• U.S. opens national security probe into uranium imports
U.S. opens national security probe into uranium imports

The probe of uranium imports is in response to petitions for an investigation filed in January by two USA mining companies: Ur-Energy and Energy Fuels. That is 50 percent lower than just a year earlier. "Increasing levels of state-subsidized nuclear fuel are expected to be imported from Russian Federation and China in the coming years, which woul...

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  • Microsoft Q4 strong as commercial cloud revenue hits $6.9 billion
Microsoft Q4 strong as commercial cloud revenue hits $6.9 billion

The results-for both the quarter and the entire fiscal year-can only be described as astonishing, especially when you consider that Microsoft is in the midst of a transition from its old business model to one that is focused on cloud computing .

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  • Trump Threatens to Slap Tariffs on Everything Imported From China
Trump Threatens to Slap Tariffs on Everything Imported From China

After criticizing the Fed in an interview, Trump again lambasted the central bank, saying "Tightening now hurts all that we have done". "So somebody would say, 'Oh, maybe you shouldn't say that as president.' I couldn't care less what they say, because my views haven't changed", Trump said.

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  • United Kingdom interest rate rise in doubt as inflation stays at 2.4%
United Kingdom interest rate rise in doubt as inflation stays at 2.4%

Meanwhile, wage growth remains at 2.5%, so, like last month, workers are finding that their earnings are hardly outstripping inflation . Summer sales meant clothes prices dropped sharply in June, and there was also drag from computer games.

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  • Trump tariffs would cause vehicle prices to soar, wipe out jobs
Trump tariffs would cause vehicle prices to soar, wipe out jobs

Consumers will bear virtually all the higher fix costs, said the American Insurance Association, National Association of Mutual Insurance Companies and Property Casualty Insurers Association of America in comments jointly submitted to the Commerce Department.

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  • Trump slams European Union over $5-billion fine on Google
Trump slams European Union over $5-billion fine on Google

The penalty - the same amount the Netherlands contributes to the EU budget every year - is due to be announced by EU Competition Commissioner Margrethe Vestager at 1 p.m.in Brussels . There is little doubt that Pichai is trying to warn customers, OEMs, and lawmakers alike that Android's inability to be used as a vector for getting Google apps and ...

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  • Watch Theresa May slammed by Tory MP: ‘When did Brexit mean Remain?’
Watch Theresa May slammed by Tory MP: ‘When did Brexit mean Remain?’

Boris Johnson has described Theresa May's plan for leaving the European Union as "miserable permanent limbo" as he insisted it's "not too late to save Brexit". "Obviously the Labour Party would have nothing to do with some kind of establishment stitch-up to deny a proper voice for our voters and the majority of people in the country (and) deny...

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  • Airbus strikes deals in China, India amid Brexit concerns
Airbus strikes deals in China, India amid Brexit concerns

Airbus , meanwhile, announced orders totalling $9.2 billion at list prices for its next-generation A350 wide-body. The 2018 Farnborough Airshow runs from July 16 to July 22 . Boeing's Tinseth said Airbus sought to show it was winning a sizable share of the aircraft market. DHL placed an order and commitment for 14 Boeing 777 Freighters, an...

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  • Europe Fines Google $5 Billion for Abusing its Android Dominance
Europe Fines Google $5 Billion for Abusing its Android Dominance

The tying practices ensured the pre-installation of Google's search engine and browser on practically all Google Android devices and the exclusivity payments strongly reduced the incentive to pre-install competing search engines. Denmark's Vestager ordered Google to "put an effective end to this conduct within 90 days or face penalty payments" of u...

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  • Elon Musk could face legal action after Thai cave rescuer ‘pedo’ comments
Elon Musk could face legal action after Thai cave rescuer ‘pedo’ comments

He told CNN: 'It just had absolutely no chance of working . He had no conception of what the cave passage was like . "The submarine was about 5ft 6 [inches] long, rigid, it wouldn't have gone round corners or any obstacles", the diver explained of the rescue conditions.

