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VW reaches deal to fix most tainted Audi diesels

  Bloomberg Volkswagen AG has reached an agreement with U.S. environmental regulators to fix or buy back around 80,000 Audi, VW and Porsche vehicles with tainted 3-liter diesel engines, nearing a resolution on a key aspect of the emissions-cheating scandal, people familiar with the discussions said. Under an accord with the Environmental Protection Agency and California’s Air Resources Board, Volkswagen ...

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US delays Dakota pipeline as Trump promises quicker reviews

  Bloomberg The Obama administration has yet again delayed a decision on the controversial Dakota Access crude pipeline, even as President-elect Donald Trump vows to speed up reviews of such projects. The US Army Corps of Engineers said that it’ll hold more talks with a Native American tribe potentially affected by the pipeline before deciding on a permit that’s key ...

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Dodge truck owners accuse Chrysler of VW-like cheating

  Bloomberg Diesel pollution cheating allegations hit a US carmaker as Dodge truck owners sued Chrysler, claiming some engines were rigged to hide emissions as much as 14 times higher that the law permits. The Michigan-based unit of Fiat Chrysler Automobiles NV is the first US carmaker to be sued by consumers. Similar claims were made against German carmakers. Volkswagen ...

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German growth hits speed bump in Q3

  Frankfurt am Main / AFP German economic growth slowed more sharply than expected in the third quarter, official data showed on Tuesday, but analysts said they saw Europe’s largest economy bouncing back at year’s end. German investors were equally upbeat, with a closely-watched survey showing a sharp jump in morale in November, although respondents questioned after Donald Trump’s shock ...

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UK to borrow extra $125 billion as growth slows

  Bloomberg Britain may borrow 100 billion pounds ($125 billion) more than previously forecast over the next five years as Brexit hits the economy, according to PricewaterhouseCoopers. The budget deficit is on course to reach 67 billion pounds in the current fiscal year, almost 12 billion pounds more than officials estimated in March, it said in a report published on ...

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Apple to tap smart glasses in deeper wearables push

  Bloomberg Apple Inc. is weighing an expansion into digital glasses, a risky but potentially lucrative area of wearable computing, according to people familiar with the matter. While still in an exploration phase, the device would connect wirelessly to iPhones, show images and other information in the wearer’s field of vision, and may use augmented reality, the people said. They ...

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Facebook had tool to weed out fake news

  Relaxnews Facebook had a tool to weed out fake news circulating on the social network this year but declined to deploy it for fear of offending conservatives, a report said. The report by the online news site Gizmodo comes with Facebook under fire for allowing hoaxes and misinformation to go viral and — according to some critics — boost ...

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Sony’s PS3 celebrates 10-year anniversary

  Relaxnews In November 2006 (November 11 in Japan and November 17 in North America), Sony unleashed its latest home video games console, destined to become the head-on rival for Microsoft’s Xbox 360, released the previous year. The PS3 brought the Japanese tech firm hurtling into the high-definition era. Sony faced a considerable challenge given the overall success of its ...

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Samsung’s $8B ticket into the red-hot automotive tech race

  AP Samsung Electronics’ $8 billion acquisition of the US auto electronics company Harman will instantly transform the South Korean tech company into a major player in the highly competitive and rapidly growing market for auto infot- ainment, software and connected car technology. Samsung announced on Monday that it would pay $112.00 per share in cash for the Stamford, Connecticut, ...

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Strokes of tradition

  Abidjan / AFP “Some people said I’d wasted my life, that I should be a doctor, do something else,” recalls Aboudia, an Ivorian painter with international fame and a big show this month in Abidjan. Aboudia grew up as Abdoulaye Diarrasouba, a youth who still readily speaks Nouchi, the street dialect of working-class districts in Ivory Coast’s economic capital. ...

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