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LONDON Five decades since it heralded a transformation in the way people obtained and used cash, the world’s first ATM was turned into gold for celebrations of its fiftieth anniversary. The brainchild of Scottish inventor Shepherd-Barron, the first ATM (automated teller machine) was opened on June 27, 1967 at a branch of Barclays bank in
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WASHINGTON Saudi Foreign Minister Adel al-Jubeir said on Tuesday that there would be no negotiations over demands by the kingdom and other Arab states for Qatar to stop supporting terrorism. Asked by reporters on a visit to Washington if the demands were non-negotiable, Jubeir said: “Yes.” “We made our point, we took our steps and
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By David Shepardson | WASHINGTON WASHINGTON Republicans and Democrats in Congress sparred on Tuesday over U.S. states setting rules for testing and deployment of self-driving cars and a proposal to allow automakers and technology companies to bypass existing regulations in introducing autonomous cars. Democrats on a U.S. House Energy and Commerce subcommittee said that the
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Wall Street was lower in early afternoon trading on Tuesday as technology stocks continued to slide while investors focused on Federal Reserve Chair Janet Yellen’s talk in London. The technology index .SPLRCT fell 1 percent due to a drop in the shares of Microsoft (MSFT.O), Facebook (FB.O) and Alphabet (GOOGL.O). Alphabet fell 1.6 percent to
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By Jack Stubbs and Pavel Polityuk | MOSCOW/KIEV MOSCOW/KIEV A ransomware attack hit computers across the world on Tuesday, taking out servers at Russia’s biggest oil company, disrupting operations at Ukrainian banks, and shutting down computers at multinational shipping and advertising firms. Cyber security experts said those behind the attack appeared to have exploited the
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By Fumbuka Ng’wanakilala | DAR ES SALAAM DAR ES SALAAM Tanzania said on Tuesday it plans to build a long-delayed 2,100-megawatt hydroelectric plant in a World Heritage site renowned for its animal populations and variety of wildlife habitats despite opposition from environmentalists. The East African nation considers the project at Stiegler’s Gorge in the UNESCO-designated
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Music streaming service Pandora Media Inc said Tim Westergren was stepping down as its chief executive. Westergren, who co-founded Pandora in 2000, served as its CEO and president from May 2002 to July 2004, before returning to lead the company last year. The company named Chief Financial Officer Naveen Chopra as the interim CEO. (Reporting
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Oklahoma City Thunder point guard Russell Westbrook put the finishing touch on a magical season by being named the Most Valuable Player of the 2016-17 campaign on Monday at the NBA’s inaugural awards show. Westbrook, who became only the second player and first in 55 years to average a triple-double for an entire season, won
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By Steve Friess | DETROIT DETROIT A federal judge halted late on Monday the deportation of all Iraqi nationals detained during immigration sweeps across the United States this month until at least July 10, expanding a stay he imposed last week. The stay had initially only protected 114 detainees from the Detroit area. U.S. District
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U.S. wireless carrier Sprint Corp (S.N) is in talks with Charter Communications Inc (CHTR.O) and Comcast Corp (CMCSA.O) about a partnership to boost the two U.S. cable companies’ wireless offerings, according to sources familiar with the matter. Sprint, controlled by Japan’s SoftBank Group Corp (9984.T), has entered into a two-month period of exclusive negotiations with
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By Yasmeen Abutaleb and Susan Cornwell | WASHINGTON WASHINGTON Twenty-two million Americans would lose insurance over the next decade under the U.S. Senate Republican healthcare bill, a nonpartisan congressional office said on Monday, complicating the path forward for the already-fraught legislation. After the Congressional Budget Office (CBO) score, Senator Susan Collins, a moderate Republican, said
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By Karolos Grohmann | BERLIN BERLIN When Wimbledon got underway 25 years ago the reigning men’s and women’s champions were German but since then the country, once a tennis powerhouse, has yet to find another champion to succeed Michael Stich and Steffi Graf in London. While German women have had two more finalists with Sabine
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By Brad Brooks and Ricardo Brito | BRASILIA BRASILIA Brazil’s top federal prosecutor charged President Michel Temer with taking multimillion-dollar bribes on Monday in a stinging blow to the unpopular leader and to political stability in Latin America’s largest country. Rodrigo Janot submitted the charge in a document presented to the Supreme Court, saying “he
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