• United Kingdom clears 21st Century Fox to buy satellite pay-TV giant Sky
United Kingdom clears 21st Century Fox to buy satellite pay-TV giant Sky

Murdoch has agreed to sell Fox's entertainment assets including its stake in Sky to Disney , though Comcast is weighing another counteroffer for the Fox portfolio. On Monday Matt Hancock, who previously held the role, was made health secretary and replaced in the Department for Digital, Culture, Media and Sport (DCMS) by Jeremy Wright.

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  • 'Please stop' tweeting about oil, Iran tells Trump
'Please stop' tweeting about oil, Iran tells Trump

Tehran blames rising prices on USA sanctions imposed on Iran and Venezuela , founding members of the cartel. At their meeting in Vienna last month, OPEC countries and key ally Russian Federation said they will raise production by a million barrels per day, but analysts are concerned it may not be enough for oil prices to spiral out of cont...

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  • Micron Technology, Inc. (MU) Loses China Case, Memory Chip Sales Blocked
Micron Technology, Inc. (MU) Loses China Case, Memory Chip Sales Blocked

Micron claimed ignorance about the ruling, saying it had not seen any paperwork from the Chinese court. This time, though, it's in court for a different reason: It has accused USA rival Micron of infringing its patents on memory technology, and has been granted an early win in the form of a temporary injunction against the company.

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  • Iran vice president says private sector to buy, export oil
Iran vice president says private sector to buy, export oil

Oil prices fell on Monday , reversing course from last week as supplies from Saudi Arabia and Russian Federation rose while economic growth stumbled in Asia amid escalating trade disputes with the United States. Saudi Arabia's output is up by 700,000 barrels per day (bpd) from May, a Reuters survey showed, and close to its 10.72 million bpd record...

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  • LeBron James jersey sales booming after Lakers signing
LeBron James jersey sales booming after Lakers signing

If it's up to Dwight Howard , that might be the case. That would turn him into a free agent, and he reportedly has eyes on going to the Lakers to play with James. Maybe that means trading for Kawhi Leonard or taking another chance on Howard in hopes that he can contribute to a championship contender. Three hours after the jerseys went li...

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  • Toys ‘R’ Us Closes Doors
Toys ‘R’ Us Closes Doors

Geoffrey The Giraffe has packed his bags and is saying goodbye for good. However, shoppers who were hoping to secure a bargain on the final day of trading in Raleigh were left disappointed, as the mysterious buyer got there ahead of them.

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  • All eyes on OPEC as Trump gripes over prices
All eyes on OPEC as Trump gripes over prices

He last raised the issue in April. "Oil prices are artificially Very High!" "I think we will see OPEC-plus agree to increase output at the meeting", said Warren Patterson, a commodities strategist at ING Bank NV in Amsterdam, who anticipated OPEC would launch its "exit strategy" before it was signaled by Saudi Arabia last month.

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  • ‘Zero waivers ever’: U.S. wants India to stop oil imports from Iran
‘Zero waivers ever’: U.S. wants India to stop oil imports from Iran

The decision will test the United States' ability to pressure Iran unilaterally, with European countries which worked in unison with the Obama administration to cut shipments voicing strong opposition to the Trump administration's withdrawal from the 2015 nuclear deal.

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  • China, EU to form group to modernise global trade rules
China, EU to form group to modernise global trade rules

The broader S&P 500 closed at 2717.07, down 37.81 points or 1.4 per cent, marking its biggest one-day decline since early April. The index is again slightly under water for the year. Harley-Davidson, the dominant player in the USA motorcycle market said on Monday it would not pass on the cost of European Union tariffs to customers and instead ...

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  • Trump wants 'no judges or court cases' before deporting illegal immigrants
Trump wants 'no judges or court cases' before deporting illegal immigrants

He said he changed his mind by seeing images of children who have been taken from parents while they are jailed and prosecuted for illegal border-crossing. "I did talk to the White House yesterday", Mr. McCaul said. GOP leaders trying to persuade colleagues to seize the moment and tackle immigration problems by approving the bill, which include...

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  • Greek debt activist who urged tax disobedience is jailed
Greek debt activist who urged tax disobedience is jailed

The extension will be accompanied by a 10-year grace period in interest and amortization payments on the same loans. Over those years, Greece twice got perilously close to being kicked out of the eurogroup, EU Commissioner Pierre Moscovici said.

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  • Polls now Closed in Turkish Elections
Polls now Closed in Turkish Elections

However, Erdogan and his ruling party could befacing tougher competition than initially expected. For an outright win in the presidential race, Erdogan needs more than 50 per cent of the vote to avoid a run-off on July 8. Its spokesman Bulent Tezcan said Anadolu was publishing a count of over 90 percent of votes while in fact short of 40 per...

