• Elon Musk says Tesla is a victim of
Elon Musk says Tesla is a victim of "extensive" sabotage

Tesla has been going through a hard time lately, facing safety questions over its Autopilot system, layoffs , and production issues with its Model 3 . Musk said the fire could just be a "random event", but quoted businessman and engineer Andrew Grove's famous line that "only the paranoid survive". "As you know there are a long list of orga...

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  • VW to Pick Schot as Audi Interim Chief After CEO Arrest
VW to Pick Schot as Audi Interim Chief After CEO Arrest

News of the arrest comes as Volkswagen's (VW) new group CEO Herbert Diess is trying to introduce a new leadership structure, which includes Stadler, to speed up a shift toward electric vehicles in the wake of its " dieselgate " troubles. Stadler has been with Volkswagen-Audi since 1994 and has held the top managerial spot at Audi since 2007, two ...

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  • Rents pricing out minimum-wage workers across the USA, report says
Rents pricing out minimum-wage workers across the USA, report says

In the Oakland metropolitan area, which includes Alameda and Contra Costa counties, renters earn an average of $22 an hour - much more than Oakland's $13.23 minimum wage . San Francisco tops the list for the cities with the most expensive housing wage. Lastly, Hawaii , the state with the most expensive housing: The minimum wage there is $10.10...

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  • Trump preps China tariff target list, Beijing ready to retaliate
Trump preps China tariff target list, Beijing ready to retaliate

But his plan to crack down on China has drawn wider support. Washington has also completed a second list of possible tariffs on another US$100 billion in Chinese goods, in the expectation that China will respond to the initial USA tariff list in kind, sources told Reuters.

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  • Judge clears AT&T takeover of Time Warner
Judge clears AT&T takeover of Time Warner

Justice Department attorneys argued in a six-week trial in a windowless Washington courtroom earlier this year that AT&T could use its control over popular Time Warner cable channels such HBO , TNT and CNN to slow the growth of popular streaming services and hike bills for cable-TV customers.

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  • 'This is huge:' North Korea agrees to return remains
'This is huge:' North Korea agrees to return remains

His statement follows a report from the New York Times, which criticized the White House for lacking a scientific advisory team. South Korean President Moon Jae-in on Tuesday hailed the outcome of the summit between President Trump and the North's leader Kim Jong Un as a "historic event" that ended the last Cold War conflict.

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  • Trump calls Canadian PM 'dishonest and weak'
Trump calls Canadian PM 'dishonest and weak'

Kudlow suggested Trump saw Trudeau as trying to weaken his hand before that meeting, saying the president won't "let a Canadian prime minister push him around". The G7 joint communique, which advocates a "rules-based trading system", was reached despite tension over U.S. tariffs on steel and aluminium imports, reported BBC .

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  • Porsche Taycan is the production name for the Mission E EV
Porsche Taycan is the production name for the Mission E EV

The Taycan will have an electric system output upwards of 600hp and a possible range of more than 500km on a full charge. Although the Taycan shares a similar silhouette to the Panamera saloon, the Tesla Model S rival will be more compact and cheaper; entry-level versions priced between £60,000 and £70,000 mean it will carry only a smal...

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  • ZTE has reached a deal to have USA sanctions lifted
ZTE has reached a deal to have USA sanctions lifted

ZTE also agreed to place US$400 million in escrow, money which the United States government can take if the Chinese company is found to be in violation again. Still, the resolution of the ZTE case may clear the way for the U.S. to make progress in its trade talks with China. "We are literally embedding a compliance department of our choosing in...

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  • Trump ramps up feud with Canada, France ahead of G-7 summit
Trump ramps up feud with Canada, France ahead of G-7 summit

Canada's Trudeau also slammed the tariffs after they were announced , calling them "totally unacceptable". "Prime Minister Trudeau is being so indignant, bringing up the relationship that the USA and Canada had over the many years and all sorts of other things...but he doesn't bring up the fact that they charge us up to 300% on dairy - hurt...

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  • Petrol prices in record monthly rise, says RAC
Petrol prices in record monthly rise, says RAC

Average gross retail margins have fallen compared to the previous quarter by 1.8 cents per litre to 12.4 cents but still remained well above the real long-term average of 8 cents per litre since the ACCC began monitoring petrol stations in 2002.

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  • Germany's Merkel to work with Italy's populist new govt
Germany's Merkel to work with Italy's populist new govt

The League and 5 Star each need to renegotiate treaties on budgets, migration and a variety of different points with the European Union. Macron wants a future EMF to act as a buffer in any future financial crises in the bloc, which was almost torn apart in a debt crisis in 2009.

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  • US TRADE WAR ramps up
US TRADE WAR ramps up

This kind of punch-counterpunch makes Canadians like Michael Seamen really nervous. Based on the solid rally in the stock market, I think investors are saying the countries involved don't have the fire power to retaliate strong enough to disrupt the US economy or dramatically effect corporate earnings.

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