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China's trade with Belt and Road countries totals 20 trillion yuan

The US and South Korea today announced last-minute participation. The Belt and Road Initiative (BRI) comprises the Silk Road Economic Belt and the 21st Century Maritime Silk Road. "So in this way I can understand that Americans want to do something with this project", Tian said, noting that when the BRI was first raised, there had been skepticism among think tanks and American companies. Read More »

BoE keeps rates on hold; Ups 2017 inflation forecast to 2.7%

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However, after the ONS' Q1 GDP numbers came in under expectations, analysts at Barclays argued that the MPC members thinking of a hike will likely be forced to reconsider. Ishaan Malhi, CEO and founder of online mortgage broker Trussle, says: "The Bank of England's continued reluctance to raise rates certainly won't be pleasing savers, but anyone looking to buy their first home or switch mortgage can breathe a sigh of relief". Read More »

After title, Conte sets sights on FA Cup

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Batshuayi's goal came from Cesar Azpilicueta's pass and sent the Chelsea players, fans and bench into euphoria. He was duly soaked in a Value-Added Tax of iced water wielded by Asmir Begovic and Carlo Cudicini upon his return to the dressing-room before being sprayed with champagne by Diego Costa. Read More »

On Comey's firing, the White House keeps changing its story

The White House also shifted its stance on whether Comey's termination had anything to do with the Russian Federation investigation , at first saying it was not linked. The president tweeted, "Again, the story that there was collusion between the Russians & Trump campaign was fabricated by Dems as an excuse for losing the election". Read More »

Global cyberattack used hacking tools reportedly developed by US National Security Agency

Russia, Ukraine and Taiwan were the top targets, Avast said. "It is past time for Congress to enhance cyber security by passing a law that requires the government to disclose vulnerabilities to companies in a timely manner". It said it was postponing all non-urgent work and asked people not to come to the accident and emergency unit. "Anyone who applied the patch that Microsoft released likely wasn't affected by this", Reiher said. Read More »

Banks tipped off to new tax: Hinch calls for investigation

Flagging recently announced reforms to education funding, Morrison said the Federal Government would continue to invest "record amounts" in education in line with the needs-based Gonski funding model. Ms Bligh said bankers are angry about the tax and insulted by the haste. Funding for each student across all sectors will grow at an average of 4.1% each year. Read More »

Microsoft is Bringing New Flavors of Linux to Windows 10

Microsoft also announced that HP and Intel have also joined the league and will soon release their Cortana-powered speakers. Now, the Graph doesn't merely represent that you, say, started writing an e-mail-it represents that you started writing an e-mail on your PC , and hence that it's meaningful and relevant to offer to migrate that same activity to your phone . Read More »

Western Conference finals begin in Anaheim

A breakdown of the Western Conference final between the Nashville Predators and Anaheim Ducks. The Ducks have been the hapless foils for some of the best moments in Nashville franchise history - and for Rinne, who always seems to find his inimitable top form against Anaheim. Read More »

Clark, Horgan, Weaver all say they're willing to work with other parties

But with the results unlikely to be final before May 24, it would be premature to commit to anything, he said. Clark said she intends to lead the next government, adding the result presents an opportunity to open up a new dialogue "about how we do things, what we should do, how we want to shape the future of our province". Read More »

China's first domestically-designed airliner makes its maiden flight

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The narrow-body C919 jet - white with green and blue stripes - disappeared into the clouds after taking off from Pudong worldwide airport in the commercial hub Shanghai as a crowd of thousands cheered, including top officials. Reports on the C919 narrowbody emphasised the symbolic significance of the name. Differences in price may narrow depending on specific orders. The successful flight signals China's entry into the global aviation market, and moves the country one step closer to ... Read More »

Snap Shares Plunge 22% After Disappointing Q1 Results

Even without that one-time cost, however, Snap's loss doubled from the same quarter a year earlier. Snap Inc shares plummeted on Wednesday, missing some Wall Street estimates as it competes with other messaging apps. Facebook (FB), which owns picture and video sharing competitors Instagram and WhatsApp, recently reported higher participation on both of these apps' disappearing photo and video features compared with Snap . Read More »

North Korea vows to find 'plot' culprits

Now Moon Jae-in will be in charge, however, and he has promised to reopen economic ties with North Korea in a policy his advisers call Sunshine 2.0. North Korea said US and South Korean agents bribed and coerced a North Korean man into joining the plot which was foiled by its state. Read More »

China to open market for United States credit cards, beef

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A new trade deal will allow US beef and natural gas exports to flow into China while opening up the US market for cooked poultry and Chinese banks, the US Commerce Secretary announced Thursday. Commerce Department said. Trump has since softened his tone as he's sought the country's cooperation in mitigating the nuclear threat from North Korea. Read More »

China's first giant passenger jet is slated for maiden test flight

At the same time, China's aviation market is growing rapidly as a rising middle class travels more for leisure and business. "This event can only be welcome". The aircraft's list price amounts to some $50 million, about half the price Airbus quotes for the A320. April 2009: COMAC finishes the C919's initial design and says it aims to send the jet on its maiden flight in 2014, according to the state-owned Beijing News. Read More »

The meat of U.S. and China's trade talks

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Department of Agriculture under the Obama administration. The countries also agreed to open up US exports of liquefied natural gas to China. According to the Trump Administration, there is one more round of technical consultations before US beef arrives in China by July 16, 2017. Read More »

