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(MENAFN - AFP) The United States Thursday issued a sweeping ban on sales of e-cigarettes, cigars, pipe tobacco and hookahs to those under 18, marking the first time these products have been federally regulated.

The ban will go into effect in 90 days, according to the US Food and Drug Administration, which described the final rule -- issued after several years of study and ...

 
(MENAFN - AFP) Oil giant ExxonMobil said Thursday it was starting a new venture that could make carbon-dioxide capture a more economically attractive way to fight global warming.

ExxonMobil said its new agreement with FuelCell Energy aims to develop technology for capturing carbon-dioxide emissions from power plants using fuel cells.

The idea is that the fuel cells ...

 
(MENAFN - AFP) Australian Craig Wright on Thursday went back on a promise to provide further proof that he created Bitcoin because he was "not strong enough" for the public scrutiny, raising fresh doubts over his claim.

The secretive businessman on Monday identified himself as the creator of the pioneering digital currency after years of speculation about who invented it.

The ...

 
(MENAFN - AFP) An increase in layoffs pushed US claims for unemployment insurance higher last week but the jobs market remains tight, Labor Department data showed Thursday.

Initial jobless claims, a sign of the level of layoffs, rose by 17,000 in the week to April 30 to 274,000.

Despite the rise, claims held below 300,000 for the 61st consecutive week, the longest such ...

 
(MENAFN - AFP) Ford said Thursday it was investing $182 million into San Francisco cloud computing firm Pivotal as it deepens its work on connected and self-driving cars.

The number-two US automaker has been working with Pivotal since late last year on cloud-based services for Ford cars and drivers.

The announcement comes two days after rival Fiat Chrysler announced ...

 
(MENAFN - AFP) China's state-owned rail corporation is more than $600 billion in debt, reports said, almost twice the size of Greece's obligations.

The China Railway Corporation (CRC) operates the country's trains, including an already world-beating 19,000-kilometre (11,800-mile) high-speed rail network, with at least another 11,000 kilometres planned.

But according ...

 
(MENAFN - AFP) Anger over the 7.25 million euros that the head of French carmaker Renault took home last year has underlined President Francois Hollande's failure to rein in runaway executive pay.

Huge bonuses, "golden handshakes", lucrative stock options -- all these corporate goodies were supposed to come under much closer scrutiny after Hollande won the presidency in 2012. ...

 
(MENAFN - AFP) A modest attempt at recovery on European stock markets fizzled out on Thursday after two days of heavy losses as concerns over slowing global growth continued to weigh.

Higher oil prices helped markets shrug off overnight falls in many Asian indices, which had taken their lead from Wall Street's previous session, as markets geared up for key US jobs data due ...

 
(MENAFN - AFP) Prime Minister Shinzo Abe on Thursday warned that Britain would become "less attractive" for Japanese investment if it votes to leave the European Union in a membership referendum in June.

"A vote to leave would make the UK less attractive as a destination for Japanese investment," Abe said after talks with British counterpart David Cameron in Downing Street ...

 
(MENAFN - AFP) Chinese e-commerce giant Alibaba's revenue surged 39 percent year-on-year in the first three months of 2016, the company said Thursday, its fastest growth in the last four quarters.

Revenue hit 24.18 billion yuan ($3.75 billion) for the three months to March, it said in its quarterly results announcement, defying both China's economic slowdown and increasing ...

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