United States · Business
Same event, multiple sources, transparently cited.
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Ocado to Upgrade and Manage Asda’s Online Grocery Sales and Deliveries from 2027
Ocado Group will replace and run Asda’s online grocery platform and deliveries starting early 2027.
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China’s Wuxi Taclink plans potential secondary listing in Singapore, may raise $156M
Wuxi Taclink Optoelectronics is considering a secondary share sale in Singapore, targeting at least S$200 million, marking a potential first for a mainland-traded company [s1,s2].
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US and Canada near trade deal to cut tariffs on key goods including agriculture and autos
The US and Canada are finalizing a trade deal to reduce tariffs on goods including agriculture, autos, steel, and liquor, officials say.
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US Justice Department Defends Prosecution of James Comey Over Threatening Seashells Post
The US Justice Department defended its prosecution of James Comey for a social media post interpreted as threatening President Trump.
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US Bitcoin ETFs see $2.8 billion outflows in longest streak since launch
US spot-Bitcoin ETFs recorded $2.8 billion in net outflows over nine straight days in May, marking their longest withdrawal streak since January 2024 launch.
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HSG emerges as top bidder to buy Blackstone’s 45% stake in Leica Camera AG
HSG is leading the bid to acquire Blackstone Inc.’s 45% stake in German camera maker Leica Camera AG.
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India Lowers 2026 Monsoon Rainfall Forecast to 90% of Normal, Raising Crop and Inflation Concerns
India revised its June-September 2026 monsoon rainfall forecast to 90% of the long-term average, citing a likely El Niño event and raising concerns over crops and inflation.
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US 30-year Treasury yield hits highest since 2007 amid inflation and debt concerns
US 30-year Treasury yield climbed above 5.3%, the highest since 2007, driven by inflation fears, rising debt, and large corporate bond issuances.
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US Treasury to Double Long-Term Bond Buybacks to Curb Rising Yields
The US Treasury announced it will at least double buybacks of 10- to 30-year bonds to ease rising yields hitting multi-decade highs.
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Amazon to Expand Prime Air Drone Delivery to 500 US Cities by End of 2026
Amazon announced plans to expand its Prime Air drone delivery service to nearly 500 US cities by the end of 2026, a sixfold increase from current sites.
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NASA releases new images of crater from SpaceX Falcon 9 impact on Moon
NASA's Lunar Reconnaissance Orbiter captured new photos of an 18-meter-wide crater formed by SpaceX Falcon 9 impact on August 5, 2026.
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US pauses new 50% tariffs on $20B in Canadian goods amid trade talks
US President Donald Trump announced a three-day pause on new 50% tariffs on Canadian imports pending a trade deal finalization.
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Disney's ABC Files Early FCC License Renewal Following Trump-Pressured Investigation
Disney's ABC filed early license renewal applications for eight TV stations with the FCC after an unprecedented investigation linked to President Trump's pressure.
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Oil prices fluctuate amid US-Iran tensions and Strait of Hormuz shipping talks
Oil prices have swung in late August 2026 amid US sanctions on Iran, stalled diplomacy, and talks between Iran and Oman on Strait of Hormuz shipping.
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AI insurance platform Corgi raises $106 million at $2.6 billion valuation
Corgi closed a $106 million Series B1 funding round at a $2.6 billion valuation on May 28, 2026.
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Costco reports strong Q3 with record sales and unprecedented fuel demand
Costco reported stronger-than-expected Q3 earnings on May 10, boosted by high membership renewal and record fuel demand.
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US college students show mixed reactions to AI integration amid growing campus partnerships
US colleges partner with AI firms while students balance concerns and career adaptations around AI technology.
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Stocks rise on Iran cease-fire hopes and AI-driven market optimism
US stocks gained as hopes for an Iran ceasefire boosted travel shares and AI market optimism lifted broader indices.
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Dell forecasts $167B revenue, Snowflake signs $6B Amazon cloud deal amid strong Q1 results
Dell, Snowflake, Best Buy, Dollar Tree, and others reported quarterly financial results and strategic deals in late May 2026.
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Global interest rates rise amid inflation and fragile bond markets, experts warn
Interest rates surged worldwide with bond market selloffs and inflation pressures driven by demographics, debt, and AI growth.
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U.S. personal savings rate falls to 2.6%, lowest since mid-2022 amid rising inflation
The U.S. personal savings rate dropped to 2.6% in April 2026, the lowest since mid-2022, as inflation rises and consumer spending grows despite declining incomes.
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Apple revises EU App Store fees, simplifies commission structure to comply with Digital Markets Act
Apple announced a new simplified fee structure for EU apps, effective October 1, 2026, changing commissions and allowing third-party app stores.
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White House honors gorilla Harambe on 10th anniversary of his death
The White House posted a viral tribute on social media marking 10 years since Harambe was shot at Cincinnati Zoo.
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Morgan Stanley says AI could cut up to 20% of jobs in European banks over five years
Morgan Stanley analysts estimate AI could reduce European bank headcounts by 10%-20% while boosting productivity by 30%.