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The incident is especially embarrassing, coming as it does just days after a grand meeting of Arab leaders and US President Trump in the Saudi capital, Riyadh , which was meant as a show of solidarity in the face of threats from terrorism and Iran.
  • USA officials warn Trump against moving U.S. embassy to Jerusalem

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    After a Fox News reporter said Israeli Prime Minister Benjamin Netanyahu urged Trump against the embassy move, the Israeli Prime Minister's office called those claims false and pointed to readouts of Netanyahu's White House visit February 17 that said Netanyahu supported the move.
  • Uber ordered by US judge not to use technology taken from Waymo

    Uber ordered by US judge not to use technology taken from Waymo

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    The company recently filed a lawsuit over Uber's alleged use of stolen Waymo trade secrets and intellectual property to develop its technology. " Waymo has also sufficiently shown. " We look forward to moving toward trial and continuing to demonstrate that our technology has been built independently from the ground up ", the spokesperson added.
  • Canada rejects US duties on lumber as 'baseless'

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    Italian Economy Minister Pier Carlo Padoan, the G7 host, said Trump's plan to slash taxes on businesses was "ambitious" and he was keen to hear more about it from Mnuchin. Trump has proposed slashing the US corporate income tax rate and offer multinational businesses a steep tax break on overseas profits brought back home.
  • Paytm looking to snap up FreeCharge for $45-90 million

    Paytm looking to snap up FreeCharge for $45-90 million

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    Online payment service provider Paytm is reported to have signed a non-exclusive term sheet to acquire rival digital payments platform FreeCharge, from beleaguered online marketplace Snapdeal , in an all-cash deal estimated to be worth between $45 and $90 million.
  • USA judge approves Volkswagen 3.0 litre, Bosch diesel settlements

    USA judge approves Volkswagen 3.0 litre, Bosch diesel settlements

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    The deadline to file a claim is December 31st, 2019 and vehicle buyback values will be calculated from September 18th, 2015 which is the date the allegations of emissions cheating became public. All told, VW is committed to spending upwards of $24.5 billion in North America to settle lawsuits and buy back or fix some 560,000 vehicles armed with algorithms intentionally installed to trick emissions tests.
  • Tribune Media Co (TRCO) Given

    Tribune Media Co (TRCO) Given "Hold" Rating at Jefferies Group LLC

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    The company's expected revenue in the current quarter to be 475.91 Million, seeing a projected current quarter growth of 2.4%, and per annum growth estimates over the next 5 year period of around 3%. Looking at this figure it suggests that the shares of Tribune Media Company (TRCO) may be overvalued, however, this can also depend upon the situation of the market; if the market is strong then it could suggest that Tribune Media Company (TRCO) is a good investment, however if the market is ...
  • Amtrak Engineer Charged In Deadly 2015 Philadelphia Train Crash

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    The state AG's office will either press charges or appeal the judge's order via Superior Court. The district attorney has referred prosecution of the case to the Pennsylvania attorney general to avoid any apparent conflict of interest. Epstein said private criminal complaints are often used in low-level crimes not witnessed by police or, sometimes, when charges are not filed for political reasons.
  • More than 58000 tickets for Eurovision 2017 already sold - Hrytsak

    More than 58000 tickets for Eurovision 2017 already sold - Hrytsak

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    Czech Republic, Latvia, Iceland, Albania, Slovenia and Montenegro also lost out on places in the final, as did Georgia's dramatic act which saw Tamara Gachechiladze burst into flames on stage. He said in March: "I'm just not sure it will happen for us this year". The contest will be held in Kiev this year, after Jamala won with her political song "1944", which annoyed the regime in Moscow.
  • Nuke emergency at Hanford

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    It might seem like this sort of thing would be noticed immediately, the worker said, but the tunnel may have actually collapsed days or weeks ago, and since there was no radiation release, it was only noticed during a regular site walk-around.
  • AkzoNobel rejects 3rd PPG Industries takeover bid

    AkzoNobel rejects 3rd PPG Industries takeover bid

    Markets

    The deal would combine the world's two biggest makers of paints and coatings and PPG reckons it can achieve savings of $750 million thanks to factors such as economies of scale on production and lowering input costs. Elliott Advisors, which holds a 3.25-per cent stake, had teamed up with other institutional investors like asset manager Columbia Threadneedle, Causeway Capital, Franklin Templeton, Henderson, Harris Associates and Southeastern Concentrated Value, all holding a combined more than ...
  • Sacked Delhi minister alleges Kejriwal took Rs 2 cr bribe

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    Delhi Deputy Chief Minister Manish Sisodia today outrightly rejected the sacked Delhi Minister Kapil Mishra's allegation of corruption against Chief Minister Arvind Kejriwal as "baseless" and said the charge "does not merit any response". Earlier on Saturday Mishra had said that he will come out with a massive tanker scam expose before the public on Sunday at 11 am. "I exposed Shiela's (Dixit) corruption", Mishra said in a tweet.
  • Fed likely to leave rates alone but signal more hikes coming

    Markets

    But the Federal Open Market Committee (FOMC) - the bank's rate-setting panel - said the factors restraining growth are likely to fade over the rest of the year. Most economists have expressed optimism that the economy is strengthening in the current April-June quarter, fuelled by job growth, higher consumer confidence and stock-market records on promises of tax cuts and investment from President Trump.
  • Gold investment demand falls 34%, but WGC says it was still 'robust'

    Gold investment demand falls 34%, but WGC says it was still 'robust'

    Markets

    Global gold demand in Q1 2017 was 1,034 tonne, a decline of 18 per cent compared to the record Q1 in 2016, according to the World Gold Council's latest Gold Demand Trends report. Retail investment demand is strong too, up 9% year-on-year with demand worth over US$11bn in Q1. "Jewellery demand is still in the doldrums, although there are signs of improvement, especially from India where the gradual remonetisation of the economy is supporting the jewellery market", Hewitt said.