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Durex issues Canada-wide recall on one of their lines of condoms

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While there's no immediate safety concern for consumers, Durex Canada says they've been working closely with Health Canada and have made a decision to recall affected batches. The company says that there is no immediate safety concern for consumers, and the recall is being issued over concerns of the condoms' registered burst pressure specification towards the end of the product's shelf-life. Read More »

Gatwick Airport: Majority stake sold to French firm

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In 2016, Gatwick's expansion plans were dealt a blow when the government rejected its proposal for a new second runway while giving the go-ahead for Heathrow to build a third runway. Gatwick's CEO Stewart Wingate said there would be no management or operational changes to the "immediate" running of the airport . French firm Vinci has penned a deal to buy a controlling stake in Gatwick just days after after drone sightings at the airport caused chaos for thousands of passengers ... Read More »

Double-decker London bus crashes into front garden

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The area was immediately cordoned off by emergency services with two people treated for minor injuries and another taken to hospital, the Met police confirmed. "One person at the scene tweeted: " #Streatham bus crash. Missed my own vehicle by some feet. "Officers and London Ambulance Service attended the scene". Read More »

'Watchman won't let scamsters go', says PM Narendra Modi

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Himachal Chief Minister Jai Ram Thakur, Union Health Minister J P Nadda, BJP state in-charge Mangal Pandey and BJP state president Satpal Singh reached Dharamshala Wednesday and took stock of the preparations at the rally site. Himachal Pradesh Governor Acharya Dev Vrat was also present at the rally. The accident took place in Jawali sub-division in Kangra, 37 km from the Police Grounds in Dharamsala where Modi addressed the public rally. Read More »

NJ Among States Who Reached $575M Settlement with Wells Fargo

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In addition, Wells Fargo improperly submitted more than 6,500 renters insurance and/or simplified term life insurance policy applications and payments from customer accounts without the customers' knowledge or consent. After reaching settlements with the Consumer Financial Protection Bureau, Office of the Comptroller of the Currency, the Los Angeles city attorney and the NY attorney general, Wells Fargo still faces probes by the U.S. Read More »

US Retail Holiday Sales Best in 6 Years

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A robust shopping season from before Thanksgiving through Christmas has given retailers much to cheer about this year. Sales during the US holiday shopping season rose 5.1 percent to over $850 billion in 2018, the strongest in the past six years, according to a Mastercard report , as shoppers were encouraged by a robust economy and early discounts. Read More »

Dow Surges 1,000 Points as Markets Recover From Christmas Eve Disaster

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On the whole, it's been a turbulent month - the market remains on track for its worst December since 1931, during the depths of the Depression, and could finish 2018 with its biggest losses in a decade. Another day of heavy losses would have marked the end of longest bull market for stocks in modern history - a run of almost 10 years. Wednesday's gains pulled the S&P 500 back somewhat from the brink of a bear market, where it finished after a shortened trading session Monday. Read More »

Purchases trough Alexa tripled this holiday season

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Amazon says that Alexa was used three times as much than previous year for shopping. The last Prime Now delivery on Christmas Eve made at 11:30 pm in Berkeley, Calif. In 2013, a larger than expected surge in last-minute online shopping caught UPS off guard and forced it and Amazon and other retailers to offer refunds to customers who didn't receive their orders on time for Christmas. Read More »

Nationwide internet outage affects CenturyLink customers

The outage began early in the day but by late Thursday night, the company tweeted that its engineers had identified a "network element" that was affecting services and expected to fully restore services within hours. The alert from CRESA left users confused as to whether the outage was limited to Clark County-the southernmost county in Washington-or whether it extended to other parts of the state. Read More »

US Treasury chief to confer with top market regulators

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News of Trump's discussions about Powell prompted rebukes from lawmakers and alarm among economists and Wall Street executives Saturday. The Nasdaq Composite is now 22 percent below its record reached in August and is in a bear market. Mnuchin could just as easily call on the order of the garter to take up arms and defend the realm". CNN, citing two people familiar with the matter, said Mr Trump had begun polling advisers about his legal authority, but that the White House had not come up ... Read More »

Trump 'very happy' with Treasury Secretary Mnuchin, White House adviser says

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He added: "The Fed is like a powerful golfer who can't score because he has no touch - he can't putt!" Citing sources familiar with the matter, the Journal reported that Gay Cohn-Trump's former chief economic adviser-told the White House that Trump's recent tweet calling himself a "Tariff Man" caused a plunge in the Dow Jones Industrial Average and that a former GOP treasury official told the department's current chief-Steven Mnuchin-that Trump's "dysfunctional" leadership was hurting ... Read More »

Blue sky at night lights up social media in NY

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The fire department later added that there were "no injuries reported". Con Edison said its crews responded to a fire at the substation and that it caused scattered power outages. 7 train had resumed making all stops but warned of "extensive delays" in both directions. The NYPD asked people to avoid the area between 20th Avenue and 31st Street in Astoria. Read More »

'I do' have confidence Treasury Secretary Mnuchin

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Those remarks came amid the stock market's suffering a significant decline in prices. Stock futures were up before the market opened on Wednesday after it was closed for Christmas Day. Mr Trump's Oval Office remarks contrasted with his tweet on Monday, saying: " The only problem our economy has is the Fed ". "They don't have a feel for the Market, they don't understand necessary Trade Wars or Strong Dollars or even Democrat Shutdowns over Borders". Read More »

