• Falih: Saudi Arabia to cut December oil output by 500000 bpd
Falih: Saudi Arabia to cut December oil output by 500000 bpd

The Minister of energy of Saudi Arabia Khalid al-falih: "Technical analysis, which we presented yesterday, OPEC Secretary and a joint technical Committee, considering data from the worldwide energy Agency (IEA) and Information management energy U.S., tells us about the necessity of reducing the supply level Oct to 1 million barrels per day".

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  • Singles’ Day sale: Alibaba sets record at $31 billion
Singles’ Day sale: Alibaba sets record at $31 billion

No one expects Alibaba to generate whopper Singles Day sales growth numbers every year for eternity. The challenge for billionaire Jack Ma and his lieutenant Daniel Zhang is to notch another record after a scorching decade-long run. Pinduoduo Inc., which is backed by archrival Tencent Holdings Ltd., and other smaller platforms are gaining tra...

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  • Walmart will offer Black Friday deals earlier this year
Walmart will offer Black Friday deals earlier this year

It will kick off Black Friday deals online at 10 p.m. ET on November 21, earlier than it ever has before. Oh, and Walmart's bitter opponent to the USA and global retail crowns has nothing in the pipeline for iPhone XR shoppers/bargain hunters.

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  • Oil rises to $73 on report of Russia, Saudi output cut talks
Oil rises to $73 on report of Russia, Saudi output cut talks

The slump has rattled producers, and the Organization of Petroleum Exporting Countries has signaled it may cut output next year - an option that'll be part of talks when the group meets with partners in Abu Dhabi on Sunday. Prices are also on course for a fifth weekly drop, down 4.1 per cent. Preventing crude from rising further, however, was r...

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  • Michigan, Missouri, Utah voters opt to loosen marijuana laws
Michigan, Missouri, Utah voters opt to loosen marijuana laws

Tuesday's 2018 midterm elections was a big success for cannabis advocates. The industry would be subject to a 10 percent tax, as well as a sales tax. Adding two more states with medicinal marijuana would mean nearly 70 per cent of Americans could have access to the drug for that objective. In Utah , the ballots included Proposition 2 , the Me...

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  • United States sanctions: SWIFT network suspends Iran banks
United States sanctions: SWIFT network suspends Iran banks

The U.S.is moving to hit Iran economically with what U.S. Treasury Secretary Steven Mnuchin calls a "maximum pressure" campaign against the country's energy and banking sectors. "Today the enemy (the United States ) is targeting our economy. the main target of sanctions is our people", Rouhani said. House Democratic Whip Steny H Hoyer said, "R...

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  • Pompeo talks up Iran sanctions ahead of midterm elections
Pompeo talks up Iran sanctions ahead of midterm elections

The US measures were imposed on Monday after the Trump administration pulled out of the Iran nuclear deal earlier this year. China's Foreign Ministry spokeswoman Hua Chunying said the Asian giant's lawful trade cooperation with Iran should be respected and expressed regret about the U.S.

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  • Amazon offers free shipping for everyone through the holidays
Amazon offers free shipping for everyone through the holidays

Amazon already offered free 2-day shipping to Amazon Prime subscribers, which is why Target made free 2-day shipping for its customers. Amazon spent more than $7 billion on shipping in the fourth quarter previous year, before subtracting the shipping fees it collects from customers.

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  • Ease of doing business Index 2019
Ease of doing business Index 2019

Enforcing Contracts and Getting Electricity saw milestone reforms, with 49 and 26, respectively. A regional press release by the World Bank read: "Nigeria carried out four reforms which included making Starting a Business easier in Kano and Lagos, the two cities covered by Doing Business".

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  • Rupee Drops on Speculation of Worsening RBI-Government Tension
Rupee Drops on Speculation of Worsening RBI-Government Tension

This did not go down well with the Centre, who said that they were 'upset' that the RBI publicly spoke about the rift. The FSDC is headed by the Finance Minister and comprises the RBI Governor, the SEBI Chairman, and heads of regulators such as PFRDA, IRDAI and the Chairman of the Insolvency and Bankruptcy Board.

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  • The State of the 2018 Midterms
The State of the 2018 Midterms

In the months leading up to October, Republicans have largely lagged in ballot polls until recently as voters have "come home" following the Kavanaugh allegations . On Saturday 11 people were shot dead in a mass shooting inside a Pittsburg synagogue. The stakes for President Trump are extremely high since a Democratic victory in either chamber...

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  • US Economy Grows By 3.5% In Third Quarter
US Economy Grows By 3.5% In Third Quarter

Trump has promised to achieve annual growth rates of 3 per cent, in part through a sweeping tax overhaul he signed into law last December that lowers levies on USA corporations and - to a lesser extent - many ordinary Americans. On the other hand, the Trump administration is optimistic, particularly as the report showed inflation remains containe...

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  • Indonesia says Lion Air passenger flight from Jakarta to Sumatra has crashed
Indonesia says Lion Air passenger flight from Jakarta to Sumatra has crashed

Flight JT 610 was on a scheduled flight to Pangkal Pinang, the main town in the Bangka Belitung Islands. Lion Air Group's Chief Executive Edward Sirait earlier told Reuters: "We can not give any comment at this moment". The jet was a Boeing 737 MAX 8 , which can carry up to 200 passengers. A rescue and search operation is underway, officials s...

