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Analog Devices is close to a deal to buy rival semiconductor maker Maxim Integrated Products in an all-stock transaction worth about $20bn, according to people briefed on the matter. The deal, which could be announced as soon as Monday, would rank as one of the year’s largest takeovers after months of muted activity during the
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The week begins under the shadow of coronavirus rising again in some parts of the world. US states ordered new restrictions over the weekend, including mandatory mask-wearing as a surge in Covid-19 cases continued across the US, a day after the country posted its largest one-day jump in cases. Australia, which had so far avoided
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Donald Trump has commuted the prison sentence of Roger Stone, a confidante and self-described political “dirty trickster” in a Friday evening move that sparked widespread anger from Democrats. The US president made the controversial move four days before Mr Stone, 67, was scheduled to start a 40-month sentence at a prison in Georgia. Mr Stone,
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Gilead Sciences revealed more trial data on Friday showing its experimental Covid-19 drug significantly reduced the risk of death, an early sign that the antiviral treatment may go beyond just speeding up recovery.  The California-based biotech group said its remdesivir treatment showed a 62 per cent reduction in the risk of death compared with standard
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Brussels is to adopt emergency measures to preserve Europe’s access to crucial UK financial market infrastructure after the country’s post-Brexit transition period expires, the bloc’s regulation chief said on Thursday.  Valdis Dombrovskis, the European Commission’s executive vice-president in charge of financial policy, said Brussels would adopt “time-limited” access rights to make sure that European companies
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The writer is a former chief of MI6 The last six months have revealed more about China under President Xi Jinping than the previous six years. China is overplaying its hand and giving western leaders no option but to stand up to it. Combined with the tough US sanctions imposed on Chinese companies, Beijing’s actions
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Donald Trump vowed to defeat “the radical left”, “Marxists” and “anarchists” in an electioneering Independence Day speech at the White House, a day after striking a similarly combative tone at Mount Rushmore in South Dakota. “We are now in the process of defeating the radical left, the Marxists, the anarchists, the agitators, the looters, and
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The US Navy has sent two aircraft carrier groups into the South China Sea for the first time since 2014 as China conducts exercises the contested waters.  The USS Nimitz and the USS Ronald Reagan were conducting dual carrier operations and exercises in the South China Sea to support a free and open Indo-Pacific, the
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Peter, a 19-year-old student, shouts “Hong Kong independence!” at people on a crowded escalator in a shopping mall. The pro-democracy protesters, masquerading as shoppers to avoid police attention, immediately complete the slogan, responding: “The only way out”. The gangly youth was one of thousands of pro-democracy protesters who tried to hold their annual march to
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Dear readers, Futurology invites satire. By the year 2000, we were meant to be zooming around cities using personal jet packs. But just now, the task of predicting what lies ahead could hardly be more serious. The impact of coronavirus will be felt across offices, retail, exercise, nutrition, energy and global poverty. In some cases,
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At least 2,000 Amazon warehouse workers in Germany have gone on strike over safety concerns relating to coronavirus, after a surge in cases at two of its fulfilment centres reignited tensions over the company’s efforts to protect staff. Employees at six Amazon facilities did not clock into work on Monday, according to the union Verdi,
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