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Google has announced it will be making it biggest acquisition in the public cloud market through the purchase of business intelligence firm Looker Data Sciences Inc. The deal is set to go through for $2.6 billion (an all-cash transaction).

Elliott Management announces plans to acquire Barnes & Noble

Activist firm Elliott Management announced Friday it plans to acquire bookseller Barnes & Noble for roughly $683 million, including debt. After the announcement, the stock was up 10 percent to $6.56 per share, in premarket trading.

Trade war, severe flooding creates worst farm crisis since 1980s

American farmers already dealing with a parade of misfortunes that includes years of low prices and a trade war with China are now grappling with record Midwest rain that will likely prevent a large portion of this year’s crop from even getting planted.

Chinese vendors, Mexican clients commiserate on Trump tariffs at trade expo

Huang Chao came to Mexico looking for business, not friends, but the Chinese sales manager says he found unexpected common ground with his prospective clients on one thing: Donald Trump "is crazy.

Gas surges globally as green groups cry foul

2018 was a "golden year" for natural gas with demand surging worldwide, the International Energy Agency (IEA) said Friday, prompting concern from environmental groups over the climate impact of the world's new favourite fuel.Demand for gas grew 4.

Q&A: Why peer-to-peer tech isn't helping deskless workers Special

While some small businesses are turning to Slack as a means for employee communication and finding success, for large enterprises peer-to-peer chat tech is not a sustainable or cost-effective way to give deskless employees, according to Jeff Corbin.

US economy reigns supreme but IMF warns of growing risks

The US economy is expanding faster than any other advanced nation, and in weeks will hit a historic milestone, but the International Monetary Fund and many economists are warning of building signs of trouble.

Ford to shut engine plant in UK with the loss of 1,700 jobs

Ford Motors' engine plant in Bridgend in South Wales is set to close in September of 2020, with the loss of 1,700 jobs. The company cited declining sales of gasoline engines and the end of a contract with Jaguar Land Rover for the closure.

Russia woos foreign investors as arrests loom over forum

President Vladimir Putin on Thursday said Russia was "counting" on foreign investments to realise major new projects, as the recent arrests of foreign businessmen hung over a showcase economic forum.

Unions hit out at Ford plan to close Wales plant in 2020

US automaker Ford will close its engine plant in south Wales next year, threatening more than 1,500 jobs, in a "grotesque act of economic betrayal", British unions said on Thursday.

Fiat Chrysler withdraws offer of merger with Renault

Italian-American carmaker Fiat Chrysler on Thursday said it had withdrawn a proposal for a merger with Renault, saying it would be unable to reach an agreement with the French government.

Trump slaps new restrictions on American travel to Cuba

For more than half a century Cuba has suffered from a US embargo that prevents the export of most goods from the US and also restricted tourism until easing of restrictions on Americans visiting the island by Obama who somewhat normalized relations.

One unintended outcome of Farm Bill — Smokable hemp

Since the passage of the Farm Bill in December, hemp production and sales have been center-stage regarding the presence of cannabidiol, CBD, and its presence in food and drinks. But what about smoking hemp?

World's largest airplane may be grounded after just one flight

Stratolaunch Systems Corporation, the space company founded by late billionaire and Microsoft Corp co-founder Paul Allen, is closing operations, four people familiar with the matter said on Friday.

France to ban destroying unsold goods, targeting Amazon, luxury brands

France's prime minister on Tuesday announced a crackdown on the destruction of unsold or returned consumer products, a move that will affect online retailers such as Amazon and luxury goods brands.

Facebook shareholder revolt gets bloody

Independent Facebook investors voted overwhelmingly in support of proposals to fire Mark Zuckerberg as chairman and scrap the firm's share structure.

Mexico: good chance of avoiding tariffs in US talks

Mexico's foreign minister on Tuesday predicted that negotiations to avoid punishing tariffs threatened by US President Donald Trump have an 80 percent probability of success.

S.Africa economy contracts 3.2 percent in first quarter

South Africa's economy dramatically shrunk in the first quarter of 2019, the country's statistics authority said Tuesday, piling pressure on President Cyril Ramaphosa's newly elected administration.

Swiss women strike for equal pay again, three decades on

Nearly 30 years after staging a first nationwide strike for equal pay, women across Switzerland say they are preparing fresh action to push for wage parity next week.

Trump turns to trade talks on UK state visit

US President Donald Trump meets outgoing Prime Minister Theresa May on Tuesday for trade-centred talks during his state visit to Britain, with protesters set to gather outside the gates.

Top Trump economic advisor hopeful on US-Mexico tariff talks

A top economics advisor to President Donald Trump said Monday he is hopeful on the outcome of talks with Mexico on immigration and the threat of US trade sanctions.

