Category: News
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China hits back at U.S. with list of 25 percent tariffs on imports including agricultural products
Fears of an all-out trade war with the U.S. heightened after China announced it would impose 25 percent tariffs on over a hundred U.S. goods including aircraft, cars, and chemicals....
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Spotify to make its New York Stock Exchange debut
Spotify’s debut on Wall Street is expected to level the playing field for individual investors who are normally at a disadvantage in traditional listings. The Swedish music streaming company skipped...
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Multi-billion euro pile of unsold clothes at H&M
Swedish fashion clothes shop H&M is struggling with a multi-billion euro pile of unsold clothes. There are so many that a power plant in Vasteras, the town where H&M founded...
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Carmakers mull over diesel’s demise at Geneva auto show
The accelerating demise of diesel, long used by carmakers to boost fuel-efficiency, is undermining their plans to meet looming European Union CO2 goals, and avoid big annual fines. That is...
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IMF says UK could do better in annual report
The IMF’s latest annual review of the British economy is damning on three counts; the rest of the world is booming but UK PLC is nowhere near trading itself out...
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Samsung branches out into cryptocurrency mining
Tech giant Samsung is branching out into the field of cryptocurrency mining. On announcing its fourth quarter revenue, the South Korean company confirmed a long-suspected rumour that it is starting...
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European unemployment rate retains nine-year low
The unemployment rate in Europe has held steady at its lowest figure in nine years. According to the European statistics agency Eurostat, the number of those out of work remained...
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CES 2018 sees more robots in the home, in cars & in our leisure time
Las Vegas’s CES Consumer Electronics Show is the annual curtain-raiser for the industry’s gambles forthe year ahead, Samsung unveiled its Wall, a 146-inch monster television you might need a bigger...
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Facebook caves under pressure from governments to change tax structure
Social media giant Facebook has caved into pressure from governments and the general public and is to overhaul its tax structure. It currently re-routes revenue through its international headquarters in...
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EU court says taxi rules apply to Uber
It is a landmark court ruling that could have an impact on new online businesses across Europe. The European Union’s top court has ruled that Uber should be regulated like...