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China’s machine makers look for a scapegoat

For all the talk of China’s industrial ambitions and trappings of dominance, the truth is its companies can’t keep up with the competition. China’s Ministry of Commerce opened an anti-dumping investigation into Japanese and Taiwanese exporters of vertical-machine centers – core-equipment manufacturing facilities for autos and other high-tech processes – after complaints by a group of Chinese companies. The probe ...

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Greece is actually trapped in its banking crisis

If you thought Greece’s ordeal was over, think again. Months after exiting its international rescue program, the country faces renewed trouble in its banking system. There is no easy fix: money is short and investor patience thin. But it looks increasingly like the gradual approach pursued by Athens and the euro zone authorities is running out of steam. Lenders still ...

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Now, save your data in personal space

Bloomberg Servers make the modern internet possible. Millions of these workhorse computers hum away in remote data centers of Alphabet Inc’s Google, Amazon.com Inc and Microsoft Corp running websites, sending information to smartphone apps and crunching data for cloud-based software programs. Privacy Labs Inc, a startup based near Microsoft headquarters just outside Seattle, wants to upend all this in the ...

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