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Disney streaming could get boost as Comcast drops Fox bid

Comcast is dropping its bid for Fox's entertainment businesses, paving the way for Disney to boost its upcoming streaming service by buying the studios behind "The Simpsons" and X-Men. Getting Fox would help the House of Mouse compete with...

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Abu Dhabi awards $1.6 billion survey project to China's CNPC

The Abu Dhabi National Oil Company says it has awarded contracts worth AED 5.88 billion ($1.6 billion) to China's largest state-owned oil company to conduct what is says is the world's largest continuous 3D offshore and onshore seismic survey. ...

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Trump's says Biden is his 2020 'dream' Democratic opponent

So which Democrat would President Donald Trump most like to run against in 2020? He says it's Joe Biden. Trump tells CBS News in an interview broadcast Thursday that "I dream about Biden." Biden, who was vice president under Barack...

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UK pound sinks below $1.30 after retail sales disappoint

The British pound fell Thursday below $1.30 for the first time in ten months after disappointing retail sales news raised further questions over whether the Bank of England will raise interest rates next month. In early afternoon trading...

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Jailed Audi chief seeks release pending German fraud probe

Audi's chief executive is seeking his release from jail during an ongoing investigation of suspected fraud as part of parent company Volkswagen's diesel emissions scandal. Rupert Stadler was arrested June 18 due to fears he might try to evade...

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Zuckerberg's Holocaust comment puts Facebook on the spot

Denying the Holocaust happened is probably OK on Facebook. Calling for a mob to kill Jews is not. Mark Zuckerberg's awkward and eyebrow-raising attempt this week to explain where Facebook draws the line illustrates the complexities social...

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EU preparing to hit back if US puts tariffs on car imports

The European Union says it is already preparing measures to retaliate against the United States if President Donald Trump puts tariffs on imported cars and auto parts. The auto industry is a big employer and exporter in Europe, and the new...

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Local councils go to court to stop London Heathrow expansion

Five local government councils are going to court to stop the expansion of London's Heathrow Airport. London Mayor Sadiq Khan has joined the action, which began Thursday when five boroughs notified the national government of the legal grounds...

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Global stocks drift lower as US considers more tariffs

Global stock markets drifted lower Thursday as the U.S. mulled whether to impose new tariffs on autos and auto parts. Europe said it was preparing to retaliate in kind, denting one of the key drivers of global growth. KEEPING SCORE: Germany's...

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Japan prosecutors charge Kobe Steel in fake data scandal

Japanese prosecutors charged major steelmaker Kobe Steel Thursday with violating laws overseeing competition in a massive faking of product quality data. Kobe Steel, which has repeatedly apologized for the practice, said in a statement that...

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