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Tech Tax Set to Dominate G7 Finance Ministers Meeting

A row over taxing tech giants is set to dominate a meeting of G7 finance ministers near Paris this week, with the world's leading industrialized nations already riven by disruptive US trade policies.

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Facebook's Libra Currency under Fire

Facebook's planned virtual unit Libra, already under heavy attack from U.S. President Donald Trump and global regulators, faces skepticism among the wider cryptocurrency community as well.

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Ford, Volkswagen Join Forces on the New Frontier of Electric Autos

Volkswagen and Ford are teaming up with a massive $7 billion project to attack the new frontier in the global auto market: electric and self-driving vehicles, the companies announced Friday.

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India, US Resume Trade Talks as Tariffs War Heats Up

US and Indian trade teams started negotiations on Friday as tensions mount over protectionist measures taken by both sides.

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Deutsche Bank CEO Blasts Execs over Suit Fitting on Day of Layoffs

The chief executive of Deutsche Bank, Germany's biggest lender, said he has personally rebuked managers who ordered tailors to fit suits at their London office as thousands of traders were let go Monday.

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Trump Says Cryptocurrency is 'Not Money'

Donald Trump expressed his mistrust of cryptocurrency Thursday, saying it was "not money" and warning that those wishing to join the trade would have to abide by banking regulations.

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Trump Says China Failed to Buy Agricultural Goods as Promised

U.S. President Donald Trump on Thursday accused China of backsliding on promises to increase purchases of American farm exports.

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France Passes Law Taxing Digital Giants in Defiance of U.S. Anger

France's parliament on Thursday passed a law making it the first major economy to impose a tax on digital giants, defying a probe ordered by an angry U.S. President Donald Trump that could trigger reprisal tariffs.

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American Airlines Says Boeing 737 MAX Grounding Hit 2Q Profits by $185 Million

American Airlines said Wednesday the grounding of the Boeing 737 MAX reduced second-quarter earnings by $185 million even as the company raised a key revenue benchmark because of strong consumer demand.

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Federal Reserve Head: Uncertainties Continue to Weigh on U.S. Economy

Uncertainty about trade frictions and global growth continues to weigh on the U.S. economic outlook, Federal Reserve Chair Jerome Powell said Wednesday, keeping the door open to an interest rate cut this month.

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