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Business Jackson Hole month President Donald Trump U.S. 

Shares barely budge amid uncertainty over Trump’s economic agenda

August 21, 2017 By Hideyuki Sano TOKYO (Reuters) – Asian shares were tentative in early Monday trade as investors remained unconvinced about U.S. President Donald Trump’s ability to fulfill his economic agenda, even as the departure of his controversial policy strategist raised hopes of some progress. MSCI’s broadest index of Asia-Pacific shares outside Japan was down 0.07 percent while Japan’s Nikkei was off 0.4 percent. S&P Mini futures were flat at 2,427, not far from its one-month low of 2,419.5 touched on Friday. Wall Street shares got only a short-lived…

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China government President Donald Trump Tech Top News U.S. 

U.S. formally launches probe of China’s intellectual property practices

August 18, 2017 WASHINGTON (Reuters) – The United States on Friday formally launched an investigation into China’s alleged theft of U.S. intellectual property, a widely expected move following a call from President Donald Trump earlier this week to determine whether a probe was needed. The probe is the administration’s first direct measure against Chinese trade practices, which the White House and U.S. business groups say are bruising American industry. “After consulting with stakeholders and other government agencies, I have determined that these critical issues merit a thorough investigation,” U.S. Trade…

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Bengaluru Editing Business President Donald Trump Sruthi Shankar 

Wall Street opens little changed

August 18, 2017 (Reuters) – U.S. stocks opened little changed on Friday, a day after the S&P posted its biggest one-day percentage loss in about three months amid concerns over President Donald Trump’s ability to legislate his pro-growth agenda. The Dow Jones Industrial Average fell 12.56 points, or 0.06 percent, to 21,738.17. The S&P 500 lost 2.29 points, or 0.09 percent, to 2,427.72. The Nasdaq Composite dropped 0.12 points, or -0 percent, to 6,221.79. (Reporting by Tanya Agrawal; Editing by Anil D’Silva) Powered by WPeMatico

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Business NAFTA President Donald Trump U.S. 

On sidelines of trade talks, businesses tout NAFTA’s benefits

August 17, 2017 By Ginger Gibson and Anthony Esposito WASHINGTON (Reuters) – Steps away from this week’s NAFTA trade negotiations, business unified in hopes of sending a singular message: do no harm. Representatives from the United States, Canada and Mexico convened behind closed doors at a Washington, D.C. hotel in an effort to strike a new North American Free Trade Agreement. And not far away, industry representatives from all three nations sat waiting and hoping to influence the talks. After two days of meetings, lobbyists admitted privately that they remained…

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Business Mexico NAFTA President Donald Trump U.S. 

Auto groups side with Canada, Mexico on NAFTA origin rules

August 17, 2017 By David Lawder and Anthony Esposito WASHINGTON (Reuters) – Auto industry groups from Canada, Mexico and the United States are pushing back against the Trump administration’s demand for higher U.S. automotive content in a modernized North American Free Trade Agreement. At talks underway this week in Washington, automaker and parts groups from all three countries were urging negotiators against tighter rules of origin, said Eduardo Solis, president of the Mexican Automotive Industry Association. But U.S. Trade Representative Robert Lighthizer confirmed the industry’s fears that the administration of…

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attack Business President Donald Trump tax cuts U.S. 

Investors sell stocks, dollar on fears Trump agenda is foundering

August 18, 2017 By Nichola Saminather SINGAPORE (Reuters) – Asian stock investors joined a global retreat from riskier assets on Friday and the dollar wavered on growing doubts about U.S. President Donald Trump’s ability to deliver his economic agenda. Confidence was shaken further after a van mowed through crowds of tourists in Barcelona on Thursday, killing at least 13 people and injuring more than 100 in an attack authorities were treating as Islamic terrorism. In Cambrils, a town south of Barcelona, police said they had killed five attackers on Thursday…

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Economy EIA President Donald Trump Russian Top News U.S. 

Oil prices fall amid broader market selloff, despite tightening supplies

August 18, 2017 By Henning Gloystein SINGAPORE (Reuters) – Oil prices fell early on Friday as part of a broad-based selloff across markets and despite signs that crude markets are gradually tightening. Brent crude futures, the international benchmark for oil prices, were at $50.93 per barrel at 0031 GMT, down 10 cents, or 0.2 percent, from their last close. U.S. West Texas Intermediate (WTI) crude futures were at $47.02 a barrel, down 7 cents, or 0.2 percent. Oil traders said the crude falls came amid a selloff across many other…

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Entertainment Filmmaker Michael Moore President Donald Trump show Top News Trump Tower 

Filmmaker Michael Moore says Trump will ‘get us all killed’

August 17, 2017 By Alicia Powell NEW YORK (Reuters) – Documentary filmmaker Michael Moore is trading screen time for the stage in a one-man show now on Broadway that is a call to action over the current state of U.S. politics. The show, “The Terms of My Surrender,” uses Moore’s satirical brand of humor to target U.S. President Donald Trump and encourage liberals to turn resentment over Trump and the Republican political agenda into actual resistance. “This guy’s going to get us all killed. There’s nobody in charge. This man…

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Director Bigelow Entertainment Kathryn Bigelow President Donald Trump Top News U.S. 

Director Bigelow hopes Trump watches ‘Detroit’ and is humanized by it

August 17, 2017 LONDON (Reuters) – Movie director Kathryn Bigelow said on Wednesday she hoped U.S. President Donald Trump would watch her new film “Detroit,” saying it might help to humanize him at a time when racial tension is roiling the nation. “Detroit” is an unflinching look at events in the summer of 1967 riots in the U.S. city, when tensions between black residents and a predominantly white police force erupted. Reviewers have called the film powerful but painful to watch. “The film is a kind of indictment against the…

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Amazon Business President Donald Trump Twitter U.S. 

Trump, in tweet, hits Amazon over taxes, jobs

August 16, 2017 WASHINGTON (Reuters) – U.S. President Donald Trump on Wednesday criticized on Twitter over taxes and jobs and accused the global retailer, without offering evidence, of hurting U.S. localities and causing job losses. Shares of the company fell 0.3 percent to $980.00 in premarket trade after Trump’s comments. Representatives for the company could not be immediately reached for comment “Amazon is doing great damage to tax paying retailers. Towns, cities and states throughout the U.S. are being hurt – many jobs being lost!” Trump wrote. Trump has…

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