Economy

Tata plans UK’s first industrial-scale carbon capture plant

The UK has recently laid out ambitious plans to be carbon neutral by 2050 which place it among the world leaders. When fully operational in 2021 it will be the largest carbon capture plant in the Un...

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San Francisco becomes 1st major USA city to ban e-cigarettes

San Francisco becomes 1st major USA city to ban e-cigarettes

What's more interesting, however, is San Fran's ban on e-cigarettes is backdropped by the biggest e-cigarette producer in the country, Juul Labs, having its headquarters in San Francisco. "If the fede...

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Teachers get 15% off school supplies at Target next month

Teachers get 15% off school supplies at Target next month

Other documents that can be submitted include a school ID card, letter of employment on school letterhead, current pay stub and official documents. "If you are successfully verified, you will receiv...

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Amazon Counter enables quick and easy pickup of packages from retail locations

Amazon Counter enables quick and easy pickup of packages from retail locations

Counter lets customers pick up packages from their local Rite-Aid. Amazon is also looking to get other retailers, including small businesses, to join the program as it expands. "I'd be nervous abou...

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Mark Zuckerberg talks privacy and regulation

Mark Zuckerberg talks privacy and regulation

He said Facebook's new policy states that "anyone who wants to run political ads or issue ads or a page that gets a lot of distribution needs to verify their identity with us with a valid government...

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Huawei employees worked with China military on research projects

Those fears led the USA government to bar federal agencies from purchasing Huawei equipment via the National Defense Authorization Act (NDAA) for 2019. Other studies included a 2006 paper on America...

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Alabama Car Dealership Offers Shotgun, Bible and Flag With Every Purchase

The God, Guns and Freedom campaign runs through the month of July. The video advertising the offer appeared on Chatom Ford's Facebook page June 19. The post shows a dealership employee stand...

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Cars Stuck on Muddy Road Thanks to Disastrous Google Maps Detour

Cars Stuck on Muddy Road Thanks to Disastrous Google Maps Detour

In addition, it will also share the live status of their trips with friends/family so they can track their journey. The " share live trip' option lets you share your location on most social apps like...

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Apple's Chief Designer Jony Ive Leaving the Company

Apple's Chief Designer Jony Ive Leaving the Company

Ive will, however, continue working with Apple from the outside - his new venture, called LoveFrom, will count the iPhone maker as a client. "While I will not be an [Apple] employee, I will still be...

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Apple plans to add 2,000 jobs in Seattle

Apple plans to add 2,000 jobs in Seattle

Apple will be leasing out two 12-story buildings at 222 Dexter Ave. that includes 19,000 square feet of outdoor space. The VP of global real estate and development for Apple Kristina Raspe says Engi...

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Xi trade meeting set for Saturday morning in Osaka: White House

Xi trade meeting set for Saturday morning in Osaka: White House

China has criticized the US decision to end the sanction waivers and some Chinese refiners may continue to buy Iranian oil amid the US-China trade war and Beijing could simply brush off the US sanctio...

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US Imposes New Restrictions On Chinese Supercomputer Companies

US Imposes New Restrictions On Chinese Supercomputer Companies

The US Commerce Department said on Friday it was adding several Chinese companies and a government-owned institute involved in supercomputing with military applications to its national security "ent...

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Suning buys controlling stake in Carrefour China

Suning buys controlling stake in Carrefour China

Most importantly, it will strengthen the position of Suning .com in the FMCG market and boost the company's retail business expansion in all merchandise categories. Hypermarkets-retailers such as Ca...

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BlackBerry expands partnership with LG Electronics as it reports Q1 results

BlackBerry expands partnership with LG Electronics as it reports Q1 results

BlackBerry , which reports in USA dollars, says its loss for the three months ended May 31 amounted to nine cents per diluted share, compared with a year-earlier loss of US$60 million or 11 cents per ...

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Former auto tycoon: France's Macron says climate 'red line' at G20

Former auto tycoon: France's Macron says climate 'red line' at G20

His comments appeared to leave open the possibility both of a deeper integration of the 20-year-old Renault-Nissan alliance, which has been shaken by the scandal over its former chief Carlos Ghosn , ...

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Amazon's Prime Day will span 48 hours this year

Amazon's Prime Day will span 48 hours this year

Start with the Amazon Prime 30-Day Trial and gain access to all the Prime Day deals. Started a decade ago, Singles Day is the biggest one-day shopping holiday in the world, scoring $30.8 billion in ...

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Bangkok climbs rankings in most expensive cities survey

Bangkok climbs rankings in most expensive cities survey

The results reflect the continued success of the UAE's drive to diversify and mature its economy, notably due to a boost in non-oil revenues in line with Vision 2021. NY was in ninth place, with Mosco...

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Microsoft, Nintendo, and Sony jointly oppose Trump’s tariffs

Microsoft, Nintendo, and Sony jointly oppose Trump’s tariffs

You can read the letter in full here. Gaming is already an expensive hobby, but there's a good chance it could get more pricey thanks to the Trump administration's trade disputes with China and pr...

