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Exclusive: U.S. asks for WTO panel over metals tariff retaliation
The United States is requesting that a World Trade Organization dispute resolution panel get involved in a clash over international retaliation over U.S. tariffs on steel and aluminum, according to a U.S. official familiar with the matter.

Trump threatens to send military, shut border as migrants head for Mexico
President Donald Trump threatened on Thursday to deploy the military and close the southern U.S. border if Mexico does not halt a caravan of Central America migrants heading north, raising the risk of huge disruptions to trade.

China asks WTO to set up panel to discuss U.S. steel, aluminum measures
China has filed a request with the World Trade Organisation to establish an expert group to determine the legality of tariffs imposed by the United States on imports of steel and aluminum, the Ministry of Commerce said late on Thursday.

Tesla launches new $45,000 Model 3
Tesla Inc on Thursday introduced a new $45,000 version of its Model 3 sedan on its website, launching the car as U.S. tax breaks for Tesla cars are about to decrease.

Asia shares extend slump as global sentiment sours
Stocks in Asia fell on Friday as global sentiment soured on issues ranging from trade worries, Italy's 2019 budget, higher U.S. interest rates and growth concerns in China that led to a slump in Chinese shares in the previous session.

Lawmakers to quiz Trump-Russia probe overseer Rosenstein
Republican lawmakers will next week question Rod Rosenstein, the U.S. Justice Department official who oversees a special counsel's investigation of Russian interference in the 2016 election and links between President Donald Trump's campaign and Moscow, committee chairmen said on Thursday.

Trump says Saudi journalist likely dead; Turkey searches for remains
President Donald Trump said on Thursday he presumes missing Saudi journalist Jamal Khashoggi is dead and that the U.S. response to Saudi Arabia will likely be "very severe" but that he still wanted to get to the bottom of what exactly happened.

Wall St. slides as Saudi Arabia, Italy add to economic concerns
U.S. stocks fell more than 1 percent on Thursday as the European Commission issued a warning regarding Italy's budget and concerns mounted over the possibility of strained relations between the United States and Saudi Arabia, further denting investors' appetite for risk amid global trade tensions and rising interest rates.

Justice Department probes Catholic Church sex abuse in Pennsylvania
The U.S. Justice Department has opened an investigation into child sex abuse by priests in Pennsylvania, six Roman Catholic Church dioceses said on Thursday.

U.S. sports leagues could reap $4.2 billion a year from legal betting: survey
The four major U.S. professional sports leagues could reap a combined $4.2 billion annually as a result of legal sports betting, most of it indirectly from increased fan engagement, according to a casino industry survey released on Thursday.

 

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