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‘Rudely trampling on international trade rules': Chinese media beat drum against US

Commentaries in the People’s Daily, China’s top newspaper, likened the United States to a bull in a China shop running roughshod over the rules of global trade.

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Lawsuits accuse Tesla’s Musk of fraud over tweets, going-private proposal

Tesla and Chief Executive Elon Musk were sued twice on Friday by investors who said they fraudulently engineered a scheme to squeeze short-sellers.

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The US-China trade war is worrying some Hong Kong-owned manufacturers, CEO says

Hong Kong-owned factories in China are growing concerned about the escalating U.S.-China trade war. Some are even thinking about shifting operations elsewhere, one CEO said.

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Trump says progress made toward trade deal with Mexico, but ‘Canada must wait’

“Canada must wait. Their Tariffs and Trade Barriers are far too high. Will tax cars if we can’t make a deal!” U.S. President Donald Trump said.

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Markets stage a mid-August pivot, on the watch for fallout from Turkey’s currency crisis

A new air of cautiousness is hanging over markets, and it could continue in the week ahead as investors navigate Turkey’s currency collapse and the fallout across global markets.

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Turkey fallout could continue to hit global markets, as Erdogan ‘hangs tough’

Turkey’s collapsing currency and reeling economy have fallout for other emerging markets and expose vulnerabilities at some European banks, but strategists do not now see it as a trigger for a broader banking or financial crisis.

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Elon Musk takes Trump-style Twitter trash talk to the business world

At a quick glance, Donald Trump and Elon Musk couldn’t be more different. But if you dig beneath the surface the similarities between the two charismatic leaders on social media are hard to miss.

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There are big doubts about how Musk will pull off the Tesla buyout, but Morgan Stanley may have found a way

Morgan Stanley looks at the various funding options available to finance Tesla CEO Elon Musk’s plan to take the carmaker private.

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Soccer clubs in the U.K.’s Premier League are spending huge sums on an unlikely position

Premier League teams spent £1.2 billion buying players in the first shortened summer transfer window.

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Facebook says it is committed to Uganda despite social media tax to quash ‘gossip’

Facebook has confirmed its commitment to Uganda as a row rumbles on over a recently imposed tax on social media use in the East African country.

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