• Trump, Cohen spoke Friday as feds look into seized recordings, sources say
Trump, Cohen spoke Friday as feds look into seized recordings, sources say

Trump, Mr. Cohen and their teams were still scrambling on Friday to assess the damage from the raid early Monday morning", The Times . The revelation comes amid a courtroom drama that unfolded Friday, as Cohen's attorneys and Trump's attorneys began a fight hours before with the US Attorney's Office in Manhattan over a massive raid of Cohen's re...

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  • Volkswagen considering board changes, may name new CEO
Volkswagen considering board changes, may name new CEO

Continuing, Reuters reports: "But the persistent tug of war between its controlling families, unions and other stakeholders have made it hard to drive through structural changes that investors have said are key to the company fulfilling its potential".

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  • Getaround to Power Carsharing in the Uber App
Getaround to Power Carsharing in the Uber App

Today, Uber CEO Dara Khosrowshahi announced that the company would soon allow customers to buy public transit tickets and rent a vehicle in Uber's app, via a series of partnerships. Future plans include expanding to Sacramento, California and Providence, Rhode Island before the end of the year. Getaround's vehicle offerings will appear in a...

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  • Four reasons Chinese officials aren't buying Trump's trade threats
Four reasons Chinese officials aren't buying Trump's trade threats

Chinese President Xi Jinping reiterated pledges to open sectors from banking to auto manufacturing, in a speech that also warned against returning to a "Cold War mentality" amid trade disputes with US counterpart Donald Trump . Xi's choice of vehicles as a specific product class was telling as a message to Trump; the USA president used precis...

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  • Timeline of a month of escalating US-China trade tensions
Timeline of a month of escalating US-China trade tensions

Tech stocks have added to the recent volatility, mostly due to controversies surrounding technology companies like Facebook. In an email on Wednesday, Paul Burke, North Asia Regional Director of the U.S. Also at risk are foreign firms that produce in the U.S. Germany-based BMW sends 89,000 vehicles annually from the U.S.to China , the Associated...

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  • Sir Martin Sorrell investigated by WPP over personal misconduct allegation
Sir Martin Sorrell investigated by WPP over personal misconduct allegation

The 73-year-old Sorrell has led WPP since he used shopping carts maker Wire & Plastics as the corporate foundation for building the world's No. 1 communications company. The trouble at the top has once again put a spotlight on the issue of succession at WPP amid accusations of a "Sorrellcentricity" - the view that Sorrell runs the giant busines...

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  • Spotify's NYSE Debut Is Unique, Does Not Signal Broader Shift
Spotify's NYSE Debut Is Unique, Does Not Signal Broader Shift

But that could be bad news for those who invest once the company goes public. Facebook Inc ( FB.O ) and Alibaba Group Holding Ltd ( BABA.N ) remain the largest tech stock listings in recent years. The NYSE had set a reference price of $132 for the stock, though the actual price will be determined by shareholders. Estimates for the price of the shar...

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  • Shots fired at YouTube offices in California, casualties reported
Shots fired at YouTube offices in California, casualties reported

Vadim Lavrusik said he barricaded himself and others inside a room before they were able to escape safely. Several minutes later, they found the female shooter. "It was very chaotic as you can imagine", San Bruno Police Department Chief Ed Barberini told reporters during a press conference at the scene. A spokesperson Zuckerberg San Francisco Gen...

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  • Trump may hate Amazon, but there's little he could do to it
Trump may hate Amazon, but there's little he could do to it

Supreme Court, is siding with South Dakota's attempt to overturn the high court's 1992 decision barring states from taxing out-of-state sellers who lack an in-state physical presence. And while the Postal Service has lost money for years, online shopping has led to growth in its package-delivery business. "I don't think it can be stopped but I don'...

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  • Australian government says not planning to boycott World Cup
Australian government says not planning to boycott World Cup

At least six countries are planning a "state boycott" of Russia's upcoming 2018 World Cup after a botched nerve agent attack on British soil; announcing all government officials will stay home while their nation's athletes compete in the global soccer competition.

