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China sends fighter jets as U.S. health chief visits Taiwan

TAIPEI (Reuters) – Chinese air force jets briefly crossed the mid-line of the Taiwan Strait on Monday and were tracked by Taiwanese missiles, Taiwan’s government said, as U.S. health chief Alex Azar visited the island to offer President Donald Trump’s support.... More »

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Russia fines Google for not blocking banned content – Ifax

MOSCOW (Reuters) – A Russian court on Monday fined Google 1.5 million roubles ($20,350) after finding it guilty of failing to block content banned in Russia, the Interfax news agency reported. Source: https://www.reuters.com/article/us-russia-alphabet-lawsuit/... More »

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China imposes sanctions against U.S. lawmakers over Hong Kong

BEIJING (Reuters) – China said it would apply sanctions against 11 U.S. citizens including officials from Monday in response to Washington’s move on Friday to impose sanctions on 11 Hong Kong and Chinese officials whom it accused of curtailing political freedo... More »

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Oil climbs on positive China data, rising demand

LONDON (Reuters) – Oil rose on Monday, supported by an improvement in Chinese factory data and rising energy demand as countries eased coronavirus-related lockdowns, but traders remained cautious due to U.S.-China tensions and uncertainty over a U.S. stimulus ... More »

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U.S. Attorney General Barr says the left wants to tear down system

(Reuters) – U.S. Attorney General William Barr mounted a partisan attack on the Democratic Party in an interview that aired Sunday, claiming the left believes in “tearing down the system” and pursues absolute victory as “a substitute for religion.” Barr also t... More »

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Iran says Beirut blast should not be politicised

DUBAI (Reuters) – Iran said on Monday that countries should refrain from politicising the massive blast in Beirut last week, and that the United States should lift sanctions against Lebanon. “The blast should not be used as an excuse for political aims … the c... More »

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Coronavirus accelerates European utilities’ digital drive

MILAN/FRANKFURT (Reuters) – When COVID-19 plunged Italy into lockdown, it was decision time at the Verampio power station. The control room, which runs a fleet of hydroelectric plants across the Piedmont region, hard hit by the pandemic, had to be secured to k... More »

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Dollar rally regains some momentum- Aussie and Kiwi fall

LONDON (Reuters) – The dollar rose in early London trading on Monday, including versus the euro and Swiss franc, with investors focusing on fiscal stimulus in the United States and U.S.-China tensions ahead of key trade talks on August 15. After talks in Washi... More »

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BP’s green energy targets will be tough to meet

LONDON (Reuters) – BP (BP.L) will need to invest tens of billions of dollars over the next decade and may have to accept lower returns than it can get from oil if it is to meet its target of becoming one of the world’s largest renewable power generators. The B... More »

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Trump says he is signing executive order for payroll tax holiday

(Reuters) – U.S. President Donald Trump said on Saturday he is signing an executive order providing a payroll tax holiday for Americans earning less than $100,000 a year. Speaking to reporters in Bedminster, New Jersey, Trump said the tax holiday would be effe... More »

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Tired of Zoom calls? Company offers at-home hologram machines

LOS ANGELES (Reuters) – Looking for a new way to communicate during the pandemic? A Los Angeles company has created phone booth-sized machines to beam live holograms into your living room. The device made by PORTL Inc lets users talk in real time with a life-s... More »

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AMC expects to reopen all international theaters in three weeks

(Reuters) – AMC Entertainment Holdings Inc said on Thursday it expects all its international theaters to resume operations in the next two to three weeks, while two-thirds or more of its U.S. theaters are set to reopen later this month. Movie theaters across t... More »

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U.S. record producer Detail charged with raping five women

(Reuters) – Grammy Award-winning producer Detail, who once worked with Beyonce, has been charged with raping five women and sexually assaulting a sixth, the Los Angeles District Attorney’s office said on Thursday. Detail, whose birth name is Noel Fisher, was c... More »

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Special Report: COVID opens new doors for China’s gene giant

