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Art Basel owner chases Asia’s rich with new Singapore fair

Bloomberg MCH Group AG, the owner of Art Basel, is launching a new art fair in Singapore starting next year to take advantage of the growing wealth in Asia, which is minting millionaires faster than any other region in the world. The new expo, called ART SG, will hold its inaugural event in November 2019 with about 80 galleries from ...

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Mnuchin and Pompeo reject European bid for Iran waivers

Bloomberg Secretary of State Michael Pompeo and Treasury Secretary Steven Mnuchin rejected a request from European leaders for broad-based waivers from sanctions the US will reimpose on countries that do business with Iran after the President Donald Trump backed out of the 2015 nuclear accord. In a letter whose contents were described to Bloomberg News, Pompeo and Mnuchin told the ...

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Fox raises Sky offer to $32bn in battle with Comcast

Bloomberg Rupert Murdoch’s Inc. boosted its bid for Sky Plc, raising the stakes for Comcast Corp. to retaliate in a battle for control of Britain’s top pay-TV company. Fox offered £14 per share to value Sky at £24.5 billion ($32 billion), 12% more than Comcast’s rival £22 billion offer. Sky shares fell as much as 2% as some investors had ...

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