• Comcast's £30bn bid for Sky: what does it mean?
Comcast's £30bn bid for Sky: what does it mean?

Indeed Comcast ultimately overbid Rupert Murdoch/Disney by $US5 billion ($A6.86 billion), pitching its winning offer at close to $US40 billion. "The British government also raised questions about whether the complete acquisition of Sky would put too much media power in Murdoch's hand".

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  • The diesel Porsche is dead
The diesel Porsche is dead

Three years ago, Porsche's parent company Volkswagen became embroiled in a diesel emission fixing scandal. Furthermore, Porsche never actually developed the diesel engines with the emissions cheating software. He said Porsche has not had any diesels in its range since February and the "test phase" has shown that many diesel drivers ...

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  • ABC board sacks managing director Michelle Guthrie
ABC board sacks managing director Michelle Guthrie

Guthrie responded to recent calls to privatise the ABC , and cited a preliminary report from Deloitte she commissioned, which she said found the ABC contributed $1 billion to the economy and indirectly created 2500 jobs. March 2017: The ABC boss announces sweeping changes at the ABC , including axing a fifth of management, spending millions w...

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  • Australia supermarket bans needles amid strawberry crisis
Australia supermarket bans needles amid strawberry crisis

It is not just strawberries and apples that have been affected by the needle scare but mangoes too. Jamie Michael, who is head of the Western Australia Strawberry Growers Association, told the Australian Broadcasting Corp that his farm had dumped strawberries in the peak of the season and that if shoppers stayed away, some growers would not be ab...

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  • Oil prices rise amid drop in U.S. stockpiles, supply worries
Oil prices rise amid drop in U.S. stockpiles, supply worries

The U.S. Energy Information Administration (EIA) released its weekly petroleum status report Wednesday morning showing that U.S. commercial crude inventories decreased by 2.1 million barrels last week, maintaining a total U.S. bank Jefferies, said he expects Saudi Arabia to try to keep the oil market adequately supplied into 2019, "but at the cost ...

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  • OPEC chief says Iran still very important as US sanctions loom
OPEC chief says Iran still very important as US sanctions loom

Benchmark Brent crude already is nearing $80 a barrel and some believe it may go even higher. On the New York Mercantile Exchange, West Texas Intermediate futures were trading up 0.8% at $69.54 a barrel. Ministers from the Organization of the Petroleum Exporting Countries and non-OPEC producers meet on Sunday to discuss compliance with output...

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  • Coca-Cola Eyes Cannabis Oil Market
Coca-Cola Eyes Cannabis Oil Market

The Coca-Cola Company says that it's "closely watching" the growth of the use of a non-psychoactive element of cannabis in wellness drinks. The comments come after BNN Bloomberg reported Monday that Edmonton-based Aurora is in talks to produce cannabis-infused drinks with the world's largest beverage maker, The Coca-Cola Co .

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  • Passengers left 'bleeding from ears' after plane fails to pressurise
Passengers left 'bleeding from ears' after plane fails to pressurise

Air inside a plane flying at cruising altitude (about 36,000 feet above sea level) is usually pressurised to simulate conditions at about 8,000 feet, a healthy level although still high enough to inhibit the rate at which oxygen is carried in the blood.

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  • Amazon may open 3,000 cashierless stores by 2021
Amazon may open 3,000 cashierless stores by 2021

Already, Seattle has three cashierless Amazon Go stores and Chicago welcomed its first Amazon Go store on Monday. They say another 50 locations are expected in major metro areas in 2019, and then 3,000 stores by 2021. Research firm eMarketer predicts that Amazon will control more than 4 percent of the United States digital advertising marke...

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  • Audi unveils electric SUV, and it's taking deposits now
Audi unveils electric SUV, and it's taking deposits now

Buyers will be able to purchase a home charging system and have it installed by Amazon Home Services . That being said, Audi says the e-tron will put great emphasis on sportiness. Audi has been heralding the launch of the e-tron SUV for some time, but until Monday it had not shared many details of the vehicle. After saying the keyword "Alexa", t...

