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International Business

Indian-origin Issa brothers buy Walmart’s UK supermarket chain Asda

Britain's billionaire Issa brothers and private equity group TDR Capital have bought Asda from Walmart in a deal which gives the British supermarket chain...
International Business

Major banks moved vast sums of illicit money: ICIJ

Massive sums of allegedly dirty money have flowed for years through some of the world's largest banking institutions, said an international journalism investigation published...
International Business

US government confirms receiving Oracle bid for TikTok

The US government has received a bid from Oracle for TikTok's American operations after the video-sharing app's parent ByteDance rejected a proposal from Microsoft,...
International Business

Citigroup’s Jane Fraser first woman to break Wall Street’s glass ceiling

Citigroup's Jane Fraser will become the first woman to lead a major Wall Street firm after the banking giant on Thursday picked her as...
International Business

Industry ‘leveraging pandemic’ to peddle unhealthy products: NGOs

Food and drink producers are leveraging the coronavirus pandemic to push unhealthy products such as alcohol, sugar-laden soft drinks and fatty fast food on...
International Business

Tiffany sues LVMH for reneging on $16 bln deal

Tiffany & Co sued LVMH on Wednesday after the French luxury goods giant told the US jeweler it could not complete a $16 billion...
International Business

Samsung heir charged with fraud over succession-linked deal

South Korean prosecutors indicted the heir to the Samsung empire Tuesday over a controversial merger of two business units seen as a key step...
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