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After the revision of the rates, diesel in Delhi is being retailed at Rs 75.46 per litre and Rs 77. "We could have another (round of) unanticipated disruptions that we have seen in Nigeria, Libya and Venezuela". Brent crude prices were trading 80 cents a barrels higher at $81.23 by 11.57 GMT. In the first nine months of the year, South Korea's imports of Iranian oil dropped 49.1 percent to 7.15 million tonnes, compared with the same period a year earlier, according to the data.
  • World's longest non-stop flight set to depart from Singapore

    World's longest non-stop flight set to depart from Singapore

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    The airline has already ordered seven new ultra-long range twin-engine Airbus SE A350-900ULRs fitted with just 161 business class and premium economy seats - and no economy class seats - for the USA capacity increase. Campbell Wilson, its senior vice president of sales and marketing, said the Airbus A350-900ULR, which was delivered two weeks ago, consumes 25 percent less fuel than an older generation aircraft of the same size.
  • Trump vows 'severe punishment' for Saudi Arabia if Khashoggi was killed

    Trump vows 'severe punishment' for Saudi Arabia if Khashoggi was killed

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    Separately, Secretary of State Mike Pompeo spoke to Khashoggi's fiancee, Hatice Cengiz , who accompanied him to the Saudi consulate, the State Department said Friday. There is suspicion he may have been killed for criticising the kingdom's Crown Prince and de facto ruler, Mohammed bin Salman . U.S. President Donald Trump rallies with supporters at the Warren County Fairgrounds in Lebanon, Ohio, U.S., October 12, 2018.
  • Boston Dynamics shows off jumping, running humanoid robot

    Boston Dynamics shows off jumping, running humanoid robot

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    In the video above, you can see that Atlas has progressed from jogging/ tripping face first over a box to scaling a bunch of crates like he's a contestant on Nickelodeon's GUTS . No longer will we be able to breathe a sigh of relief that we've outrun the post-apocalyptic robot army of our nightmares just by climbing to the second floor.
  • Oil dips as IMF cuts growth outlook; eyes on hurricane

    Oil dips as IMF cuts growth outlook; eyes on hurricane

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    They earlier touched their lowest since September 27 at $81.35, after closing 2.2 percent lower on Wednesday. The global benchmark posted a 1.3 percent gain on Tuesday. It may lower fuel demand in the USA southeastern markets by 1 million barrels a day, according to Mizuho Securities. Bijan Zanganeh-Iran's Oil Minister-reported that the oil market will not tolerate Saudi Arabia's claim that it has been compromising for the loss of Iran's oil exports.
  • Mega Millions draws for $548M

    Mega Millions draws for $548M

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    Those wanting to play can purchase $1 tickets until 10:45 p.m. The lottery is also giving away free t-shirts and other items. Mega Millions officials say no tickets matched all six numbers to claim the estimated $548 million grand prize.
  • Facebook says hackers accessed data from 29 million accounts

    Facebook says hackers accessed data from 29 million accounts

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    In additional good news, the company said hackers weren't able to access more sensitive information like your password or financial information. The hack started with 400,000 profiles, then used the "Friends" and "Friends of Friends" features to get the "digital keys" for 30 million people, Rosen wrote.
  • Musk denies report Murdoch poised to be Tesla chair

    Musk denies report Murdoch poised to be Tesla chair

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    Wall Street concerns that Musk's statements on Twitter were distracting him from automaker's main business also boosted during the quarter as the Tesla chief repeatedly tweeted abuse at a British cave diver associated in the rescue of 12 Thai children.
  • Trump says Fed is 'out of control'

    Trump says Fed is 'out of control'

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    Earlier, he told Fox News the Fed was being "too aggressive" by raising interest rates this year and getting "a little bit too cute". The rate charged on 10-year U.S. In his speech, Mr. Williams noted that with monetary policy moving into a more normal stance, the Fed won't be able to give as much guidance about what will happen.
  • China trade surplus with US reaches record $34.1 billion

    China trade surplus with US reaches record $34.1 billion

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    China's trade surplus with the United States ballooned to a record $34.1 billion in September, despite a raft of USA tariffs, official data showed Friday, adding fuel to the fire of a worsening trade war. He blamed previous US presidents for allowing China to pursue unfair trade practices and said he had to tell Beijing , "It's over". "It's had a big impact", Trump said in a Fox News interview.
  • Trump says Chinese 'lived too well for too long'

    Trump says Chinese 'lived too well for too long'

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    Even at the projected 3.25 percent in the Funds at the end of 2019, the potential reduction is well below the peaks of 550 and 525 basis points at the beginning of the last two rate reduction cycles. trade war with China and its potential impact on global growth, while rising bond yields have diverted attention from equities - stocks - which have been offering the most attractive returns for years because central bank stimulus had flooded markets with cheap money.
  • India's debt lower than best, emerging market economies

    India's debt lower than best, emerging market economies

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    IMF's forecast for Singapore's economic outlook remains steady at 2.9% for 2018, but has been revised downward by 0.2 percentage points to 2.5% for the following year. The growth rate of United States for 2018 is 2.9 per cent and that of 2019 has been powered to 2.5 per cent. It also said renewed impetus to reform labour and land markets, along with further improvements to the business climate, are crucial.
  • Dow plummets 800 points, biggest drop in 8 months

