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UK’s May should admit that Brexit has failed

Facing a historic defeat for her Brexit deal in Parliament, British Prime Minister Theresa May has, almost unbelievably, managed to make things worse. In a speech before the House of Commons on Monday, May postponed a vote on the deal and vowed to reopen talks with the European Union on the most contentious aspect of the whole undertaking, the Irish ...

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As Brexit vote looms, who is the real Theresa May?

British Prime Minister Theresa May is doing something politicians almost never do: She is charging into a battle she will almost certainly lose. Does she have a plan to survive and lead the aftermath or, like the Spartan Leonidas at the Battle of Thermopylae, will she sacrifice herself and her troops for a position she can’t hold? How the weeks ...

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Japan’s SoftBank may be milking its cash cow dry

Japanese investors salivating at the juicy 5.4% dividend yield available from the initial public offering (IPO) of SoftBank Group Corp.’s telecom unit should rein in their excitement. It won’t last. The $23.5 billion IPO of Softbank Group’s cash-cow wireless carrier, which will confusingly trade on the Tokyo Stock Exchange as SoftBank Corp., is a hit among Japan’s traditionally conservative investors, ...

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