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Varadkar risks defeat as Irish voters head to polls

Bloomberg Ireland voted on Saturday, with PM Leo Varadkar’s party facing a struggle to retain power after almost a decade in office. Voting started at 7 am and was expected to finish at 10 pm. State broadcaster RTE was expected to release an exit poll immediately after voting ends. Counting is set to begin on Sunday, with a clear picture ...

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Coronavirus crisis highlights flaws in the ‘Chinese model’

The “Chinese model,” as enthusiasts sometimes describe Beijing’s autocratic system for dictating policy, can look eerily successful — until you consider catastrophic events such as the recent coronavirus outbreak. China’s response to the epidemic that began in Wuhan over a month ago shows some advantages of its police-state approach, and some severe disadvantages: Chinese authorities can commandeer resources to build ...

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Is Macy’s too Macy’s to save Macy’s?

With the traditional department store in its death throes, Macy’s Inc. is doing its best to keep the concept alive. The struggling retailer last week unveiled a strategic blueprint to defend its business against the twin threats of online and discount competitors. The centerpiece is closing 125 of its department stores over the next three years, including some 30 locations ...

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