Emirates to get 30 Boeing 787 Dreamliners for $8.8 billion

Emirates to get 30 Boeing 787 Dreamliners for $8.8 billion

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The Middle East’s biggest carrier, the Dubai-based Emirates, announced on Wednesday a firm order for 30 Boeing 787 Dreamliners in a deal valued at $8.8 billion. Emirates CEO and Chairman Sheikh Ahmed bin Saeed Al Maktoum said this order replaces an agreement for 150 777x Boeing to 126 of that aircraft, and adds 30 of […]

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ECB not close to reversal rate: de Guindos By Reuters

ECB not close to reversal rate: de Guindos By Reuters

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FRANKFURT (Reuters) – European Central Bank interest rates are not yet close to the so-called reversal rate, where low rates actually hamper the banking sector rather than stimulate lending, ECB Vice President Luis de Guindos said on Wednesday. The negative side effects of the ECB’s ultra loose policy are nevertheless becoming more evident and require […]

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Column: Gannett/GateHouse merger bodes ill for future of local news

Column: Gannett/GateHouse merger bodes ill for future of local news

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The merger of the big newspaper chains Gannett and GateHouse Media, which became final Tuesday, will create a “stronger” and “more viable” print and digital news enterprise “with deep local roots and national scale.” That’s the optimistic view mouthed by Michael Reed, the CEO of New Media Investment Group, GateHouse’s parent, on Nov. 14 after […]

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Google's do-good arm tries to make up for everything else

Google’s do-good arm tries to make up for everything else

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Google’s head of philanthropy says the company is having “a lot of conversations” internally amid worries about the tech giant’s bottomless appetite for consumer data and how it uses its algorithms. Vice President Jacqueline Fuller wouldn’t comment on specific data privacy controversies dogging Google lately, but says she shares other concerns many have about Big […]

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Trump demands were ‘improper’, says White House official

Trump demands were ‘improper’, says White House official

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Lieutenant Colonel Alexander Vindman, a US National Security Council official, said President Donald Trump made “inappropriate” demands in his July 25 phone call with Ukrainian president Volodymyr Zelensky that sparked the impeachment inquiry. Col Vindman and Jennifer Williams, an aide to vice-president Mike Pence who also appeared on Tuesday, were the first officials with first-hand knowledge […]

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