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Month: January 2019

Hit by Sanctions, Asia’s Iran Crude Oil Imports Drop to 3-Year Low in 2018

01/31/2019 Ranbiz

Iranian crude oil imports by Asia’s top four buyers dropped to the lowest volume in three years in 2018 amid U.S. sanctions on Tehran, but China and India stepped up…

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Facebook Takes Down Vast Iran-Led Manipulation Campaign

01/31/2019 RanIT

Facebook said Thursday it took down hundreds of “inauthentic” accounts from Iran that were part of a vast manipulation campaign operating in more than 20 countries. The world’s biggest social…

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Ghirardelli, Russel Stover Fined over Chocolate Packaging

01/31/2019 Ranbiz

Ghirardelli and Russell Stover have agreed to pay $750,000 in fines after prosecutors in California said they offered a little chocolate in a lot of wrapping. Prosecutors in Sacramento, San…

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Apple Busts Facebook for Distributing Data-Sucking App

01/31/2019 RanIT

Apple says Facebook can no longer distribute an app that paid users, including teenagers, to extensively track their phone and web use. In doing so, Apple closed off Facebook’s efforts…

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Trump Order Asks Federal Fund Recipients to Buy US Goods

01/31/2019 Ranbiz

President Donald Trump will sign an executive order Thursday pushing those who receive federal funds to “buy American.” The aim is to boost U.S. manufacturing. Peter Navarro, director of the…

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Survey: 2018 ‘Worst Year Ever’ for Smartphone Market

01/31/2019 RanIT

Global smartphone sales saw their worst contraction ever in 2018, and the outlook for 2019 isn’t much better, new surveys show. Worldwide handset volumes declined 4.1 percent in 2018 to…

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Need for Speed: Carts on Rails Help Manila’s Commuters Dodge Gridlock

01/31/2019 Ranbiz

Thousands of commuters flock to Manila’s railway tracks every day, but rather than boarding the trains, they climb on to wooden carts pushed along the tracks, to avoid the Philippine…

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Lawmakers Attempt to Rein in President’s Tariff Power

01/31/2019 Ranbiz

U.S. lawmakers on Wednesday introduced legislation to limit the president’s power to levy import tariffs for national security reasons. The bills face an uncertain future but underscore bipartisan concerns on…

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Trump Organization to Use E-Verify for Worker Status Checks

01/31/2019 Ranbiz

The Trump Organization, responding to claims that some of its workers were in the U.S. illegally, said on Wednesday that it will use the E-Verify electronic system at all of…

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Brazil’s Fight Against Urban Slavery Getting Harder

01/31/2019 Ranbiz

A surge in cases of urban slavery in Brazil brings new challenges for prosecutors and labor inspectors, top government officials said on Wednesday. Last year 523 workers were found in…

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Three US States Win Settlement for Oil Spills

01/31/2019 Ranbiz

U.S.-based Sunoco Pipelines has agreed to pay hefty fines and make procedural changes after it was found in violation of state and federal environmental laws in connection to oil spills…

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Rising-Star Philippine Economy Slips, 2019 Seen as Pivotal

01/30/2019 Ranbiz

The Philippines ranked among Asia’s 10 fastest growing economies in 2017. Consumer power, remittances from overseas workers and an influx of call centers had given it that status, raising hopes…

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Brazil’s Vale Eyed Dam Design Changes in 2009

01/30/2019 Ranbiz

Brazilian miner Vale SA identified concerns around its tailings dams in 2009 and studied but did not implement several steps that could have prevented or lessened the damage from last…

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Apple Opens New Chapter Amid Weakening iPhone Demand

01/30/2019 RanIT

Apple hoped to offset slowing demand for iPhones by raising the prices of its most important product, but that strategy seems to have backfired after sales sagged during the holiday…

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A Virtual Human Teaches Negotiating Skills

01/30/2019 RanIT

Whether it’s haggling for a better price or negotiating for a higher salary, there is a skill to getting the most of what you want. Researchers at the University of…

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Some Journalists Wonder If Their Profession Is Tweet-Crazy

01/30/2019 RanIT

If Twitter is the town square for journalists, some are ready to step away. That’s happening this week at the online news site Insider — by order of the boss.…

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US Needs Assist from Allies to Curb China’s Theft of Advanced Technology

01/30/2019 RanIT

Senior U.S. officials and experts say the United States needs to rally allies to pressure China to prevent it from stealing advanced technology through cyber espionage. At the same time,…

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Apple to Fix FaceTime Bug that Allows Eavesdropping

01/29/2019 RanIT

Apple has made the group chat function in FaceTime unavailable after users said there was a bug that could allow callers to activate another user’s microphone remotely.   The bug…

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US Announces Sanctions on Venezuela’s State-Owned Oil Company

01/29/2019 Ranbiz

The U.S. has imposed sanctions on Venezuela’s state-owned oil company, PdVSA, in an increased effort to pressure Nicolás Maduro to relinquish power to Juan Guaidó, now recognized by the U.S.…

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Brazil Eyes Management Overhaul for Vale After Dam Disaster

01/29/2019 Ranbiz

Brazil eyes management overhaul for Vale after dam disaster Brazil’s government weighed pushing for a management overhaul at iron ore miner Vale SA on Monday as grief over the hundreds…

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Report: ‘Food Shocks’ Increasing in Frequency Over Last Five Decades

01/29/2019 Ranbiz

Food shocks, or sudden losses of crops, livestock or fish, due to the combination extreme weather conditions and geopolitical events like war, increased from 1961 to 2013, said researchers at…

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Caterpillar, Nvidia Warnings Send Wall Street Tumbling

01/29/2019 Ranbiz

U.S. stocks tumbled on Monday after warnings from Caterpillar and Nvidia added to concerns about a slowing Chinese economy and tariffs taking a bite out of U.S. corporate profits. Shares…

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Mexico Teachers Block Railway Lines; Food Shortages Feared

01/29/2019 Ranbiz

Mexico could soon face a shortage of staple foods such as corn flour and wheat flour as railways remain blocked after two weeks of teacher protests in the western state…

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US’ Mnuchin Expects Progress in ‘Complicated’ China Trade Talks

01/29/2019 Ranbiz

U.S. Treasury Secretary Steven Mnuchin said on Monday the United States expects significant progress this week in trade talks with Chinese Vice Premier Liu He, but the two sides will…

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Federal Prosecutors Charge China’s Huawei with Financial Fraud, Theft  

01/29/2019 Ranbiz

Federal prosecutors on Monday unsealed two separate indictments against China’s Huawei Technologies, it’s chief financial officer and several affiliates for financial fraud and theft of American intellectual property. In a…

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In New Lithium ‘Great Game,’ Germany Edges Out China in Bolivia

01/28/2019 Ranbiz

When Germany signed a deal last month to help Bolivia exploit its huge lithium reserves, it hailed the venture as a deepening of economic ties with the South American country.…

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