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Temasek’s asking price for Watson stake was too high

Take Hong Kong protests, add a dash of Brexit and then stir in the death of brick-and-mortar shopping. It’s hardly surprising that a savvy investor would want to bail from its stake in AS Watson Group, a retailer based in the former British colony with a big UK footprint. These latest geopolitical flash points have been cited for Temasek Holdings ...

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The hard part of ending inequality is paying for it

Buried among the storylines about global trade and political intrigue from the G7 summit last month is perhaps the most noteworthy one of all. Business for Inclusive Growth, or B4IG, a coalition of 34 multinational companies with more than 3 million employees and revenues topping $1 trillion, unveiled an initiative to tackle inequality with help from the Organisation for Economic ...

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EU nationals can’t trust Brexiters on migration

As crowds gathered last week to protest UK Prime Minister Boris Johnson’s decision to suspend Parliament ahead of Brexit, a distraught woman pushed her way in front of the cameras to voice her fears of being kicked out of the country. “I’m Portuguese and I’ve worked here for 20 years,” she said, explaining that her bid to register for the ...

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