Month: August 2017

MONZA, Italy (Reuters) – Fernando Alonso has denied telling McLaren to choose between him and Honda as the Spaniard considers his future with the Formula One team. The two-times world champion also dismissed media speculation that he retired from last weekend’s Belgian Grand Prix without there being anything technically wrong with his car’s power unit.
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NEW DELHI (Reuters) – India’s eighth navigation satellite imploded shortly after lift off on Thursday, state-run Indian Space Research Organisation (ISRO) said. The IRNSS-1H satellite had been expected to join seven others in the Indian Regional Navigation Satellite System (IRNSS) to take the country a step further to developing its own global positioning system. “Satellite
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(Reuters) – Wall Street opened higher on Thursday after tepid inflation data raised expectations that Federal Reserve will hold off from increasing interest rates again this year. The core personal consumption expenditures (PCE) price index – the Fed’s preferred inflation measure – increased 1.4 percent in the 12 months through July, its smallest year-on-year increase
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KYOTO, Japan (Reuters) – Prime Minister Theresa May said she wanted to continue as Britain’s leader beyond the next parliamentary election, not due until 2022, dismissing expectations she could stand down after Brexit as early as 2019. May’s authority has been badly damaged by a ill-judged election campaign earlier this year which cost her Conservative
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BRUSSELS (Reuters) – The British and EU lead negotiators on Britain’s withdrawal from the European Union, David Davis and Michel Barnier, will brief the media on the latest round of talks in Brussels at 12:45 p.m. (1045 GMT) on Thursday. The European Commission confirmed the timing of the joint news conference in a statement. Davis
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NEW YORK (Reuters) – Amazon.com (AMZN.O) has been hit with a proposed class action lawsuit by a couple who claims defective eclipse glasses purchased through the online retailer damaged their eyes. In the lawsuit, filed in federal court in South Carolina on Tuesday evening, Corey Payne and his fiancée, Kayla Harris, said they purchased a
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WASHINGTON (Reuters) – Arkema SA expects chemicals to catch fire or explode at its heavily flooded plant in Crosby, Texas in the coming days because the plant has lost power to its chemical cooling systems, a company official said on Wednesday. The company evacuated remaining workers on Tuesday, and Harris County ordered the evacuation of
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