SYDNEY (Reuters) – As countries scramble to test for the novel coronavirus, a Chinese company has become a go-to name around the world. BGI Group, described in one 2015 study as “Goliath” in the fast-growing field of genomics research, is using an opening crea... More »

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‘Gnarly’ tumor shows dinosaurs got cancer, too

WASHINGTON (Reuters) – When scientists first unearthed fossils of a horned dinosaur called Centrosaurus in the badlands of Dinosaur Provincial Park in Canada’s Alberta province in 1989, they spotted a badly malformed leg bone they figured was a healed fracture... More »

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Virgin Galactic’s Branson to fly into space in early 2021

(Reuters) – Billionaire Richard Branson will fly into space on a Virgin Galactic rocketship early next year, the space tourism company he founded said on Monday, adding that it would raise new funds with a share offering. Branson’s trip to space hinges on the ... More »

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Oil steady as virus fears counter positive factory data

LONDON (Reuters) – Oil prices steadied on Monday, pressured by rising COVID-19 cases around the globe and by oversupply worries as OPEC and its allies are set to wind back output cuts in August, but supported by positive industry data in Europe and Asia. Brent... More »

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Ferrari trims full-year outlook after second-quarter earnings skid

MILAN (Reuters) – Luxury carmaker Ferrari (RACE.MI) trimmed its full-year earnings forecast on Monday after second-quarter income plunged due to supply chain and production disruptions due to the coronavirus pandemic. The company known as the ‘Prancing Horse’ ... More »

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Microsoft talks to buy TikTok’s U.S. operations spark ire in China

BEIJING/HONG KONG (Reuters) – A potential shotgun wedding to Microsoft Corp (MSFT.O) for TikTok’s U.S. operations provoked an outcry on Monday on Chinese social media as well as criticism from a prominent Chinese investor in TikTok owner ByteDance. The U.S. te... More »

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Google to buy 6.6% stake in ADT in home security push

(Reuters) – Alphabet Inc’s (GOOGL.O) Google is buying a 6.6% stake in home security firm ADT Inc (ADT.N) for $450 million in a deal that will allow it to provide service to customers of its Nest home security devices. ADT said on Monday the companies will work... More »

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Brazil’s central bank says Whatsapp payment tests have begun

RIO DE JANEIRO (Reuters) – Brazil’s central bank said on Monday that tests had begun to trial payments via Facebook Inc’s messaging service WhatsApp in the country, calling them an “important advance.” In a statement, the bank said that the tests involve no re... More »

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Summer mood swings: markets turn higher on hopes of virus aid

LONDON (Reuters) – World stocks and the dollar rallied after a cautious European morning as thin summer trading led to sharp swings in the market, and worries about U.S. gridlock over the next round of coronavirus aid eased. In Europe, stocks were up 1.2% as t... More »

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Pandemic revs up race for U.S. online car sales

DES MOINES, Iowa (Reuters) – After years of being part of a future that never quite arrived, the coronavirus pandemic has put U.S. online car sellers on the map. Now comes a race to spend vast sums on digital commerce platforms specifically designed to handle ... More »

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There may never be a ‘silver bullet’ for COVID-19, WHO warns

GENEVA (Reuters) – The World Health Organization warned on Monday that, despite strong hopes for a vaccine, there might never be a “silver bullet” for COVID-19, and the road to normality would be long. More than 18.14 million people around the world are report... More »

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Murray wants assurance on quarantine issues before U.S. Open

(Reuters) – Players need assurance that they would not face mandatory quarantine upon returning to Europe from the U.S. Open before travelling to New York amid the COVID-19 pandemic, former world number one Andy Murray has said. Organisers United States Tennis... More »

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Exclusive: Chipotle, fast food brands set for new wave of hiring

NEW YORK (Reuters) – Chipotle Mexican Grill Inc wants to hire another 10,000 employees in coming months as its sales rebound, an official said, one of several big restaurant chains looking to add staff in an economy otherwise dimmed by the coronavirus pandemic... More »

