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Jordan's king seen asking PM to quit, dozens arrested

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At dawn Monday, Crown Prince Hussein bin Abdullah visited the protest site outside the prime minister's office and spoke to security forces who had deployed en masse to keep protesters at bay. Jordan's prime minister refused to scrap an IMF-backed tax reform bill on Saturday that has sparked the largest protests in over five years against steep price hikes , saying it was up to parliament to decide its fate. Read More »

Check your ticket - Some Delta winners in Lotto Max

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One ticket sold in the Sault area won $1 million in a Maxmillions draw, Ontario Lottery and Gaming says. The winning numbers for the €4.5 million jackpot are 1, 7, 10, 17, 35, 37 and the bonus number is 43. Marie, Toronto and the Sault Ste. They shared: 'Check your lotto tickets. It was one of 50 guaranteed prizes of $100,000 in addition to the main jackpot and a guaranteed $1 million prize. Read More »

Bishops in Nicaragua condemn attacks on protesters

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But the Nicaraguan Bishops' Conference announced Thursday that it will not resume the dialogue as long as "the people continue to be repressed and killed" by "groups close to the government". The US State Department issued a statement condemning the "government's violent response to peaceful Mother's Day marches in Managua and other cities yesterday, including assaults on mothers mourning their children killed since protests began April 18". Read More »

The right to have lunch with Warren Buffett sold for $ 3.3 million

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The victor wasn't immediately identified by organizers. Proceeds go to the needs of the charity the Glide Foundation, which helps the homeless in San Francisco. This year's auction, which was open to pre-approved bidders only (you had to call eBay to prove that you were eligible), started at $25,000 on May 27. Read More »

Germany's Merkel to work with Italy's populist new govt

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Merkel refrained from outright criticism of Trump in her comments to the newspaper, but noted that the US has withdrawn from multilateral agreements and imposed new tariffs on steel and aluminum imports, including from Europe. "I will deal with the new Italian government openly and work with it instead of speculating about its intentions", the German Chancellor said. "We aim to make ourselves a little more independent of the International Monetary Fund", she said. Read More »

Microsoft now more valuable than Alphabet

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Apple and Amazon have the Number 1 and 2 spots, respectively. Over the past four years, Nadella has not only been able to increase the revenue of all parts of the company, but has also made drastic reductions in operating costs and spending, which helped Microsoft regain its old glory. Read More »

What do you think about the federal government's pipeline purchase?

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BC's opposition had almost killed the project...and still might finish it off despite the gamble by the federal government to nationalize the pipeline system. Construction on the 590,000-barrel-per-day expansion to the existing 300,000-bpd line, halted by Kinder Morgan in April, is to be restarted immediately in the wake of Tuesday's announcement of Ottawa's $4.5-billion purchase. Read More »

Populists campaign in Sicily after forming Italy government

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A League source said the party would not block any quick political solution that would enable Italy to deal with possible "emergencies". Mattarella then proposed Carlo Cottarelli, a non-political former International Monetary Fund official, to form a technocrat government to lead the country to new elections. Read More »

- World's first solid-state lidar unmanned logistics vehicle

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RoboSense and Alibaba will produce delivery vehicles with solid-state LiDARs for G Plus unmanned logistics cars/trucks, helping to reduce cost. With 65+ Technical Sessions, 100+ Leading Speakers, and 300+ Interactive Exhibits, there's more opportunity than ever to connect with this booming industry and the technologies driving it. Read More »

Italy's populist leaders strike deal to resurrect proposed coalition

Mr Conte's first attempt to form a government was blocked by Italian President Sergio Mattarella on account of 81-year-old eurosceptic economist Paolo Savona being put forward as Finance Minister. Five Star became the single biggest party. Although the League and Five Star are sharply at odds on key issues, they share a scepticism toward the euro and the EU that has unnerved both the European establishment and investors. Read More »

US unemployment falls to 18-year low, hiring strong

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Service providers boosted employment by 171,000, led by increases in retail, education and health services, leisure and hospitality, and transportation and warehousing. It has declined for three straight months. Over the past year, the unemployment rate among 16- to 19-year-olds has fallen from 14.1% to 12.8%. With job growth expected to slow as employers struggle to find qualified workers, economists expect wage growth will pick up significantly. Read More »

US Market Indexes Close Higher on Friday

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In small-caps, the Russell 2000 closed at 1,647.97 for a gain of 14.36 points or 0.88%. The jobs figures were helping stocks recover from a Thursday selloff triggered by the Trump administration's decision to implement tariffs on steel and aluminum imports from Canada, Mexico and the European Union. Read More »

Clean Commodities Corp. (CLE) Moves Up 10% on May 31

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WTI hit a fresh three-year high with the latter set for a second consecutive week of declines as U.S. oil output comes close to matching that of top producer Russian Federation. The political crisis knocked more than 9 perc ent off the Italian benchmark in May, its worst month since June 2016. The dollar, meanwhile, rose 0.1 per cent to 108.90 yen. Read More »

