• Tesla gets the OK to begin Model 3 deliveries in Europe
Tesla gets the OK to begin Model 3 deliveries in Europe

Deliveries of Model 3 outside the United States will be a crucial development for Tesla, whose chief executive Elon Musk has said that he wasn't anxious about Model 3 setbacks because of the drop in US tax credit, as he expected deliveries to Europe and China to take off.

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  • Employee absences up, but airport wait times still normal: TSA
Employee absences up, but airport wait times still normal: TSA

After callouts hit 10% on Sunday nationwide, according to TSA, 7.5% of employees called out Monday, compared to 3.3% on the same Monday a year ago. "Many employees are reporting that they are not able to report to work due to financial limitations", the TSA said in a statement .

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  • US Newark airport disrupted after drone sightings
US Newark airport disrupted after drone sightings

Flights in and out of Newark were briefly halted. According to the FAA , "Generally, drone operators should avoid flying near airports because of other air traffic". "We're coordinating with the FAA & fully supporting all federal law enforcement authorities as they investigate this incident", the tweet read. We are working closely with the airpo...

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  • Huawei Chairman Says Will Seek Swift Resolution of Detained Executive
Huawei Chairman Says Will Seek Swift Resolution of Detained Executive

However, on 29 December the case was reopened. Officials there have offered few specifics about what they are accused of, saying only that the men are accused of "engaging in activities endangering national security". This raises the prospect that the US may not formally request Meng's extradition and highlights that the whole matter may hang...

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  • Digger driver wrecks newly completed hotel lobby in Liverpool
Digger driver wrecks newly completed hotel lobby in Liverpool

Videos shared on social media showed the digger repeatedly smashing [VIDEO ] into the front of the hotel on the day on which it was supposed to be complete . "Then some idiot in a mini digger made a decision to drive through the middle of the building", he told the Press Association. According to the company, the man responsible worked for...

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  • Ghosn vows to remain in Japan
Ghosn vows to remain in Japan

Ghosn also promised not to contact witnesses in the case - something the court feared he would do when it turned down his previous bail request. Ghosn is also willing to remain in Tokyo , where he has leased an apartment, and post stock he owns in Nissan Motor Co (7201.T) as collateral, his spokeswoman said.

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  • Maruti starts booking for latest version Baleno
Maruti starts booking for latest version Baleno

Maruti Suzuki hasn't changed the equipment lines of the Baleno with the facelift. As per Maruti, the new Baleno will get additional safety features like speed alert system, co-driver and driver seatbelt reminder system and rear parking assistance sensors as standard across the variants.

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  • International Monetary Fund cuts global growth forecasts
International Monetary Fund cuts global growth forecasts

And China , the world's second-biggest economy, said it had slowed to its weakest pace since 1990. The IMF maintained its USA growth projections of 2.5 percent this year and 1.8 percent in 2020, pointing to continued strength in domestic demand.

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  • China demands US drop Huawei extradition request with Canada
China demands US drop Huawei extradition request with Canada

China is issuing fresh demands that the US abandon its request that Canada extradite a senior telecom executive who was detained in Vancouver last month. Kovrig is a former diplomat who was working as an adviser with the non-profit International Crisis Group. Their letter, dated January 21 and made public today, is endorsed by 27 members of the d...

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  • The Times view on China's slowdown in economic growth: Chinese Medicine
The Times view on China's slowdown in economic growth: Chinese Medicine

Last year's growth rate was down from 6.8 per cent in 2017 and was the lowest growth rate of 3.9 per cent, recorded in 1990. "The economy faces downward pressure", Ning Jizhe, head of the National Bureau of Statistics, said at a news conference Monday.

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  • India will remain one of the fastest growing major economies, says International Monetary Fund
India will remain one of the fastest growing major economies, says International Monetary Fund

A slowdown in China, the second-largest economy in the world, and Brexit uncertainty were also listed as risks to its outlook. " After two years of solid expansion, the world economy is growing more slowly than expected and risks are rising ", she said.

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  • Sonjay Dutt Details Terrible Travel Day, Stuck In Sub-Zero Temperatures
Sonjay Dutt Details Terrible Travel Day, Stuck In Sub-Zero Temperatures

The aircraft went on to land, whereupon the unwell passenger was taken to the hospital. CBC News reported that there were 250 passengers on the plane and that the airline believed that the extreme cold weather resulted in the mechanical malfunction, which prevented takeoff from the Canadian airport.

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  • China`s economy slumps to 28 year low to 6.6% in 2018
China`s economy slumps to 28 year low to 6.6% in 2018

The move prompted China to increase tariffs on Dollars 110 billion of U.S. goods. The number of children born in the year was the lowest since 1961, when 11.87 million babies were born, South China Morning Post reported . China's surveyed unemployment rate in urban areas stood at 4.9 percent in December, 0.1 percentage point lower than that in D...

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  • Google Slapped with $57 Million Fine in Landmark GDPR Case
Google Slapped with $57 Million Fine in Landmark GDPR Case

The fine was levied, CNIL said, because Google made it too hard for users to find essential information, "such as the data-processing purposes, the data storage periods or the categories of personal data used for the ads personalisation", by splitting them across multiple documents, help pages and settings screens.

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  • China's 2018 oil refinery output, December gas production hit records
China's 2018 oil refinery output, December gas production hit records

Combined with reports from Apple , American car-makers, and other US companies that China sales are falling below expectations, this would seem to point to a decision by China's consumers to avoid USA products. Both countries have slapped billions of dollars worth of tariffs on each other's goods and are now negotiating a deal to end the dispu...

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  • Tesla lays off 3,000 people amidst tough finances
Tesla lays off 3,000 people amidst tough finances

It's not a staggering amount by any means, but it was nonetheless a symbolic victory for Tesla and proof that the mass market Model 3 was capable of helping the company turn a corner. He said Tesla hopes to post a " tiny profit" in the current quarter but that after expanding its workforce by 30% previous year, it can not support that size...

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  • Trump proposes DACA deal in exchange for wall funding
Trump proposes DACA deal in exchange for wall funding

The Bridge Act was drafted to protect Dreamers after then President-elect Trump promised to tear up the Obama-era executive order that put DACA on the books in the first place. He has refused to sign any spending bill without the funding. But it's drawn nothing but negative reviews from Democrats so far. Top Democrats soundly rejected the offe...

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  • Opec cuts send oil on its way to third weekly increase
Opec cuts send oil on its way to third weekly increase

Oil headed for a third weekly increase on expectations that production cuts by OPEC and resilient fuel demand will keep global markets in balance. This shows that OPEC is serious about rebalancing the market. crude output would probably be higher than the production capacities of Russian Federation and Saudi Arabia by mid-year. EIA forecasts gl...

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  • China posts strongest export growth in 7 years in 2018…
China posts strongest export growth in 7 years in 2018…

US Secretary of the Treasury Steven Mnuchin discussed lifting some or all tariffs on Chinese goods and suggested offering a tariff rollback during trade discussions scheduled for January 30, the Wall Street Journal reported on Thursday, citing people familiar with the internal deliberations.

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  • Japan court rejects ex-Nissan chief's bail appeal
Japan court rejects ex-Nissan chief's bail appeal

Ghosn has denied the charges against him. Arrested auto executive Carlos Ghosn improperly received 7.8 million euros (US$9 million) in compensation from a joint venture (JV) between Nissan Motor Co and Mitsubishi Motors Corp, the companies said yesterday.

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