Smartphone-Wielding Chinese Tourists Challenge Cash’s Reign

TOKYO—Japan, usually a high-tech model for China, is learning from its neighbor how people can pay without cash. Old-time paper money has reigned supreme in Japan, but that is beginning to change thanks to a flood of Chinese tourists who expect to pay with a phone like they do back home. To spur adoption, Japanese…

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U.S. Appeals Court Rejects Justice Department Antitrust Challenge to AT&T-Time Warner Deal

WASHINGTON—A federal appeals court on Tuesday rejected the Justice Department’s bid to roll back AT&T Inc.’s 2018 acquisition of entertainment company Time Warner, a second defeat for government antitrust enforcers who sought to sink the $80 billion-plus deal. The U.S. Court of Appeals for the District of Columbia Circuit unanimously affirmed a trial judge’s ruling…

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DRC opposition candidate Fayulu to file election result challenge

The Democratic Republic of the Congo’s (DRC) losing presidential candidate Martin Fayulu has announced he would file a court challenge to the election results, with his camp announcing he had won 62 percent of the vote. Campaign official Fidele Babala told reporters on Friday that Fayulu won 62 percent of the vote, while President-elect Felix Tshisekedi…

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Wall Street Firms Plan New Exchange to Challenge NYSE, Nasdaq

A group of financial heavyweights including Morgan Stanley, Fidelity Investments and Citadel Securities LLC plans to launch a new low-cost stock exchange to challenge the New York Stock Exchange and Nasdaq Inc., the companies said. The creation of the new venue, called Members Exchange or MEMX, comes after years of frustration among Wall…

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Decision Time for Boris Johnson: Will He Challenge May?

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Facebook’s Next Privacy Challenge: Less Data to Target Ads

July 30, 2018 5:30 a.m. ET Facebook Inc.’s FB -3.91% advertisers in Europe are on the front lines of its efforts to tighten privacy practices, and their frustrations help explain why the social-media giant’s troubles are far from over. Facebook said Europe’s new privacy law—General Data Protection Regulation, or GDPR—contributed to slowing revenue growth in…

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In southern Syria, the US faces a Russia-Israel challenge

Dynamics in the southern front in Syria have reached a tipping point. Russian-Israeli coordination is taking precedence over the ceasefire agreement that US President Donald Trump and Russian President Vladimir Putin reached on the sidelines of the G20 summit last year. Iran and the United States are both facing increasing pressure in the area, while…

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Ford to Scrap Ontario’s Carbon System in Challenge to Trudeau

Ontario will scrap the province’s cap-and-trade program and pull out of the carbon-trading market with Quebec and California even as pollution pricing expands in other regions of the world. Ontario’s Progressive Conservatives will follow through on a campaign promise to withdraw from the environmental program that required companies to buy credits to offset pollution blamed…

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