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  • Top bitcoin exchange says over $30 million in cryptocurrencies stolen
Top bitcoin exchange says over $30 million in cryptocurrencies stolen

Currently, Bithumb is the world's sixth largest exchange by trade volume, which has halted all type of transactions on the platform-deposits and withdrawals. One of the world's biggest bitcoin exchanges on Wednesday said that more than $30 million worth of cryptocurrencies have been stolen from it. Post this digital blunder, Bithumb followed ...

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  • Trump threatens additional tariffs on $200 billion of Chinese goods
Trump threatens additional tariffs on $200 billion of Chinese goods

Dr Zhou and her team had looked at the United States imposing tariffs on China without any retaliation , China imposing tariffs on U.S. goods, and an all-out trade war between the two. "China tit-for-tat tariff measures", said Selena Ling, chief economist at OCBC Bank. Trump said he hopes to cut the trade deficit with the increased tariffs ...

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  • Trump threatens 20 percent tariffs on European Union cars
Trump threatens 20 percent tariffs on European Union cars

Which means even if we are not exporting to the USA directly, we may as well be exporting indirectly by sending our primary products which are commodities and raw materials indirectly to the to the United States through Europe, India or China.

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  • Elon Musk tell Tesla staff he's ratted out a mole
Elon Musk tell Tesla staff he's ratted out a mole

While he concedes such instances of sabotage are often motivated by " something simple like wanting to get back at someone within the company or at the company as a whole ", Musk urges the staff to whom he sent the email to "be extremely vigilant ".

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  • Audi CEO Rupert Stadler Arrested Over VW Emissions Scandal
Audi CEO Rupert Stadler Arrested Over VW Emissions Scandal

Rupert Stadler, CEO of German auto producer Audi, briefs the media during the annual press conference in Ingolstadt, Germany. "The hearing to determine whether he will be remanded is ongoing", a spokesman for parent company Volkswagen said .

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  • Honolulu Workers Need $39 An Hour To Afford A 2-Bedroom Rental
Honolulu Workers Need $39 An Hour To Afford A 2-Bedroom Rental

The state also has the fifth largest gap between the average hourly wage renters make, $12.85, and housing wage. The National Low Income Housing Coalition and the Coalition on Homelessness and Housing in OH released a report today revealing that most OH jobs don't pay enough to cover the cost of rent.

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  • Trump ready to impose tariffs on about $50 billion in Chinese goods
Trump ready to impose tariffs on about $50 billion in Chinese goods

Administration officials have signaled support for imposing the tariffs in a dispute over allegations that Beijing steals or pressures foreign companies to hand over technology, according to officials briefed on the plans. Gary Cohn, Trump's former top economic adviser, warned Thursday that the trade spat could boost prices for raw materials and ...

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  • US Court Approves $85Bln AT&T Merger With CNN Owner Time Warner
US Court Approves $85Bln AT&T Merger With CNN Owner Time Warner

A U.S. judge today cleared the AT&T merger with Time Warner. The Justice Department can still appeal Leon's decision . The deal will unite Time Warner's TV shows and movies with AT&T's enormous distribution system, including cell phone and satellite networks.

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  • Trump's vow to end US-South Korea drills catches Pentagon off guard
Trump's vow to end US-South Korea drills catches Pentagon off guard

Earlier in the day, President Donald Trump pledged to stop conducting USA " war games " with South Korea on the Korean Peninsula . "I'd say he was overly eager to have a successful summit at the expense of South Korea's confidence in American commitment to US-South Korean defense cooperation", he said.

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  • S.Korean exchange Coinrail says hit by hackers, bitcoin slides
S.Korean exchange Coinrail says hit by hackers, bitcoin slides

First and foremost is the news that another South Korean exchange has been hacked. Bitcoin was one of those affected, falling 10 percent to its lowest price in two months. Coinrail said "70% of total coin and token reserves have been confirmed to be safely stored and moved to a cold wallet [not connected to the internet]".

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  • Russian Federation should return to G8 - Conte (2)
Russian Federation should return to G8 - Conte (2)

It started on CNN's "State of the Union" when Trump economic adviser Larry Kudlow said the White House was angered by Trudeau's comments during the news conference that Canada must stand up for itself and that recently imposed USA tariffs on steel and aluminum are " insulting ".

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  • ZTE agrees to 'strictest' US Commerce settlement
ZTE agrees to 'strictest' US Commerce settlement

Some officials involved with the negotiations have said they were unrelated to the ongoing trade talks between the US and China, but others have suggested that ZTE was a bargaining chip for the USA and that China could make other concessions now that ZTE has won a reprieve.

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  • The flying auto has arrived
The flying auto has arrived

Google co-founder Larry Page is one of the people helping to finance the Flyer , the connection apparently forged during Thrun's time with Google's autonomous auto unit (today called Waymo), which he helped to launch. Its price has not yet been disclosed. The aircraft will first run at 20 miles an hour and can climb to 10 feet into the air, the ...

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