ONLINE EXCLUSIVES
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ANT GROUP REACHES DEAL WITH CHINESE REGULATORS
Ant Group has agreed on a restructuring plan with China’s regulators that will turn the fintech giant into a financial holding company subject to capital requirements similar to those for…
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A COVID CATASTROPHE
In a meeting last week in the Europa building in Brussels, home of the European Union’s political leadership, diplomats for the 27 member states were desperate. The EU had paid…
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MEET AMAZON’S NEW BOSS
Jeff Bezos is stepping down as Amazon boss later this year and handing the reins to a company executive few of the public will recognise. However, Andy Jassy, 53, is…
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JEFF BEZOS TO STEP DOWN AS CEO OF AMAZON
Amazon founder Jeff Bezos is to step down as chief executive of the e-commerce giant that he started in his garage nearly 30 years ago. He will become executive chairman,…
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MYANMAR COUP LIKELY TO DAMAGE ITS ECONOMY
Businesses and analysts predict that the coup in Myanmar is likely to damage the country’s economy. Companies say the coup has already put billions worth of foreign investment at risk.…
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ASIAN FACTORIES SHOW MIXED PERFORMANCE
Manufacturing in China and Japan suffered in January, while South Korea and Taiwan saw improvement amid a resurgence in coronavirus infections, underscoring the fragile nature of the region’s economic recovery.…
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MYANMAR MILITARY SEIZES POWER
Myanmar’s military seized power on Monday (Feb 1) in a coup against the democratically elected government of Nobel laureate Aung San Suu Kyi, who was detained along with other leaders…
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IS WORKING FROM HOME LOSING ITS EFFECTIVENESS?
Working from home has been surprisingly successful for global banks during the first year of the coronavirus pandemic but is losing its effectiveness, two prominent industry executives said on Tuesday…
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UK BANS UAE FLIGHTS
Britain is banning direct passenger flights to and from the United Arab Emirates (UAE) from Friday, shutting down the world’s busiest international airline route from Dubai to London. Britain said…
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