U.S. Extends Temporary Trade Sanction Relief for China's ZTE

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The U.S. government has decided to extend the temporary lifting of its trade sanctions on ZTE Corp. through Aug. 30.

Lyft Hires M&A Banker Qatalyst Partners

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Ride-hailing startup Lyft has hired Qatalyst Partners, the boutique investment bank best known for helping tech companies find a buyer, according to people familiar with the matter.

Online Shopping Forces Retailers to Rethink Inventory Strategy

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Retailers are trying to figure out ways to profitably serve online shoppers while making their network of stores less of a financial burden. Home Depot, for example, is targeting sales growth of nearly 15% by 2018, but wants to keep inventory levels flat or slightly down.

Why Some Big Insurers Lack 'Brexit' Cover

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Market volatility after the U.K. referendum to leave the EU threatens banks first, insurers and fund managers next.

GE Strikes Deals to Sell Most of U.S. Restaurant Finance Assets

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General Electric Co. has struck three agreements to sell the bulk of its U.S. restaurant loan portfolio as the industrial conglomerate continues to unwind its financial arm to focus on high-tech products, like jet engines and power turbines.

EU Set to Issue Fresh Formal Antitrust Charges Against Google

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The European Union’s competition watchdog has signaled it is preparing to issue a fresh set of formal antitrust charges, possibly before August, against Google over abusing its dominance in advertising, according to people familiar with the matter.

Brexit's Impact on Global Economy Depends on Leaders

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Britain’s vote to leave the European Union casts a shadow over the global economy. How deep a shadow depends on how the rest of the world responds, which will be driven by politics, not economics, Greg Ip writes.

SolarCity Forms Special Committee to Review Tesla Offer

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SolarCity Corp. said it has hired outside legal and advisory counsel and formed a special board committee to evaluate an acquisition offer made by Tesla Motors Inc.

U.S. to Hold Talks with U.A.E., Qatar in Airline Dispute

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The State Department intends to hold “informal, technical discussions” with the United Arab Emirates and Qatar next month about a dispute over Persian Gulf airlines’ funding and access to the U.S. market.

Brexit: The U.K.'s New Political Risk Equation

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The pain goes on for the pound. The U.K.’s reputation as a haven has been tarnished.

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