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Trump administration to end fuel economy talks with California: official

February 20, 2019 - 11:54am
The Trump administration has decided to end negotiations with California over plans to roll back fuel economy rules, a government official confirmed on Wednesday.
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Global stocks up on Asia push, muted Wall St. eyes Fed minutes

February 20, 2019 - 11:53am
World stocks rose on Wednesday, hitting a four-month high on hopes for progress in trade talks between the United States and China, and a supportive backdrop from major central banks also helped push risk assets higher.
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Revised Brexit accord being hammered out now: Bloomberg cites Spanish foreign minister

February 20, 2019 - 11:51am
A revised Brexit accord is being hammered out at the moment, Bloomberg quoted Spain's foreign minister as saying.
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EU won't renegotiate Brexit but statement on backstop possible: Spain foreign ministry source

February 20, 2019 - 11:50am
The European Union will not agree to renegotiate the deal on Britain's exit from the bloc but there might be some margin for maneuver for a statement on the Irish backstop, a Spanish foreign ministry source told Reuters.
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Italy confirms daughter of missing North Korea diplomat returned home

February 20, 2019 - 11:43am
North Korea informed Italy last year that the daughter of its acting ambassador had asked to return home after her father left his post in Rome, the Italian foreign ministry said on Wednesday.
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Wall St. edges higher ahead of Fed minutes

February 20, 2019 - 11:43am
U.S. stocks rose sluggishly on Wednesday, as investors awaited the Federal Reserve's minutes from its latest meeting, while assessing the latest developments in the U.S.-China trade talks.
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Venezuela security forces kill, punish anti-Maduro protesters: Amnesty

February 20, 2019 - 11:13am
Venezuelan security forces have executed several people and arbitrarily detained hundreds of others in a campaign to punish people who protested against President Nicolas Maduro, human rights group Amnesty International said on Wednesday.
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Britain managing Huawei risks, has no evidence of spying: official

February 20, 2019 - 11:11am
Britain is able to manage the security risks of using Huawei telecoms equipment and has not seen any evidence of malicious activity by the company, a senior official said on Wednesday, pushing back against U.S. allegations of Chinese state spying.
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UK's May back in Brussels, hit by defections over Brexit

February 20, 2019 - 11:10am
British Prime Minister Theresa May headed to Brussels on Wednesday to seek more concessions from a skeptical European Union but the surprise defection of three pro-EU lawmakers from her Conservative Party undermined her Brexit strategy.
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Defining 'temporary' nature of backstop key to Brexit deal: UK's Hunt

February 20, 2019 - 11:08am
The key to securing a Brexit deal the British government can get through parliament is to define more precisely the "temporary" nature of the Irish backstop, British Foreign Secretary Foreign Secretary Jeremy Hunt said on Wednesday.
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UBS to appeal after fined 4.5 billion euros in French tax fraud case

February 20, 2019 - 11:00am
A French court found Swiss bank UBS AG guilty of illegally soliciting clients and laundering the proceeds of tax evasion, ordering it to pay 4.5 billion euros ($5.1 billion) in penalties.
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Schools shut, flights canceled as storm sweeps U.S. Midwest, East Coast

February 20, 2019 - 11:00am
A winter storm swept across much of the U.S. Midwest and East Coast on Wednesday, hampering air travel and prompting officials to close federal offices in Washington and several large public school systems.
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Venezuela reopens maritime border with Dutch Antilles: military

February 20, 2019 - 10:57am
Venezuelan authorities have reopened the country's maritime border with the Dutch Antilles islands after closing it on Tuesday, a regional military commander told Reuters.
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U.S. trade representative to testify on China next week

February 20, 2019 - 10:40am
U.S. Trade Representative Robert Lighthizer will testify next week at a U.S. House of Representatives hearing on U.S.-China trade issues, a spokesman for the House Ways and Means Committee said on Wednesday.
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U.S. high court buttresses constitutional ban on 'excessive fines'

February 20, 2019 - 10:40am
In a decision that may curb the rise of financial penalties and property seizures in the U.S. criminal justice system, the Supreme Court on Wednesday for the first time ruled that the U.S. Constitution's ban on "excess fines" applies to states as well as the federal government.
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Wall St. muted with focus on trade talks, Fed minutes

February 20, 2019 - 10:37am
U.S. stocks were little changed on Wednesday as investors weighed the latest developments in trade talks between the United States and China, while waiting for minutes from the Federal Reserve's January policy-setting meeting.
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Southwest probes cancellations, says shutdown cost $60 million

February 20, 2019 - 10:21am
Southwest Airlines Co added a $60 million hit from the recent U.S. government shutdown to its list of headaches on Wednesday as it investigated whether a conflict with its mechanics union was adding to a rise in flight cancellations.
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Guaido says he's trying to freeze Venezuelan accounts in Switzerland

February 20, 2019 - 10:10am
Venezuelan opposition leader Juan Guaido said he spoke to the president of Switzerland on Wednesday to try to freeze banks accounts belonging to the tumultuous South American nation after "irregular movements" were discovered.
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EU countries back copyright reforms aimed at Google, Facebook

February 20, 2019 - 10:06am
European Union countries on Wednesday endorsed an overhaul of the bloc's copyright rules which would force Google and Facebook Inc to pay publishers for news snippets and filter out copyright-protected content on YouTube or Instagram.
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EU governments endorse copyright reform - statement

February 20, 2019 - 10:06am
Representatives of European Union governments endorsed on Wednesday a deal reached with the EU Parliament on the overhaul of the bloc's copyright rules, the Romanian presidency of the EU said in a statement on Twitter.
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