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India coal deal may prove a truckload of dying embers

  Fancy a truckload of the world’s biggest coal miner? New Delhi is planning to sell a 10 percent stake in Coal India Ltd., the Economic Times reported, without saying where it got the information. Such a deal could be worth about 197 billion rupees ($2.9 billion) at current market prices, and would reduce the government’s share in the company ...

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PCCW chasing blue sky is a costly new dawn

  In the space of a week, PCCW Ltd., Richard Li’s company, has cheered investors by getting out of the U.K., then brought them back to earth with plans to bulk up video streaming in Asia. Days after Li sold the loss-making British broadband provider to his father Li Ka-shing, PCCW is disposing of a $1.1 billion stake in telecom ...

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Spy agencies should kick the contractor habit

  Are government cyberoperations safe when they involve people from the private sector? That’s the question raised by the indictment of former National Security Agency contractor Harold Martin on 20 counts of obtaining and keeping national defense information. While Martin held various security clearances — including ‘top secret’ — between 1993 and his arrest in August 2016, he worked for ...

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