Ben & Jerry's aims for CBD-infused ice cream — that's 'groovy'

Everyone knows that Ben & Jerry's is a fan of all things groovy — think Half Baked and Dave Matthews Band Magic Brownies. The FDA currently forbids adding CBD to food and beverages, but the iconic ice cream maker can't wait to join the new food trend.

Op-Ed: Mexican tariffs Trump's latest blow against auto manufacturers

Trump's announcement that he will place 5 percent tariffs on Mexican goods this week that will hurt automakers is just the latest in Trump's many blows against auto manufacturers. He has also threatened tariffs on autos coming from Europe and Japan.

Op-Ed: Trump to put five percent tariff on Mexican goods June 10

US stock indices slumped again on Friday as the US China trade war appears to intensify and Trump now threatens to impose tariffs on Mexico. The market performance in May has been miserable.

Nine unauthorized Vancouver pot shops ordered to shut down

The City of Vancouver says nine illegal marijuana dispensaries must close down while they wait for the outcome of a legal challenge at the B.C. Court of Appeal.

Q&A: Scramble is on: Ensuring compliance with CCPA Special

California companies are struggling to prepare for the impending implementation of the California Consumer Privacy Act (CCPA). To address this, new ways of workting are needed, says Tom Pendergast of the company MediaPRO.

US dominates global tech investment

The latest figures relating to technology investment signal that the U.S. continues to dominate the global financial chain, whereas within Europe, despite the Brexit process, it is the U.K. that remains the main player.

ExxonMobil staff to return to work in Iraq: ministry

Foreign employees of US energy major ExxonMobil will return to work near Iraq's border with Iran Sunday, the oil ministry said, two weeks after being evacuated over tensions between Washington and Tehran.

California cracks down on the gig economy

The U.S. state of California has put in place measures to crack down on the gig economy. This takes the form of rules which will make in more difficult for companies to label its workers as 'independent contractors' instead of employees.

Revealed: The biggest cybersecurity breaches of past three years

A new report from Bitglass examines the biggest data breaches affecting companies from the last three years. This includes the Marriott breach of 2018, the Equifax breach of 2017 and the Yahoo! breach of 2016.

China raises tariffs on US goods amid esclating tensions

China on Saturday increased tariffs on billions worth of US goods as it prepares to unveil a blacklist of "unreliable" foreign companies that analysts say aims to punish US and foreign firms cutting off supplies to telecoms giant Huawei.

Brazil jobless rate falls but record number give up looking

Brazil's jobless rate fell in the latest three-month period, data showed Friday, but the number of people who gave up looking for work hit a record high as the economy totters on the edge of recession.

Regulators looking for way to end Oregon's pot glut

Oregon is awash in pot, glutted with so much legal weed that if growing were to stop today, it could take more than six years by one estimate to smoke or eat it all.

China's US tariff hike to target condoms, wine, pianos

Condoms, perfume, wine and pianos are among a cocktail of American products that will be hit by a steep increase in Chinese tariffs on Saturday as Beijing retaliates in an escalating trade war.

Salesforce stops customers using software to sell semi-automatics

Salesforce, a leading developer of business software, is barring customers from using its system to sell semi-automatic guns and other firearms.

Renault and Fiat Chrysler stuck over merger terms: report

Talks between Fiat Chrysler and Renault have hit a roadblock over the financial terms of the proposed merger between the Italian-US and French carmakers, the French business daily Les Echos reported online Thursday, citing sources close to Fiat Chrysle...

Millennials are 'dramatically financially worse off': report

Millennials' spending is the same as their parents when it comes to the proportion of their income going to things such as food, restaurants, and alcohol — they just have less money to spend.

Brazil faces recession risk after economy shrinks in first quarter

Brazil's economy shrank in the first quarter of the year, official data showed Thursday, taking Latin America's biggest country to the brink of recession for the first time in two years.Gross domestic product contracted 0.

African free trade zone takes effect: African Union

An African free-trade zone came into force Thursday, a step toward creating what the African Union (AU) hopes will be a continent-wide market of 1.2 billion people worth $2.5 trillion. "This is a historic milestone!

Huawei a key beneficiary of China subsidies that US wants ended

A replica of the Palace of Versailles, medieval turrets, and spires rise across Huawei's new campus in southern China, a monument to the telecom giant's growing fortune -- and the benefits of state aid.

North America betting on a risky $1 trillion fossil fuel boom

As the time left to avoid climate catastrophe counts down, the oil and gas industry plans on investing close to $1 trillion to expand drilling, exports, and pipelines, all of it incompatible with the global push to transition from fossil fuels.
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