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Greek PM survives no-confidence vote over Macedonia agreement

Bloomberg Greek PM Alexis Tsipras survived a no-confidence vote in parliament, securing support to move forward to sign an agreement with the Republic of Macedonia and to continue governing until his term expires in 2019. A total of 153 lawmakers in the 300-seat chamber voted against the opposition-backed motion, the parliament speaker said after the session in Athens, against 127 ...

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Trade war hits US as China targets farms

Bloomberg China’s response to US tariffs aims to hit the Trump administration right in its natural resources. The world’s largest commodities consumer said it will levy a first round of tariffs on $34 billion worth of US agriculture products, as well as automobiles, starting from July 6. Another $16 billion in goods, including coal and oil, will be subject to ...

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ZTE’s $2.7bn loss shows tough challenges

Bloomberg ZTE Corp. unveiled a settlement with the US government to rescue the Chinese telecom-equipment maker. But investors put a steep initial estimate on the cost of the deal: at least $2.7 billion. ZTE agreed to pay at least $1 billion in penalties and overhaul its leadership to escape essentially a death sentence. That still leaves it with the challenge ...

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