Fed conflicted by weak U.S. inflation, global economic rebound

Caught between a lull in U.S. inflation and a stronger global economy, the Federal Reserve is expected on Wednesday to signal whether it will raise interest rates for a third time this year or back off until prices rise more briskly. The U.S. central bank's description of inflation in its policy statement as well as fresh economic forecasts from individual policymakers will be the main focus for financial markets amid a recent spate of lukewarm domestic data.

S.Korea says Trump’s warning to N.Korea ‘firm and specific’

U.S. President Donald Trump's speech to the United Nations, where he warned he would "totally destroy" North Korea if threatened, reinforced the need for Pyongyang to realise it must give up ...

Raqqa campaign in final stages, SDF says

The U.S.-backed Syrian Democratic Forces (SDF) said on Wednesday its campaign to capture Raqqa from Islamic State (IS) was in its final stages and its fighters had seized 80 percent of the city. In its fight against a separate operation waged by the Syrian army and its allies, Islamic State has collapsed along the west bank of the Euphrates downstream of Raqqa, the Syrian Observatory for Human Rights said on Wednesday.

Toshiba to sell chip unit to Bain Capital-led group for $18 billion

Japan's Toshiba Corp agreed on Wednesday to sell its prized semiconductor business to a group led by U.S. private equity firm Bain Capital LP, a key step in keeping the struggling Japanese conglomerate listed on the Tokyo exchange. In a last-minute twist to a long and highly contentious auction, Toshiba said in a late-night announcement through the exchange it agreed to sign a contract for the deal worth about 2 trillion yen ($18 billion). Late on Tuesday, sources had said Toshiba was leaning towards selling the business to its U.S. joint venture partner Western Digital Corp (WDC.O).

Baron introduces Weather API for fleets

Baron has introduced its Baron Weather API for Fleet, a range of weather data that can be integrated into network fleet platforms. According to the company, the Baron Weather API was developed for fleet management tracking platforms, transportation management systems for pre-planning, and mobile driver applications.

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BlackBerry, Fleet Complete partner for tracking deal

BlackBerry and Fleet Complete announced today that they have entered into a reselling partnership that will expand Fleet Complete's current fleet tracking and monitoring solution.

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ATA Truck Tonnage up 7.1% in August

American Trucking Assns.' advanced seasonally adjusted (SA) For-Hire Truck Tonnage Index increased 7.1% in August, following a 0.5% gain during July. In August, the index equaled 149 (2000=100), up from 139.1 in July.

Compared with August 2016, the SA index increased 8.2%. In July, the index rose 2.7% on a year-over-year basis. Year-to-date, compared with the same eight months in 2016, the index is up 2.1%.

As part of this report, ATA also revised its July increase in the index upward to a 0.5% gain from the previously reported 0.1% increase.

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