Amazon, HarperCollins reach multi-year publishing deal: WSJ

(Reuters) – E-commerce company Amazon.com Inc and publisher HarperCollins have reached a new multi-year publishing deal that covers both print and digital titles, The Wall Street Journal reported, citing HarperCollins. The deal calls for HarperCollins, owned by News Corp, to set the retail prices of its digital books, with incentives for HarperCollins to provide lower prices to consumers, the Journal said, citing a person familiar with the matter.

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Global business groups urge China to suspend bank IT rules

By Krista Hughes WASHINGTON (Reuters) – Business associations from the United States, Japan and Europe told Chinese officials on Monday they still have “strong concerns” about bank information technology rules and urged Beijing to formally suspend them. The joint letter, from 31 trade associations, increases pressure over rules pushing China's state-owned banks to buy technology from domestic vendors, which the U.S. trade office has said could breach China's international trade commitments

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