• Centre merges Bank of Baroda, Vijaya Bank, Dena Bank
Centre merges Bank of Baroda, Vijaya Bank, Dena Bank

This will help the merged bank to scale up across the country. While Bank of Baroda saw its steepest fall in over three years, shares of Dena Bank and Vijaya Bank rose sharply as the smaller peers are expected to benefit from the merger.

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  • Coca-Cola looking at cannabis-infused drinks
Coca-Cola looking at cannabis-infused drinks

Constellation Brands, the maker of Corona beer, Svedka vodka and Casa Noble tequila, announced in August that it's investing an additional $4 billion in the Canadian cannabis company Canopy Growth. Coca-Cola is considering developing a range of marijuana-infused beverages to help ease physical problems such as inflammation, pain and cramps. New...

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  • Australians told to chop strawberries as police investigate needles found in fruit
Australians told to chop strawberries as police investigate needles found in fruit

The ABC said Saturday wholesale prices had fallen by half to 50 Australian cents per punnet, below the cost of production. "This is putting families' lives at risk and it's also putting the strawberry industry at risk ..." The Australian newspaper reported that there have been at least seven reported cases in three Australian states, raising ...

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  • Feds warn manufacturers about selling flavored e-cigarettes to minors
Feds warn manufacturers about selling flavored e-cigarettes to minors

He also said the agency is "considering the immediate removal ... from the market" of e-cigarette flavorings that cater to underage users. The commissioner gave the five e-cigarette manufacturers dominating the market 60 days to come up with plans to address the underage use of their products.

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  • Bank of England's Carney to stay seven months longer to help Brexit
Bank of England's Carney to stay seven months longer to help Brexit

Mr Carney has already extended his five year stay in London by 12 months to June 2019. Mr Hammond wrote to Mr Carney: "An extension of your term would ensure there is continuity at the Bank during this exceptional period and would also allow for a new Governor to be appointed during the Autumn next year after the terms of the UK's withdrawa...

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  • NAFTA talks: Loosen protections on dairy sector, New York Republican says
NAFTA talks: Loosen protections on dairy sector, New York Republican says

Trade Representative Robert LighthizerRobert (Bob) Emmet LighthizerMcConnell urges GOP senators to call Trump about tariffs Companies brace for trade war MORE that a deal is "eminently possible" but said she would not negotiate the pact in public, the CBC reported.

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  • Bitcoin price (BTC/USD) drops below $6,500 amid market-wide crypto slump
Bitcoin price (BTC/USD) drops below $6,500 amid market-wide crypto slump

At the time of writing, Bitcoin ( BTC ) is down over more than 10%, Ethereum (ETC ) has dropped up to 20%, XRP and Bitcoin Cash (BCH) are down over more than 15% and EOS is dropped to 20%. On Wednesday, Bitcoin and other cryptocurrencies suffered a drop. A particularly choppy start to the day saw Litecoin slide to an intraday low $53.7...

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  • Obama Kicks Off Midterm Push In Illinois
Obama Kicks Off Midterm Push In Illinois

In his speech, Obama said Trump was the "symptom, not the cause" of the current political situation. "He is just capitalizing on resentment that politicians have been fanning for years". The alternative of sitting on the sidelines given all of these factors, he explained, was simply not an option. "He will lay out his views about where we are and w...

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  • Friends prank McDonalds with poster kept up for 51 days
Friends prank McDonalds with poster kept up for 51 days

Jevh Maravilla , who has Filipino heritage, chose to replace the faces of the models on the walls of the fast food chain with his own. "Asian representation in media is not as prevalent as it should be", Maravilla told KPRC Click2Houston .

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  • Chinese Billionaire Arrested in Minneapolis, Later Released
Chinese Billionaire Arrested in Minneapolis, Later Released

Elder declined to provide any further details on the case to Business Insider "because this is an active criminal investigation". Minneapolis police spokesman John Elder said Sunday that he couldn't provide any details because it remains an active investigation.

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  • Trump Gets Labor Day Off to a Feisty Start
Trump Gets Labor Day Off to a Feisty Start

If we don't make a fair deal for the United States after decades of abuse, Canada will be out", Trump said on Twitter. He went on to warn U.S. lawmakers against involving themselves into the negotiations, tweeting that should they do this he "will simply terminate NAFTA entirely and we will be far better off".

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  • China Pledges Fresh $60 bln to Africa, says No Political Strings Attached
China Pledges Fresh $60 bln to Africa, says No Political Strings Attached

The president noted that all ECOWAS member states are participating in a FOCAC summit. "China's investment in Africa comes with no political strings attached", Xi told a high-level dialogue with African leaders and business representatives ahead of the summit.

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  • Costa Coffee SOLD to soft drinks giant Coca-Cola in shock £4bn deal
Costa Coffee SOLD to soft drinks giant Coca-Cola in shock £4bn deal

It's the second-largest on-premise coffee operation in the world, behind Starbucks . In the year to March, it made an operating profit of 123 million pounds on sales of 1.29 billion. While the vast majority of Costa stores are in the UK, Coca-Cola did mention the company's recent retail growth in markets such as China . Quincey said Costa c...

