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China willing to import $20b of US farm goods

Bloomberg China aims to buy at least $20 billion of agricultural products in a year if it signs a partial trade deal with the US, and would consider boosting purchases further in future rounds of talks, people familiar with the matter said. The $20 billion would take its imports of US farm goods back to around the level in 2017, ...

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Microsoft secures $10bn JEDI cloud deal, beats Amazon

Bloomberg Microsoft Corp has won the sought-after JEDI cloud computing contract with the Pentagon valued at as much as $10 billion over a decade, dealing a blow to the market leader, Amazon.com Inc, which had been the front-runner. The decision, which was announced by the Defense Department, may be challenged by Amazon, according to a person familiar with the matter, ...

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GM strike ends after almost six weeks at cost of $2 billion

Bloomberg General Motors (GM) employees voted in favor of a new four-year labor agreement reached with the United Auto Workers (UAW), ending a nearly six-week-long strike that has cost the company about $2 billion and rippled through the US economy. The union said the deal was approved by 57.1% of its members, enough to ratify the contract and stop the ...

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