Coeco

US Official: US Foreign Military Sales Total $55.6B, Up 33 Percent 

Sales of U.S. military equipment to foreign governments rose 33 percent to $55.6 billion in the fiscal year ended Sept. 30, a U.S. administration official told Reuters on Tuesday. The …

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Trump’s Scottish Golf Resorts Lose Millions

U.S. President Donald Trump’s golf courses in Scotland lost more than $6 million in 2017. A report released Monday said the Trump International Golf Links near Aberdeen lost $1.7 million, …

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Pakistan’s New Government to Open Talks with IMF for Financial Assistance

Pakistan’s new government will open talks with the International Monetary Fund for emergency financial assistance to ease a mounting balance of payments crisis, the finance ministry said Monday. New Prime …

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China Welcomes Saudi Plans to Invest in CPEC Project With Pakistan

China has praised investments Saudi Arabia intends to contribute to Chinese-funded massive infrastructure projects under construction in Pakistan, dispelling skepticism Islamabad was risking Beijing’s outrage by inviting a third party …

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Ankara Eyes Syria Reconstruction to Boost Crisis-Hit Economy

Turkey’s hosting of a four-nation Syrian summit later this month is a diplomatic win for President Recep Tayyip Erdogan. With Syria’s reconstruction, a key item of the planned meeting of …

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AA Aims to Avoid Putting Delayed Travelers on Other Airlines

American Airlines is telling employees to think twice before rebooking stranded customers on rival airlines, and regular economy-class passengers are the most likely to suffer when there are long delays …

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Final Tweaks in North American Trade Deal Keep Lid on E-commerce

Last-minute changes to a new North American trade deal sank U.S. hopes of making Canada and Mexico allow higher-value shipments to the countries by online retailers, such as Amazon.com, a …

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US Job Growth Cools; Unemployment Rate Falls to 3.7 Percent

U.S. job growth slowed sharply in September likely as Hurricane Florence depressed restaurant and retail payrolls, but the unemployment rate fell to near a 49-year low of 3.7 percent, pointing …

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Putin Hopes Europe Will Resist US Pressure on Germany Pipeline

Russian President Vladimir Putin on Wednesday strongly defended a prospective Russia-Germany natural gas pipeline as economically feasible and voiced hope that European Union nations will be able to resist U.S. …

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7-Year-Old Toy Reviewer on YouTube Becomes Toy Himself

Seven-year-old Ryan drew millions of views reviewing toys on YouTube. Now, he’s become a toy himself. Walmart is selling action figures in his likeness, putty with his face on the …

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Trade Pact Clause Seen Deterring China Deal with Canada, Mexico

China’s hopes of negotiating a free trade pact with Canada or Mexico were dealt a sharp setback by a provision deep in the new U.S.-Mexico-Canada trade agreement that aims to …

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Mexican, Canadian Steel Lobbies Urge Fix to US Tariff Dispute

Mexico and Canada on Tuesday urged their governments to resolve a tariff dispute with the United States before signing a new trilateral trade deal that was unveiled this week. In …

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Disaster Undoes Hard-won Progress for Indonesian Port City

Palu, the Indonesian city devastated by an earthquake, tsunamis and mudslides, has strived to transform itself into a major trading hub, but the city’s buildings and other infrastructure were no …

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Tokyo Fishmongers Mourn and Protest Closure of Famous Fish Market

Takako Arai’s earliest memories are of Tsukiji, playing hide-and-seek with her brother in the concrete maze of Tokyo’s sprawling fish market. Years later, she now runs the family’s seafood stall …

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Unilever Tops List of Food and Drink Firms Tackling Forced Labor

Anglo-Dutch giant Unilever topped a list on Tuesday ranking how well food and drink companies tackle the risk of forced labor in their supply chains, ahead of Kellogg Company and …

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Canada PM Takes Quebec Dairy Gamble to Preserve Big Trade Deal

With his political future at stake, Canadian Prime Minister Justin Trudeau will mount a charm offensive to placate dairy farmers who say he sold them out in order to win …

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Media Report: Trump Built Fortune Via Tax Fraud

President Donald Trump used questionable tax dodges and outright fraud to greatly increase his fortune that started with money from his parents, The New York Times reported Tuesday. Trump likes …

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Fed Chair Powell Says Gradual Rate Hikes Best Approach

Federal Reserve Chairman Jerome Powell said Tuesday that he sees no need to drop the central bank’s current gradual approach to raising interest rates. Powell said the combination of steady, …

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Homeboy Industries Turns Ex-Convicts’ Lives Around

Can ex-convicts completely turn their lives around? A program called “Homeboy Industries” believes so. It provides training, classes and support to former gang members and people just out of prison. …

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Mexican Auto Parts Makers See New Trade Deal Boosting Output

Auto parts output in Mexico will jump about 10 percent over the next three years as automakers scramble to adhere to stricter content rules laid out in a new North …

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How NAFTA 2.0 Will Shake Up Business as Usual

American dairy farmers get more access to the Canadian market. U.S. drug companies can fend off generic competition for a few more years. Automakers are under pressure to build more …

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GE, Seeking Path Forward as a Century-old Company, Ousts CEO

General Electric ousted its CEO, took a $23 billion charge and said it would fall short of profit forecasts this year, further signs that the century-old industrial conglomerate is struggling …

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