• Lagarde: ESM reform isn't against any Member State

      Lagarde: ESM reform isn't against any Member State

      The reform of European Stability Mechanism (ESM), the eurozone's bailout fund, does not intend to damage any Member State, European Central Bank (ECB) President Christine Lagarde said on Thursday, cited by ANSA. The reform has caused a big political furore in Italy, amid fears it could put the country under renewed pressure on the financial markets.

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    • Aramco listing boosts Saudi bourse into world's elite

      Aramco listing boosts Saudi bourse into world's elite

      Saudi stock exchange Tadawul, already the largest Arab bourse, has been catapulted into the global top ten with the listing of energy giant Aramco on Wednesday. Minutes after trading began, Aramco's valuation soared to $1.88 trillion, dwarfing the combined $500 billion value of all the other companies in the Saudi market. The giant addition makes the Saudi bourse the ninth biggest in the world, according to Bloomberg News, edging out the Bombay Stock Exchange and advancing on the Canadian and German markets.

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    • PS5 to enable an entirely new style of gaming

      PS5 to enable an entirely new style of gaming

      Sony made an unexpected PlayStation 5 announcement a couple of months ago. The company revealed the actual name of the console - it’s PS5, of course - as well as a few key features of the new controller, without mentioning its actual name. We expect it to be called DualShock 5 when the console launches next winter, not that it really matters.

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    • US, Mexico, Canada finalise trade deal

      US, Mexico, Canada finalise trade deal

      The United States, Mexico and Canada signed a deal Tuesday to finalise their new trade agreement, paving the way to ratification after more than two years of arduous negotiations. However, the impeachment trial of President Donald Trump in the US Senate would likely delay Congressional ratification of the agreement until next year, said Senate Majority Leader Mitch McConnell.

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    • US shuts down WTO appeals court

      US shuts down WTO appeals court

      Global commerce will lose its ultimate umpire Tuesday, leaving countries unable to reach a final resolution of disputes at the World Trade Organization and instead facing what critics call “the law of the jungle." The United States, under a president who favors a go-it-alone approach to economics and diplomacy, appears to prefer it that way. The terms of two of the last three judges on the WTO’s appellate body neared their end at midnight Tuesday. Their departure will deprive the de facto Supreme Court of world trade of its ability to issue rulings, AP reports.

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    • Space junk cleanup to begin with ESA mission

      Space junk cleanup to begin with ESA mission

      Wherever we humans go, we leave behind a mess. That goes for space, too. Today, our species is responsible for more than 500,000 pieces of junk hurtling around Earth at phenomenal speeds, and if we don't start actively removing the largest pieces, the risk of collisions will only grow worse.

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    • China to ditch all foreign software and hardware by 2022

      China to ditch all foreign software and hardware by 2022

      China has reportedly ordered all foreign PC hardware and operating systems to be replaced in the next three years, intensifying an ongoing tech war. The country has attempted this sort of thing before halfheartedly, but this is the most serious effort yet to isolate itself from the influence of the western technology sector.

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    • Sun yields its secrets to Parker Solar Probe

      Sun yields its secrets to Parker Solar Probe

      NASA's Parker Solar Probe made the closest ever flyby of the Sun in August 2018, collecting massive amounts of data using cutting-edge scientific instruments from a distance of 15 million miles - a mission that also, incidentally, set the record for the fastest-ever human-made object of all time.

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