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Budweiser's 'America' summer campaign didn't have the impact the beer giant had hoped for. From the start, Budweiser's America campaign has been controversial.

Japan plans $265 billion plus in economic stimulus

Japanese Prime Minister Shinzo Abe announced plans to spend more that 28 trillion yen ($265 billion US) in an economic stimulus package to try and revive the Japanese economy.

Op-Ed: More problems arise to block Libyan oil exports

An agreement between UN envoy to Libya Martin Kobler and Ibrahim Jodhran, head of the Petroleum Facilities Guard (PFG), has been denounced by the chair of the National Oil Company (NOC), Mustafa Sanalla.

Samsung files case against Huawei for patent infringement

Samsung Electronics has hit back at rival Huawei, filing a patent infringement case against the Chinese electronics company in a move seen to worsen the two firms’ rivalry.

IMF urges key G20 countries to spend more for growth

The International Monetary Fund (IMF) has warned risks to the global economy are growing, as it called on some G20 nations to boost government spending.

G20 ministers urge tighter tax rules for multinationals

The world's major economies need to deepen cooperation on tax collection and information sharing as companies seek to minimise the amount they pay to governments, finance ministers said on Saturday.

Justice Department looks to block big health insurance mergers

The U.S. Department of Justice has stepped in and filed anti-trust lawsuits against Anthem and Aetna in order to block the two companies from merging with rival health insurers Cygna and Humana.

IMF cuts global growth forecast for next two years after Brexit

The International Monetary Fund (IMF) cut its global growth forecasts on July 19 citing uncertainty over the economic effects of the recent Brexit vote which will see the UK leave the European Union (EU).

People in China are rioting at KFC locations, shattering iPhones

People are protesting and boycotting KFC locations across China. Following last week's ruling that Beijing had no legal claim in the South China Sea, many Chinese citizens are blaming the US.

South Korean auto, shipbuilding workers to go on strike

Tens of thousands of South Korean auto and shipbuilding workers are set to launch partial strikes this week after negotiations over wage increases stalled.

Protesters shut down Tobruk export port after salaries delayed

The protesters, affiliated with the Petroleum Facilities Guard (PFG) shut Al-Hariga port down in Tobruk because of delays in being paid.

U.S. expects $40 billion in military export sales this year

For the fiscal year ending on October 1, 2016, the U.S. is on track to rack up $40 billion in foreign military sales. Exports sales are down from $46.6 billion last year, according to a top Pentagon official.

Stickers to stocks: Things to know about messaging app Line

Messaging app Line kicks off a dual New York-Tokyo stock listing later Thursday after one of the year's biggest initial public offerings.Here are a few things to know about the chatting service that has taken Asia by storm.What is Line?

China's Wanda eyes stake in Paramount Pictures

Chinese conglomerate Wanda is in talks to buy a stake in US film studio Paramount Pictures, according to a report, marking the Asian company's latest move to expand its entertainment empire.

Nintendo soars more than 16%, extends Pokemon game rally

Nintendo skyrocketed in Tokyo on Thursday as its new smartphone game Pokemon Go picks up legions of fans globally, and investors cheer the firm's move into mobile gaming.

Almost 160,000 Canadians cancelled TV subscriptions last year

Even though about 160,000 Canadian cancelled their TV subscriptions last year, conventional cable and satellite TV providers saw revenues decline just 0.1 percent to $8.9 billion

France's whizz-kid economy minister Macron aims higher

French political high-flyer Emmanuel Macron has enjoyed a lightning rise from the world of investment banking to the economy ministry where his maverick attitude has irked his leftist colleagues.

Ashley Madison makes changes, gives infidelity a new look

Ashley Madison, a site where married people search for affairs, has launched a campaign to restore faith in its services.

Spain proposes tax hike to dodge EU deficit fine

Spain's acting Economy Minister Luis de Guindos on Tuesday proposed hiking corporate taxes to avoid a fine from the European Commission for repeatedly failing to bring government deficits into line.

Hong Kong tycoon Thomas Kwok freed on bail

Hong Kong property tycoon Thomas Kwok was granted bail Tuesday, clearing the path to appeal his graft conviction over a high-profile cash for favours scandal. Kwok was jailed in 2014 over a series of payments totaling HK$8.5 million (US$1.

S&P 500 stock index hits new high

The Standard and Poor 500 (S&P 500) hit an intraday record high, as investors appear more optimistic about the growth of the U.S. economy, even amid lingering concerns about global growth.

