Uber discloses almost 6,000 incidents of sexual assaults in US

Uber discloses almost 6,000 incidents of sexual assaults in US

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An average of eight people reported sexual assaults while using Uber’s service each day in the US, according to a first-of-its-kind safety report released by the car-booking app on Thursday. While the numbers are difficult to contextualise for a service that offers more than 3m trips a day, the raw figures are jarring: in 2018 […]

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Amazon suit claims Trump bias tainted JEDI cloud contract bid

Amazon suit claims Trump bias tainted JEDI cloud contract bid

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Amazon.com Inc. says it lost a Pentagon cloud contract valued at as much as $10 billion because of political interference by President Trump, according to the judge overseeing the case. Federal Claims Court Judge Patricia Campbell-Smith said during a court proceeding last week that Amazon’s lawsuit argues that the Pentagon didn’t award the cloud deal […]

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Opec and allies stumble towards deeper cuts

Opec and allies stumble towards deeper cuts

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Talks between oil producers for deeper cuts to production ran late into the night on Thursday as Opec officials took longer than anticipated to come to an agreement. A preliminary meeting of ministers earlier in the day, involving Saudi Arabia and Russia, recommended that producers deepen existing production cuts of 1.2m barrels a day by […]

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Implement EU-Mercosur Trade Deal Swiftly, Says Bolsonaro

Implement EU-Mercosur Trade Deal Swiftly, Says Bolsonaro By Bloomberg

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Implement EU-Mercosur Trade Deal Swiftly, Says Bolsonaro (Bloomberg) — Terms of Trade is a daily newsletter that untangles a world embroiled in trade wars. Sign up here.  Brazil’s President Jair Bolsonaro called for a swift implementation of the trade deal struck between the European Union and the South America customs union Mercosur. Speaking during Mercosur’s presidential […]

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Saudi Aramco raises $25.6bn in world’s biggest IPO

Saudi Aramco raises $25.6bn in world’s biggest IPO

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Saudi Aramco has raised a record $25.6bn in its initial public offering, capping a fraught journey to the public markets for the world’s largest oil company. The money raised by the state-owned producer breaks the record set by Chinese ecommerce giant Alibaba in 2014, but gives the company a valuation that falls short of the […]

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Brussels steps up pressure on US over global digital tax deal

Brussels steps up pressure on US over global digital tax deal

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Brussels’ top economic official has stepped up a transatlantic dispute over a global digital tax, saying the EU would be ready to revive its own plans for a region-wide levy if international negotiations fail. The vow from Paolo Gentiloni, the EU’s new economy commissioner, came after fears grew that an OECD effort to reach a […]

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