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  • Theresa May to visit President Buhari over bilateral business talks
Theresa May to visit President Buhari over bilateral business talks

It made the plea on Tuesday in a statement by its National Publicity Secretary, Mr Kola Ologbondiyan. Theresa May's first-ever official visit to South Africa may have been a success in terms of bilateral trade linkage but social media veered off to something else it found for its daily mockery: the British PM's obviously awkward dance moves.

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  • U.S. Trade Groups Laud Progress on Nafta But Want Three-Way Deal
U.S. Trade Groups Laud Progress on Nafta But Want Three-Way Deal

The costs for the U.S. would also be high, as America's auto sector uses parts that are manufactured in Canada. President Trump complained again on Monday about stiff Canadian tariffs on dairy products. As the cameras rolled, the U.S. president pressed a button on his phone and said: "And I believe the President is on the phone". Mr Trump h...

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  • UK to start work on satellite system to rival EU's Galileo
UK to start work on satellite system to rival EU's Galileo

If there's no deal, Britain will be outside the EU's directive on organs, tissues and cells, and United Kingdom fertility clinics will need to strike new written agreements with their suppliers. The Government said clients across the European Economic Area would no longer be able to use the services of UK-based investment banks, while cross-border ...

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  • Mobile says hackers made off with 2 million users’ personal data
Mobile says hackers made off with 2 million users’ personal data

It didn't say when the "unauthorized capture" first happened. T-Mobile could not be immediately reached for comment. The wireless carrier announced Friday their cybersecurity team had discovered and shut down an unauthorized source's access to information on August 20.

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  • Trump's finance chief Allen Weisselberg is granted immunity from prosecution
Trump's finance chief Allen Weisselberg is granted immunity from prosecution

President Donald Trump's lawyer Michael Cohen appears in front of members of the media after a closed door meeting with the Senate Intelligence Committee on Capitol Hill, Tuesday, Sept. It is claimed court papers connected to the president's ex-lawyer Michael Cohen say Pecker offered to help Trump squash negative stories during the 2016 ele...

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  • Fed policymakers see rate hikes on the horizon
Fed policymakers see rate hikes on the horizon

Powell said in his Jackson Hole speech: "The economy is strong". "For equities, the key point will be whether Powell indicates that the Fed is poised to hike rates two more times this year". "Participants observed that if a large-scale and prolonged dispute over trade policies developed, there would likely be adverse effects on business sent...

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  • National Enquirer hid damaging Donald Trump stories in a safe
National Enquirer hid damaging Donald Trump stories in a safe

Separately, the Manhattan district attorney has launched a preliminary investigation into whether the Trump Organization falsified business records relating to payments made to Cohen, a source confirmed to CBS news. He has denied the affair. Asked about what he thought of a last-minute order by Trump to catch a flight to Iowa to tend to some bu...

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  • Trump Won’t Acknowledge the Independence of the Fed
Trump Won’t Acknowledge the Independence of the Fed

Trump said on Monday he was "not thrilled " with the Federal Reserve under his own appointee, Chairman Jerome Powell, for raising interest rates and said the usa central bank should do more to help him to boost the economy. "I'm not thrilled", Trump said, referring to Powell. The president nominated Powell past year to replace former Fed Ch...

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  • Can Trump bend the Fed to his will?
Can Trump bend the Fed to his will?

Trump has departed from this past practice and said he would not shy from future criticism should the Fed keep lifting rates. He urged the Fed to avoid doing anything that could slow economic growth. But that stands in contrast with the president's own words, which are often very critical of Powell and suggest the Fed should be moving in a differen...

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  • Tesla: Is the Company Looking for Help for Elon Musk?
Tesla: Is the Company Looking for Help for Elon Musk?

The Securities and Exchange Commission issued subpoenas to Musk and Tesla's board, and interviews are reportedly being planned for as soon as next week. The hectic schedule has not allowed him to spend time with his children and friends. He called the period "excruciating", the newspaper reported .

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  • Gatwick resorts to whiteboards for flight information after IT crash
Gatwick resorts to whiteboards for flight information after IT crash

Gatwick Express, which provides trains to the airport, said the issues "may result in screens around the station showing no information". The error, which also led to the disappearance of flight information from Gatwick's website, was blamed on the airport's IT provider, Vodafone.

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  • House of Fraser cancels all online orders
House of Fraser cancels all online orders

Sports Direct has cancelled all of House of Fraser's online orders after a dispute with its new department store arm's warehouse operator, while some fashion suppliers have removed stock as payment wrangles continue. Neither XPO Logistics nor Sports Direct returned a request for comment at the time of going to press. "All customers affected wil...

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  • China files WTO challenge to US tariffs on solar panels:The Asahi Shimbun
China files WTO challenge to US tariffs on solar panels:The Asahi Shimbun

China officially filed a complaint with the World Trade Organisation (WTO) on Tuesday, claiming that the solar import tariffs imposed by the U.S. and its subsidies for local products harm China's legitimate rights and interests and clash with WTO rules.

