Monthly Archive: May 2018

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Trump Indonesia project gets Chinese government partner

NEW YORK — A Chinese government-owned company has signed on to build a theme park in a vast development in Indonesia that also features a Trump hotel and condos, a deal that stands to benefit President Donald Trump’s company just as top Chinese envoys head to Washington for trade talks. In a move that has […]

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China, Airbus investigating blown-out windshield on plane

HONG KONG — Chinese authorities and Airbus are investigating why a plane’s cockpit windshield detached during a flight, forcing an emergency landing, in an unusual mishap in one of the world’s fastest growing aviation markets. Sichuan Airlines flight 8633 was en route from Chongqing, China, to Lhasa, Tibet, on Monday morning when the cockpit window […]

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Walmart unveils Lord & Taylor site as it tries to go upscale

NEW YORK — Walmart, long known for its “everyday low prices” mantra and as a place for basics, wants shoppers to think of it as a source for style and upscale fashion as it tries to reach more affluent customers. The company is launching the Lord & Taylor store on its website in the coming […]

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Amazon to give Prime members extra discounts at Whole Foods

NEW YORK — It’s Prime time at Whole Foods: Amazon is rolling out discounts for Prime members at the organic grocer. The benefits start Wednesday at stores in Florida and will expand nationwide this summer. Prime members will get an additional 10 per cent off sale items and exclusive deals on certain groceries. This week […]

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Morneau summons media to update talks with Kinder Morgan over disputed pipeline

OTTAWA — Finance Minister Bill Morneau will provide an update Wednesday on the status of his talks with Kinder Morgan to expedite the Trans Mountain pipeline expansion — but he is not expected to announce a deal. Rather, Morneau is expected to articulate the broad strokes of how Ottawa sees a deal coming together — […]

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Greenpeace: Paper giant cut forests during conservation pact

BANGKOK — Greenpeace has ended a five-year truce with one of the world’s largest paper companies, accusing it of cutting down tropical forests in Indonesia during the entire time the two were co-operating on conservation. The announcement Wednesday, triggered by an Associated Press investigation, abruptly ends a landmark 2013 agreement in which the environmental group […]

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Japan’s economy shrinks in January-March quarter

TOKYO — Japan’s economy shrank at an annualized rate of 0.6 per cent in the quarter through March, as private investment and public spending declined, according to Cabinet Office data released Wednesday. Japan’s gross domestic product — the value of a nation’s goods and services — dipped on-quarter 0.2 per cent. The annualized rate, which […]

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Storms cause havoc during commute, stranding train riders

NEW YORK — A line of strong storms has pushed across New York City and badly disrupted the evening commute, stranding thousands of train riders. The Metro-North Railroad says its Hudson, New Haven and Harlem lines were suspended Tuesday evening because of downed trees on the tracks but have resumed normal service. The commuter railroad […]