Mothercare creditors approve plans to close up to 49 sites

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The decision to close a third of Mothercare's United Kingdom operations comes after reports numerous stores have been struggling to compete with cheap supermarkets , like Aldi and Lidl. Mothercare first announced plans for its CVA on May 17, highlighting its plans to refinance its buiness and resturcture its United Kingdom store portfolio. Read More »

World's top wealth fund backs activist proposals at Facebook meeting

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John Thune (R-SD), committee chairman of Senate Committee on Commerce, Science, and Transportation, April 9, 2018. (NBC) - Anger and frustration boiled over at Facebook's annual shareholder meeting on Thursday, turning the typically uneventful gathering into a chance for investors to confront company executives after a scandal-ridden year . Read More »

Google won't renew drone AI contract with Pentagon

Gizmodo doesn't quote Greene directly, though the report points out that Google wouldn't have pursued the Maven contract in today's climate, given the backlash . Indeed, other companies involved in the project haven't had almost the same kind of very public reckoning that has rocked Google. The defence programme, called Project Maven , set off a revolt inside Google, as factions of employees opposed Google technology being used in warfare. Read More »

China warns USA that tariffs will kill any chance of trade benefits

Those hard issues include what the US complains is rampant theft of intellectual property, as well as Beijing's support for cutting-edge technologies under its Made in China 2025 policy. Analysts say that the statement could have been designed as a bargaining tactic aimed at increasing pressure on China ahead of Sunday's meeting, amid criticism at home that Mr Trump is going soft on China. Read More »

Researchers See Controversial Way to Help Planet

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The idea behind the study was to help inform food producers and consumers on better ways to reduce their impact on the planet. "A vegan diet is probably the single biggest way to reduce your impact on planet Earth, not just greenhouse gases , but global acidification, eutrophication, land use and water use". Read More »

UK funeral prices to be probed

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The CMA therefore does not intend to examine the pre-paid sector within its market study. It will also scrutinise the potential risk of consumer detriment under the current regulatory framework, and if present, where this risk is most severe. Read More »

Amazon Blocks Shipping to Australia

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From 1 July, all imported online goods under the value of AUD$1,000 (USD$756) will be subject to the new 10% GST, resulting in Amazon's decision of "geoblocking" Australians. Around 4.6 million Australians visited Amazon's U.S. site in November 2017, the month before its Australian website went live, according to online measurement firm Nielsen. Read More »

Deutsche Bank CEO says bank is committed to the U.S

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The ratings agency lowered Deutsche Bank's credit rating to BBB+ from A-, saying the bank's wide-ranging restructuring faces "execution risks" and will take time to return the bank to steady profitability. Deutsche Bank CEO Christian Sewing said the bank is committed to the US, seeking to dispel "rumors" to the contrary as the firm cuts back in some businesses there. Read More »

Thameslink compares its own performance to Poundland cooking chocolate

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Over 450 Govia Thameslink Railway trains were either cancelled or delayed on Wednesday, amid changed to the railway timetable which have caused chaos across the network. The operator has suffered major disruption following the introduction of a new timetable on May 20. A GTR spokesman apologised to passengers for the continued disruption and attempted to allay concerns by saying the firm was working on a recovery plan with rail partners. Read More »

Samsonite's Indian American CEO Steps Down After His Credentials Are Questioned

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Lorraine Tan, an analyst at funding agency Morningstar, mentioned that Tainwala's resignation was a "wanted transfer" however that "suspicions are more likely to linger" following Blue Orca's allegations. Still immediately after the report was published last month, Samsonite's board chairman Timothy Parker warned shareholders that the report may have been meant to "undermine confidence in the company and its management, and to harm its reputation". Read More »

Minimum Wage To Rise Across Australia

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ACTU secretary Sally McManus welcomed the decision, saying it was the biggest percentage increase the commission has awarded. Tracy Pease of Hazel Park, Mich., spoke May 21 during a rally in Lansing, Mich., in support of the Michigan One Fair Wage group's petition to raise the state's minimum wage to $12 an hour. Read More »

Oil rises as tight current supply in focus

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The Organization of the Petroleum Exporting Countries is due to meet in Vienna on June 22. Futures slid 1 percent in NY after Friday's 4 percent decline. Oil prices rebounded on Wednesday as Russia's central bank expressed caution on plans to boost oil supply, while some analysts see positive market fundamentals despite the possibility of rising supplies. Read More »

USA oil inventories decreased in week ending May 25

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According to the report, oil inventories in the Organisation for Economic Cooperation and Development, OECD, industrialised nations in March fell to 9 million barrels above the five-year average, down from 340 million barrels above the average in January 2017. Read More »

FCA calls for 'fundamental reform' to bank overdrafts

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Ms Cotton said community credit unions like ESL, which covers Norfolk, Suffolk and Cambridgeshire, offered an alternative to such high-cost borrowing - but too few consumers know they are an option. "Given the size of the market our work here will be completed as part of our wider review into retail banking". Their proposals include a possible cap on rent-to-own as well as some welcome help when it comes to overdrafts. Read More »

ANZ expected to face criminal charges in Australia

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Both the bank and a senior official were facing charges over the trading of its own shares, the Australian Competition and Consumer Commission (ACCC) said. Representatives for ANZ, Deutsche Bank, and Citigroup have each stated they will contest the charges. ANZ shares fell as much as 2.4 per cent in early Friday trading, while other banks were down about 1 per cent. Read More »

