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The $680mn question of what the boss knew

Anil Ambani, the younger brother of Asia’s richest man, faces a $680 million legal test to answer one and only one question: Just what did he know about what his employees were doing on his behalf? Other Indian tycoons will take an abiding interest in his defense. The $680 million is the amount Industrial & Commercial Bank of China Ltd. ...

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A global anarchy revival could outdo the 1960s

India has exploded into protests against a citizenship law that explicitly discriminates against its 200 million-strong Muslim population. Narendra Modi’s Hindu nationalist government has responded with police firing on demonstrators and assaults on university campuses. The global wildfire of street protests, from Sudan to Chile, Lebanon to Hong Kong, has finally reached the country whose 1.3 billion population is mostly ...

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Unilever may be better off out of food business

Unilever NV has made a great deal of “instilling purpose” into its products, trying to flag up the social and environmental credentials of things from Dove shower gel to Magnum ice cream to appeal to millennial consumers. It doesn’t seem to be doing much for its sales. The Anglo-Dutch company surprised the stock market, warning that revenue growth this year ...

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