Tuesday , 25 April 2017

Left-wing Democrats Sanders, Warren extend olive branch to Trump

WASHINGTON: Bernie Sanders, who galvanised young Americans during this year’s Democratic primary race, said Wednesday that he is ready to work with president-elect Donald Trump if he wants to “improve the lives of working families.” “Donald Trump tapped into the anger of a declining middle class that is sick and …

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Trade, environment are big worries for Canada after Trump win

Canadian Prime Minister Justin Trudeau said on Wednesday he looked forward to working with Donald Trump after the businessman won the US presidency in a victory that could hurt Canada’s exporters and wreck plans to impose a national carbon price. The left-leaning Trudeau, who supports free trade and higher immigration, …

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Twitter COO Adam Bain to leave

Just weeks after reporting job cuts and a disappointing fiscal quarter, Twitter announced Wednesday that chief operating officer Adam Bain is leaving the company. Twitter chief financial officer Anthony Noto will take over Bain’s job, serving in both posts until the board hires a new chief financial officer, the struggling …

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This new iOS feature could save your life

Apple is testing a new feature for iPhones that would allow users to make phone calls when they are in trouble. The beta version of the upcoming iOS, previewed to developers on Tuesday, revealed a new SOS feature that allows users to make emergency call by simply pressing power button …

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British ‘Flash Crash’ trader pleads guilty in US

WASHINGTON: The British financial trader accused of manipulating markets and causing the 2010 “Flash Crash” in US stocks pleaded guilty in a Chicago court Wednesday to fraud charges, authorities said. Navinder Singh Sarao, a 37-year-old working out of a modest suburban home in Hounslow in west London, allegedly made tens …

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Trump election ignites fears over US encryption, surveillance policy

Donald Trump’s surprise election victory has alarmed technology companies and civil libertarians fearful that a self-described ‘law and order’ president will attempt to expand surveillance programs and rejoin a long-running battle over government access to encrypted information. Trump’s campaign featured numerous broadsides against the tech sector, including calls for closing …

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Pakistan to focus on ‘non-traditional’ trade markets

ISLAMABAD: Pakistan is going to access non-traditional trade markets of the world and liberalise its trade environment, which will ensure sustained economic growth, said Commerce Minister Khurram Dastgir. He said this while chairing a briefing on the status of the Free Trade Agreement (FTA) negotiations under way with Thailand, stated …

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Textile sector: PTEA laments high RLNG prices

FAISALABAD: The Pakistan Textile Exporters Association (PTEA) has expressed concern over high RLNG prices, part of which is the recovery component of distribution losses and cost of supply to the textile sector. Inclusion of such charges in RLNG prices has increased the production cost, rendering us unviable within the region, …

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Brazil envoy says Pakistan investment-friendly

KARACHI: The Federative Republic of Brazil Ambassador to Pakistan Claudio Lins has said that ‘misinformation and false information’ about the safety and security situation discourages Brazilian investors from visiting or investing in Pakistan, which can be addressed by exchanging more trade missions. Speaking during his visit to the Karachi Chamber …

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$8-billion main rail-link: ML-1 project to be kept outside PSDP

ISLAMABAD: The government has decided to complete the $8 billion project meant to upgrade Pakistan’s main rail link ML-I that connects the country’s north to the south by keeping it outside the Public Sector Development Programme, a move aimed at avoiding its impact on the country’s limited pool of development …

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