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J.C. Penney’s survival hinges on urgent sale negotiations

NEW YORK (Reuters) – The survival of J.C. Penney Co Inc hangs on whether the department store chain can reach a complex deal within days to sell itself to an alliance of retail mavens and distressed-debt investors. The 118-year-old retailer blew through a Frid... More »

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Next big COVID-19 treatment may be manufactured antibodies

(Reuters) – As the world awaits a COVID-19 vaccine, the next big advance in battling the pandemic could come from a class of biotech therapies widely used against cancer and other disorders – antibodies designed specifically to attack this new virus. Developme... More »

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Europe cushions workforce as U.S. lifeline runs threadbare

FRANKFURT/LOS ANGELES (Reuters) – – While millions of U.S. workers thrown into unemployment by the coronavirus pandemic fret about feeding their families, idled German airline purser Marco Todte is mainly concerned about his next vacation. Todte, 41, hasn’t fl... More »

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McIlroy targets majors with renewed focus after shutdown

(Reuters) – Rory McIlroy says the coronavirus shutdown has made him more focused on adding to his tally of four major titles, the last of which came in 2014. The 31-year-old will compete in the PGA Championship at Harding Park starting on Thursday, before the ... More »

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U.S. election will be Nov. 3 as planned, Trump advisers say

WASHINGTON (Reuters) – The White House and Donald Trump’s campaign on Sunday sought to shut down the Republican president’s musings on delaying the 2020 vote, saying there will be an election on Nov. 3. White House Chief of Staff Mark Meadows said Trump was ra... More »

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Republican senators back plan to sell TikTok’s U.S. operations

WASHINGTON (Reuters) – Several Republican senators on Sunday backed a plan by China’s ByteDance to divest the U.S. operations of TikTok after President Donald Trump said on Friday he had decided to ban the popular short-video app. Senator John Cornyn, a Texas ... More »

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NASA astronauts riding SpaceX capsule poised for Sunday return

(Reuters) – The two NASA astronauts who rode to the International Space Station aboard SpaceX’s new Crew Dragon are heading home for a Sunday splashdown in the Gulf of Mexico, capping a two-month voyage in space that marked NASA’s first crewed mission from hom... More »

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‘Cocoon’ actor Wilford Brimley dies age 85

(Reuters) – Actor Wilford Brimley, best known for his roles in the Oscar-winning movie “Cocoon” and “The Firm” has died at the age of 85, U.S. media reported. Utah-born Brimley found his way into the film industry through stunt work around horse riding, before... More »

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NASA launches new rover to search for signs of past Martian life

(This July 30 story refiles to add details on previous NASA rovers, landers) By Joey Roulette (Reuters) – NASA’s next-generation Mars rover Perseverance blasted off from Florida’s Cape Canaveral on Thursday atop an Atlas 5 rocket on a $2.4 billion mission to s... More »

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Facebook brings official music videos to users’ feed

(Reuters) – Facebook Inc said on Friday that its users in the United States would be able to view and share official music videos on its platform, in a move to better compete with Alphabet Inc’s video platform YouTube. Facebook, which had 2.7 billion monthly a... More »

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MTV’s VMAs to honor coronavirus shutdown music

LOS ANGELES (Reuters) – Pop stars Ariana Grande and Lady Gaga led a girl power list of nominations on Thursday for the MTV Video Music Awards, which added two new categories to reflect how musicians are responding to the coronavirus pandemic. Grande and Gaga g... More »

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U.S. stock funds shed $1.05 billion in week: Lipper

(Reuters) – U.S.-based equity funds in the week ended Wednesday posted $1.05 billion in outflows, according to Lipper. Taxable bond funds attracted $9.37 billion, the sixteenth straight weekly inflow, while U.S. money market funds shed $17.44 billion in the la... More »

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Three ways to make the most from a virtual internship

