• China's economic growth the lowest in 27 years

      China's economic growth the lowest in 27 years

      China released on Monday its second-quarter figures on Monday and they are showing that country's economy slowed to 6.2% - the weakest rate in at least 27 years, as the country’s trade war with the US remains still unsolved. The 6.2% growth from a year ago is in line with the expectations of analysts polled by Reuters, but is way lower than the 6.4% year-on-year growth in the first quarter of 2019.

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    • First quantum entanglement image captured

      First quantum entanglement image captured

      Quantum entanglement, where two objects become intertwined and remain so no matter the distance that grows between them, is a tricky phenomenon to study let alone photograph. But scientists from the School of Physics and Astronomy to University of Glasgow have now managed the latter, capturing an image of this strange bond for the first time.

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    • US, China resume trade talks

      US, China resume trade talks

      Top US and Chinese trade officials relaunched trade talks as Washington and Beijing work to iron out a trade deal after a two-month hiatus. According to American media, US Trade Representative Robert Lighthizer and Treasury Secretary Steven Mnuchin spoke on the phone to Chinese Vice Premier Liu He and Commerce Minister Zhong Shan “to continue negotiations aimed at resolving the outstanding trade disputes” between the world’s two largest economies.

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    • IBM patents origami smartwatch tech

      IBM patents origami smartwatch tech

      The American IT company IBM is not the one to make any of the mobile devices people carry these days - smartwatches, phones, tablets, or laptops - but that isn’t stopping the legendary computing pioneer from patenting ideas that might become viable in the future.

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    • Google reveals new Stadia details

      Google reveals new Stadia details

      You do not have to wory anymore! You will now lose access to your games on Google Stadia even if its publisher decides to exit the platform. That's one of the things the tech giant has revealed in a comprehensive update to the service's FAQ where it said that once you purchase the game on its platform, you will own the right to play it. That means one wlll still be able to access it even if time comes that it's no longer available for purchase.

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    • Boeing loses $6bn order to Airbus

      Boeing loses $6bn order to Airbus

      Saudi Arabia’s flyadeal is terminating a prior order for Boeing’s 737 Max jet and is switching to European rival Airbus, in what is seen as the latest blow to the American manufacturer as it seeks to return the beleaguered fleet to flight after two fatal crashes. The budget airline, which in December said it would purchase 50 Max jets, announced on Monday that it will instead purchase 50 Airbus A320neo narrow-body jets, a direct rival to Boeing’s update to the popular 737 airliner.

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    • Deutsche Bank with major restructuring plan

      Deutsche Bank with major restructuring plan

      Deutsche Bank announced Sunday that it will pull out of global equities sales and trading, scale back investment banking and slash thousands of jobs as part of a sweeping restructuring plan to improve profitability. The German bank's strategic transformation is now expected to cost €7.4bn by the end of 2022.

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    • British Airways faces $230m fine over data breach

      British Airways faces $230m fine over data breach

      The UK’s data watchdog has issued a "notice of intent" that it plans to fine the airline British Airways a record $230m after last year website failure compromised the personal details of roughly 500,000 customers, violating EU's General Data Protection Regulation (GDPR). According to the Information Commissioner’s Office (ICO) it was company's '“poor security arrangements” that lead to the breach of credit card information, names, addresses, travel booking details, and logins of its customers.

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    • EU nations vote against a wi-fi-based car standard

      EU nations vote against a wi-fi-based car standard

      European Union's Member States voted on Thursday against the bloc executive’s proposal for a wi-fi-based car standard in a blow to its backer Volkswagen, Reuters reported, citing an EU official. According to the media's source, 21 EU nations - including Germany, France and Italy which have powerful auto industries - stood against the proposal at a meeting of EU representatives in Brussels of the bloc’s 28 Member States.

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