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ETH/USD breaks away from Bitcoin pushing new 2019 highs

ETH/USD breaks away from Bitcoin pushing new 2019 highs

To put things into perspective: The price of Bitcoin has quadrupled in just six months after hitting a yearly low of about $3,200 in December 2018. Since then the total crypto market cap has lost $3...

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Micron restarts chip shipments to Huawei

Micron restarts chip shipments to Huawei

Micron Chief Executive Sanjay Mehrotra said the Idaho-based maker of chips for smartphones and other devices resumed shipping some chips in the past two weeks after it reviewed the USA ban on sellin...

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Fed Chairman Jerome Powell stresses appropriate measures to sustain expansion

Fed Chairman Jerome Powell stresses appropriate measures to sustain expansion

He added that the Fed's policy of raising interest rates and cutting back on its bond-buying quantitative easing had gone too far and was "insane". "I mean, you explain that one". "It is very, very im...

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Meet BMW's vision for the electric future of performance cars

Meet BMW's vision for the electric future of performance cars

Before we go completely astray here, the idea with this new BMW Vision M Next concept is to preview a production vehicle of "the next decade", according to the Germans. An autonomous auto that'll ge...

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Kushner says economic plan is necessary pre-condition to peace

Kushner says economic plan is necessary pre-condition to peace

The conference aims to address the $50 billion Middle East economic plan, which hopes to set up a global investment fund to "lift the Palestinian and Arab state economies" and construct a $5 billion t...

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NZ plans to introduces deposit protection regime, ramp up bank oversight

NZ plans to introduces deposit protection regime, ramp up bank oversight

ANZ New Zealand has announced that it will work with the Reserve Bank of New Zealand (RBNZ) on an independent review of its capital models and attestation process, following the revocation of its ap...

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Fed's Powell reiterates case for interest rate cuts amid increased economic risks

Fed's Powell reiterates case for interest rate cuts amid increased economic risks

Eastern at the Council on Foreign Relations in NY. FILE PHOTO: Federal Reserve Chairman Jerome Powell holds a news conference following a two-day Federal Open Market Committee meeting in Washing...

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Bombardier sells regional jet program to Mitsubishi

Bombardier sells regional jet program to Mitsubishi

Celebrated as the planes that launched Canada into commercial aircraft manufacturing in the 1990s, the CRJ program has been largely neglected in recent years as Bombardier concentrated its resources o...

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AbbVie buying Botox maker Allergan in $63 billion deal

AbbVie buying Botox maker Allergan in $63 billion deal

The reaction from investors was mixed. AbbVie shares were down 14% at $67.54, while Allergan's stock was up 27.60% at $165.13 in morning trading. AbbVie CEO Richard Gonzalez said the company wa...

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Gold hits six-year peak on softer dollar, US-Iran friction

Gold hits six-year peak on softer dollar, US-Iran friction

Spot gold was up 0.4% at $1,403.88 per ounce as of 0701 GMT, heading for a fifth straight session of gains. With the on-going Dollars weakness and pessimistic trade/political plays providing backg...

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It's official! Amazon Prime Day dates confirmed

It's official! Amazon Prime Day dates confirmed

Amazon has said that Prime Day 2019 will offer millions of deals during the 48-hour event, and realistically that's going to be hard to keep up with. It will also be the "biggest Prime Day deals ever ...

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New bill could force Facebook, Google to disclose value of users' data

New bill could force Facebook, Google to disclose value of users' data

The senators' legislation arises as Sen. "For years, social media companies have told consumers that their products are free to the user". What we do know is that firms like Google and Facebook...

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Apple: Spotify pays 'app tax' on less than 1% of paid subscribers

Apple: Spotify pays 'app tax' on less than 1% of paid subscribers

Apple's response was meant to underline how little Spotify pays in fees and emphasize that Spotify continues to grow under the current App Store policies. That's why it's paying a 15% fee to Apple - t...

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Trump slams the Fed for leaving interest rates unchanged: 'Blew it!'

Trump slams the Fed for leaving interest rates unchanged: 'Blew it!'

US central bank officials on the Federal Open Market Committee (FOMC) voted 9-1 to keep the benchmark federal funds rate steady at 2.25 percent to 2.5 percent, where it's been since a rate hike in D...

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Canopy Growth Posts Fiscal Fourth Quarter Loss Of $0.98 Per Share

Canopy Growth Posts Fiscal Fourth Quarter Loss Of $0.98 Per Share

Canopy Growth CEO Bruce Linton says in a statement that the transaction's completion "is meant to position us to efficiently and effectively enter the USA cannabis market once federally permissible". ...

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FedEx blocks delivery of Huawei P30 Pro to the United States

FedEx blocks delivery of Huawei P30 Pro to the United States

The United States and China have been engaged in a trade fight for almost a year on issues such as tariffs, subsidies, technology, regulations and cybersecurity, among others. Cryptically, though, the...

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Ultra-rich seeking wealth tax to remedy inequality

Ultra-rich seeking wealth tax to remedy inequality

Such a tax could "help address the climate crisis, improve the economy, improve health outcomes, fairly create opportunity, and strengthen our democratic freedoms", the letter said. European countri...

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