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Singapore’s fintech goals bump up against immigration curbs

Bloomberg Singapore’s goal of becoming a high-tech financial hub is running into real-world problems of labour supply and demand. Technology startups in many countries are fighting to attract skilled workers like software engineers. Yet in the tiny city-state of Singapore, with a population of 5.6 million, the dearth of talent is particularly acute. The nation’s universities and polytechnic schools churn ...

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Bayer wins US approval for $66bn Monsanto takeover

Bloomberg Bayer AG won US antitrust approval for its $66 billion takeover of Monsanto Co, clearing the last major regulatory hurdle to forming the world’s biggest seed and agricultural-chemicals provider after a nearly two-year global review. The companies reached a settlement with the Justice Department that resolves the gover- nment’s concerns that the merger as initially structured would harm consumers ...

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Salesforce jumps on rosy revenue forecast after acquisitions

Bloomberg Salesforce.com Inc. gave a revenue forecast that topped analysts’ estimates, signalling the company’s expensive efforts to expand its software products and customer base may be paying off. Sales will be as much as $3.23 billion in the current quarter, the San Francisco-based company said in a statement. Analysts on average projected $3.1 billion, according to data compiled by Bloomberg. ...

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