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  • Tesla Reportedly Under Criminal Investigation Following Elon Musk's Tweets
Tesla Reportedly Under Criminal Investigation Following Elon Musk's Tweets

Now, it appears that the Justice Department is looking into the case as well. At issue is an August 7 tweet from the Tesla CEO that said he was " considering taking Tesla private at $420" and asserted that he'd secured funding for the move.

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  • Kansas City McDonald's workers to join nationwide protest on sexual harassment
Kansas City McDonald's workers to join nationwide protest on sexual harassment

In New Orleans , 22-year-old Tanya Harrell alleges that her two managers teased her, but otherwise took no action after she told them of repeated verbal and physical harassment by a co-worker. Louis; Kansas City , Missouri, and Durham, North Carolina. Several of the organizers filed sexual harassment complaints with the U.S. Equal Employment Opport...

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  • Tuesday Is National Cheeseburger Day
Tuesday Is National Cheeseburger Day

I-HOP says it has a mystery deal, but has not released any clues. The unofficial - but kind of official - holiday falls on Tuesday, September 18, and there are several restaurants across the country providing deals. Download the app, place an order on your phone, and get a free cheeseburger. Before we go any further, we have to warn you that ...

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  • Trump Accuses China of Trying to 'Change' US Election
Trump Accuses China of Trying to 'Change' US Election

It appealed for "pragmatic dialogue" to "jointly safeguard the principle of free trade and the multilateral trading system". "China's got lots of leverage ... Solid pluralities of registered voters in Illinois, Indiana, Missouri, Pennsylvania, Tennessee and Texas said tariffs will do more to increase costs of products and harm the economy.

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  • USA wages trade war on China with new $200bn tariffs
USA wages trade war on China with new $200bn tariffs

Those products will now be taxed 5 percent . Apple's smartwatch has been exempt from the new round of USA tariffs. Apple feared for its Apple Watch and its wireless AirPods headphones, but both were left off the list announced on Monday.

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  • Crucial period for oil as Iran's exports shrink
Crucial period for oil as Iran's exports shrink

Crude Oil and Gasoline posted the biggest gainers since late June as Hurricane Florence threatened US East Coast fuel markets and sanctions began crimping Iranian Crude Oil exports. But with the crisis in Venezuela showing no sign of abating, and with new USA sanctions on Iran's oil industry set to come into force on November 4, other producers...

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  • Trump Slaps New Tariffs on Chinese Products
Trump Slaps New Tariffs on Chinese Products

The U.S. has already levied additional tariffs on $50 billion in Chinese goods at 25 percent. Stocks fell Monday as markets braced for major escalations in the US-China trade war. China warns it has no choice but to retaliate against the latest round of USA tariffs but did not specify how. Turkey has in turn hiked tariffs on imports of several ...

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  • Trump poised to make major China trade announcement
Trump poised to make major China trade announcement

The latest round of imports will face 10 percent tariffs through the end of the year, and then the rate will jump to 25 percent. On Wall Street, all three major indices were solidly in the red toward 1930 GMT and word of the fresh round of tariffs had already sent Chinese stocks tumbling more than one percent, with the benchmark Shanghai Composit...

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  • Trump Sets Tariffs On $200 Billion In Imports From China
Trump Sets Tariffs On $200 Billion In Imports From China

At the same time, the administration said it is still open to negotiations with China. President Trump announced Monday that he is slapping additional tariffs on roughly $ 200 billion in Chinese imports and threatened to impose even more levies amid an escalating trade dispute.

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  • India to merge three state-owned banks
India to merge three state-owned banks

The government will continue to provide capital support to the merged bank, expected to be India's third largest, said Rajeev Kumar at a press conference in New Delhi . "This will hopefully create a mega bank that will be sustainable", Jaitley added. He added,"No employee will face any service conditions which are adverse in nature".

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