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Glencore unit receives subpoena from US Department of Justice

Alessandro Della Bella | Bloomberg | Getty Images Glencore headquarters in Baar, Switzerland, Sept. 30, 2015. Glencore Plc said a subsidiary had received a subpoena from the U.S. Department of Justice requesting documents and records on compliance with the Foreign Corrupt Practices Act and U.S. money laundering statutes. The documents …

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US government asks FCC to deny China Mobile’s license request

Zhang Peng | LightRocket | Getty Images  The logo of telecommunications company China Mobile is seen on a building in Beijing, China.  The U.S. National Telecommunications and Information Administration recommended on Monday that the Federal Communications Commission deny China Mobile’s application to offer telecommunications services from within the United States …

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Horst Seehofer reaches deal with Angela Merkel, drops threat to quit

TF-Images |  Getty Images Chancellor Angela Merkel receives flowers by CSU leader Horst Seehofer on December 15, 2017 in Nuremberg, Germany.  Germany’s interior minister Horst Seehofer dropped his threat to quit after hours of talks with Chancellor Angela Merkel’s Christian Democrats (CDU), saying the two conservative parties had the tightened …

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Facebook privacy bug unblocked people who had been blocked

Matt McClain | The Washington Post | Getty Images Facebook CEO, Mark Zuckerberg A Facebook bug briefly unblocked people on Messenger who had previously been blocked, opening the door to unwelcome messages and exposing otherwise hidden posts, the company said Monday. The bug affected up to 800,000 users and has …

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Thyssenkrupp CEO Hiesinger tells EU to protect steel industry from China

Krisztian Bocsi | Bloomberg An employee beside a blast furnace cast house at ThyssenKrupp AG’s steel plant in Duisburg, Germany. In a bid to remain competitive, Thyssenkrupp and India’s Tata Steel signed a deal Saturday to become Europe’s second-largest steel firm. The new formed alliance, called Thyssenkrupp-Tata Steel, will employ …

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Trump’s Iran policy may cause pain at the gas pump ahead of elections

Given those obstacles, crude oil prices could rise enough to offset the seasonal decline in gasoline prices that Americans usually enjoy in the autumn, said Andrew Lipow, president in Lipow Oil Associates. If Brent crude rises another $10 to $90 a barrel, the cost of a gallon of regular gasoline …

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Hyundai says US car tariffs would harm security ties over North Korea

SeongJoon Cho | Bloomberg | Getty Images A South Korean national flag, center, and U.S. national flags fly at the Imjingak pavilion near the demilitarized zone (DMZ) in Paju, South Korea, on Saturday, April 29, 2017. Hyundai Motor cautioned the U.S. administration that imposing up to 25 percent tariffs on …

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Leftist Lopez Obrador to be next president

Getty Images Presidential candidate Andres Manuel Lopez Obrador speaks at the final event of the 2018 Presidential Campaign at Azteca Stadium on June 27, 2018 in Mexico City, Mexico.  One exit poll by polling firm Parametria showed Lopez Obrador, a former Mexico City mayor, winning between 53 percent and 59 …

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Trump team reportedly drafted a bill that abandons key WTO rules

Getty Images President Donald Trump talks to reporters as he departs the White House June 8, 2018 in Washington, DC. President Donald Trump’s administration has drafted a bill that allows the White House to unilaterally raise tariffs without congressional consent, Axios reported late on Sunday. If the legislation goes ahead, …

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German Interior Minister Seehofer reportedly offers to resign

Carsten Koall | Getty Images German Interior Minister Horst Seehofer arrives for the weekly government cabinet meeting in Berlin, Germany. German Interior Minister Horst Seehofer has offered to resign as both minister and as chairman of Bavaria’s Christian Social Union at a closed meeting of the party’s presidency, party sources …

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