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Shell to write down as much as $22 billion in wake of coronavirus

Royal Dutch Shell on Tuesday said it will write 22 billion U.S. dollars off the value of its assets after sharply lowering its oil and gas price outlook in the wake of the coronavirus pandemic.The

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Mobile developer Tru Luv enlists investors to help build a more inclusive alternative to gaming

Developer and programmer Brie Code has worked at the peak of the video game industry – she was responsible for many of the AI systems that powered non-player character (NPC) behavior in the extremely

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Amazon eliminates single-use plastic in packaging in India

Amazon said on Monday it has eliminated all single-use plastic in its packaging across its fulfillment centers in India, delivering on a pledge it made last year to achieve this goal by June.The Amer

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The New Normal: Aviation

03:44 As the COVID-19 pandemic deals a crushing blow to businesses and international trade across the globe, one of the worst-hit has been commercial aviation.With passenger traffic al

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American Airlines CEO sees 10%-20% extra staff in July 2021

American Airlines Group Inc expects to have between 10 percent and 20 percent more workers than needed in July 2021, Chief Executive Doug Parker told employees at a town hall this week, and said that

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China football clubs preparing for top league to restart in late July

Chinese top-flight clubs are preparing for the delayed 2020 season to restart on July 25, according to local media report on Saturday. The new season of the Chinese Su

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The Exchange: IPO season, self-driving misfires and a fintech letdown

Welcome to The TechCrunch Exchange, a forthcoming weekly newsletter from the TC crew about startups, money, and markets. You can sign up for it here, and receive it regularly when it formally launches

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Amazon to acquire autonomous driving startup Zoox

Amazon has announced that it will acquire Zoox, a self-driving startup founded in 2014, which has raised nearly $1 billion in funding and which aims to develop autonomous driving technology, includin

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Vaccine makers face biggest medical manufacturing challenge in history

Developing a COVID-19 vaccine in record time will be tough. Producing enough to end the pandemic will be the biggest medical manufacturing feat in history. That work is underway.From deploying expert

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Spotlight: From small step to giant leap, China makes tangible contributions to UN peace operations

by Xinhua writer Wang Jiangang Some 40,000 Chinese "blue helmets" have already been dispatched to conflict-affected countries and areas in 25 UN peace operations over

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Lordstown debuts a $52,500 electric pickup alongside a campaigning Mike Pence

Lordstown Motors unveiled Thursday a prototype of its electric future, a pickup truck with four in-wheel hub motors and a few other features all aimed squarely at attracting contractors and other buye

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Global Business Daily: Ford goes 5G, airline infighting, green promise

"It [Lufthansa] needs it as a war chest to fight off competition, it doesn't need it to survive."A strong accusation from Ryanair's chief legal officer, Juliusz Komorek, who expressed his anger at th

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UK climate change report: Six key points

A coal-fired power plant and a BP refinery beside a wind generator in Gelsenkirchen, Germany. /Martin Meissner/AP Photo On Thursday, the UK's Committee on Climate Change released its progress

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Amazon really just renamed a Seattle stadium ‘Climate Pledge Arena’

As perennial front runner for the title of probably-the-most-evil tech company, Amazon has a long way to go to rehabilitate its image as a take-no-prisoners, industry-consolidating wealth machine.In

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Pinewood Atlanta Studios outlines safety measures as it prepares to restart movie and TV production

Frank Patterson, president and CEO of Pinewood Atlanta Studios, said that in March, his studio was “utterly full” with two major films and three streaming shows in production. (Pinewood do

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Hopin raises $40M Series A as its virtual events business accelerates

This morning Hopin, a London-based startup building virtual events technology, announced that it has raised a $40 million Series A led by IVP. According to the company, Salesforce’s corporate ve

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Slice raises $6M to help young Indians pay digitally and build credit score

The streets of Koramangala, one of the largest neighborhoods in Bangalore, are plastered with hoardings and banners of digital payment services. Every few steps, you find a bank, and offices of fintec