Timetable chaos see trains axed across UK

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The union's general secretary Mick Cash said his members are facing public anger "without a shred of support" from Mr Grayling or Northern's management. Both Northern and the Department for Transport have been asked for a response. Gary Godolphin from Slaithwaite and Marsden Action on Rail Transport (SMART) said there had been "horrendous problems" throughout the Colne Valley. Read More »

Buffalo Wild Wings apologizes for 'awful posts' sent from hacked Twitter account

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They also revealed plans to "pursue the appropriate action against the individuals involved". Yet, according to a spokesperson for the restaurant chain, their account had been hacked . The restaurant chain has issued an apology over the tweets and insist they were the word of a hacker. Some of its restaurants have been created to give its clients, who the company refers to as "fans", the experience or impression of actually being in a sports stadium. Read More »

Qantas, Air NZ codeshare to cut travel times

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These services will not be included in the Air New Zealand codeshare deal, and Qantas will continue to codeshare on the Jetstar flights in New Zealand. That would have involved Qantas paying $550 million for a 22.5 per cent cornerstone shareholding in Air New Zealand, as both battled in a tough environment immediately after the 9/11 terror attacks. Read More »

Australia's Fair Work Commission raises minimum wage by 3.5pc

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The increase is just under half of what the unions were seeking, which was a 7.2% increase, or a weekly pay increase of $50. "It is a step forward towards a living wage, but it's not a living wage", she told reporters. However, the Australian Chamber of Commerce and Industry said Friday's wage rise was enough to discourage small businesses. "While the FWC describes the 3.5 per cent increase it has awarded as "modest", it is well above inflation and it is not supported by improved ... Read More »

Smelly Airline Passenger Forces Emergency Landing As Fellow Travelers Vomit and Faint

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Crew members reportedly took the step of containing the man in the airplane bathroom, to reduce the smell, while the pilot diverted the flight. Bound for Amsterdam , the plane was diverted to Faro in southern Portugal . " The aeroplane diverted because of medical reasons, but it is indeed right that he smelled quite a bit ", a Transavia spokesperson told the news site. Read More »

Visa payment system hit by outage in Europe

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After a day of confusion, late last night Visa said that its services had returned to normal and claimed the issue was a result of a hardware failure. Another said: "Visa crashing just as we went to pay for a weekly shop and its absolute chaos". "This is an industry wide issue which is being investigated as a matter of urgency and we apologise for any inconvenience . Read More »

Trump takes aim at Canada as nations protest his tariffs

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The president's tweets come after the administration's decision this week to slap tariffs on allies Canada, Mexico and the European Union's steel and aluminum shipments to the USA, resulting in an impending trade war. "We were not at the negotiating table". "What I expect will be a meeting that will have some challenges", Bill Morneau told reporters on Friday on the sidelines of the Group of Seven summit, a gathering of finance ministers in the Canadian ski resort town of Whistler. Read More »

Sears to close another 72 stores as sales plunge

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Sears Holdings Corp., based in Hoffman Estates , Illinois, lost $424 million, or $3.93 per share, in its first quarter. Last year's gain included $492 million from the sale of Sears' Craftsman tool brand to Stanley Black & Decker, a deal valued at roughly $900 million overall. Read More »

Fiat, Chrysler brands looking at major changes but not dead yet

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Contradicting recent rumors, Fiat Chrysler Automobiles has not announced plans to kill off its Chrysler brand. At an event today, FCA has laid out five-year plans for its Jeep , Ram , Alfa Romeo and Maserati brands. RAM Trucks - the U.S. brand best known for its pick-ups - is aiming for at least a 20pc sales rise to 930,000. Fiat's upcoming 2020 launch of a new pure-electric city auto, likely to take the form of a new 500e, presages a move towards a growing number of electric ... Read More »

Petronas Buys Stake in Canadian LNG Export Project

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The joint venture behind the project is already in the process of finalizing an engineering contract for service companies JGC Corp. and Fluor Corp. PETRONAS and its North Montney joint venture partners are one of the largest natural gas resource owners in Canada with over 52 Tcf of reserves and contingent resources. Read More »

MSCI includes 200-plus Chinese A-shares into Emerging Markets Index

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However, as Jason Hollands of Tilney Bestinvest notes: 'This is certainly a milestone in the greater integration of Chinese companies into global capital markets, [albeit] incremental in nature and progress'. That increasing concentration in China is an important consideration for investors. As Oliver Smith, portfolio manager at IG, notes: 'to attract significant future foreign capital flows, there will be demands for more openness and transparency, which can only be positive for shareholders ... Read More »

Google Will Not Renew Pentagon Contract That Upset Employees

Tech publication Gizmodo first reported that Google Cloud Chief Executive Diane Greene told employees on Friday Google's role in the programme would end. This use case is well suited for AI given how humans can not analyze all the available drone footage, with Google noting that the system sifts through "unclassified data" for later review by humans and that it's being leveraged for "non-offensive uses only". Read More »