Showing 1-10 of 77 results
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UBS to absorb Credit Suisse domestic unit
AFP, Published on 31/08/2023
» ZURICH - The banking giant UBS said Thursday it would fully absorb the Swiss unit of its recently swallowed rival Credit Suisse into its operations, without spelling out the implications for job cuts.
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Australian casino group fined US$290m for lax controls
AFP, Published on 31/05/2023
» SYDNEY: Australia's Crown Resorts is set to pay a civil penalty of A$450 million (US$290 million) for lax money laundering controls that saw cash being carried into a casino in paper bags, shoe boxes and suitcases.
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Twitter turmoil, staff exodus aggravate security concerns
AFP, Published on 20/11/2022
» WASHINGTON: Twitter's owner Elon Musk has pledged the platform will not become a "hellscape," but experts fear a staff exodus following mass layoffs may have devastated its ability to combat misinformation, impersonation and data theft.
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Germany allows smaller Chinese stake in Hamburg port
AFP, Published on 26/10/2022
» BERLIN - Germany's coalition government on Wednesday allowed a Chinese firm to take a smaller-than-planned stake in a Hamburg port, after Chancellor Olaf Scholz resisted calls to ban the controversial sale outright.
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Man Utd's Antony swoop, Chelsea move for Aubameyang headline deadline deals
AFP, Published on 02/09/2022
» LONDON: Manchester United were the biggest spenders on the Premier League's transfer deadline day as they splashed out 82 million pound on Ajax forward Antony, while Chelsea's frenzied spree culminated with a swoop for Barcelona forward Pierre-Emerick Aubameyang.
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Filing says Elon Musk to borrow less in Twitter bid
AFP, Published on 26/05/2022
» SAN FRANCISCO: Elon Musk notified US regulators on Wednesday that he will rely less on loans in his bid to buy Twitter, as he and partners put $33.5 billion into the deal.
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$80 billion in Aramco shares moved to Saudi sovereign fund
AFP, Published on 14/02/2022
» RIYADH: Saudi Arabia has moved four percent of Aramco shares worth $80 billion in the world's biggest oil exporter to the kingdom's sovereign wealth fund, authorities said on Sunday.
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Tech giants to donate Covid vaccines to Taiwan in China workaround
AFP, Published on 12/07/2021
» TAIPEI: Taiwanese tech giants Foxconn and Taiwan Semiconductor Manufacturing Company announced Monday they will each donate five million coronavirus vaccine doses to the government in a deal with a China-based distributor.
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Man Utd fans' deep-rooted mistrust of Glazers simmers over
AFP, Published on 03/05/2021
» LONDON: A dramatic protest by angry Manchester United supporters that forced the postponement of a Premier League clash against historic rivals Liverpool was the result of a long-running feud with the American club's owners, the Glazer family.
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Baltimore Sun deal sets up major test for nonprofit news model
AFP, Published on 14/03/2021
» BALTIMORE - After years of staff cuts, shrinking budgets and declining readership, the Baltimore Sun finally has some good news to report about itself: a deal for a new nonprofit group to take over, and potentially revive the struggling newspaper.
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