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‘India sent $755 mn more in exports to US due to trade war’

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United Nations, 6 Nov : India sent $755 million more in exports to the US during the first half of this year as a result of the trade war waged by President Donald Trump against China, according to the trade arm of the UN.

Trade diversion effects for India were smaller compared some other countries, “but still substantial”, a research paper from the UN Conference on Trade and Development (UNCTAD) said.

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After Nankana Sahib attack, Sikh youth murdered in Pakistan

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Peshawar, 5 Jan : Two days after the Nankana Sahib Gurudwara in Pakistan’s Punjab province was attacked by a Muslim mob, a member of the Sikh community, Parvinder Singh, was murdered in Peshawar by ‘unknown’ gunmen.

Sources based in Peshawar told Parvinder Singh was the younger brother of a local journalist Harmeet Singh. A businessman in Malaysia, Parvinder was in Peshawar to shop for his wedding in February, Harmeet told the media.

Anguished by the murder of his brother, Harmeet added that “without minorities, no country can flourish and progress. Pakistan is beautiful because of minorities but each year, we end up carrying the dead on our shoulders”.

Pakistan, he said, gets massive funds from several countries to protect minorities.

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PM Imran Khan inaugurates Kartarpur Corridor

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Kartarpur, 9 Nov : Pakistan Prime Minister Imran Khan on Saturday inaugurated the much-awaited Kartarpur Corridor in Punjab province, paving the way for thousands of Indian Sikh pilgrims to visit the highly revered Kartarpur Sahib Gurdwara.

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McDonald’s CEO fired over relationship with employee

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San Francisco, 4 Nov : Fast food giant McDonald’s has fired its CEO Steve Easterbrook after its board of directors found that he “demonstrated poor judgment” in a consensual relationship with an unidentified employee, the media has reported.

McDonald’s Corporation on Sunday announced that its Board of Directors has named Chris Kempczinski, most recently President, McDonald’s USA, as President and CEO, effective immediately. Kempczinski has also been elected to the McDonald’s Board of Directors.

“Kempczinski succeeds Steve Easterbrook, who has separated from the company following the board’s determination that he violated company policy and demonstrated poor judgment involving a recent consensual relationship with an employee,” the fast food giant said in a statement.

According to MarketWatch, Easterbrook sent an e-mail with a memo to employees acknowledging the relationship and said it was a mistake, Efe news agency reported. “Given the values of the company, I agree with the board that it is time for me to move on,” he said in the letter.

McDonald’s said it voted to approve Easterbrook’s departure last Friday after conducting a thorough analysis of the situation, and his compensation details will be known on Monday after the submission of documents to federal authorities.

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