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  • United States to Add Citizenship Question to 2020 Census
United States to Add Citizenship Question to 2020 Census

California's attorney general has said he will try to block the move. Speaking at the White House press briefing on Tuesday, spokeswoman Sarah Huckabee Sanders argued that the question was backed by tradition. Asking census respondents if they are citizens would help the government gather now unavailable data on the population of people who a...

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  • China eyes new oil benchmark with futures launch
China eyes new oil benchmark with futures launch

Futures contracts allow investors to hedge exposure to physical prices, and offering them in yuan could allow energy-hungry China - which previous year surpassed the United States as the world's largest crude importer - to exercise more control over prices of the type of oil it consumes most.

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  • Can Jaguar and Waymo's I-Pace idea make driverless cars cool?
Can Jaguar and Waymo's I-Pace idea make driverless cars cool?

Once the service is fully up and running, Waymo says it could provide up to 1 million rides each day across the country. Together they are positioning the hot new I-Pace electric vehicle firmly at the pointy end of the next frontier in mobility.

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  • JD Sports lines up £400m United States deal
JD Sports lines up £400m United States deal

The company's institutional ownership is monitored at 93.1 percent. Prior to today's jump, Finish Line stock had desperately needed a shot in the arm, falling 27% in 2018. If you are viewing this story on another site, it was illegally copied and reposted in violation of US and worldwide copyright laws. The original version of this piece can be r...

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  • Dollar slips below ¥105 on fears of US-China trade war
Dollar slips below ¥105 on fears of US-China trade war

Despite the bluster from both the USA and China, Tsemin does not believe a trade war is inevitable. The U.S. President Donald Trump signed a memorandum on Thursday that would impose tariffs of up to $60 billion on Chinese Imports. Analysts say this could boost shares across the board. Investors are increasingly anxious that President Trump'...

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  • Nearly 100 jobs to go in Toys R Us distribution hub closure
Nearly 100 jobs to go in Toys R Us distribution hub closure

Toys R Us hopes to start liquidations sales at most of its USA stores on Thursday and complete those sales by the end of June. It soon ballooned into one of the country's biggest toy retailers. With majority of their 3000+ stores located in malls, the teen jewelry company has been suffering from a decline in traffic in shopping malls. Its downfall...

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  • Amazon eyes soon-to-be-vacant Toys R Us stores
Amazon eyes soon-to-be-vacant Toys R Us stores

And now that Toys "R" Us plans to close all its USA locations, KB Toys says it will resurrect sooner than planned. The chain accounted for 9 percent of Hasbro's global net sales previous year, far less than the Rhode Island company sells through Walmart.

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  • Alibaba invests extra US$2bn in Lazada Group
Alibaba invests extra US$2bn in Lazada Group

Alibaba's stake will increase to an undisclosed size following the latest investment, a spokeswoman told Reuters . With today's news, Alibaba has invested $4 billion to date which it said will "accelerate the growth plans" and help further tie the Lazada business into Alibaba's core e-commerce service.

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  • Indian Diplomat Harassed by Bike-borne Men in Islamabad
Indian Diplomat Harassed by Bike-borne Men in Islamabad

Pakistan claims that several children of its diplomats had been "intimidated and threatened on their way home from their school" in Delhi, while India says its diplomats in Islamabad are being harassed as well. A day after India issued its 12th note verbale to Pakistan protesting the "intimidation" of its staff there, it gave another such dipl...

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  • Microplastics contaminate 90% bottled water globally, says report
Microplastics contaminate 90% bottled water globally, says report

The American study , conducted in Berkeley, California, found widespread microplastic contamination across 18 of 19 tested bottled water brands, with an average of eight particles per litre of water. The densities of microplastic contamination were quite variable ranging from the 17 bottles with no contamination to one bottle that showed an ex...

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