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U.S. stock futures tumble on report of no progress in Sino-U.S. talks

TOKYO (Reuters) - U.S. stock futures tumbled and the safe haven yen and the Swiss franc gained in early Asian trade on Thursday after a media report that the United States and China had made no progress in deputy-level trade talks earlier in the week. FILE PHOTO: A man is reflected on a stock quotation board outside a brokerage in Tokyo, Japan, August 5, 2019. REUTERS/Issei KatoThe South China Morning Post also said the Chinese delegation, headed by Vice Premier Liu He, is planning to leave Washington on Thursday after just one day of minister-level meetings, instead of an originally planned departure set for Friday. S&P500 mini…

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Pompeo says appropriate for Trump to ask Ukraine to probe corruption

U.S. Secretary of State Mike Pompeo delivers statements at the State Department in Washington, U.S., October 9, 2019.REUTERS/Erin ScottWASHINGTON (Reuters) - U.S. Secretary of State Mike Pompeo said it was “wholly appropriate” for President Donald Trump to ask Ukraine’s leader to investigate corruption in his country. “I found that to be wholly appropriate to try to get another country to stop being corrupt,” Pompeo said in an interview on PBS’s “NewsHour” program. Pompeo has said he listened to the July 25 call between Trump and Ukrainian President Volodymyr Zelenskiy, in which Trump asked Zelenskiy to investigate Democratic presidential candidate Joe Biden and his son Hunter, who was…

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U.S. fight deepens as Biden calls for impeachment, Trump lashes out at whistleblower

ROCHESTER, N.H. (Reuters) - U.S. Democratic presidential contender Joe Biden called for the impeachment of his potential 2020 election foe Donald Trump for the first time on Wednesday, in a deepening partisan fight over a congressional investigation of the Republican president. Biden, who is at the center of a controversy over Trump’s dealings with Ukraine that led congressional Democrats to open an impeachment inquiry, had so far refrained from making an outright plea for impeachment. Trump continued to paint the probe as a partisan smear, and accused the U.S. intelligence officer who filed the whistleblower complaint that sparked the furor of having political motives. During a campaign…

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U.S.-China made no progress in deputy-level trade talks: South China Morning Post

(Reuters) - The United States and China made no progress in deputy-level trade talks held during Monday and Tuesday in Washington, the South China Morning Post (SCMP) reported, citing unnamed sources with knowledge of the meetings. The first minister-level meetings between the two countries in more than two months is set to begin on Thursday. The Chinese delegation, headed by Vice Premier Liu He, is planning to leave Washington on Thursday after just one day of minister-level meetings, the report said. Beijing’s negotiating team had previously planned to leave Washington late on Friday, the report added. China refused to talk about forced technology transfer and also skirted…

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China lowers expectations for U.S. trade talks after blacklist: officials

BEIJING/WASHINGTON (Reuters) - Surprised and upset by the U.S. blacklisting of Chinese companies, China has lowered expectations for significant progress from this week’s trade talks with the United States, Chinese government officials told Reuters, even as President Donald Trump on Wednesday expressed fresh optimism. While Beijing theoretically wants to end the trade war, Chinese Communist Party officials are not optimistic about the size or scope of any agreement with Washington in the short-term, the Chinese officials said. Top U.S. and Chinese trade and economic officials will meet in Washington on Thursday and Friday to try to end a 15-month-old trade war that is slowing the global economy…

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Gunman kills two in livestreamed attack at German synagogue

BERLIN/HALLE, Germany (Reuters) - A gunman who denounced Jews opened fire outside a German synagogue on Yom Kippur, the holiest day of the Jewish year, and killed two people as he livestreamed his attack. Several German media outlets said the perpetrator acted alone on Wednesday in the eastern German city of Halle. He fatally shot a woman outside the synagogue and a man inside a nearby kebab shop. Two other people were seriously injured, but regional broadcaster MDR said their condition was not critical. Police said they had detained one person, reported by German magazines Spiegel and Focus Online to be a 27-year-old German named Stephan B.…

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Saturn is the solar system’s ‘moon king,’ with 20 more spotted

WASHINGTON (Reuters) - Saturn is now being recognized as the “moon king” of our solar system, with astronomers spotting 20 more of them orbiting the giant ringed planet, bringing its total count to 82 - three more than Jupiter. FILE PHOTO: One of the last looks at Saturn and its main rings as captured by the spacecraft Cassini in images taken October 28, 2016 and released September 11, 2017. NASA/JPL-Caltech/Space Science Institute/Handout via REUTERS ATTENTION EDITORS - THIS IMAGE WAS PROVIDED BY A THIRD PARTY/File PhotoThe newly identified small moons, ranging from about 2 to 4 miles (3 to 6 km) in diameter, were detected using the…

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Tech Giants Shift Profits to Avoid Taxes. There’s a Plan to Stop Them.

Digital tax dodgers, take heed: International leaders have advanced a plan to prevent large multinational companies like Apple, Facebook and Amazon from avoiding taxes by shifting profits between countries.It’s an effort to de-escalate a global battle over how to tax the digital economy.The framework proposal, released Wednesday by the Organization for Economic Cooperation and Development, would allow countries to tax large multinationals even if they did not operate inside their borders. If international negotiators can now reach agreement on its key details, the plan will pave the way for new taxes not just on tech companies but on automakers and any other large multinational firms that operate…

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Civilians flee Syrian border towns as Turkish warplanes, artillery kick off offensive

AKCAKALE, Turkey (Reuters) - Turkey launched a military operation against Kurdish fighters in northeast Syria on Wednesday just days after U.S. troops pulled back from the area, with warplanes and artillery striking militia positions in several towns in the border region. Turkish President Tayyip Erdogan, announcing the start of the action, said the aim was to eliminate what he called a “terror corridor” on Turkey’s southern border, but European countries immediately called on Ankara to halt the operation. Thousands of people fled the Syrian town of Ras al Ain toward Hasaka province, held by the Kurdish-led Syrian Democratic Forces. The Turkish air strikes had killed two civilians…

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EU tells Britain: Make more concessions if you want a Brexit deal

BRUSSELS/LONDON (Reuters) - The European Union told British Prime Minister Boris Johnson he must make significant concessions if he wants to strike a last-minute Brexit deal. A British Union Jack flag is seen during a plenary session on preparations for the next EU leaders' summit, at the European Parliament in Brussels, Belgium October 9, 2019. REUTERS/Yves HermanAs the clock ticks down to the Oct. 31 departure date, Brexit descended into a public row between London and Brussels this week as both sides position for another delay followed by an election in Britain or an acrimonious divorce. After a Downing Street source said a Brexit deal was essentially…

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