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UPDATE 1-Grab defends position in Uber deal to Singapore’s anti-monopoly watchdog

(Adds Grab investor comment, CCCS statement) SINGAPORE, July 27 (Reuters) – Grab said on Friday it disagreed with the Singaporean anti-monopoly watchdog’s assessment that its…

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IT fiasco pushes TSB into a loss

Image copyright Getty Images The technology meltdown at TSB earlier this year has cost the bank £176.4m, pushing it into a half-year loss. The bank…

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KfW plans, in future, to sell on stake in 50Hertz – ministries

BERLIN, July 27 (Reuters) – German state bank KfW’s plans to take a stake in high-voltage energy network operator 50Hertz envisage the state lender selling…

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Michael Cohen Reportedly Claims Trump Knew In Advance About The Infamous Trump Tower Meeting With Russian

“There’s no way you’re going to bring down a president with a proven liar,” Rudy Giuliani said in response. By Chris Geidner Reporting From Washington,…

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UPDATE 5-BP pays $10.5 bln for BHP shale assets to beef up U.S. business

(Reuters) – BP Plc (BP.L) has agreed to buy U.S. shale oil and gas assets from global miner BHP Billiton (BLT.L) (BHP.AX) for $10.5 billion,…

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SBM Offshore reaches settlement in Brazil corruption probe

AMSTERDAM, July 27 (Reuters) – SBM Offshore has reached a settlement in a long-running corruption investigation it faced in Brazil, allowing the Dutch marine engineering…

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REFILE-GLOBAL MARKETS-Asian shares post modest gains, trade fears hamper China

(This story was refiled to clarify state bank activity in spot yuan market in 13th paragraph.) A woman walks in strong wind caused by Typhoon…

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Posted in News/Business News/Canada/Edmonton News/Canada/Toronto News/Politics News/World Uncategorized

Trump likely to get an economic growth win, but for how long?

Donald Trump has long boasted he would usher in economic growth of more than 4%. Economists are predicting that the latest GDP numbers, due to…

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Posted in News/Canada/Edmonton News/Canada/Toronto News/Politics Uncategorized

WeWork China raises $500M to triple the number of cities it covers

WeWork’s China business is getting a fresh injection of capital after it raised $500 million. The company entered China two years ago and today it…

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Qualcomm CEO in the ring alone after U.S.-China spat kills deals

(Reuters) – Qualcomm Inc Chief Executive Officer Steven Mollenkopf sought government help to block an acquisition of the U.S. chip maker on fears of China’s…

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