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eBay reportedly getting close to selling its classified-ads unit to Adevinta

eBay is reportedly getting close to a deal to sell its classified-ads business to Adevinta, a Norwegian company that runs online marketplaces across Europe and Latin America. According to a Wall Stree

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Strengthened U.S. military presence undermines situation in South China Sea: Chinese ambassador

Chinese Ambassador to the United States Cui Tiankai said the strengthened U.S. military presence in the South China Sea has undermined the situation in the region. "Actually, without outside interfe

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EU recovery summit could end with no deal, says Merkel

German Chancellor Angela Merkel arrives for a meeting of the first face-to-face EU summit since the COVID-19 outbreak, Brussels, Belgium, July 19, 2020. /Reuters German Chancellor Angela Merk

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Activ Surgical raises $15 million to advance autonomous and collaborative robotic surgery

Boston-based startup Activ Surgical has raised a $15 million round of venture funding led by ARTIS ventures, and including LRVHealth, DNS Capital, GreatPoint Ventures, Tao Capital Partners and Rising

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EU has failed to halt decline of bees and butterflies, auditors say

European measures taken to protect bees and butterflies and prevent their decline across the bloc have been largely ineffective, auditors said on July 9. The European Court of Auditors looked at t

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German exports rebound less than expected in May

German exports rebounded less than expected in May as demand remained subdued despite the lifting of lockdown measures introduced to contain the spread of the coronavirus, data published on Thursd

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FAO launches 5-day event aimed at reforms to increase efficiency and effectiveness

Qu Dongyu, who took office on 1 August 2019 as Director-General of the Food and Agriculture Organization of the United Nations, has spent his life working on how to make sure the world is fed. (P

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Trump plans New Hampshire rally as he works to re-energize campaign

U.S. President Donald Trump plans an outdoor rally in New Hampshire on Saturday, the campaign's second event of the coronavirus era following one in Tulsa, Oklahoma, last month that failed to draw th

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Lydia expands credit offering in partnership with Younited Credit

French startup Lydia is announcing a new partnership with Younited Credit, which lets you borrow anything between €500 and €3,000 and pay back within 6 to 36 months. The feature will be released in Fr

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Would a Universal Basic Income avoid worker bailouts and end poverty?

06:09 Financial aid to workers during the coronavirus outbreak has raised the question of whether a Universal Basic Income (UBI) could be the answer to poverty.Prof Matt Smith, from th

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Party on water: 'Corona-proof' music festival takes place in Belgium

Most music festivals have been cancelled this summer in Belgium, but Paradise City Festival has found a workaround: It's allowing a limited number of visitors to attend concerts on small boats as

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Point launches new challenger bank with rewards on debit card purchases

Meet Point, a new challenger bank in the U.S. that has been available as a private beta for the past year. Today, the company is launching a major new version of its service and opening its doors to e

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It is rocket science: EU to speed up space ambitions, Breton says

The European Union will plow more money into rocket launches, satellite communication and space exploration to preserve its often unsung successes in space, its space chief said on Sunday.Over the

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Dead dolphins wash up on France's shores in record numbers

Dead dolphins are washing up on France's Atlantic coast in such high numbers that local populations of the mammals are at risk, marine biologists say.The overwhelming majority drowned in the nets of

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Philippines' Duterte calls for cohesive ASEAN response to defeat COVID-19

MANILA, June 26 (Xinhua) -- Philippine President Rodrigo Duterte said on Friday that only "a cohesive and responsive" ASEAN (the Association of Southeast Asian Nations) can help Southeast Asia safely

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Databricks acquires Redash, a visualizations service for data scientists

Data and analytics service Databricks today announced that it has acquired Redash, a company that helps data scientists and analysts visualize their data and build dashboards around it.Redash’s

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U.S. economist: restrictions on Huawei overstep trade deal with China

A Huawei store in Shanghai, China, June 23, 2020. /VCG The United States has "overstepped" the China-U.S. phase-one economic and trade agreement by imposing export controls on Huawei, said a r