Sprint, T-Mobile talks collapse as Masayoshi Son goes alone

Bloomberg SoftBank Group Corp.’s talks to merge US unit Sprint Corp. with T-Mobile US Inc. ended after months of negotiations, dashing investors’ hopes for a wireless megamerger and signalling that unlimited data plans and heavy price discounting among US carriers will continue. SoftBank Chief Executive Officer Masayoshi Son and Tim Hoettges, CEO of T-Mobile parent Deutsche Telekom AG, couldn’t resolve ...

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Waymo expert backing $1.9bn Uber damages bid booted

Bloomberg Waymo’s bid to recover $1.86 billion in a trade secrets case against Uber Technologies is in jeopardy as a federal judge cut the company’s damages expert from the case, one month before a trial over driverless technology.The decision leaves the Alphabet Inc. unit without an outside source to justify why it deserves that startling amount in an industry that ...

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UK Plc wants end to Brexit ‘soap opera’ in bid for certainty

Bloomberg UK business called for an end to the “soap opera” of Brexit and a return to the spirit of national unity last seen in World War II as it pushed for certainty on Britain’s future relationship with the European Union. Confederation of British Industry President Paul Drechsler will appeal for a “single, clear strategy” in an address on Monday ...

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US labour force participation slips in October

Bloomberg US labour force participation has been having a good run, but it slipped in October— possibly as demographics exacted a toll. The participation rate had been trending up as people moved into the labour force and as workers with jobs hung onto them. Last month, however, the rate fell as 5.2 million employees dropped straight out of the labour ...

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Diabetes devices move from painful fingerpricks to slick tech

Bloomberg Diabetes devices may be having their iPhone moment. For decades, the daily routine of diabetics involved painful needles, finger-pricking lancets and imprecise glucose metres. Now, manufacturers have begun incorporating the slick and consumer-friendly designs of Silicon Valley, linking to phones and other tech devices. “This is a crossroads for diabetes technology,’’ said Raj Denhoy, an analyst at Jefferies in ...

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Trump warns nations against challenging US

Bloomberg President Donald Trump warned nations against challenging the US as he rallied American tro- ops in Japan on the first stop of his 12-day tour of Asia. Speaking to US and Japanese military personnel on Sunday at Yokota Air Base in western Tokyo, Trump said he would push for freedom in the region and fair trade in meetings with ...

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Puigdemont turns himself in to Belgian police

Bloomberg Ousted Catalan President Carles Puigdemont and four other regional ministers who have outstanding arrest warrants presented themselves voluntarily to Belgian police on Sunday, the VRT public broadcaster reported. Spanish Prime Minister Mariano Rajoy invoked constitutional powers last month to reassert his authority over Catalonia and fire Puigdemont and his government. Since then, eight politicians and two activists have been ...

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Slovaks shun premier’s party in regional polls

Bloomberg Slovaks voted for independent and opposition candidates in regional elections, delivering a surprise defeat to the popular ruling party and the far right forces in the post-communist European Union member. Premier Robert Fico’s Smer party will lead two of eight regional governments after four of its incumbent candidates lost their races, according to the results of the ballot posted ...

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Brazil’s Joao Doria softens tone amid ‘extremist’ risk

Bloomberg Six months ago Sao Paulo Mayor Joao Doria revealed unbridled presidential ambitions, travelling the country and the world professing an aggressive pro-market agenda and a management style with the slogan “Speed It Up.” In an interview in his Sao Paulo office this week he struck a more humble, down-to-earth tone, talking about the need to do more in his ...

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Mugabe says wouldn’t hesitate to remove VP Mnangagwa

Bloomberg Zimbabwean President Robert Mugabe wouldn’t hesitate to dismiss Vice President Emmerson Mnangagwa from his post and said that Mnangagwa’s supporters should form their own party if they don’t want Mugabe to lead the country. “If I made a mistake by appointing Mnangagwa, tell me. I will remove him,” Mugabe told a rally in the city of Bulawayo that was ...

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