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Battered islands in crosshairs as Hurricane Maria speeds up

Bloomberg For the third time this month, a hurricane is spinning towards the already battered Caribbean and gathering strength along the way. The National Hurricane Center (NHC) upgraded tropical storm Maria to a hurricane as winds picked up to 150 kilometres per hour by Monday morning. The storm, 100 miles east of Martinique, is intensifying, and hurricane warnings have been ...

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Slack gets slice of SoftBank’s $100bn tech bounty

Bloomberg Slack Technologies Inc. closed a $250 million funding round led by SoftBank Group Corp.’s Vision Fund, giving it more ammunition for expansion in an increasingly competitive market for workplace messaging services. The financing round values the startup at $5.1 billion, up from $3.8 billion the last time. The Vision Fund is joined by Accel and other investors, Slack said. ...

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London’s black cabs going electric spurs aluminum sector

Bloomberg London’s black cabs going electric shows the new wave of automobile technology is already reshaping the metals industry. After being closed for three years due to a weak market, Sapa SA’s aluminum plant in south Wales will reopen this week to supply lightweight parts for automakers such as London Electric Vehicle Co., the maker of black cabs. It’s part ...

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