Reuters

Disappointing China July imports suggest cooling domestic demand
Reuters
BEIJING China's exports and imports fell more than expected in July in a rocky start to the third quarter, pointing to further weakness in global demand in the aftermath of Britain's decision to leave the European Union. Imports fell 12.5 percent from
China Exports Slide on Weak DemandWall Street Journal
China's Great River of Steel Swells Again as Trade Tensions RiseBloomberg
China's imports, exports fall again in JulyU.S. News & World Report
BBC News –Fortune –TheStreet.com –MarketWatch
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Financial Express

Hacked Bitcoin Exchange Getting Back Online After Users Lose 36%
Bloomberg
The Hong Kong-based bitcoin exchange that lost about $71 million to hackers said it is beginning to bring its system back online, after telling users they will lose 36 percent of their deposits. Start your day with what's moving markets. Get our
Theft And Mayhem In The Bitcoin WorldForbes
Bitcoin Exchange to Spread Losses of HackWall Street Journal
Bitcoin exchange customers lose 36% of their money after hackCNNMoney
Reuters –PCWorld –newsBTC –Newsmax
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The Inquisitr

Walmart Declares War On Amazon, Makes Biggest E-Commerce Purchase In History To Compete With Online Retailer
The Inquisitr
Walmart has officially made the biggest e-commerce purchase in history spending $3 billion on Jet.com. The move comes as Walmart gears up to take on online retail giant Amazon. The purchase is designed to bolster Walmart's struggling online presence …
Walmart is buying Jet.com for $3 billion and will announce the deal on MondayRecode

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Wall Street Journal

Gawker, Hulk Hogan in Settlement Talks Over Invasion-of-Privacy Case
Wall Street Journal
Gawker Media Group is engaged in preliminary talks with the former professional wrestler known as Hulk Hogan to reach a settlement over a $140 million invasion-of-privacy judgment that forced the digital media company into bankruptcy, according to two …
Gawker, Hulk Hogan in settlement talks over privacy case: WSJReuters
Gawker and Hulk Hogan in settlement talks: WSJCNBC
Hulk Hogan settles $140m case over leaked sex tape as pay out makes media company go bustDaily Star
LawNewz
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Bloomberg

Dollar Clings to Post-Payrolls Rally as Kiwi Weakens With Yen
Bloomberg
The dollar held a three-day advance against major peers Monday after greater-than-forecast U.S. jobs growth spurred traders to increase bets the Federal Reserve will raise interest rates this year. The Bloomberg Dollar Spot Index has gained as the …
FOREX-Dollar holds upper hand after stellar US jobs dataReuters
Dollar moderately higher as strong US jobs data lingerMarketWatch
European Shares Seen Steady At OpenNasdaq
Financial Times –Metro.us –THE BUSINESS TIMES –BloombergQuint
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Fortune

Why Uber Couldn't Crack China
Fortune
Didi Chuxing is the ride-sharing app's newest friend. Robert Salomon is an associate professor of international management at the New York University Stern School of Business and author of Global Vision: How Companies Can Overcome the Pitfalls of …
Why Uber Might Stalk an IPO Sooner Rather Than LaterWall Street Journal
Capital Gains: Didi buys Uber China, and Airbnb is raising $850 millionRecode
STRAIGHT TALK: Didi drives its ambitions homeBDlive
South China Morning Post –Financial Times –Los Angeles Times –New York Times
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Bloomberg

Airbus Says U.K. Fraud Office Starts Criminal Bribery Probe
Bloomberg
Airbus Group SE said the U.K. Serious Fraud Office has opened a criminal investigation into allegations of fraud, bribery and corruption relating to some of its third-party consultants. The Toulouse, France-based planemaker said in a statement Sunday
UK Investigates AirbusWall Street Journal
Serious Fraud Office launches corruption inquiry at AirbusCNBC
Airbus faces criminal corruption probe in BritainCNNMoney
BBC News –Reuters –The Guardian –Economic Times
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Yahoo News

This ridiculous bus could change public transportation forever
Yahoo News
So. Remember when images of this hypothetical “straddling bus” — built to literally act as a moving bridge on highways — first hit the internet? The group consensus was one very long “Hmm,” both due to the enormity and cumbersome nature of the design.
Is China's traffic-jam-busting 'elevated bus' just a pipe dream?South China Morning Post
Here's Why That Traffic-Straddling Bus Is Not All It's Cracked Up To BeDaily Caller
China's 'straddling bus' trial catches PM's eyeTimes of India
WIRED –The Straits Times –Chicago Tribune –TechnoBuffalo
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Columbia Daily Herald

Jobs report shows strong growth
Columbia Daily Herald
WASHINGTON — The second straight month of surprisingly strong job growth shows the labor market has regained its health after a springtime stumble, and economists welcomed the news after recent signs of weakness in the broader U.S. economy. Private- …
Jobs Data You Can't Afford to IgnoreValueWalk
Other View: The sobering lesson of strong U.S. jobs reportTwin Falls Times-News
5 Things to Know About the Economy This Week: 8/5/2016U.S. News & World Report
Business Insider –New York Times –Bloomberg –Wall Street Journal (blog)
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Washington Post

Thai Economy Feels Sting From Political Uncertainty
New York Times
BANGKOK — Thailand's stagnating economy is unlikely to get much of a boost from a referendum Sunday on a new constitution proposed by the military government, which took power in a 2014 coup. A "yes" vote could, however, tamp down some of the …
Disappointing numbers add to uncertaintyThe Nation

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