Minimum wage hike going into effect in NY

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The milestone comes after she and fellow workers advocated tirelessly - sometimes going on strike - for a higher minimum wage since 2012 in the city and state. In 2006, OH voters approved a constitutional amendment - Sacré bleu! - that tied minimum wage to inflation, so this year's 25-cent increase corresponds with increases in the Consumer Price Index for urban wage earners and clerical workers. Read More »

RBI forms expert panel on reserves, Bimal Jalan to be the head

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The other members are Economic Affairs Secretary Subash Chandra Garg, RBI Deputy Governor N.S. Vishwanathan and two board members of the RBI - Bharat Doshi and Sudhir Mankad. The panel will submit a report within 90 days of its first meeting. On November 19, the central board of the RBI had chose to constitute an external committee to examine its economic capital framework. Read More »

Tokyo stocks dive more than 5% on fears over US economy

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The Asian stock downfall followed the Wall Street sell-off on Monday. Stocks in Shanghai and Taiwan also tumbled following heavy losses on Wall Street over President Donald Trump's attack on the U.S. Monday's 2.7 per cent plunge on the S&P 500 has been dubbed the "Mnuchin massacre" after the market took a dim view of his tweet that he had phoned the chief executives of the big six United States banks and they had assured him they had adequate liquidity for high year-end demand. Read More »

The 2020 Land Rover Defender is coming to America

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In fact, Land Rover gives nearly no details about the new Defender, aside from saying it will be a "revolutionary product" with a much larger appeal than the old models, and that it will have all the driver-assistance and tech features that customers expect from a modern vehicle. Read More »

Sales open today - pick up a Boxing Day deal

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Yet despite the initial flurry of enthusiastic bargain hunters, the average footfall across the United Kingdom for the period up to midday was 4.2 per cent lower than for the same hours on Boxing Day previous year, according to retail intelligence experts Springboard. Read More »

Gatwick drone arrest couple feel 'completely violated'

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The couple later identified themselves as Paul Gait and Elaine Kirk , making a public statement outside their home on Christmas Eve in which they said they felt " completely violated " by the arrest and subsequent coverage. There had been more than 200 sightings since the first drone was spotted in the Gatwick area on Wednesday, with police taking 67 statements, including from police officers and airport staff. Read More »

Bumper Boxing Day as Aberdeen shoppers flock to sales

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The last few days before Christmas were frantic, Ipsos Retail Performance said, with 27.4% more trips were made to non-food stores in the United Kingdom on Christmas Eve this year compared to last. Many retailers had a tough 2018 when they were forced into heavy discounts to compete with online shopping and to win over consumers whose earnings, when adjusted for inflation, are lower than they were a decade ago. Read More »

United Kingdom defence minister says he has grave concerns about Huawei

The US has long harboured the grouse that the telecom giants are tightly controlled by Chinese government and their equipment would be used as backdoor spying channels by Beijing . Can Apple rival Huawei conquer the United States market? Earlier this month, the company's finance chief Meng Wanzhou was arrested and then released on bail in Canada. Read More »

Dad Catches Every Flight To be With His Flight-Attendant Daughter

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Pierce's story went viral after a passenger, who was seated next to Hal on one of the flights, shared the encounter on Facebook Monday. Pierce later shared the post to her own page, saying the whole thing was a total " success ". Pierce was scheduled to work Christmas Eve and Christmas Day . Vaughan's daughter, Pierce Vaughan, is a flight attendant with Delta Air Lines. Read More »

Rattled markets would 'erupt' if Trump fired Fed chairman Powell

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Trump has made no public comments about a Bloomberg News report late Friday that he'd discussed firing the Fed's Jerome Powell after the latest interest rate hike by the central bank under Powell's stewardship. Some say that if Trump were to tweet that he planned to fire Powell, the damage to the Fed's credibility and global markets would likely occur, even if Powell ultimately kept his job after a court challenge. Read More »

Dow Climbs 1,050 Points in Largest-Ever Rally While Bitcoin Slumps — Newsflash

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The previous record point gain for the Dow was 936.42 on October 13, 2008, when markets were whipsawed nearly daily by developments in the financial crisis, which was then in full swing. Stocks rose higher despite virtually no news - which may have been a catalyst in its own right. Microsoft rose 3 percent to $96.89. Visa added 3 percent to $125.32, while Mastercard gained 3.5 percent to $180.82. Read More »

Flipkart, Amazon can’t sell products of companies they have stake in

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The DIPP is now in the process of putting together a fresh draft of the proposed policy after the last one faced heat from both companies and civil society alike. Indian retailers, concerned that their days are numbered with such " predatory pricing " practices dominating the market, successfully pushed back with a series of anti-trust petitions earlier this year that have culminated in the new regulations. Read More »

Fishermen saved by cruise ship after weeks adrift

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Two sailors who had been stranded for almost three weeks in their small fishing vessel were rescued Friday night when a Royal Caribbean cruise ship found them adrift at sea. The sailors had reportedly gone days without water, leaving one of the men unable to walk at the time they were rescued. The two men were checked over by the ship's medical team before being fed, clothed and taken to hospital, where they were given $300 raised by cruise ship staff in a collection for them to buy ... Read More »