NEW YORK (Reuters) – As someone who dreams of a career in the music business, Amanda Montgomery had big plans for her summer internship – working in studios, going on shoots for music videos, maybe taking in some live concerts. Thanks to COVID-19, her internsh... More »

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VIP waxworks socially-distance outside London’s Madame Tussauds

LONDON (Reuters) – Madame Tussauds’ most famous figures led by example and formed a socially distanced queue outside the soon-to-be reopened wax museum on Thursday, with Queen Elizabeth leading the way followed by British Prime Minister Boris Johnson then musi... More »

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Scientists solve mystery of the origin of Stonehenge megaliths

(Reuters) – Scientists have solved an enduring mystery about Stonehenge, determining the place of origin of many of the megaliths that make up the famed monument in Wiltshire, England, thanks to a core sample that had been kept in the United States for decades... More »

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NASA set to launch robotic rover to seek signs of past Martian life

(Reuters) – NASA is set to launch an ambitious mission to Mars on Thursday with the liftoff of its next-generation Perseverance rover, a six-wheeled robot tasked with deploying a mini helicopter, testing out equipment for future human missions and searching fo... More »

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S&P 500, Nasdaq open higher on stimulus, dovish Fed hopes

(Reuters) – The S&P 500 and Nasdaq rose at the open on Monday as investors shrugged off surging COVID-19 cases and U.S.-China tensions, betting instead on more stimulus and a dovish signal from the Federal Reserve to revive a battered domestic economy. The S&P... More »

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Walgreens CEO to step down

(Reuters) – Walgreens Boots Alliance Inc (WBA.O) said on Monday Chief Executive Officer Stefano Pessina has decided to step down from the position and will assume the role of executive chairman once a replacement is appointed. Pessina, 79, was appointed as the... More »

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Republican Senator Tom Cotton calls slavery ‘necessary evil’

WASHINGTON (Reuters) – Republican U.S. Senator Tom Cotton described slavery as “a necessary evil” in a published attack on a New York Times initiative to make slavery the focal point of American history for U.S. schools. “As the Founding Fathers said, it was t... More »

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Google to keep employees home until summer 2021 amid pandemic: WSJ

(Reuters) – Alphabet Inc’s Google will keep its employees home until at least next July, the Wall Street Journal reported on Monday, citing people familiar with the matter. Chief Executive Officer Sundar Pichai made the decision himself last week after debate ... More »

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Oil up on weak dollar though U.S.-China tensions, virus weigh

SINGAPORE/LONDON (Reuters) – Oil prices edged higher on Monday helped by a weak dollar and expected U.S. stimulus measures but gains were capped by rising global coronavirus cases and tensions between the United States and China. Brent crude LCOc1 rose 32 cent... More »

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Qualtrics float would be ‘win-win’ proposition: SAP CEO

BERLIN (Reuters) – SAP’s (SAPG.DE) plans to float online sentiment tracking business Qualtrics would be a “win-win” proposition, CEO Christian Klein said on Monday, as the business software group confirmed its second quarter results and guidance. SAP would ret... More »

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Under Armour executives receive Wells notice from SEC

(Reuters) – Under Armour Inc disclosed on Monday that its top executives had received a Wells notice from the U.S. Securities and Exchange Commission related to an investigation about the sportswear maker’s accounting practices. Last year, the company said it ... More »

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‘Hopeless addict’ Depp was a violent misogynist, court hears

LONDON (Reuters) – Johnny Depp was a drug addict prone to violent rages and a misogynist who assaulted his wife and used abusive language about women, a London court was told on Monday as the actor’s libel trial against a British tabloid neared its ending. The... More »

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SAP picked by Moderna to help distribute COVID-19 vaccine candidate

BERLIN (Reuters) – Business software group SAP (SAPG.DE) has been selected by Moderna (MRNA.O) to help distribute the potential COVID-19 vaccine that the U.S. pharmaceuticals company is developing, CEO Christian Klein said on Monday. “Moderna just selected SAP... More »