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Amazon Echo comes to Marriott hotels

Amazon’s digital assistant Alexa will be installed in some US Marriott-owned hotels, following a partnership between the two firms. Its functions will include ordering room service, housekeeping and providing concierge advice, the firm said. The Wynn Resorts chain in Las Vegas installed the Amazon Echo in around 5,000 hotel suites …

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Ulster Bank boss denies lender ‘in shop window’

Ulster Bank’s interim chief executive insisted RBS has no plans to jettison the business and denied a looming €1.6bn loan portfolio sale of soured owner-occupier and buy-to-let mortgages is part of a wider strategy to prepare the lender “for the shop window”. Appearing before the Joint Oireachtas Committee on Finance …

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Airport traffic in Europe tipped to double by 2040

Passenger traffic at Europe’s airports is set to more than double by 2040 to 4.5 billion, according to the airports body ACI Europe. But it warned the fact that low-cost carriers are driving passenger growth “comes with significant pressure on aeronautical revenues” at airports, with 90pc of Europe’s airports offering …

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Elverys owner in finance warning

The company behind sports retailer Elverys Intersport has warned that it is more difficult to obtain bank finance and make acquisitions. That comes amid substantial pressure on retail despite the strong economy. The company – West Roxbury Ltd – has just filed new accounts at the Companies Registration Office. The …

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Ford and VW in talks about developing range of vans

Ford and Volkswagen are in early talks about jointly developing a range of commercial vehicles. The two car giants said they were “exploring a strategic alliance” aimed at strengthening both companies’ competitiveness without giving details. However, the cooperation would not involve any share swaps or cross-ownership deals. Ford’s biggest-selling commercial vehicles are …

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China calls for calm as trade row wipes out 2018 Dow gains

China’s central bank called for investors to remain calm and pledged to use monetary policy “comprehensively”, after an escalation of the stand-off with US sent the nation’s benchmark stock index plunging. China was responding after the US kicked off what has become a round of tit-for-tat tariffs that is threatening …

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General Electric drops out of Dow index

General Electric is losing its place on the Dow Jones Industrial Average after more than a century in a move that reflects its declining fortunes and a changing US economy. Walgreens Boots Alliance will take its spot on the financial index, which tracks shares of 30 companies deemed representative of …

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