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Rift between Germany, Brazil stalls work on carbon market

Bloomberg A dispute pitting two groups of nations led respectively by Germany and Brazil is holding up work on creating a global market for trading carbon pollution, one of the pillars of the Paris Agreement on climate change. After bruising talks at a United Nations climate conference last month, the two groups remain at odds on how to structure the ...

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Apple-Samsung deal shows shift to services

Bloomberg Apple and Samsung announced a deal that only recently would have seemed unthinkable: The iPhone maker will begin offering iTunes movies and TV shows on its archrival’s TV sets. The move demonstrates Apple’s shift towards developing into a tech- and media-services company as sales of gear like the iPhone continue to wane. It’s “further evidence that Apple is willing ...

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Job report signals solid US economy

Bloomberg The US job market delivered a blowout performance in December, giving a clearer signal that the economy is on solid footing even as investors fret about the trade war and other risks in 2019. US stocks and Treasury yields surged after Labor Department figures showed employers added the most workers in 10 months, wage gains accelerated and labour-force participation ...

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