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| | | Top Stories |
The United States said it was pulling troops from northeast Syria, in a major shift which clears the way for a Turkish military offensive against Kurdish-led forces and hands Turkey responsibility for thousands of Islamic State captives. A U.S. official said American troops had withdrawn from two observation posts on the border and had told the commander of the Kurdish-led Syrian Democratic Forces that the United States would not defend the SDF from an imminent Turkish offensive.
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Protest-scarred Hong Kong struggled to recover on Monday after scores of people were arrested in violent clashes overnight and as the last British governor of the Chinese-ruled city warned that people could be killed. “Before long, unless we are very, very lucky, people are going to get killed, people are going to be shot,” Chris Patten said. Meanwhile, the National Basketball Association came under fire for its response to a tweet by a Houston Rockets official in support of the Hong Kong protests.
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Canadian Prime Minister Justin Trudeau, trying to revive his electoral fortunes after the emergence of embarrassing photographs, used the first televised campaign debate on Wednesday to launch repeated attacks on his main rival. Polls suggest Trudeau’s left-leaning Liberals could lose power to the opposition Conservatives of Andrew Scheer on Oct. 21 amid voter unhappiness with images of Trudeau in blackface, as well as other scandals.
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| | Business |
Talks for a new four-year labor contract between General Motors and its striking workers took a “turn for the worse” on Sunday after the United Auto Workers rejected the largest U.S. automaker’s latest offer but the two sides were still talking. The GM strike began on Sept. 16 with its 48,000 UAW members seeking higher pay, greater job security, a bigger share of the automaker’s profit and protection of healthcare benefits
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Kansas City Federal Reserve Bank President Esther George on Sunday rejected the notion that the central bank should cut interest rates to try to boost low inflation, which she said is largely a result of global forces that U.S. monetary policy can do little to counter. In fact, she suggested, inflation could sink to well below the Fed’s 2% target and she might remain unfazed.
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German industrial orders fell more than expected in August on weaker domestic demand, data showed on Monday, adding to signs that a manufacturing slump is pushing Europe’s largest economy into recession.
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Oyo Hotels and Homes shot out of nowhere to become one of the world’s largest hotel chains with a simple promise of “hassle-free” online booking, transparent pricing and cheerful lodging. But as the Softbank-backed startup pushes toward profitability, an increasing number of Indian hotel operators who have partnered with it are complaining about being blindsided by fee increases.
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| | Top Stories on Reuters TV |
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