Tag: Business

  • Tesla’s Autopilot to get ‘full self-driving feature’ in August

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    Shares of Tesla Inc (TSLA.O) rose as much as 5 percent on Monday after Chief Executive Officer Elon Musk tweeted that its Autopilot driver assistance system will get full self-driving features following a software upgrade in August. Autopilot, a form of advanced cruise control, handles some driving tasks and warns those behind the wheel they […]

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  • Swiss vote down ‘dangerous’ overhaul of banks

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    Swiss voters have overwhelmingly rejected a proposed overhaul of the country’s banking system that had been described as “dangerous” by its critics. Over 75% of voters rejected the “sovereign money” proposal in a referendum on Sunday, according to provisional results published by the government. The initiative would have prohibited commercial banks from lending more money than they […]

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  • U.S., EU take small step on trade, but no breakthrough at G7 summit

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    LA MALBAIE, Quebec – The United States and European Union will establish a dialogue on trade within the next two weeks, a French official said on Friday, signaling a modest step forward for bitterly divided allies at a Group of Seven summit in Canada. U.S. trading partners have been furious over President Donald Trump’s decision […]

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  • HOW TO SET UP AN ICO – THE CORPORATE STRUCTURE

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      In the first chapter of How to set up an ICO, we discussed the fundamental aspects to consider before deciding to launch an ICO. Today we will talk about another key aspect and one of the most important when launching your ICO: the corporate structure. As always, remember that this series of articles are […]

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  • Tesla drives fourth day of gains for Nasdaq, banks up

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    Wall Street’s tech-heavy Nasdaq index was on track for its fourth straight day of gains on Wednesday, hitting a record high, while the S&P 500 and the Dow also inched higher. Tesla shares jumped 7.1 percent after billionaire Chief Executive Officer Elon Musk reassured shareholders that building 5,000 of its mass-market Model 3 cars per […]

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  • Billionaire Koch brothers take on Trump over tariffs

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    Powerful US billionaire brothers Charles and David Koch are funding a multi-million dollar campaign against President Donald Trump’s trade tariffs. Three political groups backed by the brothers say they will use advertising, lobbying and grassroots campaigns to push the benefits of free trade. The duo run Koch Industries, one of the world’s largest privately-owned firms. […]

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  • Microsoft buys Github code-sharing site for $7.5bn

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    Microsoft has announced it is to acquire the code-sharing site Github. Github, based in San Francisco, is an online platform that allows coders to collaborate with each other on their work. It is used by employees at many big companies, including Microsoft. Microsoft said it was paying $7.5bn (£5.6bn) in stock to achieve the deal, […]

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  • Trump aide says Canada’s Trudeau overreacting to trade dispute

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    WASHINGTON  – Trade frictions between the United States and Canada are a “family quarrel,” President Donald Trump’s economic adviser said on Sunday, brushing aside concerns expressed by Canadian Prime Minister Justin Trudeau as an overreaction. The Trump administration said on Thursday it was moving ahead with tariffs on aluminum and steel imports from Canada, Mexico […]

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  • Bayer launches $7 billion cash call to fund Monsanto deal

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    BERLIN – Bayer (BAYGn.DE) launched a 6 billion euros ($7 billion) rights issue on Sunday, a cornerstone of the financing package for its planned $62.5 billion takeover of seeds maker Monsanto (MON.N).   Bayer last week won U.S. approval for the Monsanto takeover, clearing a major hurdle for a deal that will create by far […]

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  • China’s HNA, COMAC sign deal for 200 C919, 100 ARJ21 jets

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    SHANGHAI  – Chinese conglomerate HNA Group [HNAIRC.UL] has agreed to purchase 200 C919 and 100 ARJ-21 planes from the Commercial Aircraft Corp of China Ltd (COMAC), the companies said on Saturday. HNA and COMAC said in a statement that they had signed a strategic cooperation under which HNA had agreed to introduce and operate the […]

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