Scottish health boards also affected by cyber attacks

Security teams at large financial services firms and businesses were reviewing plans for defending against ransomware attacks, according to executives with private cyber security firms. In addition, the No More Ransom Project also includes an online tool that enables ransomware victims to learn if a free decryptor is available by uploading a single encrypted file. Read More »

All eyes on Apple Inc.'s next iPhone launch

ET this morning after the company reported revenues and iPhone sales that missed analysts' estimates. "But yeah, we're really proud to do it. Looking ahead, we are excited to welcome attendees from around the world to our annual Worldwide Developers Conference next month in San Jose", he said. Read More »

White House Postpones Paris Climate Agreement Meeting-Again

There has been a chorus of appeals from USA and foreign business leaders, politicians and NGOs for Washington not to abandon the agreement. "The president has been meeting with his team for quite a while on this matter", Spicer said at the afternoon briefing, Politico reported . Read More »

Sage of Omaha Warren Buffett eyeing benefits of Trump tax cut

Right now, the funds from AIG are earning "peanuts" for Berkshire, but there is potential for better returns, he said. Berkshire is also the top shareholder at Delta, No. I remain bullish on Apple for a number of reasons, however Warren Buffett's enthusiasm for a stock he would otherwise not have considered just a few years ago makes me even more bullish. Read More »

Oil prices rise amid decreasing US crude stocks

WTI (West Texas Intermediate) crude oil (USO) (UCO) (IEZ) futures contracts for June delivery rose 1.4% to $47.96 per barrel in electronic trading at 5:25 AM EST on May 11, 2017. Investing.com offers an extensive set of professional tools for the financial markets. Continuing the trend for April, however, the U.S. Labor Department reported first-time claims for unemployment for the week ending May 6 was down 2,000 from the previous week. Read More »

Banks must decide how to pay for additional tax, potentially hitting customers

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Rumours of the tax saw losses in the big four banks accelerate yesterday, with CBA down 3.8%, on track for its biggest daily loss since February a year ago, Westpac off 3.5%, ANZ losing 2.6% and NAB down 2%. The government is also seeking to make it easier for banks to test new technologies by legislating to bring more businesses into the regulatory sandbox established by ASIC last December. Read More »

Macron quick to begin presidential duties

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The Socialists remain torn between the radical left of their defeated candidate Benoit Hamon and the more centrist branch that had been led by Valls. Benoit Hamon, who as the Socialist presidential candidate finished fifth in the first round of the election, said he planned to launch a new leftwing movement. Read More »

Snapchat slapped: $6bn wiped off value as shares collapse

For the same quarter a year ago, the company was $104.6 million in the red . Shares in Snap have sunk after its app, Snapchat saw disappointing user growth. CEO Mark Zuckerberg also shed $1.6 billion off his wealth at the time - leaving him with roughly $11.9 billion . This sharp decline comes after Snap announced that it added eight million active users daily in the first three months of this year to a total of 166 million - analysts surveyed by Bloomberg predicted an ... Read More »

US Democrats criticize Senate's all-male healthcare group

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By all accounts, however, the bill still faces a tough climb in the Senate despite the Republican majority there. Ryan explained that the AHCA creates high-risk pools for people with chronic diseases and pre-existing conditions , a solution to reforming the health care system without necessarily removing the pre-existing conditions provision in Obamacare . Read More »

Mike Flynn's appointment as National Security Advisor: Too many red flags ignored

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Yates filled in new details of the events of January 26, describing contacting McGahn in the morning and telling him she had something sensitive to discuss in person. "At the end of the day, when he found out that Gen. Flynn had betrayed the trust of the vice president back in the day, he let him go". The White House claimed that Flynn was sacked for misleading Vice President Mike Pence about phone calls he had with Russian ambassador Sergey Kislyak in December. Read More »

Sen. Manchin Says Trump-Backed Healthcare Bill Hurts W.Va.

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He said the bill cuts subsidies by more than $300 billion, and changes the subsidy system from income/cost-based to age-based. One organization hopes some big changes are made before that happens. A whopping 41% of voters think AHCA, which now goes to the Senate, will make the US health care system worse, according to the poll. "The next nomination he makes, the Federal Bureau of Investigation director, is going to be one of the most important positions, just from the standpoint of ... Read More »

Oil Inventories Fall More than Expected; Prices Rise

The US production has risen to 9.3 million barrels a day, closing in on the leaders Russian Federation and Saudi Arabia. Oil prices had some spring in their step midday Wednesday after USA government data confirmed a larger-than-expected fall in US crude inventories as refineries cut output. Read More »

Trump Denies Collusion Between 'Me and My Campaign and the Russians'

Yesterday, the White House attempted to clear the air on the several accounts leading to Comey's sacking that had been in the public domain. "I learned about it on TV", another administration official said Wednesday . Schiff and other Democrats said it is imperative that the Justice Department appoint a special prosecutor. "This Nixonian dismissal is created to obstruct further inquiry into collusion between the Trump campaign and Russian Federation". Read More »

What Now for the FBI's Trump-Russia Probe After Comey's Firing?

Beyond all the minutiae about who said what when, the Trump White House is now hurting from the broad impression that is functioning in a chaotic and vengeful manner, undermining its own credibility as aides are unable to stay on the same page as the President, who is himself very temperamental and unpredictable. Read More »

Chinese-made Passenger Jet Takes Test Flight

The plane took off at around 2 p.m. It was built by state-owned Commercial Aircraft Corp. of China or Comac. While the C919 is part of China's goal to break into the Western-dominated global aviation industry, United States experts believe the new Chinese-made passenger planes pose no threat to companies like Boeing and Airbus. Read More »