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| New Zealand to target online giants with digital tax |
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New Zealand said on Monday that it plans to update its laws so it can tax revenue earned by multinational digital firms such as Google, Facebook and Amazon, extending a global effort to bring global tech giants into the tax net
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| Warren Buffett Doubles Down on Big Banks as Berkshire Trims Apple Stake |
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Warren Buffett’s Berkshire Hathaway Inc. took advantage of a plunge in bank stocks to pile even further into his bet on financials, while trimming a giant stake in Apple Inc.
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| Uzbekistan aims for accountability with debut bond sale |
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Central Asian country’s finance minister says borrowing from investors will ‘discipline us’
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| Saudi Arabia goes on hunt for global oil and gas ‘ |
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The world is going to be Saudi Aramco’s playground,’ says energy minister Khalid al Falih
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| Publishers Chafe at Apple’s Terms for Subscription News Service |
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Apple plans to keep about 50% of subscription revenue from ‘Netflix for news’ service, likely won’t share customer data with publishers
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| Online news needs ‘code of conduct’, says review |
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Regulator should assess web coverage, finds Cairncross report, that also points to BBC
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| Holiday travel brings US$76.2b to China's tourism revenue |
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China's domestic tourism revenue gained 513.9 billion yuan (US$76.21 billion) during the week-long Spring Festival holiday that ends Sunday, an annual increase of 8.2 percent, according to the Ministry of Culture and Tourism
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| Opec faces fresh threat from US legislation |
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Oil industry warns of retaliation risk if Congress allows lawsuit against cartel
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| China still General Motors' biggest market |
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General Motors (GM) sold 3.65 million vehicles last year in China, which retained the title of the biggest market for the leading US auto maker
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| Chinese Network's Washington Bureau Registers as Foreign Agent |
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The U.S. division of China’s state-owned broadcaster, China Global Television Network, has registered as a foreign agent with the U.S. Justice Department
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| New York Times beats estimates on digital subscriber growth |
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The New York Times Co reported better-than-expected quarterly profit and revenue on Wednesday, as it signed up almost 9 percent more digital subscribers in just three months
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| EU regulators block Siemens-Alstom rail merger |
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Move to stoke debate over whether to change competition rules amid Chinese competition
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| Tesla to buy battery technology group Maxwell for $218m |
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Deal comes as electric car maker attempts to drive down price of its vehicles
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| British trade official hails record volume of UK-China trade |
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Rona Fairhead, Britain's minister of state for trade and export promotion, has highlighted the growth in UK-China trade ties, stressing that bilateral trade has reached record levels
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| Chevron to buy Pasadena refinery from Petrobras for $350 mln |
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Chevron Corp said on Wednesday it would pay $350 million to buy a refinery in Pasadena, Texas, from Brazilian state oil company Petrobras, confirming a Reuters report from Monday
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