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EU Launches 'In-Depth' Probe of Google Bid for Fitbit

The European Commission launched an "in-depth investigation" on Tuesday into whether U.S. tech giant Google's planned $2.1 billion purchase of smartwatch maker Fitbit would give it an unfair market advantage.

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Ford Announces New CEO as It Eyes Bigger Electric Push

Ford announced Tuesday that Jim Hackett would resign as chief executive and be replaced by longtime auto executive Jim Farley as the car giant pushes further into digital and electric investment.

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Disabled Gaza Couple Make Dolls to Give Their Children 'Decent Life'

With skilled fingers, disabled Gazan couple Nihad and Zeinab Jarboa have supported themselves by sewing finely detailed dolls and costumes, but coronavirus has hurt their already meager income.

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Trump Gives TikTok 6 Weeks to Sell Itself to U.S. Company

US President Donald Trump gave popular Chinese-owned video app TikTok six weeks to sell its US operations to an American company, saying Monday it would be "out of business" otherwise, and that the government wanted a financial benefit from the deal.

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HSBC Profits Hammered by Pandemic and Soaring U.S.-China Tensions

HSBC on Monday said profits for the first half of 2020 plunged by 69 percent on year as the banking giant was hammered by the coronavirus pandemic and spiralling China-US tensions.

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Pandemic an 'Apocalypse' for Restaurants in U.S.

For Gabriel Gordon and his wife Lena, the small restaurant they opened 14 years ago in the coastal California town of Seal Beach was a dream project and the cornerstone of their future success.

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Siemens Healthineers to Buy U.S. Cancer Specialist for $16.4 Billion

Siemens Healthineers, the German conglomerate's medical devices arm, said Sunday it has agreed to buy U.S. cancer treatment specialist Varian for $16.4 billion.

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British Airways Pilots Back Job Loss Deal

British Airways pilots have overwhelmingly voted to accept a deal cutting wages by 20 percent with 270 jobs lost, according to aviation union BALPA.

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Asia Markets Sink as Dour US Data Reinforces Worries over Virus

Asian markets struggled and the dollar extended losses Friday as data showing the US suffered its worst quarter on record highlighted the impact of the virus on the global economy.

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Eni Trims Production Forecast after Massive Loss

Italian oil and gas firm Eni cut its annual production forecast on Thursday for the third time this year after recording a steep quarterly net loss as crude prices plunged due to the coronavirus pandemic. 

Eni said its now expects production of 1.71 to 1.76 million barrels per day in 2020, down from an earlier forecast of 1.75 to 1.80 million barrels per day, and well below its 1.87 million barrels per day in 2019.

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