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Facebook in talks to produce original TV-quality shows: WSJ

Getty Images Facebook CEO Mark Zuckerberg delivers the keynote address at Facebook’s F8 Developer Conference on April 18, 2017 at McEnery Convention Center in San Jose, California. Facebook is in talks with Hollywood studios about producing scripted, TV-quality shows, with an aim of launching original programming by late summer, the …

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Fridman’s L1 Retail to buy Holland & Barrett for around $2.3 billion: Source

John Keeble | Getty Images Russian billionaire Mikhail Fridman’s fund L1 Retail has agreed to buy health food chain Holland & Barrett for about 1.8 billion pounds, Reuters reported citing an unnamed source. Russian billionaire Mikhail Fridman’s fund L1 Retail has agreed to buy health food chain Holland & Barrett …

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British lawmakers hit by cyber security attack

Clodagh Kilcoyne | Reuters The Union Flag flies near the Houses of Parliament in London, Britain, June 7, 2017. Britain’s parliament was hit by a cyber attack on Saturday in which hackers tried to access email accounts, politicians and officials said, just over a month after a ransomware attack crippled …

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Istanbul bans gay and transgender pride march for second year

David McNew | Reuters Kristen Jaeger holds a sign of remembrance for mass shooting victims in Orlando, at the 46th annual Los Angeles Gay Pride Parade in West Hollywood, California, U.S. June 12, 2016. Istanbul’s governor has banned a gay and transgender pride march which was due to take place …

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China’s top banking regulator tells banks to push forward with reform

Brent Lewin | Bloomberg | Getty Images The Agricultural Bank of China Ltd. Guangdong branch, left, stands near high-rise construction projects in the Zhujiang New Town district of Guangzhou, Guangdong Province, China. Beijing is promoting supply-side structural reform as a solution to industrial capacity and cutting its reliance on debt-driven …

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London high-rises evacuated as fire precaution

Hannah McKay | Reuters Tower blocks on the Chalcots estate are seen in Camden after the local council announced they would be removing alumium cladding in light of the fire at the Grenfell Tower, in London, Britain, June 22, 2017. The London borough of Camden says it has begun evacuating …

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Takata reportedly planning to file for bankruptcy

Kazuhiro Nogi | AFP | Getty Images The logo of the Japanese auto parts maker Takata is displayed at a car showroom in Tokyo on January 13, 2017. Takata’s board is convening to review bankruptcy plans over the weekend, The Wall Street Journal reported, citing sources. The company is planning …

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China’s plan to develop Asian infrastructure could cost trillions, and there’s far from enough money right now

Bria Webb | Reuters Member of the Chinese delegation Xiao Weiming answers a question during “China and the U.S.: One Belt, One Road and 100-Day Plan,” a discussion hosting high-level delegation of Chinese leaders, in New York, June 14, 2017. China’s flagship One Belt, One Road infrastructure program has far …

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Here’s why the Bank of England’s hawks are getting it wrong over calls for a rate hike

Paul Hackett | Getty Images Pedestrians walk past the Bank of England in the City of London, Britain June 28, 2016. The BOE’s monetary policy committee is at its most divided over interest rates since 2011 and Haldane, previously considered to be one of the most dovish members, has now …

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China set to host World Economic Forum meeting in Dalian

Jason Lee | Reuters China’s Premier Li Keqiang answers a question during a meeting with foreign company executives at the World Economic Forum (WEF) in China’s port city Dalian, September 9, 2015. “Technology and China — these two words actually go together now,” said Jenny Lee of GGV Capital. “It …

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