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Philippine carriers suspend Taiwan flights due to virus

Bloomberg Philippine Airlines Inc and Cebu Air Inc have suspended their Taiwan flights after the Southeast Asian nation expanded its travel ban on the novel coronavirus. The order temporary barring the entry and departure of foreign nationals from China, Hong Kong and Macau will also cover Taiwan, the Bureau of Immigration said. Both carriers suspended the Taiwan flights starting from ...

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Simon buying Taubman for $3.6bn to fight retail slump

Bloomberg Simon Property Group Inc agreed to buy rival US shopping-mall operator Taubman Centers Inc for about $3.6 billion, a combination that comes as e-commerce continues to roil brick-and-mortar retail. Simon will pay $52.50 a share in cash for all of Taubman’s common stock, the companies said in a statement. That’s about 51% more than Taubman’s closing share price on ...

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JD Sports takeover of Footasylum raises concern

Bloomberg JD Sports Fashion Plc’s purchase of Footasylum may harm competition and leave shoppers worse off, the UK’s antitrust regulator said. The UK’s Competition and Markets Authority (CMA) said its provisional view is that the transaction could lead to “a substantial lessening of competition in the retail supply of sports-inspired casual footwear.” The regulator, asked for feedback on its findings. ...

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