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  • China’s Vice Commerce Minister to visit United States for trade talks
China’s Vice Commerce Minister to visit United States for trade talks

China announced Thursday that it will send a delegation to the USA later this month for trade negotiations, after the two countries started imposing tit-for-tat tariffs on goods from each other and Washington tightened controls on investment.

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  • Turkey increases tariffs on some United States goods, escalating feud
Turkey increases tariffs on some United States goods, escalating feud

Other US products covered by the tariffs include fruit, coal, makeup and rice. Turkey's Vice President Fuat Oktay said on Twitter that the tariffs on certain products were increased "within the framework of the principle of reciprocity in retaliation for the deliberate economic attacks by the United States".

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  • Morocco campaign to boycott US products in solidarity with Turkey
Morocco campaign to boycott US products in solidarity with Turkey

The dispute between the North Atlantic Treaty Organisation allies - brought to a new intensity by Turkey's holding of an American pastor for two years - has raised questions over the future of their partnership and fanned fears of a looming economic crisis in Turkey.

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  • Lawsuits accuse Tesla's Musk of fraud over tweets, going-private proposal
Lawsuits accuse Tesla's Musk of fraud over tweets, going-private proposal

Instead, it's the tweet's final two words, "funding secured", that could create problems. Tesla's board has not received a detailed financing plan from Chairma/CEO Musk, and is seeking more information , Reuters reported last Thursday.

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  • California firefighters begin week on attack
California firefighters begin week on attack

The unidentified firefighter was killed on Monday while battling the Ranch Fire , one of two blazes that make up the Mendocino Complex, which has already charred about 349,000 acres (141,200 hectares), the California Department of Forestry and Fire Protection (Cal Fire) said.

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  • Tesla Hit With Third Class-Action Suit Over Musk's Stock Tweets
Tesla Hit With Third Class-Action Suit Over Musk's Stock Tweets

Musk broke silence in a blog post Monday after several days of speculations on how he is going to privatize Tesla following his announcement on Twitter on August 7 that he was considering taking Tesla private at a price of 420 USA dollars per share.

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  • World stocks hit one-month low as Turkish rout spreads
World stocks hit one-month low as Turkish rout spreads

The lira has lost more than 40 per cent against the dollar this year, largely over worries about President Recep Tayyip Erdogan's influence over the economy, his repeated calls for lower interest rates, and worsening ties with the United States.

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  • Turkey 'implores' Trump to return to table on tariffs
Turkey 'implores' Trump to return to table on tariffs

The White House said Trump would use a section of US law that allows for tariffs on national security grounds to impose the increased duties. Erdogan has cast the recent slide in the lira as a war and without naming countries said supporters of a failed military coup two years ago, which Ankara says was organized by a US -based Muslim cleric,...

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  • McDonald's offering chance to win McGold Card, free food for life
McDonald's offering chance to win McGold Card, free food for life

The card is valued at $52,350 and entitles the victor to two free meals per week for 50 years. According to the brand's website , customers will receive one entry every time they pick up an order that they've placed by using Mobile Order & Pay from August 10 to August 24.

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  • Turkey's Erdogan says lira weakness a plot, can not be explained by logic
Turkey's Erdogan says lira weakness a plot, can not be explained by logic

Washington earlier this month already imposed sanctions on senior Turkish officials over the Brunson case, angering Erdogan and prompting retaliatory measures by Ankara . Brunson, who has been held since 2016, faces up to 35 years in prison on charges of allegedly aiding Kurdish separatists and a group that Erdogan blames for a failed 2016 coup ...

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  • US stocks closed mixed amid data, earnings
US stocks closed mixed amid data, earnings

Riley FBR in NY. Occidental Petroleum ( OXY.N ) fell 4.2 percent after it maintained a tepid production forecast for the year. You worry about the effects on Europe. Tesla had closed up 11 percent on Tuesday after Chief Executive Elon Musk said he was considering taking the company private. Data on Friday showed US consumer prices rose in July ...

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  • Trump's decision to double tariffs on Turkey 'brutal'
Trump's decision to double tariffs on Turkey 'brutal'

The White House said later that Trump had authorised his administration to prepare documents imposing the increased duties under a section of USA law that allows for tariffs on national security grounds. Washington imposed the metals tariffs on national security grounds, claiming the glut of steel and aluminum harmed USA companies and the economy. ...

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  • U.S. imposes sanctions on Russian Federation over Skripal poisonings in Salisbury
U.S. imposes sanctions on Russian Federation over Skripal poisonings in Salisbury

Turkey's lira, Britain's pound and now Russia's rouble are all in play this week with outsize losses in each due to domestic policy concerns and global trade and diplomatic relations. With these sanctions , the exports will be presumptively denied . Rand Paul hand-delivered a letter from Mr. Trump to Putin, asking for "expanding dialogue".

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  • As US slaps on fresh tariffs, China fires back
As US slaps on fresh tariffs, China fires back

The US had already levied 25 per cent duties on US$34 billion in Chinese goods on July 6 , prompting swift in-kind retaliation from Beijing. The US and China have been trying to restart high-level talks that broke off after Trump followed through on his tariff threats.

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