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Global Markets: Trump goes after Amazon for postal fees

By Commodity News Service Canada
WINNIPEG, Dec. 29, 2017 (CNS) – The following is a glance at the
news moving markets in Canada and globally.
Apple has apologized for slowing down older iPhone models.
In a posting on its website Thursday, Apple apologized over its
handling of the battery issue and said it would make a number of
changes for customers “to recognize their loyalty and to regain
the trust of anyone who may have doubted Apple’s intentions.”
Apple is facing several lawsuits and customer outage over the

issue.
American President Donald Trump has taken aim at online
retailer Amazon on his private twitter account Friday, calling
for the United States Postal Service to raise prices of Amazon
parcels in order to recoup costs. The U.S. Postal Service is an
independent agency within the federal government and does not
receive tax dollars for operating expenses, according to its
website. Amazon was founded by Jeff Bezos, who also owns the
Washington Post, a newspaper Trump has repeatedly rallied
against.
China has denied reports it has illicitly been selling oil
products to North Korea after President Trump said he was not
happy China had allowed oil to reach the isolated nation. South
Korea’s Chosun Ilbo newspaper this week quoted a South Korean
government sources who said U.S. spy satellites had detected
Chinese ships transferring oil to North Korean vessels about 30
times since October.

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