    Dow plummets 800 points, biggest drop in 8 months

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    Rising bond yields have been drawing investors out of the stock market, and the best-performing stocks over the past year took some of the biggest losses Wednesday. The price of the bond with the lower interest rate, known as its coupon, will fall enough to raise the yield to mirror the higher rate. Shares in upscale jewellery retailer Tiffany & Co and perfume maker Estee Lauder both fell 7 percent after a warning from French luxury goods firm LVMH about softening demand in China.
  • 'The Fed has gone crazy': Trump points finger for Wall Street tumble

    'The Fed has gone crazy': Trump points finger for Wall Street tumble

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    Three have PhDs in economics and three have law degrees. "So you can say that well that's a lot of safety actually, and it is a lot of safety, and it gives you a lot of margins, but I think the Fed has gone insane". central bank. During an event earlier Wednesday amid the sell-off, Trump and his top economic adviser, Larry Kudlow, said they believed the American economy was robust.
  • Sears may be days away from bankruptcy

    Sears may be days away from bankruptcy

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    Sears Holdings ( SHLD ) stock ended 17% lower Wednesday. For example, he recently offered to buy its Kenmore appliance brand for $400 million. Sears has hired advisers to prepare a possible bankruptcy filing that could come as early as this week, according to the Wall Street Journal .
  • Dow Jones plunges 800 points as tech stocks tumble

    Dow Jones plunges 800 points as tech stocks tumble

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    I think the Fed has gone insane", Trump told reporters as he arrived for a campaign rally ahead of the U.S. mid-term elections. Trump said Tuesday that the economy is enjoying "record-setting" numbers and "I don't want to slow it down even a little bit, especially when we don't have the problem of inflation".
  • Turkey can not remain silent over Khashoggi's disappearance, Erdogan says

    Turkey can not remain silent over Khashoggi's disappearance, Erdogan says

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    A contributor to The Washington Post , Khashoggi has not been seen since Tuesday last week, when he entered the Saudi consulate in Istanbul, Turkey , to collect papers for his upcoming wedding. The station did not cite a source for its report . Turkey says it will conduct a search of the Istanbul consulate, while Saudi Arabia's foreign ministry said the country was "open to co-operation" and a search of the building could go ahead.
  • U.S. Stocks Fall Sharply, Tech Sector Leads Declines

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    At the closing bell in the New York Stock Exchange on Wednesday, the Dow Jones Industrial Average had lost 3.1 percent or 830 points to finish at 25,613.35, in the biggest fall in eight months. CNN reported today that investors may want to start shifting into more defensive stocks, which aren't as expensive as the tech players and also pay healthy, stable dividends.
  • Trump 'demanding' answers from Saudis on Jamal Khashoggi case

    Trump 'demanding' answers from Saudis on Jamal Khashoggi case

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    But in his first extensive remarks about Khashoggi's case, Trump warned it is "a very sad situation". "We can not let this happen, to reporters , to anybody", Trump said. The same day, Turkish media published images of an alleged 15-member Saudi "assassination squad" and video of suspicious movements at the Saudi Consulate in Istanbul following Khashoggi's disappearance, putting new pressure on the kingdom amid growing worldwide concern for the writer.
  • India may continue to import oil from Iran, says Petroleum Minister

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    An industry source who also tracks exports said October shipments so far were below 1 million bpd. In May, before U.S. President Donald Trump announced that he was reinstating sanctions against Tehran, the International Monetary Fund had projected Iran's economy would grow by 4 percent in 2018 and 2019.
  • International Monetary Fund retains economic growth projection for India at 7.3% for FY19

    International Monetary Fund retains economic growth projection for India at 7.3% for FY19

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    South Africa, only 0.8 percent this year. However, some economists still believe that the country would be able to maintain the current growth rate. According to the World Economic Outlook, in India, reform priorities include reviving bank credit and enhancing the efficiency of credit provision by accelerating the cleanup of bank and corporate balance sheets and improving the governance of public sector banks.
  • UK cyber security agency backs Apple, Amazon China hack denials

    UK cyber security agency backs Apple, Amazon China hack denials

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    Department of Defense and dozens of other organizations. AWS refers to Amazon Web Services, the company's cloud-computing unit. Then there is Businessweek as a news outlet. In a letter to the chairmen and ranking Democrats on the House and Senate Commerce committees, the Cupertino-based company on Monday disputed a Bloomberg report that Chinese spies used a microchip to infiltrate American computer networks.
  • India buying Iran oil in defiance of Trump sanctions

    India buying Iran oil in defiance of Trump sanctions

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    The bulk of spare capacity is held by Saudi Arabia. Last applied from 2012 to 2015, the sanctions are in retaliation for Iran's supposed nuclear proliferation program. "We will be guided by our national interest", he added. Iran has warned that if it were not able to export its crude oil through the Strait of Hormuz, no other country would be able to do so, threatening to block the strategic strait.
  • Still far off, Michael a growing menace to Florida Panhandle

    Still far off, Michael a growing menace to Florida Panhandle

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    Tropical Storm Michael formed on Sunday in the Caribbean Sea and appears to have designs on the panhandle and big bend regions of Florida, according to early forecast tracks. Wednesday . Enlarge / 12z European model forecast for Hurricane Michael's position at 2pm ET on Wednesday . "So dependent on where that eye is, is going to make a determination on what we're going to see in wind , rain and surge as it goes up", Litschauer said.
  • Rocked by Trump's sanctions, Iranian oil exports drop further

    Rocked by Trump's sanctions, Iranian oil exports drop further

    Markets

    Buyers of the superlight crude are under more pressure than importers of "regular" crude since there are few alternate suppliers. Washington had been pressuring governments and companies worldwide to cut imports of Iranian oil to zero under us sanctions that take effect November 4.