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Amazon denies unfair advantage in Oracle challenge of JEDI deal

Bloomberg Amazon.com Inc is denying a Pentagon cloud-computing contract valued at as much as $10 billion was unfairly tailored for the e-commerce giant. In a court filing made public on February 17, Amazon countered rival Oracle Corp’s claims that bidding for the lucrative cloud deal was tainted by relationships between its employees and former Pentagon officials. Oracle is appealing a ...

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UK inflation accelerates to its fastest pace in six months

Bloomberg UK inflation picked up for the first time in six months in January, tempering expectations for a Bank of England (BOE) interest-rate cut later this year. Consumer prices rose a stronger-than-forecast 1.8% in January from a year earlier, the fastest since July, the Office for National Statistics said . Core inflation picked up to 1.6%. The pound erased a ...

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Microsoft takes aim at election credibility

Bloomberg Microsoft Corp tested for the first time in a live election security software that executives say will help restore the trust of voters shaken by claims of fraud, hacking and disinformation in the 2016 election. The company piloted its solution to verify results, a system called ElectionGuard, with voters in Fulton, Wisconsin, who chose candidates for state Supreme Court. ...

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Iran must be held accountable for Baghdad attacks: Pompeo

Bloomberg US Secretary of State Michael Pompeo said Iran must be held accountable for its proxies’ attacks on American forces in Baghdad, warning that such violence can’t become routine. “It cannot become ordinary course that the Iranians, through their proxy forces in Iraq, are putting the lives of Americans at risk,” Pompeo told reporters on his plane as he prepared ...

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Sanders jumps to 32% lead in California poll

Bloomberg Vermont Senator Bernie Sanders has moved out to a commanding lead in California with 32% support among likely Democratic voters in the critical Super Tuesday state, according to a poll released by the Public Policy Institute of California. Joe Biden, Elizabeth Warren, Michael Bloomberg and Pete Buttigieg were all bunched within the poll’s margin of error for the next ...

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Pentagon official in Ukraine-aid case quits

Bloomberg John Rood has stepped down as the top policy official at the Defense Department, according to two people familiar with the matter. The senior Pentagon official had faced pressure to resign from key figures who lost confidence in his ability to carry out President Donald Trump’s agenda, according to multiple administration officials who requested anonymity to speak about Rood’s ...

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Britain plans to slash unskilled immigration

Bloomberg Boris Johnson’s government unveiled plans to end what it called the UK’s dependence on “cheap low-skilled labour” and deliver on its pledge to halt freedom of movement from the European Union after Brexit. Under a points-based immigration system to come into effect on January 1, 2021, workers must prove they can speak English, have a verified job offer and ...

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Expat families flee Hong Kong after virus, protests

Bloomberg After a decade and a half in Hong Kong, New Zealand native Ian Jacob is calling it quits. The owner of a construction-materials company, Jacob and his wife were worried last year about the political unrest, especially after the temporary suspension of schools. “We watched as the situation got worse and worse,” he said. With classes suspended again amid ...

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Zarif: Iran presence must for decoding black boxes

Bloomberg Iran’s foreign minister Mohammad Javad Zarif said his country won’t let the flight recorders of the Ukrainian jet that was shot down in January leave Iran and be decoded without the presence of Islamic Republic envoys. “We have a right to keep the black boxes ourselves. We have a right to be present during any assessment of the black ...

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US futures advance with Europe stocks; oil gains

Bloomberg US equity futures advanced with European stocks on Wednesday after signs emerged that China may be planning further measures to support its economy reeling from a virus-induced slowdown. The yen weakened. Contracts on the three main US stock gauges pointed to a positive start on Wall Street after Bloomberg reported that China’s latest moves to aid growth include possible ...

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