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Carillion collapse prompts rules on UK corporate recklessness

Bloomberg UK Prime Minister Theresa May set out a plan to defend capitalism from capitalists, after the collapse last week of construction company Carillion Plc put at risk public-sector projects from roads to hospitals. In an article for the Observer newspaper, May pledged new rules to deal with executives “who try to line their own pockets by putting their workers’ ...

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China’s push into western Pacific alarms American allies in Asia

Bloomberg With the Trump administration warning of a possible war with North Korea, US allies in Asia are sounding the alarm on another risk: a clash with China in the western Pacific. China has recently accelerated air and naval excursions in sensitive areas near Japan and Taiwan, part of a longstanding quest to expand its military presence further from its ...

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US lawmakers fail to negotiate an end to shutdown

Bloomberg Lawmakers failed to negotiate an end to the government shutdown despite a bipartisan effort to broker a deal, raising the political stakes as federal agencies begin closing at the start of their normal workweek. Many more Americans will begin feeling the repercussions of a shutdown that officially began at 12:01 am after most government offices had stopped work for ...

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