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Trump hopes U.S.-China trade deal will be signed by middle of November

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U.S. President Donald Trump on Friday said he thinks a trade deal between the United States and China will be signed by the time the Asia-Pacific Economic Cooperation meetings take place in Chile on Nov. 16 and 17.

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China says will work with the U.S. to address each other's core concerns

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Chinese Vice Premier Liu He said on Saturday that China will work with the United States to address each other's core concerns on the basis of equality and mutual respect, and that stopping the trade war would be good for both sides and the world.

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Exclusive: Huawei in early talks with U.S. firms to licence 5G platform - Huawei executive

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Blacklisted Chinese telecoms equipment giant Huawei is in early-stage talks with some U.S. telecoms companies about licensing its 5G network technology to them, a Huawei executive told Reuters on Friday.

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IMF sidesteps clash with U.S. over funding, delays shareholding changes to 2023

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The International Monetary Fund said on Friday its 189 member countries agreed to maintain the IMF's $1 trillion in total lending resources while delaying changes to its shareholding structure to as late as December 2023.

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Negative interest rates: Bankers at the IMF meeting weigh in

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One of the hot topics of discussion at the International Monetary Fund's annual meeting was negative interest rates, which have been utilized by central banks in the euro zone and Japan to boost growth.

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BOJ Kuroda: No talk at G20 of central banks issuing digital currencies

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Bank of Japan Governor Haruhiko Kuroda said on Friday there was no talk among Group of 20 finance leaders on the possibility of central banks issuing digital currencies, as part of efforts to enhance cross-border settlement services.

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Mnuchin backs proposal to double IMF's crisis fund

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U.S. Treasury Secretary Steven Mnuchin on Friday said he welcomes a proposal to double the size of the International Monetary Fund's $250 billion (193.2 billion pounds) crisis lending fund as part of a deal to maintain overall IMF resources.

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Boeing pilots' messages on 737 MAX safety raise new questions

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A Boeing Co senior pilot said he might have unintentionally misled regulators, in a series of internal messages from 2016 that became public Friday, plunging the world's largest airplane maker into a fresh crisis.

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Boeing 737 MAX test pilot grappled with simulator flaws, too

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In newly released text messages from 2016, a top Boeing 737 MAX test pilot tells a colleague that the jet's MCAS flight control system - the same one linked to two fatal crashes - was "running rampant in the (simulator) on me."

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FAA turns over emails from former Boeing 737 pilot

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The U.S. Federal Aviation Administration (FAA) on Friday turned over 10 pages of emails to Congress from a former chief technical pilot on the Boeing 737 MAX that disclosed new details of the company's efforts to win approval from regulators around the world and drew the ire of a top Democratic lawmaker.

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Oracle co-CEO Mark Hurd dies at 62

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Oracle Corp's 62-year-old co-chief Mark Hurd died on Friday morning, the company said, an unexpected development that raises pressure on co-CEO Safra Catz to lead the business software maker's ongoing transition to cloud computing.

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IMF says deepening negative interest rates an option for Bank of Japan

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Deepening negative interest rates remains an option if the Bank of Japan were to ramp up stimulus, though any such move must be accompanied by fiscal and structural steps to be effective, a senior International Monetary Fund official said on Friday.

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J&J recalls 33,000 bottles of baby powder as FDA finds asbestos in sample

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Johnson & Johnson said on Friday it is recalling around 33,000 bottles of baby powder in the United States after U.S. health regulators found trace amounts of asbestos in samples taken from a bottle purchased online.

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FDA alerts consumers of J&J baby powder recall, says it stands by tests

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The U.S. Food & Drug Administration said on Friday that it found that a sample from one lot of Johnson & Johnson's baby powder contained chrysotile fibres, a type of asbestos, confirming test results the company disclosed earlier on Friday.

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Exclusive: Electric Hummer could be part of GM's move into EV trucks, SUVs - sources

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General Motors Co plans to build a new family of premium electric pickup trucks and sport-utility vehicles at its Detroit-Hamtramck plant beginning in late 2021, possibly reviving the imposing Hummer brand on some of them, several people familiar with the plans said.

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Dollar weakens on Brexit, shares sapped by weaker China growth

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The dollar posted its worst week in almost four months on Friday, pummelled by sterling and euro rallies driven by a deal on Britain's departure from the European Union, while China's weakest growth in nearly three decades weighed on equities.

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Exclusive: SEC probes oilfield firm ProPetro over accounting, disclosures: sources

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Oilfield services supplier ProPetro Holding Corp is under investigation by the U.S. Securities and Exchange Commission over its financial disclosures, people familiar with the matter said this week.

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Oil falls as China economic concerns outweigh rising refinery runs

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Oil prices edged lower on Friday, as concerns about China's economy outweighed bullish signals from its refining sector, but losses were limited on hopes for progress toward a U.S.-China trade agreement.

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Senior U.S. lawmaker says Boeing must shake-up management after 737 MAX crashes

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The chairman of the U.S. House Transportation and Infrastructure Committee on Friday said Boeing Co must shake-up its management team and Congress must reform how new airplanes are certified following the disclosure of internal messages about the 737 MAX involved in two deadly crashes.

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General Motors strike to slash U.S. October payrolls - JPMorgan

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A month-long strike at General Motors could cut U.S. job growth by as much as 75,000 in October, JPMorgan economist Daniel Silver said on Friday, an unwelcome development amid financial market fears of a recession.

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