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  • Caver who helped in Thailand rescue considers legal action against Elon Musk
Caver who helped in Thailand rescue considers legal action against Elon Musk

Unsworth , who was instrumental in the successful rescue, later said Musk's effort was a " PR stunt ", prompting the Silicon Valley billionaire to say he would make a video proving his "mini-sub" would have worked, adding: "Sorry pedo guy , you really did ask for it".

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  • Order book battle begins at Farnborough
Order book battle begins at Farnborough

Beyond the order avalanche, manufacturers, suppliers and airlines use the event to haggle over contracts and float ideas for new planes and ventures. Military chiefs and governments hammer out arms deals and announce defense initiatives. The U.S. planemaker is mulling a two-jet family with 220 to 270 seats designed for 5,000-mile routes, available ...

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  • Morehouse College cuts ties with Papa John's
Morehouse College cuts ties with Papa John's

Last week, Schnatter stepped down after it was revealed he used N-word on a conference call with its ad agency, Laundry Service , in May. Papa John's announced Friday it would remove Schnatter's image from its marketing materials . Laundry Service representatives did not immediately respond to a request for comment . During the conference ...

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  • Netflix subscription numbers disappoint, stock plunges
Netflix subscription numbers disappoint, stock plunges

Global subscriber net additions are projected at 4.35 million, again, below the average 5.095 million. The company's stock was down more than 13 percent in early after-hours trading in response to the news. The good news is Netflix did see a 43% increase in streaming revenue likely from the higher subscriber numbers and new price increase. The st...

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  • How to score the biggest deals this Amazon Prime Day
How to score the biggest deals this Amazon Prime Day

The upcoming sale from Flipkart will be offering unmatched offers under Blockbuster deals, Rush Hour Deals, First Time Discounts , and Price Crash offers. On Amazon's Android app, tap on the breadcrumb menu on the top and select Try Prime. You'll instantly become an Amazon Prime member once your payment is confirmed.

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  • Soybean prices plunge to fresh lows as Trump's trade war persists
Soybean prices plunge to fresh lows as Trump's trade war persists

Last week, the US administration imposed a 25-percent additional tariff on 34 billion dollars worth of imports from China, forcing China to retaliate on USA imports. There's already been a sharp price decrease for certain products and soybean farmers are one group impacted. President Trump has vowed to protect farmers from unfair Chinese retaliat...

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  • Comcast increases cash-offer for Sky to $34 billion
Comcast increases cash-offer for Sky to $34 billion

Its last record came on June 20. The lion's share of the fees - up to 170.3 million pounds - will go to the lenders, including Bank of America, that are co-ordinating the financing for Comcast's offer. It lifted its bid for Sky on Wednesday after Fox sweetened its rival offer to £14 per share earlier that day. First, if Disney wants to own 100 ...

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  • China's ZTE sees heavy losses in H1 due to United States penalty
China's ZTE sees heavy losses in H1 due to United States penalty

BIS imposed this seven-year ban and other penalties against ZTE in April 2018 in response to its numerous violations of USA export controls and sanctions laws. The sanctions influenced ZTE's decision recently to cease operations, and eliminate its entire board and appoint a new chairman. The current ban could have lasted seven years.

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  • Furious Elon Musk calls Thailand cave rescue diver a 'pedo'
Furious Elon Musk calls Thailand cave rescue diver a 'pedo'

He responded by remarking that Musk "can stick his submarine where it hurts ", saying the contraption was never a viable option for the rescue, and adding that Musk was using the rescue operation as a " PR stunt ". He wrote: "We will make [a video] of the mini-sub/pod going all the way to Cave 5 no problemo". "You know what, don't bother showi...

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  • Tesla Whistleblower Ups Ante, Making a Formal Complaint With the SEC
Tesla Whistleblower Ups Ante, Making a Formal Complaint With the SEC

The carmaker also has a giant battery factory in Nevada. Earlier this year, analysts debated whether Tesla or GM would be first sell 200,000 cars first and trigger the tax-credit phaseout for their buyers. Apple, for example, this week sought the arrest of a former engineer accused of self-driving vehicle technology that he was set to provide t...

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