LONDON (Reuters) – Growth in Britain’s construction industry tumbled to an 11-month low in July, as a lacklustre outlook for the economy and heightened political uncertainty deterred new orders, a survey showed on Wednesday. The Markit/CIPS UK Construction Purchasing Managers’ Index (PMI) fell to 51.9 from 54.8 in June, below all forecasts in a Reuters
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(Reuters) – Two-times British road champion Peter Kennaugh will leave Team Sky at the end of the season after signing a two-year contract with German team Bora-Hansgrohe. Isle of Man-born Kennaugh, who turned professional in Team Sky’s debut season in 2010, has had several successful years at the British team, and recently won a stage
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NEW YORK (Reuters) – A former U.S. Justice Department official has become the latest lawyer to join special counsel Robert Mueller’s team investigating Russia’s interference in the 2016 presidential election, a spokesman for the team confirmed. Greg Andres started on Tuesday, becoming the 16th lawyer on the team, said Josh Stueve, a spokesman for the
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SHANGHAI/BEIJING (Reuters) – Apple Inc (AAPL.O) is binding itself more closely to China as its share of the world’s biggest smartphone market slips and it becomes more reliant on selling services which require government approval. A flurry of recent action by Cupertino-based Apple underlines its push to get on the right side of China’s notoriously
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NEW YORK (Reuters) – Bitcoin’s underlying software code was split on Tuesday, generating a new clone called “Bitcoin Cash,” but the new virtual currency got off to a slow start due to lackluster support for its network. The initiative was headed by a small group of mostly China-based bitcoin miners – programmers who essentially operate
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WASHINGTON (Reuters) – U.S. President Donald Trump is close to a decision on how to respond to what he considers China’s unfair trade practices, a senior Trump administration official said on Tuesday. Trump is considering encouraging U.S. Trade Representative Robert Lighthizer to initiate an investigation of Chinese trade practices under the 1974 Trade Act’s section
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LONDON (Reuters) – The British government published plans on Wednesday for a bill that would give it the legal power to impose sanctions after it leaves the European Union, including making it easier to cut off terrorism funding and freeze assets. Britain now negotiates and imposes non-UN sanctions against specific countries through EU laws. Without
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(Reuters) – Jordan Spieth celebrated his British Open victory with a family fishing trip and says he is “refreshed” and ready to resume his busy end-of-season schedule at this week’s WGC-Bridgestone Invitational in Ohio. Nine days after his memorable performance at Royal Birkdale, where he completed the third leg of the career grand slam, Spieth
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WASHINGTON (Reuters) – The U.S. Drug Enforcement Administration’s acting director criticized President Donald Trump for telling law enforcement officers not to be “too nice” to suspects, urging DEA agents to show “respect and compassion” and saying he felt compelled to speak out when “something is wrong.” Acting Director Chuck Rosenberg sent an agency-wide email on
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NEW YORK (Reuters) – Sprint Corp (S.N) shares jumped more than 10 percent on Tuesday after its chief executive said an announcement on merger talks should come in the “near future” and the company reported a quarterly profit for the first time in three years. The No. 4 U.S. wireless carrier, majority owned by Japan’s
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SAN FRANCISCO, August 1 (Reuters) – The bloom is off seed funding, the business of providing money to brand-new startups, as investors take a more measured approach to financing emerging U.S. technology companies. Seed-stage financing has been sliding for the last two years, with the number of transactions down about 40 percent since the peak
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