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‘Prime’ price hike not dented membership

Bloomberg Amazon.com Inc.’s increase earlier this year to the price of Prime membership hasn’t blunted momentum for the popular subscription program that boasts more than 100 million global members, a company executive said. “We continue to see the same trends” since the price hike — to $119 a year from $99 — was announced in April, Amazon Prime VP Cem ...

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UK unveils ‘Tempest’ fighter jet model for post-Brexit era

Bloomberg UK Defence Secretary Gavin Williamson unveiled a full-sized model of a new fighter plane at the Farnborough air show in a bid to show that the nation plans to remain a leading military power after Brexit. Williamson announced $2.6 billion of government funding for a concept aircraft through 2025, when a final decision would be taken on the programme’s ...

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Trump says US to compete with Russia for Europe gas market

Bloomberg US President Donald Trump eased his tone about a Russian natural gas pipeline to Germany after a one-on-one meeting with President Vladimir Putin, shifting from the harsh criticism he’d levied in Europe last week. “We are going to be selling LNG and will have to be competing with the pipeline and I think we’ll compete successfully, although there is ...

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