christine Lagarde warns

Fix trade, don't destroy it, International Monetary Fund chief Christine Lagarde warns

It predicted 2.9 percent USA growth this year, dropping to 2.5 percent next year, and to 1.8 percent in 2020, as the effect of US tax cuts wears off and the trade war with China inhibits growth. The...

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Brexit deal 'within reach' says Barnier

Brexit deal 'within reach' says Barnier

At least three eurosceptic Cabinet ministers are said to be considering quitting over the latest concession, which appears to contradict Mrs May's promise earlier this year that the backstop would exp...

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Trump says Chinese 'lived too well for too long'

Trump says Chinese 'lived too well for too long'

I think the Fed has gone insane", the USA president said. The Federal Reserve can likely stop raising U.S. interest rates once they reach about 3 per cent, as long as inflation remains around 2 per ...

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Pakistan to seek International Monetary Fund bailout to overcome financial crisis

Pakistan to seek International Monetary Fund bailout to overcome financial crisis

The Fed last raised rates in September and left intact its plans to steadily tighten monetary policy, as it forecast that the USA economy would enjoy at least three more years of economic growth. He s...

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Wall Street Yo-Yos in Early Trading Thursday

Wall Street Yo-Yos in Early Trading Thursday

That will raise the cost of corporate borrowing and could drag on economic growth. It also raised the stakes for United States inflation figures due later on Thursday, as a high outcome would only s...

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Wall Street extends sell-off, S&P breaches key level

Wall Street extends sell-off, S&P breaches key level

The Dow Industrials opened down more than 100 points, while the S&P 500 and Nasdaq fell as well, but all three indexes were up by 10 am ET. The benchmark index fell for the fifth straight day, which...

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After Stock Market Drop, President Trump Says Federal Reserve ‘Has Gone Crazy’

After Stock Market Drop, President Trump Says Federal Reserve ‘Has Gone Crazy’

I think the Fed has gone insane", Trump told reporters on his way to a rally in Pennsylvania. "They're so tight. I think the Fed has gone insane", Trump told reporters on the tarmac in Pennsylvania....

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Anxious about the stock market bloodbath? Here's why you shouldn't panic

Anxious about the stock market bloodbath? Here's why you shouldn't panic

MSCI's gauge of stocks across the globe fell percent, its biggest single-day fall since February. The 10-year Treasury yield remained at 3.20 percent, about where it was late Tuesday, after earlier ...

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Dow Jones plunges 800 points as tech stocks tumble

Dow Jones plunges 800 points as tech stocks tumble

President Donald Trump has renewed criticism of the United States central bank, blaming "crazy" interest rate rises for prompting steep stock market falls. An additional 1.5-percentage-point fall woul...

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Swiss economy predicted to grow 3% by end of year

Swiss economy predicted to grow 3% by end of year

The reserve requirement ratio (RRR) was cut by a full percentage point, effective Octover 15, injecting a net 750 billion yuan (US$109.2 billion) in cash into the banking system. The Group of 24 (G-24...

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Dow Jones closes down more than 800 points

Microsoft dropped 4 percent to $107.82. Computer companies led the S&P 500 to a fifth straight loss, the longest slump since Donald Trump was elected. Technology and internet-based companies are k...

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Dow Jones Industrial Average plummets 831 points on Wednesday trading

The S&P 500 is on track for its fifth drop in a row and its biggest decline since April. "The stock market in the US has started to take notice, and will continue to, particularly if the speed at ...

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Sears hires advisers for bankruptcy filing

Sears hires advisers for bankruptcy filing

Sears shares were down more than 28 percent in early morning trading Wednesday. "Alan brings deep experience as a director for companies that went through complex organizational change", said Sear...

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Google unveils new Pixel smartphone at 10 media events around the world

Google unveils new Pixel smartphone at 10 media events around the world

Best Buy is a massive retailer partner to have on board for the Pixel 3 and Pixel 3 XL , but unfortunately, the partnership is only to sell the phones as "Verizon" devices. We've been impressed with ...

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Iran says Saudi Arabia claims to replace its oil 'unbelievable'

Iran says Saudi Arabia claims to replace its oil 'unbelievable'

Indian Oil Corp Chairman Sanjiv Singh said options for paying Iran are under discussions. The early October figures add to signs, however, that Iranian exports are falling more steeply than expect...

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Islamabad to start talks with IMF for bailout loan

Islamabad to start talks with IMF for bailout loan

International Monetary Fund chief economist Maurice Obstfeld said at the launch of its World Economic Outlook that due to recent developments, this past projection has proven to be "over-optimistic"....

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China central bank moves to pump extra US$110bn into economy

China central bank moves to pump extra US$110bn into economy

The People's Bank of China announced on Sunday a 100 basis points cut to the reserve requirement ratio (RRR) for most banks , which will result in an injection of 750 billion yuan ($109.2 billi...

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Pakistan To Open Talks With IMF For Emergency Financial Assistance

Pakistan To Open Talks With IMF For Emergency Financial Assistance

China was set to grow by 6.2 in 2019, down from the 6.4 percent projected last July. Instead it now looks like it is going to have to rein in spending and increase taxes. The euro zone's 2018 growth...

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Despite US sanctions, India will buy oil from Iran in November

China is reportedly reducing its oil imports from Iran , though it's not likely to fully comply with the us demands. India and Turkey have also dismissed the unilateral American measures. The pap...

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