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  • Hedging against Trump? Fed chair builds network of support on Capitol Hill
Hedging against Trump? Fed chair builds network of support on Capitol Hill

President Trump discusses the midterm elections, the Fed's interest rate hikes and why USA economic growth will help bring people together. But for Donald Trump , who boasts of having "an economy vibrant", the monetary policy is now "the biggest risk", because according to him "the Fed raises the rates too soon".

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  • Powerball winning numbers: 8, 12, 13, 19, 27; Powerball 4
Powerball winning numbers: 8, 12, 13, 19, 27; Powerball 4

That's because the odds of winning the jackpot are one in 292.2 million. The next drawing will be held on Saturday at 11 p.m. EST. "We're also buying a lottery ticket'". Winners have 180 days from the date of the drawing to claim their prize. The $750 million prize refers to the annuity option, paid annually over 29 years.

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  • Japan’s Shinzo Abe To Meet With China’s Xi Jinping
Japan’s Shinzo Abe To Meet With China’s Xi Jinping

As expected, Abe invited Xi to visit Japan in coming months. Possibly the most significant China-related event this fall. He said, as democracies, the two countries have shared values and they seek peace and prosperity for all. But growing uncertainty in the two countries' respective ties with the United States have pushed the traditional riv...

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  • Saudi Attorney General: Turkish evidence points to Khashoggi murder being premeditated
Saudi Attorney General: Turkish evidence points to Khashoggi murder being premeditated

On today, Prince Mohammed attended the first meeting of a committee aiming to restructure the kingdom's intelligence services after the killing of Khashoggi, the state-run Saudi Press Agency said . After first insisting Khashoggi left the consulate unharmed, Saudi authorities said he was killed in an argument that degenerated into a brawl. K...

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  • U.S. crude price up as fuel stock drawdown causes rebound
U.S. crude price up as fuel stock drawdown causes rebound

The overall attitude of traders has been very bearish, and I think that with the Saudi Arabia and government pledging to pump as much oil as possible, I think we will continue to struggle to find follow-through on these rallies. "As we - and other producers - raise production, spare capacity will tighten by the same amount", Al-Aama said . O...

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  • East TN Powerball player wins $2 million, jackpot rises to $620 million
East TN Powerball player wins $2 million, jackpot rises to $620 million

This week's billion-dollar haul includes the largest prize in United States lottery history. But lottery prizes weren't always this ginormous. Friday morning, the jackpot rose to $1 billion , with an estimated cash payout of more than $565 million.

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  • Saudi Arabia deployed Twitter army against critics - NY Times
Saudi Arabia deployed Twitter army against critics - NY Times

The UK Foreign Office described it as "a awful act" and said the people behind the killing "must be held to account". The events "still haven't been cleared up and of course we demand that they be cleared up", she said Saturday. "So, what we would rather do is support the investigation, find out what happened". "That is not the focus of my trip". ...

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  • $1M Powerball ticket sold in Lexington; Saturday's jackpot grows to $430M
$1M Powerball ticket sold in Lexington; Saturday's jackpot grows to $430M

The winning numbers on Tuesday were 69, 45, 61, 3, 49, and the Mega Ball was 9. Lottery officials say three people have won $1 million playing in the past 10 days. "Ultimately, these games, they're all about the jackpots", Gordon Medenica, Maryland's lottery and gaming director, said Wednesday. "The way you want to think about it is that there ar...

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  • Numbers for Mega Millions drawing
Numbers for Mega Millions drawing

The winning numbers on Tuesday were 69, 45, 61, 3, 49, and the Mega Ball was 9. The Mega Millions drawing takes place at 8 p.m. Friday, while Powerball's draw is slated for 8 p.m. The previous largest single jackpot of $758.7 million was won last year by Mavis Wanczyk, a 53-year-old mother of two from MA. The Powerball jackpot was last won ...

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  • Mike Pompeo to arrive in Saudi to meet King Salman
Mike Pompeo to arrive in Saudi to meet King Salman

Significantly, it was expected to showcase the reform agenda of Saudi Crown Prince Mohammed bin Salman . He made no remarks upon landing. On Monday, King Salman ordered an investigation into the case. The report was attributed to two unnamed sources. For many years, the notion that Khashoggi would turn into the Saudi regime's most-wanted oppon...

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  • Saudis preparing to admit Jamal Khashoggi died during interrogation, sources say
Saudis preparing to admit Jamal Khashoggi died during interrogation, sources say

Technicians in coveralls, gloves and covered shoes treated the diplomatic mission as a crime scene during their hours-long search. It was not immediately clear what evidence they gathered. His fiancée, who was waiting outside, said he never left the building. "It depends on how well they cleaned it up", Prinz told The Associated Press .

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  • Mega Millions, Powerball pots this weekend worth $862M
Mega Millions, Powerball pots this weekend worth $862M

The Tuesday drawing marked the 22nd consecutive one where nobody matched all six numbers drawn, according to the lottery website. There was no big victor in Friday night's Mega Millions drawing , meaning the jackpot climbed to one of the largest in the game's history.

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