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Solar Power Is Beginning to Eclipse Fossil Fuels Electricity from sunlight costs less to generate in India than from coal, a sign the clean-energy source will play a big role as developing nations build out their power grids. Panels at a solar-power plant in Bhadla, India. money sharma/Agence ...
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Apple warns coronavirus will hurt iPhone supply and its quarterly revenue The coronavirus, first detected in China, is hurting tech companies like Apple. Getty Images. The coronavirus is taking a bigger toll on Apple's operations than it thought, and iPhone buyers around the world could see a shortage. The electronics giant on ...
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Facebook pushes EU for dilute and fuzzy internet content rules Facebook founder Mark Zuckerberg is in Europe this week — attending a security conference in Germany over the weekend where he spoke about the kind of regulation he'd like applied to his platform ahead of a slate of planned meetings with digital ...
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Facebook asks for a moat of regulations it already meets It's suspiciously convenient that Facebook already fulfills most of the regulatory requirements it's asking governments to lay on the rest of the tech industry. Facebook CEO Mark Zuckerberg is in Brussels lobbying the European Union's regulators as they form ...
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Oil prices steady as coronavirus-related demand concerns weigh SINGAPORE (Reuters) - Oil prices were little changed on Monday as concerns of falling fuel demand caused by the economic fallout from the coronavirus outbreak in China was offset by expectations that output cuts from major producers will tighten crude ...
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Oil traders rent South Korean storage after virus hits China demand LONDON/SINGAPORE (Reuters) - Several top trading houses have rented millions of barrels of crude storage in South Korea this month to hold excess oil supplies after the coronavirus outbreak dampened demand in China, the world's largest importer, ...
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As Walmart grows in e-commerce, investors look for a plan to stem the losses As Walmart's online sales grow, the retailer has seen another number grow, too: Its e-commerce losses. Analysts are waiting to see whether those losses have peaked or if they'll continue to rise. The Bentonville, Arkansas-based retailer is spending heavily to ...
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UPDATE 2-Euro zone ministers discuss fiscal boost options as virus worries weigh (Adds final Eurogroup press conference). By Francesco Guarascio. BRUSSELS, Feb 17 (Reuters) - Euro zone finance ministers discussed ways to pursue a more growth-friendly fiscal policy mix on Monday, in a potential nudge to Germany and the ...
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Elon Musk Has Changed Investors' Views on the Electric Car As longtime auto makers try to sell investors on their visions for the future, they keep hearing the same thing: What about Tesla? Investors increasingly see the future of the car as electric—even if most car buyers haven't yet. And lately, those investors are ...
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Japan's recession risks grow as economy skids in fourth-quarter, virus clouds outlook TOKYO (Reuters) - Japan's economy shrank at the fastest pace in almost six years in the December quarter as last year's sales tax hike hit consumer and business spending, highlighting a fragile outlook made worse by growing coronavirus risks.
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