Eurozone slams Spain, Portugal on excessive deficits

Eurozone finance ministers agreed Monday to officially declare Spain and Portugal in breach of the EU public spending rules, a key step to possibly imposing unprecedented penalties against members of the currency bloc.

A Brexit analysis: The effects of the European crisis on Apple

Even though the UK is not one of the biggest markets for Apple, Brexit’s impact on Apple is one of the hottest topics. Only 22 percent of Apple’s sales come from Europe, with the UK only contributing to around 3.5 percent of total sales.

G20 nations pledge to boost trade despite growing protectionism

The world’s top 20 economies will work to boost sluggish global trade despite growing protectionism, overcapacity concerns, and uncertainty over Brexit, G20 trade ministers said Sunday at a meeting in Shanghai.

China, India eye Asian Century as Brexit rattles old order

Britain's vote to leave the European Union and simmering discontent in other Western countries is seen as hastening the arrival of an "Asian Century", analysts say, led by the rise of China and India.

Virgin Mobile soon to operate in Peru

Virgin Mobile will begin operations in Peru in the third quarter of this year after it secured a license from the government to operate in the country.

Ft McMurray wildfires costliest disaster in Canada history: insurers

Wildfires in Canada's oil city of Fort McMurray this year caused CAN $3.58 billion ($2.75 billion USD) in damages, making it the country's costliest disaster ever, according to estimates from insurers on Thursday.

Over 500T hoverboards recalled in U.S. over battery fire risks

The United States government has recalled more than half a million hoverboards following incidents in which they erupted in flames, burning riders and damaging property.

Op-Ed: Libyan oil production and exports may only increase slowly

Recently the two rival Libyan National Oil Companies (NOC), one based in the east in Bayda and the other in the west in Tripoli, have agreed to unify. This is just one small step in restoring production and exports of oil from Libya.

California orders oil refineries to justify high gasoline prices

California has demanded records from oil refiners to explain why gasoline prices in the state are among the highest in the country.

Weak coal market prompts possible layoffs at Murray Energy Corp.

Murray Energy Corp., the largest privately held coal company in the U.S. announced on Friday it may have to layoff 82 percent of its workforce in September, due in part to president Obama.

Op-Ed: Rival Libyan National Oil Companies (NOC) agree to unify

The heads of the rival National Oil Corporations (NOC) in Libya have agreed to a unified structure with just one NOC. The move will be welcomed by the oil industry and could lead to a quick increase in production.

Chipotle just can't shake the bad PR — This time its a drug bust

Chipotle Mexican Grill has been working hard to regain customer loyalty after the food safety scandal that rocked the company's foundations last year. Now, it looks like they are in hot water again, this time over a cocaine bust.

Sony eyes return to robot-making business

The adorable Japanese Aibo dogs could soon make a comeback a decade after they were being put to "sleep" as electronics giant Sony Corp. is planning to return to robot-making business.

NZ town has too many jobs and wants to recruit outsiders

A tiny town in New Zealand has launched a drive to recruit outsiders because of its unique problem. It has too many jobs available.

Airbnb is suing San Francisco over new rental laws

Airbnb chose to fight. In June, San Francisco essentially backed Airbnb into a corner, asking the startup to comply with tougher rental legislation or face daily fines.

Newly expanded Panama Canal opens for bigger business

Panama is preparing to officially open its canal this weekend to far bigger cargo ships after nearly a decade of expansion work aimed at boosting transit revenues and global trade.

City workers in London break down in shock at Brexit vote

Bank employee Francesca Crimp broke down in tears on Friday after Britain voted to leave the European Union, triggering an earthquake in the City of London financial hub."I'm scared, I voted for my son's future and I feel so uncertain now.

UK economy plunges into unknown on Brexit

Britain's economy was plunged into a dizzying unknown on Friday as the country lurched towards the EU exit, with the world economy bracing for a hit on growth and unemployment.

Facebook adds political bias training following news controversy

Facebook has added political scenarios to its bias training program in the wake of the controversy that the social network was suppressing conservative news, Sheryl Sandberg announced during an interview with the American Enterprise Institute.

Social media costing business owners billions each year

The internet has connected the world and used right it can help both socially and in business, but a new report shows that social media use has increased in the work force with over 75 percent of employees connecting with family and friends while working.
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