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Brexit riddle goes on: May’s deal, delayed no-deal or referendum?

LONDON/BRUSSELS (Reuters) - The United Kingdom is due to leave the European Union in less than a month, yet there is still no ratified divorce deal so it faces three main options - swing behind Prime Minister Theresa May’s deal, leave without a deal in late June or throw the question back to the people. 1) MAY’S DEAL: May comes back with a tweaked deal which Brexit rebels support because they fear the entire process will be hijacked by those who want to keep Britain in the EU. If rejected a second time, May delays Brexit and tries again. May is hoping to bring back a tweaked…

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Uber and Lyft Said to Offer Drivers a Chance to Participate in I.P.O.s

SAN FRANCISCO — When Uber and Lyft go public this year, their founders, top executives and investors are set to reap billions of dollars in new wealth.But one group that helped build up the ride-hailing companies will miss out on most of the rewards: their drivers.That’s because while Uber’s and Lyft’s full-time employees and investors own company stock that they can convert into cash after the initial public offerings, the millions of drivers who ferry passengers around for the services are independent contractors. That has made them ineligible for stock grants — and bystanders to the coming I.P.O. bonanza.Now Uber and Lyft, facing the growing inequity between…

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Tesla starts selling $35,000 Model 3 for delivery in two-four weeks

FILE PHOTO: A Tesla Model 3 sedan, its first car aimed at the mass market, is displayed during its launch in Hawthorne, California, U.S. March 31, 2016. REUTERS/Joe White/File PhotoSAN FRANCISCO (Reuters) - Tesla Inc’s website showed on Thursday that the electric vehicle maker will offer a $35,000 version of its Model 3 sedan with a delivery time of two to four weeks, nearly two years after the company originally promised the car at that price. The Model 3, when first shown off by Chief Executive Elon Musk in March 2016, was promised to be a $35,000 car - before incentives - to appeal to the mass…

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YouTube Bans Comments on Videos of Young Children in Bid to Block Predators

SAN FRANCISCO — YouTube will disable comments on most videos that include children 13 and younger after coming under fire for failing to keep pedophiles from posting suggestive remarks on such videos, the company said on Thursday.YouTube, which is owned by Google, said in a blog post that over the next few months, it would suspend comments on videos of young minors — those 13 and under — and older teenagers that may risk “attracting predatory behavior.”The move is a response to the latest content-related crisis to confront YouTube: a video documenting how pedophiles have used comments on videos of children to guide other predators. After the…

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Summit collapse clouds future of U.S.-North Korea nuclear diplomacy

HANOI (Reuters) - A second summit between U.S. President Donald Trump and North Korea leader Kim Jong Un collapsed on Thursday over sanctions, and the two sides gave conflicting accounts of exactly what happened, raising questions about the future of their denuclearization talks. Trump said two days of talks in the Vietnamese capital Hanoi had made good progress in building relations and on the main issue of denuclearization, but it was important not to rush into a bad deal. He said he had walked away because of unacceptable North Korean demands. “It was all about the sanctions,” Trump told a news conference after the talks were cut…

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Some sighs of relief in Washington as Trump returns empty handed from Kim summit

WASHINGTON (Reuters) - Among some U.S. officials, congressional aides, analysts and others who track North Korea, there was a sigh of relief on Thursday as President Donald Trump headed home empty handed from his talks with North Korean leader Kim Jong Un in Vietnam. U.S. President Donald Trump boards Air Force One to continue his return to Washington from his summit meeting with North Korea's Kim Jong Un in Vietnam after a refueling stop at Elmendorf Air Force Base in Anchorage, Alaska, U.S., February 28, 2019. REUTERS/Leah MillisTrump said he walked away from a deal because of Kim’s demands to lift all U.S.-led sanctions on North Korea…

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U.S. stocks edge downward as Wall Street takes a pause

NEW YORK (Reuters) - Wall Street’s main indexes fell slightly on Thursday as support from better-than-feared U.S. GDP data was countered by concerns about earnings and U.S.-China trade relations. Traders work on the floor of the New York Stock Exchange (NYSE) in New York, U.S., February 25, 2019. REUTERS/Brendan McDermidAlso on Thursday, President Donald Trump said he had walked out of his Vietnam summit with Kim Jong Un because of demands from the North Korean leader to lift U.S.-led sanctions. Commerce Department data on Thursday showed that while the U.S. economy missed a 3 percent annual growth target for 2018, a better-than-expected fourth quarter pushed gross domestic…

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U.S., Russia fail in rival bids for U.N. action on Venezuela

UNITED NATIONS (Reuters) - The United States and Russia both failed on Thursday in rival bids to get the United Nations Security Council to take action on Venezuela, cementing a global split over how to deal with a political and humanitarian crisis in the South American country. Members of the U.N. Security Council vote to approve a U.S. draft resolution calling for free and fair presidential elections in Venezuela at U.N. headquarters in New York, U.S., February 28, 2019. REUTERS/Lucas JacksonRussia and the United States have been at loggerheads over a U.S.-led campaign for international recognition of Juan Guaido, the Venezuelan opposition leader and head of the…

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Venezuela’s Guaido vows to return to Caracas despite threat of prison

BRASILIA (Reuters) - Venezuelan opposition leader Juan Guaido, visiting Brazil to drum up support for his bid to push for a change of government in his country, said on Thursday he will return to Caracas by Monday despite threats of imprisonment. Venezuelan opposition leader Juan Guaido waves as he arrives at the European Union headquarters in Brasilia, Brazil Febbruary 28, 2019. REUTERS/Ueslei MarcelinoGuaido said the leftist “regime” of President Nicolas Maduro was “weak, lacking support in Venezuela and international recognition.” Speaking to reporters after meeting with Brazil’s right-wing President Jair Bolsonaro, Guaido called for the enforcement of economic sanctions against the Maduro government to continue “so that…

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In U.S. charm offensive, China’s Huawei launches ad to combat dark image

WASHINGTON (Reuters) - Huawei Technologies ran a full page ad in major U.S. newspapers on Thursday urging readers not to believe “everything you hear,” about the Chinese tech firm, as it defends itself against government accusations its equipment can be used to spy. FILE PHOTO: The logo of Huawei is seen at the Mobile World Congress in Barcelona, Spain February 26, 2019. REUTERS/Sergio Perez/File Photo/File Photo/File PhotoThe world’s largest telecommunications equipment maker, which has been charged with bank fraud related to U.S. sanctions against Iran, touted its relief efforts in disaster-torn countries like Chile and Indonesia, and its work to connect the undeserved around the world. “Our…

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