ABB to build robotics ‘factory of the future’ in China

New York (CNN)Coming soon to China: A factory where robots will build robots. The company’s YuMi robot, a two-armed headless device designed to work with people, will be put to use on the factory floor. Autopiloted carts will also follow robots around the factory, carting necessary supplies, according to a…

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The head of the IMF is skipping Saudi Arabia’s investment conference

Hong Kong (CNN Business)Saudi Arabia’s big investment conference is losing more high-profile guests as the international crisis over the disappearance of journalist Jamal Khashoggi intensifies. It’s an abrupt change of position from Lagarde, who said as recently as Saturday that she still planned to speak at the event in Riyadh…

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Jack Ma says he isnt about to retire from Alibaba but is planning a gradual succession

Reports of Jack Ma’s impending retirement are greatly exaggerated, it seems. Ma, the co-founder and executive chairman of Alibaba, has pushed back on claims that he is on the cusp of leaving the $420 billion Chinese e-commerce firm. The New York Times first reported that the entrepreneur plans to announce that he will…

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25+ Genius Hidden Messages People Didnt Expect To Find On Everyday Products

So that’s just what we at Bored Panda are doing today! These Companies left little ‘Easter Eggs’ on their products for their customers to find, and make them smile. Scroll down below to check them out for yourself, and don’t forget to vote for your favorites! #1 My Raincoat Reveals…

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With Sanctions Clock Ticking, Iran Races to Reap Deal Benefits

Iran’s Mehrabad International Airport may have seen one of the final benefits of the 2015 nuclear agreement. As the U.S. prepares to slap new sanctions on the Iranian economy this week after pulling out of the accord, state-run Airbus SE and Italy’s Leonardo SpA, after France secured American approvals to…

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Trump Wont Kill Off Germanys Trade Surplus

Germany’s trade surplus is likely to stay large no matter how hard Donald Trump tries to make it disappear. The U.S. president has accused his ancestral homeland — his grandfather was a German immigrant — of unfair trade practices and threatened the country with import levies on cars. Time is…

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Automakers Risk $16 Billion in Fines on EU Emission Breaches

Automakers failing to cut greenhouse gas emissions risk writing a big check to the European Union. Manufacturers ranging from Renault SA to Mercedes-Benz maker Daimler AG are on the hook for total fines in excess of 14 billion euros ($16 billion), should they fail to comply with tighter emission regulation…

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Mark Zuckerberg Tops Warren Buffett to Becomethe Worlds Third-Richest Person

Facebook Inc. co-founder Warren Buffett as the world’s third-richest person, further solidifying technology as the most robust creator of wealth. Zuckerberg, who trails only Amazon.com Inc. founder Bill Gates, eclipsed Buffett Friday as Facebook shares climbed 2.4 percent, according to the

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Trump, Juncker Tout Deal Pulling Back From U.S.-EU Trade War

President Donald Trump and European Commission President Jean-Claude Juncker agreed to suspend new tariffs while negotiating over trade, pulling the U.S. and Europe back from the edge of a transatlantic trade war. The leaders pledged to expand European imports of U.S. liquefied natural gas and soybeans and both vowed to…

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Putins Soccer Ball for Trump Had Transmitter Chip, Logo Indicates

Russian President Vladimir Putin’s gift of a soccer ball to U.S. President tweeted, “I’d check the soccer ball for listening devices and never allow it in the White House.” It turns out they weren’t entirely wrong. Markings on the ball indicate that it contained a chip with a tiny antenna…

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When It Comes to Tipping, Millennials Are Cheapest

U.S. millennials are quick to whip out their wallets for pricey avocado toast and craft beer. But when it comes to rewarding the waiters and bartenders who serve them, those wallets often stay closed. Ten percent of millennials don’t tip at all when dining out compared with only three percent among the…

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