Australia's Genex pumped hydro project funding falls through, shares tank

Australia's Genex Power Ltd on Friday said it won't be able to line up funding for its pumped hydro project until next year, after failing to sign a power sale agreement from the project.

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South Africa's Taste Holdings plans to exit food business, sells Starbucks

South Africa's Taste Holdings said on Friday it had sold its Starbucks business for 7 million rand ($464,200) and was also considering selling others in its food business, including Domino's Pizza, as part of a new plan to become a luxury retail group.

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Nokia eyes Malaysian ports for 5G business as Huawei takes early lead

Nokia is targeting Malaysian ports in a bid to get a share of the country's fifth-generation (5G) technology market, as the Southeast Asian country prepares to launch the ultra-fast mobile internet service next year.

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General Motors strike looms over U.S. October job growth

U.S. job growth likely slowed sharply in October, weighed down by a strike at General Motors , while the unemployment rate is expected to tick up from near a 50-year low of 3.5%.

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Oil prices edge up, but set for big weekly loss on rising output, trade woes

Oil prices edged up on Friday after a difficult week, but were still headed for losses of about 4%, hit by a combination of rising global supply and uncertain future demand.

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China rolls out 'one of the world's largest' 5G networks

By the end of the year, China's will be one of the world's largest 5G deployments, state media said.

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Asian shares turn higher after positive China data

Asian shares reversed early losses on Friday as an unexpected bounce in Chinese manufacturing activity offset some negativity cast by a Bloomberg news report that raised doubts over whether the United States and China can reach a long-term trade deal.

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Several automakers back Trump in two other California vehicle emissions suits

General Motors Co, Toyota Motor Corp, Fiat Chrysler Automobiles NV and other major automakers late Thursday sought to intervene on the side of the Trump administration in two additional legal challenges to its efforts to bar California from setting tailpipe emissions standards.

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China to use import fair to highlight trade credentials

China will use a giant import fair in Shanghai next week to try to showcase its free trade credentials, temper criticism of its policies and deepen its global economic influence at a time of fresh uncertainty over the China-U.S. trade war.

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Oil prices stabilize, but set for big weekly loss amid trade gloom, rising output

Oil prices steadied on Friday after a rough week, squeezed about 4% lower by a combination of rising global supply and uncertain future demand.

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Asda: Workers rejecting new contract face the sack

The supermarket's workers have until Saturday night to agree new contracts or face dismissal.

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Asian shares slip on trade deal worry, dollar defensive

Asian shares fell on Friday in a weak start to the month and off three-month highs struck this week on fresh concerns over Sino-U.S. trade prospects and ahead of U.S. economic data, while the dollar eased against major rivals.

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Canada denies sharing Huawei CFO Meng's devices details with FBI: court documents

The Canadian attorney general has filed affidavits asserting that information identifying Huawei Chief Financial Officer Meng Wanzhou's electronic devices was not shared with the United States Federal Bureau of Investigation (FBI) during her December 2018 arrest in Vancouver, court documents showed on Thursday.

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Social media "face" off round #2: Mark Zuckerberg vs Aaron Sorkin

Social media "face" off round #2: Mark Zuckerberg vs Aaron Sorkin



Sorkin wrote a scathing letter criticizing Facebook's policy regarding political ads.

Whirlpool 'silenced customers' amid tumble dryer fire scare

MPs criticise the maker's use of non-disclosure agreements and its response to tumble dryer fires.

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Facebook’s Zuckerberg, Sandberg under fire in Washington and Menlo Park

Facebook’s Zuckerberg, Sandberg under fire in Washington and Menlo Park



Some shareholders are anxious over Zuckerberg and Sandberg's handling of politically sensitive issues

Samsung Elec upbeat on chip outlook as third-quarter profit plunges

Samsung Electronics Co Ltd said chip sales should pick up next year after it reported on Thursday that third-quarter operating profit more than halved due to low prices of memory chips amid a prolonged industry downturn.

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