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Canada retail sales jumped in June with virus cases receding

Bloomberg Canadian retailers started to recover from the third major Covid-19 shutdown, which stunted shopping earlier this year. Receipts fall 2.1% in May, when many provinces had restrictions on businesses to combat the virus, Statistics Canada reported in Ottawa. But retailers bounced back in June with sales rising 4.4% as rules eased, a preliminary estimate from the agency shows. Even ...

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Spain is banking on Apple to invest in AI, video production

Bloomberg Prime Minister Pedro Sanchez said he’s expecting Apple Inc to ramp up investments in his country after meeting with Chief Executive Officer (CEO) Tim Cook at company’s headquarters. Wrapping up a three-day tour of the US on the West Coast, Sanchez said that Apple will be particularly interested in developing artificial intelligence, television production in Spain. “We expect to have ...

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GM sues Ford over hands-free tech name

Bloomberg General Motors Co is suing its competitor Ford Motor Co for violating a trademarked driver-assist technology that’s used for hands-free features, according to a lawsuit. The automaker is taking action to protect Cruise and Super-Cruise brands after Ford in April renamed its Co-Pilot360 automated driving system as Blue Cruise, GM said in court documents. Talks to resolve issue had ...

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