• Woolworth recalls savoury rice after listeria outbreak in Europe
Woolworth recalls savoury rice after listeria outbreak in Europe

The product is also sold by Woolworths supermarkets in Australia, which are also owned by Countdown's parent company, Progressive Enterprises. The news of the death, which occurred earlier this year, comes days after a recall of frozen food products contaminated with the deadly bacteria.

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  • Bank of Canada raises rate, predicts economic resilience despite trade risks
Bank of Canada raises rate, predicts economic resilience despite trade risks

The interest charged on this kind of debt typically goes up when the Bank raises its rate. The rate is what banks pay for short-term loans, which affects what consumers pay for things like mortgages, lines of credit and savings accounts. The bank said USA steel and aluminum tariffs imposed in June and retaliatory countermeasures by Canada in July...

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  • BPCL, HPCL and International Olympic Committee surge up to 6% as crude prices tumble
BPCL, HPCL and International Olympic Committee surge up to 6% as crude prices tumble

The decline in stockpiles was the most in almost two years, leaving inventories at their lowest since February 2015, and the consequent price rally suggests that Wednesday's decline was overdone. Libya's national oil production fell to 527,000 barrels per day from a high of 1.28 million bpd in February following recent oil port closures, the head o...

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  • Pfizer Reverses Drug Price Hikes After Call with Trump and HHS Secretary
Pfizer Reverses Drug Price Hikes After Call with Trump and HHS Secretary

He said the company was "modifying prices" for roughly 10 per cent of its 400 medicines and vaccines, and that "list prices do not reflect what most patients or insurance companies pay". Trump on Tuesday praised Read for his decision to delay the price increases. Pfizer on Monday defended the price increases, saying they would not lead to a net i...

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  • Turkey's army may come under authority of defence ministry -Erdogan
Turkey's army may come under authority of defence ministry -Erdogan

Turkish President Recep Tayyip Erdogan poses for photos with the new cabinet members in Ankara , Turkey, on July 9, 2018 . Among the obstacles between the two North Atlantic Treaty Organisation allies is the imprisonment of US citizens in Turkey, including pastor Andrew Brunson who is now on trial on terrorism charges.

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  • Bank of Canada delivers another hike, key interest rate rises to 1.5%
Bank of Canada delivers another hike, key interest rate rises to 1.5%

The Canadian dollar weakened to a more than one-week low against its USA counterpart on Wednesday as broad-based gains for the greenback offset an interest rate hike by the Bank of Canada and the prospect of further monetary policy tightening.

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  • Chinese retaliatory measures against USA already in effect
Chinese retaliatory measures against USA already in effect

But China also believes its economy, with a greater focus on domestic demand and a reduced dependence on exports, can ride out the storm. He threatened to take action against the huge trade deficit the United States has with China and against what the U.S.

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  • Oil: Iran sanctions could send to $120 a barrel
Oil: Iran sanctions could send to $120 a barrel

And Saudi Arabia recently agreed to increase production by two million barrels per day, according to a White House statement. A day later, Saudi Arabia's state producer lowered August pricing for most crude grades in Asia and Europe and cut them for all grades headed to the US.

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  • US proposes $200B more in tariffs on Chinese imports
US proposes $200B more in tariffs on Chinese imports

All told, Trump has threatened eventually to slap tariffs on up to $550 billion in Chinese imports - more than China actually exported to the United States past year - if Beijing won't relent to USA pressure and continues to retaliate. Lighthizer's office will hear public comments on the plan and will reach a decision after August 31, according t...

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  • Erdogan takes on new powers, names son-in-law finance chief
Erdogan takes on new powers, names son-in-law finance chief

Mr Buhari welcomed his invitation to the Monday 9th inauguration but regretted his inability to be personally present. State news agency Anadolu said Erdogan's inauguration celebration was attended by Venezuelan President Nicolas Maduro , Russian Prime Minister Dmitry Medvedev and Sudanese President Omar Hassan al-Bashir, wanted for war crimes...

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  • Woman on oxygen machine dies after power company cuts off electricity
Woman on oxygen machine dies after power company cuts off electricity

Linda Daniels relied on an oxygen tank powered by electricity. Ms Daniels died an hour after paramedics left the home, according to KMOV, however it is unclear why they didn't continue to provide assistance. "There was no warning, no notice", he said. "We made numerous calls". "We have a large family and everyone in our family was calling". ...

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  • Former Permanent International Trade Secretary: May's Brexit Plan
Former Permanent International Trade Secretary: May's Brexit Plan "Better Than No Deal".

UK Prime Minister Theresa May is trying to finalize a detailed proposal to put to the European Union in the final stages of the negotiations, but has been thwarted by a cabinet riven by different visions of what Brexit should, or can, accomplish.

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  • Timehop Breach Exposes 21 Million Email Addresses
Timehop Breach Exposes 21 Million Email Addresses

Timehop, which resurfaces photos and posts from social media accounts, suffered a data breach July 4 that affected 21 million accounts. Any or all of your signup name, email address and phone number. "The damage was limited because of our long-standing commitment to only use the data we absolutely need to provide our service", the company wrote...

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  • Oil dips in nervous trading as US-China trade war looms
Oil dips in nervous trading as US-China trade war looms

Oil prices fell early on Friday along with stock markets. Crude oil could surge to more than $120 a barrel, according to Bank of America Merill Lynch analysts, if the Trump administration were to order a complete cutoff of Iranian barrels before the end of the year.

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  • Acadiana soybean farmers brace for worst after China imposes tariffs
Acadiana soybean farmers brace for worst after China imposes tariffs

The Foreign Ministry in Beijing said retaliatory measures "took effect immediately", with state news agency Xinhua confirming they involved 25% tariffs on an equal amount of goods. "The bigger the size (of imports facing tariffs), the bigger the potential that the GDP impact is larger than a linear extrapolation would suggest", said Aidan Yao, seni...

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  • United Kingdom govt into crisis as Brexit Secretary David Davis resigns
United Kingdom govt into crisis as Brexit Secretary David Davis resigns

It also puts a question mark over whether the leader will try to weather it and stand firm in her commitment to pursue a "business friendly" Brexit, or will be faced with more resignations and calls to quit herself. "It has been worrying the prime minister's advisers from the start". In one of the most tumultuous periods in recent British politic...

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  • Starbucks to eliminate plastic straws in all stores by 2020
Starbucks to eliminate plastic straws in all stores by 2020

Starbuckshadalready committed $10 million to help develop recyclable, compostable cups for hot drinks. Starbucks will eliminate plastic straws from its stores globally by 2020, in a nod to the growing push for businesses to be more environmentally friendly.

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  • Seattle's ban on plastic straws and utensil now in effect
Seattle's ban on plastic straws and utensil now in effect

The Seattle ban actually began with an ordinance prohibiting one-time-use food service items in 2008, but the city has allowed exemptions on certain items every year since. The success of that effort, the campaign said , coincided with the city's announcement that a plastic straw and utensil ban would go into effect in July.

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  • First Boys Rescued Emerge
First Boys Rescued Emerge

The operation began at 10 a.m. and he said it would take at least 11 hours for the first person to be rescued. "Today was very successful, more than expected", provincial Gov. Falling oxygen levels, and with numerous boys not able to swim well, present further risks should they panic as they are guided slowly through the pitch-black waters.

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  • ZTE names new CEO
ZTE names new CEO

The US imposed the ban against the Chinese company earlier this year, saying that it failed to comply with punitive measures imposed after allegations of lying about equipment sold to Iran and North Korea. ZTE names new board to meet USA mandate. Under the temporary authorisation, the company is allowed receive shipments from its American supplie...

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