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Sabic slumps to lowest quarterly net in a decade

Bloomberg Saudi Basic Industries Corp. (Sabic) posted its lowest quarterly profit in at least a decade as the chemical maker took an impairment charge and cheaper oil put pressure on its product prices. Net income slumped 86% from the previous year to 830 million riyals, while sales fell 23% for the same period to 33.7 billion riyals, the company known ...

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US needs more of India’s, China’s best and brightest

In the tempestuous debates about immigration policy, the humble H-1B temporary visa tends to be overlooked. Streams of desperate Central Americans marching toward the border tend to evoke strong emotions on all sides, while tech professionals from India working in Silicon Valley elicit fewer objections. But H-1B workers are important to national prosperity, and the program is under threat from ...

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Macron can’t save Boris Johnson

Whoever came up with the Article 50 process for leaving the European Union probably never thought it would be used, let alone turned into a maddening form of procedural torture worthy of Kafka. Brexit was meant to have been wrapped up in March, yet the UK’s inability to decide what it wants has frustrated the best-laid plans of Brussels’s technocrats. ...

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